XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - 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:        
Services and other revenue - DISH Network $ 111,135 $ 115,127 $ 339,824 $ 347,440
Services and other revenue - other 310,973 276,280 865,817 820,149
Equipment revenue - DISH Network 126 2,138 175 7,008
Equipment revenue - other 58,999 66,501 173,644 160,081
Total revenue 481,233 460,046 1,379,460 1,334,678
Costs and Expenses:        
Cost of sales - services and other (exclusive of depreciation and amortization) 138,641 131,594 404,448 384,942
Cost of sales - equipment (exclusive of depreciation and amortization) 52,051 53,599 153,854 143,252
Selling, general and administrative expenses 91,003 80,672 263,820 240,454
Research and development expenses 8,302 9,030 23,444 23,524
Depreciation and amortization 134,822 108,549 379,939 324,743
Total costs and expenses 424,819 383,444 1,225,505 1,116,915
Operating income 56,414 76,602 153,955 217,763
Other Income (Expense):        
Interest income 12,012 6,259 30,342 13,726
Interest expense, net of amounts capitalized (55,646) (37,316) (156,498) (80,376)
Gains on investments, net 20,090 230 33,962 8,179
Other-than-temporary impairment loss on available-for-sale securities 0 0 (3,298) 0
Equity in earnings of unconsolidated affiliates, net 4,381 4,166 15,620 8,984
Other, net 4,686 364 8,211 5,531
Total other expense, net (14,477) (26,297) (71,661) (43,956)
Income from continuing operations before income taxes 41,937 50,305 82,294 173,807
Income tax provision (6,082) (17,394) (9,073) (61,258)
Net income from continuing operations 35,855 32,911 73,221 112,549
Net income (loss) from discontinued operations (654) 4,499 6,454 29,213
Net income 35,201 37,410 79,675 141,762
Less: Net income (loss) attributable to noncontrolling interest in HSS Tracking Stock 0 85 (655) (926)
Less: Net income attributable to other noncontrolling interests 532 524 1,006 946
Net income attributable to EchoStar 34,669 36,801 79,324 141,742
Less: Net income (loss) attributable to Hughes Retail Preferred Tracking Stock 0 157 (1,209) (1,709)
Net income attributable to EchoStar common stock 34,669 36,644 80,533 143,451
Net income from continuing operations 35,323 32,145 74,079 114,238
Net income (loss) from discontinued operations $ (654) $ 4,499 $ 6,454 $ 29,213
Weighted-average common shares outstanding - Class A and B common stock:        
Basic (in shares) 95,656 93,898 95,316 93,661
Diluted (in shares) 96,890 94,401 96,626 94,189
Earnings Per Share, Basic [Abstract]        
Continuing operations (in dollars per share) $ 0.37 $ 0.34 $ 0.78 $ 1.22
Discontinued operations (in dollars per share) (0.01) 0.05 0.06 0.31
Total basic earnings per share (in dollars per share) 0.36 0.39 0.84 1.53
Earnings Per Share, Diluted [Abstract]        
Continuing operations (in dollars per share) 0.36 0.34 0.77 1.21
Discontinued operations (in dollars per share) 0 0.05 0.06 0.31
Total diluted earnings per share (in dollars per share) $ 0.36 $ 0.39 $ 0.83 $ 1.52