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Basis of Presentation (Tables)
9 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Disaggregation of Revenue by Segment and Products and Services

The following sets forth disaggregated reported revenue by segment and products and services for the three and nine months ended December 31, 2024 and 2023:

 

 

 

 

Three Months Ended December 31, 2024

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total
Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

758,985

 

 

$

50,385

 

 

$

809,370

 

Product revenues

 

 

61,362

 

 

 

253,035

 

 

 

314,397

 

Total revenues

 

$

820,347

 

 

$

303,420

 

 

$

1,123,767

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2024

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total
Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

2,273,490

 

 

$

154,915

 

 

$

2,428,405

 

Product revenues

 

 

200,029

 

 

 

744,055

 

 

 

944,084

 

Total revenues

 

$

2,473,519

 

 

$

898,970

 

 

$

3,372,489

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 2023

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total
Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

772,369

 

 

$

53,097

 

 

$

825,466

 

Product revenues

 

 

102,489

 

 

 

200,584

 

 

 

303,073

 

Total revenues

 

$

874,858

 

 

$

253,681

 

 

$

1,128,539

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2023

 

 

 

Communication Services

 

 

Defense and Advanced Technologies

 

 

Total
Revenues

 

 

 

(In thousands)

 

Service revenues

 

$

2,036,904

 

 

$

155,667

 

 

$

2,192,571

 

Product revenues

 

 

244,771

 

 

 

696,403

 

 

 

941,174

 

Total revenues

 

$

2,281,675

 

 

$

852,070

 

 

$

3,133,745

 

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of December 31, 2024 and March 31, 2024:

 

 

 

As of
 December 31, 2024

 

 

As of
 March 31, 2024

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

137,851

 

 

$

156,322

 

Collections in excess of revenues and deferred revenues

 

 

307,671

 

 

 

260,264

 

Deferred revenues, long-term portion

 

 

799,565

 

 

 

896,402