Discontinued Operations - (Tables)

12 Months Ended

Mar. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations Financial Information

The following table presents key components of assets and liabilities that were classified as discontinued operations on the consolidated balance sheet as of March 31, 2022:

	As of  March 31, 2022
Accounts receivable, net	$	47,097
Inventories		144,026
Prepaid expenses and other current assets		6,468
Property, equipment, and satellites, net		36,921
Operating lease right-of-use assets		12,837
Goodwill		21,403
Other assets		6,350
Total assets of discontinued operations	$	275,102
Accounts payable	$	18,415
Accrued and other liabilities		33,858
Non-current operating lease liabilities		11,486
Other liabilities		4,295
Total liabilities of discontinued operations	$	68,054

The operating results of the discontinued operations only reflect revenues and expenses that are directly attributable to the Link-16 TDL Business that will be eliminated from continuing operations. The following table presents key components of “Net income (loss) from discontinued operations, net of tax” for the fiscal years ended March 31, 2023, 2022 and 2021:

	Fiscal Years Ended
	March 31, 2023			March 31, 2022			March 31, 2021
	(In thousands)
Revenues	$	247,069		$	370,456		$	335,229
Operating expenses:
Cost of revenues		157,355			228,847			208,595
Other operating expenses		24,062			20,138			22,448
Net income (loss) from discontinued operations before income taxes	$	65,652		$	121,471		$	104,186
Gain on disposal of discontinued operations before income taxes, net of costs to sell		1,661,891			—			—
(Provision for) benefit from income taxes		(425,156	)		(22,280	)		(20,635	)
Net income (loss) from discontinued operations, net of tax	$	1,302,387		$	99,191		$	83,551

The cash flows related to discontinued operations have not been segregated and are included in the consolidated statements of cash flows. The following table presents key cash flow and non-cash information related to discontinued operations for the fiscal years ended March 31, 2023, 2022 and 2021:

	Fiscal Years Ended
	March 31, 2023		March 31, 2022		March 31, 2021
	(In thousands)
Depreciation	$	5,909	$	10,400	$	6,824
Amortization of intangible assets		897		1,706		3,152
Capital expenditures		10,950		10,086		15,403