10-Q Filing

AeroVironment Inc CIK: 1368622 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-018418`
Period End Date	20221031
Filing Date	20221207
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	avav-20221029x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 74 Cash Flow Statement 95 Stockholders Equity 52 Comprehensive Income 26

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$74.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$592.00K	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$2.23M	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`	$101.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$77.23M	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`	$24.72M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $74 at October 29, 2022 and $592 at April 30, 2022	`AccountsReceivableNetCurrent`	$60.17M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $74 at October 29, 2022 and $592 at April 30, 2022	`AccountsReceivableNetCurrent`	$31.66M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022)	`UnbilledReceivablesCurrent`	$104.19M	USD	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022)	`UnbilledReceivablesCurrent`	$92.46M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$90.63M	USD	Point-in-time
Inventories, net	`InventoryNet`	$109.81M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.94M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$442.00K	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
Common stock, Issued shares	`CommonStockSharesIssued`	25.16M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.24M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.53M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	24.95M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	24.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$368.91M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	25.16M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$357.53M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$15.43M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$22.46M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$26.77M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$25.58M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.29M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$97.22M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$88.66M	USD	Point-in-time
Goodwill	`Goodwill`	$334.96M	USD	Point-in-time
Goodwill	`Goodwill`	$334.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.97M	USD	Point-in-time
Total assets	`Assets`	$914.20M	USD	Point-in-time
Total assets	`Assets`	$891.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.32M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$25.40M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$25.05M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$8.97M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$7.07M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.82M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$26.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$759.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$103.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.39M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$155.62M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$177.84M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$20.04M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.91M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$768.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$748.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$1.45M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$1.45M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.48M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.63M	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 29, 2022 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at October 29, 2022 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares-25,157,618 shares at October 29, 2022 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$4.00K	USD	Point-in-time
Issued and outstanding shares-25,157,618 shares at October 29, 2022 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$283.79M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$267.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.48M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$332.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$347.23M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$607.97M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$607.48M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$241.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$598.32M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$914.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$891.68M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Related party revenue	`RevenueFromRelatedParties`	$20.69M	USD	2 Qtrs
Related party revenue	`RevenueFromRelatedParties`	$10.34M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$111.58M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$122.01M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$220.10M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$223.02M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$160.50M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$79.55M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$85.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$151.84M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$42.45M	USD	1 Quarter
Total gross margin	`GrossProfit`	$71.18M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$25.89M	USD	1 Quarter
Total gross margin	`GrossProfit`	$59.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.61M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$45.56M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.82M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$51.95M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$31.64M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$16.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$14.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.00M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$3.34M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-14.31M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-17.59M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-8.77M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.38M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.31M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.65M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.91M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$810.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-10.05M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$404.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-10.39M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.10M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.09M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.82M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.81M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-9.51M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-10.47M	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-7.85M	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-10.46M	USD	1 Quarter
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.77M	USD	2 Qtrs
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$1.13M	USD	1 Quarter
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-8.00K	USD	2 Qtrs
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.27M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-11.36M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$39.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$31.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$94.00K	USD	2 Qtrs
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.52M	USD	1 Quarter
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.06M	USD	2 Qtrs
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.46M	USD	2 Qtrs
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.67M	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment, Inc.-Basic	`EarningsPerShareBasic`	$-0.47	USD	2 Qtrs
Net (loss) income per share attributable to AeroVironment, Inc.-Basic	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment, Inc.-Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment, Inc.-Basic	`EarningsPerShareBasic`	$-0.61	USD	2 Qtrs
Net (loss) income per share attributable to AeroVironment, Inc.-Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment, Inc.-Diluted	`EarningsPerShareDiluted`	$-0.61	USD	2 Qtrs
Net (loss) income per share attributable to AeroVironment, Inc.-Diluted	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Net (loss) income per share attributable to AeroVironment, Inc.-Diluted	`EarningsPerShareDiluted`	$-0.47	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.63M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.85M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.89M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.63M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.90M	shares	1 Quarter

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Unrealized (gain) loss on available-for-sale investments, deferred tax benefit	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized (gain) loss on available-for-sale investments, deferred tax benefit	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net loss	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$2.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.02M	USD	2 Qtrs
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$-1.77M	USD	2 Qtrs
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$520.00K	USD	2 Qtrs
Loss on deconsolidation of previously controlled subsidiary	`LossOnDeconsolidationOfPreviouslyControlledSubsidiary`	$-189.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$258.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$422.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-35.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$19.00K	USD	2 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-157.00K	USD	2 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-565.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-3.36M	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-3.77M	USD	2 Qtrs
(Gain) loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$59.00K	USD	2 Qtrs
(Gain) loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-30.00K	USD	2 Qtrs
Unrealized gain on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$928.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-808.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-840.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.34M	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.04M	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-825.00K	USD	2 Qtrs
Amortization of debt securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-113.00K	USD	2 Qtrs
Amortization of debt securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-37.13M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.01M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$46.62M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$-11.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.07M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$23.84M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$10.67M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$8.54M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-272.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.59M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.82M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-8.66M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$3.64M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.34M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.93M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.59M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.15M	USD	2 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$6.25M	USD	2 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.77M	USD	2 Qtrs
Equity security investments	`PaymentsToAcquireEquitySecurityInvestments`	$5.10M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$5.11M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$46.15M	USD	2 Qtrs
Proceeds from deconsolidation of previously controlled subsidiary, net of cash deconsolidated	`ProceedsFromDeconsolidationOfPreviouslyControlledSubsidiaryNetOfCashDeconsolidated`	$635.00K	USD	2 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$30.53M	USD	2 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$25.95M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.33M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.42M	USD	2 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-5.00M	USD	2 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-22.50M	USD	2 Qtrs
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$5.99M	USD	2 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$11.78M	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.18M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$119.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$682.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-16.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.91M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.06M	USD	2 Qtrs
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-257.00K	USD	2 Qtrs
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-275.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-50.47M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.19M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$106.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$106.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$718.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.92M	USD	2 Qtrs
Interest	`InterestPaidNet`	$3.40M	USD	2 Qtrs
Interest	`InterestPaidNet`	$2.28M	USD	2 Qtrs
Unrealized (gain) loss on available-for-sale investments, net of deferred tax expense of $0 for the six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.00K	USD	2 Qtrs
Unrealized (gain) loss on available-for-sale investments, net of deferred tax expense of $0 for the six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$26.00K	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-1.99M	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-2.02M	USD	2 Qtrs
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$4.08M	USD	2 Qtrs
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$12.47M	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$415.00K	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$810.00K	USD	2 Qtrs

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$607.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$607.48M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$598.32M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.52M	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.06M	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.46M	USD	2 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.67M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$39.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$31.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$94.00K	USD	2 Qtrs
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-6.63M	USD	1 Quarter
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-11.36M	USD	2 Qtrs
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.56M	USD	1 Quarter
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-15.02M	USD	2 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00K	USD	2 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	2 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.99M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-2.02M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.28M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-928.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$682.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$119.00K	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$682.00K	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.18M	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$29.00K	USD	1 Quarter
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	2 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$12.31M	USD	1 Quarter
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$12.31M	USD	2 Qtrs
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	1 Quarter
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	2 Qtrs
Change in non-controlling interest	`MinorityInterestPeriodIncreaseDecrease`	$224.00K	USD	2 Qtrs
Change in non-controlling interest	`MinorityInterestPeriodIncreaseDecrease`	$224.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.34M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$420.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.19M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	2 Qtrs
Balance	`StockholdersEquity`	$607.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$607.48M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$598.32M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-6.63M	USD	1 Quarter
Unrealized (gain) loss on available-for-sale investments, deferred tax benefit	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized (gain) loss on available-for-sale investments, deferred tax benefit	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$2.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-11.36M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00K	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022 and October 30, 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-928.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.28M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.02M	USD	2 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.99M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.55M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-16.98M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-13.38M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.27M	USD	1 Quarter
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$94.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.00K	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-13.48M	USD	2 Qtrs
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$1.24M	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-7.59M	USD	1 Quarter
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-17.03M	USD	2 Qtrs

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