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The Company and a Summary of Its Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Summary of Restrictions on Cash and Cash Equivalents the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that total to the amounts shown in the consolidated statements of cash flows.

 

 

 

As of
March 31, 2024

 

 

As of
March 31, 2023

 

 

 

(In thousands)

 

Cash and cash equivalents

 

$

1,901,033

 

 

$

1,348,854

 

Restricted cash

 

 

 

 

 

30,532

 

Total cash and cash equivalents and restricted cash shown in the consolidated statements of cash flows

 

$

1,901,033

 

 

$

1,379,386

 

Summary of Minority Interest

The following table summarizes the effect of the change in the Company's percentage ownership interest in TrellisWare on the Company's equity for the fiscal years ended March 31, 2024, 2023 and 2022:

 

 

 

Fiscal Years Ended

 

 

 

March 31, 2024

 

 

March 31, 2023

 

 

March 31, 2022

 

 

 

(In thousands)

 

Net income (loss) attributable to Viasat, Inc.

 

$

(1,068,904

)

 

$

1,084,806

 

 

$

(15,534

)

Transfers to noncontrolling interest

 

 

 

 

 

(11,783

)

 

 

 

Change from net income (loss) attributable to Viasat, Inc. and transfers from (to) noncontrolling interest

 

$

(1,068,904

)

 

$

1,073,023

 

 

$

(15,534

)

Summary of Disaggregation of Revenue by Segment and Product and Services

The following sets forth disaggregated reported revenue by segment and product and services for the fiscal years ended March 31, 2024, 2023 and 2022:

 

 

 

Fiscal Year Ended March 31, 2024

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

685,868

 

 

$

593,296

 

 

$

1,279,164

 

Service revenues

 

 

2,141,775

 

 

 

91,973

 

 

 

770,846

 

 

 

3,004,594

 

Total revenues

 

$

2,141,775

 

 

$

777,841

 

 

$

1,364,142

 

 

$

4,283,758

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended March 31, 2023

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

530,374

 

 

$

423,752

 

 

$

954,126

 

Service revenues

 

 

1,210,733

 

 

 

82,273

 

 

 

309,026

 

 

 

1,602,032

 

Total revenues

 

$

1,210,733

 

 

$

612,647

 

 

$

732,778

 

 

$

2,556,158

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended March 31, 2022

 

 

 

Satellite
Services

 

 

Commercial
Networks

 

 

Government
Systems

 

 

Total Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

443,435

 

 

$

417,291

 

 

$

860,726

 

Service revenues

 

 

1,188,816

 

 

 

68,664

 

 

 

298,973

 

 

 

1,556,453

 

Total revenues

 

$

1,188,816

 

 

$

512,099

 

 

$

716,264

 

 

$

2,417,179

 

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of March 31, 2024 and March 31, 2023:

 

 

 

As of
March 31, 2024

 

 

As of
March 31, 2023

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

156,322

 

 

$

104,889

 

Collections in excess of revenues and deferred revenues

 

 

260,264

 

 

 

132,187

 

Deferred revenues, long-term portion

 

 

896,402

 

 

 

84,747