Quarterly report [Sections 13 or 15(d)]

INVENTORIES

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INVENTORIES
6 Months Ended
Jun. 28, 2025
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following:
June 28,
2025
December 28,
2024
Raw materials $ 27,482  $ 24,460 
Work in progress 3,521  3,612 
Finished goods 52,266  41,663 
Inventories $ 83,269  $ 69,735 
Noncurrent inventories $ 2,976  $ 2,688 
As of June 28, 2025, noncurrent inventories consisted of $2,352 of raw materials and $624 of finished goods inventory. As of December 28, 2024, noncurrent inventories consisted of $1,892 of raw materials and $796 of finished goods inventory. Noncurrent inventories are included in the “Other assets” line item on the Company’s Condensed Consolidated Balance Sheets. Noncurrent inventory is anticipated to be consumed beyond our normal operating cycle, but prior to obsolescence.
Inventory for our Hiya segment is carried at the lower of cost or net realizable value using the weighted-average cost method. Net realizable value is determined using various assumptions with regard to excess or slow-moving inventories. Hiya did not record a valuation adjustment to inventory as of June 28, 2025 and December 28, 2024. Deposits on inventory are included in "Prepaid expenses and other current assets" line item on the Company's Condensed Consolidated Balance Sheets.