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INVENTORIES, NET
3 Months Ended
Jul. 31, 2022
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

NOTE E – INVENTORIES, NET

 

Inventories, which are reported at the lower of cost and net realizable value, consisted of the following:

 

   

July 31, 2022

   

April 30, 2022

 
   

(in thousands)

 

Raw Materials and Component Parts

  $ 11,722     $ 11,683  

Work in Progress

    7,739       7,746  

Finished Goods

    291       477  
    $ 19,752     $ 19,906  

 

Inventory reserves included in inventory were $7.7 million and $7.5 million as of July 31, 2022 and April 30, 2022, respectively. Reserve amounts relate to raw materials and component parts and work in progress.