Company: VSAT
Filing Date: 2025-05-27
Form Type: 10-K
Source: 0000950170-25-077138
Chunk: 109

Company: VIASAT INC
Filing Date: 2025-05-27
Form: 10-K
Item: Item 6
Chunk 109
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 46.36 million shares of the Company’s common stock issued at the closing of the transaction and $550.7 million in cash consideration. In connection with the Inmarsat Acquisition, the Company recorded acquisition-related transaction costs of zero, $31.3 million and $40.4 million during fiscal years 2025, 2024 and 2023, respectively, included in selling, general and administrative expenses.The purchase price allocation of the acquired assets and assumed liabilities in the Inmarsat Acquisition based on the estimated fair values as of May 30, 2023, adjusted since the closing of the Inmarsat Acquisition, primarily between property, equipment and satellites, identifiable intangible assets, deferred tax liabilities and goodwill, is as follows: 

         (In thousands)

         Current assets
          
         $
         641,893

         Property, equipment and satellites

         4,363,049

         Identifiable intangible assets

         2,570,000

         Other assets

         388,745

         Total assets acquired
          
         $
         7,963,687

         Current liabilities

         (598,296
         )

         Long-term debt, excluding short-term portion

         (3,519,774
         )

         Other long-term liabilities

         (2,629,406
         )

         Total liabilities assumed
          
         $
         (6,747,476
         )

         Goodwill

         1,462,881

         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 amortized into service revenue over a weighted average estimated useful life of approximately nine years. 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 May 30, 2023: 

         Fair Value

         Weighted Average Useful Life

         (In thousands)

         (In years)

         Orbital slots and spectrum assets
          
         $
         1,080,000

         12

         Customer relationships

         1,305,000

         11

         Technology

         100,000

         7

         Trade names

         85,000

         8

         Total identifiable intangible assets