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Inventory (Tables)
12 Months Ended
Apr. 30, 2022
Inventory Disclosure [Abstract]  
Summary of Inventories

The following table sets forth a summary of inventories stated at lower of cost or net realizable value, as of April 30, 2022 and 2021 (in thousands):

 

 

 

April 30, 2022

 

 

April 30, 2021

 

Finished goods

 

$

110,650

 

(a)

$

62,465

 

Finished parts

 

 

4,353

 

 

 

4,629

 

Work in process

 

 

194

 

 

 

445

 

Raw material

 

 

6,486

 

 

 

6,757

 

Total inventories

 

$

121,683

 

 

$

74,296

 

 

(a)
Finished goods inventory increased as a result of a planned inventory build in anticipation of new product introductions and additional strategic purchases to help mitigate price increases on materials and future supply chain disruptions. In addition, the increased freight, prices on materials, and new products with higher cost values have resulted in an increase of our average inventory unit values as of April 30, 2022, compared with April 30, 2021.