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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 01, 2020
Apr. 30, 2020
Current assets:    
Cash and cash equivalents $ 246,839 $ 255,142
Short-term investments 71,334 47,507
Accounts receivable, net of allowance for doubtful accounts of $1,054 at August 1, 2020 and $1,190 at April 30, 2020 43,357 73,660
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $28,143 at August 1, 2020 and $15,779 at April 30, 2020) 73,791 75,837
Inventories 45,530 45,535
Prepaid expenses and other current assets 5,941 6,246
Total current assets 486,792 503,927
Long-term investments 20,338 15,030
Property and equipment, net 22,907 21,694
Operating lease right-of-use assets 13,612 8,793
Deferred income taxes 5,262 4,928
Intangibles, net 12,928 13,637
Goodwill 6,340 6,340
Other assets 9,640 10,605
Total assets 577,819 584,954
Current liabilities:    
Accounts payable 11,740 19,859
Wages and related accruals 13,025 23,972
Customer advances 5,725 7,899
Current operating lease liabilities 4,478 3,380
Income taxes payable 2,620 1,065
Other current liabilities 8,735 10,778
Total current liabilities 46,323 66,953
Non-current operating lease liabilities 10,344 6,833
Other non-current liabilities 243 250
Liability for uncertain tax positions 1,017 1,017
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at August 1, 2020 and April 30, 2020
Issued and outstanding shares-24,104,564 shares at August 1, 2020 and 24,063,639 shares at April 30, 2020 2 2
Additional paid-in capital 181,406 181,481
Accumulated other comprehensive income 351 328
Retained earnings 338,170 328,090
Total AeroVironment, Inc. stockholders' equity 519,929 509,901
Noncontrolling interest (37)  
Total equity 519,892 509,901
Total liabilities and stockholders' equity $ 577,819 $ 584,954