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Inventories, net
 12 Months Ended
Apr. 30, 2017
Inventories, net  
Inventories, net

4.           Inventories, net

 

Inventories consist of the following:

 

 

 

 

 

 

 

 

 

 

 

April 30,

 

 

 

2017

    

2016

 

 

 

(In thousands)

 

Raw materials

 

$

18,365

 

$

11,609

 

Work in process

 

 

16,168

 

 

4,259

 

Finished goods

 

 

30,793

 

 

26,073

 

Inventories, gross

 

 

65,326

 

 

41,941

 

Reserve for inventory excess and obsolescence

 

 

(5,250)

 

 

(4,455)

 

Inventories, net

 

$

60,076

 

$

37,486

 

 

Inventory held at third parties as of April 30, 2017 and 2016 was $4,039,000 and $5,329,000, respectively.