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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 73,015 $ 79,675
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 444,558 391,598
Equity in (earnings) losses of unconsolidated affiliates, net 2,651 (14,461)
Amortization of debt issuance costs 5,910 5,479
Gains and losses on investments, net (33,524) (30,664)
Stock-based compensation 7,771 7,169
Deferred tax provision 22,357 7,924
Dividends received from unconsolidated entity 5,000 15,000
Proceeds from sale of trading securities 0 8,922
Changes in current assets and current liabilities, net:    
Trade accounts receivable, net (35,811) 5,088
Trade accounts receivable - DISH Network 32,323 225,963
Inventory 10,667 (26,231)
Other current assets (5,569) (11,392)
Trade accounts payable 2,536 (64,553)
Trade accounts payable - DISH Network (3,342) 2,534
Accrued expenses and other 19,450 13,268
Changes in noncurrent assets and noncurrent liabilities, net (16,123) (23,474)
Other, net 12,043 91
Net cash flows from operating activities 543,912 591,936
Cash flows from investing activities:    
Purchases of marketable investment securities (2,323,090) (319,912)
Sales and maturities of marketable investment securities 1,331,225 375,890
Expenditures for property and equipment (415,253) (422,661)
Refunds and other receipts related to property and equipment 77,524 0
Sale of investment in unconsolidated entity 1,558 17,781
Expenditures for externally marketed software (24,568) (25,447)
Other (991) 0
Net cash flows from investing activities (1,353,595) (374,349)
Cash flows from financing activities:    
Repayment of debt and capital lease obligations (27,764) (26,394)
Net proceeds from Class A common stock options exercised 4,424 33,156
Net proceeds from Class A common stock issued under the Employee Stock Purchase Plan 7,428 6,938
Cash exchanged for Tracking Stock (Note 1) 0 (651)
Repayment of in-orbit incentive obligations (4,601) (4,583)
Other, net (530) 201
Net cash flows from financing activities (21,043) 8,667
Effect of exchange rates on cash and cash equivalents (3,449) 1,014
Net increase (decrease) in cash and cash equivalents, including restricted amounts (834,175) 227,268
Cash and cash equivalents, including restricted amounts, beginning of period 2,432,249 2,571,866
Cash and cash equivalents, including restricted amounts, end of period 1,598,074 2,799,134
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 170,303 137,955
Cash paid for income taxes $ 3,369 $ 10,071