Earnings Per Share

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE

We present basic earnings or losses per share (“EPS”) and diluted EPS for our Class A and Class B common stock. Basic EPS for our Class A and Class B common stock excludes potential dilution and is computed by dividing Net income (loss) attributable to EchoStar Corporation common stock by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if shares of common stock were issued pursuant to our stock-based compensation awards. The potential dilution from common stock awards was computed using the treasury stock method based on the average market value of our Class A common stock during the period. The calculation of our diluted weighted-average common shares outstanding excluded options to purchase shares of our Class A common stock, whose effect would be anti-dilutive, of 1 million and 4 million shares for the years ended December 31, 2017 and 2016, respectively.

The following table presents basic and diluted EPS amounts for all periods and the corresponding weighted-average shares outstanding used in the calculations.



	For the years ended December 31,
	2018			2017		2016
	(In thousands, except per share amounts)
Amounts attributable to EchoStar Corporation common stock:
Net income from continuing operations	$	(40,475	)	$	385,261	$	137,353
Net income from discontinued operations	—			8,509		44,320
Net income (loss) attributable to EchoStar Corporation common stock	$	(40,475	)	$	393,770	$	181,673

Weighted-average common shares outstanding:
Basic	96,250			95,425		93,795
Dilutive impact of stock awards outstanding	—			1,316		615
Diluted	96,250			96,741		94,410

Earnings per share:
Basic:
Continuing operations	$	(0.42	)	$	4.04	$	1.46
Discontinued operations	—			0.09		0.48
Total basic earnings (loss) per share	$	(0.42	)	$	4.13	$	1.94
Diluted:
Continuing operations	$	(0.42	)	$	3.98	$	1.45
Discontinued operations	—			0.09		0.47
Total diluted earnings (loss) per share	$	(0.42	)	$	4.07	$	1.92