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Inventories, net
12 Months Ended
Apr. 30, 2025
Inventories, net  
Inventories, net

4.           Inventories, net

Inventories consist of the following (in thousands):

April 30,

 

2025

    

2024

 

(In thousands)

 

Raw materials

$

52,567

$

57,218

Work in process

 

73,434

 

53,232

Finished goods

 

46,761

 

65,618

Inventories, gross

 

172,762

 

176,068

Reserve for inventory excess and obsolescence

 

(28,672)

 

(25,900)

Inventories, net

$

144,090

$

150,168

For the fiscal years ended April 30, 2025, 2024 and 2023, the Company recorded inventory reserve charges of $2,882,000, $13,937,000 and $8,136,000, respectively.