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Acquisitions (Tables)
6 Months Ended
Sep. 30, 2021
Euro​ Infrastructure​ Co 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 during the second quarter of fiscal year 2022 primarily between goodwill and identifiable intangible assets, is as follows:

 

 

(In thousands)

 

Current assets

 

$

154,479

 

Property, equipment and satellites

 

 

109,433

 

Identifiable intangible assets

 

 

26,574

 

Goodwill

 

 

41,157

 

Other assets

 

 

1,004

 

Total assets acquired

 

$

332,647

 

Total liabilities assumed

 

$

(5,296

)

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 six-month periods ended September 30, 2021, and September 30, 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

 

 

Six Months Ended

 

 

 

September 30, 2021

 

 

September 30, 2020

 

 

September 30, 2021

 

 

September 30, 2020

 

 

 

(In thousands)

 

Total revenues

 

$

701,354

 

 

$

603,000

 

 

$

1,377,831

 

 

$

1,186,879

 

Net income (loss) attributable to Viasat, Inc.

 

$

3,291

 

 

$

(7,582

)

 

$

15,835

 

 

$

(43,356

)