XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.0.1
Acquisitions (Tables)
9 Months Ended
Dec. 31, 2021
EBI Step Acquisition [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation of Acquired Assets and Assumed Liabilities The preliminary purchase price allocation of the acquired assets and assumed liabilities based on the estimated fair values as of April 30, 2021, slightly adjusted since the close of the acquisition, primarily between goodwill, identifiable intangible assets and property, equipment and satellites, is as follows:

 

 

 

(In thousands)

 

Current assets

 

$

154,479

 

Property, equipment and satellites

 

 

108,696

 

Identifiable intangible assets

 

 

26,574

 

Goodwill

 

 

42,488

 

Other assets

 

 

1,028

 

Total assets acquired

 

$

333,265

 

Total liabilities assumed

 

$

(5,914

)

Total consideration transferred

 

$

327,351

 

Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis

Amounts assigned to identifiable intangible assets are preliminary and are being amortized on a straight-line basis over their estimated useful lives (which approximates the economic pattern of benefit) and are as follows as of April 30, 2021:

 

 

 

Preliminary

 

 

Estimated Weighted

 

 

 

Fair Value

 

 

Average Useful Life

 

 

 

(In thousands)

 

 

(In years)

 

Customer relationships

 

$

17,877

 

 

 

8

 

Other

 

 

7,851

 

 

 

7

 

Trade name

 

 

846

 

 

 

2

 

Total identifiable intangible assets

 

$

26,574

 

 

 

8

 

RigNet, Inc [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation of Acquired Assets and Assumed Liabilities The preliminary purchase price allocation of the acquired assets and assumed liabilities based on the estimated fair values as of April 30, 2021 is as follows:

 

 

 

(In thousands)

 

Current assets

 

$

88,166

 

Property, equipment and satellites

 

 

63,191

 

Identifiable intangible assets

 

 

221,540

 

Goodwill

 

 

29,132

 

Other assets

 

 

13,350

 

Total assets acquired

 

$

415,379

 

Current liabilities

 

 

(66,006

)

Other long-term liabilities

 

 

(31,433

)

Total liabilities assumed

 

$

(97,439

)

Total consideration transferred

 

$

317,940

 

Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis

Amounts assigned to identifiable intangible assets are preliminary and are being amortized on a straight-line basis over their estimated useful lives (which approximates the economic pattern of benefit) and are as follows as of April 30, 2021:

 

 

 

Preliminary

 

 

Estimated Weighted

 

 

 

Fair Value

 

 

Average Useful Life

 

 

 

(In thousands)

 

 

(In years)

 

Technology

 

$

85,440

 

 

 

8

 

Customer relationships

 

 

101,920

 

 

 

12

 

Trade name

 

 

25,540

 

 

 

8

 

Other

 

 

8,640

 

 

 

12

 

Total identifiable intangible assets

 

$

221,540

 

 

 

10

 

Summary of Proforma Financial Information The pro forma financial information for the three-month and nine-month periods ended December 31, 2021, and December 31, 2020 include the business combination accounting effects primarily related to the amortization and depreciation changes from acquired intangible and tangible assets, acquisition-related transaction costs and related tax effects.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31, 2021

 

 

December 31, 2020

 

 

December 31, 2021

 

 

December 31, 2020

 

 

 

(In thousands)

 

Total revenues

 

$

719,717

 

 

$

622,606

 

 

$

2,097,548

 

 

$

1,809,485

 

Net (loss) income attributable
   to Viasat, Inc.

 

$

(6,613

)

 

$

(4,308

)

 

$

9,222

 

 

$

(47,628

)