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Organization and Significant Accounting Policies (Tables) | 9 Months Ended
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Jan. 25, 2020
Organization and Significant Accounting Policies |
Schedule of revenue by category | The following tables present the Company’s revenue disaggregated by major product line, contract type, customer category and geographic location (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended |  | Nine Months Ended |
​ |  | January 25, | ​ | January 26, |  | January 25, | ​ | January 26, |
Revenue by major product line/program | ​ | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
Small UAS | ​ | $ | 36,965 | ​ | $ | 47,704 | ​ | $ | 162,868 | ​ | $ | 131,119 | ​
TMS | ​ | ​ | 7,908 | ​ | ​ | 11,270 | ​ | ​ | 21,419 | ​ | ​ | 49,055 | ​
HAPS | ​ | ​ | 11,762 | ​ | ​ | 13,586 | ​ | ​ | 37,490 | ​ | ​ | 37,981 | ​
Other | ​ |  | 5,256 | ​ |  | 2,762 | ​ |  | 10,296 | ​ |  | 8,189 | ​
Total revenue | ​ | $ | 61,891 | ​ | $ | 75,322 | ​ | $ | 232,073 | ​ | $ | 226,344 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ |  | January 25, | ​ | January 26, |  | January 25, | ​ | January 26, | ​
Revenue by contract type | ​ | 2020 |  | 2019 | ​ | 2020 |  | 2019 | ​
FFP | ​ | $ | 40,145 | ​ | $ | 52,833 | ​ | $ | 168,607 | ​ | $ | 160,890 | ​
CPFF | ​ | ​ | 20,863 | ​ | ​ | 22,370 | ​ | ​ | 60,384 | ​ | ​ | 65,223 | ​
T&M | ​ |  | 883 | ​ |  | 119 |  |  | 3,082 | ​ |  | 231 |
Total revenue | ​ | $ | 61,891 | ​ | $ | 75,322 | ​ | $ | 232,073 | ​ | $ | 226,344 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ |  | January 25, | ​ | January 26, |  | January 25, | ​ | January 26, | ​
Revenue by customer category | ​ | 2020 |  | 2019 | ​ | 2020 |  | 2019 | ​
U.S. government: | ​ | $ | 25,535 | ​ | $ | 52,383 | ​ | $ | 124,971 | ​ | $ | 135,232 | ​
Non-U.S. government | ​ | ​ | 36,356 | ​ | ​ | 22,939 | ​ | ​ | 107,102 | ​ | ​ | 91,112 | ​
Total revenue | ​ | $ | 61,891 | ​ | $ | 75,322 | ​ | $ | 232,073 | ​ | $ | 226,344 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ | ​ | January 25, | ​ | January 26, | ​ | January 25, | ​ | January 26, | ​
Revenue by geographic location | ​ | 2020 |  | 2019 | ​ | 2020 |  | 2019 | ​
Domestic | ​ | $ | 27,626 | ​ | $ | 34,436 | ​ | $ | 116,399 | ​ | $ | 116,514 | ​
International | ​ | ​ | 34,265 | ​ | ​ | 40,886 | ​ | ​ | 115,674 | ​ | ​ | 109,830 | ​
Total revenue | ​ | $ | 61,891 | ​ | $ | 75,322 | ​ | $ | 232,073 | ​ | $ | 226,344 | ​
Schedule of reconciliation of basic to diluted shares | The reconciliation of basic to diluted shares is as follows (in thousands except share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​ | ​ | Nine Months Ended |
(Loss) income from |  | January 25, 2020 |  | January 26, 2019 |  | January 25, 2020 |  | January 26, 2019 |
Continuing operations attributable to AeroVironment | ​ | $ | (1,008) | ​ | $ | 8,431 | ​ | $ | 23,603 | ​ | $ | 35,815 |
Discontinued operations, net of tax | ​ |  | — | ​ |  | (62) | ​ |  | — | ​ |  | 5,941 | ​
Net (loss) income attributable to AeroVironment | ​ | $ | (1,008) | ​ | $ | 8,369 | ​ | $ | 23,603 | ​ | $ | 41,756 | ​
Denominator for basic (loss) earnings per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares | ​ |  | 23,821,145 | ​ |  | 23,687,672 |  | ​ | 23,790,788 |  | ​ | 23,643,866 | ​
Dilutive effect of employee stock options, restricted stock and restricted stock units | ​ |  | — | ​ |  | 394,147 |  | ​ | 285,407 |  | ​ | 420,142 | ​
Denominator for diluted (loss) earnings per share | ​ | ​ | 23,821,145 | ​ | ​ | 24,081,819 | ​ | ​ | 24,076,195 | ​ | ​ | 24,064,008 | ​

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