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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2015
Revenue:      
Product sales $ 193,338 $ 189,476 $ 205,027
Contract services 71,535 74,622 54,371
Total revenue 264,873 264,098 259,398
Cost of sales:      
Product sales 115,513 105,987 118,834
Contract services 47,250 46,008 36,296
Total cost of sales 162,763 151,995 155,130
Gross margin:      
Product sales 77,825 83,489 86,193
Contract services 24,285 28,614 18,075
Total gross margin 102,110 112,103 104,268
Selling, general and administrative 56,537 60,077 55,763
Research and development 33,042 42,291 46,491
Income from operations 12,531 9,735 2,014
Other income (expense):      
Interest income, net 1,618 1,032 882
Other income (expense), net 60 (2,699) (1,003)
Income before income taxes 14,209 8,068 1,893
Provision (benefit) for income taxes 1,752 (898) (1,002)
Net income 12,457 8,966 2,895
Net loss attributable to noncontrolling interest (22)    
Net income attributable to AeroVironment $ 12,479 $ 8,966 $ 2,895
Earnings per share attributable to AeroVironment:      
Basic (in dollars per share) $ 0.54 $ 0.39 $ 0.13
Diluted (in dollars per share) $ 0.54 $ 0.39 $ 0.13
Weighted average shares outstanding:      
Basic (in shares) 23,059,045 22,936,413 22,868,733
Diluted (in shares) 23,307,738 23,153,493 23,145,997