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Basic and Diluted Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Basic and Diluted Net Income (Loss) Per Share  
Table presents EPS amounts for all periods and the basic and diluted weighted-average shares outstanding used in the calculation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended 

 

For the Nine Months Ended 

 

 

 

September 30,

 

September 30,

 

 

    

2017

    

2016

    

2017

    

2016

 

 

 

(In thousands, except per share amounts)

 

Net income (loss)

 

$

315,265

 

$

332,975

 

$

764,102

 

$

1,182,981

 

Less: Net income (loss) attributable to noncontrolling interests, net of tax

 

 

17,890

 

 

14,523

 

 

50,896

 

 

40,535

 

Net income (loss) attributable to DISH Network - Basic

 

 

297,375

 

 

318,452

 

 

713,206

 

 

1,142,446

 

Interest on dilutive Convertible Notes, net of tax

 

 

 —

 

 

9,392

 

 

30,125

 

 

9,392

 

Net income (loss) attributable to DISH Network - Diluted

 

$

297,375

 

$

327,844

 

$

743,331

 

$

1,151,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - Class A and B common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

466,240

 

 

464,927

 

 

465,893

 

 

464,703

 

Dilutive impact of Convertible Notes

    

 

58,192

 

 

27,017

 

 

54,850

 

 

9,071

 

Dilutive impact of stock awards outstanding

 

 

814

 

 

1,025

 

 

896

 

 

1,010

 

Diluted

 

 

525,246

 

 

492,969

 

 

521,639

 

 

474,784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - Class A and B common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share attributable to DISH Network

 

$

0.64

 

$

0.68

 

$

1.53

 

$

2.46

 

Diluted net income (loss) per share attributable to DISH Network

 

$

0.57

 

$

0.67

 

$

1.42

 

$

2.43

 

 

Schedule of dilutive securities not included in the diluted EPS calculation

 

 

 

 

 

 

 

 

As of September 30,

 

 

    

2017

    

2016

 

 

 

(In thousands)

 

Anti-dilutive stock awards

 

1,778

 

1,845

 

Performance based options (1)

    

6,318

 

4,386

 

Restricted Performance Units

 

1,252

 

1,373

 

Common stock warrants

 

46,029

 

46,029

 

Total

 

55,377

 

53,633

 

 

 

 

 

 

 

(1)

The increase in performance based options as of September 30, 2017 primarily resulted from the issuance of stock option awards as of January 1, 2017 under a long-term, performance-based stock incentive plan adopted on December 2, 2016 (the “2017 LTIP”).