XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Revenues:      
Total revenues $ 2,787,635 $ 2,256,107 $ 2,309,238
Operating expenses:      
Selling, general and administrative 657,251 512,316 523,085
Independent research and development 153,203 115,792 130,434
Amortization of acquired intangible assets 28,729 5,482 7,611
Income from operations 8,330 58,233 38,421
Other income (expense):      
Interest income 504 440 1,648
Interest expense (29,391) (32,687) (38,641)
Other income, net 4,118    
(Loss) income before income taxes (16,439) 25,986 1,428
Benefit from (provision for) income taxes 14,237 (9,441) 7,915
Equity in (loss) income of unconsolidated affiliates, net (281) 556 4,470
Net (loss) income (2,483) 17,101 13,813
Less: net income attributable to noncontrolling interest, net of tax 13,051 13,410 14,025
Net (loss) income attributable to Viasat, Inc. $ (15,534) $ 3,691 $ (212)
Net income (loss) per share attributable to Viasat, Inc. common stockholders:      
Basic net (loss) income per share attributable to Viasat, Inc common stockholders $ (0.21) $ 0.06 $ 0.00
Diluted net (loss) income per share attributable to Viasat, Inc. common stockholders $ (0.21) $ 0.06 $ 0.00
Shares used in computing basic net (loss) income per share 73,397 66,444 61,632
Shares used in computing diluted net (loss) income per share 73,397 67,020 61,632
Comprehensive income (loss):      
Net (loss) income $ (2,483) $ 17,101 $ 13,813
Other comprehensive income (loss), net of tax      
Unrealized gain on hedging, net of tax     235
Foreign currency translation adjustments, net of tax (31,424) 15,851 (11,621)
Other comprehensive (loss) income, net of tax (31,424) 15,851 (11,386)
Comprehensive (loss) income (33,907) 32,952 2,427
Less: comprehensive income attributable to noncontrolling interest, net of tax 13,051 13,410 14,025
Comprehensive (loss) income attributable to Viasat, Inc. (46,958) 19,542 (11,598)
Product [Member]      
Revenues:      
Total revenues 1,210,411 1,044,450 1,172,541
Operating expenses:      
Cost of revenues 914,323 774,893 845,757
Service [Member]      
Revenues:      
Total revenues 1,577,224 1,211,657 1,136,697
Operating expenses:      
Cost of revenues $ 1,025,799 $ 789,391 $ 763,930