10-Q Filing

AeroVironment Inc CIK: 1368622 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-002924`
Period End Date	20230131
Filing Date	20230306
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	avav-20230128x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 71 Cash Flow Statement 99 Stockholders Equity 48 Comprehensive Income 26

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$61.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$78.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$77.23M	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
Short-term investments	`ShortTermInvestments`	$24.72M	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
Accounts receivable, net of allowance for doubtful accounts of $61 at January 28, 2023 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 $61 at January 28, 2023 and $592 at April 30, 2022	`AccountsReceivableNetCurrent`	$52.87M	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 $2,229 at April 30, 2022)	`UnbilledReceivablesCurrent`	$109.29M	USD	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
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$125.94M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$442.00K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$9.18M	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`	25.26M	shares	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$390.88M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	25.26M	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
Long-term investments	`LongTermInvestments`	$19.32M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$15.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$45.39M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$26.77M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$28.34M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.54M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.29M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$83.44M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$97.22M	USD	Point-in-time
Goodwill	`Goodwill`	$336.56M	USD	Point-in-time
Goodwill	`Goodwill`	$334.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.74M	USD	Point-in-time
Total assets	`Assets`	$914.20M	USD	Point-in-time
Total assets	`Assets`	$921.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.42M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$25.40M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$27.14M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$8.97M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$22.55M	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`	$7.79M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$759.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$26.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$22.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.39M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$155.76M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$177.84M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$22.63M	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`	$742.00K	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`	$2.63M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.71M	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 28, 2023 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at January 28, 2023 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares-25,264,025 shares at January 28, 2023 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$4.00K	USD	Point-in-time
Issued and outstanding shares-25,264,025 shares at January 28, 2023 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$267.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$295.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$347.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$331.49M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$607.97M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$621.51M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$241.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$602.72M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$921.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$914.20M	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Related party revenue	`RevenueFromRelatedParties`	$9.54M	USD	1 Quarter
Related party revenue	`RevenueFromRelatedParties`	$30.24M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$313.11M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$134.40M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$90.09M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$354.50M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$220.50M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$88.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$249.38M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$68.66M	USD	1 Quarter
Total gross margin	`GrossProfit`	$92.61M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$21.44M	USD	1 Quarter
Total gross margin	`GrossProfit`	$45.51M	USD	1 Quarter
Total gross margin	`GrossProfit`	$105.11M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$22.55M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.30M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$74.50M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$47.79M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$41.02M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.16M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-22.90M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$4.61M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-12.98M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-14.13M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.51M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-6.72M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.81M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.16M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.59M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.18M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-10.36M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$34.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-790.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.89M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.42M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.60M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-8.38M	USD	3 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-531.00K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-25.86M	USD	3 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-15.40M	USD	1 Quarter
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-2.19M	USD	3 Qtrs
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$163.00K	USD	3 Qtrs
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$171.00K	USD	1 Quarter
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-417.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.40M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-35.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$49.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-45.00K	USD	1 Quarter
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-676.00K	USD	1 Quarter
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.00K	USD	1 Quarter
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.45M	USD	3 Qtrs
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.74M	USD	3 Qtrs
Net loss per share attributable to AeroVironment, Inc.-Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.46	USD	3 Qtrs
Net loss per share attributable to AeroVironment, Inc.-Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	3 Qtrs
Net loss per share attributable to AeroVironment, Inc.-Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Net loss per share attributable to AeroVironment, Inc.-Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.63	USD	3 Qtrs
Net loss per share attributable to AeroVironment, Inc.-Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Net loss per share attributable to AeroVironment, Inc.-Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.46	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.91M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.01M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.66M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.91M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.66M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.88M	shares	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	1 Quarter
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-11.40M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-35.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$48.11M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.44M	USD	3 Qtrs
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$-2.19M	USD	3 Qtrs
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$799.00K	USD	3 Qtrs
Loss on deconsolidation of previously controlled subsidiary	`LossOnDeconsolidationOfPreviouslyControlledSubsidiary`	$-189.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$386.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$634.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-20.00K	USD	3 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-440.00K	USD	3 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-935.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-5.03M	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-5.87M	USD	3 Qtrs
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-38.00K	USD	3 Qtrs
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-34.00K	USD	3 Qtrs
Unrealized loss on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$-1.80M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.25M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.20M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.96M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.11M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.06M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.19M	USD	3 Qtrs
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-117.00K	USD	3 Qtrs
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.85M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.90M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$25.60M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$5.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$21.59M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$39.32M	USD	3 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$26.21M	USD	3 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$9.39M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.11M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.72M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-11.81M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-157.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.18M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.80M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.12M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.06M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.77M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$6.88M	USD	3 Qtrs
Equity security investments	`PaymentsToAcquireEquitySecurityInvestments`	$5.10M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$5.11M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$46.15M	USD	3 Qtrs
Proceeds from deconsolidation of previously controlled subsidiary, net of cash deconsolidated	`ProceedsFromDeconsolidationOfPreviouslyControlledSubsidiaryNetOfCashDeconsolidated`	$635.00K	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$35.85M	USD	3 Qtrs
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$25.95M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.99M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.33M	USD	3 Qtrs
Other	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$225.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.01M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$889.00K	USD	3 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-7.50M	USD	3 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-22.50M	USD	3 Qtrs
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$5.99M	USD	3 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$20.10M	USD	3 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	3 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.18M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$868.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.78M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-21.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-23.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.91M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.40M	USD	3 Qtrs
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$695.00K	USD	3 Qtrs
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-613.00K	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-72.71M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.98M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.21M	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`	$84.35M	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`	$85.21M	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`	$84.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$1.92M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.19M	USD	3 Qtrs
Interest	`InterestPaidNet`	$3.46M	USD	3 Qtrs
Interest	`InterestPaidNet`	$5.70M	USD	3 Qtrs
Unrealized (gain) loss on available-for-sale investments, net of deferred tax expense of $0 and $1 for the nine months ended January 28, 2023 and January 29, 2022, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$26.00K	USD	3 Qtrs
Unrealized (gain) loss on available-for-sale investments, net of deferred tax expense of $0 and $1 for the nine months ended January 28, 2023 and January 29, 2022, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-6.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-3.77M	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$1.43M	USD	3 Qtrs
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$4.68M	USD	3 Qtrs
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$16.68M	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$626.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$731.00K	USD	3 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$607.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$621.51M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$602.72M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-676.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.45M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.74M	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$49.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$-45.00K	USD	1 Quarter
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-35.00K	USD	1 Quarter
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-676.00K	USD	1 Quarter
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-15.69M	USD	3 Qtrs
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-11.40M	USD	3 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00K	USD	3 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-3.77M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.75M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$1.43M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$3.42M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.78M	USD	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$868.00K	USD	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.66M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$186.00K	USD	1 Quarter
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.18M	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	3 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$8.39M	USD	1 Quarter
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$20.70M	USD	3 Qtrs
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	3 Qtrs
Change in non-controlling interest	`MinorityInterestPeriodIncreaseDecrease`	$224.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.62M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.96M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.71M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.11M	USD	3 Qtrs
Balance	`StockholdersEquity`	$607.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$621.51M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$602.72M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.23M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.40M	USD	3 Qtrs
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-35.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 and $1 for the nine months ended January 28, 2023 and January 29, 2022	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 and $1 for the nine months ended January 28, 2023 and January 29, 2022	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale investments, net of deferred tax expense of $0 and $1 for the nine months ended January 28, 2023 and January 29, 2022	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.43M	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.42M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.77M	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.75M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-15.17M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.23M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.79M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.75M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-45.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$49.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-15.22M	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$2.75M	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-1.75M	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-14.28M	USD	3 Qtrs

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