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Business Acquisitions (Tables)
6 Months Ended
Oct. 26, 2019
Business Acquisitions  
Schedule of the fair value of the assets acquired and liabilities assumed at the acquisition date

The following table summarizes the provisional allocation of the purchase price over the estimated fair value of the assets and liabilities assumed in the acquisition of Pulse (in thousands):

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​

​

​

​

​

​

June 10,

​

​

​

2019

​

Technology

    

$

14,950

​

Goodwill

​

​

8,080

​

In-process R&D

​

​

1,370

​

Inventory

​

​

334

​

Non-compete agreements

​

​

320

​

Other assets, net of liabilities assumed

​

​

(614)

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Total net identified assets acquired

​

$

24,440

​

​

​

​

​

​

Fair value of consideration:

​

​

​

​

Cash

​

$

18,677

​

Holdback

​

​

1,250

​

Retention

​

​

250

​

Contingent consideration

​

​

4,263

​

Total

​

$

24,440

​

Schedule of unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred

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Three Months Ended

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Six Months Ended

 

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​

October 26,

​

October 27,

​

October 26,

​

October 27,

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​

    

2019

    

2018

​

2019

    

2018

 

Revenue

​

$

83,271

​

$

73,297

​

$

170,409

​

$

152,610

​

Net income attributable to AeroVironment

​

$

7,526

​

$

5,396

​

$

23,721

​

$

31,781

​