Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.19.3
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the disaggregation of the Company’s revenue from contracts with customers for the three and nine months ended September 30, 2019 and 2018:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Media & Content -- Licensing and Services
$
81,122

 
$
80,649

 
$
235,145

 
$
239,020

Connectivity -- Aviation Services
31,495

 
31,113

 
93,357

 
89,862

Connectivity -- Aviation Equipment
15,759

 
3,464

 
38,538

 
17,773

Connectivity -- Maritime & Land Services
39,903

 
45,842

 
119,625

 
131,678

Connectivity -- Maritime & Land Equipment
1,610

 
2,959

 
7,310

 
8,154

Total Revenues
$
169,889

 
$
164,027

 
$
493,975

 
$
486,487

Schedule of Contract Liabilities
The following table summarizes the significant changes in the contract liabilities during the nine months ended September 30, 2019 (in thousands):
 
September 30, 2019
Opening balance as of January 1
$
8,546

Revenue recognized during the period relating to opening balance
(7,642
)
Increase due to collections, excluding amounts recognized as revenue during the period
9,603

Closing Balance
$
10,507

 
 
Deferred revenue, current
10,421

Deferred revenue, non-current
86

 
$
10,507