XML 73 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Reporting
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
 
Business segments are 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 operate in two business segments, Hughes and ESS, as described in Note 1. Organization and Business Activities.

The primary measure of segment profitability that is reported regularly to our CODM is earnings before interest, taxes, depreciation and amortization, net income (loss) from discontinued operations and net income (loss) attributable to non-controlling interests (“EBITDA”).

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 business segments. Capital expenditures are net of refunds and other receipts related to our property and equipment.
 
 
Hughes
 
ESS
 
Corporate and Other
 
Consolidated
Total
For the three months ended March 31, 2020
 
 
 
 
 
 
 
 
External revenue
 
$
458,482

 
$
4,367

 
$
2,817

 
$
465,666

Intersegment revenue
 

 
285

 
(285
)
 

Total revenue
 
$
458,482

 
$
4,652

 
$
2,532

 
$
465,666

 
 
 
 
 
 
 
 
 
EBITDA
 
$
154,641

 
$
2,030

 
$
(65,440
)
 
$
91,231

Capital expenditures
 
$
91,517

 
$

 
$
13,087

 
$
104,604

 
 
 
 
 
 
 
 
 
For the three months ended March 31, 2019
 
 
 
 
 
 
 
 
External revenue
 
$
445,337

 
$
3,852

 
$
5,193

 
$
454,382

Intersegment revenue
 

 
181

 
(181
)
 

Total revenue
 
$
445,337

 
$
4,033

 
$
5,012

 
$
454,382

 
 
 
 
 
 
 
 
 
EBITDA
 
$
161,132

 
$
1,729

 
$
(17,260
)
 
$
145,601

Capital expenditures
 
$
73,821

 
$

 
$
38,033

 
$
111,854


The following table reconciles Income (loss) from continuing operations before income taxes in the Condensed Consolidated Statements of Operations to EBITDA:
 
 
For the three months
ended March 31,
 
 
2020
 
2019
Income (loss) from continuing operations before income taxes
 
$
(65,229
)
 
$
(1,341
)
Interest income, net
 
(15,583
)
 
(24,429
)
Interest expense, net of amounts capitalized
 
36,233

 
53,199

Depreciation and amortization
 
132,368

 
118,978

Net loss (income) attributable to non-controlling interests
 
3,442

 
(806
)
EBITDA
 
$
91,231

 
$
145,601