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Segment Information
12 Months Ended
Apr. 04, 2014
Segment Reporting [Abstract]  
Segment Information

Note 14 — 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 retail and wholesale satellite-based broadband services for its consumer, enterprise and mobile broadband customers primarily in the United States. The Company’s commercial networks segment develops and produces a variety of advanced end-to-end satellite and other wireless communication systems and ground networking equipment and products, some of which are ultimately used by the Company’s satellite services segment. The Company’s government systems segment develops and produces network-centric, IP-based secure fixed and mobile government communications systems, products, services 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 (losses) profits for the fiscal years ended April 4, 2014, March 29, 2013 and March 30, 2012 were as follows:

 

     Fiscal Years Ended  
     April 4,
2014
     March 29,
2013
     March 30,
2012
 
     (In thousands)  

Revenues:

        

Satellite Services

        

Product

   $ 42       $ 4,715       $ 2,998   

Service

     390,666         272,272         219,674   
  

 

 

    

 

 

    

 

 

 

Total

     390,708         276,987         222,672   

Commercial Networks

        

Product

     378,577         295,469         229,941   

Service

     16,944         19,471         21,736   
  

 

 

    

 

 

    

 

 

 

Total

     395,521         314,940         251,677   

Government Systems

        

Product

     407,119         364,233         309,125   

Service

     158,114         163,530         80,153   
  

 

 

    

 

 

    

 

 

 

Total

     565,233         527,763         389,278   

Elimination of intersegment revenues

     —          —          —    
  

 

 

    

 

 

    

 

 

 

Total revenues

   $ 1,351,462       $ 1,119,690       $ 863,627   
  

 

 

    

 

 

    

 

 

 

Operating (losses) profits:

        

Satellite Services

   $ (45,991    $ (79,172    $ (16,790

Commercial Networks

     (12,134      (11,079      (12,974

Government Systems

     76,038         85,473         50,690   

Elimination of intersegment operating profits

     —          —          —    
  

 

 

    

 

 

    

 

 

 

Segment operating profit (loss) before corporate and amortization of acquired intangible assets

     17,913         (4,778      20,926   

Corporate

     —          —          —    

Amortization of acquired intangible assets

     (14,614      (15,584      (18,732
  

 

 

    

 

 

    

 

 

 

Income (loss) from operations

   $ 3,299       $ (20,362    $ 2,194   
  

 

 

    

 

 

    

 

 

 

 

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, gateways 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 April 4, 2014 and March 29, 2013 were as follows:

 

     As of
April 4,
2014
     As of
March 29,
2013
 
     (In thousands)  

Segment assets:

     

Satellite Services

   $ 73,382       $ 89,945   

Commercial Networks

     229,455         175,230   

Government Systems

     206,848         238,057   
  

 

 

    

 

 

 

Total segment assets

     509,685         503,232   

Corporate assets

     1,450,430         1,290,840   
  

 

 

    

 

 

 

Total assets

   $ 1,960,115       $ 1,794,072   
  

 

 

    

 

 

 

Other acquired intangible assets, net and goodwill included in segment assets as of April 4, 2014 and March 29, 2013 were as follows:

 

     Other Acquired Intangible
Assets, Net
     Goodwill  
     As of
April 4,
2014
     As of
March 29,
2013
     As of
April 4,
2014
     As of
March 29,
2013
 
     (In thousands)  

Satellite Services

   $ 28,931       $ 39,989       $ 9,809       $ 9,809   

Commercial Networks

     2,583         1,520         44,148         43,648   

Government Systems

     3,883         5,661         29,670         29,543   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 35,397       $ 47,170       $ 83,627       $ 83,000   
  

 

 

    

 

 

    

 

 

    

 

 

 

Amortization of acquired intangible assets by segment for the fiscal years ended April 4, 2014, March 29, 2013 and March 30, 2012 was as follows:

 

     Fiscal Years Ended  
     April 4,
2014
     March 29,
2013
     March 30,
2012
 
     (In thousands)  

Satellite Services

   $ 11,058       $ 12,401       $ 12,951   

Commercial Networks

     1,337         666         3,224   

Government Systems

     2,219         2,517         2,557   
  

 

 

    

 

 

    

 

 

 

Total amortization of acquired intangible assets

   $ 14,614       $ 15,584       $ 18,732   
  

 

 

    

 

 

    

 

 

 

 

Revenue information by geographic area for the fiscal years ended April 4, 2014, March 29, 2013 and March 30, 2012 was as follows:

 

     Fiscal Years Ended  
     April 4,
2014
     March 29,
2013
     March 30,
2012
 
     (In thousands)  

United States

   $ 1,044,737       $ 840,899       $ 680,655   

Europe, Middle East and Africa

     127,696         171,853         114,382   

Asia, Pacific

     147,063         56,195         22,683   

North America other than United States

     25,811         39,158         32,657   

Central and Latin America

     6,155         11,585         13,250   
  

 

 

    

 

 

    

 

 

 

Total revenues

   $ 1,351,462       $ 1,119,690       $ 863,627   
  

 

 

    

 

 

    

 

 

 

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

The net book value of long-lived assets located outside the United States was $18.5 million at April 4, 2014 and March 29, 2013.