Company: VSAT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016993
Chunk: 38

Company: VIASAT INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 38
---
 shares excluded from the calculation for the three months ended December 31, 2024 and 2023 consisted of 227,792 shares and 255,329 shares, respectively, related to stock options (other than market-based performance stock options), 6,323,440 shares and 3,533,492 shares, respectively, related to restricted stock units (other than PSUs), 323,702 shares and zero shares, respectively, related to performance condition PSUs, and 2,198,574 shares and 802,165 shares, respectively, related to certain terms of the Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan.

27

VIASAT, INC.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)(UNAUDITED) 

Potentially dilutive weighted average shares excluded from the calculation for the nine months ended December 31, 2024 and 2023 consisted of 225,402 shares and 248,568 shares, respectively, related to stock options (other than market-based performance stock options), 5,622,696 shares and 2,068,956 shares, respectively, related to restricted stock units (other than PSUs), 145,329 shares and zero shares, respectively, related to performance condition PSUs, and 2,062,866 shares and 610,170 shares, respectively, related to certain terms of the Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan. 

Note 6 — Goodwill and Acquired Intangible Assets During the nine months ended December 31, 2024, the insignificant decrease in the Company’s goodwill was primarily related to foreign currency translation effect recorded within both of the Company's segments. During the nine months ended December 31, 2023, the increase in the Company’s goodwill was primarily related to the Inmarsat Acquisition (see Note 4 — Acquisition for more information) and foreign currency translation effect recorded within both of the Company’s segments.Other acquired intangible assets are amortized using the straight-line method over their estimated useful lives of two to 20 years (which approximates the economic pattern of benefit). Amortization expense related to other acquired intangible assets was $65.8 million and $91.7 million for the three months ended December 31, 2024 and 2023, respectively, and $198.1 million and $200.9 million for the nine months ended December 31,