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Inventories, net
12 Months Ended
Apr. 30, 2023
Inventories, net  
Inventories, net

4.           Inventories, net

Inventories consist of the following (in thousands):

April 30,

 

2023

    

2022

 

(In thousands)

 

Raw materials

$

67,775

$

42,310

Work in process

 

43,276

 

28,034

Finished goods

 

42,968

 

32,619

Inventories, gross

 

154,019

 

102,963

Reserve for inventory excess and obsolescence

 

(15,205)

 

(12,334)

Inventories, net

$

138,814

$

90,629

For the fiscal years ended April 30, 2023, 2022 and 2021, the Company recorded inventory reserve charges of $8,136,000, $2,271,000 and $1,178,000, respectively.