10-Q Filing

AeroVironment Inc CIK: 1368622 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-011303`
Period End Date	20191031
Filing Date	20191204
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	avav-20191026x10qabdf66_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 100 Cash Flow Statement 90 Stockholders Equity 45 Comprehensive Income 22

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.04M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.05M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$9.03M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$21.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.74M	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`	$172.71M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$161.63M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$150.49M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,055 at October 26, 2019 and $1,041 at April 30, 2019	`AccountsReceivableNetCurrent`	$31.05M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,055 at October 26, 2019 and $1,041 at April 30, 2019	`AccountsReceivableNetCurrent`	$40.56M	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
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $21,717 at October 26, 2019 and $9,028 at April 30, 2019)	`UnbilledReceivablesCurrent`	$53.05M	USD	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $21,717 at October 26, 2019 and $9,028 at April 30, 2019)	`UnbilledReceivablesCurrent`	$62.40M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$52.77M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$54.06M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.42M	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
Income taxes receivable	`IncomeTaxesReceivable`	$821.00K	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.99M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	23.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$469.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$456.15M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.99M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.95M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$13.48M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$9.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.57M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.91M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$6.68M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.02M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$459.00K	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$15.95M	USD	Point-in-time
Goodwill	`Goodwill`	$8.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.34M	USD	Point-in-time
Total assets	`Assets`	$544.49M	USD	Point-in-time
Total assets	`Assets`	$508.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.02M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$13.22M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$18.51M	USD	Point-in-time
Customer advances	`DeferredIncomeCurrent`	$2.96M	USD	Point-in-time
Customer advances	`DeferredIncomeCurrent`	$2.55M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.29M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.14M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.87M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.17M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$6.84M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.42M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$150.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$29.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$29.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$51.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$51.00K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at October 26, 2019 and April 30, 2019	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at October 26, 2019 and April 30, 2019	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares-23,990,616 shares at October 26, 2019 and 23,946,293 shares at April 30, 2019	`CommonStockValue`	$2.00K	USD	Point-in-time
Issued and outstanding shares-23,990,616 shares at October 26, 2019 and 23,946,293 shares at April 30, 2019	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$178.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$176.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$181.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$286.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$311.63M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$462.57M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$490.36M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-3.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$481.50M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.36M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$444.18M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$462.57M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$508.84M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$544.49M	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenue from Related Parties	`RevenueFromRelatedParties`	$13.39M	USD	1 Quarter
Revenue from Related Parties	`RevenueFromRelatedParties`	$24.39M	USD	2 Qtrs
Revenue from Related Parties	`RevenueFromRelatedParties`	$25.73M	USD	2 Qtrs
Revenue from Related Parties	`RevenueFromRelatedParties`	$12.83M	USD	1 Quarter
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	$-114.00K	USD	1 Quarter
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	$2.46M	USD	2 Qtrs
Total revenue	`Revenues`	$72.98M	USD	1 Quarter
Total revenue	`Revenues`	$83.27M	USD	1 Quarter
Total revenue	`Revenues`	$170.18M	USD	2 Qtrs
Total revenue	`Revenues`	$151.02M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$93.74M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$44.58M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$90.03M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$48.10M	USD	1 Quarter
Total gross margin	`GrossProfit`	$28.40M	USD	1 Quarter
Total gross margin	`GrossProfit`	$60.99M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$76.44M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$35.17M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$16.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$29.92M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.65M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$8.11M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$19.57M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$10.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$14.54M	USD	2 Qtrs
Income from continuing operations	`OperatingIncomeLoss`	$20.84M	USD	2 Qtrs
Income from continuing operations	`OperatingIncomeLoss`	$8.05M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$6.64M	USD	1 Quarter
Income from continuing operations	`OperatingIncomeLoss`	$26.95M	USD	2 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$2.60M	USD	2 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.97M	USD	2 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.07M	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$1.27M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.29M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$512.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$157.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.68M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.00M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$32.49M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.05M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.24M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.78M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.11M	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-752.00K	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-863.00K	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-2.21M	USD	2 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$24.60M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.04M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$27.36M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.50M	USD	1 Quarter
(Loss) gain on sale of business, net of tax (benefit) expense of $(114) and $2,463 for the three and six months ended October 27, 2018, respectively	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$-391.00K	USD	1 Quarter
(Loss) gain on sale of business, net of tax (benefit) expense of $(114) and $2,463 for the three and six months ended October 27, 2018, respectively	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.45M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-599.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-2.45M	USD	2 Qtrs
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$6.00M	USD	2 Qtrs
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-990.00K	USD	1 Quarter
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.50M	USD	1 Quarter
Net income	`ProfitLoss`	$6.05M	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-7.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-7.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-21.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$4.00K	USD	1 Quarter
Net income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.50M	USD	1 Quarter
Net income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.06M	USD	1 Quarter
Net income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$24.61M	USD	2 Qtrs
Net income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$33.39M	USD	2 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.16	USD	2 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.30	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.32	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.04	USD	2 Qtrs
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.04	USD	1 Quarter
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.25	USD	2 Qtrs
Net income per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	2 Qtrs
Net income per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	2 Qtrs
Net income per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Net income per share attributable to AeroVironment - Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.31	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.29	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.14	USD	2 Qtrs
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.02	USD	2 Qtrs
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.04	USD	1 Quarter
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.25	USD	2 Qtrs
Net income per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.02	USD	2 Qtrs
Net income per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	2 Qtrs
Net income per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Net income per share attributable to AeroVironment - Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.78M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.62M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	2 Qtrs

Cash Flow Statement 90 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	2 Qtrs
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.50M	USD	1 Quarter
Net income	`ProfitLoss`	$6.05M	USD	1 Quarter
Gain on sale of business, net of tax	`DiscontinuedOperationsGainOnSaleOfBusinessNetOfTax`	$8.45M	USD	2 Qtrs
Loss from discontinued operations	`DiscontinuedOperationsLossFromDiscontinuedOperationsNetOfTax`	$2.45M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$24.60M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.04M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$27.36M	USD	2 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.49M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.58M	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-752.00K	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-863.00K	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-2.21M	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-27.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$14.00K	USD	2 Qtrs
Other non-cash expense	`OtherNoncashIncomeExpense`	$-81.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-2.25M	USD	2 Qtrs
Losses (gains) on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.00K	USD	2 Qtrs
Losses (gains) on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$13.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-669.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-614.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.98M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.52M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$75.00K	USD	2 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$459.00K	USD	2 Qtrs
Amortization of held-to-maturity investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$984.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.26M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$9.35M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$28.78M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.62M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.67M	USD	2 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-821.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$831.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.05M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.05M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.84M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-4.58M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-6.18M	USD	2 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.92M	USD	2 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.66M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.13M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.85M	USD	2 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$4.57M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$18.64M	USD	2 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$31.99M	USD	2 Qtrs
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$81.00K	USD	2 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$153.03M	USD	2 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$159.84M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$169.15M	USD	2 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$169.40M	USD	2 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.25M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.95M	USD	2 Qtrs
Net cash (used in) provided by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-44.23M	USD	2 Qtrs
Net cash (used in) provided by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$13.74M	USD	2 Qtrs
Principal payments of capital lease obligations	`FinanceLeasePrincipalPayments`	$111.00K	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$743.00K	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$975.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$71.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$93.00K	USD	2 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.01M	USD	2 Qtrs
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-650.00K	USD	2 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-7.19M	USD	2 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-452.00K	USD	2 Qtrs
Financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	2 Qtrs
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-7.64M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.74M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.97M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$172.71M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$143.52M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$151.25M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$135.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$172.71M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$143.52M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$151.25M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$135.74M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$518.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$5.27M	USD	2 Qtrs
Unrealized gain on investments, net of deferred tax expense of $51 for the six months ended October 27, 2018	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-57.00K	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-31.00K	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$179.00K	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$761.00K	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$753.00K	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$462.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$490.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$481.50M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.06M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$444.18M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$462.57M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	USD	Point-in-time
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Net income	`ProfitLoss`	$24.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.50M	USD	1 Quarter
Net income	`ProfitLoss`	$6.05M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$33.37M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$6.05M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$7.50M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$24.60M	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-7.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-7.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-21.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$4.00K	USD	1 Quarter
Adoption of ASU	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$665.00K	USD	Point-in-time
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$57.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$179.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-31.00K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$71.00K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$93.00K	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$975.00K	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$743.00K	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$156.00K	USD	1 Quarter
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$75.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.98M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.63M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.42M	USD	1 Quarter
Balance	`StockholdersEquity`	$462.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$490.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$481.50M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.06M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$444.18M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$462.57M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$33.37M	USD	2 Qtrs
Unrealized gain on investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$51.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$24.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.50M	USD	1 Quarter
Net income	`ProfitLoss`	$6.05M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$10.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$179.00K	USD	2 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-31.00K	USD	2 Qtrs
Unrealized gain on investments, net of deferred tax expense of $51 for the six months ended October 27, 2018	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$57.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.04M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.39M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.78M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.51M	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-21.00K	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.00K	USD	1 Quarter
Comprehensive income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$33.41M	USD	2 Qtrs
Comprehensive income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$6.05M	USD	1 Quarter
Comprehensive income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$24.79M	USD	2 Qtrs
Comprehensive income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$7.51M	USD	1 Quarter

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