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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Summary of Deferred Revenues Deferred revenue as of December 31, 2018 and 2017 consisted of the following

 

 

December 31,

 

 

 

2018

 

 

2017

 

Service activation fees

 

$

2,813

 

 

$

5,509

 

Prepaid services

 

 

7,816

 

 

 

2,754

 

Extended warranty revenues

 

 

796

 

 

 

459

 

 

 

 

11,425

 

 

 

8,722

 

Less current portion

 

 

(5,954

)

 

 

(6,263

)

Long-term portion

 

$

5,471

 

 

$

2,459

 

 

Components of Revenue from Contracts with Customers

The following table summarizes the components of revenue from contracts with customers, as well as revenue recognized under ASC 840:

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

Recurring service revenues

 

$

148,367

 

 

$

126,540

 

 

$

106,515

 

Other service revenues

 

 

5,222

 

 

 

8,398

 

 

 

6,366

 

Total service revenues

 

 

153,589

 

 

 

134,938

 

 

 

112,881

 

Product sales

 

 

117,018

 

 

 

112,942

 

 

 

73,863

 

Total revenue from contracts with customers

 

 

270,607

 

 

 

247,880

 

 

 

186,744

 

Product sales recognized under ASC 840

 

 

5,533

 

 

 

6,340

 

 

 

 

Total revenues

 

$

276,140

 

 

$

254,220

 

 

$

186,744

 

Summary of carrying and fair values of senior secured notes

The carrying amounts and fair values of the Company’s Senior Secured Notes are shown in the following table:

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Carrying

Amount

 

 

Fair

Value

 

Senior Secured Notes

 

$

250,000

 

 

$

255,000

 

 

$

250,000

 

 

$

266,550

 

Summary of Estimated Useful Lives of Assets The following table provides the range of estimated useful lives used for each asset type:

 

 

 

Useful Life

(years)

 

Satellite network

 

 

10

 

Capitalized software

 

3-7

 

Computer hardware

 

 

3

 

Other

 

2-7