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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
9 Months Ended
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Cash flows from operating activities:    
Net income $ 19,172 $ 2,624
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 304,145 241,935
Amortization of intangible assets 65,343 50,181
Stock-based compensation expense 64,676 64,967
Loss on disposition of fixed assets 32,383 29,841
Other non-cash adjustments (932) 3,611
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable (58,166) 123,374
Inventories (14,717) (39,988)
Other assets 25,141 24,017
Accounts payable 49,718 (39,004)
Accrued liabilities (59,135) 102,603
Other liabilities (41,250) (6,787)
Net cash provided by operating activities 386,378 557,374
Cash flows from investing activities:    
Purchase of property, equipment and satellites (671,207) (655,672)
Cash paid for patents, licenses and other assets (41,041) (47,164)
Payments related to acquisition of businesses, net of cash acquired (138,668)  
Net cash used in investing activities (850,916) (702,836)
Cash flows from financing activities:    
Proceeds from debt borrowings 440,000 400,000
Payments of debt borrowings (97,784) (414,604)
Payment of debt issuance costs   (5,060)
Proceeds from issuance of common stock under equity plans 20,549 19,101
Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation (22,165) (13,013)
Proceeds from common stock issued in private placement, net of issuance costs   174,749
Other financing activities (2,340) (4,280)
Net cash provided by financing activities 338,260 156,893
Effect of exchange rate changes on cash (3,639) 1,604
Net (decrease) increase in cash and cash equivalents (129,917) 13,035
Cash and cash equivalents at beginning of period 295,949 304,309
Cash and cash equivalents at end of period 166,032 317,344
Non-cash investing and financing activities:    
Capital expenditures not paid for 73,705 22,224
Right-of-use assets obtained in exchange for operating lease liabilities 36,422 $ 55,717
RigNet, Inc [Member]    
Non-cash investing and financing activities:    
Issuance of common stock in connection with acquisition $ 207,169