Organization and Significant Accounting Policies (Tables)

6 Months Ended

Oct. 27, 2018

Organization and Significant Accounting Policies

Schedule of revenue by category

	Three Months Ended				Six Months Ended
	October 27,		October 28,		October 27,		October 28,
Revenue by major product line/program	2018		2017		2018		2017
Small UAS	$	42,199	$	47,021	$	83,415	$	67,082
TMS		15,019		9,366		37,785		18,931
HAPS		12,832		7,071		24,395		9,622
Other		2,929		2,343		5,427		4,527
Total revenue	$	72,979	$	65,801	$	151,022	$	100,162

	Three Months Ended				Six Months Ended
	October 27,		October 28,		October 27,		October 28,
Revenue by contract type	2018		2017		2018		2017
FFP	$	50,054	$	56,761	$	108,057	$	82,615
CPFF		22,870		8,948		42,853		17,321
T&M		55		92		112		226
Total revenue	$	72,979	$	65,801	$	151,022	$	100,162

	Three Months Ended				Six Months Ended
	October 27,		October 28,		October 27,		October 28,
Revenue by customer category	2018		2017		2018		2017
U.S. government:	$	46,941	$	40,578	$	82,849	$	63,471
Non-U.S. government		26,038		25,223		68,173		36,691
Total revenue	$	72,979	$	65,801	$	151,022	$	100,162
	Three Months Ended				Six Months Ended
	October 27,		October 28,		October 27,		October 28,
Revenue by geographic location	2018		2017		2018		2017
Domestic	$	46,726	$	39,170	$	82,078	$	60,740
International		26,253		26,631		68,944		39,422
Total revenue	$	72,979	$	65,801	$	151,022	$	100,162

Schedule of reconciliation of basic to diluted shares

The reconciliation of basic to diluted shares is as follows (in thousands except share data):

		Three Months Ended				Six Months Ended
Income (loss) from	October 27, 2018		October 28, 2017		October 27, 2018		October 28, 2017
Continuing operations attributable to AeroVironment	$	7,047	$	7,756	$	27,384	$	3,385
Discontinued operations, net of tax		(990)		(33)		6,003		(1,521)
Net income attributable to AeroVironment	$	6,057	$	7,723	$	33,387	$	1,864
Denominator for basic earnings per share:
Weighted average common shares		23,667,400		23,477,914		23,621,720		23,407,500
Dilutive effect of employee stock options, restricted stock and restricted stock units		431,433		355,045		437,674		308,497
Denominator for diluted earnings per share		24,098,833		23,832,959		24,059,394		23,715,997