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Inventories, net
12 Months Ended
Apr. 30, 2024
Inventories, net  
Inventories, net

4.           Inventories, net

Inventories consist of the following (in thousands):

April 30,

 

2024

    

2023

 

(In thousands)

 

Raw materials

$

57,218

$

67,775

Work in process

 

53,232

 

43,276

Finished goods

 

65,618

 

42,968

Inventories, gross

 

176,068

 

154,019

Reserve for inventory excess and obsolescence

 

(25,900)

 

(15,205)

Inventories, net

$

150,168

$

138,814

For the fiscal years ended April 30, 2024, 2023 and 2022, the Company recorded inventory reserve charges of $13,937,000, $8,136,000 and $2,271,000, respectively.