XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Subscriber-related revenue $ 3,551,054 $ 3,731,528 $ 10,809,419 $ 11,333,222
Equipment sales and other revenue 32,400 35,944 98,028 126,315
Total revenue 3,583,454 3,767,472 10,907,447 11,459,537
Costs and Expenses (exclusive of depreciation shown separately below - Note 8):        
Subscriber-related expenses 2,237,742 2,225,138 6,723,704 6,704,647
Satellite and transmission expenses 160,009 179,524 500,171 523,730
Cost of sales - equipment and other 21,563 22,779 71,672 91,290
Subscriber acquisition costs:        
Cost of sales - subscriber promotion subsidies 15,826 35,483 59,225 129,413
Other subscriber acquisition costs 155,870 183,148 432,631 556,928
Subscriber acquisition advertising 147,115 184,033 392,449 442,165
Total subscriber acquisition costs 318,811 402,664 884,305 1,128,506
General and administrative expenses 186,954 190,707 497,801 573,853
Litigation expense (Note 10)     295,695  
Depreciation and amortization (Note 8) 209,324 223,998 625,625 691,149
Total costs and expenses 3,134,403 3,244,810 9,598,973 9,713,175
Operating income (loss) 449,051 522,662 1,308,474 1,746,362
Other Income (Expense):        
Interest income 7,240 7,387 33,979 20,330
Interest expense, net of amounts capitalized (4,370) (19,709) (59,809) (23,824)
Other, net 40,261 4,387 48,173 116,680
Total other income (expense) 43,131 (7,935) 22,343 113,186
Income (loss) before income taxes 492,182 514,727 1,330,817 1,859,548
Income tax (provision) benefit, net (176,917) (181,752) (566,715) (676,567)
Net income (loss) 315,265 332,975 764,102 1,182,981
Less: Net income (loss) attributable to noncontrolling interest, net of tax 17,890 14,523 50,896 40,535
Net income (loss) attributable to DISH Network $ 297,375 $ 318,452 $ 713,206 $ 1,142,446
Weighted-average common shares outstanding - Class A and B common stock:        
Basic (in shares) 466,240 464,927 465,893 464,703
Diluted (in shares) 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 (in dollars per share) $ 0.64 $ 0.68 $ 1.53 $ 2.46
Diluted net income (loss) per share attributable to DISH Network (in dollars per share) $ 0.57 $ 0.67 $ 1.42 $ 2.43
Comprehensive Income (Loss):        
Net income (loss) $ 315,265 $ 332,975 $ 764,102 $ 1,182,981
Other comprehensive income (loss):        
Foreign currency translation adjustments 232   1,078  
Unrealized holding gains (losses) on available-for-sale securities 494 102 7,459 (2)
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss) (1) (2,834) (635) (96,477)
Deferred income tax (expense) benefit, net (183) 999 (2,509) 35,155
Total other comprehensive income (loss), net of tax 542 (1,733) 5,393 (61,324)
Comprehensive income (loss) 315,807 331,242 769,495 1,121,657
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax 17,890 14,523 50,896 40,535
Comprehensive income (loss) attributable to DISH Network $ 297,917 $ 316,719 $ 718,599 $ 1,081,122