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Basis of Presentation (Tables)
9 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Summary of Disaggregation of Revenue by Segment and Product and Services

The following sets forth disaggregated reported revenue by segment and product and services for the three and nine months ended December 31, 2021 and 2020:

 

 

 

 

Three Months Ended December 31, 2021

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total
Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

123,059

 

 

$

193,084

 

 

$

316,143

 

Service revenues

 

 

309,711

 

 

 

16,618

 

 

 

77,245

 

 

 

403,574

 

Total revenues

 

$

309,711

 

 

$

139,677

 

 

$

270,329

 

 

$

719,717

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2021

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total
Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

343,525

 

 

$

574,548

 

 

$

918,073

 

Service revenues

 

 

883,938

 

 

 

49,554

 

 

 

234,366

 

 

 

1,167,858

 

Total revenues

 

$

883,938

 

 

$

393,079

 

 

$

808,914

 

 

$

2,085,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 2020

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total
Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

75,690

 

 

$

190,824

 

 

$

266,514

 

Service revenues

 

 

220,789

 

 

 

14,409

 

 

 

73,847

 

 

 

309,045

 

Total revenues

 

$

220,789

 

 

$

90,099

 

 

$

264,671

 

 

$

575,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2020

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total
Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

197,560

 

 

$

575,568

 

 

$

773,128

 

Service revenues

 

 

638,660

 

 

 

38,561

 

 

 

209,976

 

 

 

887,197

 

Total revenues

 

$

638,660

 

 

$

236,121

 

 

$

785,544

 

 

$

1,660,325

 

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of December 31, 2021 and March 31, 2021:

 

 

 

As of
 December 31, 2021

 

 

As of
 March 31, 2021

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

102,110

 

 

$

70,785

 

Collections in excess of revenues and deferred revenues

 

 

180,854

 

 

 

216,594

 

Deferred revenues, long-term portion

 

 

89,083

 

 

 

84,654