Segment Information

3 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Information

Note 12 — Segment Information

The Company’s reporting segments, comprised of the satellite services, commercial networks and government systems segments, are primarily distinguished by the type of customer and the related contractual requirements. The Company’s satellite services segment provides satellite-based broadband and related services to residential customers, Community Internet hotspot users, enterprises, commercial airlines and other mobile broadband customers. The Company’s commercial networks segment develops and offers advanced satellite and wireless broadband platforms, ground networking equipment, radio frequency and advanced microwave solutions, Application-Specific Integrated Circuit chip design, satellite payload development and space-to-earth connectivity systems, some of which are ultimately used by the Company’s satellite services segment. The Company’s government systems segment provides global mobile broadband services to military and government users and develops and offers network-centric, internet protocol-based fixed and mobile secure communications products 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 30, 2020 and 2019 were as follows:

	Three Months Ended
	June 30, 2020			June 30, 2019
	(In thousands)
Revenues:
Satellite services
Product	$	—		$	—
Service		201,984			196,815
Total		201,984			196,815
Commercial networks
Product		55,119			64,901
Service		12,043			14,111
Total		67,162			79,012
Government systems
Product		195,515			198,714
Service		65,827			62,496
Total		261,342			261,210
Elimination of intersegment revenues		—			—
Total revenues	$	530,488		$	537,037
Operating profits (losses):
Satellite services	$	(1,857	)	$	(2,070	)
Commercial networks		(51,394	)		(49,861	)
Government systems		49,495			45,903
Elimination of intersegment operating    profits		—			—
Segment operating loss before corporate   and amortization of acquired intangible   assets		(3,756	)		(6,028	)
Corporate		—			—
Amortization of acquired intangible    assets		(1,558	)		(2,037	)
Loss from operations	$	(5,314	)	$	(8,065	)

Assets identifiable to segments include: accounts receivable, unbilled accounts receivable, inventory, acquired intangible assets and goodwill. The Company’s property and equipment, including its satellites, earth stations 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 30, 2020 and March 31, 2020 were as follows:

	As of June 30, 2020		As of March 31, 2020
	(In thousands)
Segment assets:
Satellite services	$	79,180	$	86,252
Commercial networks		177,768		188,269
Government systems		460,086		484,237
Total segment assets		717,034		758,758
Corporate assets		4,187,340		4,125,110
Total assets	$	4,904,374	$	4,883,868

Other acquired intangible assets, net and goodwill included in segment assets as of June 30, 2020 and March 31, 2020 were as follows:

	Other Acquired Intangible Assets, Net				Goodwill
	As of June 30, 2020		As of March 31, 2020		As of June 30, 2020		As of March 31, 2020
	(In thousands)
Satellite services	$	7,024	$	7,368	$	13,620	$	13,489
Commercial networks		—		257		44,021		43,981
Government systems		6,017		6,814		63,644		63,727
Total	$	13,041	$	14,439	$	121,285	$	121,197

Amortization of acquired intangible assets by segment for the three months ended June 30, 2020 and 2019 was as follows:

	Three Months Ended
	June 30, 2020		June 30, 2019
	(In thousands)
Satellite services	$	509	$	855
Commercial networks		257		386
Government systems		792		796
Total amortization of acquired intangible assets	$	1,558	$	2,037

Revenues by geographic area for the three months ended June 30, 2020 and 2019 were as follows:

	Three Months Ended
	June 30, 2020		June 30, 2019
	(In thousands)
U.S. customers	$	498,515	$	461,283
Non-U.S. customers (each country individually insignificant)		31,973		75,754
Total revenues	$	530,488	$	537,037

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