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Business Acquisitions (Tables) - Planck Aerosystems, Inc. ("Planck")

3 Months Ended

Jul. 29, 2023

Schedule of the provisional allocation of the purchase price over the estimated fair value of the assets and liabilities assumed in the acquisition

The following table summarizes the final allocation of the purchase price over the estimated fair value of the assets and liabilities assumed in the acquisition of Planck. During the three months ended July 29, 2023, the Company finalized its determination of the fair value of the assets and liabilities assumed in the acquisition of Planck and no significant changes were recorded from the original estimation (in thousands):

​

​	​	​	​	​
​	​	August 17,		​
​	​	2022		​
Fair value of assets acquired:	​	​	​	​
Technology		$	3,200	​
Backlog	​	​	700	​
Inventories	​	​	109	​
Other assets	​	​	19	​
Property and equipment, net	​	​	13	​
Goodwill	​	​	1,633	​
Total identifiable net assets	​	$	5,674	​
​	​	​	​	​
Fair value of liabilities assumed:	​	​	​	​
Customer advances	​	​	69	​
Total liabilities assumed	​	​	69	​
Total identifiable net assets	​	$	5,605	​
​	​	​	​	​
Fair value of consideration transferred:	​	​	​	​
Cash	​	$	5,105	​
Holdback	​	​	500	​
Total consideration	​	$	5,605	​

Schedule of unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred

The following unaudited pro forma summary presents condensed consolidated information of the Company as if the business acquisition had occurred on May 1, 2021 (in thousands):

​

​	​	​	​
​	​	Three Months Ended
​	​	July 30,
​	​	2022
Revenue	​	$	110,460
Net loss attributable to AeroVironment, Inc.	​	$	(7,741)

X

- Definition

Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(4)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479328/805-10-50-2

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

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-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

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