10-Q Filing

AeroVironment Inc CIK: 1368622 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-001981`
Period End Date	20200131
Filing Date	20200304
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	avav-20200125x10q780b63_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 96 Cash Flow Statement 89 Stockholders Equity 39 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`	$1.04M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$9.03M	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$28.85M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$131.50M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$150.49M	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`	$148.50M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,039 at January 25, 2020 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 $1,039 at January 25, 2020 and $1,041 at April 30, 2019	`AccountsReceivableNetCurrent`	$27.94M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $28,849 at January 25, 2020 and $9,028 at April 30, 2019)	`UnbilledReceivablesCurrent`	$53.05M	USD	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 $28,849 at January 25, 2020 and $9,028 at April 30, 2019)	`UnbilledReceivablesCurrent`	$77.41M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$54.06M	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
Inventories	`InventoryNet`	$65.16M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.83M	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
Income taxes receivable	`IncomeTaxesReceivable`	$821.00K	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	24.00M	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`	$457.33M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	24.00M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	23.95M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$26.41M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$9.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.88M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.47M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.30M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$6.68M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$14.36M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$459.00K	USD	Point-in-time
Goodwill	`Goodwill`	$6.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.00M	USD	Point-in-time
Total assets	`Assets`	$559.08M	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`	$14.27M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$17.64M	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`	$10.63M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.08M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.42M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.48M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$1.17M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.56M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$150.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$250.00K	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 January 25, 2020 and April 30, 2019	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at January 25, 2020 and April 30, 2019	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares-23,995,109 shares at January 25, 2020 and 23,946,293 shares at April 30, 2019	`CommonStockValue`	$2.00K	USD	Point-in-time
Issued and outstanding shares-23,995,109 shares at January 25, 2020 and 23,946,293 shares at April 30, 2019	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$176.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$180.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$69.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$286.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$310.62M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$462.57M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$490.74M	USD	Point-in-time
Total AeroVironment stockholders' equity	`StockholdersEquity`	$444.18M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-23.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.36M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$455.55M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$462.57M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.72M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$508.84M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$559.08M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Revenue from Related Parties	`RevenueFromRelatedParties`	$13.59M	USD	1 Quarter
Revenue from Related Parties	`RevenueFromRelatedParties`	$37.98M	USD	3 Qtrs
Revenue from Related Parties	`RevenueFromRelatedParties`	$11.76M	USD	1 Quarter
Revenue from Related Parties	`RevenueFromRelatedParties`	$37.49M	USD	3 Qtrs
Tax expense	`DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal`	$2.46M	USD	3 Qtrs
Total revenue	`Revenues`	$232.07M	USD	3 Qtrs
Total revenue	`Revenues`	$75.32M	USD	1 Quarter
Total revenue	`Revenues`	$226.34M	USD	3 Qtrs
Total revenue	`Revenues`	$61.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$38.40M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$44.93M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$134.96M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$132.14M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$99.93M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$30.39M	USD	1 Quarter
Total gross margin	`GrossProfit`	$23.50M	USD	1 Quarter
Total gross margin	`GrossProfit`	$91.38M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.46M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$40.07M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.22M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.15M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$30.95M	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`	$11.38M	USD	1 Quarter
(Loss) income from continuing operations	`OperatingIncomeLoss`	$-1.11M	USD	1 Quarter
(Loss) income from continuing operations	`OperatingIncomeLoss`	$25.84M	USD	3 Qtrs
(Loss) income from continuing operations	`OperatingIncomeLoss`	$7.84M	USD	1 Quarter
(Loss) income from continuing operations	`OperatingIncomeLoss`	$28.68M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.12M	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$3.72M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$3.25M	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.27M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$632.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$10.64M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$120.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$962.00K	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.07M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$134.00K	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.19M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.57M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-38.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$946.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$3.20M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$4.72M	USD	3 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-717.00K	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-1.20M	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-3.41M	USD	3 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestments`	$-2.07M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.03M	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
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$23.58M	USD	3 Qtrs
Gain on sale of business, net of tax expense of $2,463	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$8.45M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-62.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-2.51M	USD	3 Qtrs
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-62.00K	USD	1 Quarter
Net (loss) income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$5.94M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-1.03M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$8.35M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$23.58M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-40.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-27.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-19.00K	USD	1 Quarter
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.60M	USD	3 Qtrs
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.01M	USD	1 Quarter
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.37M	USD	1 Quarter
Net (loss) income attributable to AeroVironment	`NetIncomeLossAvailableToCommonStockholdersBasic`	$41.76M	USD	3 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.52	USD	3 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.35	USD	1 Quarter
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.99	USD	3 Qtrs
Basic, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	1 Quarter
Basic, discontinuing (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.25	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share)	`EarningsPerShareBasic`	$0.99	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share)	`EarningsPerShareBasic`	$1.77	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Diluted, continuing (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	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`	$0.98	USD	3 Qtrs
Diluted, discontinued (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.25	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Diluted	`EarningsPerShareDiluted`	$0.98	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment-Diluted	`EarningsPerShareDiluted`	$1.74	USD	3 Qtrs
Net (loss) income per share attributable to AeroVironment-Diluted	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.82M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.64M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.79M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.82M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.08M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	3 Qtrs

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Unrealized change in fair value of investments recorded in other comprehensive income (loss), net of deferred taxes	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$51.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$-1.03M	USD	1 Quarter
Net income	`ProfitLoss`	$8.35M	USD	1 Quarter
Net income	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.58M	USD	3 Qtrs
Gain on sale of business, net of tax	`DiscontinuedOperationsGainOnSaleOfBusinessNetOfTax`	$8.45M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`DiscontinuedOperationsLossFromDiscontinuedOperationsNetOfTax`	$2.51M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.03M	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
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$23.58M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.11M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.53M	USD	3 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-717.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-1.20M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-3.41M	USD	3 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.07M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-33.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-2.00K	USD	3 Qtrs
Other non-cash gain, net	`OtherNoncashIncomeExpense`	$719.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-3.45M	USD	3 Qtrs
Gains on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$10.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-1.21M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$-946.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$5.60M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.75M	USD	3 Qtrs
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$71.00K	USD	3 Qtrs
(Gain) loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-51.00K	USD	3 Qtrs
Amortization of debt securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.29M	USD	3 Qtrs
Amortization of debt securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$941.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.82M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$34.76M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$24.36M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.77M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$12.95M	USD	3 Qtrs
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-821.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.79M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-216.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.64M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.30M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$7.95M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.60M	USD	3 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.07M	USD	3 Qtrs
Net cash provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$6.90M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.50M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.81M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$9.55M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$18.64M	USD	3 Qtrs
Proceeds from sale of business	`ProceedsFromDivestitureOfBusinesses`	$31.99M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$81.00K	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$166.92M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$191.46M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$162.52M	USD	3 Qtrs
Purchases of held-to-maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$211.12M	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$41.15M	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.25M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$59.30M	USD	3 Qtrs
Net cash (used in) provided by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$7.77M	USD	3 Qtrs
Net cash (used in) provided by investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-50.36M	USD	3 Qtrs
Principal payments of capital lease obligations	`FinanceLeasePrincipalPayments`	$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`	$1.01M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$71.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$93.00K	USD	3 Qtrs
Net cash used in financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$-1.12M	USD	3 Qtrs
Net cash used in financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivities`	$-916.00K	USD	3 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	3 Qtrs
Operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-7.25M	USD	3 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-452.00K	USD	3 Qtrs
Investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	3 Qtrs
Net cash used in discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-7.70M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.85M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.21M	USD	3 Qtrs
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`	$136.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$149.37M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning 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`	$136.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$149.37M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$172.71M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$518.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$6.78M	USD	3 Qtrs
Unrealized gain on investments, net of deferred tax expense of $51	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-57.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$67.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-32.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$263.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquiredIncludedInAccountsPayable`	$58.00K	USD	3 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$462.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$490.74M	USD	Point-in-time
Balance	`StockholdersEquity`	$444.18M	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`	$455.55M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	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`	$490.72M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-1.03M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$8.35M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$23.58M	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$8.35M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$23.58M	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.03M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$41.72M	USD	3 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$57.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-32.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$67.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-112.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$71.00K	USD	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$93.00K	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$266.00K	USD	1 Quarter
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.03M	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$58.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.08M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.77M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.75M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.71M	USD	3 Qtrs
Balance	`StockholdersEquity`	$462.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$490.74M	USD	Point-in-time
Balance	`StockholdersEquity`	$444.18M	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`	$455.55M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$409.06M	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`	$490.72M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-1.03M	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$51.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$8.35M	USD	1 Quarter
Net income	`ProfitLoss`	$41.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.58M	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-32.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$67.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-112.00K	USD	1 Quarter
Unrealized gain on investments, net of deferred tax expense of $51	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$57.00K	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.14M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.64M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.35M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$41.74M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-20.00K	USD	1 Quarter
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-27.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-40.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-19.00K	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$23.67M	USD	3 Qtrs
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$41.78M	USD	3 Qtrs
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$8.37M	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment	`ComprehensiveIncomeNetOfTax`	$-1.12M	USD	1 Quarter

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