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Segment Information (Tables)
3 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Revenues and Operating Profits (Losses)

Segment revenues and operating profits (losses) for the three months ended June 30, 2016 and 2015 were as follows:

 

     Three Months Ended  
     June 30, 2016      June 30, 2015  
     (in thousands)  

Revenues:

     

Satellite services

     

Product (1)

   $ 6,685       $ 6,276   

Service

     145,708         126,140   
  

 

 

    

 

 

 

Total

     152,393         132,416   

Commercial networks

     

Product

     58,596         61,511   

Service

     6,957         5,244   
  

 

 

    

 

 

 

Total

     65,553         66,755   

Government systems

     

Product

     95,395         100,561   

Service

     49,789         44,646   
  

 

 

    

 

 

 

Total

     145,184         145,207   

Elimination of intersegment revenues

     —          —    
  

 

 

    

 

 

 

Total revenues

   $ 363,130       $ 344,378   
  

 

 

    

 

 

 

Operating profits (losses):

     

Satellite services (1)

   $ 30,867       $ 17,041   

Commercial networks

     (38,531      (18,733

Government systems

     17,955         15,916   

Elimination of intersegment operating profits

     —          —    
  

 

 

    

 

 

 

Segment operating profit before corporate and amortization of acquired intangible assets

     10,291         14,224   

Corporate

     —          —    

Amortization of acquired intangible assets

     (2,513      (4,810
  

 

 

    

 

 

 

Income from operations

   $ 7,778       $ 9,414   
  

 

 

    

 

 

 

 

(1) Product revenues and operating profits in the satellite services segment for the three months ended June 30, 2016 and 2015 included $6.6 million and $6.2 million, respectively, relating to amounts realized under the Company’s settlement agreement entered into in fiscal year 2015 with Space System Loral, Inc. and its former parent company Loral Space & Communications, Inc.
Segment Assets

Segment assets as of June 30, 2016 and March 31, 2016 were as follows:

 

     As of
June 30,
2016
     As of
March 31,
2016
 
     (In thousands)  

Segment assets:

     

Satellite services

   $ 60,687       $ 57,529   

Commercial networks

     184,190         212,943   

Government systems

     320,645         311,927   
  

 

 

    

 

 

 

Total segment assets

     565,522         582,399   

Corporate assets

     1,925,727         1,814,913   
  

 

 

    

 

 

 

Total assets

   $ 2,491,249       $ 2,397,312   
  

 

 

    

 

 

 

Other Acquired Intangible Assets, Net and Goodwill Included in Segment Assets and Amortization of Acquired Intangible Assets by Segment

Other acquired intangible assets, net and goodwill included in segment assets as of June 30, 2016 and March 31, 2016 were as follows:

 

     Other Acquired Intangible
Assets, Net
     Goodwill  
     As of
June 30, 2016
     As of
March 31, 2016
     As of
June 30, 2016
     As of
March 31, 2016
 
     (In thousands)  

Satellite services

   $ 7,646       $ 8,751       $ 9,809       $ 9,809   

Commercial networks

     6,137         6,581         43,956         43,990   

Government systems

     17,256         18,272         62,795         63,241   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 31,039       $ 33,604       $ 116,560       $ 117,040   
  

 

 

    

 

 

    

 

 

    

 

 

 

Amortization of acquired intangible assets by segment for the three months ended June 30, 2016 and 2015 was as follows:

 

     Three Months Ended  
     June 30, 2016      June 30, 2015  

Satellite services

   $ 1,104       $ 2,765   

Commercial networks

     445         496   

Government systems

     964         1,549   
  

 

 

    

 

 

 

Total amortization of acquired intangible assets

   $ 2,513       $ 4,810