Organization and Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2019

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 revenue by category

	Year Ended
	April 30,		April 30,		April 30,
Revenue by major product line/program	2019		2018		2017
Small UAS	$	183,157	$	167,534	$	145,760
TMS		65,087		63,406		81,182
HAPS		55,407		29,593		3
Other		10,623		7,891		6,160
Total revenue	$	314,274	$	268,424	$	233,105

	Year Ended
	April 30,		April 30,		April 30,
Revenue by contract type	2019		2018		2017
FFP	$	224,090	$	212,976	$	177,506
CPFF		89,485		55,203		54,052
T&M		699		245		1,547
Total revenue	$	314,274	$	268,424	$	233,105

	Year Ended
	April 30,		April 30,		April 30,
Revenue by customer category	2019		2018		2017
U.S. government:	$	182,586	$	156,996	$	151,595
Non-U.S. government		131,688		111,428		81,510
Total revenue	$	314,274	$	268,424	$	233,105
	Year Ended
	April 30,		April 30,		April 30,
Revenue by geographic location	2019		2018		2017
Domestic	$	151,124	$	142,158	$	149,698
International		163,150		126,266		83,407
Total revenue	$	314,274	$	268,424	$	233,105

Schedule of reconciliation of basic to diluted shares

	Year Ended April 30,
	2019		2018		2017
Continuing operations attributable to AeroVironment	$	41,912,000	$	21,750,000	$	17,701,000
Discontinued operations, net of tax		5,526,000		(3,887,000)		(4,601,000)
Net income attributable to AeroVironment	$	47,438,000	$	17,863,000	$	13,100,000
Denominator for basic earnings per share:
Weighted average common shares		23,663,410		23,471,241		23,059,045
Dilutive effect of employee stock options, restricted stock and restricted stock units		408,303		342,531		248,693
Denominator for diluted earnings per share		24,071,713		23,813,772		23,307,738