Note 6. Selected Financial Statement Data

Inventories consisted of the following:



	April 29, 2017		April 30, 2016
Raw materials	$	24,801	$	28,184
Work-in-process	7,366		6,158
Finished goods	34,319		35,485
	$	66,486	$	69,827

Inventories are reported net of the allowance for excess and obsolete inventory of $4,967 and $4,975 as of April 29, 2017 and April 30, 2016, respectively.

Property and equipment consisted of the following:



	April 29, 2017		April 30, 2016
Land	$	2,099	$	2,155
Buildings	65,935		65,247
Machinery and equipment	84,189		82,973
Office furniture and equipment	5,604		14,746
Computer software and hardware	51,523		48,917
Equipment held for rental	374		374
Demonstration equipment	7,109		8,026
Transportation equipment	7,108		6,596
	223,941		229,034
Less accumulated depreciation	157,192		155,871
	$	66,749	$	73,163

Our depreciation expense was $16,732, $16,561, and $14,764 for the fiscal years 2017, 2016, and 2015, respectively.

In the fiscal years 2017, 2016, and 2015, the pretax impairment charges for property and equipment were immaterial. The impairment charges were related to equipment obsoleted due to technology improvements or to custom demo equipment with no resale value. These impairment charges were included primarily in product development and selling expense in the consolidated statements of operations.

Accrued expenses consisted of the following:



	April 29, 2017		April 30, 2016
Compensation	$	12,732	$	12,065
Taxes, other than income taxes	3,878		3,969
Other	8,423		7,498
	$	25,033	$	23,532

Other (expense) income, net consisted of the following:



	Year Ended
	April 29, 2017			April 30, 2016			May 2, 2015
Foreign currency transaction losses	$	(331	)	$	(326	)	$	(514	)
Equity in losses of affiliates	(136		)	—			—
Other	113			198			16
	$	(354	)	$	(128	)	$	(498	)