Composition of Certain Balance Sheet Captions

9 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Balance Sheet Captions

Note 2 — Composition of Certain Balance Sheet Captions

	As of  December 31, 2022			As of  March 31, 2022
	(In thousands)
Accounts receivable, net:
Billed	$	290,733		$	233,948
Unbilled		92,600			85,383
Allowance for doubtful accounts		(14,506	)		(7,159	)
	$	368,827		$	312,172
Inventories:
Raw materials	$	83,939		$	62,520
Work in process		23,285			21,702
Finished goods		153,662			113,642
	$	260,886		$	197,864
Prepaid expenses and other current assets:
Prepaid expenses	$	97,544		$	102,433
Other		59,388			38,953
	$	156,932		$	141,386
Property, equipment and satellites, net:
Equipment and software (estimated useful life of 3-7 years)	$	1,823,501		$	1,676,736
CPE leased equipment (estimated useful life of 4-5 years)		385,356			395,539
Furniture and fixtures (estimated useful life of 7 years)		59,219			57,847
Leasehold improvements (estimated useful life of 2-17 years)		151,816			149,982
Buildings (estimated useful life of 12-38 years)		12,461			12,440
Land		3,849			3,944
Construction in progress		635,567			381,679
Satellites (estimated useful life of 7-17 years)		1,054,983			1,059,182
Satellite Ka-band capacity obtained under finance leases (estimated useful life of 7-11 years)		175,712			173,480
Satellites under construction		2,144,102			1,808,474
		6,446,566			5,719,303
Less: accumulated depreciation and amortization		(2,248,433	)		(2,014,312	)
	$	4,198,133		$	3,704,991
Other acquired intangible assets, net:
Technology (weighted average useful life of 7 years)	$	149,810		$	154,624
Contracts and customer relationships (weighted average useful life of 10 years)		161,901			164,635
Satellite co-location rights (weighted average useful life of 9 years)		8,600			8,600
Trade name (weighted average useful life of 7 years)		32,126			32,463
Other (weighted average useful life of 11 years)		21,671			22,263
		374,108			382,585
Less: accumulated amortization		(166,934	)		(146,542	)
	$	207,174		$	236,043
Other assets:
Deferred income taxes	$	230,295		$	304,642
Capitalized software costs, net		220,417			217,159
Patents, orbital slots and other licenses, net		74,060			62,200
Other		142,975			115,279
	$	667,747		$	699,280
Accrued and other liabilities:
Collections in excess of revenues and deferred revenues	$	115,509		$	131,623
Accrued employee compensation		77,633			108,456
Accrued vacation		41,444			48,097
Warranty reserve, current portion		2,952			2,804
Operating lease liabilities		51,627			49,988
Other		156,568			141,596
	$	445,733		$	482,564
Other liabilities:
Deferred revenues, long-term portion	$	87,343		$	88,983
Warranty reserve, long-term portion		2,463			2,548
Satellite performance incentive obligations, long-term portion		15,696			18,651
Deferred income taxes		14,216			16,869
Other		28,577			26,105
	$	148,295		$	153,156