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

12 Months Ended

Dec. 31, 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 Years Ended December 31,
	2022		2021		2020
		(In thousands, except per share amounts)
Net income (loss)	$	2,372,907	$	2,455,946	$	1,873,936
Less: Net income (loss) attributable to noncontrolling interests, net of tax		69,674		45,304		111,263
Net income (loss) attributable to DISH Network - Basic		2,303,233		2,410,642		1,762,673
Interest on dilutive Convertible Notes, net of tax (1)		—		—		—
Net income (loss) attributable to DISH Network - Diluted	$	2,303,233	$	2,410,642	$	1,762,673
Weighted-average common shares outstanding - Class A and B common stock:
Basic		530,114		527,844		524,761
Dilutive impact of Convertible Notes (2)		107,016		107,016		59,526
Dilutive impact of stock awards outstanding		160		1,203		73
Diluted		637,290		636,063		584,360
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	4.34	$	4.57	$	3.36
Diluted net income (loss) per share attributable to DISH Network	$	3.61	$	3.79	$	3.02

(1) For the years ended December 31, 2022, 2021 and 2020, substantially all of our interest expense was capitalized. See Note 2 for further information.

(2) 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 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,
	2022	2021	2020
	(In thousands)
Anti-dilutive stock awards	9,437	7,582	9,083
Performance/market based options	15,061	13,954	17,403
Restricted Performance Units/Awards	1,106	1,331	1,755
Common stock warrants	46,029	46,029	46,029
Total	71,633	68,896	74,270