XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (61,095) $ (23,138)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 128,990 101,659
Amortization of intangible assets 28,281 23,150
Deferred income taxes (40,528) (21,313)
Stock-based compensation expense 38,503 31,490
Loss on disposition of fixed assets 26,025 17,853
Loss on extinguishment of debt   10,217
Other non-cash adjustments 7,775 4,253
Increase (decrease) in cash resulting from changes in operating assets and liabilities:    
Accounts receivable (10,595) 7,657
Inventories (34,173) (12,455)
Other assets (9,771) (18,277)
Accounts payable 19,908 (7,744)
Accrued liabilities 10,396 5,984
Other liabilities 7,576 66,490
Net cash provided by operating activities 111,292 185,826
Cash flows from investing activities:    
Purchase of property, equipment and satellites (333,466) (206,627)
Cash paid for patents, licenses and other assets (21,692) (36,969)
Proceeds from insurance claims on ViaSat-2 satellite 44,394  
Proceeds from sale of real property 14,034  
Other investing activities (2,339)  
Net cash used in investing activities (299,069) (243,596)
Cash flows from financing activities:    
Payment of debt issuance costs   (8,735)
Proceeds from issuance of common stock under equity plans 11,087 14,871
Purchase of common stock in treasury (immediately retired) related to tax withholdings for share-based awards (6,551) (2,483)
Other financing activities (3,886) (757)
Net cash provided by financing activities 169,264 169,797
Effect of exchange rate changes on cash (1,306) 583
Net (decrease) increase in cash and cash equivalents and restricted cash (19,819) 112,610
Cash and cash equivalents and restricted cash at beginning of period 71,446 130,098
Cash and cash equivalents and restricted cash at end of period 51,627 242,708
Non-cash investing and financing activities:    
Issuance of common stock in satisfaction of certain accrued employee compensation liabilities 32,129 16,409
Capital expenditures not paid for 6,724 13,003
2020 Notes [Member]    
Adjustments to reconcile net loss to net cash provided by operating activities:    
Loss on extinguishment of debt   10,217
Cash flows from financing activities:    
Repayment of 2020 Notes   (575,000)
Payment of debt extinguishment costs   (10,602)
2025 Notes [Member]    
Cash flows from financing activities:    
Proceeds from issuance of 2025 Notes   700,000
Revolving Credit Facility [Member]    
Cash flows from financing activities:    
Proceeds from credit facility borrowings 355,000  
Payments of credit facility borrowings (130,000)  
Ex-Im Credit Facility [Member]    
Cash flows from financing activities:    
Proceeds from credit facility borrowings   52,503
Payments of credit facility borrowings $ (56,386)  
Non-cash investing and financing activities:    
Exposure fees on Ex-Im credit facility financed through Ex-Im credit facility   $ 5,764