Organization and Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2018

Organization and Significant Accounting Policies

Schedule of estimated useful lives of property and equipment

Machinery and equipment	2 - 7	years
Computer equipment and software	2 - 5	years
Furniture and fixtures	3 - 7	years
Leasehold improvements	Lesser of useful life or term of lease

Schedule of reconciliation of basic to diluted shares

	Year Ended April 30,
	2018		2017		2016
Numerator for basic and diluted earnings (loss) per share:
Continuing operations attributable to AeroVironment	$	22,576,000	$	16,633,000	$	15,393,000
Discontinued operations, net of tax		(2,508,000)		(4,154,000)		(6,427,000)
Net income attributable to AeroVironment	$	20,068,000	$	12,479,000	$	8,966,000
Denominator for basic earnings per share:
Weighted average common shares		23,471,241		23,059,045		22,936,413
Dilutive effect of employee stock options, restricted stock and restricted stock units		342,531		248,693		217,080
Denominator for diluted earnings per share		23,813,772		23,307,738		23,153,493