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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
6 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Cash flows from operating activities:    
Net income (loss) $ (842,665) $ (68,595)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 368,572 204,599
Amortization of intangible assets 139,772 43,888
Stock-based compensation expense 43,470 43,806
Satellite impairment and disposition of fixed assets losses, net 835,900 25,406
Deferred income taxes and other non-cash adjustments (86,749) 65,250
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of effect of acquisition:    
Accounts receivable (44,050) (42,625)
Inventories (45,707) (40,190)
Other assets (13,277) 8,382
Accounts payable 36,175 13,222
Accrued liabilities (7,242) 3,299
Other liabilities (61,557) (28,310)
Net cash provided by (used in) operating activities 322,642 228,132
Cash flows from investing activities:    
Purchase of property, equipment and satellites, and other assets (740,664) (554,813)
Payment related to acquisition of a business, net of cash acquired (342,621)  
Proceeds from sale of short-term investments 134,266  
Payments to acquire short-term investments (52,000)  
Net cash provided by (used in) investing activities (1,001,019) (554,813)
Cash flows from financing activities:    
Proceeds from debt borrowings 1,334,683 275,000
Payments on debt borrowings (27,979) (82,348)
Payments of debt issuance costs (47,963) (1,511)
Proceeds from issuance of common stock under equity plans 10,130 9,626
Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation (2,565) (832)
Repurchase of shares by majority-owned subsidiary   (30,000)
Other financing activities 2,186 (1,540)
Net cash provided by (used in) financing activities 1,268,492 168,395
Effect of exchange rate changes on cash (734) (3,001)
Net increase (decrease) in cash and cash equivalents and restricted cash 589,381 (161,287)
Cash and cash equivalents and restricted cash at beginning of period 1,379,386 310,459
Cash and cash equivalents and restricted cash at end of period 1,968,767 149,172
Non-cash investing and financing activities:    
Issuance of common stock in satisfaction of certain accrued compensation liabilities 31,173 27,619
Right-of-use assets obtained in exchange for operating lease liabilities 13,848 3,499
Capital expenditures not paid for during the period 6,369 $ 45,688
Debt issuance costs not paid for 2,151  
Inmarsat [Member]    
Non-cash investing and financing activities:    
Issuance of common stock in connection with acquisition $ 2,123,455