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Goodwill and Acquired Intangible Assets | 9 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Acquired Intangible Assets | Note 7 — Goodwill and Acquired Intangible Assets During the nine months ended December 31, 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 nine months ended December 31, 2022, the decrease in the Company’s goodwill relating to its continuing operations 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 $91.7 million and $7.4 million for the three months ended December 31, 2023 and 2022, respectively, and $200.9 million and $22.3 million for the nine months ended December 31, 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 nine months ended December 31, 2023 |  | $ | 200,904 |
Expected for the remainder of fiscal year 2024 |  | $ | 91,395 |
Expected for fiscal year 2025 |  |  | 364,819 |
Expected for fiscal year 2026 |  |  | 364,667 |
Expected for fiscal year 2027 |  |  | 295,938 |
Expected for fiscal year 2028 |  |  | 285,005 |
Expected for fiscal year 2029 |  |  | 284,260 |
Thereafter |  |  | 1,087,581 |
|  | $ | 2,773,665 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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