XML 43 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2015
Oct. 03, 2014
Sep. 30, 2015
Oct. 03, 2014
Revenues:        
Product revenues $ 163,660 $ 193,924 $ 332,008 $ 362,053
Service revenues 189,670 164,834 365,700 316,176
Total revenues 353,330 358,758 697,708 678,229
Operating expenses:        
Cost of product revenues 116,179 130,088 242,009 259,082
Cost of service revenues 124,595 111,605 242,204 220,346
Selling, general and administrative 73,351 54,404 144,458 123,500
Independent research and development 20,792 11,547 36,400 21,327
Amortization of acquired intangible assets 4,587 4,658 9,397 8,687
Income from operations 13,826 46,456 23,240 45,287
Other income (expense):        
Interest income 598 346 1,294 372
Interest expense (6,696) (8,337) (13,280) (16,966)
Income before income taxes 7,728 38,465 11,254 28,693
Provision for income taxes 2,808 14,473 3,815 11,022
Net income 4,920 23,992 7,439 17,671
Less: Net (loss) income attributable to the noncontrolling interest, net of tax (16) 45 (105) (332)
Net income attributable to ViaSat, Inc. $ 4,936 $ 23,947 $ 7,544 $ 18,003
Basic net income per share attributable to ViaSat, Inc. common stockholders $ 0.10 $ 0.51 $ 0.16 $ 0.39
Diluted net income per share attributable to ViaSat, Inc. common stockholders $ 0.10 $ 0.50 $ 0.15 $ 0.38
Shares used in computing basic net income per share 48,205 46,863 48,052 46,694
Shares used in computing diluted net income per share 49,125 48,016 48,995 47,899
Comprehensive income:        
Net income $ 4,920 $ 23,992 $ 7,439 $ 17,671
Other comprehensive income (loss), net of tax:        
Unrealized gain (loss) on hedging, net of tax (20) (47) 94 (40)
Foreign currency translation adjustments, net of tax (681) (1,212) 186 (620)
Other comprehensive income (loss), net of tax (701) (1,259) 280 (660)
Comprehensive income 4,219 22,733 7,719 17,011
Less: comprehensive (loss) income attributable to the noncontrolling interest, net of tax (16) 45 (105) (332)
Comprehensive income attributable to ViaSat, Inc. $ 4,235 $ 22,688 $ 7,824 $ 17,343