2019 Q2 Form 10-Q Financial Statement

#000119312519142871 Filed on May 09, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q4
Revenue $71.24M $70.55M $217.2M
YoY Change -68.68% -69.57% 15.54%
Cost Of Revenue -$54.80M $97.90M -$296.1M
YoY Change -139.71% -23.03% -454.61%
Gross Profit -$2.900M $101.7M -$90.30M
YoY Change -103.24% -2.77% -186.41%
Gross Profit Margin -4.07% 144.16% -41.57%
Selling, General & Admin $40.08M $34.77M -$34.10M
YoY Change 9.61% -15.31% -184.62%
% of Gross Profit 34.19%
Research & Development $17.60M $14.10M -$69.70M
YoY Change -2.22% -26.56% -332.33%
% of Gross Profit 13.86%
Depreciation & Amortization $29.97M $30.75M -$86.00M
YoY Change -6.17% -14.39% -276.59%
% of Gross Profit 30.24%
Operating Expenses $57.68M $48.87M -$170.3M
YoY Change 5.71% -18.9% -243.23%
Operating Profit $16.87M $23.17M -$9.691M
YoY Change -326.5% -1167.11% -32.83%
Interest Expense $36.15M $32.55M -$29.90M
YoY Change 17.98% 6.55% 2.4%
% of Operating Profit 214.26% 140.52%
Other Income/Expense, Net -$93.33M -$28.04M -$100.0K
YoY Change 214.36% -3.22% -75.0%
Pretax Income -$83.66M -$16.59M $50.00M
YoY Change 125.28% -46.72% -213.38%
Income Tax $304.0K $207.0K -$3.900M
% Of Pretax Income -7.8%
Net Earnings -$83.96M -$16.80M -$59.69M
YoY Change 125.66% -38.73% 45.09%
Net Earnings / Revenue -117.86% -23.81% -27.48%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.028M -$209.0K -$726.3K
COMMON SHARES
Basic Shares Outstanding 87.80M 87.56M 87.46M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.9M $188.7M $223.5M
YoY Change -30.99% -37.04% -45.37%
Cash & Equivalents $181.9M $188.7M $184.2M
Short-Term Investments $0.00 $0.00 $39.30M
Other Short-Term Assets $17.40M $21.30M $24.30M
YoY Change -32.56% -25.52% 19.7%
Inventory $151.5M $147.4M $193.0M
Prepaid Expenses $5.344M $7.170M $7.755M
Receivables $114.0M $123.8M $134.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $477.8M $492.0M $585.5M
YoY Change -22.72% -21.76% -1.24%
LONG-TERM ASSETS
Property, Plant & Equipment $549.9M $565.5M $511.9M
YoY Change 3.34% 6.56% -21.98%
Goodwill $600.0K $600.0K $600.0K
YoY Change 0.0% 0.0% 0.0%
Intangibles $80.54M $82.27M $82.87M
YoY Change -2.32% -1.92% -4.21%
Long-Term Investments
YoY Change
Other Assets $104.5M $86.33M $84.21M
YoY Change 47.79% 53.82% 25.49%
Total Long-Term Assets $804.3M $804.8M $679.6M
YoY Change 17.25% 19.89% -16.13%
TOTAL ASSETS
Total Short-Term Assets $477.8M $492.0M $585.5M
Total Long-Term Assets $804.3M $804.8M $679.6M
Total Assets $1.282B $1.297B $1.265B
YoY Change -1.7% -0.26% -9.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.62M $27.86M $23.86M
YoY Change -20.51% -33.9% -12.05%
Accrued Expenses $185.2M $183.1M $213.1M
YoY Change -9.67% 11.95% 5.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0K $600.0K $700.0K
YoY Change -64.29% -60.0% -61.11%
Total Short-Term Liabilities $270.1M $271.3M $299.7M
YoY Change -12.36% -0.58% -5.25%
LONG-TERM LIABILITIES
Long-Term Debt $1.092B $1.030B $1.025B
YoY Change 7.92% 2.38% 2.4%
Other Long-Term Liabilities $48.49M $47.56M $80.19M
YoY Change -42.2% -45.68% -40.45%
Total Long-Term Liabilities $1.376B $1.310B $1.234B
YoY Change 12.36% 7.46% -3.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $270.1M $271.3M $299.7M
Total Long-Term Liabilities $1.376B $1.310B $1.234B
Total Liabilities $1.646B $1.581B $1.534B
YoY Change 7.39% 5.99% -3.82%
SHAREHOLDERS EQUITY
Retained Earnings -$1.333B -$1.249B -$1.229B
YoY Change 17.7% 14.27% 12.79%
Common Stock $971.1M $967.7M $1.709M
YoY Change 7.06% 7.16% -99.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$363.6M -$284.0M -$268.8M
YoY Change
Total Liabilities & Shareholders Equity $1.282B $1.297B $1.265B
YoY Change -1.7% -0.26% -9.84%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q4
OPERATING ACTIVITIES
Net Income -$83.96M -$16.80M -$59.69M
YoY Change 125.66% -38.73% 45.09%
Depreciation, Depletion And Amortization $29.97M $30.75M -$86.00M
YoY Change -6.17% -14.39% -276.59%
Cash From Operating Activities $11.70M -$6.156M -$113.8M
YoY Change -31.98% -86.68% -276.43%
INVESTING ACTIVITIES
Capital Expenditures -$14.50M $23.15M $113.8M
YoY Change -72.38% -59.3% -272.42%
Acquisitions
YoY Change
Other Investing Activities $300.0K -$95.00K $49.30M
YoY Change -99.49% -303.72%
Cash From Investing Activities -$14.30M $11.71M $163.0M
YoY Change -307.25% -136.02% -280.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.100M -740.0K 31.20M
YoY Change 200.0% 7.56% -5300.0%
NET CHANGE
Cash From Operating Activities 11.70M -6.156M -113.8M
Cash From Investing Activities -14.30M 11.71M 163.0M
Cash From Financing Activities -2.100M -740.0K 31.20M
Net Change In Cash -4.700M 4.535M 80.40M
YoY Change -120.09% -105.72% -406.87%
FREE CASH FLOW
Cash From Operating Activities $11.70M -$6.156M -$113.8M
Capital Expenditures -$14.50M $23.15M $113.8M
Free Cash Flow $26.20M -$29.31M -$227.6M
YoY Change -62.41% -71.57% -274.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
134308000
CY2019Q1 us-gaap Inventory Net
InventoryNet
147354000
CY2018Q4 us-gaap Inventory Net
InventoryNet
193045000
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
32140000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
34695000
CY2019Q1 us-gaap Assets Current
AssetsCurrent
491975000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
585526000
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
565485000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
511867000
CY2019Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
82888000
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
83491000
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
86333000
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
39323000
CY2019Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
188690000
CY2018Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
223478000
CY2019Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
123791000
CY2019Q1 us-gaap Assets
Assets
1296810000
CY2018Q4 us-gaap Assets
Assets
1265096000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
188690000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
184155000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
84212000
CY2019Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
804835000
CY2018Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
679570000
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
27861000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
23860000
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
183067000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
213111000
CY2019Q1 us-gaap Liabilities
Liabilities
1580784000
CY2018Q4 us-gaap Liabilities
Liabilities
1533857000
CY2019Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
37602000
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
38571000
CY2019Q1 gogo Deferred Airborne Lease Incentive Current
DeferredAirborneLeaseIncentiveCurrent
22726000
CY2018Q4 gogo Deferred Airborne Lease Incentive Current
DeferredAirborneLeaseIncentiveCurrent
24145000
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
271256000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
299687000
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1030359000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1024893000
CY2019Q1 gogo Deferred Airborne Lease Incentive Non Current
DeferredAirborneLeaseIncentiveNonCurrent
131743000
CY2018Q4 gogo Deferred Airborne Lease Incentive Non Current
DeferredAirborneLeaseIncentiveNonCurrent
129086000
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
47556000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
80191000
CY2019Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1309528000
CY2018Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1234170000
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
9000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
9000
CY2019Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
967727000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
963458000
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3144000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3554000
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1248566000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1228674000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-283974000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-268761000
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1296810000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1265096000
CY2019Q1 gogo Cost Of Services Exclusive Of Depreciation And Amortization
CostOfServicesExclusiveOfDepreciationAndAmortization
68121000
CY2018Q1 gogo Cost Of Services Exclusive Of Depreciation And Amortization
CostOfServicesExclusiveOfDepreciationAndAmortization
74947000
CY2019Q1 gogo Cost Of Goods Sold Exclusive Of Depreciation And Amortization
CostOfGoodsSoldExclusiveOfDepreciationAndAmortization
29731000
CY2018Q1 gogo Cost Of Goods Sold Exclusive Of Depreciation And Amortization
CostOfGoodsSoldExclusiveOfDepreciationAndAmortization
52293000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199549000
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
231825000
CY2019Q1 gogo Engineering Design And Development Expense
EngineeringDesignAndDevelopmentExpense
24728000
CY2018Q1 gogo Engineering Design And Development Expense
EngineeringDesignAndDevelopmentExpense
29777000
CY2019Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
12318000
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15901000
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22454000
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25159000
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
188101000
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
233996000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
11448000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2171000
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1149000
CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1076000
CY2019Q1 us-gaap Interest Expense
InterestExpense
32554000
CY2018Q1 us-gaap Interest Expense
InterestExpense
30554000
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3365000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
505000
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28040000
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28973000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-16592000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31144000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
207000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3725000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-16799000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-27419000
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
80446000
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
79696000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-16799000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-27419000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
410000
CY2018Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
CY2019Q1 gogo Stock Compensation Activity
StockCompensationActivity
-58000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-834000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-16389000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-28253000
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30749000
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35919000
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1241000
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1687000
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
44000
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3863000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4327000
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4386000
CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4774000
CY2018Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4539000
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-10635000
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14046000
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1118000
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12304000
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3015000
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1863000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-16799000
CY2018Q1 us-gaap Profit Loss
ProfitLoss
-27419000
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2843000
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
11755000
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19381000
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7229000
CY2019Q1 gogo Increase Decrease Deferred Airborne Lease Incentive
IncreaseDecreaseDeferredAirborneLeaseIncentive
-3923000
CY2018Q1 gogo Increase Decrease Deferred Airborne Lease Incentive
IncreaseDecreaseDeferredAirborneLeaseIncentive
-1834000
CY2019Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2257000
CY2018Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5440000
CY2019Q1 gogo Increase Decrease In Accrued Interest Payable
IncreaseDecreaseInAccruedInterestPayable
-19514000
CY2018Q1 gogo Increase Decrease In Accrued Interest Payable
IncreaseDecreaseInAccruedInterestPayable
-24955000
CY2019Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-208000
CY2018Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
1171000
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6156000
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-46205000
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23154000
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
56886000
CY2019Q1 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
4557000
CY2018Q1 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
5772000
CY2018Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
39323000
CY2019Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
39323000
CY2018Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
69482000
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-95000
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11707000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32499000
CY2019Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
557000
CY2018Q1 gogo Stock Compensation Activity
StockCompensationActivity
-70000
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-276000
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
75000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4535000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-79317000
CY2019Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
16363000
CY2019Q1 gogo Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
7200000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16799000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-27419000
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
80446000
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
79696000
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1022575000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
944772000
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
457090000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
432905000
CY2019Q1 gogo Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
5426000
CY2018Q4 gogo Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
5426000
CY2019Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
9082000
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
12816000
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13437000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19463000
CY2019Q1 gogo Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
17625000
CY2018Q4 gogo Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
25119000
CY2019Q1 us-gaap Interest Payable Current
InterestPayableCurrent
27180000
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
46694000
CY2019Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
44892000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
44910000
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
35897000
CY2019Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
24709000
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
21482000
CY2019Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
9945000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
9696000
CY2019Q1 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
2206000
CY2018Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
2162000
CY2019Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
10696000
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
10954000
CY2019Q1 us-gaap Goodwill
Goodwill
600000
CY2019Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
187111000
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
137126000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
182385000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
131797000
CY2019Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
219394000
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
214668000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5300000
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7600000
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
49985000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50588000
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82268000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82871000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16775000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15915000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11061000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4230000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1090000
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
914000
CY2019Q1 us-gaap Long Term Debt
LongTermDebt
1046722000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1041948000
CY2019Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11750000
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12291000
CY2019Q1 gogo Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
14989000
CY2019Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10852000
CY2019Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7170000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7755000
CY2019Q1 gogo Other Restricted Cash Current
OtherRestrictedCashCurrent
1535000
CY2018Q4 gogo Other Restricted Cash Current
OtherRestrictedCashCurrent
1535000
CY2019Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
12583000
CY2018Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
14982000
CY2019Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
55536000
CY2019Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
16289000
CY2019Q1 gogo Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
41609000
CY2018Q4 gogo Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
45077000
CY2018Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
17055000
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1030359000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1024893000
CY2015Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
140000000
CY2019Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
26531000
CY2018Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
24980000
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1249000
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1035000
CY2019Q1 us-gaap Accretion Expense
AccretionExpense
5534000
CY2018Q1 us-gaap Accretion Expense
AccretionExpense
5224000
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-760000
CY2019Q1 us-gaap Interest Expense
InterestExpense
32554000
CY2018Q1 us-gaap Interest Expense
InterestExpense
30554000
CY2019Q1 gogo Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
32683000
CY2018Q1 gogo Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
30598000
CY2018Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-685000
CY2019Q1 gogo Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
3700000
CY2018Q1 gogo Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
6400000
CY2019Q1 gogo Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
8953000
CY2018Q1 gogo Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
7630000
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30749000
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35919000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4327000
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4386000
CY2019Q1 us-gaap Interest Expense
InterestExpense
32554000
CY2018Q1 us-gaap Interest Expense
InterestExpense
30554000
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1149000
CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1076000
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3365000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
505000
CY2019Q1 gogo Segment Profit
SegmentProfit
37891000
CY2018Q1 gogo Segment Profit
SegmentProfit
11374000
CY2019Q1 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.00
CY2019Q1 gogo Defined Contribution Plan Employer Matching Contribution Limit Percent
DefinedContributionPlanEmployerMatchingContributionLimitPercent
0.04
CY2019Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000
CY2018Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1200000
CY2019Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
6175000
CY2019Q1 gogo Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
-588000
CY2018Q1 gogo Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
442000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-740000
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-688000
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
831000000
CY2018Q4 gogo Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
19557000
CY2018Q2 gogo Airline Partner Rebate
AirlinePartnerRebate
1800000
CY2019Q1 gogo Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
-320000
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14100000
CY2018Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19200000
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
583000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
500000
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
87878770
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
87678812
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
87797614
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
87560694
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4327000
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4386000
CY2019Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
125000
CY2018Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
618000
CY2018Q1 gogo Gain Loss On Transition To Airline Directed Model
GainLossOnTransitionToAirlineDirectedModel
19302000
CY2018Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-2578000
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1302928
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70129000
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
99870000
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2019Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
111963
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
5225
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-268761000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
410000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4327000
CY2019Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
161667
CY2019Q1 gogo Tax Withholding Related To Vesting Of Restricted Stock Units
TaxWithholdingRelatedToVestingOfRestrictedStockUnits
351000
CY2019Q1 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
293000
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-3093000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-283974000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-191564000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-834000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4386000
CY2018Q1 gogo Tax Withholding Related To Vesting Of Restricted Stock Units
TaxWithholdingRelatedToVestingOfRestrictedStockUnits
526000
CY2018Q1 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
456000
CY2018Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
24165000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-191336000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1228674000
CY2019Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates the significant estimates and bases such estimates on historical experience and on various other assumptions believed to be reasonable under the circumstances. However, actual results could differ materially from those estimates. </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q1 gogo Income From Transition Services
IncomeFromTransitionServices
19302000
CY2018Q1 gogo Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
-172000
CY2019Q1 gogo Number Of Classes Of Common Stock Outstanding
NumberOfClassesOfCommonStockOutstanding
1
CY2018 gogo Number Of Classes Of Common Stock Outstanding
NumberOfClassesOfCommonStockOutstanding
1
CY2019Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.120
CY2019Q1 gogo Tax Cuts And Jobs Act Of2017 Change In Tax Rate Deferred Tax Assets Valuation Allowance
TaxCutsAndJobsActOf2017ChangeInTaxRateDeferredTaxAssetsValuationAllowance
4000000
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2019Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0
CY2019Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
29043000
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
30340000
CY2019Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
118311000
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
162705000
CY2019Q1 us-gaap Inventory Net
InventoryNet
147354000
CY2018Q4 us-gaap Inventory Net
InventoryNet
193045000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10423000
CY2018Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
49517000
CY2018Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
16453000
CY2019Q1 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2018Q1 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2019Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
77300000
CY2019Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
95200000
CY2019Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
81300000
CY2019Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
67600000
CY2019Q1 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
58800000
CY2019Q1 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
159000000
CY2018Q4 us-gaap Goodwill
Goodwill
600000
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4918000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
15606000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
19441000
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
205000
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000
CY2019Q1 us-gaap Lease Cost
LeaseCost
5134000
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
6117000
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
11000
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
125000
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
279000
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.103
CY2019Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.087
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2019Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
16966000
CY2019Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
550000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
21192000
CY2019Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
206000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
20870000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
76900000
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
170975000
CY2019Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
756000
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
59520000
CY2019Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
28000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
111455000
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
728000
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11585000
CY2019Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
584000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
111455000
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
728000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
195651000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124412000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
195651000
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124412000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
188690000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
117039000
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
46163000
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
49911000
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
41000
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
15000
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19951000
CY2018Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
23325000
CY2019Q1 gogo Purchases Of Property And Equipment Paid By Airlines
PurchasesOfPropertyAndEquipmentPaidByAirlines
5016000
CY2018Q1 gogo Purchases Of Property And Equipment Paid By Airlines
PurchasesOfPropertyAndEquipmentPaidByAirlines
2060000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191116000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
203729000
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
87797851
CY2019Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2019Q1 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
Next one to three years
CY2019Q1 gogo Customer Service Revenue Occurring Period
CustomerServiceRevenueOccurringPeriod
P1Y
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11585000
CY2018Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6635000
CY2019Q1 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
20 years
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
99870000
CY2019Q1 gogo Other Non Current Finance Lease Liabilities
OtherNonCurrentFinanceLeaseLiabilities
144000
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.012
CY2019Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
1535000
CY2018Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
738000
CY2019Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5426000
CY2018Q1 gogo Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
7200000
CY2019Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 12pt;text-indent: 0.80in;"></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 12pt;text-indent: 0.80in;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; text-indent: 24.5pt;;font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassifications</div></div> &#8211; To conform with the current year presentation, certain amounts in our unaudited condensed consolidated statements of cash flows for the three month period ended March 31, 2018 have been reclassified. Specifically, contract assets and warranty reserves are presented separately. Contract assets of $2,578 thousand was originally included as $967 thousand within prepaid expenses and $1,611 thousand within other current assets and other non- current assets and liabilities. Warranty reserves of $442 thousand was originally included within accrued liabilities. Additionally, within our unaudited condensed consolidated balance sheets as of December 31, 2018, $652 thousand of the current portion of financing lease liabilities has been combined with accrued liabilities.</div><div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2578000
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
Gogo Inc.
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001537054
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q1 dei Trading Symbol
TradingSymbol
GOGO
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
21902000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
19867000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
19742000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
18420000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
14826000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
78100000
CY2018Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet

Files In Submission

Name View Source Status
0001193125-19-142871-index-headers.html Edgar Link pending
0001193125-19-142871-index.html Edgar Link pending
0001193125-19-142871.txt Edgar Link pending
0001193125-19-142871-xbrl.zip Edgar Link pending
d736492d10q.htm Edgar Link pending
d736492dex10157.htm Edgar Link pending
d736492dex10158.htm Edgar Link pending
d736492dex10159.htm Edgar Link pending
d736492dex10160.htm Edgar Link pending
d736492dex10161.htm Edgar Link pending
d736492dex10220.htm Edgar Link pending
d736492dex10221.htm Edgar Link pending
d736492dex10222.htm Edgar Link pending
d736492dex10223.htm Edgar Link pending
d736492dex10224.htm Edgar Link pending
d736492dex10817.htm Edgar Link pending
d736492dex10818.htm Edgar Link pending
d736492dex311.htm Edgar Link pending
d736492dex312.htm Edgar Link pending
d736492dex321.htm Edgar Link pending
d736492dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g736492g0508030515226.jpg Edgar Link pending
g736492g29j17.jpg Edgar Link pending
g736492g29o37.jpg Edgar Link pending
g736492g92a89.jpg Edgar Link pending
gogo-20190331.xml Edgar Link completed
gogo-20190331.xsd Edgar Link pending
gogo-20190331_cal.xml Edgar Link unprocessable
gogo-20190331_def.xml Edgar Link unprocessable
gogo-20190331_lab.xml Edgar Link unprocessable
gogo-20190331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending