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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Jul. 28, 2018
Jul. 29, 2017
Revenue:    
Total revenue $ 78,043 $ 34,361
Cost of sales:    
Cost of sales 45,454 25,663
Gross margin:    
Total gross margin 32,589 8,698
Selling, general and administrative 11,956 11,287
Research and development 6,435 5,542
Income (loss) from continuing operations 14,198 (8,131)
Other income:    
Interest income, net 906 512
Other income, net 8,388 4
Income (loss) from continuing operations before income taxes 23,492 (7,615)
Provision (benefit) for income taxes 2,567 (3,221)
Equity method investment activity, net of tax (602)  
Net income (loss) from continuing operations 20,323 (4,394)
Discontinued operations:    
Gain on sale of business, net of tax expense of $2,577 8,843  
Loss from discontinued operations, net of tax (1,850) (1,488)
Net income (loss) from discontinued operations 6,993 (1,488)
Net income (loss) 27,316 (5,882)
Net loss attributable to noncontrolling interest 14 23
Net income (loss) attributable to AeroVironment $ 27,330 $ (5,859)
Net income (loss) per share attributable to AeroVironment - Basic    
Basic, continuing (in dollars per share) $ 0.86 $ (0.19)
Basic, discontinuing (in dollars per share) 0.30 (0.06)
Net income (loss) per share attributable to AeroVironment - Basic (in dollars per share) 1.16 (0.25)
Diluted, continuing (in dollars per share) 0.85 (0.19)
Diluted, discontinued (in dollars per share) 0.29 (0.06)
Net income (loss) per share attributable to AeroVironment - Diluted (in dollars per share) $ 1.14 $ (0.25)
Weighted average shares outstanding:    
Basic (in shares) 23,574,595 23,336,305
Diluted (in shares) 24,010,303 23,336,305
Product sales    
Revenue:    
Revenue $ 55,313 $ 18,780
Cost of sales:    
Cost of sales 29,811 15,972
Gross margin:    
Total gross margin 25,502 2,808
Contract services    
Revenue:    
Revenue 22,730 15,581
Cost of sales:    
Cost of sales 15,643 9,691
Gross margin:    
Total gross margin $ 7,087 $ 5,890