2020 Q1 Form 10-K Financial Statement

#000119312520072797 Filed on March 13, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 2018 Q4
Revenue $70.93M $309.0M $217.2M
YoY Change 0.54% 6.49% 15.54%
Cost Of Revenue $19.50M $93.90M -$296.1M
YoY Change -80.08% 1.4% -454.61%
Gross Profit $51.40M $215.1M -$90.30M
YoY Change -49.46% 8.86% -186.41%
Gross Profit Margin 72.47% 69.62% -41.57%
Selling, General & Admin $19.16M $75.86M -$34.10M
YoY Change -44.91% -50.45% -184.62%
% of Gross Profit 37.27% 35.27%
Research & Development $7.400M $26.00M -$69.70M
YoY Change -47.52% 40.54% -332.33%
% of Gross Profit 14.4% 12.09%
Depreciation & Amortization $3.579M $16.69M -$86.00M
YoY Change -88.36% 16.2% -276.59%
% of Gross Profit 6.96% 7.76%
Operating Expenses $26.56M $101.9M -$170.3M
YoY Change -45.66% -40.64% -243.23%
Operating Profit $21.32M $96.53M -$9.691M
YoY Change -7.99% 17.13% -32.83%
Interest Expense $31.14M $130.5M -$29.90M
YoY Change -4.33% 6.4% 2.4%
% of Operating Profit 146.09% 135.16%
Other Income/Expense, Net -$30.56M -$184.5M -$100.0K
YoY Change 9.0% 33.45% -75.0%
Pretax Income -$9.247M -$87.93M $50.00M
YoY Change -44.27% 57.55% -213.38%
Income Tax $141.0K $563.0K -$3.900M
% Of Pretax Income -7.8%
Net Earnings -$84.78M -$146.0M -$59.69M
YoY Change 404.66% -9.89% 45.09%
Net Earnings / Revenue -119.53% -47.25% -27.48%
Basic Earnings Per Share -$1.81
Diluted Earnings Per Share -$1.044M -$1.81 -$726.3K
COMMON SHARES
Basic Shares Outstanding 83.32M 80.77K 87.46M shares
Diluted Shares Outstanding 80.77K

Balance Sheet

Concept 2020 Q1 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.2M $170.0M $223.5M
YoY Change 13.51% -23.94% -45.37%
Cash & Equivalents $214.2M $170.0M $184.2M
Short-Term Investments $0.00 $39.30M
Other Short-Term Assets $22.20M $23.90M $24.30M
YoY Change 4.23% -1.65% 19.7%
Inventory $123.2M $117.1M $193.0M
Prepaid Expenses $7.970M $7.755M
Receivables $92.62M $113.7M $134.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $466.5M $424.8M $585.5M
YoY Change -5.18% -27.45% -1.24%
LONG-TERM ASSETS
Property, Plant & Equipment $505.6M $623.7M $511.9M
YoY Change -10.59% 21.84% -21.98%
Goodwill $600.0K $600.0K
YoY Change 0.0% 0.0%
Intangibles $74.46M $82.87M
YoY Change -9.49% -4.21%
Long-Term Investments
YoY Change
Other Assets $86.23M $37.80M $84.21M
YoY Change -0.12% 8.93% 25.49%
Total Long-Term Assets $725.0M $789.9M $679.6M
YoY Change -9.92% 16.23% -16.13%
TOTAL ASSETS
Total Short-Term Assets $466.5M $424.8M $585.5M
Total Long-Term Assets $725.0M $789.9M $679.6M
Total Assets $1.191B $1.215B $1.265B
YoY Change -8.12% -3.98% -9.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.00M $17.20M $23.86M
YoY Change 29.19% -28.03% -12.05%
Accrued Expenses $176.2M $173.5M $213.1M
YoY Change -3.73% -18.35% 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 -16.67% -14.29% -61.11%
Total Short-Term Liabilities $271.4M $252.6M $299.7M
YoY Change 0.06% -15.72% -5.25%
LONG-TERM LIABILITIES
Long-Term Debt $1.125B $1.102B $1.025B
YoY Change 9.16% 7.53% 2.4%
Other Long-Term Liabilities $53.79M $256.3M $80.19M
YoY Change 13.12% 23.88% -40.45%
Total Long-Term Liabilities $1.407B $1.359B $1.234B
YoY Change 7.42% 10.28% -3.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $271.4M $252.6M $299.7M
Total Long-Term Liabilities $1.407B $1.359B $1.234B
Total Liabilities $1.678B $1.614B $1.534B
YoY Change 6.15% 5.2% -3.82%
SHAREHOLDERS EQUITY
Retained Earnings -$1.465B -$1.229B
YoY Change 17.3% 12.79%
Common Stock $1.082B $1.709M
YoY Change 11.8% -99.81%
Preferred Stock
YoY Change
Treasury Stock (at cost) $98.86M
YoY Change
Treasury Stock Shares $5.100M
Shareholders Equity -$486.6M -$398.9M -$268.8M
YoY Change
Total Liabilities & Shareholders Equity $1.191B $1.215B $1.265B
YoY Change -8.12% -3.98% -9.84%

Cashflow Statement

Concept 2020 Q1 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$84.78M -$146.0M -$59.69M
YoY Change 404.66% -9.89% 45.09%
Depreciation, Depletion And Amortization $3.579M $16.69M -$86.00M
YoY Change -88.36% 16.2% -276.59%
Cash From Operating Activities $38.03M $64.06M -$113.8M
YoY Change -717.72% -177.83% -276.43%
INVESTING ACTIVITIES
Capital Expenditures $150.0K $1.490M $113.8M
YoY Change -99.35% -45.4% -272.42%
Acquisitions
YoY Change
Other Investing Activities -$89.00K -$2.446M $49.30M
YoY Change -6.32% -303.72%
Cash From Investing Activities -$15.22M -$73.71M $163.0M
YoY Change -230.02% -276.31% -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 18.86M -3.543M 31.20M
YoY Change -2648.38% -112.97% -5300.0%
NET CHANGE
Cash From Operating Activities 38.03M 64.06M -113.8M
Cash From Investing Activities -15.22M -73.71M 163.0M
Cash From Financing Activities 18.86M -3.543M 31.20M
Net Change In Cash 41.72M -13.44M 80.40M
YoY Change 819.85% 6.56% -406.87%
FREE CASH FLOW
Cash From Operating Activities $38.03M $64.06M -$113.8M
Capital Expenditures $150.0K $1.490M $113.8M
Free Cash Flow $37.88M $62.57M -$227.6M
YoY Change -229.23% -173.58% -274.41%

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CY2019Q4 gogo Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
7099000
CY2018Q4 gogo Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
5426000
CY2018 us-gaap Interest Expense
InterestExpense
122809000
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
13291000
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
12816000
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
29954000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19463000
CY2019Q4 gogo Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
11466000
CY2018Q4 gogo Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
25119000
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
17048000
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
46694000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
32802000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
36460000
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
35897000
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
21889000
CY2018Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
21482000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
11560000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
9696000
CY2019Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
2340000
CY2018Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
2162000
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
10704000
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
10954000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
46493000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
80191000
CY2018Q4 us-gaap Goodwill
Goodwill
600000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
151399000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
131797000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
194995000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
182385000
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
227278000
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
214668000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
43596000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50588000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
75879000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82871000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19600000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24900000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26500000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1125503000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1041948000
CY2019Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
24255000
CY2018Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
17055000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1101248000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1024893000
CY2015Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
140000000
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
110601000
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
100274000
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5260000
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4280000
CY2017 us-gaap Interest Expense Debt
InterestExpenseDebt
89915000
CY2019 us-gaap Accretion Expense
AccretionExpense
15729000
CY2018 us-gaap Accretion Expense
AccretionExpense
21105000
CY2019 us-gaap Interest Expense
InterestExpense
130572000
CY2019 gogo Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
131191000
CY2018 gogo Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
123205000
CY2018 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-2850000
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3743000
CY2017 us-gaap Accretion Expense
AccretionExpense
19520000
CY2017 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-1234000
CY2017 us-gaap Interest Expense
InterestExpense
111944000
CY2017 gogo Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
113045000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
63386000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
77808000
CY2019 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
21863000
CY2019 gogo Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
3875000
CY2018 gogo Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
8009000
CY2018 gogo Gain Loss On Transition To Airline Directed Model
GainLossOnTransitionToAirlineDirectedModel
21551000
CY2018 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
30485000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
177675000
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
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
560000
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1535000
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
7099000
CY2018Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5426000
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
741360000
CY2018 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
22726000
CY2019 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-1464000
CY2019 gogo Adjustment To Additional Paid In Capital Repurchase Of Convertible Notes
AdjustmentToAdditionalPaidInCapitalRepurchaseOfConvertibleNotes
-795000
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
529000000
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
23141000
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
30340000
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
94003000
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
162705000
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
12364000
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11299000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7755000
CY2019Q4 gogo Other Restricted Cash Current
OtherRestrictedCashCurrent
560000
CY2018Q4 gogo Other Restricted Cash Current
OtherRestrictedCashCurrent
1535000
CY2019Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
12082000
CY2018Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
14982000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10423000
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
51829000
CY2019Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
17453000
CY2018Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
49517000
CY2018Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
16453000
CY2019Q4 gogo Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
43592000
CY2018Q4 gogo Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
53527000
CY2019Q4 gogo Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
13843000
CY2018Q4 gogo Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
19557000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12241000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
19437000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
666000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
57000
CY2019 us-gaap Lease Cost
LeaseCost
20160000
CY2019 us-gaap Interest Expense
InterestExpense
130572000
CY2019Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
129700000
CY2019Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
109800000
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
85400000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
835726000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
893764000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
699090000
CY2019 gogo Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
28551000
CY2018 gogo Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
31650000
CY2017 gogo Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
41816000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
118817000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
133617000
CY2019 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
145490000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
16511000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
16912000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
19821000
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
23202000
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
57000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
713000
CY2019 gogo Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
25100000
CY2018 gogo Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
24500000
CY2017 gogo Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
30500000
CY2019Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
289000000
CY2019Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
90600000
CY2019Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
141300000
CY2018 us-gaap Interest Expense
InterestExpense
122809000
CY2017 us-gaap Interest Expense
InterestExpense
111944000
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
4210000
CY2018 us-gaap Investment Income Interest
InvestmentIncomeInterest
4292000
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
2964000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2602000
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-233000
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-750000
CY2019 gogo Segment Profit
SegmentProfit
179572000
CY2018 gogo Segment Profit
SegmentProfit
111705000
CY2017 gogo Segment Profit
SegmentProfit
97785000
CY2019 gogo Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
-2706000
CY2018 gogo Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
-1023000
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.00
CY2019 gogo Defined Contribution Plan Employer Matching Contribution Limit Percent
DefinedContributionPlanEmployerMatchingContributionLimitPercent
0.04
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5200000
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5100000
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5900000
CY2019 dei Amendment Flag
AmendmentFlag
false
CY2019 dei Trading Symbol
TradingSymbol
GOGO
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2281000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
19821000
CY2017 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-18286000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
43798000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4723000
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4990000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3402000
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
24941000
CY2017 gogo Increase Decrease Deferred Airborne Lease Incentive
IncreaseDecreaseDeferredAirborneLeaseIncentive
20407000
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
21477000
CY2017 gogo Increase Decrease In Accrued Interest Payable
IncreaseDecreaseInAccruedInterestPayable
7213000
CY2017 gogo Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
-152000
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
103000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
53682000
CY2017 gogo Purchases Of Property And Equipment Paid By Airlines
PurchasesOfPropertyAndEquipmentPaidByAirlines
23762000
CY2018 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
237750000
CY2018 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
200438000
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8054000
CY2019 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
979499000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
963458000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
686000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
500000
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
88292821
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
87678812
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
88240877
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
87560694
CY2017 us-gaap Profit Loss
ProfitLoss
-171995000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
145490000
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-8960000
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
4971000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
60256000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
252375000
CY2017 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
27855000
CY2017 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
317418000
CY2017 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
443103000
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2850000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157395000
CY2017 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
181754000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3630000
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2961000
CY2017 gogo Stock Compensation Activity
StockCompensationActivity
-227000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125189000
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
500000
CY2017Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6873000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
196356000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
86359000
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
449000
CY2018 gogo Adjustments To Additional Paid In Capital Issuance Of Convertible Notes Including Issuance Cost
AdjustmentsToAdditionalPaidInCapitalIssuanceOfConvertibleNotesIncludingIssuanceCost
-47421000
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Reclassifications<div style="display:inline;;font-family:times new roman, serif;">&#8212;</div></div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">To conform with the current year presentation, $652&#160;thousand of the current portion of capital lease liabilities has been combined with accrued liabilities in our consolidated balance sheet as of December&#160;31, 2018.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates&#8212;</div>The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) 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>
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-indent: 4%; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Concentrations of Credit Risk<div style="display:inline;;font-family:times new roman, serif;">&#8212;</div></div></div><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Financial instruments that potentially subject us to a concentration of credit risk consist principally of cash and cash equivalents and accounts receivable. All cash and cash equivalents are invested with creditworthy financial institutions. We perform ongoing credit evaluations and generally do not require collateral to support receivables. </div></div><div style="text-indent: 4%; font-family: &quot;times new roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; line-height: 12pt;"><div style="font-family: &quot;times new roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">See Note 11, &#8220;Business Segments and Major Customers,&#8221; for further details. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
78100000
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
71500000
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
72700000
CY2019 us-gaap Depreciation
Depreciation
99200000
CY2018 us-gaap Depreciation
Depreciation
107100000
CY2017 us-gaap Depreciation
Depreciation
120600000
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2018 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2017 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2015Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
140000000
CY2017Q4 us-gaap Inventory Net
InventoryNet
45543000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
20310000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
656038000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
67107000
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
43448000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
134655000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1089369000
CY2018 gogo Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
7200000
CY2017 gogo Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
7200000
CY2019 gogo Customer Service Revenue Occurring Period
CustomerServiceRevenueOccurringPeriod
P1Y
CY2019 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
next one to three years
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
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800000
CY2017Q4 us-gaap Standard Product Warranty Accrual
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2424000
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
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10172000
CY2018 us-gaap Standard Product Warranty Accrual Payments
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305000
CY2018Q4 us-gaap Standard Product Warranty Accrual
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12291000
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
8754000
CY2019 us-gaap Standard Product Warranty Accrual Payments
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7880000
CY2019Q4 us-gaap Standard Product Warranty Accrual
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13165000
CY2017Q4 us-gaap Asset Retirement Obligations Noncurrent
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9668000
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AssetRetirementObligationIncurredLiabilities
760000
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
192000
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1035000
CY2018 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-55000
CY2019 gogo Asset Retirement Obligation Incurred Liabilities
AssetRetirementObligationIncurredLiabilities
-1095000
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
39000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
848000
CY2019 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-40000
CY2019Q4 us-gaap Goodwill
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600000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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18092000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13820000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9165000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1411000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
343000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
765000
CY2019 us-gaap Amortization Of Debt Discount Premium
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-1018000
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.0001
CY2019Q4 us-gaap Common Stock Shares Authorized
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500000000
CY2018Q4 us-gaap Common Stock Shares Authorized
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500000000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
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100000000
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2019Q4 us-gaap Preferred Stock Shares Issued
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0
CY2019 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2018 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2017 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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-57962000
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-19653000
CY2018 gogo Income From Transition Services
IncomeFromTransitionServices
21551000
CY2019 gogo Unallocated Corporate Costs
UnallocatedCorporateCosts
-33365000
CY2018 gogo Unallocated Corporate Costs
UnallocatedCorporateCosts
-40275000
CY2017 gogo Unallocated Corporate Costs
UnallocatedCorporateCosts
-38552000
CY2019 dei Document Type
DocumentType
10-K
CY2019 dei Document Period End Date
DocumentPeriodEndDate
2019-12-31
CY2019 dei Entity Registrant Name
EntityRegistrantName
Gogo Inc.
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0001537054
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16511000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16912000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19821000
CY2019Q4 gogo Share Based Compensation Number Of Plans Maintained
ShareBasedCompensationNumberOfPlansMaintained
3
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199549000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213685000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
201182000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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221310000
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-16799000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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-83963000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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-22891000
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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-22351000
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
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-210
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-280
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-280
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80446000
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80702000
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80908000
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80997000
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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231825000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
227458000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
217257000
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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217224000
CY2018Q1 us-gaap Operating Income Loss
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CY2018Q4 us-gaap Operating Income Loss
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CY2018Q1 us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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CY2018Q4 us-gaap Net Income Loss
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CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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-27419000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37207000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37717000
CY2018Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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-59688000
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
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CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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79696000
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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79783000
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80196000
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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80303000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-131220000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-128361000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-36963000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-35111000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-144998000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-165324000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-138881000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-13778000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-173992000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.248
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.125
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.042
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.031
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.017
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
385000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
467000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
235000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
444000
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
61000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
49000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
829000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
528000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
284000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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91000
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-3908000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2590000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
86000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
87000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
309000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1006000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3293000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1997000
CY2019Q1 us-gaap Operating Income Loss
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11448000
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OperatingIncomeLoss
9666000
CY2019Q3 us-gaap Operating Income Loss
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7218000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
8392000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.001
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.001
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.470
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.227
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.018
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.007
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.020
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.011
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
5847000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
3407000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
18192000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
15552000
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1266000
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1102000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
913000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
1014000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
9603000
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
43256000
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
37501000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
141803000
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DeferredTaxAssetsOperatingLossCarryforwardsDomestic
143433000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
24744000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
24623000
CY2019Q4 gogo Deferred Tax Assets Interest Carry Forward
DeferredTaxAssetsInterestCarryForward
48980000
CY2018Q4 gogo Deferred Tax Assets Interest Carry Forward
DeferredTaxAssetsInterestCarryForward
22029000
CY2019Q4 gogo Deferred Tax Assets Uniform Capitalization
DeferredTaxAssetsUniformCapitalization
2539000
CY2018Q4 gogo Deferred Tax Assets Uniform Capitalization
DeferredTaxAssetsUniformCapitalization
2311000
CY2019Q4 gogo Deferred Tax Assets Finite Lived Intangible Assets
DeferredTaxAssetsFiniteLivedIntangibleAssets
6394000
CY2018Q4 gogo Deferred Tax Assets Finite Lived Intangible Assets
DeferredTaxAssetsFiniteLivedIntangibleAssets
7576000
CY2019Q4 gogo Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
22355000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
9243000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
11576000
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DeferredTaxAssetsGross
325532000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
279727000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
59584000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
53944000
CY2019Q4 gogo Deferred Tax Liabilities Indefinite Lived Intangible Assets
DeferredTaxLiabilitiesIndefiniteLivedIntangibleAssets
7074000
CY2018Q4 gogo Deferred Tax Liabilities Indefinite Lived Intangible Assets
DeferredTaxLiabilitiesIndefiniteLivedIntangibleAssets
6528000
CY2019Q4 gogo Deferred Tax Liabilities Convertible Notes Discount
DeferredTaxLiabilitiesConvertibleNotesDiscount
8706000
CY2018Q4 gogo Deferred Tax Liabilities Convertible Notes Discount
DeferredTaxLiabilitiesConvertibleNotesDiscount
14612000
CY2019Q4 gogo Deferred Tax Liability Right Of Use Asset
DeferredTaxLiabilityRightOfUseAsset
13553000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3768000
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2272000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
92685000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
77356000
CY2019Q4 gogo Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
232847000
CY2018Q4 gogo Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
202371000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
235187000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
204533000
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2340000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2162000
CY2019Q4 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
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0
CY2019 gogo Ownership Change Percentage
OwnershipChangePercentage
0.50
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
157000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
90049000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1632000
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
620000
CY2019Q4 gogo Other Non Current Finance Lease Liabilities
OtherNonCurrentFinanceLeaseLiabilities
1012000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
19930000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
761000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
18760000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
555000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
17145000
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019 gogo Tax Cuts And Jobs Act Of Change In Tax Rate Net Deferred Tax Liability
TaxCutsAndJobsActOfChangeInTaxRateNetDeferredTaxLiability
3000000
CY2019Q4 gogo Interest Expense Allowable Of Ebitda
InterestExpenseAllowableOfEbitda
0.30
CY2019Q4 gogo Interest Expense Allowable Of Ebit
InterestExpenseAllowableOfEbit
0.30
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15588000
CY2019 gogo Modifications To Operating Leases
ModificationsToOperatingLeases
-20027000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1326000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0944
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
53913000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
132565000
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1789000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
42516000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
473000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
13246000
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
9571000
CY2019Q4 gogo Lessor Operating Lease Lease Not Yet Commenced Present Value Of Minimum Lease Payment
LessorOperatingLeaseLeaseNotYetCommencedPresentValueOfMinimumLeasePayment
6000000
CY2019 dei Security12b Title
Security12bTitle
Common stock
CY2019 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2019 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019 dei Entity Address Country
EntityAddressCountry
IL
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0
CY2019 gogo Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
7200000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0828
CY2019Q3 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
London inter-bank offered rate plus an applicable margin ranging from 1.50% to 2.00%
CY2019Q3 us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
The final maturity of the ABL Credit Facility is August 26, 2022, unless the aggregate outstanding principal amount of our 2022 Convertible Notes (as defined below) has not, on or prior to December 15, 2021, been repaid in full or refinanced with a new maturity date no earlier than February 26, 2023, in which case the final maturity date shall instead be December 16, 2021.
CY2019Q4 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
CY2019 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-19653000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3543000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27314000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
174936000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-250000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
578000
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
743000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13441000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12613000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
78540000
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2019 gogo Number Of Customers Meeting Concentration Risk Threshold
NumberOfCustomersMeetingConcentrationRiskThreshold
0
CY2019 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
159502000
CY2019Q2 dei Entity Public Float
EntityPublicFloat
226694957
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
83318003
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
0
CY2018Q4 gogo Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
0
CY2018Q4 gogo Deferred Tax Liability Right Of Use Asset
DeferredTaxLiabilityRightOfUseAsset
0
CY2017 gogo Income From Transition Services
IncomeFromTransitionServices
0
CY2017 gogo Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
0
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0

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