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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 27, 2018
Apr. 30, 2018
Oct. 28, 2017
Apr. 30, 2017
Current assets:        
Cash and cash equivalents $ 151,255 $ 143,517 $ 117,109 $ 79,904
Short-term investments 138,536 113,649    
Accounts receivable, net of allowance for doubtful accounts of $1,054 at October 27, 2018 and $1,080 at April 30, 2018 34,639 56,813    
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $7,764 at October 27, 2018 and $3,145 at April 30, 2018) 45,654 16,872    
Inventories, net 46,096 37,425    
Prepaid expenses and other current assets 5,732 5,103    
Current assets of discontinued operations   25,668    
Total current assets 421,912 399,047    
Long-term investments 30,459 40,656    
Property and equipment, net 20,460 19,219    
Deferred income taxes 12,108 11,494    
Other assets 1,628 3,002    
Total assets 486,567 473,418    
Current liabilities:        
Accounts payable 14,149 21,340    
Wages and related accruals 11,071 16,851    
Income taxes payable 4,851 4,085    
Customer advances 2,449 3,564    
Other current liabilities 6,971 6,954    
Current liabilities of discontinued operations   9,294    
Total current liabilities 39,491 62,088    
Deferred rent 1,478 1,536    
Other non-current liabilities 1,306 622    
Deferred tax liability 67 67    
Liability for uncertain tax positions 49 49    
Commitments and contingencies    
Stockholders' equity:        
Authorized shares—10,000,000; none issued or outstanding at October 27, 2018 and April 30, 2018    
Issued and outstanding shares—23,928,373 shares at October 27, 2018 and 23,908,736 at April 30, 2018 2 2    
Additional paid-in capital 171,867 170,139    
Accumulated other comprehensive income (loss) 5 (21)    
Retained earnings 272,300 238,913    
Total AeroVironment stockholders' equity 444,174 409,033    
Noncontrolling interest 2 23    
Total equity 444,176 409,056    
Total liabilities and stockholders' equity $ 486,567 $ 473,418