Basis of Presentation (Tables)

3 Months Ended

Jun. 30, 2018

Summary of Disaggregation of Revenue by Segment and Product and Services

The following sets forth disaggregated reported revenue by segment and product and services for the three months ended June 30, 2018:

	Three Months Ended June 30, 2018
	Satellite Services		Commercial Networks		Government Systems		Total Revenues
	(In thousands)
Product revenues	$	—	$	85,133	$	132,996	$	218,129
Service revenues		153,561		9,933		57,246		220,740
Total revenues	$	153,561	$	95,066	$	190,242	$	438,869

Revenue by Geographic Area

Revenues by geographic area for the three months ended June 30, 2018 were as follows:

	Three Months Ended
	June 30, 2018
	(In thousands)
U.S. customers	$	378,172
Non U.S. customers		60,697
Total revenues	$	438,869

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of June 30, 2018 and April 1, 2018:

	As of June 30, 2018		As of April 1, 2018
	(In thousands)
Unbilled accounts receivable	$	80,852	$	79,492
Collections in excess of revenues and deferred revenues		115,579		127,355
Deferred revenues, long-term portion		81,573		77,831

ASC 606 [Member]

Summary of Impact of Adopting New Standards on Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) and Balance Sheets

The following table presents the summary of the impact of adopting the new standards:

	As of March 31, 2018		Adjustments Due to ASC 606			As of April 1, 2018
	(In thousands)
Condensed Consolidated Balance Sheets:
Accounts receivable, net	$	267,665	$	(5,664	)	$	262,001
Inventories		196,307		1,623			197,930
Prepaid expenses and other current assets		77,135		18,098			95,233
Other assets		686,134		17,738			703,872
Accrued liabilities		263,676		5,916			269,592
Retained earnings		285,960		25,879			311,839

The Company adopted ASC 606 as of April 1, 2018 using the “modified retrospective method” under which the Company is required to provide additional disclosures comparing results to previous accounting standards. Accordingly, the following table presents the Company’s reported results under ASC 606 and the Company’s pro forma results using the historical accounting method under ASC 605 for the three months ended June 30, 2018 and as of June 30, 2018:

	Three Months Ended June 30, 2018
	As Reported			Impact of ASC 606			Historical Accounting Method
	(In thousands, except per share data)
Condensed Consolidated Statements of Operations    and Comprehensive Income (Loss):
Product revenues	$	218,129		$	579		$	218,708
Service revenues		220,740			(1,066	)		219,674
Total revenues		438,869			(487	)		438,382
Cost of product revenues		173,448			249			173,697
Cost of service revenues		171,432			(121	)		171,311
Selling, general and administrative		112,642			2,338			114,980
Independent research and development		33,373			2,745			36,118
Loss from operations		(54,479	)		(5,698	)		(60,177	)
Interest expense		(11,324	)		992			(10,332	)
Loss before income taxes		(65,767	)		(4,706	)		(70,473	)
Benefit from income taxes		29,205			(185	)		29,020
Net loss		(35,497	)		(4,891	)		(40,388	)
Net loss attributable to Viasat, Inc.		(34,010	)		(4,891	)		(38,901	)
Basic net loss per share attributable to Viasat, Inc.    common stockholders	$	(0.57	)	$	(0.08	)	$	(0.66	)
Diluted net loss per share attributable to Viasat, Inc.    common stockholders	$	(0.57	)	$	(0.08	)	$	(0.66	)
	As of June 30, 2018
	As Reported			Impact of ASC 606			Historical Accounting Method
	(In thousands)
Condensed Consolidated Balance Sheets:
Accounts receivable, net	$	236,085		$	5,729		$	241,814
Inventories		220,018			(2,275	)		217,743
Prepaid expenses and other current assets		102,977			(19,085	)		83,892
Other assets		742,158			(21,495	)		720,663
Accrued liabilities		252,312			(6,356	)		245,956
Retained earnings		277,831			(30,770	)		247,061