v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:      
Net income (loss) $ 3,926 $ (531,125) $ (1,057,919)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 1,038,515 1,036,467 867,641
Amortization of intangible assets 315,950 324,340 289,883
Stock-based compensation expense 81,070 80,385 83,631
Disposition of fixed assets losses, ground network (FY25) and satellite (FY24) impairment, net 22,770 152,898 975,383
Gain on sale of equity interest in unconsolidated affiliate (168,062)    
Loss (gain) on extinguishment of debt, net 11,935 99,814  
Deferred income taxes and other non-cash adjustments 56,454 (106,956) (111,077)
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable (58,169) (59,726) (69,156)
Inventories 13,050 33,223 (13,387)
Other assets (6,590) 18,333 45,669
Accounts payable 36,840 40,462 (41,499)
Accrued liabilities 62,969 6,984 (141,610)
Other liabilities 179,227 (186,912) (139,363)
Net cash provided by (used in) operating activities 1,589,885 908,187 688,196
Cash flows from investing activities:      
Purchase of property, equipment and satellites, and other assets (992,774) (1,030,182) (1,539,385)
Proceeds from insurance claims on satellites 10,000 251,500 508,560
Proceeds from sale of equity interest in unconsolidated affiliate 202,958    
Payment related to acquisition of business, net of cash acquired     (342,621)
Proceeds from sale of short-term investments     164,266
Payments to acquire short-term investments     (82,000)
Other investing activities 20,770 20,327  
Net cash provided by (used in) investing activities (759,046) (758,355) (1,291,180)
Cash flows from financing activities:      
Payments on debt borrowings (809,062) (2,390,713) (567,033)
Proceeds from debt borrowings 175,873 1,975,000 1,736,539
Payments of debt issuance costs (2,710) (36,284) (53,179)
Distributions to minority shareholders (59,695)    
Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation (18,332) (5,510) (11,713)
Proceeds from issuance of common stock under equity plans 18,131 18,018 19,294
Other financing activities 1,374 (3,102) 448
Net cash provided by (used in) financing activities (694,421) (442,591) 1,124,356
Effect of exchange rate changes on cash (1,688) 3,831 275
Net increase (decrease) in cash and cash equivalents and restricted cash 134,730 (288,928) 521,647
Cash and cash equivalents and restricted cash at beginning of fiscal year 1,612,105 1,901,033 1,379,386
Cash and cash equivalents at end of fiscal year 1,746,835 1,612,105 1,901,033
Supplemental information:      
Cash paid for interest (net of amounts capitalized) 326,548 390,043 228,965
Cash paid for income taxes, net 80,701 196,290 200,561
Non-cash investing and financing activities:      
Issuance of common stock in satisfaction of certain accrued employee compensation liabilities 27,784 $ 28,063 31,173
Capital expenditures not paid for during the period $ 42,475   4,633
Inmarsat [Member]      
Non-cash investing and financing activities:      
Issuance of common stock in connection with acquisition     $ 2,123,455