Inventories, net

6 Months Ended

Oct. 26, 2019

Inventories, net

Inventories, net

5. Inventories, net

Inventories consist of the following (in thousands):

	October 26,		April 30,
	2019		2019
Raw materials	$	16,695	$	16,792
Work in process		24,124		19,162
Finished goods		22,651		25,926
Inventories, gross		63,470		61,880
Reserve for inventory excess and obsolescence		(10,701)		(7,824)
Inventories, net	$	52,769	$	54,056

During the three months ended October 26, 2019, the Company recorded inventory reserve charges of approximately $2,600,000 to impair the remaining net book value of the Company’s Quantix commercial UAS solution. For the three and six months end October 26, 2019 the Company recorded inventory reserve charges of $2,612,000 and $3,190,000, respectively. For the three and six months end October 27, 2018 the Company recorded inventory impairment charges of $841,000 and $1,190,000, respectively.