XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Revenues:      
Total revenues $ 2,068,258 $ 1,594,625 $ 1,559,337
Operating expenses:      
Selling, general and administrative 458,458 385,420 333,468
Independent research and development 123,044 168,347 129,647
Amortization of acquired intangible assets 9,655 12,231 10,788
(Loss) income from operations (60,620) (92,187) 36,459
Other income (expense):      
Interest income 149 960 1,008
Interest expense (50,010) (4,026) (12,083)
Loss on extinguishment of debt   (10,217)  
(Loss) income before income taxes (110,481) (105,470) 25,384
Benefit from (provision for) income taxes 41,014 35,217 (3,617)
Equity in income of unconsolidated affiliate, net 2,998 1,978  
Net (loss) income (66,469) (68,275) 21,767
Less: net income (loss) attributable to noncontrolling interests, net of tax 1,154 (970) (2,000)
Net (loss) income attributable to Viasat, Inc. $ (67,623) $ (67,305) $ 23,767
Net (loss) income per share attributable to Viasat, Inc. common stockholders:      
Basic net (loss) income per share attributable to Viasat, Inc. common stockholders $ (1.13) $ (1.15) $ 0.45
Diluted net (loss) income per share attributable to Viasat, Inc. common stockholders $ (1.13) $ (1.15) $ 0.45
Shares used in computing basic net (loss) income per share 59,942 58,438 52,318
Shares used in computing diluted net (loss) income per share 59,942 58,438 53,396
Comprehensive income (loss):      
Net (loss) income $ (66,469) $ (68,275) $ 21,767
Other comprehensive income (loss), net of tax:      
Unrealized (loss) gain on hedging, net of tax (242) 67 (182)
Foreign currency translation adjustments, net of tax (9,985) 15,785 (2,329)
Other comprehensive (loss) income, net of tax (10,227) 15,852 (2,511)
Comprehensive (loss) income (76,696) (52,423) 19,256
Less: comprehensive income (loss) attributable to noncontrolling interests, net of tax 1,154 (970) (2,000)
Comprehensive (loss) income attributable to Viasat, Inc. (77,850) (51,453) 21,256
Product [Member]      
Revenues:      
Total revenues 1,092,691 755,547 713,936
Operating expenses:      
Cost of revenues 834,472 553,677 524,026
Service [Member]      
Revenues:      
Total revenues 975,567 839,078 845,401
Operating expenses:      
Cost of revenues $ 703,249 $ 567,137 $ 524,949