XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 29, 2022
Apr. 30, 2021
Current assets:    
Cash and cash equivalents $ 82,528 $ 148,741
Short-term investments 3,969 31,971
Accounts receivable, net of allowance for doubtful accounts of $577 at January 29, 2022 and $595 at April 30, 2021 41,739 62,647
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $5,944 at January 29, 2022 and $544 at April 30, 2021) 97,993 71,632
Inventories 89,616 71,646
Income taxes receivable 26,578  
Prepaid expenses and other current assets 12,099 15,001
Total current assets 354,522 401,638
Long-term investments 12,388 12,156
Property and equipment, net 65,377 58,896
Operating lease right-of-use assets 24,848 22,902
Deferred income taxes 3,258 2,061
Intangibles, net 103,825 106,268
Goodwill 335,164 314,205
Other assets 5,881 10,440
Total assets 905,263 928,566
Current liabilities:    
Accounts payable 15,118 24,841
Wages and related accruals 21,207 28,068
Customer advances 6,864 7,183
Current portion of long-term debt 10,000 10,000
Current operating lease liabilities 6,150 6,154
Income taxes payable 247 861
Other current liabilities 27,897 19,078
Total current liabilities 87,483 96,185
Long-term debt, net of current portion 180,398 187,512
Non-current operating lease liabilities 20,678 19,103
Other non-current liabilities 5,273 10,141
Liability for uncertain tax positions 3,518 3,518
Deferred income taxes 5,198  
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at January 29, 2022 and April 30, 2021
Issued and outstanding shares-24,915,105 shares at January 29, 2022 and 24,777,295 shares at April 30, 2021 2 2
Additional paid-in capital 265,885 260,327
Accumulated other comprehensive (loss) income (3,434) 343
Retained earnings 339,975 351,421
Total AeroVironment, Inc. stockholders' equity 602,428 612,093
Noncontrolling interest 287 14
Total equity 602,715 612,107
Total liabilities and stockholders' equity $ 905,263 $ 928,566