XML 67 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Tables)
9 Months Ended
Dec. 30, 2011
Segment Information [Abstract]  
Segment revenues, operating profits (losses) and assets

As discussed further in Note 1, included in the government systems segment operating profit for the nine months ended December 31, 2010 is an $8.5 million forward loss recorded on a government satellite communications program. Segment revenues and operating profits (losses) for the three and nine months ended December 30, 2011 and December 31, 2010 were as follows:

 

                                 
    Three Months Ended     Nine Months Ended  
    December 30, 2011     December 31, 2010     December 30, 2011     December 31, 2010  
    (In thousands)  

Revenues

                               

Government Systems

                               

Product

  $ 72,036     $ 89,640     $ 233,256     $ 258,002  

Service

    22,829       7,921       51,188       23,341  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    94,865       97,561       284,444       281,343  

Commercial Networks

                               

Product

    49,092       34,849       155,451       116,898  

Service

    5,357       4,199       15,266       12,081  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    54,449       39,048       170,717       128,979  

Satellite Services

                               

Product

    734       1,945       2,312       4,122  

Service

    54,916       57,387       165,616       171,390  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    55,650       59,332       167,928       175,512  

Elimination of intersegment revenues

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenues

  $ 204,964     $ 195,941     $ 623,089     $ 585,834  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Operating profits (losses)

                               

Government Systems

  $ 13,062     $ 8,166     $ 34,775     $ 22,632  

Commercial Networks

    (5,159     (4,160     (11,270     (7,677

Satellite Services

    (1,359     7,929       (1,165     27,096  

Elimination of intersegment operating profits

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Segment operating profit before corporate and amortization of acquired intangible assets

    6,544       11,935       22,340       42,051  

Corporate

    —         —         —         44  

Amortization of acquired intangible assets

    (4,752     (4,923     (14,291     (14,627
   

 

 

   

 

 

   

 

 

   

 

 

 

Income from operations

  $ 1,792     $ 7,012     $ 8,049     $ 27,468  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

Assets identifiable to segments include: accounts receivable, unbilled accounts receivable, inventory, acquired intangible assets and goodwill. The Company’s property, plant and equipment, including its satellites, gateways and other networking equipment, are assigned to corporate assets as they are available for use by the various segments throughout their estimated useful lives. Segment assets as of December 30, 2011 and April 1, 2011 were as follows:

 

                 
    As of
December 30, 2011
    As of
April 1, 2011
 
    (In thousands)  

Segment assets

               

Government Systems

  $ 225,226     $ 228,194  

Commercial Networks

    143,394       133,158  

Satellite Services

    95,325       93,857  
   

 

 

   

 

 

 

Total segment assets

    463,945       455,209  

Corporate assets

    1,115,718       950,539  
   

 

 

   

 

 

 

Total assets

  $ 1,579,663     $ 1,405,748  
   

 

 

   

 

 

 
Other net acquired intangible assets and goodwill included in segment assets

Other acquired intangible assets, net and goodwill included in segment assets as of December 30, 2011 and April 1, 2011 were as follows:

 

                                 
    Other Acquired Intangible
Assets, Net
    Goodwill  
    December 30, 2011     April 1, 2011     December 30, 2011     April 1, 2011  
    (In thousands)  

Government Systems

  $ 8,845     $ 11,157     $ 29,680     $ 30,023  

Commercial Networks

    2,754       5,391       43,662       43,700  

Satellite Services

    55,627       65,341       9,809       9,809  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 67,226     $ 81,889     $ 83,151     $ 83,532  
   

 

 

   

 

 

   

 

 

   

 

 

 
Amortization of acquired intangibles by segment

Amortization of acquired intangible assets by segment for the three and nine months ended December 30, 2011 and December 31, 2010 was as follows:

 

                                 
    Three Months Ended     Nine Months Ended  
    December 30, 2011     December 31, 2010     December 30, 2011     December 31, 2010  
    (In thousands)  

Government Systems

  $ 631     $ 714     $ 1,927     $ 1,806  

Commercial Networks

    883       971       2,650       3,107  

Satellite Services

    3,238       3,238       9,714       9,714  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total amortization of acquired intangible assets

  $ 4,752     $ 4,923     $ 14,291     $ 14,627  
   

 

 

   

 

 

   

 

 

   

 

 

 
Revenue information by geographic area

Revenue information by geographic area for the three and nine months ended December 30, 2011 and December 31, 2010 was as follows:

 

                                 
    Three Months Ended     Nine Months Ended  
    December 30, 2011     December 31, 2010     December 30, 2011     December 31, 2010  
    (In thousands)  

United States

  $ 165,660     $ 165,763     $ 495,621     $ 493,863  

Europe, Middle East and Africa

    25,107       20,301       82,347       62,502  

Asia, Pacific

    4,586       5,870       16,583       18,715  

North America other than United States

    7,763       2,370       17,476       5,469  

Central and Latin America

    1,848       1,637       11,062       5,285  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenues

  $ 204,964     $ 195,941     $ 623,089     $ 585,834