2020 Q2 Form 10-Q Financial Statement
#000119312520138765 Filed on May 11, 2020
Income Statement
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
Revenue | $54.63M | $70.93M | $70.55M |
YoY Change | -23.31% | 0.54% | -69.57% |
Cost Of Revenue | $17.10M | $19.50M | $97.90M |
YoY Change | -131.2% | -80.08% | -23.03% |
Gross Profit | $37.50M | $51.40M | $101.7M |
YoY Change | -1393.1% | -49.46% | -2.77% |
Gross Profit Margin | 68.64% | 72.47% | 144.16% |
Selling, General & Admin | $25.02M | $19.16M | $34.77M |
YoY Change | -37.56% | -44.91% | -15.31% |
% of Gross Profit | 66.72% | 37.27% | 34.19% |
Research & Development | $5.500M | $7.400M | $14.10M |
YoY Change | -68.75% | -47.52% | -26.56% |
% of Gross Profit | 14.67% | 14.4% | 13.86% |
Depreciation & Amortization | $48.69M | $3.579M | $30.75M |
YoY Change | 62.48% | -88.36% | -14.39% |
% of Gross Profit | 129.84% | 6.96% | 30.24% |
Operating Expenses | $30.52M | $26.56M | $48.87M |
YoY Change | -47.08% | -45.66% | -18.9% |
Operating Profit | $17.12M | $21.32M | $23.17M |
YoY Change | 1.46% | -7.99% | -1167.11% |
Interest Expense | $31.25M | $31.14M | $32.55M |
YoY Change | -13.55% | -4.33% | 6.55% |
% of Operating Profit | 182.57% | 146.09% | 140.52% |
Other Income/Expense, Net | -$31.18M | -$30.56M | -$28.04M |
YoY Change | -66.59% | 9.0% | -3.22% |
Pretax Income | -$14.06M | -$9.247M | -$16.59M |
YoY Change | -83.19% | -44.27% | -46.72% |
Income Tax | $140.0K | $141.0K | $207.0K |
% Of Pretax Income | |||
Net Earnings | -$85.98M | -$84.78M | -$16.80M |
YoY Change | 2.4% | 404.66% | -38.73% |
Net Earnings / Revenue | -157.38% | -119.53% | -23.81% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.020M | -$1.044M | -$209.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 83.77M | 83.32M | 87.56M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $156.3M | $214.2M | $188.7M |
YoY Change | -14.07% | 13.51% | -37.04% |
Cash & Equivalents | $156.3M | $214.2M | $188.7M |
Short-Term Investments | $0.00 | ||
Other Short-Term Assets | $17.50M | $22.20M | $21.30M |
YoY Change | 0.57% | 4.23% | -25.52% |
Inventory | $130.1M | $123.2M | $147.4M |
Prepaid Expenses | $7.202M | $7.970M | $7.170M |
Receivables | $71.68M | $92.62M | $123.8M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $390.5M | $466.5M | $492.0M |
YoY Change | -18.28% | -5.18% | -21.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $463.1M | $505.6M | $565.5M |
YoY Change | -15.78% | -10.59% | 6.56% |
Goodwill | $600.0K | $600.0K | $600.0K |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | $73.79M | $74.46M | $82.27M |
YoY Change | -8.39% | -9.49% | -1.92% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $80.62M | $86.23M | $86.33M |
YoY Change | -22.89% | -0.12% | 53.82% |
Total Long-Term Assets | $674.3M | $725.0M | $804.8M |
YoY Change | -16.16% | -9.92% | 19.89% |
TOTAL ASSETS | |||
Total Short-Term Assets | $390.5M | $466.5M | $492.0M |
Total Long-Term Assets | $674.3M | $725.0M | $804.8M |
Total Assets | $1.065B | $1.191B | $1.297B |
YoY Change | -16.95% | -8.12% | -0.26% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $41.41M | $36.00M | $27.86M |
YoY Change | 39.83% | 29.19% | -33.9% |
Accrued Expenses | $147.3M | $176.2M | $183.1M |
YoY Change | -20.44% | -3.73% | 11.95% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $6.000M | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $900.0K | $500.0K | $600.0K |
YoY Change | 80.0% | -16.67% | -60.0% |
Total Short-Term Liabilities | $291.6M | $271.4M | $271.3M |
YoY Change | 7.96% | 0.06% | -0.58% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.119B | $1.125B | $1.030B |
YoY Change | 2.41% | 9.16% | 2.38% |
Other Long-Term Liabilities | $53.35M | $53.79M | $47.56M |
YoY Change | 10.04% | 13.12% | -45.68% |
Total Long-Term Liabilities | $1.342B | $1.407B | $1.310B |
YoY Change | -2.43% | 7.42% | 7.46% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $291.6M | $271.4M | $271.3M |
Total Long-Term Liabilities | $1.342B | $1.407B | $1.310B |
Total Liabilities | $1.634B | $1.678B | $1.581B |
YoY Change | -0.72% | 6.15% | 5.99% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.551B | -$1.465B | -$1.249B |
YoY Change | 16.36% | 17.3% | 14.27% |
Common Stock | $1.085B | $1.082B | $967.7M |
YoY Change | 11.75% | 11.8% | 7.16% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $98.86M | $98.86M | |
YoY Change | |||
Treasury Stock Shares | $5.100M | ||
Shareholders Equity | -$569.0M | -$486.6M | -$284.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.065B | $1.191B | $1.297B |
YoY Change | -16.95% | -8.12% | -0.26% |
Cashflow Statement
Concept | 2020 Q2 | 2020 Q1 | 2019 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$85.98M | -$84.78M | -$16.80M |
YoY Change | 2.4% | 404.66% | -38.73% |
Depreciation, Depletion And Amortization | $48.69M | $3.579M | $30.75M |
YoY Change | 62.48% | -88.36% | -14.39% |
Cash From Operating Activities | -$32.00M | $38.03M | -$6.156M |
YoY Change | -373.5% | -717.72% | -86.68% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$20.20M | $150.0K | $23.15M |
YoY Change | 39.31% | -99.35% | -59.3% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $100.0K | -$89.00K | -$95.00K |
YoY Change | -66.67% | -6.32% | |
Cash From Investing Activities | -$20.10M | -$15.22M | $11.71M |
YoY Change | 40.56% | -230.02% | -136.02% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -5.200M | 18.86M | -740.0K |
YoY Change | 147.62% | -2648.38% | 7.56% |
NET CHANGE | |||
Cash From Operating Activities | -32.00M | 38.03M | -6.156M |
Cash From Investing Activities | -20.10M | -15.22M | 11.71M |
Cash From Financing Activities | -5.200M | 18.86M | -740.0K |
Net Change In Cash | -57.30M | 41.72M | 4.535M |
YoY Change | 1119.15% | 819.85% | -105.72% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$32.00M | $38.03M | -$6.156M |
Capital Expenditures | -$20.20M | $150.0K | $23.15M |
Free Cash Flow | -$11.80M | $37.88M | -$29.31M |
YoY Change | -145.04% | -229.23% | -71.57% |
Facts In Submission
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IncreaseDecreaseInAccruedLiabilities
|
-18291000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-19381000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1378000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
2257000 | |
CY2020Q1 | gogo |
Increase Decrease In Accrued Interest Payable
IncreaseDecreaseInAccruedInterestPayable
|
26413000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-6915000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-208000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
38027000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6156000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
13202000 | |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
23154000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
2108000 | |
CY2019Q1 | us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
4557000 | |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
39323000 | |
CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-89000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-15221000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
11707000 | |
CY2020Q1 | gogo |
Stock Compensation Activity
StockCompensationActivity
|
-397000 | |
CY2019Q1 | gogo |
Stock Compensation Activity
StockCompensationActivity
|
-58000 | |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
51000 | |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-276000 | |
CY2020Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
247000 | |
CY2019Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
125000 | |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
66000 | |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
46163000 | |
CY2019Q1 | gogo |
Increase Decrease In Accrued Interest Payable
IncreaseDecreaseInAccruedInterestPayable
|
-19514000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-398890000 | |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3995000 | |
CY2020Q1 | gogo |
Tax Withholding Related To Vesting Of Restricted Stock Units
TaxWithholdingRelatedToVestingOfRestrictedStockUnits
|
682000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
285000 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-486606000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-268761000 | |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4327000 | |
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 |
Stockholders Equity
StockholdersEquity
|
-283974000 | |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-84778000 | |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-16799000 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
81205000 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
80446000 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.04 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.21 | |
CY2020Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
||
CY2019Q1 | gogo |
Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
|
7200000 | |
CY2020Q1 | gogo |
Shares Purchased Under Forward Purchasing Transactions
SharesPurchasedUnderForwardPurchasingTransactions
|
2100000 | |
CY2019Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
557000 | |
CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-95000 | |
CY2020Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1036034000 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1067638000 | |
CY2020Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
530450000 | |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
507320000 | |
CY2019Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
26531000 | |
CY2020Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1419000 | |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1249000 | |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
505584000 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
560318000 | |
CY2020Q1 | gogo |
Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
|
4601000 | |
CY2019Q4 | gogo |
Other Restricted Cash Noncurrent
OtherRestrictedCashNoncurrent
|
7099000 | |
CY2020Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
8637000 | |
CY2019Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
13291000 | |
CY2020Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
15136000 | |
CY2019Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
29954000 | |
CY2020Q1 | gogo |
Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
|
4293000 | |
CY2019Q4 | gogo |
Accrued Liabilities For Airborne Equipment And Installation Costs
AccruedLiabilitiesForAirborneEquipmentAndInstallationCosts
|
11466000 | |
CY2020Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
43461000 | |
CY2019Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
17048000 | |
CY2020Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
30905000 | |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
32802000 | |
CY2020Q1 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
29433000 | |
CY2019Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
21889000 | |
CY2020Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
11773000 | |
CY2019Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
11560000 | |
CY2020Q1 | us-gaap |
Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
|
2384000 | |
CY2019Q4 | us-gaap |
Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
|
2340000 | |
CY2020Q1 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
10203000 | |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
10704000 | |
CY2020Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
53793000 | |
CY2019Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
46493000 | |
CY2020Q1 | us-gaap |
Goodwill
Goodwill
|
600000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
156193000 | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
151399000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
198373000 | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
194995000 | |
CY2020Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
230656000 | |
CY2019Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
227278000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
42180000 | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
43596000 | |
CY2020Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
74463000 | |
CY2019Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
75879000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
13092000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
14451000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
9670000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2808000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
547000 | |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1612000 | |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4800000 | |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5300000 | |
CY2020Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1148330000 | |
CY2019Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1125503000 | |
CY2020Q1 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
23617000 | |
CY2019Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
24255000 | |
CY2020Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1124713000 | |
CY2019Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1101248000 | |
CY2020Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
26429000 | |
CY2020Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
3326000 | |
CY2019Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
5534000 | |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
31174000 | |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
32554000 | |
CY2020Q1 | gogo |
Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
|
31263000 | |
CY2019Q1 | gogo |
Interest Cost Including Capitalized Interest Cost
InterestCostIncludingCapitalizedInterestCost
|
32683000 | |
CY2019Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-760000 | |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
184475000 | |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
600000 | |
CY2020Q1 | us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
0 | |
CY2019Q1 | us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
0 | |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
199549000 | |
CY2020Q1 | gogo |
Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
|
7071000 | |
CY2019Q1 | gogo |
Amortization Of Deferred Airborne Lease Incentive
AmortizationOfDeferredAirborneLeaseIncentive
|
8953000 | |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
32670000 | |
CY2019Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
30749000 | |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3995000 | |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4327000 | |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
31174000 | |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
32554000 | |
CY2020Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
606000 | |
CY2019Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1149000 | |
CY2020Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
7000 | |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
58085000 | |
CY2020Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
82975000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
10622000 | |
CY2020Q1 | gogo |
Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
|
-526000 | |
CY2019Q1 | gogo |
Increase Decrease In Warranty Reserves
IncreaseDecreaseInWarrantyReserves
|
-588000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18858000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-740000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
6175000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
219390000 | |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
195651000 | |
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 | |
CY2020Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
560000 | |
CY2019Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1535000 | |
CY2020Q1 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
4601000 | |
CY2019Q1 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
5426000 | |
CY2020Q1 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
2498000 | |
CY2020Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
-3665000 | |
CY2020Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
585000000 | |
CY2020Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
23585000 | |
CY2019Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
23141000 | |
CY2020Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
99594000 | |
CY2019Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
94003000 | |
CY2020Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
14319000 | |
CY2020Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
7970000 | |
CY2019Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
11299000 | |
CY2020Q1 | gogo |
Other Restricted Cash Current
OtherRestrictedCashCurrent
|
560000 | |
CY2019Q4 | gogo |
Other Restricted Cash Current
OtherRestrictedCashCurrent
|
560000 | |
CY2020Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
13613000 | |
CY2019Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
12082000 | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
12364000 | |
CY2020Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
56516000 | |
CY2020Q1 | us-gaap |
Capitalized Contract Cost Gross
CapitalizedContractCostGross
|
16475000 | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
51829000 | |
CY2019Q4 | us-gaap |
Capitalized Contract Cost Gross
CapitalizedContractCostGross
|
17453000 | |
CY2020Q1 | gogo |
Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
|
40882000 | |
CY2019Q4 | gogo |
Accrued Liabilities For Airborne Partner
AccruedLiabilitiesForAirbornePartner
|
43592000 | |
CY2020Q1 | gogo |
Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
|
19438000 | |
CY2019Q4 | gogo |
Accrued Satellite Network Costs
AccruedSatelliteNetworkCosts
|
13843000 | |
CY2020Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
12639000 | |
CY2019Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
13165000 | |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9484000 | |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4857000 | |
CY2020Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
91000 | |
CY2020Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
26000 | |
CY2020Q1 | us-gaap |
Lease Cost
LeaseCost
|
4974000 | |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4918000 | |
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 | |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
5700000 | |
CY2020Q1 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
26000 | |
CY2020Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
247000 | |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
7274000 | |
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 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
12456000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
20566000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
18994000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
15023000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
11451000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
56550000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
529000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
530000 | |
CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
135040000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1510000 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
42581000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
124000 | |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
92459000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1386000 | |
CY2020Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
543000 | |
CY2020Q1 | gogo |
Other Non Current Finance Lease Liabilities
OtherNonCurrentFinanceLeaseLiabilities
|
843000 | |
CY2020Q1 | gogo |
Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
|
4600000 | |
CY2019Q1 | gogo |
Rental Expense Net Of Amortization Of Deferred Incentive
RentalExpenseNetOfAmortizationOfDeferredIncentive
|
3700000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
101000000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
129900000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
|
110000000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
|
90800000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
|
259400000 | |
CY2020Q1 | us-gaap |
Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
|
85400000 | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.002 | |
CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.012 | |
CY2019Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
150000 | |
CY2020Q1 | gogo |
Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
|
-807000 | |
CY2019Q1 | gogo |
Amortization Of Supplemental Type Certificates Costs
AmortizationOfSupplementalTypeCertificatesCosts
|
-320000 | |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3995000 | |
CY2019Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4327000 | |
CY2020Q1 | 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 | |
CY2020Q1 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
1200000 | |
CY2019Q1 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
1200000 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1121402 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
25747 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
1906849 | |
CY2020Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
15700000 | |
CY2019Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
14100000 | |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
63386000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
77808000 | |
CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "times new roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></div><div style="font-size: 10pt; line-height: 115%; font-family: calibri, sans-serif; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">-</div></div><div style="font-family: "times new roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></div>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> | |
CY2020Q1 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
next one to three years | |
CY2020Q1 | gogo |
Customer Service Revenue Occurring Period
CustomerServiceRevenueOccurringPeriod
|
P1Y | |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
12241000 | |
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. | |
CY2020Q1 | gogo |
Segment Profit
SegmentProfit
|
34366000 | |
CY2019Q1 | gogo |
Segment Profit
SegmentProfit
|
46224000 | |
CY2020Q1 | gogo |
Unallocated Corporate Costs
UnallocatedCorporateCosts
|
8636000 | |
CY2019Q1 | gogo |
Unallocated Corporate Costs
UnallocatedCorporateCosts
|
8333000 | |
CY2020Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2019Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2020Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2020Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | |
CY2019Q1 | 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 | |
CY2020Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
|
20 years | |
CY2020Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2020Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2020Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-03-31 | |
CY2020Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
CY2020Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2020Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Gogo Inc. | |
CY2020Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001537054 | |
CY2020Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2020Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2020Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2020Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2020Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.094 | |
CY2020Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.083 | |
CY2020Q1 | dei |
Security12b Title
Security12bTitle
|
Common stock | |
CY2020Q1 | dei |
Trading Symbol
TradingSymbol
|
GOGO | |
CY2020Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
83770421 | |
CY2020Q1 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2020Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2020Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2020Q1 | dei |
Entity Address Country
EntityAddressCountry
|
IL | |
CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
451000 | |
CY2020Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
98857000 | |
CY2019Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
-3093000 | |
CY2020Q1 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
6764000 | |
CY2020Q1 | us-gaap |
Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
|
3000000 | |
CY2020Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
22000000 | |
CY2020Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5100000 | |
CY2020Q1 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
|
7100000 | |
CY2020Q1 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
|
997000 | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
|
0 | |
CY2020Q1 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss Noncurrent
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossNoncurrent
|
6111000 | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss Noncurrent
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossNoncurrent
|
0 | |
CY2020Q1 | gogo |
Prepaid Expense And Other Assets Current Allowance
PrepaidExpenseAndOtherAssetsCurrentAllowance
|
997000 | |
CY2019Q4 | gogo |
Prepaid Expense And Other Assets Current Allowance
PrepaidExpenseAndOtherAssetsCurrentAllowance
|
0 | |
CY2020Q1 | gogo |
Other Assets Non Current Allowance
OtherAssetsNonCurrentAllowance
|
6111000 | |
CY2019Q4 | gogo |
Other Assets Non Current Allowance
OtherAssetsNonCurrentAllowance
|
0 | |
CY2020Q1 | gogo |
Number Of Classes Of Common Stock Outstanding
NumberOfClassesOfCommonStockOutstanding
|
1 | |
CY2019 | gogo |
Number Of Classes Of Common Stock Outstanding
NumberOfClassesOfCommonStockOutstanding
|
1 | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2020Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y | |
CY2019Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y | |
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 | |
CY2020Q1 | us-gaap |
Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
|
3000000 | |
CY2019Q1 | us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
3215000 | |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
686000 | |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
1386000 | |
CY2020Q1 | gogo |
Provision For Credit Loses Accounts Receivable
ProvisionForCreditLosesAccountsReceivable
|
1935000 | |
CY2020Q1 | gogo |
Allowance For Credit Losses Others
AllowanceForCreditLossesOthers
|
-37000 | |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3970000 | |
CY2020Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | |
CY2020Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2020Q1 | gogo |
Number Of Employees Working Remotely
NumberOfEmployeesWorkingRemotely
|
1000 | |
CY2020Q1 | gogo |
Amount Of Grant Applied Under Cares Act
AmountOfGrantAppliedUnderCaresAct
|
81000000 | |
CY2020Q1 | gogo |
Amount Of Loan Applied Under Cares Act
AmountOfLoanAppliedUnderCaresAct
|
150000000 | |
CY2020Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
22000000 | |
CY2020Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family: "times new roman"; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassifications <div style="letter-spacing: 0px; top: 0px;;display:inline;">–</div> </div></div>To conform with the current year presentation, $84 thousand of bad debt expense has been reclassified to a separate line from accounts receivable for the three month period ended March 31, 2019.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2019Q1 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
84000 | |
CY2020Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
46389000 | |
CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
84000 | |
CY2020Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
46389000 | |
CY2020Q1 | us-gaap |
Workers Compensation Discount Description
WorkersCompensationDiscountDescription
|
We implemented several cost-cutting measures related to personnel, including implementing a hiring freeze, suspending 2020 merit salary increases and deferring the Chief Executive Officer’s 2019 bonus payout. Additionally, we furloughed approximately 54% of our workforce and reduced compensation for most other employees, starting May 4, 2020. The furloughs impact approximately 600 employees across the entire company. The time and duration of the furloughs will vary based on workload in individual departments. Salary reductions begin at 30% for the Chief Executive Officer, then 20% for the executive leadership team and reducing downward by staff level from there. In addition, the compensation for the members of our Board of Directors has been reduced by 30%. Certain types of employees, such as hourly workers, have not had their compensation reduced. |