10-Q Filing

AeroVironment Inc CIK: 1368622 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-001580`
Period End Date	20180131
Filing Date	20180307
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	avav-20180127.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 94 Cash Flow Statement 81 Comprehensive Income 24

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$291.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.36M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.29M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.90M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.28M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$119.97M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$109.54M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,360 at January 27, 2018 and $291 at April 30, 2017	`AccountsReceivableNetCurrent`	$74.36M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,360 at January 27, 2018 and $291 at April 30, 2017	`AccountsReceivableNetCurrent`	$25.69M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables and retentions	`UnbilledContractsReceivableAndRetentionsCurrent`	$24.96M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled receivables and retentions	`UnbilledContractsReceivableAndRetentionsCurrent`	$14.12M	USD	Point-in-time
Inventories, net	`InventoryNet`	$60.08M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$77.33M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.63M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$292.00K	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.14M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.63M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$354.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$355.25M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$38.82M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$42.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$14.84M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$15.09M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.01M	USD	Point-in-time
Total assets	`Assets`	$432.85M	USD	Point-in-time
Total assets	`Assets`	$432.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.25M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$15.09M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$12.97M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.42M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$3.56M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$3.32M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.65M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.55M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.59M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.72M	USD	Point-in-time
Capital lease obligations - net of current portion	`CapitalLeaseObligationsNoncurrent`	$161.00K	USD	Point-in-time
Capital lease obligations - net of current portion	`CapitalLeaseObligationsNoncurrent`	$7.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$184.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$184.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$67.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$116.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$64.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$64.00K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares10,000,000; none issued or outstanding at January 27, 2018 and April 30, 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares10,000,000; none issued or outstanding at January 27, 2018 and April 30, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares100,000,000 Issued and outstanding shares23,906,043 shares at January 27, 2018 and 23,630,419 at April 30, 2017	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares100,000,000 Issued and outstanding shares23,906,043 shares at January 27, 2018 and 23,630,419 at April 30, 2017	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$162.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$168.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$221.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$219.93M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$390.39M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$381.95M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$239.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$390.39M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$382.19M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$432.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$432.85M	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Product sales	`SalesRevenueGoodsNet`	$36.75M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$133.23M	USD	3 Qtrs
Product sales	`SalesRevenueGoodsNet`	$49.20M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$81.83M	USD	3 Qtrs
Contract services	`SalesRevenueServicesNet`	$48.30M	USD	3 Qtrs
Contract services	`SalesRevenueServicesNet`	$14.73M	USD	1 Quarter
Contract services	`SalesRevenueServicesNet`	$57.66M	USD	3 Qtrs
Contract services	`SalesRevenueServicesNet`	$16.42M	USD	1 Quarter
Total revenue	`Revenues`	$63.94M	USD	1 Quarter
Total revenue	`Revenues`	$181.53M	USD	3 Qtrs
Total revenue	`Revenues`	$53.16M	USD	1 Quarter
Total revenue	`Revenues`	$139.50M	USD	3 Qtrs
Product sales	`CostOfGoodsSold`	$86.14M	USD	3 Qtrs
Product sales	`CostOfGoodsSold`	$31.91M	USD	1 Quarter
Product sales	`CostOfGoodsSold`	$23.64M	USD	1 Quarter
Product sales	`CostOfGoodsSold`	$58.06M	USD	3 Qtrs
Contract services	`CostOfServices`	$32.17M	USD	3 Qtrs
Contract services	`CostOfServices`	$10.17M	USD	1 Quarter
Contract services	`CostOfServices`	$37.99M	USD	3 Qtrs
Contract services	`CostOfServices`	$11.44M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$43.35M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$118.31M	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$33.81M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$96.05M	USD	3 Qtrs
Product sales	`SalesGrossProfit`	$13.11M	USD	1 Quarter
Product sales	`SalesGrossProfit`	$23.77M	USD	3 Qtrs
Product sales	`SalesGrossProfit`	$17.29M	USD	1 Quarter
Product sales	`SalesGrossProfit`	$47.09M	USD	3 Qtrs
Contract services	`ServicesGrossProfit`	$16.13M	USD	3 Qtrs
Contract services	`ServicesGrossProfit`	$3.29M	USD	1 Quarter
Contract services	`ServicesGrossProfit`	$19.68M	USD	3 Qtrs
Contract services	`ServicesGrossProfit`	$6.25M	USD	1 Quarter
Total gross margin	`GrossProfit`	$19.35M	USD	1 Quarter
Total gross margin	`GrossProfit`	$63.22M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$20.59M	USD	1 Quarter
Total gross margin	`GrossProfit`	$43.45M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$41.30M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.79M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$39.84M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$21.05M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.99M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.11M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.31M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-1.43M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$874.00K	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-21.49M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-228.00K	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$1.16M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$390.00K	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$1.49M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$545.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-159.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-108.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-38.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-357.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.20M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.07M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.69M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$209.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$1.10M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$628.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-2.81M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$277.00K	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	1 Quarter
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-119.00K	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-8.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.51M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-837.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.18M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-18.00M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-238.00K	USD	3 Qtrs
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.75M	USD	3 Qtrs
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-18.00M	USD	3 Qtrs
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.18M	USD	1 Quarter
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-828.00K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.78	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.78	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.44M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.03M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.03M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.77M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.52M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Unrealized change in fair value on long-term investments recorded in other comprehensive income loss, net of tax expenses (benefit)	`AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss`	$-29.00K	USD	3 Qtrs
Unrealized change in fair value on long-term investments recorded in other comprehensive income loss, net of tax expenses (benefit)	`AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss`	$-6.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.51M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-837.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.18M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-18.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.19M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.61M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-119.00K	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-8.00K	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	$255.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.10M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$115.00K	USD	3 Qtrs
Impairment of intangible assets and goodwill	`GoodwillAndIntangibleAssetImpairment`	$1.02M	USD	3 Qtrs
(Gains) losses on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-272.00K	USD	3 Qtrs
(Gains) losses on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$36.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-698.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$175.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.90M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.74M	USD	3 Qtrs
Tax benefit from exercise of stock options	`DeferredTaxExpenseFromStockOptionsExercised`	$22.00K	USD	3 Qtrs
Loss on disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-37.00K	USD	3 Qtrs
Loss on disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-15.00K	USD	3 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.83M	USD	3 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.55M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-47.65M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$-4.08M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$10.84M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$17.25M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$31.32M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.49M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$292.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-472.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.19M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.17M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.68M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-153.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-4.51M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.12M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.42M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.45M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.59M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$1.86M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$163.81M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$93.21M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$122.98M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$151.74M	USD	3 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00K	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$400.00K	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$450.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.95M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.21M	USD	3 Qtrs
Principal payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$291.00K	USD	3 Qtrs
Principal payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$231.00K	USD	3 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$389.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.69M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$655.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$364.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.07M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-51.01M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$32.40M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$124.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$79.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$124.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$79.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.28M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$1.79M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.81M	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $29 and $6, respectively	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax`	$-42.00K	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $29 and $6, respectively	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax`	$-32.00K	USD	3 Qtrs
Reclassification from share-based liability compensation to equity	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid`	$307.00K	USD	3 Qtrs
Reclassification from share-based liability compensation to equity	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid`	$384.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$62.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$408.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$332.00K	USD	3 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain (loss) on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-23.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.51M	USD	3 Qtrs
Unrealized gain (loss) on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$6.00	USD	3 Qtrs
Unrealized gain (loss) on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-837.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.18M	USD	1 Quarter
Unrealized gain (loss) on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$29.00K	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-18.00M	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$62.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$62.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net of deferred tax expense (benefit) of $10 and $(23) for the three months ended January 27, 2018 and January 28, 2017, respectively; and net of deferred tax expense of $29 and $6 for the nine months ended January 27, 2018 and January 28, 2017, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$32.00K	USD	3 Qtrs
Unrealized gain (loss) on investments, net of deferred tax expense (benefit) of $10 and $(23) for the three months ended January 27, 2018 and January 28, 2017, respectively; and net of deferred tax expense of $29 and $6 for the nine months ended January 27, 2018 and January 28, 2017, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net of deferred tax expense (benefit) of $10 and $(23) for the three months ended January 27, 2018 and January 28, 2017, respectively; and net of deferred tax expense of $29 and $6 for the nine months ended January 27, 2018 and January 28, 2017, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$42.00K	USD	3 Qtrs
Unrealized gain (loss) on investments, net of deferred tax expense (benefit) of $10 and $(23) for the three months ended January 27, 2018 and January 28, 2017, respectively; and net of deferred tax expense of $29 and $6 for the nine months ended January 27, 2018 and January 28, 2017, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$13.00K	USD	1 Quarter
Total comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.61M	USD	3 Qtrs
Total comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.96M	USD	3 Qtrs
Total comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.19M	USD	1 Quarter
Total comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-762.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-238.00K	USD	3 Qtrs
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.85M	USD	3 Qtrs
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.96M	USD	3 Qtrs
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-753.00K	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.19M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.