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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 29, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 101,417 $ 77,231
Short-term investments   24,716
Accounts receivable, net of allowance for doubtful accounts of $74 at October 29, 2022 and $592 at April 30, 2022 31,664 60,170
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022) 92,457 104,194
Inventories, net 109,810 90,629
Income taxes receivable 8,940 442
Prepaid expenses and other current assets 13,244 11,527
Total current assets 357,532 368,909
Long-term investments 22,462 15,433
Property and equipment, net 52,415 62,296
Operating lease right-of-use assets 25,580 26,769
Deferred income taxes 8,098 7,290
Intangibles, net 88,660 97,224
Goodwill 334,963 334,347
Other assets 1,972 1,932
Total assets 891,682 914,200
Current liabilities:    
Accounts payable 26,317 19,244
Wages and related accruals 25,049 25,398
Customer advances 7,074 8,968
Current portion of long-term debt 10,000 10,000
Current operating lease liabilities 7,564 6,819
Income taxes payable 26 759
Other current liabilities 27,824 30,203
Total current liabilities 103,854 101,391
Long-term debt, net of current portion 155,622 177,840
Non-current operating lease liabilities 20,043 21,915
Other non-current liabilities 748 768
Liability for uncertain tax positions 1,450 1,450
Deferred income taxes 2,482 2,626
Commitments and contingencies
Stockholders' equity:    
Authorized shares-10,000,000; none issued or outstanding at October 29, 2022 and April 30, 2022
Issued and outstanding shares-25,157,618 shares at October 29, 2022 and 24,951,287 shares at April 30, 2022 4 2
Additional paid-in capital 283,789 267,248
Accumulated other comprehensive loss (8,480) (6,514)
Retained earnings 332,170 347,233
Total AeroVironment, Inc. stockholders' equity 607,483 607,969
Noncontrolling interest   241
Total equity 607,483 608,210
Total liabilities and stockholders' equity $ 891,682 $ 914,200