Earnings Per Share

9 Months Ended

Sep. 30, 2020

We present basic and diluted earnings or losses per share (“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 is computed using the treasury stock method based on the average market value of our Class A common stock during the period.

The following table presents the calculation of basic and diluted EPS:


	For the three months ended September 30,				For the nine months ended September 30,
	2020		2019		2020		2019
Net income (loss) attributable to EchoStar Corporation common stock:
Net income (loss) from continuing operations	$	25,440	$	(20,317)	$	(40,267)	$	(56,022)
Net income (loss) from discontinued operations	—		2,008		—		46,223
Net income (loss) attributable to EchoStar Corporation common stock	$	25,440	$	(18,309)	$	(40,267)	$	(9,799)

Weighted-average common shares outstanding:
Class A and B common stock:


Basic and diluted	98,004		97,455		97,898		96,426

Earnings (losses) per share:
Class A and B common stock:
Basic and diluted:
Continuing operations	$	0.26	$	(0.21)	$	(0.41)	$	(0.58)
Discontinued operations	—		0.02		—		0.48
Total basic and diluted earnings (losses) per share	$	0.26	$	(0.19)	$	(0.41)	$	(0.10)

The following table presents the number of anti-dilutive options to purchase shares of our Class A common stock which have been excluded from the calculation of our diluted weighted-average common shares outstanding:


	For the three months ended September 30,		For the nine months ended September 30,
	2020	2019	2020	2019
Number of shares	4,263	3,266	4,827	3,203