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Segment Information | 12 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
Segment Information | Note 14 — Segment Information The Company’s reporting segments, comprised of the satellite services, commercial networks and government systems segments, are primarily distinguished by the type of customer and the related contractual requirements. The Company’s satellite services segment provides satellite-based broadband and related services to consumers, enterprises, commercial airlines and mobile broadband customers. The Company’s commercial networks segment develops and offers advanced satellite and wireless broadband platforms, ground networking equipment, radio frequency and advanced microwave solutions, ASIC chip design, satellite payload development and space-to-earth connectivity systems, some of which are ultimately used by the Company’s satellite services segment. The Company’s government systems segment provides global mobile broadband services to military and government users and develops and offers network-centric, IP-based fixed and mobile secure communications products and solutions. The more regulated government environment is subject to unique contractual requirements and possesses economic characteristics which differ from the satellite services and commercial networks segments. The Company’s segments are determined consistent with the way management currently organizes and evaluates financial information internally for making operating decisions and assessing performance. Segment revenues and operating profits (losses) for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 were as follows:
|  | Fiscal Years Ended |
|  | March 31, 2018 |  |  | March 31, 2017 |  |  | March 31, 2016 |
|  | (In thousands) |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Satellite services |  |  |  |  |  |  |  |  |  |  |  |
Product (1) |  | $ | 664 |  |  | $ | 27,711 |  |  | $ | 25,606 |
Service |  |  | 588,623 |  |  |  | 601,936 |  |  |  | 533,628 |
Total |  |  | 589,287 |  |  |  | 629,647 |  |  |  | 559,234 |
Commercial networks |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 198,034 |  |  |  | 211,458 |  |  |  | 228,694 |
Service |  |  | 35,187 |  |  |  | 33,149 |  |  |  | 22,042 |
Total |  |  | 233,221 |  |  |  | 244,607 |  |  |  | 250,736 |
Government systems |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 556,849 |  |  |  | 474,767 |  |  |  | 410,521 |
Service |  |  | 215,268 |  |  |  | 210,316 |  |  |  | 196,940 |
Total |  |  | 772,117 |  |  |  | 685,083 |  |  |  | 607,461 |
Elimination of intersegment revenues |  |  | — |  |  |  | — |  |  |  | — |
Total revenues |  | $ | 1,594,625 |  |  | $ | 1,559,337 |  |  | $ | 1,417,431 |
Operating profits (losses): |  |  |  |  |  |  |  |  |  |  |  |
Satellite services (1) |  | $ | 12,018 |  |  | $ | 131,085 |  |  | $ | 81,830 |
Commercial networks |  |  | (229,105 | ) |  |  | (180,496 | ) |  |  | (111,339 | )
Government systems (2) |  |  | 137,131 |  |  |  | 96,658 |  |  |  | 87,066 |
Elimination of intersegment operating profits |  |  | — |  |  |  | — |  |  |  | — |
Segment operating (loss) profit before corporate and amortization of acquired intangible assets |  |  | (79,956 | ) |  |  | 47,247 |  |  |  | 57,557 |
Corporate |  |  | — |  |  |  | — |  |  |  | — |
Amortization of acquired intangible assets |  |  | (12,231 | ) |  |  | (10,788 | ) |  |  | (16,438 | )
(Loss) income from operations |  | $ | (92,187 | ) |  | $ | 36,459 |  |  | $ | 41,119 |
(1) | Product revenues and operating profits in the satellite services segment included $26.8 million and $25.3 million for the fiscal years ended March 31, 2017 and March 31, 2016, respectively, relating to amounts realized under the Company’s settlement agreement entered into in fiscal year 2015 with SS/L and its former parent company Loral. As of March 31, 2017, all payments pursuant to this settlement agreement had been recorded and no further impacts to the Company’s consolidated financial statements are anticipated related to this settlement agreement.
(2) | Operating profits for the government systems segment reflected $11.8 million of SG&A expenses for the fiscal year ended March 31, 2017, relating to uncharacterized damages and penalties in connection with the False Claims Act civil investigation related to the Company’s 52% majority-owned subsidiary TrellisWare. In the fourth quarter of fiscal year 2018, the TrellisWare investigation was settled and the accrued amount of loss contingency was paid out in full. See Note 12.
Assets identifiable to segments include: accounts receivable, unbilled accounts receivable, inventory, acquired intangible assets and goodwill. The Company’s property and equipment, including its satellites, earth stations and other networking equipment, are assigned to corporate assets as they are available for use by the various segments throughout their estimated useful lives. Segment assets as of March 31, 2018, March 31, 2017 and March 31, 2016 were as follows:
|  | As of March 31, 2018 |  |  | As of March 31, 2017 |  |  | As of March 31, 2016 |
|  | (In thousands) |
Segment assets: |  |  |  |  |  |  |  |  |  |  |  |
Satellite services |  | $ | 66,830 |  |  | $ | 81,728 |  |  | $ | 57,529 |
Commercial networks |  |  | 211,447 |  |  |  | 179,992 |  |  |  | 212,943 |
Government systems |  |  | 337,451 |  |  |  | 326,242 |  |  |  | 311,927 |
Total segment assets |  |  | 615,728 |  |  |  | 587,962 |  |  |  | 582,399 |
Corporate assets |  |  | 2,798,381 |  |  |  | 2,366,691 |  |  |  | 1,814,913 |
Total assets |  | $ | 3,414,109 |  |  | $ | 2,954,653 |  |  | $ | 2,397,312 |
Other acquired intangible assets, net and goodwill included in segment assets as of March 31, 2018 and 2017 were as follows:
|  | Other Acquired Intangible Assets, Net |  |  | Goodwill |
|  | As of March 31, 2018 |  |  | As of March 31, 2017 |  |  | As of March 31, 2018 |  |  | As of March 31, 2017 |
|  | (In thousands) |
Satellite services |  | $ | 16,580 |  |  | $ | 21,843 |  |  | $ | 13,991 |  |  | $ | 13,579 |
Commercial networks |  |  | 3,340 |  |  |  | 4,903 |  |  |  | 44,011 |  |  |  | 43,930 |
Government systems |  |  | 11,942 |  |  |  | 14,931 |  |  |  | 63,083 |  |  |  | 62,367 |
Total |  | $ | 31,862 |  |  | $ | 41,677 |  |  | $ | 121,085 |  |  | $ | 119,876 |
Amortization of acquired intangible assets by segment for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 was as follows:
|  | Fiscal Years Ended |
|  | March 31, 2018 |  |  | March 31, 2017 |  |  | March 31, 2016 |
|  | (In thousands) |
Satellite services |  | $ | 7,622 |  |  | $ | 5,866 |  |  | $ | 9,122 |
Commercial networks |  |  | 1,563 |  |  |  | 1,679 |  |  |  | 2,569 |
Government systems |  |  | 3,046 |  |  |  | 3,243 |  |  |  | 4,747 |
Total amortization of acquired intangible assets |  | $ | 12,231 |  |  | $ | 10,788 |  |  | $ | 16,438 |
Revenue information by geographic area for the fiscal years ended March 31, 2018, March 31, 2017 and March 31, 2016 was as follows:
|  | Fiscal Years Ended |
|  | March 31, 2018 |  |  | March 31, 2017 |  |  | March 31, 2016 |
|  | (In thousands) |
United States |  | $ | 1,403,473 |  |  | $ | 1,352,002 |  |  | $ | 1,207,651 |
Europe, the Middle East and Africa |  |  | 85,704 |  |  |  | 85,828 |  |  |  | 80,202 |
Asia, Pacific |  |  | 72,465 |  |  |  | 88,888 |  |  |  | 79,213 |
North America other than United States |  |  | 18,777 |  |  |  | 24,649 |  |  |  | 38,957 |
Central and Latin America |  |  | 14,206 |  |  |  | 7,970 |  |  |  | 11,408 |
Total revenues |  | $ | 1,594,625 |  |  | $ | 1,559,337 |  |  | $ | 1,417,431 |
The Company distinguishes revenues from external customers by geographic area based on customer location. The net book value of long-lived assets located outside the United States was $53.4 million at March 31, 2018, $32.4 million at March 31, 2017 and $23.7 million at March 31, 2016.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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