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Business Acquisitions (Tables)
12 Months Ended
Apr. 30, 2017
Business Combinations [Abstract]  
Schedule of the fair value of the assets acquired and liabilities assumed at the acquisition date

The following table summarizes the consideration transferred to acquire Altoy and the amounts of identified assets acquired and liabilities assumed at the acquisition date, as well as the fair value of the noncontrolling interest in Altoy at the acquisition date (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

    

$

1,600

 

Goodwill

 

 

122

 

Trademark and trade names

 

 

60

 

Deferred tax liability

 

 

(332)

 

Other assets and liabilities assumed

 

 

286

 

Total net identified assets acquired

 

$

1,736

 

 

 

 

 

 

Fair value of consideration transferred:

 

 

 

 

Cash

 

$

625

 

Fair value of the Company's investment in Altoy prior to the acquisition

 

 

851

 

Fair value of the noncontrolling interest in Altoy

 

 

260

 

Total

 

$

1,736

 

 

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

 

 

 

 

 

 

 

 

 

 

Fiscal year ended April 30,

 

 

    

2017

    

2016

 

Revenue

 

$

265,220

 

$

264,301

 

Net income

 

$

11,654

 

$

9,168

 

Net income attributable to AeroVironment

 

$

11,734

 

$

9,239