The Company and a Summary of Its Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2019

Summary of Disaggregation of Revenue by Segment and Product and Services

The following sets forth disaggregated reported revenue by segment and product and services for the fiscal year ended March 31, 2019:

	Fiscal year Ended March 31, 2019
	Satellite Services		Commercial Networks		Government Systems		Total Revenues
	(In thousands)
Product revenues	$	—	$	383,547	$	709,144	$	1,092,691
Service revenues		684,205		44,857		246,505		975,567
Total revenues	$	684,205	$	428,404	$	955,649	$	2,068,258

Revenue by Geographic Area

Revenues by geographic area for the fiscal year ended March 31, 2019 were as follows:

		Fiscal year Ended
		March 31, 2019
	(In thousands)
U.S. customers		$	1,836,304
Non U.S. customers (each country individually insignificant)			231,954
Total revenues		$	2,068,258

Revenue information by geographic area for the fiscal years ended March 31, 2019, March 31, 2018 and March 31, 2017 was as follows:

	Fiscal Years Ended
	March 31, 2019		March 31, 2018		March 31, 2017
	(In thousands)
U.S. customers	$	1,836,304	$	1,403,473	$	1,352,002
Non U.S. customers (each country individually    insignificant)		231,954		191,152		207,335
Total revenues	$	2,068,258	$	1,594,625	$	1,559,337

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of March 31, 2019 and April 1, 2018:

	As of March 31, 2019		As of April 1, 2018
	(In thousands)
Unbilled accounts receivable	$	83,743	$	79,492
Collections in excess of revenues and deferred revenues		125,540		127,355
Deferred revenues, long-term portion		71,230		77,831

ASC 606 [Member]

Summary of Impact of Adopting New Standards on Consolidated Statements of Operations and Comprehensive Income (Loss) and Balance Sheets

The following table presents the summary of the impact of adopting the new standards:

	As of March 31, 2018		Adjustments Due to ASC 606			As of April 1, 2018
	(In thousands)
Consolidated Balance Sheets:
Accounts receivable, net	$	267,665	$	(5,664	)	$	262,001
Inventories		196,307		1,623			197,930
Prepaid expenses and other current assets		77,135		18,098			95,233
Other assets		686,134		19,107			705,241
Accrued liabilities		263,676		5,916			269,592
Retained earnings		285,960		27,248			313,208

The Company adopted ASC 606 as of April 1, 2018 using the “modified retrospective method” under which the Company is required to provide additional disclosures comparing results to previous accounting standards. Accordingly, the following table presents the Company’s reported results under ASC 606 and the Company’s pro forma results using the historical accounting method under ASC 605 for the fiscal year ended March 31, 2019 and as of March 31, 2019:

	Fiscal Year Ended March 31, 2019
	As Reported			Impact of ASC 606			Historical Accounting Method
	(In thousands, except per share data)
Consolidated Statements of Operations and Comprehensive Income (Loss):
Product revenues	$	1,092,691		$	(5,263	)	$	1,087,428
Service revenues		975,567			(3,062	)		972,505
Total revenues		2,068,258			(8,325	)		2,059,933
Cost of product revenues		834,472			(3,877	)		830,595
Cost of service revenues		703,249			(263	)		702,986
Selling, general and administrative		458,458			9,278			467,736
Independent research and development		123,044			7,498			130,542
Loss from operations		(60,620	)		(20,961	)		(81,581	)
Interest expense		(50,010	)		4,206			(45,804	)
Loss before income taxes		(110,481	)		(16,754	)		(127,235	)
Benefit from income taxes		41,014			4,499			45,513
Net loss		(66,469	)		(12,256	)		(78,725	)
Net loss attributable to Viasat, Inc.		(67,623	)		(12,256	)		(79,879	)
Basic net loss per share attributable to Viasat, Inc.    common stockholders	$	(1.13	)	$	(0.20	)	$	(1.33	)
Diluted net loss per share attributable to Viasat, Inc.    common stockholders	$	(1.13	)	$	(0.20	)	$	(1.33	)

	As of March 31, 2019
	As Reported		Impact of ASC 606			Historical Accounting Method
	(In thousands)
Consolidated Balance Sheets:
Accounts receivable, net	$	300,307	$	1,774		$	302,081
Inventories		234,518		(1,681	)		232,837
Prepaid expenses and other current assets		90,646		(18,562	)		72,084
Other assets		758,805		(26,723	)		732,082
Accrued liabilities		308,268		(5,687	)		302,581
Retained earnings		245,585		(39,504	)		206,081