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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2021
Apr. 30, 2021
Current assets:    
Cash and cash equivalents $ 93,924 $ 148,741
Short-term investments 17,953 31,971
Accounts receivable, net of allowance for doubtful accounts of $579 at July 31, 2021 and $595 at April 30, 2021 45,764 62,647
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $5,568 at July 31, 2021 and $544 at April 30, 2021) 87,131 71,632
Inventories 84,852 71,646
Income taxes receivable 322  
Prepaid expenses and other current assets 14,972 15,001
Total current assets 344,918 401,638
Long-term investments 10,165 12,156
Property and equipment, net 66,563 58,896
Operating lease right-of-use assets 27,649 22,902
Deferred income taxes 2,534 2,061
Intangibles, net 117,855 106,268
Goodwill 335,029 314,205
Other assets 3,840 10,440
Total assets 908,553 928,566
Current liabilities:    
Accounts payable 18,046 24,841
Wages and related accruals 20,067 28,068
Customer advances 9,117 7,183
Current portion of long-term debt 10,000 10,000
Current operating lease liabilities 6,747 6,154
Income taxes payable 549 861
Other current liabilities 18,134 19,078
Total current liabilities 82,660 96,185
Long-term debt, net of current portion 185,141 187,512
Non-current operating lease liabilities 23,048 19,103
Other non-current liabilities 10,336 10,141
Liability for uncertain tax positions 3,518 3,518
Deferred income taxes 5,533  
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at July 31, 2021 and April 30, 2021
Issued and outstanding shares-24,811,802 shares at July 31, 2021 and 24,777,295 shares at April 30, 2021 2 2
Additional paid-in capital 261,192 260,327
Accumulated other comprehensive (loss) income (394) 343
Retained earnings 337,440 351,421
Total AeroVironment, Inc. stockholders' equity 598,240 612,093
Noncontrolling interest 77 14
Total equity 598,317 612,107
Total liabilities and stockholders' equity $ 908,553 $ 928,566