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

9 Months Ended

Sep. 30, 2022

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,
	2022		2021		2022		2021
	(In thousands, except per share amounts)
Net income (loss)	$	429,585	$	567,520	$	1,418,438	$	1,890,534
Less: Net income (loss) attributable to noncontrolling interests, net of tax		17,355		10,478		50,725		32,221
Net income (loss) attributable to DISH Network - Basic		412,230		557,042		1,367,713		1,858,313
Interest on dilutive Convertible Notes, net of tax (1)		—		—		—		—
Net income (loss) attributable to DISH Network - Diluted	$	412,230	$	557,042	$	1,367,713	$	1,858,313
Weighted-average common shares outstanding - Class A and B common stock:
Basic		530,436		528,229		529,870		527,503
Dilutive impact of Convertible Notes		107,016		107,016		107,016		107,016
Dilutive impact of stock awards outstanding		3		1,195		409		699
Diluted		637,455		636,440		637,295		635,218
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	0.78	$	1.05	$	2.58	$	3.52
Diluted net income (loss) per share attributable to DISH Network	$	0.65	$	0.88	$	2.15	$	2.93

(1) For both the three and nine months ended September 30, 2022 and 2021, substantially all of our interest expense was capitalized. See Note 2 for further information.

Schedule of anti-dilutive securities not included in the diluted EPS calculation

	As of September 30,
	2022	2021
	(In thousands)
Anti-dilutive stock awards	8,435	6,898
Performance/market based options	15,508	15,425
Restricted Performance Units/Awards	1,146	1,402
Common stock warrants	46,029	46,029
Total	71,118	69,754