Segment Information (Tables)

9 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Segment Revenues and Operating Profits (Losses)

Segment revenues and operating profits (losses) for the three and nine months ended December 31, 2024 and 2023 were as follows:

	Three Months Ended						Nine Months Ended
	December 31, 2024			December 31, 2023			December 31, 2024			December 31, 2023
	(In thousands)
Revenues:
Communication services
Aviation services	$	263,880		$	236,008		$	783,022		$	611,169
Government satcom services		195,048			176,311			558,796			428,778
Maritime services		118,895			130,121			364,021			305,894
Fixed services and other services		181,162			229,929			567,651			691,063
Total services		758,985			772,369			2,273,490			2,036,904
Total products		61,362			102,489			200,029			244,771
Total communication services revenues		820,347			874,858			2,473,519			2,281,675
Defense and advanced technologies
Total services		50,385			53,097			154,915			155,667
Information security and cyber defense products		89,497			72,115			228,552			211,169
Space and mission systems products		77,752			65,182			229,840			229,875
Tactical networking products		78,528			57,676			229,972			137,505
Advanced technologies and other products		7,258			5,611			55,691			117,854
Total products		253,035			200,584			744,055			696,403
Total defense and advanced technologies revenues		303,420			253,681			898,970			852,070
Elimination of intersegment revenues		—			—			—			—
Total revenues	$	1,123,767		$	1,128,539		$	3,372,489		$	3,133,745
Operating profits (losses):
Communication services	$	44,357		$	36,049		$	85,829		$	(805,080	)
Defense and advanced technologies		42,738			11,752			168,562			115,883
Elimination of intersegment operating profits (losses)		—			—			—			—
Segment operating profit (loss) before corporate    and amortization of acquired intangible assets		87,095			47,801			254,391			(689,197	)
Corporate		—			—			—			—
Amortization of acquired intangible assets		(65,847	)		(91,719	)		(198,086	)		(200,904	)
Income (loss) from operations	$	21,248		$	(43,918	)	$	56,305		$	(890,101	)

Segment Assets

Segment assets as of December 31, 2024 and March 31, 2024 were as follows:

	As of  December 31, 2024		As of  March 31, 2024
	(In thousands)
Segment assets:
Communication services	$	4,543,153	$	4,819,535
Defense and advanced technologies		382,941		341,450
Total segment assets		4,926,094		5,160,985
Corporate assets		10,674,257		11,168,379
Total assets	$	15,600,351	$	16,329,364

Other Acquired Intangible Assets, Net, Goodwill Included in Segment Assets and Depreciation and Amortization of Acquired Intangible Assets by Segment

Other acquired intangible assets, net and goodwill included in segment assets as of December 31, 2024 and March 31, 2024 were as follows:

	Other Acquired Intangible Assets, Net				Goodwill
	As of  December 31, 2024		As of  March 31, 2024		As of  December 31, 2024		As of  March 31, 2024
	(In thousands)
Communication services	$	2,338,088	$	2,544,315	$	1,580,480	$	1,581,937
Defense and advanced technologies		—		152		39,787		39,826
Total	$	2,338,088	$	2,544,467	$	1,620,267	$	1,621,763

Depreciation and amortization of intangible assets allocated to segments for the three and nine months ended December 31, 2024 and 2023 was as follows:

	Three Months Ended				Nine Months Ended
	December 31, 2024		December 31, 2023		December 31, 2024		December 31, 2023
	(In thousands)
Communication services	$	254,962	$	231,274	$	776,134	$	604,738
Defense and advanced technologies		16,946		13,633		49,405		39,328
Corporate (1)		65,847		91,719		198,086		200,904
Total depreciation and amortization of    intangible assets	$	337,755	$	336,626	$	1,023,625	$	844,970

(1)Corporate amounts include the amortization of acquired intangible assets as they are not considered part of management’s evaluation of segment performance.

Revenues by Geographic Area

Revenues by geographic area for the three and nine months ended December 31, 2024 and 2023 were as follows:

	Three Months Ended		Nine Months Ended
	December 31, 2024		December 31, 2024
	(In thousands)
U.S. customers	$	774,383	$	2,327,663
Non-U.S. customers (each country individually insignificant)		349,384		1,044,826
Total revenues	$	1,123,767	$	3,372,489
	Three Months Ended		Nine Months Ended
	December 31, 2023		December 31, 2023
	(In thousands)
U.S. customers	$	769,135	$	2,239,718
Non-U.S. customers (each country individually insignificant)		359,404		894,027
Total revenues	$	1,128,539	$	3,133,745