10-Q Filing

AeroVironment Inc CIK: 1368622 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-001518`
Period End Date	20190131
Filing Date	20190306
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	avav-20190126.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 107 Cash Flow Statement 95 Comprehensive Income 27

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.08M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.05M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$3.15M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$13.64M	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`	$79.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.37M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$144.81M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$113.65M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,046 at January 26, 2019 and $1,080 at April 30, 2018	`AccountsReceivableNetCurrent`	$34.06M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,046 at January 26, 2019 and $1,080 at April 30, 2018	`AccountsReceivableNetCurrent`	$56.81M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	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
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $13,638 at January 26, 2019 and $3,145 at April 30, 2018)	`UnbilledReceivablesCurrent`	$51.63M	USD	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $13,638 at January 26, 2019 and $3,145 at April 30, 2018)	`UnbilledReceivablesCurrent`	$16.87M	USD	Point-in-time
Inventories, net	`InventoryNet`	$50.38M	USD	Point-in-time
Inventories, net	`InventoryNet`	$37.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.62M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.93M	shares	Point-in-time
Current assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$25.67M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.91M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.91M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$399.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$436.88M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.93M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$27.95M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$40.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.54M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$11.49M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$12.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$884.00K	USD	Point-in-time
Total assets	`Assets`	$473.42M	USD	Point-in-time
Total assets	`Assets`	$498.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.63M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$14.36M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$16.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.86M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.08M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$3.56M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$2.88M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.06M	USD	Point-in-time
Current liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$9.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$62.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.79M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.54M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.35M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$160.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$622.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$67.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$67.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$49.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$49.00K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Authorized shares10,000,000; none issued or outstanding at January 26, 2019 and April 30, 2018	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares10,000,000; none issued or outstanding at January 26, 2019 and April 30, 2018	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares23,932,460 shares at January 26, 2019 and 23,908,736 at April 30, 2018	`CommonStockValue`	$2.00K	USD	Point-in-time
Issued and outstanding shares23,932,460 shares at January 26, 2019 and 23,908,736 at April 30, 2018	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$174.89M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$170.14M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$280.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$238.91M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$409.03M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$455.57M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-17.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$23.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$455.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$473.42M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$498.96M	USD	Point-in-time

Income Statement 107 line items

Line Item	Tag	Value	Unit	Period
Revenue from Related Parties	`RevenueFromRelatedParties`	$15.04M	USD	3 Qtrs
Revenue from Related Parties	`RevenueFromRelatedParties`	$37.98M	USD	3 Qtrs
Revenue from Related Parties	`RevenueFromRelatedParties`	$5.42M	USD	1 Quarter
Revenue from Related Parties	`RevenueFromRelatedParties`	$13.59M	USD	1 Quarter
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	$9.00K	USD	3 Qtrs
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	$2.46M	USD	1 Quarter
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	-	USD	1 Quarter
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	-	USD	3 Qtrs
Total revenue	`Revenues`	$75.32M	USD	1 Quarter
Total revenue	`Revenues`	$54.63M	USD	1 Quarter
Total revenue	`Revenues`	$226.34M	USD	3 Qtrs
Total revenue	`Revenues`	$154.79M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$134.96M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$44.93M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$36.38M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$97.70M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$30.39M	USD	1 Quarter
Total gross margin	`GrossProfit`	$57.09M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$91.38M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$18.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.46M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$11.48M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.07M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$22.63M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$8.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$18.99M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$6.61M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$2.56M	USD	3 Qtrs
Income from continuing operations	`OperatingIncomeLoss`	$159.00K	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$7.84M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$28.68M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.27M	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$3.25M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.49M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$545.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-159.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.64M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$962.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-108.00K	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.89M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.57M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$596.00K	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.07M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$834.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$946.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.72M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$971.00K	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-717.00K	USD	1 Quarter
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-2.07M	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	3 Qtrs
Equity method investment activity, net of tax	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.50M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-656.00K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$35.77M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$8.41M	USD	1 Quarter
Gain on sale of business, net of tax (benefit) expense of $0 and $2,463 for the three and nine months ended January 26, 2019, respectively	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.45M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-129.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-2.51M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-1.65M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-62.00K	USD	1 Quarter
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-1.65M	USD	3 Qtrs
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$5.94M	USD	3 Qtrs
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-62.00K	USD	1 Quarter
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-129.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-785.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$850.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$8.35M	USD	1 Quarter
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$9.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$19.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$40.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$238.00K	USD	3 Qtrs
Net income (loss) attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$41.76M	USD	3 Qtrs
Net income (loss) attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-776.00K	USD	1 Quarter
Net income (loss) attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.09M	USD	3 Qtrs
Net income (loss) attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.37M	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.35	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.52	USD	3 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.12	USD	3 Qtrs
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.25	USD	3 Qtrs
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.01	USD	1 Quarter
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.07	USD	3 Qtrs
Net income (loss) per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.77	USD	3 Qtrs
Net income (loss) per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Net income (loss) per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Net income (loss) per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	3 Qtrs
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.02	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.35	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.49	USD	3 Qtrs
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.12	USD	3 Qtrs
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.01	USD	1 Quarter
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.25	USD	3 Qtrs
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.07	USD	3 Qtrs
Net income (loss) per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.74	USD	3 Qtrs
Net income (loss) per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Net income (loss) per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	3 Qtrs
Net income (loss) per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.64M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.44M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.77M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.52M	shares	1 Quarter

Cash Flow Statement 95 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)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$51.00K	USD	3 Qtrs
Unrealized change in fair value on long-term investments recorded in other comprehensive income loss, net of tax expenses (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$29.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$-785.00K	USD	1 Quarter
Net income	`ProfitLoss`	$850.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$8.35M	USD	1 Quarter
Gain on sale of business, net of tax expense	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.45M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-129.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-2.51M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-1.65M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-62.00K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.50M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-656.00K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$35.77M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$8.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.53M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.28M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-717.00K	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-2.07M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-418.00K	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	$255.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-33.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$940.00K	USD	3 Qtrs
Impairment of intangible assets and goodwill	`GoodwillAndIntangibleAssetImpairment`	$1.02M	USD	3 Qtrs
Gains on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$10.00K	USD	3 Qtrs
Gains on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$36.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$174.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-1.21M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.60M	USD	3 Qtrs
Loss on disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-51.00K	USD	3 Qtrs
Loss on disposition of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-15.00K	USD	3 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$941.00K	USD	3 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-48.87M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.82M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$12.07M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$34.76M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$12.95M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$15.31M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$720.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.79M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-417.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.45M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.64M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.60M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$575.00K	USD	3 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$6.90M	USD	3 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$31.83M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.81M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.71M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$1.86M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$31.99M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$191.46M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$163.81M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$151.74M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$211.12M	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$2.25M	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$450.00K	USD	3 Qtrs
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$2.95M	USD	3 Qtrs
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$7.77M	USD	3 Qtrs
Principal payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$231.00K	USD	3 Qtrs
Principal payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$154.00K	USD	3 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.03M	USD	3 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$389.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$71.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.69M	USD	3 Qtrs
Net cash (used in) provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$2.07M	USD	3 Qtrs
Net cash (used in) provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$-1.12M	USD	3 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-3.72M	USD	3 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-7.25M	USD	3 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-737.00K	USD	3 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-452.00K	USD	3 Qtrs
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-7.70M	USD	3 Qtrs
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-4.45M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$32.40M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.85M	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`	$79.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$143.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$149.37M	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`	$79.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$143.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$149.37M	USD	Point-in-time
Income tax refund	`ProceedsFromIncomeTaxRefunds`	$1.81M	USD	3 Qtrs
Income tax refund	`ProceedsFromIncomeTaxRefunds`	$6.78M	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $51 and $19, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-57.00K	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $51 and $19, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-42.00K	USD	3 Qtrs
Reclassification from share-based liability compensation to equity	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid`	$384.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-32.00K	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`	$58.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$332.00K	USD	3 Qtrs

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$51.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$41.72M	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$29.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-785.00K	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$850.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$8.35M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$62.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-32.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$62.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense of $0 and $10 for the three months ended January 26, 2019 and January 27, 2018, respectively; and net of deferred tax expense of $51 and $29 for the nine months ended January 26, 2019 and January 27, 2018, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$42.00K	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $0 and $10 for the three months ended January 26, 2019 and January 27, 2018, respectively; and net of deferred tax expense of $51 and $29 for the nine months ended January 26, 2019 and January 27, 2018, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$13.00K	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense of $0 and $10 for the three months ended January 26, 2019 and January 27, 2018, respectively; and net of deferred tax expense of $51 and $29 for the nine months ended January 26, 2019 and January 27, 2018, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$57.00K	USD	3 Qtrs
Total comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.35M	USD	1 Quarter
Total comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$41.74M	USD	3 Qtrs
Total comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$954.00K	USD	3 Qtrs
Total comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-710.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-40.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-238.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-19.00K	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.37M	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.78M	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-701.00K	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.19M	USD	3 Qtrs

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