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Revenue (Tables)
9 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The table below presents the total revenue for each type of contract:
 Three Months Ended December 31,Nine Months Ended December 31,
 2022202120222021
Cost-reimbursable$1,211,589 53 %$1,079,893 53 %$3,603,824 53 %$3,322,507 54 %
Time-and-materials572,491 25 %484,718 24 %1,682,831 25 %1,482,431 24 %
Fixed-price492,994 22 %465,909 23 %1,538,995 22 %1,320,686 22 %
Total Revenue$2,277,074 100 %$2,030,520 100 %$6,825,650 100 %$6,125,624 100 %
Revenue by Customer Type:
Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
U.S. government(1):
Defense Clients$1,043,535 46 %$946,141 47 %$3,082,634 45 %$2,916,210 48 %
Intelligence Clients419,227 18 %369,345 18 %1,260,653 18 %1,144,933 18 %
Civil Clients758,473 33 %651,050 32 %2,299,969 34 %1,905,984 31 %
Total U.S. government2,221,235 97 %1,966,536 97 %6,643,256 97 %5,967,127 97 %
Global Commercial Clients55,839 %63,984 %182,394 %158,497 %
Total Revenue$2,277,074 100 %$2,030,520 100 %$6,825,650 100 %$6,125,624 100 %
(1) Certain contracts were reassigned between the various verticals of our U.S. government business shown in the table above to better align our operations to the customers we serve within each market. Prior year revenue by customer type has been recast to reflect the changes.
Revenue by Whether the Company Acts as a Prime Contractor or a Subcontractor:
Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
Prime Contractor$2,151,265 94 %$1,913,657 94 %$6,461,935 95 %$5,753,596 94 %
Subcontractor125,809 %116,863 %363,715 %372,028 %
Total Revenue$2,277,074 100 %$2,030,520 100 %$6,825,650 100 %$6,125,624 100 %
Schedule of Contract Assets and Liabilities
The following table summarizes the contract assets and liabilities, and accounts receivable, net of allowance recognized on the Company’s condensed consolidated balance sheets:
December 31,
2022
March 31,
2022
Current assets
Accounts receivable–billed$624,317 $465,322 
Accounts receivable–unbilled (contract assets)1,183,522 1,157,667 
Allowance for credit losses(63)— 
Accounts receivable, net1,807,776 1,622,989 
Other long-term assets
Accounts receivable–unbilled (contract assets)58,945 64,339 
Total accounts receivable, net$1,866,721 $1,687,328 
Other current liabilities
Advance payments, billings in excess of costs incurred and deferred revenue (contract liabilities)$21,619 $26,747