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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 25, 2020
Jan. 26, 2019
Jan. 25, 2020
Jan. 26, 2019
Revenue:        
Total revenue $ 61,891 $ 75,322 $ 232,073 $ 226,344
Cost of sales:        
Cost of sales 38,395 44,930 132,139 134,964
Gross margin:        
Total gross margin 23,496 30,392 99,934 91,380
Selling, general and administrative 13,223 14,464 43,146 40,066
Research and development 11,381 8,087 30,948 22,631
(Loss) income from continuing operations (1,108) 7,841 25,840 28,683
Other income:        
Interest income, net 1,122 1,272 3,717 3,246
Other income, net 120 962 632 10,641
Income from continuing operations before income taxes 134 10,075 30,189 42,570
(Benefit from) provision for income taxes (38) 946 3,203 4,724
Equity method investment loss, net of tax (1,200) (717) (3,410) (2,071)
Net income from continuing operations (1,028) 8,412 23,576 35,775
Discontinued operations:        
Gain on sale of business, net of tax expense of $2,463       8,452
Loss from discontinued operations, net of tax   (62)   (2,511)
Net (loss) income from discontinued operations   (62)   5,941
Net (loss) income (1,028) 8,350 23,576 41,716
Net loss attributable to noncontrolling interest 20 19 27 40
Net (loss) income attributable to AeroVironment $ (1,008) $ 8,369 $ 23,603 $ 41,756
Net (loss) income per share attributable to AeroVironment-Basic        
Basic, continuing (in dollars per share) $ (0.04) $ 0.35 $ 0.99 $ 1.52
Basic, discontinuing (in dollars per share)       0.25
Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share) (0.04) 0.35 0.99 1.77
Net (loss) income per share attributable to AeroVironment-Diluted        
Diluted, continuing (in dollars per share) (0.04) 0.35 0.98 1.49
Diluted, discontinued (in dollars per share)       0.25
Net (loss) income per share attributable to AeroVironment-Diluted $ (0.04) $ 0.35 $ 0.98 $ 1.74
Weighted-average shares outstanding:        
Basic (in shares) 23,821,145 23,687,672 23,790,788 23,643,866
Diluted (in shares) 23,821,145 24,081,819 24,076,195 24,064,008
Product sales        
Revenue:        
Revenue $ 36,432 $ 50,024 $ 159,657 $ 152,393
Cost of sales:        
Cost of sales 21,034 26,780 82,244 83,158
Gross margin:        
Total gross margin 15,398 23,244 77,413 69,235
Contract services        
Revenue:        
Revenue 25,459 25,298 72,416 73,951
Cost of sales:        
Cost of sales 17,361 18,150 49,895 51,806
Gross margin:        
Total gross margin $ 8,098 $ 7,148 $ 22,521 $ 22,145