Composition of Certain Balance Sheet Captions

6 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Balance Sheet Captions

Note 2 — Composition of Certain Balance Sheet Captions

	As of  September 30, 2024			As of  March 31, 2024
	(In thousands)
Accounts receivable, net:
Billed	$	554,229		$	545,081
Unbilled		189,040			156,322
Allowance for doubtful accounts		(26,019	)		(23,193	)
	$	717,250		$	678,210
Inventories:
Raw materials	$	113,526		$	89,778
Work in process		23,090			31,884
Finished goods		190,392			196,216
	$	327,008		$	317,878
Prepaid expenses and other current assets:
Insurance receivable		64,000		$	261,500
Prepaid expenses		249,562			185,892
Other		173,497			134,391
	$	487,059		$	581,783
Property, equipment and satellites, net:
Equipment and software (estimated useful life of 3-7 years)	$	3,586,067		$	2,992,325
CPE leased equipment (estimated useful life of 4-7 years)		540,784			567,548
Furniture and fixtures (estimated useful life of 7 years)		65,426			65,433
Leasehold improvements (estimated useful life of 2-20 years)		284,406			209,162
Buildings (estimated useful life of 12-38 years)		16,725			16,647
Land		20,857			20,787
Construction in progress		879,987			1,301,376
Satellites (estimated useful life of 7-17 years)		3,407,736			3,324,458
Satellite Ka-band capacity obtained under finance leases (estimated useful life of 7-11 years)		177,576			177,576
Satellites under construction		2,084,077			1,976,469
		11,063,641			10,651,781
Less: accumulated depreciation and amortization		(3,577,296	)		(3,094,575	)
	$	7,486,345		$	7,557,206
Other acquired intangible assets, net:
Contracts and customer relationships (weighted average useful life of 11 years)	$	1,438,162		$	1,437,738
Orbital slots and spectrum assets (weighted average useful life of 12 years)		1,088,600			1,088,600
Technology (weighted average useful life of 7 years)		250,791			251,889
Trade names (weighted average useful life of 8 years)		117,086			117,280
Other (weighted average useful life of 11 years)		22,040			21,792
		2,916,679			2,917,299
Less: accumulated amortization		(505,827	)		(372,832	)
	$	2,410,852		$	2,544,467
Other assets:
Deferred income taxes	$	162,123		$	163,590
Capitalized software costs, net		248,970			240,597
Patents, orbital slots and other licenses, net		117,132			112,535
Other		231,436			217,225
	$	759,661		$	733,947
Accrued and other liabilities:
Collections in excess of revenues and deferred revenues	$	294,388		$	260,264
Accrued employee compensation		131,860			177,854
Accrued vacation		48,993			48,636
Operating lease liabilities		69,174			71,561
Interest payable		113,147			127,098
Other		241,353			265,208
	$	898,915		$	950,621
Other liabilities:
Deferred revenues, long-term portion	$	859,783		$	896,402
Deferred income taxes		1,222,982			1,228,270
Other		322,978			327,428
	$	2,405,743		$	2,452,100