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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Oct. 28, 2017
Oct. 29, 2016
Revenue:        
Product sales $ 52,933,000 $ 29,350,000 $ 84,024,000 $ 45,087,000
Contract services 20,894,000 20,766,000 33,567,000 41,247,000
Total revenue 73,827,000 50,116,000 117,591,000 86,334,000
Cost of sales:        
Product sales 30,014,000 19,197,000 54,231,000 34,419,000
Contract services 12,813,000 13,502,000 20,730,000 27,815,000
Total cost of sales 42,827,000 32,699,000 74,961,000 62,234,000
Gross margin:        
Product sales 22,919,000 10,153,000 29,793,000 10,668,000
Contract services 8,081,000 7,264,000 12,837,000 13,432,000
Total gross margin 31,000,000 17,417,000 42,630,000 24,100,000
Selling, general and administrative 14,464,000 13,387,000 27,795,000 27,050,000
Research and development 7,272,000 8,517,000 13,733,000 17,117,000
Income (loss) from operations 9,264,000 (4,487,000) 1,102,000 (20,067,000)
Other income (expense):        
Interest income, net 432,000 397,000 944,000 772,000
Other expense, net (55,000) (130,000) (51,000) (430,000)
Income (loss) before income taxes 9,641,000 (4,220,000) 1,995,000 (19,725,000)
Provision (benefit) for income taxes 2,829,000 (48,000) (351,000) (3,911,000)
Net income (loss) 6,812,000 (4,172,000) 2,346,000 (15,814,000)
Net loss attributable to noncontrolling interest 206,000   229,000  
Net income (loss) attributable to AeroVironment $ 7,018,000 $ (4,172,000) $ 2,575,000 $ (15,814,000)
Net income (loss) per share attributable to AeroVironment:        
Basic (in dollars per share) $ 0.30 $ (0.18) $ 0.11 $ (0.69)
Diluted (in dollars per share) $ 0.29 $ (0.18) $ 0.11 $ (0.69)
Weighted average shares outstanding:        
Basic (in shares) 23,477,914 23,049,056 23,407,500 23,002,832
Diluted (in shares) 23,832,959 23,049,056 23,715,997 23,002,832