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

12 Months Ended

Dec. 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 Years Ended December 31,
	2020		2019		2018
		(In thousands, except per share amounts)
Net income (loss)	$	1,873,936	$	1,492,569	$	1,655,491
Less: Net income (loss) attributable to noncontrolling interests, net of tax		111,263		93,057		80,400
Net income (loss) attributable to DISH Network - Basic		1,762,673		1,399,512		1,575,091
Interest on dilutive Convertible Notes, net of tax (1)		—		—		—
Net income (loss) attributable to DISH Network - Diluted	$	1,762,673	$	1,399,512	$	1,575,091
Weighted-average common shares outstanding - Class A and B common stock:
Basic (2)		524,761		479,657		467,350
Dilutive impact of Convertible Notes (3)		59,526		58,192		58,192
Dilutive impact of stock awards outstanding		73		115		290
Diluted		584,360		537,964		525,832
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	3.36	$	2.92	$	3.37
Diluted net income (loss) per share attributable to DISH Network	$	3.02	$	2.60	$	3.00

(1) For the years ended December 31, 2020, 2019 and 2018, materially all of our interest expense was capitalized. See Note 2 for further information.

(2) The 2020 increase resulted from the Master Transaction Agreement, as discussed in Note 20, and the stock rights offering as discussed in Note 13.

(3) The impact of the potential dilution from conversion of our 0% Convertible Notes due 2025, as discussed above, is included assuming conversion as of the December 21, 2020 issuance date, and is convertible into approximately 48.8 million shares of our Class A common stock.

Schedule of dilutive securities not included in the diluted EPS calculation

	As of December 31,
	2020	2019	2018
	(In thousands)
Anti-dilutive stock awards	9,083	5,471	4,377
Performance based options (1)	17,403	7,966	8,970
Restricted Performance Units/Awards	1,755	1,484	1,726
Common stock warrants	46,029	46,029	46,029
Total	74,270	60,950	61,102

(1) The increase primarily resulted from the grant of the Ergen 2020 Performance Award during the fourth quarter 2020. See Note 15 for further information.