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Organization and Significant Accounting Policies (Tables)
3 Months Ended
Jul. 28, 2018
Organization and Significant Accounting Policies  
Schedule of revenue by category

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

    

July 28,

 

July 29,

 

Revenue by major product line/program

 

2018

    

2017

 

Small UAS

 

$

41,216

 

$

20,061

 

TMS

 

 

22,766

 

 

9,565

 

HAPS

 

 

11,563

 

 

2,551

 

Other

 

 

2,498

 

 

2,184

 

Total revenue

 

$

78,043

 

$

34,361

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

    

July 28,

 

July 29,

    

Revenue by contract type

 

2018

    

2017

 

FFP

 

$

58,003

 

$

25,854

 

CPFF

 

 

19,983

 

 

8,373

 

T&M

 

 

57

 

 

134

 

Total revenue

 

$

78,043

 

$

34,361

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

    

July 28,

 

July 29,

    

Revenue by customer category

 

2018

    

2017

 

U.S. government:

 

$

35,908

 

$

22,893

 

Non-U.S. government

 

 

42,135

 

 

11,468

 

Total revenue

 

 

78,043

 

 

34,361

 

 

 

 

 

 

 

 

 

Revenue by geographic location

 

 

 

 

 

 

 

Domestic

 

$

35,352

 

$

21,570

 

International

 

 

42,691

 

 

12,791

 

Total revenue

 

$

78,043

 

$

34,361

 

 

Schedule of reconciliation of basic to diluted shares

The reconciliation of basic to diluted shares is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Income (loss) from

    

July 28, 2018

 

July 29, 2017

 

Continuing operations attributable to AeroVironment

 

$

20,337

 

$

(4,371)

 

Discontinued operations, net of tax

 

 

6,993

 

 

(1,488)

 

Net income (loss) attributable to AeroVironment

 

$

27,330

 

$

(5,859)

 

Denominator for basic earnings per share:

 

 

 

 

 

 

 

Weighted average common shares

 

 

23,574,595

 

 

23,336,305

 

Dilutive effect of employee stock options, restricted stock and restricted stock units

 

 

435,708

 

 

 —

 

Denominator for diluted earnings per share

 

 

24,010,303

 

 

23,336,305