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Basis of Presentation (Tables)
6 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
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 three and six months ended September 30, 2020 and 2019:

 

 

 

 

Three Months Ended September 30, 2020

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

66,751

 

 

$

189,229

 

 

$

255,980

 

Service revenues

 

 

215,887

 

 

 

12,109

 

 

 

70,302

 

 

 

298,298

 

Total revenues

 

$

215,887

 

 

$

78,860

 

 

$

259,531

 

 

$

554,278

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended September 30, 2020

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

121,870

 

 

$

384,744

 

 

$

506,614

 

Service revenues

 

 

417,871

 

 

 

24,152

 

 

 

136,129

 

 

 

578,152

 

Total revenues

 

$

417,871

 

 

$

146,022

 

 

$

520,873

 

 

$

1,084,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

74,143

 

 

$

232,687

 

 

$

306,830

 

Service revenues

 

 

205,717

 

 

 

13,865

 

 

 

65,844

 

 

 

285,426

 

Total revenues

 

$

205,717

 

 

$

88,008

 

 

$

298,531

 

 

$

592,256

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended September 30, 2019

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

139,044

 

 

$

431,401

 

 

$

570,445

 

Service revenues

 

 

402,532

 

 

 

27,976

 

 

 

128,340

 

 

 

558,848

 

Total revenues

 

$

402,532

 

 

$

167,020

 

 

$

559,741

 

 

$

1,129,293

 

Summary of Contract Assets and Liabilities

The following table presents contract assets and liabilities as of September 30, 2020 and March 31, 2020:

 

 

 

As of

September 30, 2020

 

 

As of

March 31, 2020

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

72,135

 

 

$

75,661

 

Collections in excess of revenues and deferred revenues

 

 

169,612

 

 

 

123,019

 

Deferred revenues, long-term portion

 

 

84,923

 

 

 

80,802