Segment Information (Tables)

12 Months Ended

Mar. 31, 2019

Segment Revenues and Operating Profits (Losses)

Segment revenues and operating profits (losses) for the fiscal years ended March 31, 2019, March 31, 2018 and March 31, 2017 were as follows:

	Fiscal Years Ended
	March 31, 2019			March 31, 2018			March 31, 2017
	(In thousands)
Revenues:
Satellite services
Product (1)	$	—		$	664		$	27,711
Service		684,205			588,623			601,936
Total		684,205			589,287			629,647
Commercial networks
Product		383,547			198,034			211,458
Service		44,857			35,187			33,149
Total		428,404			233,221			244,607
Government systems
Product		709,144			556,849			474,767
Service		246,505			215,268			210,316
Total		955,649			772,117			685,083
Elimination of intersegment revenues		—			—			—
Total revenues	$	2,068,258		$	1,594,625		$	1,559,337
Operating profits (losses):
Satellite services (1)	$	(64,321	)	$	12,018		$	131,085
Commercial networks		(166,613	)		(229,105	)		(180,496	)
Government systems (2)		179,969			137,131			96,658
Elimination of intersegment operating profits		—			—			—
Segment operating (loss) profit before corporate and amortization of acquired intangible assets		(50,965	)		(79,956	)		47,247
Corporate		—			—			—
Amortization of acquired intangible assets		(9,655	)		(12,231	)		(10,788	)
(Loss) income from operations	$	(60,620	)	$	(92,187	)	$	36,459

(1)

Product revenues and operating profits in the satellite services segment included $26.8 million for the fiscal year ended March 31, 2017, 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, 2019 and March 31, 2018 were as follows:

	As of March 31, 2019		As of March 31, 2018
	(In thousands)
Segment assets:
Satellite services	$	85,907	$	66,830
Commercial networks		183,200		211,447
Government systems		408,422		337,451
Total segment assets		677,529		615,728
Corporate assets		3,237,758		2,798,381
Total assets	$	3,915,287	$	3,414,109

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, 2019 and 2018 were as follows:

	Other Acquired Intangible Assets, Net				Goodwill
	As of March 31, 2019		As of March 31, 2018		As of March 31, 2019		As of March 31, 2018
	(In thousands)
Satellite services	$	10,453	$	16,580	$	13,617	$	13,991
Commercial networks		1,798		3,340		43,933		44,011
Government systems		10,050		11,942		64,169		63,083
Total	$	22,301	$	31,862	$	121,719	$	121,085

Amortization of acquired intangible assets by segment 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)
Satellite services	$	4,857	$	7,622	$	5,866
Commercial networks		1,542		1,563		1,679
Government systems		3,256		3,046		3,243
Total amortization of acquired intangible assets	$	9,655	$	12,231	$	10,788

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