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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 30, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 93,183 $ 77,231
Short-term investments 12,655 24,716
Accounts receivable, net of allowance for doubtful accounts of $615 at July 30, 2022 and $592 at April 30, 2022 52,062 60,170
Unbilled receivables and retentions 89,397 104,194
Inventories 98,603 90,629
Income taxes receivable   442
Prepaid expenses and other current assets 11,368 11,527
Total current assets 357,268 368,909
Long-term investments 17,707 15,433
Property and equipment, net 61,862 62,296
Operating lease right-of-use assets 25,385 26,769
Deferred income taxes 7,671 7,290
Intangibles, net 91,009 97,224
Goodwill 333,791 334,347
Other assets 1,961 1,932
Total assets 896,654 914,200
Current liabilities:    
Accounts payable 21,945 19,244
Wages and related accruals 17,403 25,398
Customer advances 10,258 8,968
Current portion of long-term debt 10,000 10,000
Current operating lease liabilities 7,029 6,819
Income taxes payable 2,962 759
Other current liabilities 26,279 30,203
Total current liabilities 95,876 101,391
Long-term debt, net of current portion 175,481 177,840
Non-current operating lease liabilities 20,371 21,915
Other non-current liabilities 759 768
Liability for uncertain tax positions 1,450 1,450
Deferred income taxes 2,547 2,626
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at July 30, 2022 and April 30, 2022
Issued and outstanding shares-24,990,590 shares at July 30, 2022 and 24,951,287 shares at April 30, 2022 2 2
Additional paid-in capital 268,641 267,248
Accumulated other comprehensive loss (7,558) (6,514)
Retained earnings 338,838 347,233
Total AeroVironment, Inc. stockholders' equity 599,923 607,969
Noncontrolling interest 247 241
Total equity 600,170 608,210
Total liabilities and stockholders' equity $ 896,654 $ 914,200