Aerovironment, inc. (AVAV)
Income statement / Yearly
Apr'19Apr'18Apr'17Apr'16Apr'15Apr'14Apr'13Apr'12Apr'11Apr'10
Revenue:
Revenue

314,274

271,052

233,105

233,738

259,398

251,703

240,152

325,008

292,503

249,518

Cost of sales:
Cost of sales

185,871

162,164

136,232

128,164

155,130

158,090

147,616

195,675

175,352

152,692

Gross margin:
Total gross margin

128,403

108,888

96,873

105,574

104,268

93,613

92,536

129,333

117,151

96,826

Selling, general and administrative

60,343

50,826

47,642

50,463

55,763

55,679

51,520

55,280

47,431

42,429

Research and development

34,234

26,433

28,465

35,040

46,491

25,515

37,214

30,977

35,769

24,510

(Loss) income from continuing operations

33,826

31,629

20,766

20,071

2,014

12,419

3,802

43,076

33,951

29,887

Other income:
Interest income, net

4,672

2,240

1,618

1,032

882

855

726

462

277

195

Other income, net

11,980

-49

172

-2,589

-1,003

1,622

6,245

-

-

-

Income from continuing operations before income taxes

50,478

33,820

22,556

18,514

1,893

14,896

10,773

43,538

34,228

30,082

(Benefit from) provision for income taxes

4,641

10,177

4,758

2,983

-1,002

1,178

347

13,087

8,319

9,366

Equity method investment loss, net of tax

-3,944

-1,283

-119

-138

-

-

-

-

-

-

Net income from continuing operations

41,893

22,360

17,679

15,393

-

-

-

-

-

-

Discontinued operations:
Gain on sale of business, net of tax expense of $2,463

8,490

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-2,964

-

-4,601

-

-

-

-

-

-

-

Net (loss) income from discontinued operations

5,526

-2,508

-4,601

-6,427

-

-

-

-

-

-

Net (loss) income

47,419

19,852

13,078

8,966

2,895

-

-

-

-

-

Net loss attributable to noncontrolling interest

19

-216

22

-

-

-

-

-

-

-

Net (loss) income attributable to AeroVironment

47,438

20,068

13,100

8,966

2,895

13,718

10,426

30,451

25,909

20,716

Net (loss) income per share attributable to AeroVironment-Basic
Basic, continuing (in dollars per share)

1.77

0.97

0.77

0.67

-

-

-

-

-

-

Basic, discontinuing (in dollars per share)

0.23

-0.11

-0.20

-0.28

-

-

-

-

-

-

Net (loss) income per share attributable to AeroVironment-Basic (in dollars per share)

2.00

0.86

0.57

0.39

0.13

0.61

0.47

1.40

1.20

0.97

Net (loss) income per share attributable to AeroVironment-Diluted
Diluted, continuing (in dollars per share)

1.74

0.95

0.76

0.67

-

-

-

-

-

-

Diluted, discontinued (in dollars per share)

0.23

-0.11

-0.20

-0.28

-

-

-

-

-

-

Net (loss) income per share attributable to AeroVironment-Diluted

1.97

0.84

0.56

0.39

0.13

0.60

0.47

1.36

1.17

0.94

Weighted-average shares outstanding:
Basic (in shares)

23,663

23,471

23,059

22,936

22,868

22,354

22,069

21,783

21,591

21,391

Diluted (in shares)

24,071

23,813

23,307

23,153

23,145

22,719

22,390

22,315

22,081

21,977

Product sales
Revenue

212,089

195,330

158,924

162,032

205,027

194,996

139,813

179,537

137,724

103,268

Cost of sales

113,489

111,990

89,039

85,089

118,834

119,137

85,643

104,347

74,843

59,266

Total gross margin

98,600

83,340

69,885

76,943

86,193

75,859

-

-

-

-

Contract services
Revenue

102,185

75,722

74,181

71,706

54,371

56,707

100,339

145,471

154,779

146,250

Cost of sales

72,382

50,174

47,193

43,075

36,296

38,953

61,973

91,328

100,509

93,426

Total gross margin

29,803

25,548

26,988

28,631

18,075

17,754

-

-

-

-