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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 27, 2019
Apr. 30, 2019
Current assets:    
Cash and cash equivalents $ 137,094 $ 172,708
Short-term investments 163,634 150,487
Accounts receivable, net of allowance for doubtful accounts of $1,053 at July 27, 2019 and $1,041 at April 30, 2019 42,724 31,051
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $12,649 at July 27, 2019 and $9,028 at April 30, 2019) 47,935 53,047
Inventories 56,336 54,056
Prepaid expenses and other current assets 7,606 7,418
Income taxes receivable   821
Total current assets 455,329 469,588
Long-term investments 4,887 9,386
Property and equipment, net 17,747 16,905
Operating lease right-of-use assets 9,917  
Deferred income taxes 7,699 6,685
Intangibles, net 16,727 459
Goodwill 8,080  
Other assets 14,196 5,821
Total assets 534,582 508,844
Current liabilities:    
Accounts payable 11,450 15,972
Wages and related accruals 12,085 18,507
Customer advances 3,268 2,962
Current operating lease liabilities 2,771  
Income taxes payable 1,367  
Other current liabilities 12,167 7,425
Total current liabilities 43,108 44,866
Deferred rent   1,173
Non-current operating lease liabilities 7,597  
Other non-current liabilities 2,298 150
Deferred tax liability 29 29
Liability for uncertain tax positions 51 51
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at July 27, 2019 and April 30, 2019
Issued and outstanding shares-23,990,459 shares at July 27, 2019 and 23,946,293 shares at April 30, 2019 2 2
Additional paid-in capital 177,207 176,216
Accumulated other comprehensive loss 171 2
Retained earnings 304,126 286,351
Total AeroVironment stockholders' equity 481,506 462,571
Noncontrolling interest (7) 4
Total equity 481,499 462,575
Total liabilities and stockholders' equity $ 534,582 $ 508,844