Composition of Certain Balance Sheet Captions

9 Months Ended

Dec. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Balance Sheet Captions

Note 2 — Composition of Certain Balance Sheet Captions

	As of  December 31, 2025			As of  March 31, 2025
	(In thousands)
Accounts receivable, net:
Billed	$	542,120		$	539,522
Unbilled		227,751			180,871
Allowance for doubtful accounts		(20,476	)		(20,841	)
	$	749,395		$	699,552
Inventories:
Raw materials	$	110,955		$	96,893
Work in process		16,977			19,761
Finished goods		159,022			177,289
	$	286,954		$	293,943
Prepaid expenses and other current assets:
Prepaid expenses	$	174,854		$	176,694
Other		91,570			105,649
	$	266,424		$	282,343
Property, equipment and satellites, net:
Equipment and software (estimated useful life of 3-7 years)	$	4,094,183		$	3,837,083
CPE leased equipment (estimated useful life of 4-7 years)		525,057			525,972
Furniture and fixtures (estimated useful life of 7 years)		54,143			58,153
Leasehold improvements (estimated useful life of 2-20 years)		318,913			313,249
Buildings (estimated useful life of 12-38 years)		15,352			15,388
Land		11,251			19,661
Construction in progress		750,826			722,194
Satellites (estimated useful life of 7-17 years)		3,412,988			3,405,067
Satellite Ka-band capacity obtained under finance leases (estimated useful life of 7-15 years)		339,351			338,201
Satellites under construction		2,534,840			2,205,305
		12,056,904			11,440,273
Less: accumulated depreciation and amortization		(4,757,439	)		(4,034,609	)
	$	7,299,465		$	7,405,664
Acquired intangible assets, net:
Contracts and customer relationships (weighted average useful life of 11 years)	$	1,433,006		$	1,432,562
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)		224,488			247,921
Trade names (weighted average useful life of 8 years)		114,590			116,949
Other (weighted average useful life of 9 years)		18,682			18,017
		2,879,366			2,904,049
Less: accumulated amortization		(817,508	)		(633,272	)
	$	2,061,858		$	2,270,777
Other assets:
Deferred income taxes	$	107,242		$	160,452
Capitalized software costs, net		301,544			264,492
Patents, orbital slots and other licenses, net		123,559			119,193
Other		311,395			301,641
	$	843,740		$	845,778
Accrued and other liabilities:
Collections in excess of revenues and deferred revenues	$	294,152		$	294,034
Accrued employee compensation		147,340			185,556
Accrued vacation		43,038			46,651
Operating lease liabilities		68,856			65,310
Interest payable		78,037			52,183
Other		268,132			264,795
	$	899,555		$	908,529
Other liabilities:
Deferred revenues, long-term portion	$	1,078,238		$	786,710
Deferred income taxes		986,612			1,069,717
Other		292,469			324,726
	$	2,357,319		$	2,181,153