10-Q Filing

AeroVironment Inc CIK: 1368622 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-019483`
Period End Date	20231031
Filing Date	20231206
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	avav-20231028x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 70 Cash Flow Statement 98 Stockholders Equity 40 Comprehensive Income 23

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$156.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$158.00K	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`	$100.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.86M	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 $158 at October 28, 2023 and $156 at April 30, 2023	`AccountsReceivableNetCurrent`	$87.63M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $158 at October 28, 2023 and $156 at April 30, 2023	`AccountsReceivableNetCurrent`	$73.86M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Unbilled receivables and retentions	`UnbilledReceivablesCurrent`	$141.81M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables and retentions	`UnbilledReceivablesCurrent`	$105.65M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$181.77M	USD	Point-in-time
Inventories, net	`InventoryNet`	$138.81M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$5.74M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	26.22M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	28.14M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.96M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	28.14M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$524.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$477.00M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	26.22M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$20.61M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$23.61M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.77M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$30.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$27.21M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$20.78M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$82.85M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$43.58M	USD	Point-in-time
Goodwill	`Goodwill`	$180.80M	USD	Point-in-time
Goodwill	`Goodwill`	$274.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.23M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$824.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.83M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$35.64M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$26.67M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$16.64M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$20.44M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.23M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.82M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$595.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.30M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$125.90M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$73.68M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.19M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.73M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$746.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.90M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$2.71M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$2.71M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.73M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.66M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at October 28, 2023 and April 30, 2023	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at October 28, 2023 and April 30, 2023	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at October 28, 2023 and April 30, 2023	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at October 28, 2023 and April 30, 2023	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$384.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$589.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$210.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$171.02M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$574.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$824.58M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$111.58M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$333.16M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$180.82M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$220.10M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$192.15M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$85.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$160.50M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$105.47M	USD	1 Quarter
Total gross margin	`GrossProfit`	$25.89M	USD	1 Quarter
Total gross margin	`GrossProfit`	$75.35M	USD	1 Quarter
Total gross margin	`GrossProfit`	$141.01M	USD	2 Qtrs
Total gross margin	`GrossProfit`	$59.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$28.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.61M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$51.97M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$45.56M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$22.02M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$31.64M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$37.49M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$25.18M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-14.31M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$51.55M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-17.59M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-1.95M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.91M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.31M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-3.96M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-3.99M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.86M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$810.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$404.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.37M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.10M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.60M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-15.81M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-10.46M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.14M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-7.85M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$2.45M	USD	2 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.41M	USD	2 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.39M	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.77M	USD	2 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.27M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$39.73M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$17.84M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	2 Qtrs
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.73M	USD	2 Qtrs
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.67M	USD	1 Quarter
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.84M	USD	1 Quarter
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.06M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.61	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.61	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.87M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.48M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.57M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.85M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.96M	shares	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$3.00K	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$39.73M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$17.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.27M	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$1.41M	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$1.77M	USD	2 Qtrs
Loss on deconsolidation of previously controlled subsidiary	`LossOnDeconsolidationOfPreviouslyControlledSubsidiary`	$-189.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$422.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$424.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$19.00K	USD	2 Qtrs
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$2.86M	USD	2 Qtrs
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$8.34M	USD	2 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-331.00K	USD	2 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-565.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-4.49M	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-3.77M	USD	2 Qtrs
Gain on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$59.00K	USD	2 Qtrs
Gain on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$184.00K	USD	2 Qtrs
Unrealized loss (gain) on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$928.00K	USD	2 Qtrs
Unrealized loss (gain) on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$-3.46M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-808.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.01M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$8.24M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.40M	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-136.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-825.00K	USD	2 Qtrs
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.55M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.01M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$-11.70M	USD	2 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$35.17M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$49.33M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.70M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$5.74M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$8.54M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.72M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.82M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.11M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-8.66M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-12.85M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.93M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-25.59M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.10M	USD	2 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.59M	USD	2 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.77M	USD	2 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$1.88M	USD	2 Qtrs
Equity security investments	`PaymentsToAcquireEquitySecurityInvestments`	$5.10M	USD	2 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.50M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$24.16M	USD	2 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$5.11M	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`	$25.95M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.33M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.63M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.42M	USD	2 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-55.00M	USD	2 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-22.50M	USD	2 Qtrs
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$500.00K	USD	2 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$11.78M	USD	2 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$88.44M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.00K	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.37M	USD	2 Qtrs
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$682.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.54M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.91M	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`	$-270.00K	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.95M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.19M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.91M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.91M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.42M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$718.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$11.05M	USD	2 Qtrs
Interest	`InterestPaidNet`	$4.82M	USD	2 Qtrs
Interest	`InterestPaidNet`	$3.40M	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense of $0 for the six months ended October 28, 2023 and October 29, 2022, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$26.00K	USD	2 Qtrs
Issuance of common stock for business acquisition	`StockIssued1`	$109.82M	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-1.62M	USD	2 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-1.99M	USD	2 Qtrs
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$4.08M	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$915.00K	USD	2 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$810.00K	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$574.54M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$39.73M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$17.84M	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	2 Qtrs
Unrealized loss on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.99M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.56M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-928.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-1.62M	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$682.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$682.00K	USD	2 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$109.82M	USD	1 Quarter
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$109.82M	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	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`	$1.37M	USD	2 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$72.00K	USD	1 Quarter
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$12.31M	USD	2 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$87.96M	USD	2 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$12.31M	USD	1 Quarter
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$88.12M	USD	1 Quarter
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	2 Qtrs
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.40M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.24M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.19M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$600.17M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$574.54M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time

Comprehensive Income 23 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-6.63M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-15.02M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$39.73M	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$3.00K	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$17.84M	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	2 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense of $0 for the three and six months ended October 29, 2022, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-928.00K	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.62M	USD	2 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.56M	USD	1 Quarter
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.99M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.28M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$38.11M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.55M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-16.98M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-7.59M	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-17.03M	USD	2 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$38.11M	USD	2 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$16.28M	USD	1 Quarter

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