XML 121 R106.htm IDEA: XBRL DOCUMENT v3.22.2
Business Acquisitions - Telerob (Details)
 12 Months Ended
May 03, 2021
USD ($)
May 03, 2021
EUR (€)
Apr. 30, 2022
USD ($)
Apr. 30, 2022
USD ($)
Apr. 30, 2021
USD ($)
May 03, 2021
EUR (€)
Apr. 30, 2020
USD ($)
Fair value of assets acquired:              
Goodwill     $ 334,347,000 $ 334,347,000 $ 314,205,000   $ 6,340,000
Telerob.              
Business Acquisitions              
Total paid $ 45,400,000 € 37,455,000          
Amount held in escrow 3,636,000         € 3,000,000  
Amount of indebtedness paid $ 9,468,000 € 7,811,000          
Number of months until escrow will be release 30 months 30 months          
Acquisition-related costs       1,186,000,000      
Fair value of assets acquired:              
Accounts receivable $ 1,045,000            
Unbilled receivable 829,000            
Inventories, net 15,074,000            
Prepaid and other current assets 314,000            
Property and equipment, net 1,571,000            
Operating lease assets 1,508,000            
Other assets 494,000            
Other intangible asset 102,000            
Goodwill 20,800,000            
Total assets acquired 60,637,000            
Fair value of liabilities assumed:              
Accounts payable 1,136,000            
Wages and related accruals 560,000            
Current operating lease liabilities 361,000            
Customer advances 1,243,000            
Other current liabilities 3,310,000            
Non-current operating lease liabilities 1,147,000            
Other non-current liabilities 224,000            
Deferred income taxes, net 5,617,000            
Total liabilities assumed 13,598,000            
Total identifiable net assets 47,039,000            
Fair value of consideration transferred:              
Cash consideration, net of cash acquired 46,150,000            
Contingent consideration 889,000            
Total 47,039,000            
Supplemental Pro Forma Information (unaudited)              
Revenue     29,177,000 445,732,000 428,353,000    
Net income attributable to AeroVironment, Inc.     $ 12,115,000 $ 2,334,000 $ 17,345,000    
Technology | Telerob.              
Fair value of assets acquired:              
Intangible assets 11,500,000            
Backlog. | Telerob.              
Fair value of assets acquired:              
Intangible assets 2,400,000            
Customer relationships | Telerob.              
Fair value of assets acquired:              
Intangible assets 5,000,000            
Business Combination, Specific Revenue Targets Achieved In First Earnout Year | Telerob.              
Business Acquisitions              
Contingent consideration paid $ 2,424,000 € 2,000,000          
Period to obtain target 12 months 12 months          
Business Combination, Specific Revenue Targets Achieved In Second Earnout Year | Telerob.              
Business Acquisitions              
Contingent consideration paid $ 2,424,000 € 2,000,000          
Period to obtain target 12 months 12 months          
Business Combination, Specific Awards Or Orders From US Military Are Achieved Prior To 36 Month Post Closing Period [Member] | Telerob.              
Business Acquisitions              
Contingent consideration paid $ 2,424,000 € 2,000,000          
Period to obtain target 36 months 36 months