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Segment Information (Tables)
9 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Revenues and Operating Profits (Losses)

Segment revenues and operating profits (losses) for the three and nine months ended December 31, 2018 and 2017 were as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

(In thousands)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Satellite services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product

 

$

 

 

$

233

 

 

$

 

 

$

664

 

Service

 

 

177,651

 

 

 

144,310

 

 

 

494,174

 

 

 

443,671

 

Total

 

 

177,651

 

 

 

144,543

 

 

 

494,174

 

 

 

444,335

 

Commercial networks

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product

 

 

115,409

 

 

 

47,073

 

 

 

304,732

 

 

 

130,903

 

Service

 

 

11,568

 

 

 

8,463

 

 

 

31,831

 

 

 

26,150

 

Total

 

 

126,977

 

 

 

55,536

 

 

 

336,563

 

 

 

157,053

 

Government systems

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product

 

 

186,456

 

 

 

128,651

 

 

 

495,697

 

 

 

392,291

 

Service

 

 

63,610

 

 

 

53,107

 

 

 

184,603

 

 

 

161,276

 

Total

 

 

250,066

 

 

 

181,758

 

 

 

680,300

 

 

 

553,567

 

Elimination of intersegment revenues

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

554,694

 

 

$

381,837

 

 

$

1,511,037

 

 

$

1,154,955

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profits (losses):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Satellite services

 

$

(10,196

)

 

$

1,681

 

 

$

(64,971

)

 

$

33,140

 

Commercial networks

 

 

(31,219

)

 

 

(53,505

)

 

 

(117,424

)

 

 

(179,007

)

Government systems

 

 

49,909

 

 

 

29,675

 

 

 

119,727

 

 

 

96,488

 

Elimination of intersegment operating profits

 

 

 

 

 

 

 

 

 

 

 

 

Segment operating profit (loss) before

    corporate and amortization of acquired

    intangible assets

 

 

8,494

 

 

 

(22,149

)

 

 

(62,668

)

 

 

(49,379

)

Corporate

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of acquired intangible assets

 

 

(2,487

)

 

 

(3,177

)

 

 

(7,375

)

 

 

(9,757

)

Income (loss) from operations

 

$

6,007

 

 

$

(25,326

)

 

$

(70,043

)

 

$

(59,136

)

Segment Assets Segment assets as of December 31, 2018 and March 31, 2018 were as follows:

 

 

 

As of

December 31,

2018

 

 

As of

March 31,

2018

 

 

 

(In thousands)

 

Segment assets:

 

 

 

 

 

 

 

 

Satellite services

 

$

77,548

 

 

$

66,830

 

Commercial networks

 

 

230,057

 

 

 

211,447

 

Government systems

 

 

363,319

 

 

 

337,451

 

Total segment assets

 

 

670,924

 

 

 

615,728

 

Corporate assets

 

 

2,958,792

 

 

 

2,798,381

 

Total assets

 

$

3,629,716

 

 

$

3,414,109

 

 

Other Acquired Intangible Assets, Net and Goodwill Included in Segment Assets and Amortization of Acquired Intangible Assets by Segment

Other acquired intangible assets, net and goodwill included in segment assets as of December 31, 2018 and March 31, 2018 were as follows:

 

 

 

Other Acquired Intangible

Assets, Net

 

 

Goodwill

 

 

 

As of

December 31, 2018

 

 

As of

March 31, 2018

 

 

As of

December 31, 2018

 

 

As of

March 31, 2018

 

 

 

(In thousands)

 

Satellite services

 

$

11,751

 

 

$

16,580

 

 

$

13,694

 

 

$

13,991

 

Commercial networks

 

 

2,183

 

 

 

3,340

 

 

 

43,955

 

 

 

44,011

 

Government systems

 

 

10,826

 

 

 

11,942

 

 

 

63,857

 

 

 

63,083

 

Total

 

$

24,760

 

 

$

31,862

 

 

$

121,506

 

 

$

121,085

 

 

Amortization of acquired intangible assets by segment for the three and nine months ended December 31, 2018 and 2017 was as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

(In thousands)

 

Satellite services

 

$

1,183

 

 

$

2,031

 

 

$

3,776

 

 

$

6,297

 

Commercial networks

 

 

386

 

 

 

385

 

 

 

1,157

 

 

 

1,178

 

Government systems

 

 

918

 

 

 

761

 

 

 

2,442

 

 

 

2,282

 

Total amortization of acquired intangible assets

 

$

2,487

 

 

$

3,177

 

 

$

7,375

 

 

$

9,757