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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 29, 2023
Apr. 30, 2023
Current assets:    
Cash and cash equivalents $ 105,871 $ 132,859
Accounts receivable, net of allowance for doubtful accounts of $124 at July 29, 2023 and $156 at April 30, 2023 79,214 87,633
Unbilled receivables and retentions 107,258 105,653
Inventories, net 175,396 138,814
Prepaid expenses and other current assets 13,949 12,043
Total current assets 481,688 477,002
Long-term investments 22,578 23,613
Property and equipment, net 39,770 39,795
Operating lease right-of-use assets 25,742 27,363
Deferred income taxes 27,633 27,206
Intangibles, net 40,540 43,577
Goodwill 180,797 180,801
Other assets 7,312 5,220
Total assets 826,060 824,577
Current liabilities:    
Accounts payable 28,824 31,355
Wages and related accruals 16,875 35,637
Customer advances 19,940 16,645
Current portion of long-term debt 10,000 7,500
Current operating lease liabilities 8,272 8,229
Income taxes payable 4,058 2,342
Other current liabilities 19,220 19,626
Total current liabilities 107,189 121,334
Long-term debt, net of current portion 118,537 125,904
Non-current operating lease liabilities 19,454 21,189
Other non-current liabilities 1,901 746
Liability for uncertain tax positions 2,705 2,705
Deferred income taxes 1,729 1,729
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at July 29, 2023 and April 30, 2023
Common stock, $0.0001 par value: Authorized shares-100,000,000 Issued and outstanding shares-26,292,130 shares at July 29, 2023 and 26,216,897 shares at April 30, 2023 4 4
Additional paid-in capital 386,140 384,397
Accumulated other comprehensive loss (4,515) (4,452)
Retained earnings 192,916 171,021
Total AeroVironment, Inc. stockholders' equity 574,545 550,970
Total equity 574,545 550,970
Total liabilities and stockholders' equity $ 826,060 $ 824,577