Segment Information (Tables)

12 Months Ended

Mar. 31, 2018

Segment Revenues and Operating Profits (Losses)

Segment revenues and operating profits (losses) for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 were as follows:

	Fiscal Years Ended
	March 31, 2018			March 31, 2017			March 31, 2016
	(In thousands)
Revenues:
Satellite services
Product (1)	$	664		$	27,711		$	25,606
Service		588,623			601,936			533,628
Total		589,287			629,647			559,234
Commercial networks
Product		198,034			211,458			228,694
Service		35,187			33,149			22,042
Total		233,221			244,607			250,736
Government systems
Product		556,849			474,767			410,521
Service		215,268			210,316			196,940
Total		772,117			685,083			607,461
Elimination of intersegment revenues		—			—			—
Total revenues	$	1,594,625		$	1,559,337		$	1,417,431
Operating profits (losses):
Satellite services (1)	$	12,018		$	131,085		$	81,830
Commercial networks		(229,105	)		(180,496	)		(111,339	)
Government systems (2)		137,131			96,658			87,066
Elimination of intersegment operating profits		—			—			—
Segment operating (loss) profit before corporate and amortization of acquired intangible assets		(79,956	)		47,247			57,557
Corporate		—			—			—
Amortization of acquired intangible assets		(12,231	)		(10,788	)		(16,438	)
(Loss) income from operations	$	(92,187	)	$	36,459		$	41,119

(1)

Product revenues and operating profits in the satellite services segment included $26.8 million and $25.3 million for the fiscal years ended March 31, 2017 and March 31, 2016, respectively, relating to amounts realized under the Company’s settlement agreement entered into in fiscal year 2015 with SS/L and its former parent company Loral. As of March 31, 2017, all payments pursuant to this settlement agreement had been recorded and no further impacts to the Company’s consolidated financial statements are anticipated related to this settlement agreement.

(2)

Operating profits for the government systems segment reflected $11.8 million of SG&A expenses for the fiscal year ended March 31, 2017, relating to uncharacterized damages and penalties in connection with the False Claims Act civil investigation related to the Company’s 52% majority-owned subsidiary TrellisWare. In the fourth quarter of fiscal year 2018, the TrellisWare investigation was settled and the accrued amount of loss contingency was paid out in full. See Note 12.

Segment Assets

Segment assets as of March 31, 2018, March 31, 2017 and March 31, 2016 were as follows:

	As of March 31, 2018		As of March 31, 2017		As of March 31, 2016
	(In thousands)
Segment assets:
Satellite services	$	66,830	$	81,728	$	57,529
Commercial networks		211,447		179,992		212,943
Government systems		337,451		326,242		311,927
Total segment assets		615,728		587,962		582,399
Corporate assets		2,798,381		2,366,691		1,814,913
Total assets	$	3,414,109	$	2,954,653	$	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 March 31, 2018 and 2017 were as follows:

	Other Acquired Intangible Assets, Net				Goodwill
	As of March 31, 2018		As of March 31, 2017		As of March 31, 2018		As of March 31, 2017
	(In thousands)
Satellite services	$	16,580	$	21,843	$	13,991	$	13,579
Commercial networks		3,340		4,903		44,011		43,930
Government systems		11,942		14,931		63,083		62,367
Total	$	31,862	$	41,677	$	121,085	$	119,876

Amortization of acquired intangible assets by segment for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 was as follows:

	Fiscal Years Ended
	March 31, 2018		March 31, 2017		March 31, 2016
	(In thousands)
Satellite services	$	7,622	$	5,866	$	9,122
Commercial networks		1,563		1,679		2,569
Government systems		3,046		3,243		4,747
Total amortization of acquired intangible assets	$	12,231	$	10,788	$	16,438

Revenue Information by Geographic Area

Revenue information by geographic area for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 was as follows:

	Fiscal Years Ended
	March 31, 2018		March 31, 2017		March 31, 2016
	(In thousands)
United States	$	1,403,473	$	1,352,002	$	1,207,651
Europe, the Middle East and Africa		85,704		85,828		80,202
Asia, Pacific		72,465		88,888		79,213
North America other than United States		18,777		24,649		38,957
Central and Latin America		14,206		7,970		11,408
Total revenues	$	1,594,625	$	1,559,337	$	1,417,431