XML 47 R37.htm IDEA: XBRL DOCUMENT v3.5.0.2
Senior Notes and Other Long-Term Debt - Additional Information (Detail)
$ in Thousands
3 Months Ended
Jun. 30, 2016
USD ($)
Installment
Apr. 03, 2015
USD ($)
Mar. 31, 2016
USD ($)
Oct. 31, 2012
USD ($)
Feb. 27, 2012
USD ($)
Revolving Credit Facility [Member]          
Debt Instrument [Line Items]          
Credit Facility maximum borrowing capacity $ 800,000        
Maturity date of the Credit Facility May 24, 2021        
Credit Facility interest rate description Borrowings under the Revolving Credit Facility bear interest, at the Company's option, at either (1) the highest of the Federal Funds rate plus 0.50%, the Eurodollar rate plus 1.00%, or the administrative agent's prime rate as announced from time to time, or (2) the Eurodollar rate, plus, in the case of each of (1) and (2), an applicable margin that is based on the Company's total leverage ratio.        
Weighted average effective interest rate on the Company's outstanding borrowings under the Credit Facility 2.47%        
Credit facility description The Revolving Credit Facility contains financial covenants regarding a maximum total leverage ratio and a minimum interest coverage ratio. In addition, the Revolving Credit Facility contains covenants that restrict, among other things, the Company’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. As of June 30, 2016, the Revolving Credit Facility provided a $800.0 million revolving line of credit (including up to $150.0 million of letters of credit), with a maturity date of May 24, 2021 (or March 16, 2020, if more than $200.0 million of the Company’s 2020 Notes are then outstanding and certain conditions are met).        
Borrowing availability under the Credit Facility $ 557,000        
Principal amount of outstanding borrowings under the Credit Facility 200,000   $ 180,000    
Letter of Credit [Member]          
Debt Instrument [Line Items]          
Credit Facility maximum borrowing capacity 150,000        
Standby letters of credit outstanding amount 43,000        
Ex-Im Credit Facility [Member]          
Debt Instrument [Line Items]          
Credit Facility maximum borrowing capacity $ 386,700        
Credit facility description The Ex-Im Credit Facility contains financial covenants regarding ViaSat's maximum total leverage ratio and minimum interest coverage ratio. In addition, the Ex-Im Credit Facility contains covenants that restrict, among other things, the Company's ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments.        
Principal amount of outstanding borrowings under the Credit Facility $ 264,400        
Amount of qualified ViaSat-2 satellite costs limited to finance $ 343,100        
Percent of qualified ViaSat-2 expenses used to finance 85.00%        
The maximum exposure fees under Ex-Im Credit Facility $ 43,600        
Interest rate on the outstanding borrowings 2.38%        
Required number of installment repayments | Installment 16        
Required first repayment date of borrowings under Ex-Im Credit Facility Apr. 15, 2018        
Debt maturity date Oct. 15, 2025        
The exposure fees paid under Ex-Im Credit Facility borrowings   $ 6,000      
Borrowing capacity available to finance ViaSat-2 related costs once incurred $ 84,600        
Cumulative Ex-Im Credit Facility loan discount 35,500        
Undrawn commitment under the Ex-Im Credit Facility 93,900        
Exposure fees accrued as of balance sheet date expected to be financed under the Ex-Im Credit Facility $ 28,400   21,000    
Ex-Im Credit Facility [Member] | Minimum [Member]          
Debt Instrument [Line Items]          
Effective interest rate on the Ex-Im Credit Facility 4.50%        
Ex-Im Credit Facility [Member] | Maximum [Member]          
Debt Instrument [Line Items]          
Effective interest rate on the Ex-Im Credit Facility 4.60%        
Initial 2020 Notes [Member]          
Debt Instrument [Line Items]          
Principal amounts of Senior Notes issued         $ 275,000
Additional 2020 Notes [Member]          
Debt Instrument [Line Items]          
Principal amounts of Senior Notes issued       $ 300,000  
Original issue premium of Senior Notes       103.50%  
Unamortized premium on the 2020 Notes       $ 10,500  
2020 Notes [Member]          
Debt Instrument [Line Items]          
Interest rate on the outstanding borrowings 6.875%        
Debt maturity date Jun. 15, 2020        
Principal amounts of Senior Notes issued $ 575,000   $ 575,000    
2020 Notes [Member] | Debt Instrument, Redemption, Period One [Member]          
Debt Instrument [Line Items]          
Redemption price percentage of Senior Notes 103.438%        
Redemption description of Senior Notes The 2020 Notes may be redeemed, in whole or in part, at any time during the twelve months beginning on June 15, 2016 at a redemption price of 103.438%        
2020 Notes [Member] | Debt Instrument, Redemption, Period Two [Member]          
Debt Instrument [Line Items]          
Redemption price percentage of Senior Notes 101.719%        
Redemption description of Senior Notes During the twelve months beginning on June 15, 2017 at a redemption price of 101.719%        
2020 Notes [Member] | Debt Instrument, Redemption, Period Three [Member]          
Debt Instrument [Line Items]          
Redemption price percentage of Senior Notes 100.00%        
Redemption description of Senior Notes And at any time on or after June 15, 2018 at a redemption price of 100%, in each case plus accrued and unpaid interest, if any, thereon to the redemption date.        
2020 Notes [Member] | Change of Control [Member]          
Debt Instrument [Line Items]          
Redemption price percentage of Senior Notes 101.00%        
Redemption description of Senior Notes In the event a change of control occurs (as defined in the indenture), each holder will have the right to require the Company to repurchase all or any part of such holder's 2020 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the 2020 Notes repurchased plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).