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Basis of Presentation (Tables)
9 Months Ended
Dec. 31, 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 nine months ended December 31, 2020 and 2019:

 

 

 

 

Three Months Ended December 31, 2020

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

75,690

 

 

$

190,824

 

 

$

266,514

 

Service revenues

 

 

220,789

 

 

 

14,409

 

 

 

73,847

 

 

 

309,045

 

Total revenues

 

$

220,789

 

 

$

90,099

 

 

$

264,671

 

 

$

575,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2020

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

197,560

 

 

$

575,568

 

 

$

773,128

 

Service revenues

 

 

638,660

 

 

 

38,561

 

 

 

209,976

 

 

 

887,197

 

Total revenues

 

$

638,660

 

 

$

236,121

 

 

$

785,544

 

 

$

1,660,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 2019

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

73,182

 

 

$

229,908

 

 

$

303,090

 

Service revenues

 

 

211,700

 

 

 

11,544

 

 

 

61,890

 

 

 

285,134

 

Total revenues

 

$

211,700

 

 

$

84,726

 

 

$

291,798

 

 

$

588,224

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2019

 

 

 

Satellite

Services

 

 

Commercial

Networks

 

 

Government

Systems

 

 

Total

Revenues

 

 

 

(In thousands)

 

Product revenues

 

$

 

 

$

212,226

 

 

$

661,309

 

 

$

873,535

 

Service revenues

 

 

614,232

 

 

 

39,520

 

 

 

190,230

 

 

 

843,982

 

Total revenues

 

$

614,232

 

 

$

251,746

 

 

$

851,539

 

 

$

1,717,517

 

Summary of Contract Assets and Liabilities

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

 

 

 

As of

December 31, 2020

 

 

As of

March 31, 2020

 

 

 

(In thousands)

 

Unbilled accounts receivable

 

$

60,951

 

 

$

75,661

 

Collections in excess of revenues and deferred revenues

 

 

206,807

 

 

 

123,019

 

Deferred revenues, long-term portion

 

 

97,485

 

 

 

80,802