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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 30, 2021
Jan. 25, 2020
Jan. 30, 2021
Jan. 25, 2020
Revenue:        
Total revenue $ 78,782 $ 61,891 $ 258,897 $ 232,073
Cost of sales:        
Cost of sales 50,141 38,395 153,994 132,139
Gross margin:        
Total gross margin 28,641 23,496 104,903 99,934
Selling, general and administrative 15,652 13,223 42,640 43,146
Research and development 13,631 11,381 36,710 30,948
(Loss) income from continuing operations (642) (1,108) 25,553 25,840
Other income:        
Interest income, net 94 1,122 417 3,717
Other (expense) income, net (37) 120 68 632
(Loss) income from operations before income taxes (585) 134 26,038 30,189
(Benefit from) provision for income taxes (924) (38) 2,774 3,203
Equity method investment loss, net of tax (81) (1,200) (10,891) (3,410)
Net income (loss) 258 (1,028) 12,373 23,576
Net income (loss) attributable to noncontrolling interest (47) 20 12 27
Net income (loss) attributable to AeroVironment, Inc. $ 211 $ (1,008) $ 12,385 $ 23,603
Net income (loss) per share attributable to AeroVironment        
Basic (in shares) $ 0.01 $ (0.04) $ 0.52 $ 0.99
Diluted (in shares) $ 0.01 $ (0.04) $ 0.51 $ 0.98
Weighted-average shares outstanding:        
Basic (in shares) 23,942,782 23,821,145 23,924,017 23,790,788
Diluted (in shares) 24,260,874 23,821,145 24,216,371 24,076,195
Product sales        
Revenue:        
Revenue $ 58,348 $ 36,432 $ 182,233 $ 159,657
Cost of sales:        
Cost of sales 35,746 21,034 102,039 82,244
Gross margin:        
Total gross margin 22,602 15,398 80,194 77,413
Contract services        
Revenue:        
Revenue 20,434 25,459 76,664 72,416
Cost of sales:        
Cost of sales 14,395 17,361 51,955 49,895
Gross margin:        
Total gross margin $ 6,039 $ 8,098 $ 24,709 $ 22,521