10-Q Filing

AeroVironment Inc CIK: 1368622 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-24-002395`
Period End Date	20240131
Filing Date	20240305
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	avav-20240127x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 69 Cash Flow Statement 99 Stockholders Equity 34 Comprehensive Income 21

Balance Sheet 92 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`	$88.00K	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
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.69M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $88 at January 27, 2024 and $156 at April 30, 2023	`AccountsReceivableNetCurrent`	$87.63M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $88 at January 27, 2024 and $156 at April 30, 2023	`AccountsReceivableNetCurrent`	$53.24M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Unbilled receivables and retentions	`UnbilledReceivablesCurrent`	$148.59M	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
Inventories, net	`InventoryNet`	$161.38M	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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.08M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.71M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	28.14M	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
Total current assets	`AssetsCurrent`	$477.00M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	26.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$500.69M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$23.61M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$21.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$45.05M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.36M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$28.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$21.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$27.21M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$77.60M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$43.58M	USD	Point-in-time
Goodwill	`Goodwill`	$275.19M	USD	Point-in-time
Goodwill	`Goodwill`	$180.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.21M	USD	Point-in-time
Total assets	`Assets`	$824.58M	USD	Point-in-time
Total assets	`Assets`	$980.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.97M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$35.64M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$28.44M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$16.64M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$17.54M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.50M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.23M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.93M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$797.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.35M	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`	$107.53M	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`	$31.29M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.98M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.19M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.10M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$746.00K	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`	$1.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.73M	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 27, 2024 and April 30, 2023	`PreferredStockValue`	-	USD	Point-in-time
Authorized shares-10,000,000; none issued or outstanding at January 27, 2024 and April 30, 2023	`PreferredStockValue`	-	USD	Point-in-time
Issued and outstanding shares-28,136,735 shares at January 27, 2024 and 26,216,897 shares at April 30, 2023	`CommonStockValue`	$4.00K	USD	Point-in-time
Issued and outstanding shares-28,136,735 shares at January 27, 2024 and 26,216,897 shares at 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`	$593.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$224.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$171.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$824.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$980.30M	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$354.50M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$186.58M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$519.74M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$134.40M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$88.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$311.44M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$119.29M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$249.38M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$105.11M	USD	3 Qtrs
Total gross margin	`GrossProfit`	$45.51M	USD	1 Quarter
Total gross margin	`GrossProfit`	$67.29M	USD	1 Quarter
Total gross margin	`GrossProfit`	$208.30M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.30M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$79.80M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.83M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.75M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$47.79M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$25.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$62.62M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$16.16M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$4.61M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$65.88M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-12.98M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$14.33M	USD	1 Quarter
Interest (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-6.72M	USD	3 Qtrs
Interest (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-114.00K	USD	1 Quarter
Interest (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.81M	USD	1 Quarter
Interest (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-4.07M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.59M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.18M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.98M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.22M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.89M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.82M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-790.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.26M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-531.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.71M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-8.38M	USD	3 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-417.00K	USD	1 Quarter
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-2.19M	USD	3 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-1.49M	USD	3 Qtrs
Equity method investment loss, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-80.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$53.62M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$13.88M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.88M	USD	1 Quarter
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$53.62M	USD	3 Qtrs
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-15.74M	USD	3 Qtrs
Net income (loss) attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-676.00K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.63	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.98	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.01M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.91M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.96M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.91M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.06M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.04M	shares	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$53.62M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$13.88M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$48.11M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.97M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$2.19M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$1.49M	USD	3 Qtrs
Loss on deconsolidation of previously controlled subsidiary	`LossOnDeconsolidationOfPreviouslyControlledSubsidiary`	$-189.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$634.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$638.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-67.00K	USD	3 Qtrs
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$3.79M	USD	3 Qtrs
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$11.67M	USD	3 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-935.00K	USD	3 Qtrs
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-783.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-5.87M	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-6.92M	USD	3 Qtrs
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-38.00K	USD	3 Qtrs
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-54.00K	USD	3 Qtrs
Unrealized loss (gain) on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$-1.80M	USD	3 Qtrs
Unrealized loss (gain) on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$-2.71M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.25M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.11M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.43M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-115.00K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.19M	USD	3 Qtrs
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-36.39M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.85M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$41.95M	USD	3 Qtrs
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$5.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$31.90M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$43.11M	USD	3 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$8.08M	USD	3 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$9.39M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.90M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.11M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.79M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-157.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-15.32M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.96M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.80M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.90M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.12M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.77M	USD	3 Qtrs
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$1.88M	USD	3 Qtrs
Equity security investments	`PaymentsToAcquireEquitySecurityInvestments`	$5.10M	USD	3 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.50M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$5.11M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$24.16M	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`	$25.95M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.33M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.43M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$889.00K	USD	3 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-95.00M	USD	3 Qtrs
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-22.50M	USD	3 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.13M	USD	3 Qtrs
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$500.00K	USD	3 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$20.10M	USD	3 Qtrs
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$88.44M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$37.00K	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`	$1.37M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$868.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-21.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.62M	USD	3 Qtrs
Net cash provided by (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`	$-77.00K	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.98M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.16M	USD	3 Qtrs
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`	$107.69M	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`	$85.21M	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`	$107.69M	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`	$85.21M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$15.20M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.19M	USD	3 Qtrs
Interest	`InterestPaidNet`	$5.70M	USD	3 Qtrs
Interest	`InterestPaidNet`	$5.85M	USD	3 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense of $0 for the nine months ended January 27, 2024 and January 28, 2023, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$26.00K	USD	3 Qtrs
Issuance of common stock for business acquisition	`StockIssued1`	$109.82M	USD	3 Qtrs
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-436.00K	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
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$731.00K	USD	3 Qtrs
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$2.52M	USD	3 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.99M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$53.62M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-676.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$13.88M	USD	1 Quarter
Unrealized loss on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$3.42M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$1.43M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$1.19M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-436.00K	USD	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$186.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$868.00K	USD	3 Qtrs
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$109.82M	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	3 Qtrs
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.37M	USD	3 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$20.70M	USD	3 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$87.96M	USD	3 Qtrs
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$8.39M	USD	1 Quarter
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.18M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.43M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.71M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.11M	USD	3 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$607.48M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$793.73M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.51M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.99M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$53.62M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-676.00K	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-15.69M	USD	3 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	3 Qtrs
Unrealized gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$13.88M	USD	1 Quarter
Unrealized gain on available-for-sale investments, net of deferred tax expense of $0 for the three and nine months ended January 28, 2023, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$26.00K	USD	3 Qtrs
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-436.00K	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`	$1.19M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.18M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.75M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.07M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.23M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-14.28M	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$53.18M	USD	3 Qtrs
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$15.07M	USD	1 Quarter
Comprehensive income (loss) attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$2.75M	USD	1 Quarter

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