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Segment Information (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2024
Segment Reporting [Abstract] |
Segment Revenues and Operating Profits (Losses) | Segment revenues and operating profits (losses) for the fiscal years ended March 31, 2024, 2023 and 2022 were as follows:
|  | Fiscal Years Ended |
|  | March 31, 2024 |  |  | March 31, 2023 |  |  | March 31, 2022 |
|  | (In thousands) |
Revenues: |  |  |  |  |  |  |  |  |
Satellite services |  |  |  |  |  |  |  |  |
Product |  | $ | — |  |  | $ | — |  |  | $ | — |
Service |  |  | 2,141,775 |  |  |  | 1,210,733 |  |  |  | 1,188,816 |
Total |  |  | 2,141,775 |  |  |  | 1,210,733 |  |  |  | 1,188,816 |
Commercial networks |  |  |  |  |  |  |  |  |
Product |  |  | 685,868 |  |  |  | 530,374 |  |  |  | 443,435 |
Service |  |  | 91,973 |  |  |  | 82,273 |  |  |  | 68,664 |
Total |  |  | 777,841 |  |  |  | 612,647 |  |  |  | 512,099 |
Government systems |  |  |  |  |  |  |  |  |
Product |  |  | 593,296 |  |  |  | 423,752 |  |  |  | 417,291 |
Service |  |  | 770,846 |  |  |  | 309,026 |  |  |  | 298,973 |
Total |  |  | 1,364,142 |  |  |  | 732,778 |  |  |  | 716,264 |
Elimination of intersegment revenues |  |  | — |  |  |  | — |  |  |  | — |
Total revenues |  | $ | 4,283,758 |  |  | $ | 2,556,158 |  |  | $ | 2,417,179 |
Operating profits (losses): |  |  |  |  |  |  |  |  |
Satellite services |  | $ | (770,883 | ) |  | $ | (41,045 | ) |  | $ | 31,559 |
Commercial networks |  |  | (134,956 | ) |  |  | (145,319 | ) |  |  | (209,093 | )
Government systems |  |  | 243,198 |  |  |  | 60,219 |  |  |  | 93,122 |
Elimination of intersegment operating profits (losses) |  |  | — |  |  |  | — |  |  |  | — |
Segment operating profit (loss) before corporate and amortization of acquired intangible assets |  |  | (662,641 | ) |  |  | (126,145 | ) |  |  | (84,412 | )
Corporate |  |  | — |  |  |  | — |  |  |  | — |
Amortization of acquired intangible assets |  |  | (227,165 | ) |  |  | (29,811 | ) |  |  | (28,729 | )
Income (loss) from operations |  | $ | (889,806 | ) |  | $ | (155,956 | ) |  | $ | (113,141 | )
Segment Assets | Segment assets as of March 31, 2024 and 2023 were as follows:
|  | As of March 31, 2024 |  |  | As of March 31, 2023 |
|  | (In thousands) |
Segment assets: |  |  |  |  |  |
Satellite services |  | $ | 3,518,456 |  |  | $ | 424,881 |
Commercial networks |  |  | 398,821 |  |  |  | 328,828 |
Government systems |  |  | 1,243,708 |  |  |  | 293,780 |
Total segment assets |  |  | 5,160,985 |  |  |  | 1,047,489 |
Corporate assets |  |  | 11,168,379 |  |  |  | 6,682,848 |
Total assets |  | $ | 16,329,364 |  |  | $ | 7,730,337 |
Other Acquired Intangible Assets, Net and Goodwill Included in Segment Assets and Amortization of Acquired Intangible Assets by Segment | Other acquired intangible assets, net and goodwill included in segment assets as of March 31, 2024 and 2023 were as follows:
|  | Other Acquired Intangible Assets, Net |  |  | Goodwill |
|  | As of March 31, 2024 |  |  | As of March 31, 2023 |  |  | As of March 31, 2024 |  |  | As of March 31, 2023 |
|  | (In thousands) |
Satellite services |  | $ | 2,174,628 |  |  | $ | 200,097 |  |  | $ | 1,055,929 |  |  | $ | 80,589 |
Commercial networks |  |  | — |  |  |  | — |  |  |  | 41,048 |  |  |  | 41,014 |
Government systems |  |  | 369,839 |  |  |  | 1,108 |  |  |  | 524,786 |  |  |  | 36,939 |
Total |  | $ | 2,544,467 |  |  | $ | 201,205 |  |  | $ | 1,621,763 |  |  | $ | 158,542 |
Amortization of acquired intangible assets by segment for the fiscal years ended March 31, 2024, 2023 and 2022 was as follows:
|  | Fiscal Years Ended |
|  | March 31, 2024 |  |  | March 31, 2023 |  |  | March 31, 2022 |
|  | (In thousands) |
Satellite services |  | $ | 197,563 |  |  | $ | 28,641 |  |  | $ | 27,220 |
Commercial networks |  |  | — |  |  |  | — |  |  |  | — |
Government systems |  |  | 29,602 |  |  |  | 1,170 |  |  |  | 1,509 |
Total amortization of acquired intangible assets |  | $ | 227,165 |  |  | $ | 29,811 |  |  | $ | 28,729 |
Revenues by Geographic Area | Revenues by geographic area for the fiscal years ended March 31, 2024, 2023 and 2022 were as follows:
|  | Fiscal Years Ended |
|  | March 31, 2024 |  |  | March 31, 2023 |  |  | March 31, 2022 |
|  | (In thousands) |
U.S. customers |  | $ | 3,029,303 |  |  | $ | 2,147,651 |  |  | $ | 2,036,019 |
Non U.S. customers (each country individually insignificant) |  |  | 1,254,455 |  |  |  | 408,507 |  |  |  | 381,160 |
Total revenues |  | $ | 4,283,758 |  |  | $ | 2,556,158 |  |  | $ | 2,417,179 |

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