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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ (11,158) $ 73,015
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 459,054 444,558
Equity in losses of unconsolidated affiliates, net 14,317 2,651
Amortization of debt issuance costs 4,882 5,910
(Gains) losses on investments, net (28,087) (33,524)
Stock-based compensation 7,120 7,771
Deferred tax provision 22,949 22,357
Dividend received from unconsolidated entity 2,716 5,000
Changes in current assets and current liabilities, net:    
Trade accounts receivable, net (5,439) (35,811)
Trade accounts receivable - DISH Network (28,779) 32,323
Inventory (8,661) 10,667
Other current assets (3,716) (5,569)
Trade accounts payable 18,180 2,536
Trade accounts payable - DISH Network (984) (3,342)
Accrued expenses and other 65,245 19,450
Changes in noncurrent assets and noncurrent liabilities, net 1,303 (16,123)
Other, net 24,118 12,043
Net cash flows from operating activities 533,060 543,912
Cash flows from investing activities:    
Purchases of marketable investment securities (655,265) (2,323,090)
Sales and maturities of marketable investment securities 1,988,078 1,331,225
Expenditures for property and equipment (314,861) (415,253)
Refunds and other receipts related to property and equipment 0 77,524
Expenditures for externally marketed software (21,364) (24,568)
Investment in unconsolidated entities (7,503) (991)
Dividend received from unconsolidated entity 2,284 0
Sale of investment in unconsolidated entity 0 1,558
Net cash flows from investing activities 991,369 (1,353,595)
Cash flows from financing activities:    
Repayment of debt and finance lease obligations (29,135) (27,764)
Repurchase and maturity of debt (920,923) 0
Purchase of noncontrolling interest (7,313) 0
Repayment of in-orbit incentive obligations (5,269) (4,601)
Net proceeds from Class A common stock options exercised 64,143 4,424
Net proceeds from Class A common stock issued under the Employee Stock Purchase Plan 7,724 7,428
Other, net 758 (530)
Net cash flows from financing activities (890,015) (21,043)
Effect of exchange rates on cash and cash equivalents (411) (3,449)
Net increase (decrease) in cash and cash equivalents, including restricted amounts 634,003 (834,175)
Cash and cash equivalents, including restricted amounts, beginning of period 929,495 2,432,249
Cash and cash equivalents, including restricted amounts, end of period 1,563,498 1,598,074
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 161,766 170,303
Cash paid for income taxes $ 2,119 $ 3,369