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Inventories, net
 12 Months Ended
Apr. 30, 2016
Inventories, net  
Inventories, net

4.           Inventories, net

 

Inventories consist of the following:

 

 

 

 

 

 

 

 

 

 

 

April 30,

 

 

 

2016

    

2015

 

 

 

(In thousands)

 

Raw materials

 

$
11,609

 

$
13,325

 

Work in process

 

 
4,259

 

 
5,140

 

Finished goods

 

 
26,073

 

 
25,537

 

Inventories, gross

 

 
41,941

 

 
44,002

 

Reserve for inventory excess and obsolescence

 

 
(4,455)

 

 
(4,588)

 

Inventories, net

 

$
37,486

 

$
39,414

 

 

Inventory held at third parties as of April 30, 2016 and 2015 was $5,329,000 and $6,840,000, respectively.