Viasat (VSAT) 10-Q 9 Aug 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jun. 30, 2023	Jul. 21, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Trading Symbol	VSAT
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Security Exchange Name	NASDAQ
Entity Registrant Name	VIASAT, INC.
Entity Central Index Key	0000797721
Current Fiscal Year End Date	--03-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		124,054,755
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-21767
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	33-0174996
Entity Address, Address Line One	6155 El Camino Real
Entity Address, City or Town	Carlsbad
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92009
City Area Code	760
Local Phone Number	476-2200

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,958,506	$ 1,348,854
Restricted cash	33,964	30,532
Short-term investments	134,266
Accounts receivable, net	630,530	419,934
Inventories	335,561	268,563
Prepaid expenses and other current assets	333,642	176,629
Total current assets	3,426,469	2,244,512
Property, equipment and satellites, net	9,162,891	4,378,283
Operating lease right-of-use assets	442,654	281,757
Other acquired intangible assets, net	2,546,130	201,205
Goodwill	1,592,057	158,542
Other assets	727,405	466,038
Total assets	17,897,606	7,730,337
Current liabilities:
Accounts payable	377,638	271,548
Accrued and other liabilities	1,034,065	647,232
Current portion of long-term debt	59,757	37,939
Total current liabilities	1,471,460	956,719
Senior notes	3,610,544	1,689,186
Other long-term debt	3,607,750	732,315
Non-current operating lease liabilities	419,888	273,006
Other liabilities	2,812,092	218,542
Total liabilities	11,921,734	3,869,768
Commitments and contingencies (Note 10)
Viasat, Inc. stockholders’ equity
Common stock	13	8
Paid-in capital	4,718,054	2,540,679
Retained earnings	1,241,332	1,318,336
Accumulated other comprehensive (loss) income	(19,889)	(34,713)
Total Viasat, Inc. stockholders’ equity	5,939,510	3,824,310
Noncontrolling interest in subsidiary	36,362	36,259
Total equity	5,975,872	3,860,569
Total liabilities and equity	$ 17,897,606	$ 7,730,337

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenues:
Total revenues	$ 779,791	$ 575,056
Operating expenses:
Selling, general and administrative	219,581	171,625
Independent research and development	29,004	34,765
Amortization of acquired intangible assets	27,811	7,523
Income (loss) from operations	(41,516)	(56,638)
Other income (expense):
Interest income	19,189	123
Interest expense	(55,939)	(5,873)
Other income, net		1,011
Income (loss) from continuing operations before income taxes	(78,266)	(61,377)
(Provision for) benefit from income taxes from continuing operations	533	22,813
Equity in income (loss) of unconsolidated affiliate, net	831
Net income (loss) from continuing operations	(76,902)	(38,564)
Net income (loss) from discontinued operations, net of tax		17,525
Net income (loss)	(76,902)	(21,039)
Less: net income (loss) attributable to noncontrolling interest, net of tax	102	525
Net income (loss) attributable to Viasat, Inc.	$ (77,004)	$ (21,564)
Income (loss) per share attributable to Viasat, Inc. common stockholders - basic:
Continuing operations	$ (0.83)	$ (0.52)
Discontinued operations		0.23
Income (loss)	(0.83)	(0.29)
Income (loss) per share attributable to Viasat, Inc. common stockholders - diluted
Continuing operations	(0.83)	(0.52)
Discontinued operations		0.23
Income (loss)	$ (0.83)	$ (0.29)
Shares used in computing basic net income (loss) per share	93,106	74,863
Shares used in computing diluted net income (loss) per share	93,106	74,863
Comprehensive income (loss):
Net income (loss)	$ (76,902)	$ (21,039)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax	8,527	(20,341)
Unrealized gain (loss) on hedging, net of tax	6,297
Other comprehensive income (loss), net of tax	14,824	(20,341)
Comprehensive income (loss)	(62,078)	(41,380)
Less: comprehensive income (loss) attributable to noncontrolling interest, net of tax	102	525
Comprehensive income (loss) attributable to Viasat, Inc.	(62,180)	(41,905)
Product [Member]
Revenues:
Total revenues	236,372	172,495
Operating expenses:
Cost of revenues	197,078	149,116
Service [Member]
Revenues:
Total revenues	543,419	402,561
Operating expenses:
Cost of revenues	$ 347,833	$ 268,665

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income (loss)	$ (76,902)	$ (21,039)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	132,011	102,353
Amortization of intangible assets	42,568	21,734
Stock-based compensation expense	21,752	21,232
Loss on disposition of fixed assets	9,729	11,150
Deferred income taxes and other non-cash adjustments	(24,203)	(7,569)
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of effect of acquisition:
Accounts receivable	(739)	(27,102)
Inventories	(34,684)	(20,563)
Other assets	(39,564)	9,148
Accounts payable	41,509	16,912
Accrued liabilities	(58,969)	(50,195)
Other liabilities	91,158	(16,424)
Net cash provided by (used in) operating activities	103,666	39,637
Cash flows from investing activities:
Purchase of property, equipment and satellites, and other assets	(374,926)	(270,857)
Payment related to acquisition of business, net of cash acquired	(342,621)
Payments to acquire short-term investments	(52,000)
Net cash provided by (used in) investing activities	(769,547)	(270,857)
Cash flows from financing activities:
Proceeds from debt borrowings	1,334,683	150,000
Payments on debt borrowings	(18,868)	(12,693)
Payments of debt issuance costs	(34,558)	(1,511)
Proceeds from issuance of common stock under equity plans	82	9,626
Purchase of common stock in treasury (immediately retired) related to tax withholdings for stock-based compensation	(2,212)	(505)
Other financing activities	(779)	(706)
Net cash provided by (used in) financing activities	1,278,348	144,211
Effect of exchange rate changes on cash	617	(1,930)
Net increase (decrease) in cash and cash equivalents and restricted cash	613,084	(88,939)
Cash and cash equivalents and restricted cash at beginning of period	1,379,386	310,459
Cash and cash equivalents and restricted cash at end of period	1,992,470	221,520
Non-cash investing and financing activities:
Issuance of common stock in satisfaction of certain accrued compensation liabilities	31,173	27,619
Debt issuance costs not paid for	6,649
Right-of-use assets obtained in exchange for operating lease liabilities	5,241	3,750
Capital expenditures not paid for during the period		$ 17,944
Inmarsat [Member]
Non-cash investing and financing activities:
Issuance of common stock in connection with acquisition	$ 2,123,455

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interest in Subsidiary [Member]
Beginning balance at Mar. 31, 2022	$ 2,682,594	$ 7	$ 2,421,950	$ 233,530	$ (21,621)	$ 48,728
Beginning balance, shares at Mar. 31, 2022		74,428,816
Issuance of stock under Employee Stock Purchase Plan	9,626		9,626
Issuance of stock under Employee Stock Purchase Plan, shares		369,712
Stock-based compensation	24,158		24,158
Shares issued in settlement of certain accrued employee compensation liabilities	27,619	$ 1	27,618
Shares issued in settlement of certain accrued employee compensation liabilities, shares		719,989
RSU awards vesting, net of shares withheld for taxes which have been retired	(505)		(505)
RSU awards vesting, net of shares withheld for taxes which have been retired, shares		33,306
Net income (loss)	(21,039)			(21,564)		525
Other comprehensive income (loss), net of tax	(20,341)				(20,341)
Ending balance at Jun. 30, 2022	2,702,112	$ 8	2,482,847	211,966	(41,962)	49,253
Ending balance, shares at Jun. 30, 2022		75,551,823
Beginning balance at Mar. 31, 2023	3,860,569	$ 8	2,540,679	1,318,336	(34,713)	36,259
Beginning balance, shares at Mar. 31, 2023		76,912,016
Exercise of stock options, shares		2,633
Exercise of stock options	82		82
Stock-based compensation	24,882		24,882
Shares issued in settlement of certain accrued employee compensation liabilities	31,173		31,173
Shares issued in settlement of certain accrued employee compensation liabilities, shares		687,851
RSU awards vesting, net of shares withheld for taxes which have been retired	(2,212)		(2,212)
RSU awards vesting, net of shares withheld for taxes which have been retired, shares		88,619
Shares issued in connection with acquisition of business, net of issuance costs	2,123,455	$ 5	2,123,450
Shares issued in connection with acquisition of business, net of issuance costs , shares		46,363,636
Other noncontrolling interest activity	1					1
Net income (loss)	(76,902)			(77,004)		102
Other comprehensive income (loss), net of tax	14,824				14,824
Ending balance at Jun. 30, 2023	$ 5,975,872	$ 13	$ 4,718,054	$ 1,241,332	$ (19,889)	$ 36,362
Ending balance, shares at Jun. 30, 2023		124,054,755

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (77,004)	$ (21,564)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	Rule 10b5-1 Trading Plan Elections On May 25, 2023 , John Stenbit , Director , adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to 5,000 shares of the Company’s common stock from August 24, 2023 until September 6, 2023.
John Stenbit
Trading Arrangements, by Individual
Name	John Stenbit
Title	Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	May 25, 2023
Aggregate Available	5,000

Basis of Presentation

Basis of Presentation	3 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Note 1 — Basis of Presentation The accompanying condensed consolidated balance sheet at June 30, 2023, the condensed consolidated statements of operations and comprehensive income (loss) for the three months ended June 30, 2023 and 2022, the condensed consolidated statements of cash flows for the three months ended June 30, 2023 and 2022 and the condensed consolidated statements of equity for the three months ended June 30, 2023 and 2022 have been prepared by the management of Viasat, Inc. (also referred to hereafter as the Company or Viasat), and have not been audited. These financial statements have been prepared on the same basis as the audited consolidated financial statements for the fiscal year ended March 31, 2023 and, in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) necessary for a fair statement of the Company’s results for the periods presented. These financial statements should be read in conjunction with the financial statements and notes thereto for the fiscal year ended March 31, 2023 included in the Company’s Annual Report on Form 10-K. Interim operating results are not necessarily indicative of operating results for the full year. The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America (GAAP). The Company’s condensed consolidated financial statements include the assets, liabilities and results of operations of Viasat, its wholly owned subsidiaries and its majority-owned subsidiary, TrellisWare Technologies, Inc. All significant intercompany amounts have been eliminated. Investments in entities in which the Company can exercise significant influence, but does not own a majority equity interest or otherwise control, are accounted for using the equity method and are included as investment in unconsolidated affiliate in other assets (long-term) on the condensed consolidated balance sheets. On May 30, 2023, the Company purchased all of the issued and outstanding shares of Connect Topco Limited, a private company limited by shares and incorporated in Guernsey (Inmarsat Holdings and, together with its subsidiaries, Inmarsat) in exchange for approximately $ 550.7 million in cash and 46.36 million unregistered shares of the Company’s common stock (the Inmarsat Acquisition). In connection with the closing of the Inmarsat Acquisition, the Company entered into a $616.7 million senior secured term loan facility (the 2023 Term Loan Facility) and a $733.4 million unsecured bridge loan facility (the Bridge Facility), which were fully drawn at closing. See Note 4 – Acquisition and Note 8 – Senior Notes and Other Long-Term Debt for more information. The Inmarsat Acquisition was accounted for as a purchase and accordingly, the condensed consolidated financial statements include the operating results of Inmarsat from the date of acquisition. In connection with the closing of the Inmarsat Acquisition, the Company's certificate of incorporation was amended to increase the number of shares of common stock authorized for issuance from 100,000,000 to 200,000,000 as previously approved by the Company's stockholders at a special meeting held on June 21, 2022. On January 3, 2023, the Company completed the sale of certain assets and liabilities comprising the Company's Link-16 Tactical Data Links business (the Link-16 TDL Business), part of the Company's government systems segment, to L3Harris Technologies, Inc. (L3Harris) in exchange for approximately $ 1.96 billion in cash, subject to adjustments (the Link-16 TDL Sale). In accordance with the authoritative guidance for discontinued operations (Accounting Standards Codification (ASC) 205-20), the Company determined that the Link-16 TDL Business met held-for-sale and discontinued operations accounting criteria at the end of the second quarter of fiscal year 2023 . Therefore, for comparability purposes, the Company recast the previously disclosed first quarter of fiscal year 2023 information and classified the results of the Link-16 TDL Business as discontinued operations in its condensed consolidated statements of operations for the three months ended June 30, 2022. The cash flows related to discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows for the three months ended June 30, 2022 . Unless otherwise noted, discussion within the notes to the condensed consolidated financial statements relates to continuing operations only and excludes the Link-16 TDL Business. See Note 5 — Discontinued Operations for additional information. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Estimates have been prepared on the basis of the most current and best available information and actual results could differ from those estimates. Significant estimates made by management include revenue recognition, stock-based compensation, allowance for doubtful accounts, valuation of goodwill and other intangible assets, patents, orbital slots and other licenses, software development, property, equipment and satellites, long-lived assets, derivatives, contingencies and income taxes including the valuation allowance on deferred tax assets. Revenue recognition In accordance with the authoritative guidance for revenue from contracts with customers (ASC 606), the Company applies the five-step model to its contracts with its customers. Under this model the Company (1) identifies the contract with the customer, (2) identifies its performance obligations in the contract, (3) determines the transaction price for the contract, (4) allocates the transaction price to its performance obligations and (5) recognizes revenue when or as it satisfies its performance obligations. These performance obligations generally include the purchase of services (including broadband capacity and the leasing of broadband equipment), the purchase of products, and the development and delivery of complex equipment built to customer specifications under long-term contracts. Performance obligations The timing of satisfaction of performance obligations may require judgment. The Company derives a substantial portion of its revenues from contracts with customers for services, primarily consisting of connectivity services. These contracts typically require advance or recurring monthly payments by the customer. The Company’s obligation to provide connectivity services is satisfied over time as the customer simultaneously receives and consumes the benefits provided. The measure of progress over time is based upon either a period of time (e.g., over the estimated contractual term) or usage (e.g., bandwidth used/bytes of data processed). The Company evaluates whether broadband equipment provided to its customers as part of the delivery of connectivity services represents a lease in accordance with the authoritative guidance for leases (ASC 842). As discussed further below under “Leases - Lessor accounting”, for broadband equipment leased to customers in conjunction with the delivery of connectivity services, the Company accounts for the lease and non-lease components of connectivity service arrangements as a single performance obligation as the connectivity services represent the predominant component. The Company also derives a portion of its revenues from contracts with customers to provide products. Performance obligations to provide products are satisfied at the point in time when control is transferred to the customer. These contracts typically require payment by the customer upon passage of control and determining the point at which control is transferred may require judgment. To identify the point at which control is transferred to the customer, the Company considers indicators that include, but are not limited to, whether (1) the Company has the present right to payment for the asset, (2) the customer has legal title to the asset, (3) physical possession of the asset has been transferred to the customer, (4) the customer has the significant risks and rewards of ownership of the asset, and (5) the customer has accepted the asset. For product revenues, control generally passes to the customer upon delivery of goods to the customer. The Company’s contracts with the U.S. Government typically are subject to the Federal Acquisition Regulation (FAR) and are priced based on estimated or actual costs of producing goods or providing services. The FAR provides guidance on the types of costs that are allowable in establishing prices for goods and services provided under U.S. Government contracts. The pricing for non-U.S. Government contracts is based on the specific negotiations with each customer. Under the typical payment terms of the Company’s U.S. Government fixed-price contracts, the customer pays the Company either performance-based payments (PBPs) or progress payments. PBPs are interim payments based on quantifiable measures of performance or on the achievement of specified events or milestones. Progress payments are interim payments based on a percentage of the costs incurred as the work progresses. Because the customer can often retain a portion of the contract price until completion of the contract, the Company’s U.S. Government fixed-price contracts generally result in revenue recognized in excess of billings which the Company presents as unbilled accounts receivable on the balance sheet. Amounts billed and due from the Company’s customers are classified as receivables on the balance sheet. The portion of the payments retained by the customer until final contract settlement is not considered a significant financing component because the intent is to protect the customer. For the Company’s U.S. Government cost-type contracts, the customer generally pays the Company for its actual costs incurred within a short period of time. For non-U.S. Government contracts, the Company typically receives interim payments as work progresses, although for some contracts, the Company may be entitled to receive an advance payment. The Company recognizes a liability for these advance payments in excess of revenue recognized and presents it as collections in excess of revenues and deferred revenues on the balance sheet. An advance payment is not typically considered a significant financing component because it is used to meet working capital demands that can be higher in the early stages of a contract and to protect the Company from the other party failing to adequately complete some or all of its obligations under the contract. Performance obligations related to developing and delivering complex equipment built to customer specifications under long-term contracts are recognized over time as these performance obligations do not create assets with an alternative use to the Company and the Company has an enforceable right to payment for performance to date. To measure the transfer of control, revenue is recognized based on the extent of progress towards completion of the performance obligation. The selection of the method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. The Company generally uses the cost-to-cost measure of progress for its contracts because that best depicts the transfer of control to the customer which occurs as the Company incurs costs on its contracts. Under the cost-to-cost measure of progress, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs at completion of the performance obligation. Estimating the total costs at completion of a performance obligation requires management to make estimates related to items such as subcontractor performance, material costs and availability, labor costs and productivity and the costs of overhead. When estimates of total costs to be incurred on a contract exceed total estimates of revenue to be earned, a provision for the entire loss on the contract is recognized in the period the loss is determined. Contract costs on U.S. Government contracts are subject to audit and review by the Defense Contracting Management Agency (DCMA), the Defense Contract Audit Agency (DCAA), and other U.S. Government agencies, as well as negotiations with U.S. Government representatives. As of June 30, 2023 , the DCAA had completed its incurred cost audit for fiscal years 2004, 2016, 2019, 2020 and 2021. The DCMA approved the Company’s incurred costs for those fiscal years, with the exception of 2021, which is pending The DCMA also approved the Company’s incurred costs for fiscal years 2005 through 2015, 2017, 2018 and 2022 without further audit based on the determination of low risk. Although the Company has recorded contract revenues subsequent to fiscal year 2020 based upon an estimate of costs that the Company believes will be approved upon final audit or review, the Company does not know the outcome of any ongoing or future audits or reviews and adjustments, and if future adjustments exceed the Company’s estimates, its profitability would be adversely affected. The Company had $ 13.6 million and $ 12.9 million as of June 30, 2023 and March 31, 2023, respectively, in contract-related reserves for its estimate of potential refunds to customers for potential cost adjustments on several multi-year U.S. Government cost reimbursable contracts (see Note 10 — Commitments and Contingencies for more information). Evaluation of transaction price The evaluation of transaction price, including the amounts allocated to performance obligations, may require significant judgments. Due to the nature of the work required to be performed on many of the Company’s performance obligations, the estimation of total revenue, and, where applicable, the cost at completion, is complex, subject to many variables and requires significant judgment. The Company’s contracts may contain award fees, incentive fees, or other provisions, including the potential for significant financing components, that can either increase or decrease the transaction price. These amounts, which are sometimes variable, can be dictated by performance metrics, program milestones or cost targets, the timing of payments, and customer discretion. The Company estimates variable consideration at the amount to which it expects to be entitled. The Company includes estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. The Company’s estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information (historical, current and forecasted) that is reasonably available to the Company. In the event an agreement includes embedded financing components, the Company recognizes interest expense or interest income on the embedded financing components using the effective interest method. This methodology uses an implied interest rate which reflects the incremental borrowing rate which would be expected to be obtained in a separate financing transaction. The Company has elected the practical expedient not to adjust the promised amount of consideration for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less. If a contract is separated into more than one performance obligation, the total transaction price is allocated to each performance obligation in an amount based on the estimated relative standalone selling prices of the promised goods or services underlying each performance obligation. Estimating standalone selling prices may require judgment. When available, the Company utilizes the observable price of a good or service when the Company sells that good or service separately in similar circumstances and to similar customers. If a standalone selling price is not directly observable, the Company estimates the standalone selling price by considering all information (including market conditions, specific factors, and information about the customer or class of customer) that is reasonably available. Transaction price allocated to remaining performance obligations The Company’s remaining performance obligations represent the transaction price of firm contracts and orders for which work has not been performed. The Company includes in its remaining performance obligations only those contracts and orders for which it has accepted purchase orders. Remaining performance obligations associated with the Company’s subscribers for fixed consumer and business broadband services in its satellite services segment exclude month-to-month service contracts in accordance with a practical expedient and are estimated using a portfolio approach in which the Company reviews all relevant promotional activities and calculates the remaining performance obligation using the average service component for the portfolio and the average time remaining under the contract. The Company’s future recurring in-flight connectivity service contracts in its satellite services segment do not have minimum service purchase requirements and therefore are not included in the Company’s remaining performance obligations. As of June 30, 2023, the aggregate amount of the transaction price allocated to remaining performance obligations was $ 3.8 billion, of which the Company expects to recognize almost half over the next 12 months, with the balance recognized thereafter . Disaggregation of revenue The Company operates and manages its business in three reportable segments: satellite services, commercial networks and government systems. Revenue is disaggregated by products and services, customer type, contract type, and geographic area, respectively, as the Company believes this approach best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. The following sets forth disaggregated reported revenue by segment and product and services for the three months ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 127,881 $ 108,491 $ 236,372 Service revenues 398,484 20,714 124,221 543,419 Total revenues $ 398,484 $ 148,595 $ 232,712 $ 779,791 Three Months Ended June 30, 2022 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 93,575 $ 78,920 $ 172,495 Service revenues 312,100 19,209 71,252 402,561 Total revenues $ 312,100 $ 112,784 $ 150,172 $ 575,056 Revenues from the U.S. Government as an individual customer comprised approximately 17 % and 15 % of total revenues for the three months ended June 30, 2023 and 2022, respectively, mainly reported within the government systems segment. Revenues from the Company’s other customers, mainly reported within the commercial networks and satellite services segments, comprised approximately 83 % and 85 % of total revenues for the three months ended June 30, 2023 and 2022, respectively. The Company’s satellite services segment revenues are primarily derived from the Company’s fixed broadband services, in-flight services, maritime and narrowband services (primarily acquired through the Inmarsat Acquisition) and energy services. Revenues in the Company’s commercial networks and government systems segments are primarily derived from three types of contracts: fixed-price, cost-reimbursement and time-and-materials contracts. Fixed-price contracts (which require the Company to provide products and services under a contract at a specified price) comprised approximately 86 % and 84 % of the Company’s total revenues for these segments for the three months ended June 30, 2023 and 2022, respectively. The remainder of the Company’s revenues in these segments for such periods was derived primarily from cost-reimbursement contracts (under which the Company is reimbursed for all actual costs incurred in performing the contract to the extent such costs are within the contract ceiling and allowable under the terms of the contract, plus a fee or profit) and from time-and-materials contracts (under which the Company is reimbursed for the number of labor hours expended at an established hourly rate negotiated in the contract, plus the cost of materials utilized in providing such products or services). Historically, a significant portion of the Company’s revenues in its commercial networks and government systems segments has been derived from customer contracts that include the development of products. The development efforts are conducted in direct response to the customer’s specific requirements and, accordingly, expenditures related to such efforts are included in cost of sales when incurred and the related funding (which includes a profit component) is included in revenues. Revenues for the Company’s funded development from its customer contracts were approximately 15 % and 18 % of its total revenues for the three months ended June 30, 2023 and 2022, respectively. Contract balances Contract balances consist of contract assets and contract liabilities. A contract asset, or with respect to the Company, an unbilled accounts receivable, is recorded when revenue is recognized in advance of the Company’s right to bill and receive consideration, typically resulting from sales under long-term contracts. Unbilled accounts receivable are generally expected to be billed and collected within one year. The unbilled accounts receivable will decrease as provided services or delivered products are billed. The Company receives payments from customers based on a billing schedule established in the Company’s contracts. When consideration is received in advance of the delivery of goods or services, a contract liability, or with respect to the Company, collections in excess of revenues or deferred revenues, is recorded. Reductions in the collections in excess of revenues or deferred revenues will be recorded as the Company satisfies the performance obligations. The following table presents contract assets and liabilities as of June 30, 2023 and March 31, 2023: As of As of (In thousands) Unbilled accounts receivable $ 130,655 $ 104,889 Collections in excess of revenues and deferred revenues 291,749 132,187 Deferred revenues, long-term portion 1,040,119 84,747 Unbilled accounts receivable increased by $ 25.8 million during the three months ended June 30, 2023, primarily driven by revenue recognized in the Company’s satellite services segment in excess of billings. The Inmarsat Acquisition contributed approximately $ 15.0 million of unbilled accounts receivable. Collections in excess of revenues and deferred revenues increased by $ 159.6 million during the three months ended June 30, 2023, primarily driven by advances on goods or services received in excess of revenue recognized mainly in the Company’s satellite services and government systems segments. Based on preliminary estimates, t he Inmarsat Acquisition contributed approximately $ 144.1 million of collections in excess of revenues and deferred revenues. Based on preliminary estimates, the Inmarsat Acquisition contributed approximately $ 860.0 million of deferred revenues (long-term). During the three months ended June 30, 2023 , the Company recognized revenue of $ 53.8 million that was previously included in the Company’s collections in excess of revenues and deferred revenues at March 31, 2023. During the three months ended June 30, 2022 , the Company recognized revenue of $ 75.6 million that was previously included in the Company’s collections in excess of revenues and deferred revenues at March 31, 2022 . Cash equivalents Cash equivalents consist of highly liquid investments with original maturities of three months or less at the date of purchase, with a significant portion held in U.S. government-backed qualified money-market securities. Restricted cash Restricted cash relates to deposits required by certain counterparties as collateral pursuant to outstanding letters of credit. Restricted cash as of June 30, 2023 and March 31, 2023 was $ 34.0 million and $ 30.5 million, respectively. In accordance with the authoritative guidance for the statement of cash flows (ASU 230), the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that total to the amounts shown in the condensed consolidated statements of cash flows. As of As of (In thousands) Cash and cash equivalents $ 1,958,506 $ 1,348,854 Restricted cash 33,964 30,532 Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows $ 1,992,470 $ 1,379,386 Short-term investments Short-term investments comprise deposits held with banks, money market funds, certificate of deposits and other short-term, highly liquid investments with an original maturity of between 91 and 120 days. Property, equipment and satellites Satellites and other property and equipment, including internally developed software, are recorded at cost or, in the case of certain satellites and other property acquired, the fair value at the date of acquisition, net of accumulated depreciation. Capitalized satellite costs consist primarily of the costs of satellite construction and launch, including launch insurance and insurance during the period of in-orbit testing, the net present value of performance incentives expected to be payable to satellite manufacturers (dependent on the continued satisfactory performance of the satellites), costs directly associated with the monitoring and support of satellite construction, and interest costs incurred during the period of satellite construction. The Company also constructs earth stations, network operations systems and other assets to support its satellites, and those construction costs, including interest, are capitalized as incurred. At the time satellites are placed in commercial service, the Company estimates the useful life of its satellites for depreciation purposes based upon an analysis of each satellite’s performance against the original manufacturer’s orbital design life, estimated fuel levels and related consumption rates, as well as historical satellite operating trends. The Company periodically reviews the remaining estimated useful life of its satellites to determine if revisions to estimated useful lives are necessary. Costs incurred for additions to property, equipment and satellites, together with major renewals and betterments, are capitalized and depreciated over the remaining life of the underlying asset. Costs incurred for maintenance, repairs and minor renewals and betterments are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and related accumulated depreciation or amortization are removed from the accounts and any resulting gain or loss is recognized in operations, which for the periods presented, primarily related to losses incurred for unreturned customer premise equipment (CPE). The Company computes depreciation using the straight-line method over the estimated useful lives of the assets ranging from two to 38 years . Leasehold improvements are capitalized and amortized using the straight-line method over the shorter of the lease term or the life of the improvement. Costs related to internally developed software for internal uses are capitalized after the preliminary project stage is complete and are amortized over the estimated useful lives of the assets, which are approximately three to seven years . Capitalized costs for internal-use software are included in property, equipment and satellites, net in the Company’s condensed consolidated balance sheets. Interest expense is capitalized on the carrying value of assets under construction, in accordance with the authoritative guidance for the capitalization of interest (ASC 835-20). With respect to the construction of satellites, gateway and networking equipment and other assets under construction, the Company capitalized $ 56.7 million of interest expense for the three months ended June 30, 2023 , and $ 33.6 million for the three months ended June 30, 2022. The Company's complementary fleet of 22 satellites in space spans the Ka-, L- and S- bands. In addition to Viasat’s legacy satellite fleet, the closing of the Inmarsat Acquisition added: five additional high-bandwidth Ka-band satellites, eight high-availability L-band satellites (three of which are contingency satellites in orbit but not currently in service), an S-band satellite that supports the European Aviation Network (EAN) to provide IFC services to commercial airlines in Europe, and two I-6 class hybrid Ka-/L-band satellites (the I-6 F1 and I-6 F2 satellites), with additional satellites under development. In addition to the Company's satellite fleet, the Company has purchased capacity on and has access to additional regional partner satellites. In addition, the Company owns related earth stations and networking equipment for all of its satellites. The Company procures CPE units leased to customers in order to connect to the Company's satellite network as part of the Company’s satellite services segment, which are reflected in investing activities and property, equipment and satellites, net in the accompanying condensed consolidated financial statements. The Company depreciates the satellites, earth stations and networking equipment, CPE units and related installation costs over their estimated useful lives. The total cost and accumulated depreciation of CPE units included in property, equipment and satellites, net, as of June 30, 2023 were $ 609.2 million and $ 216.0 million, respectively. The total cost and accumulated depreciation of CPE units included in property, equipment and satellites, net, as of March 31, 2023 were $ 395.4 million and $ 213.6 million, respectively. The Company launched the first of its third-generation ViaSat-3 class satellites, ViaSat-3 Americas, into orbit on April 30, 2023 (see Note 13 – Subsequent Event for more information) and is planning to launch two additional third-generation ViaSat-3 class satellites currently under construction. Occasionally, the Company may enter into finance lease arrangements for various machinery, equipment, computer-related equipment, software, furniture, fixtures, or satellites. The Company records amortization of assets leased under finance lease arrangements within depreciation expense. The Company’s finance leases consist primarily of satellite lifetime Ka-band capacity leases and have remaining terms from less than one year to three years . The Company reports assets obtained under finance leases in property, equipment and satellites, net and the current and non-current portions of its finance lease liabilities in current portion of long-term debt and other long-term debt, respectively (see Note 1 — Basis of Presentation – Leases for more information) . Cloud computing arrangements The Company enters into certain cloud-based software hosting arrangements that are accounted for as service contracts. Costs incurred for these arrangements are capitalized for application development activities, if material, and immediately expensed for preliminary project activities and postimplementation activities. The Company amortizes the capitalized development costs straight-line over the fixed, non-cancellable term of the associated hosting arrangement plus any reasonably certain renewal periods. The capitalized costs are included in other current assets within the prepaid expenses and other current assets caption, and other assets (long-term) on the Company's consolidated balance sheets. Leases Lessee accounting In accordance with ASC 842, the Company assesses at contract inception whether the contract is, or contains, a lease. Generally, the Company determines that a lease exists when (1) the contract involves the use of a distinct identified asset, (2) the Company obtain

Composition of Certain Balance

Composition of Certain Balance Sheet Captions	3 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Composition of Certain Balance Sheet Captions	Note 2 — Composition of Certain Balance Sheet Captions As of As of (In thousands) Accounts receivable, net: Billed $ 513,517 $ 327,148 Unbilled 130,655 104,889 Allowance for doubtful accounts ( 13,642 ) ( 12,103 ) $ 630,530 $ 419,934 Inventories: Raw materials $ 111,303 $ 68,655 Work in process 25,820 25,347 Finished goods 198,438 174,561 $ 335,561 $ 268,563 Prepaid expenses and other current assets: Prepaid expenses $ 175,414 $ 115,701 Other 158,228 60,928 $ 333,642 $ 176,629 Property, equipment and satellites, net: Equipment and software (estimated useful life of 3 - 7 years ) $ 3,109,932 $ 1,917,243 CPE leased equipment (estimated useful life of 4 - 7 years ) 609,183 395,427 Furniture and fixtures (estimated useful life of 7 years) 64,035 58,807 Leasehold improvements (estimated useful life of 2 - 17 years ) 180,112 151,827 Buildings (estimated useful life of 12 - 38 years ) 16,425 12,487 Land 29,434 3,873 Construction in progress 1,033,066 685,646 Satellites (estimated useful life of 7 - 17 years ) 2,705,771 1,056,313 Satellite Ka-band capacity obtained under finance leases (estimated useful life of 7 - 11 years ) 175,712 175,712 Satellites under construction 3,689,340 2,252,908 11,613,010 6,710,243 Less: accumulated depreciation and amortization ( 2,450,119 ) ( 2,331,960 ) $ 9,162,891 $ 4,378,283 Other acquired intangible assets, net: Contracts and customer relationships (weighted average useful life of 11 years) 1,068,425 132,563 Orbital slots and spectrum assets (weighted average useful life of 12 years) 1,018,600 8,600 Technology (weighted average useful life of 7 years) $ 258,492 $ 151,327 Trade name (weighted average useful life of 8 years) 117,419 32,253 Other (weighted average useful life of 6 years) 257,568 21,782 2,720,504 346,525 Less: accumulated amortization ( 174,374 ) ( 145,320 ) $ 2,546,130 $ 201,205 Other assets: Deferred income taxes $ 177,014 $ 23,724 Capitalized software costs, net 223,847 222,155 Patents, orbital slots and other licenses, net 76,952 73,932 Other 249,592 146,227 $ 727,405 $ 466,038 Accrued and other liabilities: Collections in excess of revenues and deferred revenues $ 291,749 $ 132,187 Accrued employee compensation 91,482 125,349 Accrued vacation 50,370 45,177 Operating lease liabilities 66,340 50,639 Income taxes payable 192,546 113,905 Other 341,578 179,975 $ 1,034,065 $ 647,232 Other liabilities: Deferred revenues, long-term portion $ 1,040,119 $ 84,747 Deferred income taxes 1,408,701 85,989 Other 363,272 47,806 $ 2,812,092 $ 218,542

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	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 both June 30, 2023 and March 31, 2023 . The Company had no liabilities measured at fair value on a recurring basis as of both June 30, 2023 and March 31, 2023: Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 1,092,609 $ 1,092,609 $ — $ — Short-term investments 134,266 134,266 — — Interest rate cap contracts 78,638 — 78,638 — Total assets measured at fair value on a recurring $ 1,305,513 $ 1,226,875 $ 78,638 $ — Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 757,600 $ 757,600 $ — $ — Total assets measured at fair value on a recurring $ 757,600 $ 757,600 $ — $ — The following section describes the valuation methodologies the Company uses to measure financial instruments at fair value: Cash equivalents — The Company’s cash equivalents consist of money market funds, with a significant portion held in U.S. government backed qualified money market securities. Short-term investments — The Company’s short-term investments consist of deposits held with banks, money market funds, certificate of deposits and other short-term, highly liquid investments with an original maturity of between 91 and 120 days. Interest rate cap contracts — The Company assumed interest rate cap contracts to hedge the variable interest rate under the Inmarsat Term Loan Facility (see Note 1 – The Company and a Summary of Its Significant Accounting Policies – Derivatives for more information). The Company’s interest rate cap contracts are valued using the forward interest rate curve at each reporting date (Level 2). Contingencies — In connection with the acquisition of the remaining 51 % interest in Euro Broadband Infrastructure Sàrl (EBI) on April 30, 2021, part of the purchase price consideration will not be determined until approximately two years after the closing date, when the Company may pay or receive up to € 20.0 million, or approximately $ 21.8 million, in cash. The consideration to be paid in the future is contingent based on certain outcomes as defined in the acquisition agreement. Each reporting period, the Company estimates the fair value of the contingent consideration based on unobservable inputs and probability weightings using standard valuation techniques (Level 3). The fair value amount is currently recorded in other current assets within the prepaid expenses and other current assets caption on the Company's condensed consolidated balance sheets and any change to fair value is recorded in the Company’s condensed consolidated statements of operations each reporting period. As of June 30, 2023 and March 31, 2023, and for the three months ended June 30, 2023 and 2022, the Company’s fair value estimate, and change in fair value of the contingent consideration were immaterial. Long-term debt — The Company’s long-term debt consists of borrowings under the Viasat Credit Facilities and Inmarsat's $2.45 billion senior secured credit facility (the Inmarsat Secured Credit Facility), $700.0 million in aggregate principal amount of 2025 Notes, $600.0 million in aggregate principal amount of 2027 Notes, $400.0 million in aggregate principal amount of 2028 Notes, $2.08 billion in aggregate principal amount of Inmarsat 2026 Notes and finance lease obligations reported at the present value of future minimum lease payments with current accrued interest. Long-term debt related to Viasat's $700.0 million revolving credit facility (the Viasat Revolving Credit Facility) and Inmarsat's $700.0 million revolving line of credit under the Inmarsat Secured Credit Facility (the Inmarsat Revolving Credit Facility) is reported at the outstanding principal amount of borrowings, while long-term debt related to the Term Loan Facility, the Ex-Im Credit Facility, the Inmarsat Term Loan Facility, the 2025 Notes, the 2027 Notes and the 2028 Notes is reported at amortized cost. However, for disclosure purposes, the Company is required to measure the fair value of outstanding debt on a recurring basis. The fair value of the Company’s long-term debt related to the Term Loan Facility, the 2023 Term Loan Facility, the Viasat Revolving Credit Facility and the Inmarsat Secured Credit Facility approximates its carrying amount due to its variable interest rate, which approximates a market interest rate. As of June 30, 2023 and March 31, 2023, the fair value of the Company’s long-term debt related to the Ex-Im Credit Facility was Level 2 and was approximately $ 47.8 million and $ 57.1 million, respectively. As of June 30, 2023 and March 31, 2023, the estimated fair value of the Company’s outstanding long-term debt related to each series of Notes was Level 2 and was $ 676.6 million and $ 661.5 million, respectively, for the 2025 Notes, $ 558.3 million and $ 561.7 million, respectively, for the 2027 Notes, and $ 337.7 million and $ 292.0 million, respectively, for the 2028 Notes. The fair value of the Company’s outstanding long-term debt as of June 30, 2023 related to the Inmarsat 2026 Notes was Level 2 and was $ 2.02 billion. The fair value of the Company’s outstanding long-term debt as of June 30, 2023 related to the Bridge Facility was Level 2 and was approximately $ 619.2 million. Satellite performance incentive obligations — The Company’s contracts with satellite manufacturers require the Company to make monthly in-orbit satellite performance incentive payments with respect to certain satellites in commercial service, including interest, through fiscal year 2028 , subject to the continued satisfactory performance of the applicable satellites. The Company records the net present value of these expected future payments as a liability and as a component of the cost of the satellites. However, for disclosure purposes, the Company is required to measure the fair value of outstanding satellite performance incentive obligations on a recurring basis. The fair value of the Company’s outstanding satellite performance incentive obligations is estimated to approximate their carrying value based on current rates (Level 2). As of June 30, 2023 and March 31, 2023 , the Company’s estimated satellite performance incentive obligations relating to certain satellites in commercial service, including accrued interest, were $ 19.0 million and $ 20.0 million, respectively.

Acquisition

Acquisition	3 Months Ended
	Jun. 30, 2023
Business Combinations [Abstract]
Acquisition	Note 4 — Acquisition On May 30, 2023, the Company completed the acquisition of all outstanding shares of Inmarsat Holdings, a privately held leading provider of global mobile satellite communications services. The Inmarsat Acquisition positions the Company as a leading global communications innovator with enhanced scale and scope to affordably, securely and reliably connect the world. The complementary assets and resources of the combined company position the Company to provide advanced new services in mobile and fixed segments, driving greater customer choice in broadband communications and narrowband services (including the Internet of Things (IoT)). These benefits and additional opportunities were among the factors that contributed to a purchase price resulting in the recognition of preliminary estimated goodwill of $ 956.2 million and $ 478.1 million which was recognized in the Company's satellite services and government systems segments, respectively. The goodwill recognized was not deductible for U.S. and foreign income tax purposes. The consideration transferred of approximately $ 2.7 billion was comprised of $ 2.1 billion of the fair value of approximately 46.36 million unregistered 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 $ 27.4 million and $ 12.7 million of acquisition-related transaction costs during the three months ended June 30, 2023 and 2022, respectively, included in selling, general and administrative expenses. The purchase price allocation is preliminary primarily due to the pending finalization of the Company’s valuation analysis and review of various tax attributes. The Company allocated the purchase price to tangible and intangible assets acquired and liabilities assumed based on the preliminary estimates of their fair values, which is subject to adjustment for up to one year after the close of the acquisition as additional information is obtained. The preliminary purchase price allocation of the acquired assets and assumed liabilities in the Inmarsat Acquisition based on the preliminary estimated fair values as of May 30, 2023 is as follows: (In thousands) Current assets $ 652,396 Property, equipment and satellites 4,589,853 Identifiable intangible assets 2,370,700 Other assets 401,754 Total assets acquired $ 8,014,703 Current liabilities ( 579,874 ) Long-term debt ( 3,519,550 ) Other long-term liabilities ( 2,670,504 ) Total liabilities assumed $ ( 6,769,928 ) Goodwill 1,434,317 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. Estimated amounts assigned to identifiable intangible assets 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 May 30, 2023: Weighted Estimated Fair Value Average Estimated Useful Life (In thousands) (In years) Orbital slots and spectrum assets 1,010,000 12 Customer relationships 935,000 11 Technology 105,000 7 Trade name 85,000 8 Other 235,700 5 Total identifiable intangible assets $ 2,370,700 11 The intangible assets acquired in the Inmarsat Acquisition were determined in accordance with the authoritative guidance for business combinations (ASC 805), based on estimated fair values using valuation techniques consistent with the market approach, income approach and/or cost approach to measure fair value. The condensed consolidated financial statements include the operating results of Inmarsat from the date of acquisition. Since the acquisition date on May 30, 2023, the Company recorded approximately $ 134.1 million in revenue during the three months ended June 30, 2023, and an insignificant amount of net income during the three months ended June 30, 2023, with respect to the Inmarsat business ( primarily in the Company’s satellite services segment, with a portion included in its government systems segment and an insignificant amount included in its commercial networks segment) in the condensed consolidated statements of operations. Unaudited Pro Forma Financial Information The unaudited financial information in the table below summarizes the combined results of operations for the Company and Inmarsat on a pro forma basis, as though the companies had been combined as of the beginning of fiscal year 2023, April 1, 2022. The pro forma information is presented for informational purposes only and may not be indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the related fiscal periods. The pro forma financial information for the three months ended June 30, 2023 and 2022 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 Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Total revenues $ 1,050,226 $ 944,410 Net income (loss) attributable to Viasat, Inc. $ ( 41,962 ) $ ( 222,689 )

Discontinued Operations

Discontinued Operations	3 Months Ended
	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 5 — Discontinued Operations On October 1, 2022, the Company entered into an Asset Purchase Agreement to sell the Link-16 TDL Business in its government systems segment to L3Harris in exchange for approximately $ 1.96 billion in cash, subject to adjustments. In accordance with ASC 205-20, the Company determined that the Link-16 TDL Business met held-for sale and discontinued operations accounting criteria at the end of the second quarter of fiscal year 2023. On January 3, 2023, the Company completed the Link-16 TDL Sale. Therefore, for comparability purposes, the Company recast the previously disclosed first quarter of fiscal year 2023 information and classified the results of the Link-16 TDL Business as discontinued operations in its condensed consolidated statements of operations for the three months ended June 30, 2022. In connection with the closing of the Link-16 TDL Sale on January 3, 2023, the Company and L3Harris entered into certain ancillary commercial agreements, including certain license agreements for the cross-licensing by each party of certain intellectual property rights relating to the Link-16 TDL Business and the Company’s retained businesses, a supply agreement with respect to the supply of certain Link-16 and related products following the closing, and certain services agreements for the provision of engineering and support services for the transition of the Link-16 TDL Business following the closing, in each case subject to the terms and conditions set forth therein. The impact of these agreements on the Company's condensed consolidated financial statements was not significant. The operating results of the discontinued operations only reflect revenues and expenses that are directly attributable to the Link-16 TDL Business that will be eliminated from continuing operations. The following table presents key components of “Net income (loss) from discontinued operations, net of tax” for the three months ended June 30, 2022: Three Months Ended June 30, 2022 (In thousands) Revenues $ 103,167 Operating expenses: Cost of revenues 64,605 Other operating expenses 8,986 Net income (loss) from discontinued operations before income taxes $ 29,576 (Provision for) benefit from income taxes ( 12,051 ) Net income (loss) from discontinued operations, net of tax $ 17,525 The cash flows related to discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows. The following table presents key cash flow and non-cash information related to discontinued operations for the three months ended June 30, 2022: Three Months Ended June 30, 2022 (In thousands) Depreciation $ 2,968 Amortization of intangible assets 462 Capital expenditures 3,289

Shares Used In Computing Dilute

Shares Used In Computing Diluted Net Income (Loss) Per Share	3 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Shares Used In Computing Diluted Net Income (Loss) Per Share	Note 6 — Shares Used In Computing Diluted Net Income (Loss) Per Share The weighted average number of shares used to calculate basic and diluted net loss per share attributable to Viasat, Inc. common stockholders is the same for the three months ended June 30, 2023 and 2022, as the Company incurred a net loss from continuing operations (excluding income (loss) from continuing operations attributable to the noncontrolling interest) for such periods and inclusion of potentially dilutive weighted average shares of common stock would be antidilutive. Potentially dilutive weighted average shares excluded from the calculation for the three months ended June 30, 2023 and 2022 consisted of 209,581 shares and 606,634 shares, respectively, related to stock options (other than TSR performance stock options), 1,714,844 shares and 182,609 shares, respectively, related to TSR performance stock options, 2,056,995 shares and 2,699,956 shares, respectively, related to restricted stock units and 626,271 shares and 716,346 shares, respectively, related to certain terms of the Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan.

Goodwill and Acquired Intangibl

Goodwill and Acquired Intangible Assets	3 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Acquired Intangible Assets	Note 7 — Goodwill and Acquired Intangible Assets During the three months ended June 30, 2023, the increase in the Company’s goodwill primarily related to the Inmarsat Acquisition (see Note 4 — Acquisition — for more information) and foreign currency translation effect recorded within all three of the Company's segments. During the three months ended June 30, 2022, the decrease in the Company’s goodwill primarily related to a foreign currency translation effect recorded within all three 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 $ 27.8 million and $ 7.5 million for the three months ended June 30, 2023 and 2022, respectively. The expected amortization expense of amortizable acquired intangible assets may change due to the effects of foreign currency fluctuations as a result of international businesses acquired. The current and expected amortization expense for acquired intangible assets for each of the following periods is as follows: Amortization (In thousands) For the three months ended June 30, 2023 $ 27,811 Expected for the remainder of fiscal year 2024 $ 204,988 Expected for fiscal year 2025 271,553 Expected for fiscal year 2026 271,401 Expected for fiscal year 2027 271,401 Expected for fiscal year 2028 271,401 Thereafter 1,255,386 $ 2,546,130

Senior Notes and Other Long-Ter

Senior Notes and Other Long-Term Debt	3 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Senior Notes and Other Long-Term Debt	Note 8 — Senior Notes and Other Long-Term Debt Total long-term debt consisted of the following as of June 30, 2023 and March 31, 2023: As of As of (In thousands) 2028 Notes $ 400,000 $ 400,000 2027 Notes 600,000 600,000 2025 Notes 700,000 700,000 Term Loan Facility 693,000 694,750 Bridge Facility 733,400 — 2023 Term Loan Facility 616,700 — Viasat Revolving Credit Facility — — Ex-Im Credit Facility 49,130 58,957 Inmarsat 2026 Notes 2,075,000 — Inmarsat Secured Credit Facility 1,693,125 — Finance lease obligations (see Note 1) 33,479 36,405 Total debt 7,593,834 2,490,112 Unamortized discount and debt issuance costs ( 315,783 ) ( 30,672 ) Less: current portion of long-term debt 59,757 37,939 Total long-term debt $ 7,218,294 $ 2,421,501 Term Loan Facility In March 2022, the Company entered into a $ 700.0 million Term Loan Facility, which was fully drawn at closing and matures on March 4, 2029 . At June 30, 2023, the Company had $ 693.0 million in principal amount of outstanding borrowings under the Term Loan Facility. Borrowings under the Term Loan Facility are required to be repaid in quarterly installments of $ 1.75 million each, which commenced on September 30, 2022 , followed by a final installment of $ 654.5 million at maturity. Borrowings under the Term Loan Facility bear interest, at the Company’s option, at either (1) a base rate equal to the greater of the administrative agent’s prime rate as announced from time to time, the federal funds effective rate plus 0.50%, and the forward-looking term SOFR rate administered by CME for a one-month interest period plus 1.00%, subject to a floor of 1.50% for the initial term loans, plus an applicable margin of 3.50%, or (2) the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50% for the initial term loans, plus an applicable margin of 4.50%. As of June 30, 2023, the effective interest rate on the Company’s outstanding borrowings under the Term Loan Facility was 10.14 % . The Term Loan Facility is required to be guaranteed by certain significant domestic subsidiaries of the Company (as defined in the Term Loan Facility) and secured by substantially all of the Company’s and any such subsidiaries’ assets. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the Term Loan Facility. The Term Loan Facility contains covenants that restrict, among other things, the ability of Company and its restricted subsidiaries to incur additional debt, grant liens, sell assets, make investments, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the Term Loan Facility as of June 30, 2023. Borrowings under the Term Loan Facility are recorded as current portion of long-term debt and as other long-term debt, net of unamortized discount and debt issuance costs, in the Company’s condensed consolidated financial statements. The Term Loan Facility was issued with an original issue discount of 2.00 %, or $ 14.0 million. The original issue discount and deferred financing cost associated with the issuance of the borrowings under the Term Loan Facility are amortized to interest expense on a straight-line basis over the term of the Term Loan Facility, the results of which are not materially different from the effective interest rate basis. 2023 Term Loan Facility In connection with the closing of the Inmarsat Acquisition, on May 30, 2023, the Company entered into a $ 616.7 million 2023 Term Loan Facility, which was fully drawn at closing and matures on May 30, 2030 . At June 30, 2023, the Company had $ 616.7 million in principal amount of outstanding borrowings under the 2023 Term Loan Facility. Borrowings under the 2023 Term Loan Facility are required to be repaid in quarterly installments of $ 1.5 million each, commencing on December 31, 2023 , followed by a final installment of $ 576.6 million at maturity. Borrowings under the 2023 Term Loan Facility bear interest, at the Company's option, at either (1) a base rate equal to the greater of the administrative agent’s prime rate as announced from time to time, the federal funds effective rate plus 0.50%, and the forward-looking term SOFR rate administered by CME for a one-month interest period plus 1.00%, subject to a floor of 1.50% for the initial term loans, plus an applicable margin of 3.50%, or (2) the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50% for the initial term loans, plus an applicable margin of 4.50%, plus a credit spread adjustment ranging from 0.11% to 0.43%. As of June 30, 2023, the effective interest rate on the Company’s outstanding borrowings under the 2023 Term Loan Facility was 10.64 % . The 2023 Term Loan Facility is required to be guaranteed by certain significant domestic subsidiaries of the Company (as defined in the 2023 Term Loan Facility) and secured by substantially all of the Company’s assets and any such subsidiaries' assets. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the 2023 Term Loan Facility. The 2023 Term Loan Facility contains covenants that restrict, among other things, the ability of Company and its restricted subsidiaries to incur additional debt, grant liens, sell assets, make investments, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the 2023 Term Loan Facility as of June 30, 2023. Borrowings under the 2023 Term Loan Facility are recorded as current portion of long-term debt and as other long-term debt, net of unamortized discount and debt issuance costs, in the Company’s condensed consolidated financial statements. The 2023 Term Loan Facility was issued with an original issue discount of 2.50 %, or $ 15.4 million. The original issue discount and deferred financing cost associated with the issuance of the borrowings under the 2023 Term Loan Facility are amortized to interest expense on a straight-line basis over the term of the 2023 Term Loan Facility, the results of which are not materially different from the effective interest rate basis. Bridge Facility In connection with the closing of the Inmarsat Acquisition, on May 30, 2023, the Company entered into a $ 733.4 million unsecured Bridge Facility, which was fully drawn at closing. As of June 30, 2023, the Company had $ 733.4 million in principal amount of outstanding borrowings under the Bridge Facility. The Bridge Facility has an initial maturity date of May 30, 2024 ; provided that, if any of the initial bridge loan remains outstanding as of such date, such initial bridge loan will be automatically converted into a term loan (such term loan, the Extended Term Loan) with a maturity date of May 30, 2031 . The initial bridge loan bears interest at a rate equal to the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50%, plus a credit spread adjustment of 0.26% plus an applicable margin equal to (i) 4.75% from May 30, 2023 to (but excluding) August 30, 2023, (ii) 5.25% from August 30, 2023 to (but excluding) November 30, 2023, (iii) 5.75% from November 30, 2023 to (but excluding) February 29, 2024 and (iv) 6.25% from February 29, 2024 to (but excluding) May 30, 2024. The interest rate for the initial bridge loan is subject to a maximum total rate of 7.50 % per annum. The Extended Term Loan, if applicable, will bear interest at a rate equal to 7.50% per annum. As of June 30, 2023, the effective interest rate on the Company’s outstanding borrowings under the Bridge Facility was 7.83 % . Borrowings under the Bridge Facility are required to be guaranteed by certain significant domestic subsidiaries of Viasat (as defined in the Bridge Facility). As of June 30, 2023, none of the Company’s subsidiaries guaranteed the Bridge Facility. The Bridge Facility contains covenants that restrict, among other things, the ability of the Company and its restricted subsidiaries to incur additional debt, grant liens, sell assets, make investments, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the Bridge Facility as of June 30, 2023. The Bridge Facility was issued at face value and is recorded as long-term debt, net of debt issuance costs, in the Company’s condensed consolidated financial statements. Debt issuance costs associated with the issuance of the Bridge Facility are amortized to interest expense on a straight-line basis over the term of the Bridge Facility, the results of which are not materially different from the effective interest rate basis. Viasat Revolving Credit Facility As of June 30, 2023, the Viasat Revolving Credit Facility provided a $ 700.0 million revolving line of credit (including up to $ 150.0 million of letters of credit), with a maturity date of January 18, 2024 . At June 30, 2023, the Company had no outstanding borrowings under the Viasat Revolving Credit Facility and $ 38.1 million outstanding under standby letters of credit, leaving borrowing availability under the Viasat Revolving Credit Facility as of June 30, 2023 of $ 661.9 million. Borrowings under the Viasat Revolving Credit Facility bear interest, at the Company’s option, at either (1) the highest of the federal funds rate plus 0.50%, the Eurodollar rate plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) the Eurodollar rate, plus, in the case of each of (1) and (2), an applicable margin that is based on the Company’s total leverage ratio. The Company has capitalized certain amounts of interest expense on the Viasat Revolving Credit Facility in connection with the construction of various assets during the construction period. The Viasat Revolving Credit Facility is required to be guaranteed by certain significant domestic subsidiaries of the Company (as defined in the Viasat Revolving Credit Facility) and secured by substantially all of the Company’s and any such subsidiaries’ assets. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the Viasat Revolving Credit Facility. The Viasat Revolving Credit Facility contains financial covenants regarding a maximum total leverage ratio and a minimum interest coverage ratio. In addition, the Viasat Revolving Credit Facility contains covenants that restrict, among other things, the Company’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the Viasat Revolving Credit Facility as of June 30, 2023 . On May 30, 2023, the Company entered into a commitment letter with lenders under the Viasat Revolving Credit Facility holding revolving credit commitments totaling $ 512.5 million in the aggregate to extend the maturity of such revolving credit commitments to a date that is five years from the execution of documentation formalizing the extension (the Revolving Extension Amendment). The Company expects the Revolving Extension Amendment to be consummated prior to August 28, 2023. The Revolving Extension Amendment is subject to customary conditions to closing, and there is no guarantee that the Company will obtain the Revolving Extension Amendment on the expected timeline or at all. Ex-Im Credit Facility The Ex-Im Credit Facility originally provided a $ 362.4 million senior secured direct loan facility, which was fully drawn. Of the $ 362.4 million in principal amount of borrowings made under the Ex-Im Credit Facility, $ 321.2 million was used to finance up to 85 % of the costs of construction, launch and insurance of the ViaSat-2 satellite and related goods and services (including costs incurred on or after September 18, 2012), with the remaining $ 41.2 million used to finance the total exposure fees incurred under the Ex-Im Credit Facility (which included all previously accrued completion exposure fees). As of June 30, 2023, the Company had $ 49.1 million in principal amount of outstanding borrowings under the Ex-Im Credit Facility. Borrowings under the Ex-Im Credit Facility bear interest at a fixed rate of 2.38 %, payable semi-annually in arrears. The effective interest rate on the Company’s outstanding borrowings under the Ex-Im Credit Facility, which takes into account timing and amount of borrowings and payments, exposure fees, debt issuance costs and other fees, is 4.54 %. Borrowings under the Ex-Im Credit Facility are required to be repaid in 16 semi-annual principal installments, which commenced on April 15, 2018 , with a maturity date of October 15, 2025 . The Ex-Im Credit Facility is guaranteed by Viasat and is secured by first-priority liens on the ViaSat-2 satellite and related assets, as well as a pledge of the capital stock of the borrower under the facility. The Ex-Im Credit Facility contains financial covenants regarding Viasat’s maximum total leverage ratio and minimum interest coverage ratio. In addition, the Ex-Im Credit Facility contains covenants that restrict, among other things, the Company’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the Ex-Im Credit Facility as of June 30, 2023. Borrowings under the Ex-Im Credit Facility are recorded as current portion of long-term debt and as other long-term debt, net of unamortized discount and debt issuance costs, in the Company’s condensed consolidated financial statements. The discount of $ 42.3 million (consisting of the initial $ 6.0 million pre-exposure fee, $ 35.3 million of completion exposure fees, and other customary fees) and deferred financing cost associated with the issuance of the borrowings under the Ex-Im Credit Facility are amortized to interest expense on an effective interest rate basis over the weighted average term of the Ex-Im Credit Facility and in accordance with the related payment obligations. Inmarsat Secured Credit Facility As of June 30, 2023, the Inmarsat Secured Credit Facility comprised the $ 1.75 billion Inmarsat Term Loan Facility and the $ 700.0 million Inmarsat Revolving Credit Facility. As of June 30, 2023 , Inmarsat had $ 1.69 billion in principal amount of outstanding borrowings under the Inmarsat Term Loan Facility and the Inmarsat Revolving Credit Facility was undrawn. The maturity date for the Inmarsat Term Loan Facility is December 12, 2026 , and the maturity date for the Inmarsat Revolving Credit Facility is December 12, 2024 . The Inmarsat Term Loan Facility is repayable in quarterly installments of $ 4.4 million, followed by a final installment on the maturity date. Prior to June 30, 2023, borrowings under the Inmarsat Secured Credit Facility bore interest, at Inmarsat’s option, at either (1) the highest of the federal funds rate plus 0.50%, adjusted LIBOR plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) adjusted LIBOR, subject to a floor of 1.00% per annum, plus, in each case an applicable margin. As of June 30, 2023, the weighted average effective interest rate on the Company's outstanding borrowings under the Inmarsat Term Loan Facility was approximately 7.03%. Effective June 30, 2023, the reference rates under the Inmarsat Secured Credit Facility were transitioned from LIBOR to SOFR. Following the transition, borrowings under the Inmarsat Secured Credit Facility now bear interest, at Inmarsat's option, at either (1) the highest of (x) the greater of the federal funds rate or the overnight banking fund rate for such day plus 0.50%, (y) the forward-looking one-month term SOFR rate plus 3.50% or (z) the administrative agent's prime rate as announced from time to time, or (2) the forward-looking term SOFR rate for the applicable interest period, subject to a floor of 1.00% per annum for the Inmarsat Term Loan Facility, plus, in each case an applicable margin. The applicable margin for the term loan is 2.50% per annum for base rate loans and 3.50% per annum for SOFR loans. The applicable margin for borrowings under the Inmarsat Revolving Credit Facility is based on Inmarsat’s senior secured first lien net leverage ratio. The Inmarsat Secured Credit Facility is required to be guaranteed by certain material Inmarsat subsidiaries and secured by substantially all of the assets of the Inmarsat borrowers and subsidiary guarantors. The Inmarsat Secured Credit Facility contains covenants that restrict, among other things, Inmarsat’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. In addition, a financial covenant regarding Inmarsat’s senior secured first lien leverage ratio applies in the event borrowings under the Inmarsat Revolving Credit Facility exceed the greater of $ 280.0 million and 40 % of the revolving credit commitment thereunder. The borrowers under the Inmarsat Secured Credit Facility were in compliance with the financial covenants under the Inmarsat Secured Credit Facility as of June 30, 2023 . Borrowings under the Inmarsat Term Loan Facility are recorded as current portion of long-term debt and as other long-term debt, net of unamortized discount and debt issuance costs, in the Company’s condensed consolidated financial statements. The deferred financing cost associated with the incurrence of the borrowings under the Inmarsat Term Loan Facility are amortized to interest expense on a straight-line basis over the term of the facility, the results of which are not materially different from the effective interest rate basis. Senior Notes Senior Notes due 2028 In June 2020, the Company issued $ 400.0 million in principal amount of 2028 Notes in a private placement to institutional buyers. The 2028 Notes were issued at face value and are recorded as long-term debt, net of debt issuance costs, in the Company’s condensed consolidated financial statements. The 2028 Notes bear interest at the rate of 6.500 % per year, payable semi-annually in cash in arrears, which interest payments commenced in January 2021. Debt issuance costs associated with the issuance of the 2028 Notes are amortized to interest expense on a straight-line basis over the term of the 2028 Notes, the results of which are not materially different from the effective interest rate basis. The 2028 Notes are required to be guaranteed on an unsecured senior basis by each of the Company’s existing and future subsidiaries that guarantees the Viasat Revolving Credit Facility. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the 2028 Notes. The 2028 Notes are the Company’s general senior unsecured obligations and rank equally in right of payment with all of the Company’s existing and future unsecured unsubordinated debt. The 2028 Notes are effectively junior in right of payment to the Company’s existing and future secured debt, including under the Credit Facilities and the 2027 Notes (to the extent of the value of the assets securing such debt), are structurally subordinated to all existing and future liabilities (including trade payables) of the Company’s subsidiaries that do not guarantee the 2028 Notes, and are senior in right of payment to all of the Company’s existing and future subordinated indebtedness. The indenture governing the 2028 Notes limits, among other things, the Company’s and its restricted subsidiaries’ ability to: incur, assume or guarantee additional debt; issue redeemable stock and preferred stock; pay dividends, make distributions or redeem or repurchase capital stock; prepay, redeem or repurchase subordinated debt; make loans and investments; grant or incur liens; restrict dividends, loans or asset transfers from restricted subsidiaries; sell or otherwise dispose of assets; enter into transactions with affiliates; reduce the Company’s satellite insurance; and consolidate or merge with, or sell substantially all of their assets to, another person. The 2028 Notes may be redeemed, in whole or in part, at any time during the 12 months beginning on July 15, 2023 at a redemption price of 103.250 % , during the 12 months beginning on July 15, 2024 at a redemption price of 101.625 % , and at any time on or after July 15, 2025 at a redemption price of 100 %, in each case plus accrued and unpaid interest, if any, thereon to the redemption date. In the event a change of control triggering event occurs (as defined in the indenture governing the 2028 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2028 Notes at a purchase price in cash equal to 101 % of the aggregate principal amount of the 2028 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date). Senior Secured Notes due 2027 In March 2019, the Company issued $ 600.0 million in principal amount of 2027 Notes in a private placement to institutional buyers. The 2027 Notes were issued at face value and are recorded as long-term debt, net of debt issuance costs, in the Company’s condensed consolidated financial statements. The 2027 Notes bear interest at the rate of 5.625 % per year, payable semi-annually in cash in arrears, which interest payments commenced in October 2019. Debt issuance costs associated with the issuance of the 2027 Notes are amortized to interest expense on a straight-line basis over the term of the 2027 Notes, the results of which are not materially different from the effective interest rate basis. The 2027 Notes are required to be guaranteed on a senior secured basis by each of the Company’s existing and future subsidiaries that guarantees the Viasat Revolving Credit Facility. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the 2027 Notes. The 2027 Notes are secured, equally and ratably with the Term Loan Facility, the 2023 Term Loan Facility, the Viasat Revolving Credit Facility and any future parity lien debt, by liens on substantially all of the Company’s and such subsidiaries' assets. The 2027 Notes are the Company’s general senior secured obligations and rank equally in right of payment with all of its existing and future unsubordinated debt. The 2027 Notes are effectively senior to all of the Company’s existing and future unsecured debt (including the 2025 Notes and the 2028 Notes) as well as to all of any permitted junior lien debt that may be incurred in the future, in each case to the extent of the value of the assets securing the 2027 Notes. The 2027 Notes are effectively subordinated to any obligations that are secured by liens on assets that do not constitute a part of the collateral securing the 2027 Notes (such as the Inmarsat 2026 Notes), are structurally subordinated to all existing and future liabilities (including trade payables) of the Company’s subsidiaries that do not guarantee the 2027 Notes, and are senior in right of payment to all of the Company’s existing and future subordinated indebtedness. The indenture governing the 2027 Notes limits, among other things, the Company’s and its restricted subsidiaries’ ability to: incur, assume or guarantee additional debt; issue redeemable stock and preferred stock; pay dividends, make distributions or redeem or repurchase capital stock; prepay, redeem or repurchase subordinated debt; make loans and investments; grant or incur liens; restrict dividends, loans or asset transfers from restricted subsidiaries; sell or otherwise dispose of assets; enter into transactions with affiliates; reduce the Company’s satellite insurance; and consolidate or merge with, or sell substantially all of their assets to, another person. The 2027 Notes may be redeemed, in whole or in part, at any time during the 12 months beginning on April 15, 2023 at a redemption price of 101.406 % and at any time on or after April 15, 2024 at a redemption price of 100 %, in each case plus accrued and unpaid interest, if any, thereon to the redemption date. In the event a change of control triggering event occurs (as defined in the indenture governing the 2027 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2027 Notes at a purchase price in cash equal to 101 % of the aggregate principal amount of the 2027 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date). Senior Notes due 2025 In September 2017, the Company issued $ 700.0 million in principal amount of 2025 Notes in a private placement to institutional buyers. The 2025 Notes were issued at face value and are recorded as long-term debt, net of debt issuance costs, in the Company’s condensed consolidated financial statements. The 2025 Notes bear interest at the rate of 5.625 % per year, payable semi-annually in cash in arrears, which interest payments commenced in March 2018. Debt issuance costs associated with the issuance of the 2025 Notes are amortized to interest expense on a straight-line basis over the term of the 2025 Notes, the results of which are not materially different from the effective interest rate basis. The 2025 Notes are required to be guaranteed on an unsecured senior basis by each of the Company’s existing and future subsidiaries that guarantees the Viasat Revolving Credit Facility. As of June 30, 2023, none of the Company’s subsidiaries guaranteed the 2025 Notes. The 2025 Notes are the Company’s general senior unsecured obligations and rank equally in right of payment with all of the Company’s existing and future unsecured unsubordinated debt. The 2025 Notes are effectively junior in right of payment to the Company’s existing and future secured debt, including under the Credit Facilities and the 2027 Notes (to the extent of the value of the assets securing such debt), are structurally subordinated to all existing and future liabilities (including trade payables) of the Company’s subsidiaries that do not guarantee the 2025 Notes, and are senior in right of payment to all of the Company’s existing and future subordinated indebtedness. The indenture governing the 2025 Notes limits, among other things, the Company’s and its restricted subsidiaries’ ability to: incur, assume or guarantee additional debt; issue redeemable stock and preferred stock; pay dividends, make distributions or redeem or repurchase capital stock; prepay, redeem or repurchase subordinated debt; make loans and investments; grant or incur liens; restrict dividends, loans or asset transfers from restricted subsidiaries; sell or otherwise dispose of assets; enter into transactions with affiliates; reduce the Company’s satellite insurance; and consolidate or merge with, or sell substantially all of their assets to, another person. The 2025 Notes may be redeemed, in whole or in part, at any time at a redemption price of 100 % , plus accrued and unpaid interest, if any, thereon to the redemption date. In the event a change of control triggering event occurs (as defined in the indenture governing the 2025 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2025 Notes at a purchase price in cash equal to 101 % of the aggregate principal amount of the 2025 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date). Inmarsat Senior Secured Notes due 2026 In October 2019, certain subsidiaries of Inmarsat Holdings issued $ 2.08 billion in principal amount of Inmarsat 2026 Notes in a private placement to institutional buyers. The Inmarsat 2026 Notes bear interest at the rate of 6.750 % per year, payable semi-annually in cash in arrears. Debt issuance costs associated with the issuance of the Inmarsat 2026 Notes are amortized to interest expense on a straight-line basis over the term of the Inmarsat 2026 Notes, the results of which are not materially different from the effective interest rate basis. The Inmarsat 2026 Notes are secured by pari passu first priority liens on the collateral securing the Inmarsat Secured Credit Facility, and are required to be guaranteed on a senior secured basis by restricted subsidiaries of Inmarsat Holdings that guarantee or are borrowers under Inmarsat’s senior secured indebtedness, subject to exceptions. As of June 30, 2023, all of the subsidiaries of Inmarsat Holdings that were then guarantors or borrowers under the Inmarsat Secured Credit Facility guaranteed the Inmarsat 2026 Notes. The indenture governing the Inmarsat 2026 Notes limits, among other things, the ability of the issuers and their restricted subsidiaries to: incur, assume or guarantee additional debt; issue redeemable stock and preferred stock; pay dividends, make distributions or redeem or repurchase capital stock; prepay, redeem or repurchase subordinated debt; make loans and investments; grant or incur liens; restrict dividends, loans or asset transfers from restricted subsidiaries; sell or otherwise dispose of assets; enter into transactions with affiliates; and consolidate or merge with, or sell substantially all of their assets to, another person. The Inmarsat 2026 Notes may be redeemed, in whole or in part, at any time during the 12 months beginning on October 1, 2022 at a redemption price of 103.375 % , during the 12 months beginning on October 1, 2023 at a redemption price of 101.688 % , and at any time on or after October 1, 2024 at a redemption price of 100 %, in each case, plus accrued and unpaid interest, if any, thereon to the redemption date. In the event a change of control occurs (as defined in the indenture governing the Inmarsat 2026 Notes), each holder will have the right to require Inmarsat to repurchase all or any part of such holder’s Inmarsat 2026 Notes at a purchase price in cash equal to 101 % of the aggregate principal amount of the Inmarsat 2026 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date). The consummation of the Inmarsat Acquisition did not give rise to a “change of control” under the indenture governing the Inmarsat 2026 Notes.

Related-Party Transactions

Related-Party Transactions	3 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related-Party Transactions	Note 9 — Related-Party Transactions In the normal course of business, the Company engages in transactions with its equity method investments (Navarino UK and JSAT Mobile), which are considered related-party transactions. The Company recognized revenue and received cash from Navarino UK and JSAT Mobile for the three months ended June 30, 2023 of $ 6.1 million and $ 5.9 million, respectively. Accounts receivable from Navarino UK and JSAT Mobile as of June 30, 2023 was $ 12.4 million.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 — Commitments and Contingencies From time to time, the Company enters into satellite construction agreements as well as various other satellite-related purchase commitments, including with respect to the provision of launch services, operation of its satellites and satellite insurance. See Note 13 – Commitments to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2023 for information regarding the Company’s future minimum payments under its satellite construction contracts and other satellite-related purchase commitments. Periodically, the Company is involved in a variety of claims, suits, investigations and proceedings arising in the ordinary course of business, including government investigations and claims, and other claims and proceedings with respect to intellectual property, breach of contract, labor and employment, tax and other matters. Such matters could result in fines; penalties, compensatory, treble or other damages; or non-monetary relief. A violation of government contract laws and regulations could also result in the termination of its government contracts or debarment from bidding on future government contracts. Although claims, suits, investigations and proceedings are inherently uncertain and their results cannot be predicted with certainty, the Company believes that the resolution of its current pending matters will not have a material adverse effect on its business, financial condition, results of operations or liquidity. The Company has contracts with various U.S. Government agencies. Accordingly, the Company is routinely subject to audit and review by the DCMA, the DCAA and other U.S. Government agencies of its performance on government contracts, indirect rates and pricing practices, accounting and management internal control business systems, and compliance with applicable contracting and procurement laws, regulations and standards. An adverse outcome to a review or audit or other failure to comply with applicable contracting and procurement laws, regulations and standards could result in material civil and criminal penalties and administrative sanctions being imposed on the Company, which may include termination of contracts, forfeiture of profits, triggering of price reduction clauses, suspension of payments, significant customer refunds, fines and suspension, or a prohibition on doing business with U.S. Government agencies. In addition, if the Company fails to obtain an “adequate” determination of its various accounting and management internal control business systems from applicable U.S. Government agencies or if allegations of impropriety are made against it, the Company could suffer serious harm to its business or its reputation, including its ability to bid on new contracts or receive contract renewals and its competitive position in the bidding process. As of June 30, 2023 , the DCAA had completed its incurred cost audit for fiscal years 2004, 2016, 2019, 2020 and 2021. The DCMA approved the Company’s incurred costs for those fiscal years with the exception of 2021, which is pending. The DCMA also approved the Company’s incurred costs for fiscal years 2005 through 2015, 2017, 2018 and 2022 without further audit based on the determination of low risk. Although the Company has recorded contract revenues subsequent to fiscal year 2020 based upon an estimate of costs that the Company believes will be approved upon final audit or review, the Company does not know the outcome of any ongoing or future audits or reviews and adjustments, and if future adjustments exceed the Company’s estimates, its profitability would be adversely affected. The Company had $ 13.6 million and $ 12.9 million as of June 30, 2023 and March 31, 2023, respectively, in contract-related reserves for its estimate of potential refunds to customers for potential cost adjustments on several multi-year U.S. Government cost reimbursable contracts. This reserve is classified as either an element of accrued liabilities or as a reduction of unbilled accounts receivable based on the status of the related contracts. On July 8, 2022, Cisco Systems, Inc. (Cisco), which previously acquired Acacia Communications, Inc. (Acacia), paid the Company approximately $ 62.2 million. The payment fully satisfied the July 2019 judgment previously entered against Acacia related to Acacia's breach of contract and misuse of the Company's soft decision forward error correction technology. On May 8, 2023, Cisco paid the Company an additional approximately $ 97.5 million pursuant to a judgment entered against Acacia on May 4, 2023. The 2023 judgment obligates Acacia to make contractual royalty payments to the Company based on the quarterly sales of certain of its products. Like the prior July 2019 judgment, the May 2023 judgment was entered against Acacia due to its breach of contract and continued use of the Company’s soft decision forward error correction technology. Acacia appealed the May 2023 judgment, and the ultimate resolution of the matter is currently unknown. Therefore, the Company recorded the $ 97.5 million of cash receipt in other liabilities, long-term as of June 30, 2023.

Income Taxes

Income Taxes	3 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 11 — Income Taxes For the three months ended June 30, 2023, the Company recorded an income tax benefit of an insignificant amount, resulting in an effective tax rate of 1 % . The effective tax rate for the period differed from the U.S. statutory rate primarily due to the benefit of federal R&D tax credits offset by expense for non-deductible transaction costs related to the Inmarsat Acquisition. For the three months ended June 30, 2022, the Company recorded an income tax benefit of $ 22.8 million, resulting in an effective tax rate of 37 % . The effective tax rate for the period differed from the U.S. statutory rate primarily due to the benefit of federal R&D tax credits. Future realization of existing deferred tax assets ultimately depends on future profitability and the existence of sufficient taxable income of appropriate character (for example, ordinary income versus capital gains) within the carryforward period available under tax law. In the event that the Company’s estimate of taxable income is less than that required to utilize the full amount of any deferred tax asset, a valuation allowance is established, which would cause a decrease to income in the period such determination is made. For the three months ended June 30, 2023 , the Company’s gross unrecognized tax benefits increased by $ 73.3 million and interest and penalties increased by $ 21.1 million. Of the total increases, the gross unrecognized tax benefits of $ 65.0 million and interest and penalties of $ 21.5 million were recorded through goodwill as part of the purchase accounting for the Inmarsat Acquisition. Of the total $ 73.3 million gross unrecognized tax benefits increase for the quarter, $ 16.3 million would reduce the Company's annual effective tax rate if recognized. Along with the other acquired tax attributes and positions, the unrecognized tax benefits are subject to adjustments during the measurement period, which may be up to one year from the acquisition date. Any material adjustments based upon new information identified during the measurement period will be recorded as adjustments to goodwill.

Segment Information

Segment Information	3 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Information	Note 12 — Segment Information The Company’s reportable segments (satellite services, commercial networks and government systems) are primarily distinguished by the type of customer and the related contractual requirements. The Company’s satellite services segment provides satellite-based broadband and related services to residential customers, Prepaid Internet users, enterprises, commercial airlines and other aircraft, maritime vessels (acquired through the Inmarsat Acquisition) and other mobile broadband customers. The Company’s commercial networks segment develops and offers advanced satellite and wireless broadband platforms, ground networking equipment, radio frequency and advanced microwave solutions, Application-Specific Integrated Circuit (ASIC) chip design, satellite payload development and space-to-earth connectivity systems, some of which are ultimately used by the Company’s satellite services segment. The Company’s government systems segment provides global mobile broadband services and narrowband products and services (acquired through the Inmarsat Acquisition) to military and government users and develops and offers network-centric, internet protocol-based fixed and mobile secure communications products and solutions. The more regulated government environment is subject to unique contractual requirements and possesses economic characteristics which differ from the satellite services and commercial networks segments. The Company’s segments are determined consistent with the way management currently organizes and evaluates financial information internally for making operating decisions and assessing performance. As described in Note 1 — Basis of Presentation and Note 5 — Discontinued Operations, on October 1, 2022, the Company entered into an Asset Purchase Agreement to sell certain assets and assign certain liabilities comprising the Link-16 TDL Business to L3Harris. In accordance with ASC 205-20, the Company determined that the Link-16 TDL Business met held-for-sale and discontinued operations accounting criteria at the end of the second quarter of fiscal year 2023. Accordingly, the segment information for the periods prior to the measurement date of a discontinued operation that is part of a reportable segment is required to be restated to reflect the discontinued operation classification. However, the discontinued operations have been excluded from segment results for all periods presented. Further, as the discontinued operation is part of a reportable segment but not the entire reportable segment, the costs previously allocated to a discontinued operation have been reasonably reallocated to the remaining operating segments. Therefore, certain corporate and other indirect costs previously allocated to the Link-16 TDL Business have been allocated across all three segments for the periods presented. On January 3, 2023, the Company completed the Link-16 TDL Sale. See Note 5 — Discontinued Operations for additional information. Segment revenues and operating profits (losses) for the three months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Revenues: Satellite services Product $ — $ — Service 398,484 312,100 Total 398,484 312,100 Commercial networks Product 127,881 93,575 Service 20,714 19,209 Total 148,595 112,784 Government systems Product 108,491 78,920 Service 124,221 71,252 Total 232,712 150,172 Elimination of intersegment revenues — — Total revenues $ 779,791 $ 575,056 Operating profits (losses): Satellite services $ 11,438 $ 1,345 Commercial networks ( 46,712 ) ( 49,380 ) Government systems 21,569 ( 1,080 ) Elimination of intersegment operating — — Segment operating profit (loss) before corporate ( 13,705 ) ( 49,115 ) Corporate — — Amortization of acquired intangible ( 27,811 ) ( 7,523 ) Income (loss) from operations $ ( 41,516 ) $ ( 56,638 ) Assets identifiable to segments include: accounts receivable, unbilled accounts receivable, inventory, acquired intangible assets and goodwill. The Company’s property and equipment, including its satellites, earth stations and other networking equipment, are assigned to corporate assets as they are available for use by the various segments throughout their estimated useful lives. Segment assets as of June 30, 2023 and March 31, 2023 were as follows: As of As of (In thousands) Segment assets: Satellite services $ 3,629,690 $ 424,881 Commercial networks 360,191 328,828 Government systems 1,115,744 293,780 Total segment assets 5,105,625 1,047,489 Corporate assets 12,791,981 6,682,848 Total assets $ 17,897,606 $ 7,730,337 Other acquired intangible assets, net and goodwill included in segment assets as of June 30, 2023 and March 31, 2023 were as follows: Other Acquired Intangible Goodwill As of As of As of As of (In thousands) Satellite services $ 2,298,775 $ 200,097 $ 1,035,692 $ 80,589 Commercial networks — — 41,061 41,014 Government systems 247,355 1,108 515,304 36,939 Total $ 2,546,130 $ 201,205 $ 1,592,057 $ 158,542 Amortization of acquired intangible assets by segment for the three months ended June 30, 2023 and 2022 was as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Satellite services $ 21,651 $ 7,228 Commercial networks — — Government systems 6,160 295 Total amortization of acquired $ 27,811 $ 7,523 Revenues by geographic area for the three months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) U.S. customers $ 593,162 $ 483,546 Non-U.S. customers (each country individually insignificant) 186,629 91,510 Total revenues $ 779,791 $ 575,056 The Company distinguishes revenues from external customers by geographic area based on customer location.

Subsequent Event

Subsequent Event	3 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Event	Note 13 — Subsequent Event The Company launched the first of its third-generation ViaSat-3 class satellites, ViaSat-3 Americas, into orbit on April 30, 2023. On July 12, 2023, the Company reported a reflector deployment issue that may materially impact the performance of the ViaSat-3 Americas satellite. The Company and the reflector provider are conducting a rigorous review of the development and deployment of the affected reflector to determine its impact and potential remedial measures. As the review by the Company and the reflector provider of the development and deployment of the affected reflector is ongoing as of the date hereof, the Company is not able to assess the impairment value for the ViaSat-3 Americas satellite. The ViaSat-3 Americas satellite is insured for approximately $ 420 million, which is nearly half of the net book value of the ViaSat-3 Americas satellite, including capitalized interest.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Principles of consolidation	The Company’s condensed consolidated financial statements include the assets, liabilities and results of operations of Viasat, its wholly owned subsidiaries and its majority-owned subsidiary, TrellisWare Technologies, Inc. All significant intercompany amounts have been eliminated. Investments in entities in which the Company can exercise significant influence, but does not own a majority equity interest or otherwise control, are accounted for using the equity method and are included as investment in unconsolidated affiliate in other assets (long-term) on the condensed consolidated balance sheets. On May 30, 2023, the Company purchased all of the issued and outstanding shares of Connect Topco Limited, a private company limited by shares and incorporated in Guernsey (Inmarsat Holdings and, together with its subsidiaries, Inmarsat) in exchange for approximately $ 550.7 million in cash and 46.36 million unregistered shares of the Company’s common stock (the Inmarsat Acquisition). In connection with the closing of the Inmarsat Acquisition, the Company entered into a $616.7 million senior secured term loan facility (the 2023 Term Loan Facility) and a $733.4 million unsecured bridge loan facility (the Bridge Facility), which were fully drawn at closing. See Note 4 – Acquisition and Note 8 – Senior Notes and Other Long-Term Debt for more information. The Inmarsat Acquisition was accounted for as a purchase and accordingly, the condensed consolidated financial statements include the operating results of Inmarsat from the date of acquisition. In connection with the closing of the Inmarsat Acquisition, the Company's certificate of incorporation was amended to increase the number of shares of common stock authorized for issuance from 100,000,000 to 200,000,000 as previously approved by the Company's stockholders at a special meeting held on June 21, 2022. On January 3, 2023, the Company completed the sale of certain assets and liabilities comprising the Company's Link-16 Tactical Data Links business (the Link-16 TDL Business), part of the Company's government systems segment, to L3Harris Technologies, Inc. (L3Harris) in exchange for approximately $ 1.96 billion in cash, subject to adjustments (the Link-16 TDL Sale). In accordance with the authoritative guidance for discontinued operations (Accounting Standards Codification (ASC) 205-20), the Company determined that the Link-16 TDL Business met held-for-sale and discontinued operations accounting criteria at the end of the second quarter of fiscal year 2023 . Therefore, for comparability purposes, the Company recast the previously disclosed first quarter of fiscal year 2023 information and classified the results of the Link-16 TDL Business as discontinued operations in its condensed consolidated statements of operations for the three months ended June 30, 2022. The cash flows related to discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows for the three months ended June 30, 2022 . Unless otherwise noted, discussion within the notes to the condensed consolidated financial statements relates to continuing operations only and excludes the Link-16 TDL Business. See Note 5 — Discontinued Operations for additional information.
Management estimates and assumptions	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Estimates have been prepared on the basis of the most current and best available information and actual results could differ from those estimates. Significant estimates made by management include revenue recognition, stock-based compensation, allowance for doubtful accounts, valuation of goodwill and other intangible assets, patents, orbital slots and other licenses, software development, property, equipment and satellites, long-lived assets, derivatives, contingencies and income taxes including the valuation allowance on deferred tax assets.
Revenue recognition	Revenue recognition In accordance with the authoritative guidance for revenue from contracts with customers (ASC 606), the Company applies the five-step model to its contracts with its customers. Under this model the Company (1) identifies the contract with the customer, (2) identifies its performance obligations in the contract, (3) determines the transaction price for the contract, (4) allocates the transaction price to its performance obligations and (5) recognizes revenue when or as it satisfies its performance obligations. These performance obligations generally include the purchase of services (including broadband capacity and the leasing of broadband equipment), the purchase of products, and the development and delivery of complex equipment built to customer specifications under long-term contracts. Performance obligations The timing of satisfaction of performance obligations may require judgment. The Company derives a substantial portion of its revenues from contracts with customers for services, primarily consisting of connectivity services. These contracts typically require advance or recurring monthly payments by the customer. The Company’s obligation to provide connectivity services is satisfied over time as the customer simultaneously receives and consumes the benefits provided. The measure of progress over time is based upon either a period of time (e.g., over the estimated contractual term) or usage (e.g., bandwidth used/bytes of data processed). The Company evaluates whether broadband equipment provided to its customers as part of the delivery of connectivity services represents a lease in accordance with the authoritative guidance for leases (ASC 842). As discussed further below under “Leases - Lessor accounting”, for broadband equipment leased to customers in conjunction with the delivery of connectivity services, the Company accounts for the lease and non-lease components of connectivity service arrangements as a single performance obligation as the connectivity services represent the predominant component. The Company also derives a portion of its revenues from contracts with customers to provide products. Performance obligations to provide products are satisfied at the point in time when control is transferred to the customer. These contracts typically require payment by the customer upon passage of control and determining the point at which control is transferred may require judgment. To identify the point at which control is transferred to the customer, the Company considers indicators that include, but are not limited to, whether (1) the Company has the present right to payment for the asset, (2) the customer has legal title to the asset, (3) physical possession of the asset has been transferred to the customer, (4) the customer has the significant risks and rewards of ownership of the asset, and (5) the customer has accepted the asset. For product revenues, control generally passes to the customer upon delivery of goods to the customer. The Company’s contracts with the U.S. Government typically are subject to the Federal Acquisition Regulation (FAR) and are priced based on estimated or actual costs of producing goods or providing services. The FAR provides guidance on the types of costs that are allowable in establishing prices for goods and services provided under U.S. Government contracts. The pricing for non-U.S. Government contracts is based on the specific negotiations with each customer. Under the typical payment terms of the Company’s U.S. Government fixed-price contracts, the customer pays the Company either performance-based payments (PBPs) or progress payments. PBPs are interim payments based on quantifiable measures of performance or on the achievement of specified events or milestones. Progress payments are interim payments based on a percentage of the costs incurred as the work progresses. Because the customer can often retain a portion of the contract price until completion of the contract, the Company’s U.S. Government fixed-price contracts generally result in revenue recognized in excess of billings which the Company presents as unbilled accounts receivable on the balance sheet. Amounts billed and due from the Company’s customers are classified as receivables on the balance sheet. The portion of the payments retained by the customer until final contract settlement is not considered a significant financing component because the intent is to protect the customer. For the Company’s U.S. Government cost-type contracts, the customer generally pays the Company for its actual costs incurred within a short period of time. For non-U.S. Government contracts, the Company typically receives interim payments as work progresses, although for some contracts, the Company may be entitled to receive an advance payment. The Company recognizes a liability for these advance payments in excess of revenue recognized and presents it as collections in excess of revenues and deferred revenues on the balance sheet. An advance payment is not typically considered a significant financing component because it is used to meet working capital demands that can be higher in the early stages of a contract and to protect the Company from the other party failing to adequately complete some or all of its obligations under the contract. Performance obligations related to developing and delivering complex equipment built to customer specifications under long-term contracts are recognized over time as these performance obligations do not create assets with an alternative use to the Company and the Company has an enforceable right to payment for performance to date. To measure the transfer of control, revenue is recognized based on the extent of progress towards completion of the performance obligation. The selection of the method to measure progress towards completion requires judgment and is based on the nature of the products or services to be provided. The Company generally uses the cost-to-cost measure of progress for its contracts because that best depicts the transfer of control to the customer which occurs as the Company incurs costs on its contracts. Under the cost-to-cost measure of progress, the extent of progress towards completion is measured based on the ratio of costs incurred to date to the total estimated costs at completion of the performance obligation. Estimating the total costs at completion of a performance obligation requires management to make estimates related to items such as subcontractor performance, material costs and availability, labor costs and productivity and the costs of overhead. When estimates of total costs to be incurred on a contract exceed total estimates of revenue to be earned, a provision for the entire loss on the contract is recognized in the period the loss is determined. Contract costs on U.S. Government contracts are subject to audit and review by the Defense Contracting Management Agency (DCMA), the Defense Contract Audit Agency (DCAA), and other U.S. Government agencies, as well as negotiations with U.S. Government representatives. As of June 30, 2023 , the DCAA had completed its incurred cost audit for fiscal years 2004, 2016, 2019, 2020 and 2021. The DCMA approved the Company’s incurred costs for those fiscal years, with the exception of 2021, which is pending The DCMA also approved the Company’s incurred costs for fiscal years 2005 through 2015, 2017, 2018 and 2022 without further audit based on the determination of low risk. Although the Company has recorded contract revenues subsequent to fiscal year 2020 based upon an estimate of costs that the Company believes will be approved upon final audit or review, the Company does not know the outcome of any ongoing or future audits or reviews and adjustments, and if future adjustments exceed the Company’s estimates, its profitability would be adversely affected. The Company had $ 13.6 million and $ 12.9 million as of June 30, 2023 and March 31, 2023, respectively, in contract-related reserves for its estimate of potential refunds to customers for potential cost adjustments on several multi-year U.S. Government cost reimbursable contracts (see Note 10 — Commitments and Contingencies for more information). Evaluation of transaction price The evaluation of transaction price, including the amounts allocated to performance obligations, may require significant judgments. Due to the nature of the work required to be performed on many of the Company’s performance obligations, the estimation of total revenue, and, where applicable, the cost at completion, is complex, subject to many variables and requires significant judgment. The Company’s contracts may contain award fees, incentive fees, or other provisions, including the potential for significant financing components, that can either increase or decrease the transaction price. These amounts, which are sometimes variable, can be dictated by performance metrics, program milestones or cost targets, the timing of payments, and customer discretion. The Company estimates variable consideration at the amount to which it expects to be entitled. The Company includes estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. The Company’s estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information (historical, current and forecasted) that is reasonably available to the Company. In the event an agreement includes embedded financing components, the Company recognizes interest expense or interest income on the embedded financing components using the effective interest method. This methodology uses an implied interest rate which reflects the incremental borrowing rate which would be expected to be obtained in a separate financing transaction. The Company has elected the practical expedient not to adjust the promised amount of consideration for the effects of a significant financing component if the Company expects, at contract inception, that the period between when the Company transfers a promised good or service to a customer and when the customer pays for that good or service will be one year or less. If a contract is separated into more than one performance obligation, the total transaction price is allocated to each performance obligation in an amount based on the estimated relative standalone selling prices of the promised goods or services underlying each performance obligation. Estimating standalone selling prices may require judgment. When available, the Company utilizes the observable price of a good or service when the Company sells that good or service separately in similar circumstances and to similar customers. If a standalone selling price is not directly observable, the Company estimates the standalone selling price by considering all information (including market conditions, specific factors, and information about the customer or class of customer) that is reasonably available. Transaction price allocated to remaining performance obligations The Company’s remaining performance obligations represent the transaction price of firm contracts and orders for which work has not been performed. The Company includes in its remaining performance obligations only those contracts and orders for which it has accepted purchase orders. Remaining performance obligations associated with the Company’s subscribers for fixed consumer and business broadband services in its satellite services segment exclude month-to-month service contracts in accordance with a practical expedient and are estimated using a portfolio approach in which the Company reviews all relevant promotional activities and calculates the remaining performance obligation using the average service component for the portfolio and the average time remaining under the contract. The Company’s future recurring in-flight connectivity service contracts in its satellite services segment do not have minimum service purchase requirements and therefore are not included in the Company’s remaining performance obligations. As of June 30, 2023, the aggregate amount of the transaction price allocated to remaining performance obligations was $ 3.8 billion, of which the Company expects to recognize almost half over the next 12 months, with the balance recognized thereafter . Disaggregation of revenue The Company operates and manages its business in three reportable segments: satellite services, commercial networks and government systems. Revenue is disaggregated by products and services, customer type, contract type, and geographic area, respectively, as the Company believes this approach best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. The following sets forth disaggregated reported revenue by segment and product and services for the three months ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 127,881 $ 108,491 $ 236,372 Service revenues 398,484 20,714 124,221 543,419 Total revenues $ 398,484 $ 148,595 $ 232,712 $ 779,791 Three Months Ended June 30, 2022 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 93,575 $ 78,920 $ 172,495 Service revenues 312,100 19,209 71,252 402,561 Total revenues $ 312,100 $ 112,784 $ 150,172 $ 575,056 Revenues from the U.S. Government as an individual customer comprised approximately 17 % and 15 % of total revenues for the three months ended June 30, 2023 and 2022, respectively, mainly reported within the government systems segment. Revenues from the Company’s other customers, mainly reported within the commercial networks and satellite services segments, comprised approximately 83 % and 85 % of total revenues for the three months ended June 30, 2023 and 2022, respectively. The Company’s satellite services segment revenues are primarily derived from the Company’s fixed broadband services, in-flight services, maritime and narrowband services (primarily acquired through the Inmarsat Acquisition) and energy services. Revenues in the Company’s commercial networks and government systems segments are primarily derived from three types of contracts: fixed-price, cost-reimbursement and time-and-materials contracts. Fixed-price contracts (which require the Company to provide products and services under a contract at a specified price) comprised approximately 86 % and 84 % of the Company’s total revenues for these segments for the three months ended June 30, 2023 and 2022, respectively. The remainder of the Company’s revenues in these segments for such periods was derived primarily from cost-reimbursement contracts (under which the Company is reimbursed for all actual costs incurred in performing the contract to the extent such costs are within the contract ceiling and allowable under the terms of the contract, plus a fee or profit) and from time-and-materials contracts (under which the Company is reimbursed for the number of labor hours expended at an established hourly rate negotiated in the contract, plus the cost of materials utilized in providing such products or services). Historically, a significant portion of the Company’s revenues in its commercial networks and government systems segments has been derived from customer contracts that include the development of products. The development efforts are conducted in direct response to the customer’s specific requirements and, accordingly, expenditures related to such efforts are included in cost of sales when incurred and the related funding (which includes a profit component) is included in revenues. Revenues for the Company’s funded development from its customer contracts were approximately 15 % and 18 % of its total revenues for the three months ended June 30, 2023 and 2022, respectively. Contract balances Contract balances consist of contract assets and contract liabilities. A contract asset, or with respect to the Company, an unbilled accounts receivable, is recorded when revenue is recognized in advance of the Company’s right to bill and receive consideration, typically resulting from sales under long-term contracts. Unbilled accounts receivable are generally expected to be billed and collected within one year. The unbilled accounts receivable will decrease as provided services or delivered products are billed. The Company receives payments from customers based on a billing schedule established in the Company’s contracts. When consideration is received in advance of the delivery of goods or services, a contract liability, or with respect to the Company, collections in excess of revenues or deferred revenues, is recorded. Reductions in the collections in excess of revenues or deferred revenues will be recorded as the Company satisfies the performance obligations. The following table presents contract assets and liabilities as of June 30, 2023 and March 31, 2023: As of As of (In thousands) Unbilled accounts receivable $ 130,655 $ 104,889 Collections in excess of revenues and deferred revenues 291,749 132,187 Deferred revenues, long-term portion 1,040,119 84,747 Unbilled accounts receivable increased by $ 25.8 million during the three months ended June 30, 2023, primarily driven by revenue recognized in the Company’s satellite services segment in excess of billings. The Inmarsat Acquisition contributed approximately $ 15.0 million of unbilled accounts receivable. Collections in excess of revenues and deferred revenues increased by $ 159.6 million during the three months ended June 30, 2023, primarily driven by advances on goods or services received in excess of revenue recognized mainly in the Company’s satellite services and government systems segments. Based on preliminary estimates, t he Inmarsat Acquisition contributed approximately $ 144.1 million of collections in excess of revenues and deferred revenues. Based on preliminary estimates, the Inmarsat Acquisition contributed approximately $ 860.0 million of deferred revenues (long-term). During the three months ended June 30, 2023 , the Company recognized revenue of $ 53.8 million that was previously included in the Company’s collections in excess of revenues and deferred revenues at March 31, 2023. During the three months ended June 30, 2022 , the Company recognized revenue of $ 75.6 million that was previously included in the Company’s collections in excess of revenues and deferred revenues at March 31, 2022 .
Cash equivalents	Cash equivalents Cash equivalents consist of highly liquid investments with original maturities of three months or less at the date of purchase, with a significant portion held in U.S. government-backed qualified money-market securities.
Restricted cash	Restricted cash Restricted cash relates to deposits required by certain counterparties as collateral pursuant to outstanding letters of credit. Restricted cash as of June 30, 2023 and March 31, 2023 was $ 34.0 million and $ 30.5 million, respectively. In accordance with the authoritative guidance for the statement of cash flows (ASU 230), the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that total to the amounts shown in the condensed consolidated statements of cash flows. As of As of (In thousands) Cash and cash equivalents $ 1,958,506 $ 1,348,854 Restricted cash 33,964 30,532 Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows $ 1,992,470 $ 1,379,386
Short-term Investments	Short-term investments Short-term investments comprise deposits held with banks, money market funds, certificate of deposits and other short-term, highly liquid investments with an original maturity of between 91 and 120 days.
Property, equipment and satellites	Property, equipment and satellites Satellites and other property and equipment, including internally developed software, are recorded at cost or, in the case of certain satellites and other property acquired, the fair value at the date of acquisition, net of accumulated depreciation. Capitalized satellite costs consist primarily of the costs of satellite construction and launch, including launch insurance and insurance during the period of in-orbit testing, the net present value of performance incentives expected to be payable to satellite manufacturers (dependent on the continued satisfactory performance of the satellites), costs directly associated with the monitoring and support of satellite construction, and interest costs incurred during the period of satellite construction. The Company also constructs earth stations, network operations systems and other assets to support its satellites, and those construction costs, including interest, are capitalized as incurred. At the time satellites are placed in commercial service, the Company estimates the useful life of its satellites for depreciation purposes based upon an analysis of each satellite’s performance against the original manufacturer’s orbital design life, estimated fuel levels and related consumption rates, as well as historical satellite operating trends. The Company periodically reviews the remaining estimated useful life of its satellites to determine if revisions to estimated useful lives are necessary. Costs incurred for additions to property, equipment and satellites, together with major renewals and betterments, are capitalized and depreciated over the remaining life of the underlying asset. Costs incurred for maintenance, repairs and minor renewals and betterments are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and related accumulated depreciation or amortization are removed from the accounts and any resulting gain or loss is recognized in operations, which for the periods presented, primarily related to losses incurred for unreturned customer premise equipment (CPE). The Company computes depreciation using the straight-line method over the estimated useful lives of the assets ranging from two to 38 years . Leasehold improvements are capitalized and amortized using the straight-line method over the shorter of the lease term or the life of the improvement. Costs related to internally developed software for internal uses are capitalized after the preliminary project stage is complete and are amortized over the estimated useful lives of the assets, which are approximately three to seven years . Capitalized costs for internal-use software are included in property, equipment and satellites, net in the Company’s condensed consolidated balance sheets. Interest expense is capitalized on the carrying value of assets under construction, in accordance with the authoritative guidance for the capitalization of interest (ASC 835-20). With respect to the construction of satellites, gateway and networking equipment and other assets under construction, the Company capitalized $ 56.7 million of interest expense for the three months ended June 30, 2023 , and $ 33.6 million for the three months ended June 30, 2022. The Company's complementary fleet of 22 satellites in space spans the Ka-, L- and S- bands. In addition to Viasat’s legacy satellite fleet, the closing of the Inmarsat Acquisition added: five additional high-bandwidth Ka-band satellites, eight high-availability L-band satellites (three of which are contingency satellites in orbit but not currently in service), an S-band satellite that supports the European Aviation Network (EAN) to provide IFC services to commercial airlines in Europe, and two I-6 class hybrid Ka-/L-band satellites (the I-6 F1 and I-6 F2 satellites), with additional satellites under development. In addition to the Company's satellite fleet, the Company has purchased capacity on and has access to additional regional partner satellites. In addition, the Company owns related earth stations and networking equipment for all of its satellites. The Company procures CPE units leased to customers in order to connect to the Company's satellite network as part of the Company’s satellite services segment, which are reflected in investing activities and property, equipment and satellites, net in the accompanying condensed consolidated financial statements. The Company depreciates the satellites, earth stations and networking equipment, CPE units and related installation costs over their estimated useful lives. The total cost and accumulated depreciation of CPE units included in property, equipment and satellites, net, as of June 30, 2023 were $ 609.2 million and $ 216.0 million, respectively. The total cost and accumulated depreciation of CPE units included in property, equipment and satellites, net, as of March 31, 2023 were $ 395.4 million and $ 213.6 million, respectively. The Company launched the first of its third-generation ViaSat-3 class satellites, ViaSat-3 Americas, into orbit on April 30, 2023 (see Note 13 – Subsequent Event for more information) and is planning to launch two additional third-generation ViaSat-3 class satellites currently under construction. Occasionally, the Company may enter into finance lease arrangements for various machinery, equipment, computer-related equipment, software, furniture, fixtures, or satellites. The Company records amortization of assets leased under finance lease arrangements within depreciation expense. The Company’s finance leases consist primarily of satellite lifetime Ka-band capacity leases and have remaining terms from less than one year to three years . The Company reports assets obtained under finance leases in property, equipment and satellites, net and the current and non-current portions of its finance lease liabilities in current portion of long-term debt and other long-term debt, respectively (see Note 1 — Basis of Presentation – Leases for more information) .
Capitalized interest policy	Interest expense is capitalized on the carrying value of assets under construction, in accordance with the authoritative guidance for the capitalization of interest (ASC 835-20).
Cloud computing arrangements	Cloud computing arrangements The Company enters into certain cloud-based software hosting arrangements that are accounted for as service contracts. Costs incurred for these arrangements are capitalized for application development activities, if material, and immediately expensed for preliminary project activities and postimplementation activities. The Company amortizes the capitalized development costs straight-line over the fixed, non-cancellable term of the associated hosting arrangement plus any reasonably certain renewal periods. The capitalized costs are included in other current assets within the prepaid expenses and other current assets caption, and other assets (long-term) on the Company's consolidated balance sheets.
Lessee Accounting	Lessee accounting In accordance with ASC 842, the Company assesses at contract inception whether the contract is, or contains, a lease. Generally, the Company determines that a lease exists when (1) the contract involves the use of a distinct identified asset, (2) the Company obtains the right to substantially all economic benefits from use of the asset, and (3) the Company has the right to direct the use of the asset. A lease is classified as a finance lease when one or more of the following criteria are met: (1) the lease transfers ownership of the asset by the end of the lease term, (2) the lease contains an option to purchase the asset that is reasonably certain to be exercised, (3) the lease term is for a major part of the remaining useful life of the asset, (4) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset or (5) the asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term. A lease is classified as an operating lease if it does not meet any of these criteria. At the lease commencement date, the Company recognizes a right-of-use asset and a lease liability for all leases, except short-term leases with an original term of 12 months or less. The right-of-use asset represents the right to use the leased asset for the lease term. The lease liability represents the present value of the lease payments under the lease. The right-of-use asset is initially measured at cost, which primarily comprises the initial amount of the lease liability, less any lease incentives received. All right-of-use assets are periodically reviewed for impairment in accordance with standards that apply to long-lived assets. The lease liability is initially measured at the present value of the lease payments, discounted using an estimate of the Company’s incremental borrowing rate for a collateralized loan with the same term as the underlying leases. Lease payments included in the measurement of lease liabilities consist of (1) fixed lease payments for the noncancelable lease term, (2) fixed lease payments for optional renewal periods where it is reasonably certain the renewal option will be exercised, and (3) variable lease payments that depend on an underlying index or rate, based on the index or rate in effect at lease commencement. Certain of the Company’s real estate lease agreements require variable lease payments that do not depend on an underlying index or rate established at lease commencement. Such payments and changes in payments based on a rate or index are recognized in operating expenses when incurred. Lease expense for operating leases consists of the fixed lease payments recognized on a straight-line basis over the lease term plus variable lease payments as incurred. Lease expense for finance leases consists of the depreciation of assets obtained under finance leases on a straight-line basis over the lease term and interest expense on the lease liability based on the discount rate at lease commencement. For both operating and finance leases, lease payments are allocated between a reduction of the lease liability and interest expense. The Company’s operating leases consist primarily of leases for office space, data centers and satellite ground facilities and have remaining terms that typically range from less than one year to 10 years, some of which include renewal options, and some of which include options to terminate the leases within one year. Certain earth station leases have renewal terms that have been deemed to be reasonably certain to be exercised and as such have been recognized as part of the Company’s right-of-use assets and lease liabilities. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company recognizes right-of-use assets and lease liabilities for such leases in accordance with ASC 842. The Company reports operating lease right-of-use assets in operating lease right-of-use assets and the current and non-current portions of its operating lease liabilities in accrued and other liabilities and non-current operating lease liabilities, respectively.
Lessor Accounting	Lessor accounting For broadband equipment leased to customers in conjunction with the delivery of connectivity services, the Company has made an accounting policy election not to separate the broadband equipment from the related connectivity services. The connectivity services are the predominant component of these arrangements. The connectivity services are accounted for in accordance with ASC 606. The Company is also a lessor for certain insignificant communications equipment. These leases meet the criteria for operating lease classification. Lease income associated with these leases is not material.
Business combinations	Business combinations The authoritative guidance for business combinations (ASC 805) requires that all business combinations be accounted for using the purchase method. The purchase price for business combinations is allocated to the estimated fair values of acquired tangible and intangible assets, and assumed liabilities, where applicable. The Company recognizes technology, contracts and customer relationships, orbital slots and spectrum assets, trade names and other as identifiable intangible assets, which are recorded at fair value as of the transaction date. Goodwill is recorded when consideration transferred exceeds the fair value of identifiable assets and liabilities. Measurement-period adjustments to assets acquired and liabilities assumed with a corresponding offset to goodwill are recorded in the period they occur, which may include up to one year from the acquisition date. Contingent consideration is recorded at fair value at the acquisition date.
Patents, orbital slots and other licenses	Patents, orbital slots and other licenses The Company capitalizes the costs of obtaining or acquiring patents, orbital slots and other licenses. Amortization of intangible assets that have finite lives is provided for by the straight-line method over the shorter of the legal or estimated economic life. Total capitalized costs related to patents of $ 3.7 million were included in other assets as of both June 30, 2023 and March 31, 2023 . The Company capitalized costs of $ 80.5 million and $ 77.0 million related to acquiring and obtaining orbital slots and other licenses included in other assets as of June 30, 2023 and March 31, 2023 , respectively. Accumulated amortization related to these assets was $ 7.2 million and $ 6.8 million as of June 30, 2023 and March 31, 2023, respectively. Amortization expense related to these assets was an insignificant amount for both the three months ended June 30, 2023 and 2022. If a patent, orbital slot or other license is rejected, abandoned or otherwise invalidated, the unamortized cost is expensed in that period. During the three months ended June 30, 2023 and 2022 , the Company did not write off any significant costs due to abandonment or impairment.
Debt issuance costs	Debt issuance costs Debt issuance costs are amortized and recognized as interest expense using the effective interest rate method, or, when the results are not materially different, on a straight-line basis over the expected term of the related debt. During the three months ended June 30, 2023 and 2022 , the Company capitalized $ 41.2 million of debt issuance costs and no debt issuance costs, respectively. Unamortized debt issuance costs related to extinguished debt are expensed at the time the debt is extinguished and recorded in loss on extinguishment of debt in the condensed consolidated statements of operations and comprehensive income (loss). Debt issuance costs related to the Company’s revolving credit facilities are recorded in other long-term assets in the condensed consolidated balance sheets in accordance with the authoritative guidance for imputation of interest (ASC 835-30). Debt issuance costs related to the Company’s $700.0 million senior secured term loan facility (the Term Loan Facility), the Company's $ 616.7 million 2023 Term Loan Facility, the Company's $733.4 million Bridge Facility, the Company's 5.625% Senior Notes due 2025 (the 2025 Notes), the Company’s 5.625% Senior Secured Notes due 2027 (the 2027 Notes), the Company’s 6.500% Senior Notes due 2028 (the 2028 Notes) and the Company's direct loan facility with the Export-Import Bank of the United States (the Ex-Im Credit Facility and, together with the Term Loan Facility, the 2023 Term Loan Facility and the Bridge Facility, the Viasat Credit Facilities), as well as debt issuance costs related to Inmarsat's $1.75 billion senior secured term loan facility (the Inmarsat Term Loan Facility) and Inmarsat's 6.750% Senior Secured Notes due 2026 (the Inmarsat 2026 Notes), are recorded as a direct deduction from the carrying amount of the related debt, consistent with debt discounts, in accordance with the authoritative guidance for imputation of interest (ASC 835-30).
Software development	Software development Costs of developing software for sale are charged to independent research and development expense when incurred, until technological feasibility has been established. Software development costs incurred from the time technological feasibility is reached until the product is available for general release to customers are capitalized and reported at the lower of unamortized cost or net realizable value. Once the product is available for general release, the software development costs are amortized based on the ratio of current to future revenue for each product with an annual minimum equal to straight-line amortization over the remaining estimated economic life of the product, generally within five years . Capitalized costs, net, of $ 223.8 million and $ 222.2 million related to software developed for resale were included in other assets as of June 30, 2023 and March 31, 2023 , respectively. The Company capitalized $ 16.0 million and $ 8.7 million of costs related to software developed for resale for the three months ended June 30, 2023 and 2022 , respectively. Amortization expense for capitalized software development costs was $ 14.4 million and $ 9.2 million for the three months ended June 30, 2023 and 2022 , respectively.
Self-insurance and post-retirement medical benefit liabilities	Self-insurance and post-retirement medical benefit liabilities The Company has self-insurance plans to retain a portion of the exposure for losses related to employee medical benefits and workers’ compensation. The self-insurance plans include policies which provide for both specific and aggregate stop-loss limits. The Company utilizes actuarial methods as well as other historical information for the purpose of estimating ultimate costs for a particular plan year. Based on these actuarial methods, along with currently available information and insurance industry statistics, the Company has recorded self-insurance liability for its plans of $ 7.7 million and $ 7.9 million as of June 30, 2023 and March 31, 2023, respectively. The Company’s estimate, which is subject to inherent variability, is based on average claims experience in the Company’s industry and its own experience in terms of frequency and severity of claims, including asserted and unasserted claims incurred but not reported, with no explicit provision for adverse fluctuation from year to year. This variability may lead to ultimate payments being either greater or less than the amounts presented above. Self-insurance liabilities have been classified as a current liability in accrued and other liabilities in accordance with the estimated timing of the projected payments. As a part of the Inmarsat Acquisition, the Company assumed a post-retirement medical benefit plan for retired employees (and their dependents) who were employed by Inmarsat before January 1, 1998. The plan is self-funded and there are no plan assets from which the costs are paid. The cost of providing these benefits is actuarially determined and accrued over the service period of the active employee groups. Inmarsat's post-retirement medical liability is capped at the United Kingdom Consumer Price Index +1%.
Indemnification provisions	Indemnification provisions In the ordinary course of business, the Company includes indemnification provisions in certain of its contracts, generally relating to parties with which the Company has commercial relations. Pursuant to these agreements, the Company will indemnify, hold harmless and agree to reimburse the indemnified party for losses suffered or incurred by the indemnified party, including but not limited to losses relating to third-party intellectual property claims. To date, there have not been any material costs incurred in connection with such indemnification clauses. The Company’s insurance policies do not necessarily cover the cost of defending indemnification claims or providing indemnification, so if a claim was filed against the Company by any party that the Company has agreed to indemnify, the Company could incur substantial legal costs and damages. A claim would be accrued when a loss is considered probable and the amount can be reasonably estimated. At June 30, 2023 and March 31, 2023 , no such amounts were accrued related to the aforementioned provisions.
Noncontrolling interests	Noncontrolling interests A noncontrolling interest represents the equity interest in a subsidiary that is not attributable, either directly or indirectly, to the Company and is reported as equity of the Company, separate from the Company’s controlling interest. Revenues, expenses, gains, losses, net income (loss) and other comprehensive income (loss) are reported in the condensed consolidated financial statements at the consolidated amounts, which include the amounts attributable to both the controlling and noncontrolling interest.
Investments in unconsolidated affiliate - equity method	Investments in unconsolidated affiliate — equity method Investments in entities in which the Company can exercise significant influence, but does not own a majority equity interest or otherwise control, are accounted for using the equity method and are included as investment in unconsolidated affiliate in other assets (long-term) on the condensed consolidated balance sheets. The Company records its share of the results of such entities within equity in income (loss) of unconsolidated affiliate, net on the condensed consolidated statements of operations and comprehensive income (loss). The Company monitors such investments for other-than-temporary impairment by considering factors including the current economic and market conditions and the operating performance of the entities and records reductions in carrying values when necessary. The fair value of privately held investments is estimated using the best available information as of the valuation date, including current earnings trends, undiscounted cash flows, quoted stock prices of comparable public companies, and other company specific information, including recent financing rounds.
Derivatives	Derivatives As a result of the Inmarsat Acquisition on May 30, 2023 (see Note 4 – Acquisition for more information), the Company assumed interest rate cap contracts to hedge the variable interest rate under the Inmarsat Term Loan Facility (see Note 8 – Senior Notes and Other Long-Term Debt for more information ). T he interest rate cap contracts provided protection of USD LIBOR up to 2 % and covered 98 % of the total nominal amount of the Inmarsat Term Loan Facility. At the time of the acquisition, the Company continued to account for the interest rate cap contracts as cash-flow hedges. The Company does not use this instrument, or these types of instruments in general, for speculative or trading purposes. The Company’s objective is to reduce the risk to earnings and cash flows associated with changes in debt with variable interest rates. Derivative instruments are recognized as either assets or liabilities in the condensed consolidated balance sheets and are measured at fair value. The value of a hedging derivative is classified as a non-current asset or liability if the cash flows are due to be received in greater than 12 months, and as a current asset or liability if the cash flows are due to be received in less than 12 months. Gains and losses arising from derivative instruments not designated as hedging instruments are recorded in other income (expense) as gains (losses) on derivative instruments. Gains and losses arising from changes in the fair value of derivative instruments which are designated as cash-flow hedging instruments are recorded in accumulated other comprehensive income (loss) as unrealized gains (losses) on derivative instruments until the underlying transaction affects the Company’s earnings, at which time they are then recorded in the same income statement line as the underlying transaction. During the three months ended June 30, 2023 , the Company recognized a gain of $ 12.7 million in other comprehensive income arising from changes in the fair value of the interest rate cap contracts (designated as cash-flow hedging instruments) related to the Inmarsat Term Loan Facility. The Company released $ 4.4 million from other comprehensive income to interest expense (based on the nature of the underlying transaction) during the first quarter of fiscal year 2024. As of June 30, 2023 , the fair value of the Company's interest rate cap contracts was $ 52.6 million recorded as an other current asset and $ 26.1 million recorded as an other asset (long-term). At June 30, 2023 the estimated net amount of unrealized gains or losses related to the interest rate cap contracts that was expected to be reclassified to earnings within the next 12 months was $ 52.6 million. The interest rate cap contracts outstanding as of June 30, 2023 will mature in February 2025.
Stock-based compensation	Stock-based compensation In accordance with the authoritative guidance for share-based payments (ASC 718), the Company measures stock-based compensation cost at the grant date, based on the estimated fair value of the award. Expense for restricted stock units and stock options is recognized on a straight-line basis over the employee’s requisite service period. Expense for total shareholder return (TSR) performance stock options that vest is recognized regardless of the actual TSR outcome achieved and is recognized on a graded-vesting basis. The Company accounts for forfeitures as they occur. The Company recognized $ 21.8 million and $ 20.2 million of stock-based compensation expense for the three months ended June 30, 2023 and 2022 , respectively. The Company recognizes excess tax benefits or deficiencies on vesting or settlement of awards as discrete items within income tax benefit or provision within net income (loss) and the related cash flows are classified within operating activities.
Income taxes	Income taxes Accruals for uncertain tax positions are provided for in accordance with the authoritative guidance for accounting for uncertainty in income taxes (ASC 740). The Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The authoritative guidance for accounting for uncertainty in income taxes also provides guidance on derecognition of income tax assets and liabilities, classification of deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, and income tax disclosures. The Company’s policy is to recognize interest expense and penalties related to income tax matters as a component of income tax expense. Ordinarily, the Company calculates its provision for income taxes at the end of each interim reporting period on the basis of an estimated annual effective tax rate adjusted for tax items that are discrete to each period. A deferred income tax asset or liability is established for the expected future tax consequences resulting from differences in the financial reporting and tax bases of assets and liabilities and for the expected future tax benefit to be derived from tax credit and loss carryforwards. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Recent authoritative guidance	Recent authoritative guidance In October 2021, the FASB issued ASU 2021-08, Business Combinations (ASC 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. ASU 2021-08 requires contract assets and contract liabilities acquired in a business combination to be recognized in accordance with ASC 606 as if the acquirer had originated the contracts. The Company adopted the new guidance prospectively in the first quarter of fiscal year 2024 and applied its provisions to the Inmarsat Acquisition (see Note 4 – Acquisition) . In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (ASC 815): Fair Value Hedging—Portfolio Layer Method. ASU 2022-01 clarifies the accounting and promotes consistency in reporting for hedges where the portfolio layer method is applied. The Company adopted the new guidance in the first quarter of fiscal year 2024 and the guidance did not have a material impact on its consolidated financial statements and disclosures. In March 2022, the FASB issued ASU 2022-02, Financial Instruments – Credit Losses (ASC 326): Troubled Debt Restructurings and Vintage Disclosures. ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings by creditors in Subtopic 310-40, Receivables – Troubled Debt Restructurings by Creditors, while enhancing certain disclosure requirements for loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Furthermore, it requires that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments – Credit Losses – Measured at Amortized Cost. The Company adopted the new guidance prospectively in the first quarter of fiscal year 2024 and the guidance did not have a material impact on its consolidated financial statements and disclosures. In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (ASC 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. ASU 2022-03 clarifies that a contractual restriction on the sale of an equity security is not considered in measuring the security's fair value. The standard also requires certain disclosures for equity securities that are subject to contractual restrictions. The new standard will become effective for the Company beginning in fiscal year 2025. The Company is currently evaluating the impact of this standard on its consolidated financial statements and disclosures. In Septem ber 2022, the FASB issued ASU 2022-04, Liabilities – Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. ASU 2022-04 enhances the transparency of supplier finance programs. In each annual reporting period, the buyer in a supplier finance program is required to disclose information about the key terms of the program, the outstanding confirmed amounts, a rollforward of such amounts, and a description of where those obligations are presented in the balance sheet. In each interim reporting period, the buyer should disclose the outstanding confirmed amounts as of the end of th e interim perio d. T he Company adopted the new guidance in the first quarter of fiscal year 2024 (including early adoption of the amendment on the rollforward information) and the guidance did not have a material impact on its consolidated financial statements and disclosures. In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842) - Common Control Agreements. The amendments in this update that apply to public business entities clarify the accounting for leasehold improvements associated with common control leases. The new standard will become effective for the Company beginning in fiscal year 2025. The Company is currently evaluating the impact of this standard on its consolidated financial statements and disclosures.
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 both June 30, 2023 and March 31, 2023 . The Company had no liabilities measured at fair value on a recurring basis as of both June 30, 2023 and March 31, 2023: Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 1,092,609 $ 1,092,609 $ — $ — Short-term investments 134,266 134,266 — — Interest rate cap contracts 78,638 — 78,638 — Total assets measured at fair value on a recurring $ 1,305,513 $ 1,226,875 $ 78,638 $ — Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 757,600 $ 757,600 $ — $ — Total assets measured at fair value on a recurring $ 757,600 $ 757,600 $ — $ — The following section describes the valuation methodologies the Company uses to measure financial instruments at fair value: Cash equivalents — The Company’s cash equivalents consist of money market funds, with a significant portion held in U.S. government backed qualified money market securities. Short-term investments — The Company’s short-term investments consist of deposits held with banks, money market funds, certificate of deposits and other short-term, highly liquid investments with an original maturity of between 91 and 120 days. Interest rate cap contracts — The Company assumed interest rate cap contracts to hedge the variable interest rate under the Inmarsat Term Loan Facility (see Note 1 – The Company and a Summary of Its Significant Accounting Policies – Derivatives for more information). The Company’s interest rate cap contracts are valued using the forward interest rate curve at each reporting date (Level 2). Contingencies — In connection with the acquisition of the remaining 51 % interest in Euro Broadband Infrastructure Sàrl (EBI) on April 30, 2021, part of the purchase price consideration will not be determined until approximately two years after the closing date, when the Company may pay or receive up to € 20.0 million, or approximately $ 21.8 million, in cash. The consideration to be paid in the future is contingent based on certain outcomes as defined in the acquisition agreement. Each reporting period, the Company estimates the fair value of the contingent consideration based on unobservable inputs and probability weightings using standard valuation techniques (Level 3). The fair value amount is currently recorded in other current assets within the prepaid expenses and other current assets caption on the Company's condensed consolidated balance sheets and any change to fair value is recorded in the Company’s condensed consolidated statements of operations each reporting period. As of June 30, 2023 and March 31, 2023, and for the three months ended June 30, 2023 and 2022, the Company’s fair value estimate, and change in fair value of the contingent consideration were immaterial. Long-term debt — The Company’s long-term debt consists of borrowings under the Viasat Credit Facilities and Inmarsat's $2.45 billion senior secured credit facility (the Inmarsat Secured Credit Facility), $700.0 million in aggregate principal amount of 2025 Notes, $600.0 million in aggregate principal amount of 2027 Notes, $400.0 million in aggregate principal amount of 2028 Notes, $2.08 billion in aggregate principal amount of Inmarsat 2026 Notes and finance lease obligations reported at the present value of future minimum lease payments with current accrued interest. Long-term debt related to Viasat's $700.0 million revolving credit facility (the Viasat Revolving Credit Facility) and Inmarsat's $700.0 million revolving line of credit under the Inmarsat Secured Credit Facility (the Inmarsat Revolving Credit Facility) is reported at the outstanding principal amount of borrowings, while long-term debt related to the Term Loan Facility, the Ex-Im Credit Facility, the Inmarsat Term Loan Facility, the 2025 Notes, the 2027 Notes and the 2028 Notes is reported at amortized cost. However, for disclosure purposes, the Company is required to measure the fair value of outstanding debt on a recurring basis. The fair value of the Company’s long-term debt related to the Term Loan Facility, the 2023 Term Loan Facility, the Viasat Revolving Credit Facility and the Inmarsat Secured Credit Facility approximates its carrying amount due to its variable interest rate, which approximates a market interest rate. As of June 30, 2023 and March 31, 2023, the fair value of the Company’s long-term debt related to the Ex-Im Credit Facility was Level 2 and was approximately $ 47.8 million and $ 57.1 million, respectively. As of June 30, 2023 and March 31, 2023, the estimated fair value of the Company’s outstanding long-term debt related to each series of Notes was Level 2 and was $ 676.6 million and $ 661.5 million, respectively, for the 2025 Notes, $ 558.3 million and $ 561.7 million, respectively, for the 2027 Notes, and $ 337.7 million and $ 292.0 million, respectively, for the 2028 Notes. The fair value of the Company’s outstanding long-term debt as of June 30, 2023 related to the Inmarsat 2026 Notes was Level 2 and was $ 2.02 billion. The fair value of the Company’s outstanding long-term debt as of June 30, 2023 related to the Bridge Facility was Level 2 and was approximately $ 619.2 million. Satellite performance incentive obligations — The Company’s contracts with satellite manufacturers require the Company to make monthly in-orbit satellite performance incentive payments with respect to certain satellites in commercial service, including interest, through fiscal year 2028 , subject to the continued satisfactory performance of the applicable satellites. The Company records the net present value of these expected future payments as a liability and as a component of the cost of the satellites. However, for disclosure purposes, the Company is required to measure the fair value of outstanding satellite performance incentive obligations on a recurring basis. The fair value of the Company’s outstanding satellite performance incentive obligations is estimated to approximate their carrying value based on current rates (Level 2). As of June 30, 2023 and March 31, 2023 , the Company’s estimated satellite performance incentive obligations relating to certain satellites in commercial service, including accrued interest, were $ 19.0 million and $ 20.0 million, respectively.
Other acquired intangible assets	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).
Segment reporting	The Company’s segments are determined consistent with the way management currently organizes and evaluates financial information internally for making operating decisions and assessing performance.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Disaggregation of Revenue by Segment and Product and Services	The following sets forth disaggregated reported revenue by segment and product and services for the three months ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 127,881 $ 108,491 $ 236,372 Service revenues 398,484 20,714 124,221 543,419 Total revenues $ 398,484 $ 148,595 $ 232,712 $ 779,791 Three Months Ended June 30, 2022 Satellite Commercial Government Total (In thousands) Product revenues $ — $ 93,575 $ 78,920 $ 172,495 Service revenues 312,100 19,209 71,252 402,561 Total revenues $ 312,100 $ 112,784 $ 150,172 $ 575,056
Summary of Contract Assets and Liabilities	The following table presents contract assets and liabilities as of June 30, 2023 and March 31, 2023: As of As of (In thousands) Unbilled accounts receivable $ 130,655 $ 104,889 Collections in excess of revenues and deferred revenues 291,749 132,187 Deferred revenues, long-term portion 1,040,119 84,747
Summary of Restrictions on Cash and Cash Equivalents	the following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that total to the amounts shown in the condensed consolidated statements of cash flows. As of As of (In thousands) Cash and cash equivalents $ 1,958,506 $ 1,348,854 Restricted cash 33,964 30,532 Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows $ 1,992,470 $ 1,379,386

Composition of Certain Balanc_2

Composition of Certain Balance Sheet Captions (Tables)	3 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Composition of Certain Balance Sheet Captions	As of As of (In thousands) Accounts receivable, net: Billed $ 513,517 $ 327,148 Unbilled 130,655 104,889 Allowance for doubtful accounts ( 13,642 ) ( 12,103 ) $ 630,530 $ 419,934 Inventories: Raw materials $ 111,303 $ 68,655 Work in process 25,820 25,347 Finished goods 198,438 174,561 $ 335,561 $ 268,563 Prepaid expenses and other current assets: Prepaid expenses $ 175,414 $ 115,701 Other 158,228 60,928 $ 333,642 $ 176,629 Property, equipment and satellites, net: Equipment and software (estimated useful life of 3 - 7 years ) $ 3,109,932 $ 1,917,243 CPE leased equipment (estimated useful life of 4 - 7 years ) 609,183 395,427 Furniture and fixtures (estimated useful life of 7 years) 64,035 58,807 Leasehold improvements (estimated useful life of 2 - 17 years ) 180,112 151,827 Buildings (estimated useful life of 12 - 38 years ) 16,425 12,487 Land 29,434 3,873 Construction in progress 1,033,066 685,646 Satellites (estimated useful life of 7 - 17 years ) 2,705,771 1,056,313 Satellite Ka-band capacity obtained under finance leases (estimated useful life of 7 - 11 years ) 175,712 175,712 Satellites under construction 3,689,340 2,252,908 11,613,010 6,710,243 Less: accumulated depreciation and amortization ( 2,450,119 ) ( 2,331,960 ) $ 9,162,891 $ 4,378,283 Other acquired intangible assets, net: Contracts and customer relationships (weighted average useful life of 11 years) 1,068,425 132,563 Orbital slots and spectrum assets (weighted average useful life of 12 years) 1,018,600 8,600 Technology (weighted average useful life of 7 years) $ 258,492 $ 151,327 Trade name (weighted average useful life of 8 years) 117,419 32,253 Other (weighted average useful life of 6 years) 257,568 21,782 2,720,504 346,525 Less: accumulated amortization ( 174,374 ) ( 145,320 ) $ 2,546,130 $ 201,205 Other assets: Deferred income taxes $ 177,014 $ 23,724 Capitalized software costs, net 223,847 222,155 Patents, orbital slots and other licenses, net 76,952 73,932 Other 249,592 146,227 $ 727,405 $ 466,038 Accrued and other liabilities: Collections in excess of revenues and deferred revenues $ 291,749 $ 132,187 Accrued employee compensation 91,482 125,349 Accrued vacation 50,370 45,177 Operating lease liabilities 66,340 50,639 Income taxes payable 192,546 113,905 Other 341,578 179,975 $ 1,034,065 $ 647,232 Other liabilities: Deferred revenues, long-term portion $ 1,040,119 $ 84,747 Deferred income taxes 1,408,701 85,989 Other 363,272 47,806 $ 2,812,092 $ 218,542

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present the Company's hierarchy for its assets measured at fair value on a recurring basis as of both June 30, 2023 and March 31, 2023 . The Company had no liabilities measured at fair value on a recurring basis as of both June 30, 2023 and March 31, 2023: Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 1,092,609 $ 1,092,609 $ — $ — Short-term investments 134,266 134,266 — — Interest rate cap contracts 78,638 — 78,638 — Total assets measured at fair value on a recurring $ 1,305,513 $ 1,226,875 $ 78,638 $ — Fair Value as of Level 1 Level 2 Level 3 (In thousands) Assets: Cash equivalents $ 757,600 $ 757,600 $ — $ — Total assets measured at fair value on a recurring $ 757,600 $ 757,600 $ — $ —

Acquisition (Tables)

Acquisition (Tables) - Inmarsat Holdings [Member]	3 Months Ended
	Jun. 30, 2023
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 in the Inmarsat Acquisition based on the preliminary estimated fair values as of May 30, 2023 is as follows: (In thousands) Current assets $ 652,396 Property, equipment and satellites 4,589,853 Identifiable intangible assets 2,370,700 Other assets 401,754 Total assets acquired $ 8,014,703 Current liabilities ( 579,874 ) Long-term debt ( 3,519,550 ) Other long-term liabilities ( 2,670,504 ) Total liabilities assumed $ ( 6,769,928 ) Goodwill 1,434,317 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.
Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis	Estimated amounts assigned to identifiable intangible assets 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 May 30, 2023: Weighted Estimated Fair Value Average Estimated Useful Life (In thousands) (In years) Orbital slots and spectrum assets 1,010,000 12 Customer relationships 935,000 11 Technology 105,000 7 Trade name 85,000 8 Other 235,700 5 Total identifiable intangible assets $ 2,370,700 11
Summary of Proforma Financial Information	The pro forma financial information for the three months ended June 30, 2023 and 2022 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 Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Total revenues $ 1,050,226 $ 944,410 Net income (loss) attributable to Viasat, Inc. $ ( 41,962 ) $ ( 222,689 )

Discontinued Operations - (Tabl

Discontinued Operations - (Tables)	3 Months Ended
	Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations Financial Information	The operating results of the discontinued operations only reflect revenues and expenses that are directly attributable to the Link-16 TDL Business that will be eliminated from continuing operations. The following table presents key components of “Net income (loss) from discontinued operations, net of tax” for the three months ended June 30, 2022: Three Months Ended June 30, 2022 (In thousands) Revenues $ 103,167 Operating expenses: Cost of revenues 64,605 Other operating expenses 8,986 Net income (loss) from discontinued operations before income taxes $ 29,576 (Provision for) benefit from income taxes ( 12,051 ) Net income (loss) from discontinued operations, net of tax $ 17,525 The cash flows related to discontinued operations have not been segregated and are included in the condensed consolidated statements of cash flows. The following table presents key cash flow and non-cash information related to discontinued operations for the three months ended June 30, 2022: Three Months Ended June 30, 2022 (In thousands) Depreciation $ 2,968 Amortization of intangible assets 462 Capital expenditures 3,289

Goodwill and Acquired Intangi_2

Goodwill and Acquired Intangible Assets (Tables)	3 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Current and Expected Amortization Expense for Acquired Intangible Assets	The current and expected amortization expense for acquired intangible assets for each of the following periods is as follows: Amortization (In thousands) For the three months ended June 30, 2023 $ 27,811 Expected for the remainder of fiscal year 2024 $ 204,988 Expected for fiscal year 2025 271,553 Expected for fiscal year 2026 271,401 Expected for fiscal year 2027 271,401 Expected for fiscal year 2028 271,401 Thereafter 1,255,386 $ 2,546,130

Senior Notes and Other Long-T_2

Senior Notes and Other Long-Term Debt (Tables)	3 Months Ended
	Jun. 30, 2023
Debt Disclosure [Abstract]
Components of Long-Term Debt	Total long-term debt consisted of the following as of June 30, 2023 and March 31, 2023: As of As of (In thousands) 2028 Notes $ 400,000 $ 400,000 2027 Notes 600,000 600,000 2025 Notes 700,000 700,000 Term Loan Facility 693,000 694,750 Bridge Facility 733,400 — 2023 Term Loan Facility 616,700 — Viasat Revolving Credit Facility — — Ex-Im Credit Facility 49,130 58,957 Inmarsat 2026 Notes 2,075,000 — Inmarsat Secured Credit Facility 1,693,125 — Finance lease obligations (see Note 1) 33,479 36,405 Total debt 7,593,834 2,490,112 Unamortized discount and debt issuance costs ( 315,783 ) ( 30,672 ) Less: current portion of long-term debt 59,757 37,939 Total long-term debt $ 7,218,294 $ 2,421,501

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Revenues and Operating Profits (Losses)	Segment revenues and operating profits (losses) for the three months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Revenues: Satellite services Product $ — $ — Service 398,484 312,100 Total 398,484 312,100 Commercial networks Product 127,881 93,575 Service 20,714 19,209 Total 148,595 112,784 Government systems Product 108,491 78,920 Service 124,221 71,252 Total 232,712 150,172 Elimination of intersegment revenues — — Total revenues $ 779,791 $ 575,056 Operating profits (losses): Satellite services $ 11,438 $ 1,345 Commercial networks ( 46,712 ) ( 49,380 ) Government systems 21,569 ( 1,080 ) Elimination of intersegment operating — — Segment operating profit (loss) before corporate ( 13,705 ) ( 49,115 ) Corporate — — Amortization of acquired intangible ( 27,811 ) ( 7,523 ) Income (loss) from operations $ ( 41,516 ) $ ( 56,638 )
Segment Assets	Segment assets as of June 30, 2023 and March 31, 2023 were as follows: As of As of (In thousands) Segment assets: Satellite services $ 3,629,690 $ 424,881 Commercial networks 360,191 328,828 Government systems 1,115,744 293,780 Total segment assets 5,105,625 1,047,489 Corporate assets 12,791,981 6,682,848 Total assets $ 17,897,606 $ 7,730,337
Other Acquired Intangible Assets, Net and Goodwill Included in Segment Assets and Amortization of Acquired Intangible Assets by Segment	Other acquired intangible assets, net and goodwill included in segment assets as of June 30, 2023 and March 31, 2023 were as follows: Other Acquired Intangible Goodwill As of As of As of As of (In thousands) Satellite services $ 2,298,775 $ 200,097 $ 1,035,692 $ 80,589 Commercial networks — — 41,061 41,014 Government systems 247,355 1,108 515,304 36,939 Total $ 2,546,130 $ 201,205 $ 1,592,057 $ 158,542 Amortization of acquired intangible assets by segment for the three months ended June 30, 2023 and 2022 was as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) Satellite services $ 21,651 $ 7,228 Commercial networks — — Government systems 6,160 295 Total amortization of acquired $ 27,811 $ 7,523
Revenues by Geographic Area	Revenues by geographic area for the three months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 June 30, 2022 (In thousands) U.S. customers $ 593,162 $ 483,546 Non-U.S. customers (each country individually insignificant) 186,629 91,510 Total revenues $ 779,791 $ 575,056

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail)		3 Months Ended
	May 30, 2023 USD ($) shares	Jun. 30, 2023 USD ($) Segment shares	Jun. 30, 2022 USD ($) shares	Mar. 31, 2023 USD ($) shares	Oct. 01, 2022 USD ($)	Jun. 21, 2022 shares
Company And Summary Of Significant Accounting Policies [Line Items]
Revenue, practical expedient, financing component		true
Remaining performance obligations		$ 3,800,000,000
Number of reportable segments | Segment		3
Increase (decrease) in unbilled accounts receivable		$ 25,800,000
Accounts receivable, Unbilled		130,655,000		$ 104,889,000
Increase in collections in excess of revenues and deferred revenues		159,600,000
Deferred revenues , long-term portion		1,040,119,000		84,747,000
Collections in excess of revenues and deferred revenues, recognized revenue		53,800,000	$ 75,600,000
Restricted cash relates to deposits required by certain counterparties as collateral pursuant to outstanding letters of credit		33,964,000		30,532,000
Capitalized interest expense		$ 56,700,000	33,600,000
Operating lease, existence of option to terminate		true
Operating lease, option to terminate, description		some of which include renewal options, and some of which include options to terminate the leases within one year.
Total capitalized costs related to patents		$ 3,700,000		3,700,000
Total capitalized costs related to orbital slots and other licenses		80,500,000		77,000,000
Accumulated amortization of patents, orbital slots and other licenses		7,200,000		6,800,000
Debt issuance costs capitalized		41,200,000	0
Capitalized costs, net, related to software developed for resale		223,847,000		222,155,000
Capitalized cost related to software development for resale		16,000,000	8,700,000
Amortization expense of capitalized software development costs		14,400,000	9,200,000
Self-insurance liability		7,700,000		7,900,000
Repurchase and immediate retirement of treasury shares pursuant to vesting of certain RSU agreements | value		2,212,000	505,000
Stock-based compensation expense		21,752,000	21,232,000
Interest expense		$ 55,939,000	5,873,000
Interest rate cap contracts, description		he interest rate cap contracts provided protection of USD LIBOR up to 2% and covered 98% of the total nominal amount of the Inmarsat Term Loan Facility. At the time of the acquisition, the Company continued to account for the interest rate cap contracts as cash-flow hedges.
Interest Rate Cap [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Gain (loss) in other comprehensive income arising from changes in the fair value of derivative contracts (designated as cash-flow hedging instruments)		$ 12,700,000
Interest rate cap contracts		52,600,000
Derivative contracts gain (loss) reclassified from other comprehensive income to interest expense (based on the nature of the underlying transaction)		4,400,000
Interest Rate Cap [Member] | Other Current Assets [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Interest rate cap contracts		52,600,000
Interest Rate Cap [Member] | Other Noncurrent Assets [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Interest rate cap contracts		26,100,000
Letter of Credit [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Restricted cash relates to deposits required by certain counterparties as collateral pursuant to outstanding letters of credit		34,000,000		30,500,000
Principal amount of debt		150,000,000
Continuing Operations [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Stock-based compensation expense		21,800,000	$ 20,200,000
Link-16 Tactical Data Link Business [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Disposal consideration					$ 1,960,000,000
2023 Term Loan Facility [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Principal amount of debt	$ 616,700,000	616,700,000
Bridge Facility [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Principal amount of debt	$ 733,400,000
Term Loan Facility [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Principal amount of debt		$ 700,000,000
Inmarsat Term Loan Facility [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Interest rate cap contracts percentage of protection of nominal amount	98%
Accounting Standards Update 2021-08 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In October 2021, the FASB issued ASU 2021-08, Business Combinations (ASC 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. ASU 2021-08 requires contract assets and contract liabilities acquired in a business combination to be recognized in accordance with ASC 606 as if the acquirer had originated the contracts. The Company adopted the new guidance prospectively in the first quarter of fiscal year 2024 and applied its provisions to the Inmarsat Acquisition (see Note 4 – Acquisition).
Accounting Standards Update 2022-01 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (ASC 815): Fair Value Hedging—Portfolio Layer Method. ASU 2022-01 clarifies the accounting and promotes consistency in reporting for hedges where the portfolio layer method is applied. The Company adopted the new guidance in the first quarter of fiscal year 2024 and the guidance did not have a material impact on its consolidated financial statements and disclosures.
Accounting Standards Update 2022-02 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In March 2022, the FASB issued ASU 2022-02, Financial Instruments – Credit Losses (ASC 326): Troubled Debt Restructurings and Vintage Disclosures. ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings by creditors in Subtopic 310-40, Receivables – Troubled Debt Restructurings by Creditors, while enhancing certain disclosure requirements for loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Furthermore, it requires that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments – Credit Losses – Measured at Amortized Cost. The Company adopted the new guidance prospectively in the first quarter of fiscal year 2024 and the guidance did not have a material impact on its consolidated financial statements and disclosures.
Accounting Standards Update 2022-03 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In June 2022, the FASB issued ASU 2022-03, Fair Value Measurement (ASC 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. ASU 2022-03 clarifies that a contractual restriction on the sale of an equity security is not considered in measuring the security's fair value. The standard also requires certain disclosures for equity securities that are subject to contractual restrictions. The new standard will become effective for the Company beginning in fiscal year 2025. The Company is currently evaluating the impact of this standard on its consolidated financial statements and disclosures.
Accounting Standards Update 2022-04 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In September 2022, the FASB issued ASU 2022-04, Liabilities – Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations. ASU 2022-04 enhances the transparency of supplier finance programs. In each annual reporting period, the buyer in a supplier finance program is required to disclose information about the key terms of the program, the outstanding confirmed amounts, a rollforward of such amounts, and a description of where those obligations are presented in the balance sheet. In each interim reporting period, the buyer should disclose the outstanding confirmed amounts as of the end of the interim period. The Company adopted the new guidance in the first quarter of fiscal year 2024 (including early adoption of the amendment on the rollforward information) and the guidance did not have a material impact on its consolidated financial statements and disclosures.
Accounting Standards Update 2023-01 [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Description of new accounting pronouncements		In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842) - Common Control Agreements. The amendments in this update that apply to public business entities clarify the accounting for leasehold improvements associated with common control leases. The new standard will become effective for the Company beginning in fiscal year 2025. The Company is currently evaluating the impact of this standard on its consolidated financial statements and disclosures.
CPE Leased Equipment [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, cost		$ 609,183,000		395,427,000
Accumulated depreciation and amortization		$ 216,000,000		213,600,000
Minimum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		2 years
Financing lease, remaining lease term		1 year
Operating lease, remaining lease term		1 year
Estimated useful life, years		2 years
Minimum [Member] | Software Development Member
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		3 years
Minimum [Member] | CPE Leased Equipment [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		4 years
Maximum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		38 years
Financing lease, remaining lease term		3 years
Operating lease, remaining lease term		10 years
Estimated useful life, years		20 years
Maximum [Member] | LIBOR [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Interest rate cap	2%
Maximum [Member] | Software Development Costs [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life, years		5 years
Maximum [Member] | Software Development Member
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		7 years
Maximum [Member] | CPE Leased Equipment [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Property, equipment and satellites, estimated useful life (years)		7 years
Connect Topco Limited [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Payments to acquire business	$ 550,700,000
Shares issued in connection with acquisition of business, net of issuance costs , shares | shares	46,360,000
Inmarsat Holdings [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Payments to acquire business	$ 550,700,000
Shares issued in connection with acquisition of business, net of issuance costs , shares | shares	46,360,000
Accounts receivable, Unbilled		$ 15,000,000
Increase in collections in excess of revenues and deferred revenues		144,100,000
Deferred revenues , long-term portion		$ 860,000,000
Inmarsat Holdings [Member] | Minimum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Common stock, shares authorized | shares						100,000,000
Inmarsat Holdings [Member] | Maximum [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Common stock, shares authorized | shares						200,000,000
Funded Research and Development from Customer Contracts [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Percentage of revenue		15%	18%
Operating Segments [Member] | Commercial Networks and Government Systems [Member] | Fixed-price Contract [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Percentage of revenue		86%	84%
U.S. Government as an Individual Customer [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Percentage of revenue		17%	15%
Other Customers [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Percentage of revenue		83%	85%
Unfavorable Regulatory Action [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Accrued reserves		$ 13,600,000		12,900,000
Indemnification Guarantee [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Accrued reserves		$ 0		$ 0
Common Stock [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares issued in connection with acquisition of business, net of issuance costs , shares | shares		46,363,636
Common stock issued based on the vesting terms of certain restricted stock unit agreements | shares		137,469	46,471
Common Stock Held in Treasury [Member]
Company And Summary Of Significant Accounting Policies [Line Items]
Shares of common stock outstanding | shares		0		0
Repurchase and immediate retirement of treasury shares pursuant to vesting of certain RSU agreements, shares | shares		48,850	13,165
Repurchase and immediate retirement of treasury shares pursuant to vesting of certain RSU agreements | value		$ 2,200,000

Basis of Presentation - Addit_2

Basis of Presentation - Additional Information (Detail 1)	3 Months Ended
	Jun. 30, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-07-01
Company And Summary Of Significant Accounting Policies [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, explanation	Company expects to recognize almost half over the next 12 months, with the balance recognized thereafter

Basis of Presentation - Summary

Basis of Presentation - Summary of Disaggregation of Revenue by Segment and Product and Services (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Disaggregation Of Revenue [Line Items]
Total revenues	$ 779,791	$ 575,056
Product [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	236,372	172,495
Service [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	543,419	402,561
Operating Segments [Member] | Satellite Services [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	398,484	312,100
Operating Segments [Member] | Satellite Services [Member] | Service [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	398,484	312,100
Operating Segments [Member] | Commercial Networks [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	148,595	112,784
Operating Segments [Member] | Commercial Networks [Member] | Product [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	127,881	93,575
Operating Segments [Member] | Commercial Networks [Member] | Service [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	20,714	19,209
Operating Segments [Member] | Government Systems [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	232,712	150,172
Operating Segments [Member] | Government Systems [Member] | Product [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	108,491	78,920
Operating Segments [Member] | Government Systems [Member] | Service [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	$ 124,221	$ 71,252

Basis of Presentation - Summa_2

Basis of Presentation - Summary of Contract Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Accounting Policies [Abstract]
Unbilled accounts receivable	$ 130,655	$ 104,889
Collections in excess of revenues and deferred revenues	291,749	132,187
Deferred revenues, long-term portion	$ 1,040,119	$ 84,747

Basis of Presentation - Summa_3

Basis of Presentation - Summary of Restrictions on Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Accounting Policies [Abstract]
Cash and cash equivalents	$ 1,958,506	$ 1,348,854
Restricted cash	33,964	30,532
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	$ 1,992,470	$ 1,379,386	$ 221,520	$ 310,459

Composition of Certain Balanc_3

Composition of Certain Balance Sheet Captions - Composition of Certain Balance Sheet Captions (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Accounts receivable, net:
Accounts receivable, Billed	$ 513,517	$ 327,148
Accounts receivable, Unbilled	130,655	104,889
Allowance for doubtful accounts	(13,642)	(12,103)
Accounts receivable, net	630,530	419,934
Inventories:
Raw materials	111,303	68,655
Work in process	25,820	25,347
Finished goods	198,438	174,561
Inventories	335,561	268,563
Prepaid expenses and other current assets:
Prepaid expenses	175,414	115,701
Other	158,228	60,928
Prepaid expenses and other current assets	333,642	176,629
Property, equipment and satellites, net:
Property, equipment and satellites, gross	11,613,010	6,710,243
Less: accumulated depreciation and amortization	(2,450,119)	(2,331,960)
Property and equipment, net	9,162,891	4,378,283
Other acquired intangible assets, net:
Other acquired intangible assets, gross	2,720,504	346,525
Less: accumulated amortization	(174,374)	(145,320)
Other acquired intangible assets, net	2,546,130	201,205
Other assets:
Deferred income taxes	177,014	23,724
Capitalized software costs, net	223,847	222,155
Patents, orbital slots and other licenses, net	76,952	73,932
Other	249,592	146,227
Other assets	727,405	466,038
Accrued and other liabilities:
Collections in excess of revenues and deferred revenues	291,749	132,187
Accrued employee compensation	91,482	125,349
Accrued vacation	50,370	45,177
Operating lease liabilities	$ 66,340	$ 50,639
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued and other liabilities	Accrued and other liabilities
Income taxes payable	$ 192,546	$ 113,905
Other	341,578	179,975
Accrued and other liabilities	1,034,065	647,232
Other liabilities:
Deferred revenues , long-term portion	1,040,119	84,747
Deferred income taxes, long-term	1,408,701	85,989
Other	363,272	47,806
Other liabilities	2,812,092	218,542
Contracts and Customer Relationships [Member]
Other acquired intangible assets, net:
Other acquired intangible assets, gross	1,068,425	132,563
Orbital Slots And Spectrum Assets [Member]
Other acquired intangible assets, net:
Other acquired intangible assets, gross	1,018,600	8,600
Technology [Member]
Other acquired intangible assets, net:
Other acquired intangible assets, gross	258,492	151,327
Trade Name [Member]
Other acquired intangible assets, net:
Other acquired intangible assets, gross	117,419	32,253
Other [Member]
Other acquired intangible assets, net:
Other acquired intangible assets, gross	257,568	21,782
Satellites [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	2,705,771	1,056,313
Satellites under Construction [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	3,689,340	2,252,908
Equipment and Software [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	3,109,932	1,917,243
CPE Leased Equipment [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, cost	609,183	395,427
Satellite Ka-band Capacity Obtained under Finance Leases [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	175,712	175,712
Furniture and Fixtures [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	64,035	58,807
Leasehold Improvements [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	180,112	151,827
Buildings [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	16,425	12,487
Land [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	29,434	3,873
Construction in Progress [Member]
Property, equipment and satellites, net:
Property, equipment and satellites, gross	$ 1,033,066	$ 685,646

Composition of Certain Balanc_4

Composition of Certain Balance Sheet Captions - Composition of Certain Balance Sheet Captions (Parenthetical) (Detail)	3 Months Ended
	Jun. 30, 2023
Contracts and Customer Relationships [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Other acquired intangible assets, weighted average useful life	11 years
Orbital Slots And Spectrum Assets [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Other acquired intangible assets, weighted average useful life	12 years
Technology [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Other acquired intangible assets, weighted average useful life	7 years
Trade Name [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Other acquired intangible assets, weighted average useful life	8 years
Other [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Other acquired intangible assets, weighted average useful life	6 years
Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	2 years
Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	38 years
Equipment and Software [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	3 years
Equipment and Software [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	7 years
CPE Leased Equipment [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	4 years
CPE Leased Equipment [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	7 years
Furniture and Fixtures [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	7 years
Leasehold Improvements [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	2 years
Leasehold Improvements [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	17 years
Buildings [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	12 years
Buildings [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	38 years
Satellites [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	7 years
Satellites [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	17 years
Satellite Ka-band Capacity Obtained under Finance Leases [Member] | Minimum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	7 years
Satellite Ka-band Capacity Obtained under Finance Leases [Member] | Maximum [Member]
Schedule Of Composition Of Certain Balance Sheet Captions [Line Items]
Property, equipment and satellites, estimated useful life (years)	11 years

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) € in Millions		3 Months Ended
	Apr. 30, 2021 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Apr. 30, 2021 EUR (€)
Satellite Performance Incentives Obligation [Member] | ViaSat-2 Satellite [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Expiration year of in-orbit satellite performance incentive obligation		2028
Euro Broadband Infrastructure Sarl Step Acquisition [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of additional interest in subsidiary acquired	51%			51%
Contingent consideration arrangements	the Company may pay or receive up to €20.0 million, or approximately $21.8 million, in cash.
Euro Broadband Infrastructure Sarl Step Acquisition [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value estimate of the maximum amount of the contingency	$ 21,800,000			€ 20
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities measured at fair value on a recurring basis		$ 0	$ 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Satellite Performance Incentives Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Satellite performance incentives obligation		19,000,000	20,000,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | 2025 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		676,600,000	661,500,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | 2027 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		558,300,000	561,700,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | 2028 Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		337,700,000	292,000,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Ex-Im Credit Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		47,800,000	$ 57,100,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Inmarsat Senior Secured Notes 2026 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		2,020,000,000
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Bridge Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt		$ 619,200,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 1,092,609	$ 757,600
Short-term investments	134,266
Interest rate cap contracts	78,638
Total assets measured at fair value on a recurring basis	1,305,513	757,600
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,092,609	757,600
Short-term investments	134,266
Total assets measured at fair value on a recurring basis	1,226,875	$ 757,600
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate cap contracts	78,638
Total assets measured at fair value on a recurring basis	$ 78,638

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
	May 30, 2023	Jun. 30, 2023	Jun. 30, 2022
Business Acquisition [Line Items]
Issuance of common stock in connection with acquisition		$ 2,123,455
Total revenues		779,791	$ 575,056
Net Income (Loss)		(77,004)	(21,564)
Inmarsat Holdings [Member]
Business Acquisition [Line Items]
The consideration transferred	$ 2,700,000
Payments to acquire business	550,700
Issuance of common stock in connection with acquisition	$ 2,100,000
Shares issued in connection with acquisition of business, net of issuance costs , shares	46,360
Current liabilities		29,600
Other long term liabilities		248,300
Total revenues		134,100
Inmarsat Holdings [Member] | Selling General and Administrative Expenses [Member]
Business Acquisition [Line Items]
Merger-related transaction costs		$ 27,400	$ 12,700
Satellite Services [Member] | Inmarsat Holdings [Member]
Business Acquisition [Line Items]
Preliminary estimated goodwill	$ 956,200
Government Systems [Member] | Inmarsat Holdings [Member]
Business Acquisition [Line Items]
Preliminary estimated goodwill	$ 478,100

Acquisition - Summary of Purcha

Acquisition - Summary of Purchase Price Allocation of Acquired Assets and Assumed Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	May 30, 2023	Mar. 31, 2023
Business Acquisition [Line Items]
Goodwill	$ 1,592,057		$ 158,542
Inmarsat Holdings [Member]
Business Acquisition [Line Items]
Current assets		$ 652,396
Property, equipment and satellites		4,589,853
Identifiable intangible assets		2,370,700
Other assets		401,754
Total assets acquired		8,014,703
Current liabilities		(579,874)
Long-term debt		(3,519,550)
Other long-term liabilities		(2,670,504)
Total liabilities assumed		(6,769,928)
Goodwill		1,434,317
Total consideration transferred		$ 2,679,092

Acquisition - Summary of Identi

Acquisition - Summary of Identifiable Intangible Assets Amortized on a Straight Line Basis (Details) - USD ($) $ in Thousands		3 Months Ended
	May 30, 2023	Jun. 30, 2023
Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 2,370,700
Weighted Average Estimated Useful Life	11 years
Orbital Slots And Spectrum Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		12 years
Orbital Slots And Spectrum Assets [Member] | Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 1,010,000
Weighted Average Estimated Useful Life	12 years
Customer relationships [Member] | Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 935,000
Weighted Average Estimated Useful Life	11 years
Technology [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		7 years
Technology [Member] | Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 105,000
Weighted Average Estimated Useful Life	7 years
Trade Name [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		8 years
Trade Name [Member] | Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 85,000
Weighted Average Estimated Useful Life	8 years
Other [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		6 years
Other [Member] | Inmarsat Holdings [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 235,700
Weighted Average Estimated Useful Life	5 years

Acquisition - Summary of Profor

Acquisition - Summary of Proforma Financial Information (Details) - Inmarsat Holdings [Member] - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Business Acquisition [Line Items]
Total revenues	$ 1,050,226	$ 944,410
Net income (loss) attributable to Viasat, Inc.	$ (41,962)	$ (222,689)

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) $ in Millions	Oct. 01, 2022 USD ($)
Link-16 Tactical Data Link Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal consideration	$ 1,960

Discontinued Operations - Incom

Discontinued Operations - Income (loss) from Discontinued Operations, Net of Tax (Detail) $ in Thousands	3 Months Ended
	Jun. 30, 2022 USD ($)
Operating expenses:
Net income (loss) from discontinued operations, net of tax	$ 17,525
Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, Revenue	103,167
Operating expenses:
Cost of revenues	64,605
Other operating expenses	8,986
Net income (loss) from discontinued operations before income taxes	29,576
(Provision for) benefit from income taxes	(12,051)
Net income (loss) from discontinued operations, net of tax	$ 17,525

Discontinued Operations - Disco

Discontinued Operations - Discontinued Operations on the Cash Flow and Non-cash Information (Detail) - Discontinued Operations [Member] $ in Thousands	3 Months Ended
	Jun. 30, 2022 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation	$ 2,968
Amortization of intangible assets	462
Capital expenditures	$ 3,289

Shares Used In Computing Dilu_2

Shares Used In Computing Diluted Net Income (Loss) Per Share - Additional Information (Detail) - shares	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares	209,581	606,634
TSR Performance Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares	1,714,844	182,609
Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares	2,056,995	2,699,956
Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares	626,271	716,346

Goodwill and Acquired Intangi_3

Goodwill and Acquired Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization of acquired intangible assets	$ 27,811	$ 7,523
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Other acquired intangible assets estimated useful lives	2 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Other acquired intangible assets estimated useful lives	20 years

Goodwill and Acquired Intangi_4

Goodwill and Acquired Intangible Assets - Current and Expected Amortization Expense for Acquired Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of acquired intangible assets	$ 27,811	$ 7,523
Expected for the remainder of fiscal year 2024	204,988
Expected for fiscal year 2025	271,553
Expected for fiscal year 2026	271,401
Expected for fiscal year 2027	271,401
Expected for fiscal year 2028	271,401
Thereafter	1,255,386
Other acquired intangible assets, net	$ 2,546,130		$ 201,205

Senior Notes and Other Long-T_3

Senior Notes and Other Long-Term Debt - Components of Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Finance lease obligations (see Note 1)	$ 33,479	$ 36,405
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other long-term debt	Other long-term debt
Total debt	$ 7,593,834	$ 2,490,112
Unamortized discount and debt issuance costs	(315,783)	(30,672)
Less: current portion of long-term debt	59,757	37,939
Total long-term debt	7,218,294	2,421,501
2028 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt	400,000	400,000
2027 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt	600,000	600,000
2025 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt	700,000	700,000
Term Loan Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt	693,000	694,750
Bridge Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt	733,400
2023 Term Loan Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt	616,700
Ex-Im Credit Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt	49,130	$ 58,957
Inmarsat 2026 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt	2,075,000
Inmarsat Secured Credit Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt	$ 1,693,125

Senior Notes and Other Long-T_4

Senior Notes and Other Long-Term Debt - Additional Information (Detail)		1 Months Ended	3 Months Ended	9 Months Ended
	May 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jun. 30, 2023 USD ($) Installment	Dec. 31, 2022	Jun. 30, 2020 USD ($)	Oct. 31, 2019 USD ($)	Mar. 31, 2019 USD ($)	Sep. 30, 2017 USD ($)
Debt Instrument [Line Items]
Percentage of Revolving Credit Commitment			40%
Bridge Facility [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity	$ 733,400,000
Maturity date			May 30, 2024
Outstanding borrowings under the Credit Facility			$ 733,400,000
Principal amount of debt			$ 733,400,000
Credit Facility interest rate description			The initial bridge loan bears interest at a rate equal to the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50%, plus a credit spread adjustment of 0.26% plus an applicable margin equal to (i) 4.75% from May 30, 2023 to (but excluding) August 30, 2023, (ii) 5.25% from August 30, 2023 to (but excluding) November 30, 2023, (iii) 5.75% from November 30, 2023 to (but excluding) February 29, 2024 and (iv) 6.25% from February 29, 2024 to (but excluding) May 30, 2024. The interest rate for the initial bridge loan is subject to a maximum total rate of 7.50% per annum. The Extended Term Loan, if applicable, will bear interest at a rate equal to 7.50% per annum.
Effective interest rate	7.50%		7.83%
Term Loan Facility [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity			$ 700,000,000
Maturity date			Mar. 04, 2029
Outstanding borrowings under the Credit Facility			$ 693,000,000
Final installment, principal			$ 654,500,000
Debt instrument unamortized discount percentage			2%
Principal amount of debt		$ 694,750,000	$ 693,000,000
Original issue discount			14,000,000
Periodic installments, principal			$ 1,750,000
Line of Credit Facility, Date of First Required Payment			Sep. 30, 2022
Credit Facility interest rate description			Borrowings under the Term Loan Facility bear interest, at the Company’s option, at either (1) a base rate equal to the greater of the administrative agent’s prime rate as announced from time to time, the federal funds effective rate plus 0.50%, and the forward-looking term SOFR rate administered by CME for a one-month interest period plus 1.00%, subject to a floor of 1.50% for the initial term loans, plus an applicable margin of 3.50%, or (2) the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50% for the initial term loans, plus an applicable margin of 4.50%. As of June 30, 2023, the effective interest rate on the Company’s outstanding borrowings under the Term Loan Facility was 10.14%.
Credit facility description			The Term Loan Facility contains covenants that restrict, among other things, the ability of Company and its restricted subsidiaries to incur additional debt, grant liens, sell assets, make investments, pay dividends and make certain other restricted payments.
Effective interest rate			10.14%
Bridge Facility Extended Term Loan [Member]
Debt Instrument [Line Items]
Maturity date			May 30, 2031
2023 Term Loan Facility [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity	$ 616,700,000		$ 616,700,000
Maturity date			May 30, 2030
Outstanding borrowings under the Credit Facility			$ 616,700,000
Final installment, principal			$ 576,600,000
Debt instrument unamortized discount percentage			2.50%
Principal amount of debt			$ 616,700,000
Original issue discount			15,400,000
Periodic installments, principal			$ 1,500,000
Line of Credit Facility, Date of First Required Payment			Dec. 31, 2023
Credit Facility interest rate description			Borrowings under the 2023 Term Loan Facility are required to be repaid in quarterly installments of $1.5 million each, commencing on December 31, 2023, followed by a final installment of $576.6 million at maturity. Borrowings under the 2023 Term Loan Facility bear interest, at the Company's option, at either (1) a base rate equal to the greater of the administrative agent’s prime rate as announced from time to time, the federal funds effective rate plus 0.50%, and the forward-looking term SOFR rate administered by CME for a one-month interest period plus 1.00%, subject to a floor of 1.50% for the initial term loans, plus an applicable margin of 3.50%, or (2) the forward-looking term SOFR rate administered by CME for the applicable interest period, subject to a floor of 0.50% for the initial term loans, plus an applicable margin of 4.50%, plus a credit spread adjustment ranging from 0.11% to 0.43%. As of June 30, 2023, the effective interest rate on the Company’s outstanding borrowings under the 2023 Term Loan Facility was 10.64%
Credit facility description			The 2023 Term Loan Facility contains covenants that restrict, among other things, the ability of Company and its restricted subsidiaries to incur additional debt, grant liens, sell assets, make investments, pay dividends and make certain other restricted payments.
Effective interest rate			10.64%
Inmarsat Term Loan Facility [Member]
Debt Instrument [Line Items]
Maturity date			Dec. 12, 2026
Outstanding borrowings under the Credit Facility			$ 1,690,000,000
Periodic installments, principal			4,400,000
Inmarsat Term Loan Facility [Member] | Inmarsat Holdings [Member]
Debt Instrument [Line Items]
Principal amount of debt			1,750,000,000
Inmarsat Secured Credit Facility [Member]
Debt Instrument [Line Items]
Principal amount of debt			1,693,125,000
Repayments of Lines of Credit			$ 280,000,000
Credit Facility interest rate description		Prior to June 30, 2023, borrowings under the Inmarsat Secured Credit Facility bore interest, at Inmarsat’s option, at either (1) the highest of the federal funds rate plus 0.50%, adjusted LIBOR plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) adjusted LIBOR, subject to a floor of 1.00% per annum, plus, in each case an applicable margin. As of June 30, 2023, the weighted average effective interest rate on the Company's outstanding borrowings under the Inmarsat Term Loan Facility was approximately 7.03%.	Following the transition, borrowings under the Inmarsat Secured Credit Facility now bear interest, at Inmarsat's option, at either (1) the highest of (x) the greater of the federal funds rate or the overnight banking fund rate for such day plus 0.50%, (y) the forward-looking one-month term SOFR rate plus 3.50% or (z) the administrative agent's prime rate as announced from time to time, or (2) the forward-looking term SOFR rate for the applicable interest period, subject to a floor of 1.00% per annum for the Inmarsat Term Loan Facility, plus, in each case an applicable margin. The applicable margin for the term loan is 2.50% per annum for base rate loans and 3.50% per annum for SOFR loans. The applicable margin for borrowings under the Inmarsat Revolving Credit Facility is based on Inmarsat’s senior secured first lien net leverage ratio. The Inmarsat Secured Credit Facility is required to be guaranteed by certain material Inmarsat subsidiaries and secured by substantially all of the assets of the Inmarsat borrowers and subsidiary guarantors.
Credit facility description			The Inmarsat Secured Credit Facility contains covenants that restrict, among other things, Inmarsat’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. In addition, a financial covenant regarding Inmarsat’s senior secured first lien leverage ratio applies in the event borrowings under the Inmarsat Revolving Credit Facility exceed the greater of $280.0 million and 40% of the revolving credit commitment thereunder. The borrowers under the Inmarsat Secured Credit Facility were in compliance with the financial covenants under the Inmarsat Secured Credit Facility as of June 30, 2023
Inmarsat Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maturity date			Dec. 12, 2024
Principal amount of debt			$ 700,000,000
Viasat Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity			$ 700,000,000
Maturity date			Jan. 18, 2024
Outstanding borrowings under the Credit Facility			$ 0
Borrowing availability under the Credit Facility			$ 661,900,000
Credit Facility interest rate description			Borrowings under the Viasat Revolving Credit Facility bear interest, at the Company’s option, at either (1) the highest of the federal funds rate plus 0.50%, the Eurodollar rate plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) the Eurodollar rate, plus, in the case of each of (1) and (2), an applicable margin that is based on the Company’s total leverage ratio.
Credit facility description			The Viasat Revolving Credit Facility contains financial covenants regarding a maximum total leverage ratio and a minimum interest coverage ratio. In addition, the Viasat Revolving Credit Facility contains covenants that restrict, among other things, the Company’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. The Company was in compliance with its financial covenants under the Viasat Revolving Credit Facility as of June 30, 2023.
Revolving Extension Amendment Line of Credit [Member]
Debt Instrument [Line Items]
Long-Term Line of Credit, Noncurrent	$ 512,500,000
Line of credit facility, expiration period	5 years
Ex-Im Credit Facility [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity			$ 362,400,000
Outstanding borrowings under the Credit Facility			49,100,000
Principal amount of debt		$ 58,957,000	$ 49,130,000
Credit facility description			The Ex-Im Credit Facility contains financial covenants regarding Viasat’s maximum total leverage ratio and minimum interest coverage ratio. In addition, the Ex-Im Credit Facility contains covenants that restrict, among other things, the Company’s ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments.
Amount of qualified ViaSat-2 satellite costs limited to finance			$ 321,200,000
Percent of qualified ViaSat-2 expenses used to finance			85%
The maximum exposure fees under Ex-Im Credit Facility			$ 41,200,000
Interest rate on the outstanding borrowings			2.38%
Required number of installment repayments | Installment			16
Debt maturity date			Oct. 15, 2025
Effective interest rate			4.54%
Ex-Im credit facility repayment commenced date			Apr. 15, 2018
Cumulative Ex-Im Credit Facility loan discount			$ 42,300,000
Exposure fees included in the principal			35,300,000
The exposure fees paid under Ex-Im Credit Facility borrowings			6,000,000
2028 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt		400,000,000	$ 400,000,000
Interest rate on the outstanding borrowings			6.50%
Principal amount of senior notes issued					$ 400,000,000
Debt maturity year			2028
2028 Notes [Member] | Debt Instrument, Redemption, Other Period One [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			103.25%
Redemption description of Senior Notes			in whole or in part, at any time during the 12 months beginning on July 15, 2023 at a redemption price of 103.250%
2028 Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101.625%
Redemption description of Senior Notes			during the 12 months beginning on July 15, 2024 at a redemption price of 101.625%
2028 Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			100%
Redemption description of Senior Notes			at any time on or after July 15, 2025 at a redemption price of 100%, in each case plus accrued and unpaid interest, if any, thereon to the redemption date.
2028 Notes [Member] | Change of Control [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101%
Redemption description of Senior Notes			In the event a change of control triggering event occurs (as defined in the indenture governing the 2028 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2028 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the 2028 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).
2027 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt		600,000,000	$ 600,000,000
Interest rate on the outstanding borrowings			5.625%
Principal amount of senior notes issued							$ 600,000,000
Debt maturity year			2027
2027 Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Redemption description of Senior Notes			in whole or in part, at any time during the 12 months beginning on April 15,
2027 Notes [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			100%
Redemption description of Senior Notes			at any time on or after April 15, 2024 at a redemption price of 100%, in each case plus accrued and unpaid interest, if any, thereon to the redemption date.
2027 Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101.406%
Redemption description of Senior Notes			2023 at a redemption price of 101.406%
2027 Notes [Member] | Change of Control [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101%
Redemption description of Senior Notes			In the event a change of control triggering event occurs (as defined in the indenture governing the 2027 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2027 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the 2027 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).
2026 Notes [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101.688%
Inmarsat Senior Secured Notes 2026 [Member]
Debt Instrument [Line Items]
Interest rate on the outstanding borrowings						6.75%
Principal amount of senior notes issued						$ 2,080,000,000
Debt maturity year			2026
Redemption price percentage of Senior Notes			100%
Redemption description of Senior Notes			and at any time on or after October 1, 2024 at a redemption price of 100%, in each case, plus accrued and unpaid interest, if any, thereon to the redemption date.
Inmarsat Senior Secured Notes 2026 [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			103.375%
Redemption description of Senior Notes			in whole or in part, at any time during the 12 months beginning on October 1, 2022 at a redemption price of 103.375%
Inmarsat Senior Secured Notes 2026 [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument [Line Items]
Redemption description of Senior Notes			during the 12 months beginning on October 1, 2023 at a redemption price of 101.688%
Inmarsat Senior Secured Notes 2026 [Member] | Change of Control [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101%
Redemption description of Senior Notes			In the event a change of control occurs (as defined in the indenture governing the Inmarsat 2026 Notes), each holder will have the right to require Inmarsat to repurchase all or any part of such holder’s Inmarsat 2026 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the Inmarsat 2026 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).
2025 Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt		$ 700,000,000	$ 700,000,000
Interest rate on the outstanding borrowings			5.625%
Principal amount of senior notes issued								$ 700,000,000
Debt maturity year			2025
2025 Notes [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument [Line Items]
Redemption description of Senior Notes			in whole or in part, at any time at a redemption price of 100%, plus accrued and unpaid interest, if any, thereon to the redemption date.
2025 Notes [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes				100%
Redemption description of Senior Notes			at a redemption price of 100%
2025 Notes [Member] | Change of Control [Member]
Debt Instrument [Line Items]
Redemption price percentage of Senior Notes			101%
Redemption description of Senior Notes			In the event a change of control triggering event occurs (as defined in the indenture governing the 2025 Notes), each holder will have the right to require the Company to repurchase all or any part of such holder’s 2025 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the 2025 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).Inmarsat Senior Secured Notes due 2026In October 2019, certain subsidiaries of Inmarsat Holdings issued $2.08 billion in principal amount of Inmarsat 2026 Notes in a private placement to institutional buyers. The Inmarsat 2026 Notes bear interest at the rate of 6.750% per year, payable semi-annually in cash in arrears. Debt issuance costs associated with the issuance of the Inmarsat 2026 Notes are amortized to interest expense on a straight-line basis over the term of the Inmarsat 2026 Notes, the results of which are not materially different from the effective interest rate basis.The Inmarsat 2026 Notes are secured by pari passu first priority liens on the collateral securing the Inmarsat Secured Credit Facility, and are required to be guaranteed on a senior secured basis by restricted subsidiaries of Inmarsat Holdings that guarantee or are borrowers under Inmarsat’s senior secured indebtedness, subject to exceptions. As of June 30, 2023, all of the subsidiaries of Inmarsat Holdings that were then guarantors or borrowers under the Inmarsat Secured Credit Facility guaranteed the Inmarsat 2026 Notes. The indenture governing the Inmarsat 2026 Notes limits, among other things, the ability of the issuers and their restricted subsidiaries to: incur, assume or guarantee additional debt; issue redeemable stock and preferred stock; pay dividends, make distributions or redeem or repurchase capital stock; prepay, redeem or repurchase subordinated debt; make loans and investments; grant or incur liens; restrict dividends, loans or asset transfers from restricted subsidiaries; sell or otherwise dispose of assets; enter into transactions with affiliates; and consolidate or merge with, or sell substantially all of their assets to, another person.The Inmarsat 2026 Notes may be redeemed, in whole or in part, at any time during the 12 months beginning on October 1, 2022 at a redemption price of 103.375%, during the 12 months beginning on October 1, 2023 at a redemption price of 101.688%, and at any time on or after October 1, 2024 at a redemption price of 100%, in each case, plus accrued and unpaid interest, if any, thereon to the redemption date. In the event a change of control occurs (as defined in the indenture governing the Inmarsat 2026 Notes), each holder will have the right to require Inmarsat to repurchase all or any part of such holder’s Inmarsat 2026 Notes at a purchase price in cash equal to 101% of the aggregate principal amount of the Inmarsat 2026 Notes repurchased, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date). The consummation of the Inmarsat Acquisition did not give rise to a “change of control” under the indenture governing the Inmarsat 2026 Notes.
Letter of Credit [Member]
Debt Instrument [Line Items]
Credit Facility maximum borrowing capacity			$ 150,000,000
Standby letters of credit outstanding amount			$ 38,100,000

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues	$ 779,791	$ 575,056
Amount receivable	630,530		$ 419,934
Navarino UK And JSAT Mobile [Member] | Related Party [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues	6,100
Cash received	5,900
Amount receivable	$ 12,400

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	May 08, 2023	Jul. 08, 2022	Jun. 30, 2023	Mar. 31, 2023
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party	$ 97.5	$ 62.2
Cash receipt in other liabilities			$ 97.5
Unfavorable Regulatory Action [Member]
Loss Contingencies [Line Items]
U.S. government contract-related reserves			$ 13.6	$ 12.9

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating Loss Carryforwards [Line Items]
Benefit from income taxes	$ 533	$ 22,813
Effective income tax rate	1%	37%
Increase (decrease) in gross unrecognized tax benefits	$ 73,300
Unrecognized tax benefits, Income tax penalties and interest expense	21,100
Impact on effective tax rate	16,300
Inmarsat Holdings [Member]
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits, Income tax penalties and interest expense resulting from acquisition	21,500
Unrecognized tax Benefits, Increase resulting from acquisition	$ 65,000

Segment Information - Segment R

Segment Information - Segment Revenues and Operating Profits (Losses) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Revenues:
Total revenues	$ 779,791	$ 575,056
Operating profits (losses):
Income (loss) from operations	(41,516)	(56,638)
Amortization of acquired intangible assets	(27,811)	(7,523)
Product [Member]
Revenues:
Total revenues	236,372	172,495
Service [Member]
Revenues:
Total revenues	543,419	402,561
Operating Segments [Member]
Operating profits (losses):
Income (loss) from operations	(13,705)	(49,115)
Operating Segments [Member] | Satellite Services [Member]
Revenues:
Total revenues	398,484	312,100
Operating profits (losses):
Income (loss) from operations	11,438	1,345
Amortization of acquired intangible assets	(21,651)	(7,228)
Operating Segments [Member] | Satellite Services [Member] | Service [Member]
Revenues:
Total revenues	398,484	312,100
Operating Segments [Member] | Commercial Networks [Member]
Revenues:
Total revenues	148,595	112,784
Operating profits (losses):
Income (loss) from operations	(46,712)	(49,380)
Operating Segments [Member] | Commercial Networks [Member] | Product [Member]
Revenues:
Total revenues	127,881	93,575
Operating Segments [Member] | Commercial Networks [Member] | Service [Member]
Revenues:
Total revenues	20,714	19,209
Operating Segments [Member] | Government Systems [Member]
Revenues:
Total revenues	232,712	150,172
Operating profits (losses):
Income (loss) from operations	21,569	(1,080)
Amortization of acquired intangible assets	(6,160)	(295)
Operating Segments [Member] | Government Systems [Member] | Product [Member]
Revenues:
Total revenues	108,491	78,920
Operating Segments [Member] | Government Systems [Member] | Service [Member]
Revenues:
Total revenues	124,221	71,252
Material Reconciling Items [Member]
Operating profits (losses):
Amortization of acquired intangible assets	$ (27,811)	$ (7,523)

Segment Information - Segment A

Segment Information - Segment Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 17,897,606	$ 7,730,337
Operating Segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	5,105,625	1,047,489
Operating Segments [Member] | Satellite Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	3,629,690	424,881
Operating Segments [Member] | Commercial Networks [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	360,191	328,828
Operating Segments [Member] | Government Systems [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	1,115,744	293,780
Corporate, Non-Segment [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 12,791,981	$ 6,682,848

Segment Information - Other Acq

Segment Information - Other Acquired Intangible Assets, Net and Goodwill Included in Segment Assets and Amortization of Acquired Intangible Assets by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023
Segment Reporting Information [Line Items]
Other acquired intangible assets, net	$ 2,546,130		$ 201,205
Goodwill	1,592,057		158,542
Amortization of acquired intangible assets	27,811	$ 7,523
Operating Segments [Member] | Satellite Services [Member]
Segment Reporting Information [Line Items]
Other acquired intangible assets, net	2,298,775		200,097
Goodwill	1,035,692		80,589
Amortization of acquired intangible assets	21,651	7,228
Operating Segments [Member] | Commercial Networks [Member]
Segment Reporting Information [Line Items]
Goodwill	41,061		41,014
Operating Segments [Member] | Government Systems [Member]
Segment Reporting Information [Line Items]
Other acquired intangible assets, net	247,355		1,108
Goodwill	515,304		$ 36,939
Amortization of acquired intangible assets	$ 6,160	$ 295

Segment Information - Revenues

Segment Information - Revenues by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Total revenues	$ 779,791	$ 575,056
U.S. Customers [Member]
Segment Reporting Information [Line Items]
Total revenues	593,162	483,546
Non U.S. Customers [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 186,629	$ 91,510

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - Subsequent Event [Member] - ViaSat-3 Americas [Member] $ in Millions	Jul. 12, 2023 USD ($)
Subsequent Event [Line Items]
Assets insured	$ 420
Proportion of insured amount to asset net book value	nearly half