XML 29 R21.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Basis of Presentation (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2023
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, 2023 and 2022:
|  | Three Months Ended December 31, 2023 |
|  | Satellite Services |  |  | Commercial Networks |  |  | Government Systems |  |  | Total Revenues |
|  | (In thousands) |
Product revenues |  | $ | — |  |  | $ | 144,525 |  |  | $ | 158,548 |  |  | $ | 303,073 |
Service revenues |  |  | 581,429 |  |  |  | 21,835 |  |  |  | 222,202 |  |  |  | 825,466 |
Total revenues |  | $ | 581,429 |  |  | $ | 166,360 |  |  | $ | 380,750 |  |  | $ | 1,128,539 |
|  | Nine Months Ended December 31, 2023 |
|  | Satellite Services |  |  | Commercial Networks |  |  | Government Systems |  |  | Total Revenues |
|  | (In thousands) |
Product revenues |  | $ | — |  |  | $ | 523,517 |  |  | $ | 417,657 |  |  | $ | 941,174 |
Service revenues |  |  | 1,565,247 |  |  |  | 66,636 |  |  |  | 560,688 |  |  |  | 2,192,571 |
Total revenues |  | $ | 1,565,247 |  |  | $ | 590,153 |  |  | $ | 978,345 |  |  | $ | 3,133,745 |
|  | Three Months Ended December 31, 2022 |
|  | Satellite Services |  |  | Commercial Networks |  |  | Government Systems |  |  | Total Revenues |
|  | (In thousands) |
Product revenues |  | $ | — |  |  | $ | 147,163 |  |  | $ | 102,152 |  |  | $ | 249,315 |
Service revenues |  |  | 302,412 |  |  |  | 20,060 |  |  |  | 79,657 |  |  |  | 402,129 |
Total revenues |  | $ | 302,412 |  |  | $ | 167,223 |  |  | $ | 181,809 |  |  | $ | 651,444 |
|  | Nine Months Ended December 31, 2022 |
|  | Satellite Services |  |  | Commercial Networks |  |  | Government Systems |  |  | Total Revenues |
|  | (In thousands) |
Product revenues |  | $ | — |  |  | $ | 400,569 |  |  | $ | 282,200 |  |  | $ | 682,769 |
Service revenues |  |  | 915,059 |  |  |  | 59,465 |  |  |  | 232,766 |  |  |  | 1,207,290 |
Total revenues |  | $ | 915,059 |  |  | $ | 460,034 |  |  | $ | 514,966 |  |  | $ | 1,890,059 |
Summary of Contract Assets and Liabilities | The following table presents contract assets and liabilities as of December 31, 2023 and March 31, 2023:
|  | As of December 31, 2023 |  |  | As of March 31, 2023 |
|  | (In thousands) |
Unbilled accounts receivable |  | $ | 148,064 |  |  | $ | 104,889 |
Collections in excess of revenues and deferred revenues |  |  | 266,147 |  |  |  | 132,187 |
Deferred revenues, long-term portion |  |  | 905,373 |  |  |  | 84,747 |
Summary of Restrictions on Cash and Cash Equivalents | the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that total to the amounts shown in the condensed consolidated statements of cash flows.
|  | As of December 31, 2023 |  |  | As of March 31, 2023 |
|  | (In thousands) |
Cash and cash equivalents |  | $ | 1,621,228 |  |  | $ | 1,348,854 |
Restricted cash |  |  | — |  |  |  | 30,532 |
Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows |  | $ | 1,621,228 |  |  | $ | 1,379,386 |
Summary of Minority Interest | The following table summarizes the effect of the change in the Company's percentage ownership interest in TrellisWare on the Company's equity for the three and nine months ended December 31, 2023 and 2022:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, 2023 |  |  | December 31, 2022 |  |  | December 31, 2023 |  |  | December 31, 2022 |
|  | (In thousands) |
Net income (loss) attributable to Viasat, Inc. |  | $ | (124,399 | ) |  | $ | (42,228 | ) |  | $ | (968,641 | ) |  | $ | (112,032 | )
Transfers to noncontrolling interest |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (11,783 | )
Change from net income (loss) attributable to Viasat, Inc. and transfers from (to) noncontrolling interest |  | $ | (124,399 | ) |  | $ | (42,228 | ) |  | $ | (968,641 | ) |  | $ | (123,815 | )

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

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minority interest table text block + References No definition available. + Details
Name: | vsat_MinorityInterestTableTextBlock
Namespace Prefix: | vsat_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration