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Segment Reporting
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
 
Operating segments are business components of an enterprise for which separate financial information is available and regularly evaluated by our chief operating decision maker (“CODM”), who is our Chief Executive Officer. We primarily operate in two business segments, Hughes and ESS, as described in Note 1. If the BSS Transaction is consummated, we will no longer operate a substantial portion of our ESS business segment.

The primary measure of segment profitability that is reported regularly to our CODM is earnings before interest, taxes, depreciation and amortization and net income (loss) attributable to noncontrolling interests, or EBITDA. Our operations also include various corporate departments (primarily Executive, Treasury, Strategic Development, Human Resources,
IT, Finance, Real Estate, Accounting and Legal) and other activities that have not been assigned to our operating segments such as costs incurred in certain satellite development programs and other business development activities, and gains or losses from certain of our investments. These activities, costs and income, as well as eliminations of intersegment transactions, are accounted for in Corporate and Other in the tables below or in the reconciliation of EBITDA below.

Total assets by segment have not been reported herein because the information is not provided to our CODM on a regular basis.
 
The following table presents revenue, EBITDA and capital expenditures for each of our operating segments (amounts in thousands):
 
 
Hughes
 
ESS
 
Corporate and Other
 
Consolidated
Total
 
 
 
 
 
 
 
 
 
For the three months ended June 30, 2019
 
 
 
 
 
 
 
 
External revenue
 
$
451,847

 
$
80,127

 
$
5,150

 
$
537,124

Intersegment revenue
 

 
834

 
(834
)
 

Total revenue
 
$
451,847

 
$
80,961

 
$
4,316

 
$
537,124

EBITDA
 
$
131,765

 
$
68,174

 
$
(12,349
)
 
$
187,590

Capital expenditures
 
$
74,090

 
$
136

 
$
33,252

 
$
107,478

 
 
 
 
 
 
 
 
 
For the three months ended June 30, 2018
 
 
 
 
 
 
 
 
External revenue
 
$
426,306

 
$
94,904

 
$
4,747

 
$
525,957

Intersegment revenue
 

 
521

 
(521
)
 

Total revenue
 
$
426,306

 
$
95,425

 
$
4,226

 
$
525,957

EBITDA
 
$
152,134

 
$
82,483

 
$
51,137

 
$
285,754

Capital expenditures
 
$
87,511

 
$
356

 
$
31,725

 
$
119,592

 
 
 
 
 
 
 
 
 
For the six months ended June 30, 2019
 
 
 
 
 
 
 
 
External revenue
 
$
897,184

 
$
160,680

 
$
10,342

 
$
1,068,206

Intersegment revenue
 

 
1,540

 
(1,540
)
 

Total revenue
 
$
897,184

 
$
162,220

 
$
8,802

 
$
1,068,206

EBITDA
 
$
292,897

 
$
136,891

 
$
(30,142
)
 
$
399,646

Capital expenditures
 
$
147,911

 
$
244

 
$
71,285

 
$
219,440

 
 
 
 
 
 
 
 
 
For the six months ended June 30, 2018
 
 
 
 
 
 
 
 
External revenue
 
$
826,765

 
$
191,127

 
$
9,857

 
$
1,027,749

Intersegment revenue
 
359

 
1,051

 
(1,410
)
 

Total revenue
 
$
827,124

 
$
192,178

 
$
8,447

 
$
1,027,749

EBITDA
 
$
288,847

 
$
166,633

 
$
(4,010
)
 
$
451,470

Capital expenditures
 
$
174,802

 
$
(76,682
)
 
$
72,454

 
$
170,574



The following table reconciles total consolidated EBITDA to reported Income (loss) before income taxes in our Condensed Consolidated Statements of Operations (amounts in thousands):
 
 
For the three months
ended June 30,
 
For the six months
ended June 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
EBITDA
 
$
187,590

 
$
285,754

 
$
399,646

 
$
451,470

Interest income and expense, net
 
(36,950
)
 
(42,281
)
 
(72,403
)
 
(89,397
)
Depreciation and amortization
 
(155,410
)
 
(148,449
)
 
(309,631
)
 
(294,003
)
Net income attributable to noncontrolling interests
 
632

 
462

 
1,438

 
842

Income (loss) before income taxes
 
$
(4,138
)
 
$
95,486

 
$
19,050

 
$
68,912