XML 21 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Composition of Certain Balance Sheet Captions
12 Months Ended
Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Composition of Certain Balance Sheet Captions

Note 2 — Composition of Certain Balance Sheet Captions

 

 

 

As of

March 31, 2018

 

 

As of

March 31, 2017

 

 

 

(In thousands)

 

Accounts receivable, net:

 

 

 

 

 

 

 

 

Billed

 

$

184,536

 

 

$

145,626

 

Unbilled

 

 

85,156

 

 

 

119,565

 

Allowance for doubtful accounts

 

 

(2,027

)

 

 

(1,470

)

 

 

$

267,665

 

 

$

263,721

 

Inventories:

 

 

 

 

 

 

 

 

Raw materials

 

$

62,252

 

 

$

56,096

 

Work in process

 

 

47,465

 

 

 

25,820

 

Finished goods

 

 

86,590

 

 

 

81,285

 

 

 

$

196,307

 

 

$

163,201

 

Prepaid expenses and other current assets:

 

 

 

 

 

 

 

 

Prepaid expenses

 

$

68,516

 

 

$

51,856

 

Other

 

 

8,619

 

 

 

5,980

 

 

 

$

77,135

 

 

$

57,836

 

Satellites, net:

 

 

 

 

 

 

 

 

Satellites (estimated useful life of 10-17 years)

 

$

1,152,503

 

 

$

559,380

 

Capital lease of satellite capacity — Anik F2 (estimated useful life of 10 years)

 

 

99,090

 

 

 

99,090

 

Satellites under construction

 

 

362,342

 

 

 

776,354

 

 

 

 

1,613,935

 

 

 

1,434,824

 

Less: accumulated depreciation and amortization

 

 

(373,948

)

 

 

(326,554

)

 

 

$

1,239,987

 

 

$

1,108,270

 

Property and equipment, net:

 

 

 

 

 

 

 

 

Equipment and software (estimated useful life of 2-7 years)

 

$

864,140

 

 

$

679,008

 

CPE leased equipment (estimated useful life of 4-5 years)

 

 

298,746

 

 

 

271,917

 

Furniture and fixtures (estimated useful life of 7 years)

 

 

35,234

 

 

 

30,539

 

Leasehold improvements (estimated useful life of 2-17 years)

 

 

111,841

 

 

 

80,727

 

Building (estimated useful life of 24 years)

 

 

8,923

 

 

 

8,923

 

Land

 

 

15,322

 

 

 

14,573

 

Construction in progress

 

 

108,192

 

 

 

116,902

 

 

 

 

1,442,398

 

 

 

1,202,589

 

Less: accumulated depreciation

 

 

(719,910

)

 

 

(661,981

)

 

 

$

722,488

 

 

$

540,608

 

Other assets:

 

 

 

 

 

 

 

 

Investment in unconsolidated affiliate

 

$

163,835

 

 

$

141,894

 

Deferred income taxes

 

 

222,274

 

 

 

134,764

 

Capitalized software costs, net

 

 

246,792

 

 

 

203,686

 

Patents, orbital slots and other licenses, net

 

 

16,100

 

 

 

16,500

 

Other

 

 

37,133

 

 

 

32,522

 

 

 

$

686,134

 

 

$

529,366

 

Accrued liabilities:

 

 

 

 

 

 

 

 

Collections in excess of revenues and deferred revenues

 

$

121,439

 

 

$

76,682

 

Accrued employee compensation

 

 

46,106

 

 

 

41,691

 

Accrued vacation

 

 

39,022

 

 

 

33,214

 

Warranty reserve, current portion

 

 

5,357

 

 

 

7,796

 

Other

 

 

51,752

 

 

 

65,576

 

 

 

$

263,676

 

 

$

224,959

 

Other liabilities:

 

 

 

 

 

 

 

 

Deferred revenue, long-term portion

 

$

77,831

 

 

$

4,617

 

Deferred rent, long-term portion

 

 

13,769

 

 

 

10,743

 

Warranty reserve, long-term portion

 

 

1,557

 

 

 

3,262

 

Satellite performance incentive obligation, long-term portion

 

 

18,181

 

 

 

19,164

 

Deferred income taxes, long-term

 

 

864

 

 

 

1,936

 

Other

 

 

9,038

 

 

 

3,000

 

 

 

$

121,240

 

 

$

42,722