XML 23 R10.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Goodwill and Acquired Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Acquired Intangible Assets | Note 4 — Goodwill and Acquired Intangible Assets During fiscal year 2017, the Company’s goodwill increased by $2.8 million, which reflected $3.8 million of goodwill acquired in connection with the acquisition of Arconics during the third quarter of fiscal year 2017, which was recorded in the Company’s satellite services segment. The increase was partially offset by the effects of foreign currency translation recorded within all three of the Company’s segments. During fiscal year 2016, the Company’s goodwill decreased by an insignificant amount related to the effects of foreign currency translation recorded mainly within the Company’s government systems and commercial networks segments. During fiscal year 2017, $19.3 million of the increase in other acquired intangibles related to the acquisition of Arconics recorded during the third quarter of fiscal year 2017 in the Company’s satellite services segment. All other amounts recorded related to the acquisition of Arconics were not significant. During fiscal year 2016, $7.7 million of the increase in the Company’s other acquired intangible assets related to the acquisition of Engreen recorded within the Company’s commercial networks segment. All other amounts recorded related to the acquisition of Engreen were not significant. Other acquired intangible assets are amortized using the straight-line method over their estimated useful lives of two to ten years. Amortization expense related to other acquired intangible assets was $10.8 million, $16.4 million and $18.0 million for the fiscal years ended March 31, 2017, March 31, 2016 and April 3, 2015, respectively. The expected amortization expense of amortizable acquired intangible assets may change due to the effects of foreign currency fluctuations as a result of international businesses acquired. Expected amortization expense for acquired intangible assets for each of the following periods is as follows:
|  | Amortization |
|  | (In thousands) |
Expected for fiscal year 2018 |  | $ | 11,733 |
Expected for fiscal year 2019 |  |  | 9,076 |
Expected for fiscal year 2020 |  |  | 7,312 |
Expected for fiscal year 2021 |  |  | 4,993 |
Expected for fiscal year 2022 |  |  | 3,171 |
Thereafter |  |  | 5,392 |
|  | $ | 41,677 |
The allocation of the other acquired intangible assets and the related accumulated amortization as of March 31, 2017 and 2016 is as follows:
|  | Weighted Average Useful Life |  |  | As of March 31, 2017 |  |  | As of March 31, 2016 |
|  |  | Total |  |  | Accumulated Amortization |  |  | Net book Value |  |  | Total |  |  | Accumulated Amortization |  |  | Net book Value |
|  | (In years) |  |  | (In thousands) |
Technology |  |  | 6 |  |  | $ | 87,592 |  |  | $ | (62,749 | ) |  | $ | 24,843 |  |  | $ | 74,848 |  |  | $ | (59,921 | ) |  | $ | 14,927 |
Contracts and customer relationships |  |  | 7 |  |  |  | 103,034 |  |  |  | (89,083 | ) |  |  | 13,951 |  |  |  | 99,499 |  |  |  | (83,928 | ) |  |  | 15,571 |
Satellite co-location rights |  |  | 9 |  |  |  | 8,600 |  |  |  | (6,743 | ) |  |  | 1,857 |  |  |  | 8,600 |  |  |  | (5,818 | ) |  |  | 2,782 |
Trade name |  |  | 3 |  |  |  | 5,940 |  |  |  | (5,940 | ) |  |  | — |  |  |  | 5,940 |  |  |  | (5,918 | ) |  |  | 22 |
Other |  |  | 6 |  |  |  | 9,925 |  |  |  | (8,899 | ) |  |  | 1,026 |  |  |  | 8,717 |  |  |  | (8,415 | ) |  |  | 302 |
Total other acquired intangible assets |  |  |  |  |  | $ | 215,091 |  |  | $ | (173,414 | ) |  | $ | 41,677 |  |  | $ | 197,604 |  |  | $ | (164,000 | ) |  | $ | 33,604 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration