v3.26.1
Inventories, net
12 Months Ended
Apr. 30, 2026
Inventories, net  
Inventories, net

4.           Inventories, net

Inventories consist of the following (in thousands):

April 30,

 

2026

  ​ ​ ​

2025

 

(In thousands)

 

Raw materials

$

156,200

$

52,567

Work in process

 

73,289

 

73,434

Finished goods

 

119,957

 

46,761

Inventories, gross

 

349,446

 

172,762

Reserve for inventory excess and obsolescence

 

(36,590)

 

(28,672)

Inventories, net

$

312,856

$

144,090

For the fiscal years ended April 30, 2026, 2025 and 2024, the Company recorded inventory reserve charges of $8,460,000, $2,882,000 and $13,937,000, respectively.