Segment Reporting

9 Months Ended

Sep. 30, 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 September 30, 2020
External revenue	$	466,762	$	4,121	$	2,619	$	473,502
Intersegment revenue	—		281		(281)		—
Total revenue	$	466,762	$	4,402	$	2,338	$	473,502
EBITDA	$	190,016	$	2,274	$	(3,475)	$	188,815
Capital expenditures	$	88,848	$	41	$	9,248	$	98,137
For the three months ended September 30, 2019
External revenue	$	463,735	$	3,772	$	4,755	$	472,262
Intersegment revenue	—		326		(326)		—
Total revenue	$	463,735	$	4,098	$	4,429	$	472,262
EBITDA	$	155,940	$	1,791	$	(17,968)	$	139,763
Capital expenditures	$	76,572	$	—	$	18,583	$	95,155
For the nine months ended September 30, 2020
External revenue	$	1,378,416	$	12,274	$	7,944	$	1,398,634
Intersegment revenue	—		959		(959)		—
Total revenue	$	1,378,416	$	13,233	$	6,985	$	1,398,634
EBITDA	$	531,276	$	5,847	$	(100,253)	$	436,870
Capital expenditures	$	263,844	$	41	$	31,156	$	295,041
For the nine months ended September 30, 2019
External revenue	$	1,360,919	$	11,058	$	15,098	$	1,387,075
Intersegment revenue	—		815		(815)		—
Total revenue	$	1,360,919	$	11,873	$	14,283	$	1,387,075
EBITDA	$	448,837	$	5,006	$	(43,643)	$	410,200
Capital expenditures	$	224,483	$	—	$	89,868	$	314,351

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 September 30,				For the nine months ended September 30,
	2020		2019		2020		2019
Income (loss) from continuing operations before income taxes	$	26,223	$	(18,098)	$	(42,998)	$	(44,774)
Interest income, net	(7,364)		(17,175)		(33,707)		(64,817)
Interest expense, net of amounts capitalized	37,967		49,865		112,458		156,813
Depreciation and amortization	129,822		122,374		392,077		361,619
Net loss (income) attributable to non-controlling interests	2,167		2,797		9,040		1,359
EBITDA	$	188,815	$	139,763	$	436,870	$	410,200