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Segment Information
3 Months Ended
Jun. 29, 2012
Segment Information [Abstract]  
Segment Information

Note 11 — Segment Information

The Company’s reporting segments, comprised of the satellite services, commercial networks and government systems segment, are primarily distinguished by the type of customer and the related contractual requirements. The Company’s satellite services segment provides retail and wholesale satellite-based broadband internet services for its consumer, enterprise and mobile broadband customers in the United States, as well as managed network services for the satellite communication systems of the Company’s consumer, enterprise and mobile broadband customers worldwide. The Company’s commercial networks segment develops and produces a variety of advanced end-to-end satellite and other wireless communication systems and ground networking equipment and products, some of which are ultimately used by the Company’s satellite services segment. The Company’s government systems segment develops and produces network-centric, IP-based secure government communications systems, products, services and solutions. The more regulated government environment is subject to unique contractual requirements and possesses economic characteristics which differ from the satellite services and commercial networks segments. The Company’s segments are determined consistent with the way management currently organizes and evaluates financial information internally for making operating decisions and assessing performance.

Segment revenues and operating profits (losses) for the three months ended June 29, 2012 and July 1, 2011 were as follows:

 

                 
    Three Months Ended  
    June 29, 2012     July 1, 2011  
    (In thousands)  

Revenues

               

Satellite Services

               

Product

  $ 531     $ 651  

Service

    58,788       56,212  
   

 

 

   

 

 

 

Total

    59,319       56,863  

Commercial Networks

               

Product

    70,762       47,296  

Service

    5,373       4,773  
   

 

 

   

 

 

 

Total

    76,135       52,069  

Government Systems

               

Product

    76,436       74,599  

Service

    29,873       11,570  
   

 

 

   

 

 

 

Total

    106,309       86,169  

Elimination of intersegment revenues

    —         —    
   

 

 

   

 

 

 

Total revenues

  $ 241,763     $ 195,101  
   

 

 

   

 

 

 

Operating (losses) profits

               

Satellite Services

  $ (22,516   $ 1,933  

Commercial Networks

    (2,069     (3,240

Government Systems

    14,860       7,380  

Elimination of intersegment operating profits

    —         —    
   

 

 

   

 

 

 

Segment operating (loss) profit before corporate and amortization of acquired intangible assets

    (9,725     6,073  

Corporate

    —         —    

Amortization of acquired intangible assets

    (4,064     (4,772
   

 

 

   

 

 

 

(Loss) income from operations

  $ (13,789   $ 1,301  
   

 

 

   

 

 

 

 

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 June 29, 2012 and March 30, 2012 were as follows:

 

                 
    As of
June
29, 2012
    As of
March
30, 2012
 
    (In thousands)  

Segment assets

               

Satellite Services

  $ 97,386     $ 95,671  

Commercial Networks

    182,421       170,553  

Government Systems

    221,339       219,199  
   

 

 

   

 

 

 

Total segment assets

    501,146       485,423  

Corporate assets

    1,220,471       1,241,730  
   

 

 

   

 

 

 

Total assets

  $ 1,721,617     $ 1,727,153  
   

 

 

   

 

 

 

Other acquired intangible assets, net and goodwill included in segment assets as of June 29, 2012 and March 30, 2012 were as follows:

 

                                 
    Other Acquired Intangible
Assets, Net
    Goodwill  
    As of
June 29, 2012
    As of
March 30, 2012
    As of
June 29, 2012
    As of
March 30, 2012
 
    (In thousands)  

Satellite Services

  $ 49,152     $ 52,390     $ 9,809     $ 9,809  

Commercial Networks

    2,002       2,186       43,623       43,739  

Government Systems

    7,661       8,465       29,739       29,913  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 58,815     $ 63,041     $ 83,171     $ 83,461  
   

 

 

   

 

 

   

 

 

   

 

 

 

Amortization of acquired intangible assets by segment for the three months ended June 29, 2012 and July 1, 2011 was as follows:

 

                 
    Three Months Ended  
    June 29, 2012     July 1, 2011  
    (In thousands)  

Satellite Services

  $ 3,238     $ 3,238  

Commercial Networks

    184       883  

Government Systems

    642       651  
   

 

 

   

 

 

 

Total amortization of acquired intangible assets

  $ 4,064     $ 4,772  
   

 

 

   

 

 

 

Revenue information by geographic area for the three months ended June 29, 2012 and July 1, 2011 was as follows:

 

                 
    Three Months Ended  
    June 29, 2012     July 1, 2011  
    (In thousands)  

United States

  $ 178,734     $ 154,201  

Europe, Middle East and Africa

    32,215       26,904  

Asia, Pacific

    8,431       7,178  

North America other than United States

    17,387       4,224  

Central and Latin America

    4,996       2,594  
   

 

 

   

 

 

 

Total revenues

  $ 241,763     $ 195,101  
   

 

 

   

 

 

 

The Company distinguishes revenues from external customers by geographic area based on customer location.

 

The net book value of long-lived assets located outside the United States was $19.0 million and $18.7 million at June 29, 2012 and March 30, 2012, respectively.