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Acquisitions (Tables)
12 Months Ended
Mar. 31, 2022
EBI Step Acquisition [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation of Acquired Assets and Assumed Liabilities

The 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

 

$

154,207

 

Property, equipment and satellites

 

 

109,028

 

Identifiable intangible assets

 

 

26,574

 

Other assets

 

 

795

 

Total assets acquired

 

$

290,604

 

Total liabilities assumed

 

$

(5,914

)

Goodwill

 

 

42,662

 

Total consideration transferred

 

$

327,352

 

Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis

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

 

 

 

 

 

 

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 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

 

Other assets

 

 

13,350

 

Total assets acquired

 

$

386,247

 

Current liabilities

 

 

(66,006

)

Other long-term liabilities

 

 

(31,433

)

Total liabilities assumed

 

$

(97,439

)

Goodwill

 

 

29,132

 

Total consideration transferred

 

$

317,940

 

Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis

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

 

 

 

 

 

 

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 fiscal years ended March 31, 2022 and 2021 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.

 

 

 

Fiscal Years Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

 

 

(In thousands)

 

Total revenues

 

$

2,799,252

 

 

$

2,449,881

 

Net (loss) income attributable to Viasat, Inc.

 

$

(19,957

)

 

$

(43,866

)