XML 77 R55.htm IDEA: XBRL DOCUMENT
v3.21.2

Quarterly Results of Operations (Unaudited) (Tables) | 12 Months Ended
--- | ---
Apr. 30, 2021
Quarterly Results of Operations (Unaudited) |
Schedule of selected unaudited consolidated financial data | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended |
​ |  | August 1, 2020 | ​ | October 31, 2020 |  | January 30, 2021 |  | April 30, 2021 |
​ | ​ | (In thousands except per share data) |
Year ended April 30, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 87,450 | ​ | $ | 92,665 | ​ | $ | 78,782 | ​ | $ | 136,015 | ​
Gross margin | ​ | $ | 35,411 | ​ | $ | 40,851 | ​ | $ | 28,641 | ​ | $ | 59,655 | ​
Net income attributable to AeroVironment, Inc. from continuing operations | ​ | $ | 10,080 | ​ | $ | 2,094 | (1) | $ | 211 | ​ | $ | 10,946 | (2)
Net income per share attributable to AeroVironment, Inc. from continuing operations—basic(3) | ​ | $ | 0.42 | ​ | $ | 0.09 | (1) | $ | 0.01 | ​ | $ | 0.45 | (2)
Net income per share attributable to AeroVironment, Inc. from continuing operations—diluted(3) | ​ | $ | 0.42 | ​ | $ | 0.09 | (1) | $ | 0.01 | ​ | $ | 0.44 | (2)
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended |
​ |  | July 27, | ​ | October 26, |  | January 25, |  | April 30, |
​ | ​ | 2019 | ​ | 2019 | ​ | 2020 | ​ | 2020 |
​ | ​ | (In thousands except per share data) |
Year ended April 30, 2020 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 86,911 | ​ | $ | 83,271 | ​ | $ | 61,891 | ​ | $ | 135,223 | ​
Gross margin | ​ | $ | 41,272 | ​ | $ | 35,166 | ​ | $ | 23,496 | ​ | $ | 53,168 | ​
Net (loss) income attributable to AeroVironment, Inc. from continuing operations | ​ | $ | 17,110 | ​ | $ | 7,501 | ​ | $ | (1,008) | ​ | $ | 17,736 | ​
Net (loss) income per share attributable to AeroVironment, Inc. from continuing operations—basic(3) | ​ | $ | 0.72 | ​ | $ | 0.32 | ​ | $ | (0.04) | ​ | $ | 0.74 | ​
Net (loss) income per share attributable to AeroVironment, Inc. from continuing operations—diluted(3) | ​ | $ | 0.71 | ​ | $ | 0.31 | ​ | $ | (0.04) | ​ | $ | 0.73 | ​
(1) | Includes a loss of $8.4 million for the Company’s proportionate share of the HAPSMobile Inc. joint venture’s impairment of its investment in Loon LLC recorded to “Equity method investment loss, net of tax” in the consolidated statement of operations.
(2) | Includes a $9.3 million legal accrual related to our former EES Business recorded to “Other (expense) income, net” in the consolidated statement of operations.
(3) | Earnings per share is computed independently for each of the quarters presented. The sum of the quarterly earnings per share may not equal the total earnings per share computed for the year due to rounding.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration