$VSAT
VIASAT INC

2016 Q1 Form 10-K Financial Statement

#000119312517182146 Filed on May 25, 2017

View on sec.gov

Income Statement

Concept 2016 Q1 2016 2015 Q2
Revenue $372.0M $1.417B $344.4M
YoY Change 9.56% 2.52% 0.14%
Cost Of Revenue $262.5M $495.1M $117.6M
YoY Change 138.12% 11.4% -53.11%
Gross Profit $109.4M $922.3M $226.8M
YoY Change -52.29% -1.68% 143.31%
Gross Profit Margin 29.41% 65.07% 65.85%
Selling, General & Admin $77.50M $298.3M $71.11M
YoY Change 9.21% 10.16% -4.04%
% of Gross Profit 70.84% 32.35% 31.36%
Research & Development $21.60M $77.18M $15.61M
YoY Change 82.28% 65.38% -5.98%
% of Gross Profit 19.74% 8.37% 6.88%
Depreciation & Amortization $60.00M $193.1M $46.21M
YoY Change 4.17% 7.54% -6.47%
% of Gross Profit 54.84% 20.93% 20.38%
Operating Expenses $102.0M $375.5M $86.72M
YoY Change 23.17% 18.27% -8.04%
Operating Profit $7.400M $41.12M $9.414M
YoY Change -59.29% -50.54% -955.82%
Interest Expense -$6.000M $25.75M $6.584M
YoY Change -178.53% -18.13% -175.68%
% of Operating Profit -81.08% 62.62% 69.94%
Other Income/Expense, Net
YoY Change
Pretax Income $1.500M $17.60M $3.526M
YoY Change -86.84% -67.24% -135.62%
Income Tax -$2.900M -$4.173M $1.007M
% Of Pretax Income -193.33% -23.71% 28.56%
Net Earnings $4.500M $21.77M $2.519M
YoY Change -69.56% -45.43% -171.97%
Net Earnings / Revenue 1.21% 1.54% 0.73%
Basic Earnings Per Share $0.45 $0.05
Diluted Earnings Per Share $89.82K $0.44 $0.05
COMMON SHARES
Basic Shares Outstanding 48.46M 47.92M shares
Diluted Shares Outstanding 49.45M 48.84M shares

Balance Sheet

Concept 2016 Q1 2016 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.10M $42.10M $52.30M
YoY Change -56.86% -19.5% -10.29%
Cash & Equivalents $42.09M $42.10M $52.26M
Short-Term Investments
Other Short-Term Assets $5.799M $47.60M $4.596M
YoY Change 33.1% 6.49% 68.41%
Inventory $145.2M $145.2M $128.4M
Prepaid Expenses $41.78M $40.11M
Receivables $286.7M $286.7M $266.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $521.6M $521.6M $491.7M
YoY Change -9.63% 6.08% -7.51%
LONG-TERM ASSETS
Property, Plant & Equipment $1.385B $1.385B $1.180B
YoY Change 21.1% 17.36% 12.13%
Goodwill $117.0M $117.2M
YoY Change -0.2% 40.2%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $340.0M $160.0M $326.9M
YoY Change 26.58% -15.79% 27.21%
Total Long-Term Assets $1.876B $1.876B $1.656B
YoY Change 19.01% 12.54% 15.91%
TOTAL ASSETS
Total Short-Term Assets $521.6M $521.6M $491.7M
Total Long-Term Assets $1.876B $1.876B $1.656B
Total Assets $2.397B $2.397B $2.147B
YoY Change 11.33% 11.07% 9.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.65M $95.60M $76.93M
YoY Change 16.17% 24.32% -22.18%
Accrued Expenses $184.3M $63.70M $191.3M
YoY Change -1.42% 18.4% 8.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $274.0K $300.0K $260.0K
YoY Change -74.3% 0.0% -85.99%
Total Short-Term Liabilities $280.0M $280.0M $268.3M
YoY Change 3.96% 4.36% -2.39%
LONG-TERM LIABILITIES
Long-Term Debt $945.5M $945.5M $806.4M
YoY Change 15.47% 17.25% 16.91%
Other Long-Term Liabilities $12.00K $37.40M $40.00M
YoY Change -99.97% -5.56% -18.2%
Total Long-Term Liabilities $945.5M $982.9M $846.4M
YoY Change 9.97% 16.18% 14.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $280.0M $280.0M $268.3M
Total Long-Term Liabilities $945.5M $982.9M $846.4M
Total Liabilities $1.263B $1.268B $1.115B
YoY Change 11.85% 13.25% 9.98%
SHAREHOLDERS EQUITY
Retained Earnings $273.7M $252.0M
YoY Change 11.98% 19.08%
Common Stock $855.4M $786.5M
YoY Change 10.57% 1.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change -100.0%
Treasury Stock Shares
Shareholders Equity $1.129B $1.129B $1.039B
YoY Change
Total Liabilities & Shareholders Equity $2.397B $2.397B $2.158B
YoY Change 11.33% 11.07% 10.11%

Cashflow Statement

Concept 2016 Q1 2016 2015 Q2
OPERATING ACTIVITIES
Net Income $4.500M $21.77M $2.519M
YoY Change -69.56% -45.43% -171.97%
Depreciation, Depletion And Amortization $60.00M $193.1M $46.21M
YoY Change 4.17% 7.54% -6.47%
Cash From Operating Activities $77.40M $296.9M $78.10M
YoY Change -31.44% -15.05% 11.25%
INVESTING ACTIVITIES
Capital Expenditures -$114.9M $377.9M $65.95M
YoY Change -22.68% 3.11% -189.13%
Acquisitions $4.402M $3.613M
YoY Change -92.33%
Other Investing Activities -$1.800M $1.258M -$900.0K
YoY Change -102.19%
Cash From Investing Activities -$116.7M -$456.3M -$110.0M
YoY Change -21.52% -4.26% 48.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.40M 149.1M -13.20M
YoY Change -81.0% 22.72% -164.08%
NET CHANGE
Cash From Operating Activities 77.40M 296.9M 78.10M
Cash From Investing Activities -116.7M -456.3M -110.0M
Cash From Financing Activities 17.40M 149.1M -13.20M
Net Change In Cash -21.90M -10.30M -45.10M
YoY Change -139.25% 83.93% -368.45%
FREE CASH FLOW
Cash From Operating Activities $77.40M $296.9M $78.10M
Capital Expenditures -$114.9M $377.9M $65.95M
Free Cash Flow $192.3M -$80.99M $12.15M
YoY Change -26.46% 376.66% -91.58%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
57628633 shares
CY2016Q3 dei Entity Public Float
EntityPublicFloat
3440363796
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58347000
CY2014Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
17023000
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
946635000
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37395000
CY2015Q2 us-gaap Assets
Assets
2147405000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52263000
CY2015Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
15545000
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1043733000
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
41769000
CY2016Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
35056000
CY2016Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
197604000
CY2016Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
184344000
CY2016Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
129333000
CY2016Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
46757000
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q1 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
15400000
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48926417 shares
CY2016Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
82295000
CY2016Q1 us-gaap Assets
Assets
2397312000
CY2016Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
264325000
CY2016Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
8808000
CY2016Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
134710000
CY2016Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
64459000
CY2016Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
28646000
CY2016Q1 us-gaap Assets Current
AssetsCurrent
521556000
CY2016Q1 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
3200000
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17089000
CY2016Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
163061000
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2016Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
855387000
CY2016Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1153000
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42088000
CY2016Q1 us-gaap Commercial Paper Noncurrent
CommercialPaperNoncurrent
575304000
CY2016Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
286724000
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
5000
CY2016Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
5470000
CY2016Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
95645000
CY2016Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
64624000
CY2016Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
399035000
CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7000
CY2016Q1 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
134721000
CY2016Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
222332000
CY2016Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
12000
CY2016Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
146309000
CY2016Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
945528000
CY2016Q1 us-gaap Long Term Debt
LongTermDebt
945802000
CY2016Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
164000000
CY2016Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
274000
CY2016Q1 us-gaap Other Assets Current
OtherAssetsCurrent
5799000
CY2016Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
7867000
CY2016Q1 us-gaap Inventory Net
InventoryNet
145161000
CY2016Q1 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
37371000
CY2016Q1 us-gaap Liabilities
Liabilities
1262888000
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2397312000
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33604000
CY2016Q1 us-gaap Goodwill
Goodwill
117040000
CY2016Q1 us-gaap Liabilities Current
LiabilitiesCurrent
279989000
CY2016Q1 us-gaap Minority Interest
MinorityInterest
5321000
CY2016Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
25323000
CY2016Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41784000
CY2016Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
47877000
CY2016Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
3567000
CY2016Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
71204000
CY2016Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
340005000
CY2016Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
27200000
CY2016Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
562000
CY2016Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
274000
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
1129103000
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11434000
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1134424000
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45080000
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
273704000
CY2016Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
141568000
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
47583000
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
3800000
CY2016Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Noncurrent
LongTermDebtOtherThanLongTermCommercialPaperNoncurrent
370224000
CY2016Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Current And Noncurrent
LongTermDebtOtherThanLongTermCommercialPaperCurrentAndNoncurrent
370498000
CY2016Q1 vsat Finite Lived Patents And Other Licenses Accumulated Amortization
FiniteLivedPatentsAndOtherLicensesAccumulatedAmortization
1700000
CY2016Q1 vsat Defined Contribution Plan Employer Discretionary Contribution Amount Accrued
DefinedContributionPlanEmployerDiscretionaryContributionAmountAccrued
13600000
CY2016Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Current
LongTermDebtOtherThanLongTermCommercialPaperCurrent
274000
CY2016Q1 vsat Finite Lived Patents And Other Licenses Net
FiniteLivedPatentsAndOtherLicensesNet
16900000
CY2016Q1 vsat Satellite Performance Incentives Obligation Noncurrent
SatellitePerformanceIncentivesObligationNoncurrent
19514000
CY2016Q1 vsat Deferred Tax Liabilities Property Equipment And Satellites
DeferredTaxLiabilitiesPropertyEquipmentAndSatellites
182030000
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41691000
CY2017Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
215091000
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
57600609 shares
CY2017Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
98099000
CY2017Q1 us-gaap Assets
Assets
2954653000
CY2017Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
272527000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7312000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9076000
CY2017Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
10743000
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
132828000
CY2017Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
74962000
CY2017Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
33214000
CY2017Q1 us-gaap Assets Current
AssetsCurrent
614856000
CY2017Q1 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
3200000
CY2017Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17728000
CY2017Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
203686000
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1439645000
CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1470000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
130098000
CY2017Q1 us-gaap Commercial Paper Noncurrent
CommercialPaperNoncurrent
575380000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4993000
CY2017Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
263721000
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
6000
CY2017Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4617000
CY2017Q1 us-gaap Equity Method Investments
EquityMethodInvestments
141894000
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
100270000
CY2017Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
76682000
CY2017Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
405355000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5392000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3171000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2504000
CY2017Q1 us-gaap Business Acquisition Equity Interest Issued Or Issuable Value Assigned
BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned
4988000
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
134764000
CY2017Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
202752000
CY2017Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1936000
CY2017Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
145626000
CY2017Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
30651000
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
225247000
CY2017Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
145369000
CY2017Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
56096000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
363980000
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
152066000
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017Q1 us-gaap Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
15400000
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
848483000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
38118000
CY2017Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
173414000
CY2017Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
288000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
39566000
CY2017Q1 us-gaap Long Term Debt
LongTermDebt
848771000
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
5980000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
38017000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
613017000
CY2017Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
11800000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
35858000
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
7796000
CY2017Q1 us-gaap Inventory Net
InventoryNet
163201000
CY2017Q1 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
42722000
CY2017Q1 us-gaap Liabilities
Liabilities
1216722000
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2954653000
CY2017Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41677000
CY2017Q1 us-gaap Goodwill
Goodwill
119876000
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3000000
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
325517000
CY2017Q1 us-gaap Minority Interest
MinorityInterest
3313000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
170776000
CY2017Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
32522000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
38017000
CY2017Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
51856000
CY2017Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
65576000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
39855000
CY2017Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
3262000
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
81285000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
38017000
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
529366000
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11733000
CY2017Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
25820000
CY2017Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
288000
CY2017Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
288000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
288000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
39807000
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
1734618000
CY2017Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11058000
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1737931000
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
49066000
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
297471000
CY2017Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
119565000
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
57836000
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
40200000
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
4200000
CY2017Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Noncurrent
LongTermDebtOtherThanLongTermCommercialPaperNoncurrent
273103000
CY2017Q1 vsat Finite Lived Patents And Other Licenses Net
FiniteLivedPatentsAndOtherLicensesNet
16500000
CY2017Q1 vsat Satellite Performance Incentives Obligation Noncurrent
SatellitePerformanceIncentivesObligationNoncurrent
19164000
CY2017Q1 vsat Estimated Number Of Shares To Be Issued To Settle Certain Accrued Employee Compensation Liabilities
EstimatedNumberOfSharesToBeIssuedToSettleCertainAccruedEmployeeCompensationLiabilities
263340 shares
CY2017Q1 vsat Deferred Tax Liabilities Property Equipment And Satellites
DeferredTaxLiabilitiesPropertyEquipmentAndSatellites
174428000
CY2017Q1 us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
27600000
CY2017Q1 vsat Number Of Acres Of Land Sold
NumberOfAcresOfLandSold
16 acre
CY2014Q3 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
108712000
CY2016 us-gaap Depreciation
Depreciation
193086000
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2017Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Current And Noncurrent
LongTermDebtOtherThanLongTermCommercialPaperCurrentAndNoncurrent
273391000
CY2017Q1 vsat Long Term Debt Maturities Repayments Of Principal
LongTermDebtMaturitiesRepaymentsOfPrincipal
879422000
CY2017Q1 vsat Finite Lived Patents And Other Licenses Accumulated Amortization
FiniteLivedPatentsAndOtherLicensesAccumulatedAmortization
2100000
CY2017Q1 vsat Defined Contribution Plan Employer Discretionary Contribution Amount Accrued
DefinedContributionPlanEmployerDiscretionaryContributionAmountAccrued
16800000
CY2017Q1 vsat Long Term Debt Other Than Long Term Commercial Paper Current
LongTermDebtOtherThanLongTermCommercialPaperCurrent
288000
CY2017Q1 vsat Unrealized Excess Tax Benefits On Share Based Compensation
UnrealizedExcessTaxBenefitsOnShareBasedCompensation
58700000
CY2015Q4 us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
39500000
CY2015Q4 vsat Number Of Acres Of Land Purchased
NumberOfAcresOfLandPurchased
23 acre
CY2017Q1 vsat Loss Contingency Estimate Of Possible Loss Impact To Net Income Loss Attributable To Noncontrolling Interest
LossContingencyEstimateOfPossibleLossImpactToNetIncomeLossAttributableToNoncontrollingInterest
3700000
CY2017Q1 vsat Loss Contingency Estimate Of Possible Loss Impact To Net Income Loss Available To Common Stockholders
LossContingencyEstimateOfPossibleLossImpactToNetIncomeLossAvailableToCommonStockholders
4000000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
24500000
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
32200000
CY2016 us-gaap Advertising Expense
AdvertisingExpense
12200000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
132000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
823000
CY2016 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
75400000
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
51399000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10175000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-172000
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
47510000
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
60796000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2266000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-7090000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
148000
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
16397000
CY2016 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
29421000
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
51000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21601000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48990000
CY2016 us-gaap Cost Of Goods Sold
CostOfGoodsSold
489246000
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5600000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
543000
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
18089000
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
29000
CY2016 us-gaap Cost Of Services
CostOfServices
495099000
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-4996000
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5003000
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
1417431000
CY2016 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
751000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
27700000
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-337000
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-820000
CY2016 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
27500000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6167000
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1258000
CY2016 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
22309000
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
29000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17597000
CY2016 us-gaap Interest Expense
InterestExpense
25748000
CY2016 us-gaap Loss On Contracts
LossOnContracts
5100000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-456285000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-262000
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
840000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
551000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26342000
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
185000
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
30100000
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
122000
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4402000
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-354000
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5250000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21741000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-140000
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26749000
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3335000
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
281000 shares
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
41119000
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
72731000
CY2016 us-gaap Interest And Other Income
InterestAndOtherIncome
2226000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
149122000
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-33960000
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
859000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1380000
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16397000
CY2016 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4327000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4173000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
296937000
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8957000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1197000
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
16016000
CY2016 us-gaap Litigation Settlement Interest
LitigationSettlementInterest
2200000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
377894000
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
21630000
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
664821000
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49445000 shares
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
298345000
CY2016 us-gaap Stock Issued1
StockIssued1
11609000
CY2016 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
11609000
CY2016 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8438000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3897000
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48464000 shares
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13520000
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
77184000
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
752610000
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
8789000
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1784000
CY2016 us-gaap Profit Loss
ProfitLoss
21770000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
47510000
CY2016 us-gaap Interest Paid Net
InterestPaidNet
21787000
CY2016 vsat Incremental Common Shares Attributable To Restricted Stock Units To Acquire Common Stock
IncrementalCommonSharesAttributableToRestrictedStockUnitsToAcquireCommonStock
533000 shares
CY2016 vsat Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
-586000
CY2016 vsat Amortization Of Acquired Intangible Asset
AmortizationOfAcquiredIntangibleAsset
16438000
CY2016 vsat Incremental Common Shares Attributable To Potentially Issuable Per Employee Profit Sharing Plan And To Stock Issued Per Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToPotentiallyIssuablePerEmployeeProfitSharingPlanAndToStockIssuedPerEmployeeStockPurchasePlan
167000 shares
CY2016 vsat Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost And Other Compensation Related Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCostAndOtherCompensationRelatedCost
2457000
CY2016 vsat Income Tax Reconciliation Nondeductible Expense Acquisition Transaction Costs
IncomeTaxReconciliationNondeductibleExpenseAcquisitionTransactionCosts
30000
CY2016 vsat Increase Decrease In Other Noncontrolling Interest Activities
IncreaseDecreaseInOtherNoncontrollingInterestActivities
141000
CY2015 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
23500000
CY2015 us-gaap Advertising Expense
AdvertisingExpense
17000000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-216000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1406000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40765000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6084000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-648000
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
39353000
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6584000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
14546000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1477000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
115000
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-472000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53718000
CY2015 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
23202000
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2015 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14788000
CY2015 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
24464000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-510000
CY2015 us-gaap Depreciation
Depreciation
179542000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
38197000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
41891000
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
519483000
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2500000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1507000
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14889000
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-472000
CY2015 us-gaap Cost Of Services
CostOfServices
444431000
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
12421000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12420000
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
1382535000
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
759000
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
20017000
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-7435000
CY2015 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
53700000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18808000
CY2015 us-gaap Interest Expense
InterestExpense
31448000
CY2015 us-gaap Loss On Contracts
LossOnContracts
600000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-476554000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2141000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2757000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
478000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3745000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
297000
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
16200000
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-25000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
57376000
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
508000
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
862000
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40363000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2166000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1217000
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
52686000
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
16328000
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
475000 shares
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
83144000
CY2015 us-gaap Interest And Other Income
InterestAndOtherIncome
2022000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
121464000
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14788000
CY2015 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5725000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13827000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
349516000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4778000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4014000
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
14055000
CY2015 us-gaap Litigation Settlement Interest
LitigationSettlementInterest
2000000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
366492000
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
37725000
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
728074000
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
47000
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
46670000
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
654461000
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7470000
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3107000
CY2015 us-gaap Profit Loss
ProfitLoss
39891000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
39353000
CY2015 us-gaap Interest Paid Net
InterestPaidNet
29645000
CY2015 vsat Incremental Common Shares Attributable To Restricted Stock Units To Acquire Common Stock
IncrementalCommonSharesAttributableToRestrictedStockUnitsToAcquireCommonStock
515000 shares
CY2015 vsat Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
524000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-31997000
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
898000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
494000
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48285000 shares
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
270841000
CY2015 us-gaap Stock Issued1
StockIssued1
10194000
CY2015 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
10194000
CY2015 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
7203000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3897000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47139000 shares
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15732000
CY2015 vsat Amortization Of Acquired Intangible Asset
AmortizationOfAcquiredIntangibleAsset
17966000
CY2015 vsat Debt Issuances Costs Capitalized
DebtIssuancesCostsCapitalized
3500000
CY2015 vsat Incremental Common Shares Attributable To Potentially Issuable Per Employee Profit Sharing Plan And To Stock Issued Per Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToPotentiallyIssuablePerEmployeeProfitSharingPlanAndToStockIssuedPerEmployeeStockPurchasePlan
156000 shares
CY2015 vsat Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost And Other Compensation Related Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCostAndOtherCompensationRelatedCost
1966000
CY2015 vsat Income Tax Reconciliation Nondeductible Expense Acquisition Transaction Costs
IncomeTaxReconciliationNondeductibleExpenseAcquisitionTransactionCosts
154000
CY2017 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
32500000
CY2017 dei Entity Registrant Name
EntityRegistrantName
VIASAT INC
CY2017 us-gaap Advertising Expense
AdvertisingExpense
4800000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2041000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3808000
CY2017 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
73100000
CY2017 dei Document Type
DocumentType
10-K
CY2017 dei Entity Central Index Key
EntityCentralIndexKey
0000797721
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
62397000
CY2017 us-gaap Concentration Risk Government Contracts
ConcentrationRiskGovernmentContracts
Contract costs on U.S. government contracts are subject to audit and review by the Defense Contracting Management Agency (DCMA), the Defense Contract Audit Agency (DCAA), and other U.S. government agencies, as well as negotiations with U.S. government representatives. The Company’s incurred cost audits by the DCAA have not been concluded for fiscal year 2016. As of March 31, 2017, the DCAA had completed its incurred cost audit for fiscal year 2004 and approved the Company’s incurred cost claims for fiscal years 2005 through 2015 without further audit. Although the Company has recorded contract revenues subsequent to fiscal year 2015 based upon an estimate of costs that the Company believes will be approved upon final audit or review, the Company does not know the outcome of any ongoing or future audits or reviews and adjustments, and if future adjustments exceed the Company’s estimates, its profitability would be adversely affected.
CY2017 dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
88010000
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-92000
CY2017 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55775000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
29813000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4410000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4509000
CY2017 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017 dei Amendment Flag
AmendmentFlag
false
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
600000
CY2017 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2017 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
21670000
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
34718000
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2%; MARGIN-TOP: 18px"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Concentration of risk</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash equivalents and accounts receivable which are generally not collateralized. The Company limits its exposure to credit loss by placing its cash equivalents with high credit quality financial institutions and investing in high quality short-term debt instruments. The Company establishes customer credit policies related to its accounts receivable based on historical collection experiences within the various markets in which the Company operates, historical past due amounts and any specific information that the Company becomes aware of such as bankruptcy or liquidity issues of customers.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Revenues from the U.S.&#xA0;government as an individual customer comprised approximately 28.8%, 23.7% and 22.8% of total revenues for fiscal years 2017, 2016 and 2015, respectively. Billed accounts receivable to the U.S.&#xA0;government as of March&#xA0;31, 2017 and 2016 were approximately 30.1% and 22.8%, respectively, of total billed receivables. In addition, none of the Company&#x2019;s commercial customers comprised 10.0% or more of total revenues for fiscal years 2017, 2016 and 2015. The Company&#x2019;s five largest contracts generated approximately 19.6%, 19.4% and 21.1% of the Company&#x2019;s total revenues for the fiscal years ended March&#xA0;31, 2017, March&#xA0;31, 2016 and April&#xA0;3, 2015, respectively.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company relies on a limited number of contract manufacturers to produce its products.</font></p> </div>
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-1067000
CY2017 us-gaap Depreciation
Depreciation
200686000
CY2017 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21256000
CY2017 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45236000
CY2017 us-gaap Cost Of Goods Sold
CostOfGoodsSold
524026000
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6600000
CY2017 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1167000
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
21057000
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">On May&#xA0;4, 2015, the Company&#x2019;s Board of Directors approved a change in the Company&#x2019;s fiscal year from a 52 or 53 week fiscal year ending on the Friday closest to March&#xA0;31 to a fiscal year ending on March&#xA0;31 of each year, effective with the fiscal year commencing April&#xA0;4, 2015. Beginning April&#xA0;4, 2015, the Company&#x2019;s fiscal quarters end on June&#xA0;30,&#xA0;September&#xA0;30,&#xA0;December 31, and March&#xA0;31 of each year. Fiscal year 2015 was a 52 week year, whereas fiscal year 2016 was slightly shorter than 52 weeks due to the change in fiscal year beginning April&#xA0;4, 2015. The Company does not believe that this difference in length of year had any material impact on its financial results.</font></p> </div>
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000
CY2017 us-gaap Cost Of Services
CostOfServices
524949000
CY2017 us-gaap Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
The Company leases office and other facilities under non-cancelable operating leases with initial terms ranging from one to 15 years which expire between fiscal year 2018 and fiscal year 2029 and provide for pre-negotiated fixed rental rates during the terms of the lease. Certain of the Company's facilities leases contain option provisions which allow for extension of the lease terms.
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-191000
CY2017 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
2800000
CY2017 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
0
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-218000
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
1559337000
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
794000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
34000000
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
48039000
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5166000
CY2017 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
27500000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8885000
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
140378000
CY2017 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
22403000
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25384000
CY2017 us-gaap Interest Expense
InterestExpense
12083000
CY2017 us-gaap Loss On Contracts
LossOnContracts
6000000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-715005000
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2329000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6677000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
886000
CY2017 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 18px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Note&#xA0;13&#xA0;&#x2014;&#xA0;Contingencies and Certain Matters Resolved During Fiscal Year 2015</b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Contingencies</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">From time to time, the Company is involved in a variety of claims, suits, investigations and proceedings arising in the ordinary course of business, including government investigations and claims, and other claims and proceedings with respect to intellectual property, breach of contract, labor and employment, tax and other matters. Such matters could result in fines; penalties, compensatory, treble or other damages; or <font style="WHITE-SPACE: nowrap">non-monetary</font> relief. A&#xA0;violation of government contract laws and regulations could also result in the termination of our government contracts or debarment from bidding on future government contracts. Although claims, suits, investigations and proceedings are inherently uncertain and their results cannot be predicted with certainty, the Company believes that the resolution of its current pending matters will not have a material adverse effect on its business, financial condition, results of operations or liquidity.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In March 2016, the Company&#x2019;s 52% majority-owned subsidiary TrellisWare was informed by the Civil Division of the U.S. Attorney&#x2019;s Office for the Southern District of California that it was investigating TrellisWare&#x2019;s eligibility for certain prior government contracts and whether TrellisWare&#x2019;s conduct in connection therewith violated the False Claims Act. An estimated loss contingency is accrued when it is probable that an asset has been impaired or a liability has been incurred and the amount of loss can be reasonably estimated. The Company regularly evaluates current information available to determine whether such accruals should be adjusted and whether new accruals are required. In February 2017, based on further developments in that investigation and TrellisWare&#x2019;s discussions with the U.S. Attorney&#x2019;s Office, the Company accrued a total loss contingency of $11.8&#xA0;million in SG&amp;A expenses in our government systems segment, which consisted of $11.4&#xA0;million in uncharacterized damages and $0.4&#xA0;million in penalties. The impact of the loss contingency on net income attributable to ViaSat, Inc. stockholders for fiscal year 2017, net of tax, was $4.0&#xA0;million, with the related amount of $3.7&#xA0;million recorded to net (loss) income attributable to noncontrolling interests, net of tax, while the impact on basic and diluted net income per share attributable to ViaSat, Inc. common stockholders for fiscal year 2017 was $0.08 per share and $0.07 per share, respectively. As of March&#xA0;31, 2017, the total loss contingency was recorded in accrued liabilities and other long term liabilities in the consolidated balance sheet in the amounts of $8.8&#xA0;million and $3.0&#xA0;million, respectively. At this time, the Company cannot determine with certainty how or whether the TrellisWare investigation will conclude or whether this will be the final amount of damages and penalties.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company has contracts with various U.S. government agencies. Accordingly, the Company is routinely subject to audit and review by the DCMA, the DCAA and other U.S. government agencies of its performance on government contracts, indirect rates and pricing practices, accounting and management internal control business systems, and compliance with applicable contracting and procurement laws, regulations and standards. An adverse outcome to a review or audit or other failure to comply with applicable contracting and procurement laws, regulations and standards could result in material civil and criminal penalties and administrative sanctions being imposed on the Company, which may include termination of contracts, forfeiture of profits, triggering of price reduction clauses, suspension of payments, significant customer refunds, fines and suspension, or a prohibition on doing business with U.S.&#xA0;government agencies. In addition, if the Company fails to obtain an &#x201C;adequate&#x201D; determination of its various accounting and management internal control business systems from applicable U.S.&#xA0;government agencies or if allegations of impropriety are made against it, the Company could suffer serious harm to its business or its reputation, including its ability to bid on new contracts or receive contract renewals and its competitive position in the bidding process. The Company&#x2019;s incurred cost audits by the DCAA have not been concluded for fiscal year 2016. As of March&#xA0;31, 2017, the DCAA had completed its incurred cost audit for fiscal year 2004 and approved the Company&#x2019;s incurred cost claims for fiscal years 2005 through 2015 without further audit. Although the Company has recorded contract revenues subsequent to fiscal year 2015 based upon an estimate of costs that the Company believes will be approved upon final audit or review, the Company does not know the outcome of any ongoing or future audits or reviews and adjustments, and if future adjustments exceed the Company&#x2019;s estimates, its profitability would be adversely affected. As of March&#xA0;31, 2017 and 2016, the Company had $1.8&#xA0;million and $2.5&#xA0;million, respectively, in contract-related reserves for its estimate of potential refunds to customers for potential cost adjustments on several multi-year U.S.&#xA0;government cost reimbursable contracts. This reserve is classified as either an element of accrued liabilities or as a reduction of unbilled accounts receivable based on the status of the related contracts.</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 18px; MARGIN-TOP: 0px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Certain Matters Resolved During Fiscal Year 2015</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In September 2014, the Company entered into a settlement agreement with SS/L and Loral (the Settlement Agreement), pursuant to which SS/L and Loral are required to pay the Company a total of $108.7&#xA0;million, inclusive of interest, over a two and a half year period from the date of settlement. In exchange, the Company dismissed both lawsuits against SS/L and Loral. The parties further agreed not to sue each other with respect to the patents and intellectual property that were the subject of the lawsuits and, for a period of two years, not to sue each other or each other&#x2019;s customers for any intellectual property claims.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company accounted for the amounts payable by SS/L and Loral under the Settlement Agreement as a multiple-element arrangement and allocated the total consideration to the identifiable elements based upon their fair value. The consideration assigned to each element was as follows:</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 12px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="79%"></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td></td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid"> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(In&#xA0;thousands)</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Implied license</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">85,132</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Other damages</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">18,714</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Interest income</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,866</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="PAGE-BREAK-INSIDE: avoid"> <td valign="top"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">108,712</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: rgb(0,0,0) 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">During fiscal year 2017, the Company recorded $27.5&#xA0;million with respect to amounts realized under the Settlement Agreement, of which $26.8&#xA0;million was recognized as product revenues in the Company&#x2019;s satellite services segment and $0.7&#xA0;million was recognized as interest income in the consolidated financial statements. During fiscal year 2016, the Company recorded $27.5&#xA0;million with respect to amounts realized under the Settlement Agreement, of which $25.3&#xA0;million was recognized as product revenues in the Company&#x2019;s satellite services segment and $2.2&#xA0;million was recognized as interest income in the consolidated financial statements. During fiscal year 2015, the Company recorded $53.7&#xA0;million with respect to amounts realized under the Settlement Agreement, of which $33.0&#xA0;million was recognized as product revenues and $18.7&#xA0;million was recognized as a reduction to SG&amp;A expenses in the Company&#x2019;s satellite services segment, and $2.0&#xA0;million was recognized as interest income in the consolidated financial statements. As of March&#xA0;31, 2017 all payments pursuant to the Settlement Agreement have been recorded and no further impacts to our consolidated financial statements are anticipated related to the Settlement Agreement.</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 18px; MARGIN-TOP: 0px"> &#xA0;</p> </div>
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23767000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2511000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12386000
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15259000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16071000
CY2017 us-gaap Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
P10Y
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
380000
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
49700000
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-182000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16528000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
417000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
972000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
246000 shares
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
36459000
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
70966000
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
1008000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
392784000
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-35431000
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2391000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1468000
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
21670000
CY2017 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
7815000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3617000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
411298000
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-10018000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1681000
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
15121000
CY2017 us-gaap Litigation Settlement Interest
LitigationSettlementInterest
700000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
514692000
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
503061000
CY2017 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In accordance with the authoritative guidance for revenue recognition for multiple element arrangements, ASU <font style="WHITE-SPACE: nowrap">2009-13,</font> Revenue Recognition (ASC 605) Multiple-Deliverable Revenue Arrangements, which updates ASC <font style="WHITE-SPACE: nowrap">605-25,</font> Revenue Recognition-Multiple element arrangements, of the Financial Accounting Standards Board (FASB) codification, for substantially all of the arrangements with multiple deliverables, the Company allocates revenue to each element based on a selling price hierarchy at the arrangement inception. The selling price for each element is based upon the following selling price hierarchy: vendor specific objective evidence (VSOE) if available, third-party evidence (TPE) if VSOE is not available, or estimated selling price (ESP) if neither VSOE nor TPE are available (a description as to how the Company determines VSOE, TPE and ESP is provided below). If a tangible hardware systems product includes software, the Company determines whether the tangible hardware systems product and the software work together to deliver the product&#x2019;s essential functionality and, if so, the entire product is treated as a nonsoftware deliverable. The total arrangement consideration is allocated to each separate unit of accounting for each of the nonsoftware deliverables using the relative selling prices of each unit based on the aforementioned selling price hierarchy. Revenue for each separate unit of accounting is recognized when the applicable revenue recognition criteria for each element have been met.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">To determine the selling price in multiple-element arrangements, the Company establishes VSOE of the selling price using the price charged for a deliverable when sold separately. The Company also considers specific renewal rates offered to customers for software license updates, product support and hardware systems support, and other services. For nonsoftware multiple-element arrangements, TPE is established by evaluating similar and/or interchangeable competitor products or services in standalone arrangements with similarly situated customers and/or agreements. If the Company is unable to determine the selling price because VSOE or TPE doesn&#x2019;t exist, the Company determines ESP for the purposes of allocating the arrangement by reviewing historical transactions, including transactions whereby the deliverable was sold on a standalone basis and considers several other external and internal factors including, but not limited to, pricing practices including discounting, margin objectives, competition, the geographies in which the Company offers its products and services, the type of customer (i.e., distributor, value added reseller, government agency or direct end user, among others), volume commitments and the stage of the product lifecycle. The determination of ESP considers the Company&#x2019;s pricing model and <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">go-to-market</font></font> strategy. As the Company&#x2019;s, or its competitors&#x2019;, pricing and <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">go-to-market</font></font> strategies evolve, the Company may modify its pricing practices in the future, which could result in changes to its determination of VSOE, TPE and ESP. As a result, the Company&#x2019;s future revenue recognition for multiple-element arrangements could differ materially from those in the current period.</font></p> </div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2%; MARGIN-TOP: 18px"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Management estimates and assumptions</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Estimates have been prepared on the basis of the most current and best available information and actual results could differ from those estimates. Significant estimates made by management include revenue recognition, stock-based compensation, self-insurance reserves, allowance for doubtful accounts, warranty accruals, valuation of goodwill and other intangible assets, patents, orbital slots and other licenses, software development, property, equipment and satellites, long-lived assets, derivatives, contingencies and income taxes including the valuation allowance on deferred tax assets.</font></p> </div>
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
19256000
CY2017 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2%; MARGIN-TOP: 18px"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Indemnification provisions</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In the ordinary course of business, the Company includes indemnification provisions in certain of its contracts, generally relating to parties with which the Company has commercial relations. Pursuant to these agreements, the Company will indemnify, hold harmless and agree to reimburse the indemnified party for losses suffered or incurred by the indemnified party, including but not limited to losses relating to third-party intellectual property claims. To date, there have not been any material costs incurred in connection with such indemnification clauses. The Company&#x2019;s insurance policies do not necessarily cover the cost of defending indemnification claims or providing indemnification, so if a claim was filed against the Company by any party that the Company has agreed to indemnify, the Company could incur substantial legal costs and damages. A claim would be accrued when a loss is considered probable and the amount can be reasonably estimated. At March&#xA0;31, 2017 and 2016, no such amounts were accrued related to the aforementioned provisions.</font></p> </div>
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
713936000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53396000 shares
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
333468000
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12117000
CY2017 dei Trading Symbol
TradingSymbol
VSAT
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
503061000
CY2017 us-gaap Stock Issued1
StockIssued1
13080000
CY2017 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
13080000
CY2017 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8191000
CY2017 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company also enters into certain leasing arrangements with customers and evaluates the contracts in accordance with the authoritative guidance for leases (ASC 840). The Company&#x2019;s accounting for equipment leases involves specific determinations under the authoritative guidance for leases, which often involve complex provisions and significant judgments. In accordance with the authoritative guidance for leases, the Company classifies the transactions as sales type or operating leases based on: (1)&#xA0;review for transfers of ownership of the equipment to the lessee by the end of the lease term, (2)&#xA0;review of the lease terms to determine if it contains an option to purchase the leased equipment for a price which is sufficiently lower than the expected fair value of the equipment at the date of the option, (3)&#xA0;review of the lease term to determine if it is equal to or greater than 75% of the economic life of the equipment, and (4)&#xA0;review of the present value of the minimum lease payments to determine if they are equal to or greater than 90% of the fair market value of the equipment at the inception of the lease. Additionally, the Company considers the cancelability of the contract and any related uncertainty of collections or risk in recoverability of the lease investment at lease inception. Revenue from sales type leases is recognized at the inception of the lease or when the equipment has been delivered and installed at the customer site, if installation is required. Revenues from equipment rentals under operating leases are recognized as earned over the lease term, which is generally on a straight-line basis.</font></p> </div>
CY2017 us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
27559000
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4407000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52318000 shares
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
129647000
CY2017 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Collections in excess of revenues and deferred revenues represent cash collected from customers in advance of revenue recognition and are recorded in accrued liabilities for obligations within the next 12 months. Amounts for obligations extending beyond 12 months are recorded within other liabilities in the consolidated financial statements.</font></p> </div>
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
845401000
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
10286000
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1802000
CY2017 us-gaap Profit Loss
ProfitLoss
21767000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
55775000
CY2017 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
4988000
CY2017 us-gaap Revenue Recognition Percentage Of Completion Method
RevenueRecognitionPercentageOfCompletionMethod
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">A substantial portion of the Company&#x2019;s revenues is derived from long-term contracts requiring development and delivery of complex equipment built to customer specifications. Sales related to long-term contracts are accounted for under the authoritative guidance for the <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">percentage-of-completion</font></font> method of accounting (ASC <font style="WHITE-SPACE: nowrap">605-35).</font> Sales and earnings under these contracts are recorded either based on the ratio of actual costs incurred to date to total estimated costs expected to be incurred related to the contract, or as products are shipped under the <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">units-of-delivery</font></font> method. Anticipated losses on contracts are recognized in full in the period in which losses become probable and estimable. Changes in estimates of profit or loss on contracts are included in earnings on a cumulative basis in the period the estimate is changed. During fiscal years 2017, 2016 and 2015, the Company recorded losses of approximately $6.0&#xA0;million, $5.1&#xA0;million and $0.6&#xA0;million, respectively, related to loss contracts.</font></p> </div>
CY2017 us-gaap Interest Paid Net
InterestPaidNet
10094000
CY2017 vsat Incremental Common Shares Attributable To Restricted Stock Units To Acquire Common Stock
IncrementalCommonSharesAttributableToRestrictedStockUnitsToAcquireCommonStock
658000 shares
CY2017 vsat Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
-421000
CY2017 vsat Products Warranty Period Maximum
ProductsWarrantyPeriodMaximum
P5Y
CY2017 vsat Amortization Of Acquired Intangible Asset
AmortizationOfAcquiredIntangibleAsset
10788000
CY2017 vsat Debt Issuances Costs Capitalized
DebtIssuancesCostsCapitalized
6100000
CY2017 vsat Incremental Common Shares Attributable To Potentially Issuable Per Employee Profit Sharing Plan And To Stock Issued Per Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToPotentiallyIssuablePerEmployeeProfitSharingPlanAndToStockIssuedPerEmployeeStockPurchasePlan
174000 shares
CY2017 vsat Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost And Other Compensation Related Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCostAndOtherCompensationRelatedCost
2659000
CY2017 vsat Income Tax Reconciliation Nondeductible Expense Acquisition Transaction Costs
IncomeTaxReconciliationNondeductibleExpenseAcquisitionTransactionCosts
645000
CY2017 vsat Loss Contingency Estimate Of Possible Loss Impact To Net Income Loss Attributable To Noncontrolling Interest
LossContingencyEstimateOfPossibleLossImpactToNetIncomeLossAttributableToNoncontrollingInterest
3700000
CY2017 vsat Increase Decrease In Other Noncontrolling Interest Activities
IncreaseDecreaseInOtherNoncontrollingInterestActivities
-8000
CY2017 vsat Loss Contingency Estimate Of Possible Loss Impact To Net Income Loss Available To Common Stockholders
LossContingencyEstimateOfPossibleLossImpactToNetIncomeLossAvailableToCommonStockholders
4000000
CY2017 vsat Impact Of Loss Contingency On Earnings Per Share Diluted
ImpactOfLossContingencyOnEarningsPerShareDiluted
0.07
CY2017 vsat Impact Of Loss Contingency On Earnings Per Share Basic
ImpactOfLossContingencyOnEarningsPerShareBasic
0.08

Files In Submission

Name View Source Status
0001193125-17-182146-index-headers.html Edgar Link pending
0001193125-17-182146-index.html Edgar Link pending
0001193125-17-182146.txt Edgar Link pending
0001193125-17-182146-xbrl.zip Edgar Link pending
d351569d10k.htm Edgar Link pending
d351569dex105.htm Edgar Link pending
d351569dex211.htm Edgar Link pending
d351569dex231.htm Edgar Link pending
d351569dex311.htm Edgar Link pending
d351569dex312.htm Edgar Link pending
d351569dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vsat-20170331.xml Edgar Link completed
vsat-20170331.xsd Edgar Link pending
vsat-20170331_cal.xml Edgar Link unprocessable
vsat-20170331_def.xml Edgar Link unprocessable
vsat-20170331_lab.xml Edgar Link unprocessable
vsat-20170331_pre.xml Edgar Link unprocessable