Basic and Diluted Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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
	March 31,
	2020		2019
	(In thousands, except per share amounts)
Net income (loss)	$	99,274	$	361,299
Less: Net income (loss) attributable to noncontrolling interests, net of tax		26,175		21,538
Net income (loss) attributable to DISH Network - Basic		73,099		339,761
Interest on dilutive Convertible Notes, net of tax (1)		—		—
Net income (loss) attributable to DISH Network - Diluted	$	73,099	$	339,761
Weighted-average common shares outstanding - Class A and B common stock:
Basic (2)		523,152		467,953
Dilutive impact of Convertible Notes		58,192		58,192
Dilutive impact of stock awards outstanding		37		74
Diluted		581,381		526,219
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	0.14	$	0.73
Diluted net income (loss) per share attributable to DISH Network	$	0.13	$	0.65

(1) For both the three months ended March 31, 2020 and 2019, materially all of our interest expense was capitalized. See Note 2 for further information.

(2) The increase resulted from the Master Transaction Agreement, as discussed in Note 13, and the stock rights offering as disclosed in our Annual Report on Form 10-K for the year ended December 31, 2019.