Table:
|  | March 30, 2019 | March 31, 2018 |
| --- | --- | --- |
| Raw materials | $118,608 | $110,389 |
| Work in process | 272,469 | 221,137 |
| Finished goods | 120,716 | 140,766 |
| Total inventories | $511,793 | $472,292 |
Paragraphs:
4. INVENTORIES
The components of inventories, net, are as follows (in thousands):
Question:
What is the average value of the company's raw materials on March 31, 2018 and 2019?
Answer: ($110389 + $118608)/2  = 114498.5