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Acquisition (Tables) - Inmarsat Holdings [Member]
3 Months Ended
Jun. 30, 2023
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 in the Inmarsat Acquisition based on the preliminary estimated fair values as of May 30, 2023 is as follows:

 

 

 

(In thousands)

 

Current assets

 

$

652,396

 

Property, equipment and satellites

 

 

4,589,853

 

Identifiable intangible assets

 

 

2,370,700

 

Other assets

 

 

401,754

 

Total assets acquired

 

$

8,014,703

 

Current liabilities

 

 

(579,874

)

Long-term debt

 

 

(3,519,550

)

Other long-term liabilities

 

 

(2,670,504

)

Total liabilities assumed

 

$

(6,769,928

)

Goodwill

 

 

1,434,317

 

Total consideration transferred

 

$

2,679,092

 

Current liabilities and other long-term liabilities include approximately $29.6 million and $248.3 million, respectively, of unfavorable contract liabilities.
Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis Estimated amounts assigned to identifiable intangible assets 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 May 30, 2023:

 

 

 

 

 

 

Weighted

 

 

 

Estimated Fair Value

 

 

Average Estimated Useful Life

 

 

 

(In thousands)

 

 

(In years)

 

Orbital slots and spectrum assets

 

 

1,010,000

 

 

 

12

 

Customer relationships

 

 

935,000

 

 

 

11

 

Technology

 

 

105,000

 

 

 

7

 

Trade name

 

 

85,000

 

 

 

8

 

Other

 

 

235,700

 

 

 

5

 

Total identifiable intangible assets

 

$

2,370,700

 

 

 

11

 

Summary of Proforma Financial Information The pro forma financial information for the three months ended June 30, 2023 and 2022 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

 

 

Three Months Ended

 

 

June 30, 2023

 

 

June 30, 2022

 

 

(In thousands)

 

Total revenues

$

1,050,226

 

 

$

944,410

 

Net income (loss) attributable to Viasat, Inc.

$

(41,962

)

 

$

(222,689

)