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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 27, 2018
Apr. 30, 2017
Current assets:    
Cash and cash equivalents $ 112,304 $ 79,904
Short-term investments 109,543 119,971
Accounts receivable, net of allowance for doubtful accounts of $1,360 at January 27, 2018 and $291 at April 30, 2017 25,690 74,361
Unbilled receivables and retentions 24,961 14,120
Inventories, net 77,327 60,076
Income taxes receivable 292  
Prepaid expenses and other current assets 5,138 5,653
Total current assets 355,255 354,085
Long-term investments 38,822 42,096
Property and equipment, net 21,626 19,220
Deferred income taxes 14,837 15,089
Other assets 2,305 2,010
Total assets 432,845 432,500
Current liabilities:    
Accounts payable 13,249 20,283
Wages and related accruals 15,090 12,966
Income taxes payable   1,418
Customer advances 3,555 3,317
Other current liabilities 8,651 10,079
Total current liabilities 40,545 48,063
Deferred rent 1,589 1,719
Capital lease obligations - net of current portion 7 161
Other non-current liabilities 184 184
Deferred tax liability 67 116
Liability for uncertain tax positions 64 64
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value: Authorized shares—10,000,000; none issued or outstanding at January 27, 2018 and April 30, 2017
Common stock, $0.0001 par value: Authorized shares—100,000,000 Issued and outstanding shares—23,906,043 shares at January 27, 2018 and 23,630,419 at April 30, 2017 2 2
Additional paid-in capital 168,735 162,150
Accumulated other comprehensive loss (25) (127)
Retained earnings 221,676 219,929
Total AeroVironment stockholders' equity 390,388 381,954
Noncontrolling interest 1 239
Total equity 390,389 382,193
Total liabilities and stockholders' equity $ 432,845 $ 432,500