Company: VSAT
Filing Date: 2025-05-27
Form Type: 10-K
Source: 0000950170-25-077138
Chunk: 105

Company: VIASAT INC
Filing Date: 2025-05-27
Form: 10-K
Item: Item 6
Chunk 105
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ES TO THE CONSOLIDATED FINANCIAL STATEMENTS - (Continued) 

Note 3 — Fair Value Measurements In accordance with the authoritative guidance for financial assets and liabilities measured at fair value on a recurring basis (ASC 820), the Company determines fair value based on the exchange price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants, and prioritizes the inputs used to measure fair value from market-based assumptions to entity specific assumptions: •Level 1 — Inputs based on quoted market prices for identical assets or liabilities in active markets at the measurement date. •Level 2 — Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. •Level 3 — Inputs which reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The inputs are unobservable in the market and significant to the instrument’s valuation. The following tables present the Company's hierarchy for its assets measured at fair value on a recurring basis as of March 31, 2025 and March 31, 2024. The Company had no liabilities measured at fair value on a recurring basis as of both March 31, 2025 and March 31, 2024. 

         Fair Value as ofMarch 31, 2025

         Level 1

         Level 2

         Level 3

         (In thousands)

         Assets:

         Cash equivalents
          
         $
         572,256

         $
         572,256

         $
         —

         $
         —

         Total assets measured at fair value on a recurring basis
          
         $
         572,256

         $
         572,256

         $
         —

         $
         —

         Fair Value as ofMarch 31, 2024

         Level 1

         Level 2

         Level 3

         (In thousands)

         Assets:

         Cash equivalents
          
         $
         474,743

         $
         474,743

         $
         —

         $
         —

         Interest rate cap contracts

         44,497

         —

         44,497

         —

         Total assets measured at fair value on a recurring basis
          
         $
         519