Supplemental Financial Information

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SUPPLEMENTAL FINANCIAL INFORMATION

SUPPLEMENTAL FINANCIAL INFORMATION

Research and Development

The following table presents the research and development costs incurred in connection with customers’ orders:

	For the three months ended September 30,				For the nine months ended September 30,
	2020		2019		2020		2019
Cost of sales - equipment (exclusive of depreciation and amortization)	$	4,158	$	6,564	$	14,762	$	18,275
Research and development expenses	$	7,676	$	6,136	$	21,378	$	19,411

Cash and Cash Equivalents and Restricted Cash

The following table reconciles Cash and cash equivalents and restricted cash, as presented in the Condensed Consolidated Balance Sheets, to the total of the same as presented in the Condensed Consolidated Statements of Cash Flows:

	For the nine months ended September 30,
	2020		2019
Cash and cash equivalents, including restricted amounts, beginning of period:
Cash and cash equivalents	$	1,519,431	$	928,306
Restricted cash	2,458		1,189
Total cash and cash equivalents, included restricted amounts, beginning of period	$	1,521,889	$	929,495
Cash and cash equivalents, including restricted amounts, end of period:
Cash and cash equivalents	$	555,550	$	1,547,162
Restricted cash	8,695		16,336
Total cash and cash equivalents, included restricted amounts, end of period	$	564,245	$	1,563,498

Other Current Assets, Net and Other Non-Current Assets, Net

The following table presents the components of Other current assets, net and Other non-current assets, net:

	As of
	September 30, 2020		December 31, 2019
Other current assets, net:
Trade accounts receivable - DISH Network	$	7,079	$	10,683
Inventory	93,751		79,621
Prepaids and deposits	51,945		50,145
Contract acquisition costs, net	12,578		16,869
Other, net	27,371		22,213
Total other current assets, net	$	192,724	$	179,531
Other non-current assets, net:
Other receivables - DISH Network	$	94,116	$	92,892
Restricted marketable investment securities	845		8,093
Restricted cash	8,695		2,458
Deferred tax assets, net	9,404		7,251
Capitalized software, net	111,911		101,786
Contract acquisition costs, net	91,190		96,723
Contract fulfillment costs, net	2,625		3,010
Other, net	25,783		22,628
Total other non-current assets, net	$	344,569	$	334,841

The following table presents the activity in our allowance for doubtful accounts, which is included within Other, net in each of Other current assets, net and Other non-current assets, net in the table above:

	For the nine months ended September 30, 2020
	Other current assets, net		Other non-current assets, net
Balance at beginning of period	$	—	$	—
Credit losses (1)	1,595		13,378
Foreign currency translation	152		(606)
Balance at end of period	$	1,747	$	12,772

(1)    The impact of adopting ASC 326 on January 1, 2020 was a net increase to our allowance for doubtful accounts largely driven by a $13.4 million reclassification from Trade accounts receivables and contracts assets, net.

Accrued Expenses and Other Current Liabilities

The following table presents the components of Accrued expenses and other current liabilities:

	As of
	September 30, 2020		December 31, 2019
Accrued expenses and other current liabilities:
Trade accounts payable - DISH Network	$	1,038	$	1,923
Accrued interest	36,979		42,622
Accrued compensation	56,637		50,787
Accrued taxes	20,994		18,525
Operating lease obligation	14,509		14,651
Other	146,546		142,371
Total accrued expenses and other current liabilities	$	276,703	$	270,879

Inventory

The following table presents the components of inventory:

	As of
	September 30, 2020		December 31, 2019
Raw materials	$	6,357	$	4,240
Work-in-process	9,197		6,979
Finished goods	78,197		68,402
Total inventory	$	93,751	$	79,621

Supplemental and Non-cash Investing and Financing Activities

The following table presents the supplemental and non-cash investing and financing activities:

	For the nine months ended September 30,
	2020		2019
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	$	110,869	$	161,766
Cash paid for income taxes	$	4,503	$	2,119
Non-cash investing and financing activities:
Employee benefits paid in Class A common stock	$	6,920	$	6,654
Increase (decrease) in capital expenditures included in accounts payable, net	$	(2,304)	$	(15,083)
Non-cash net assets exchanged for BSS Transaction	$	—	$	535,211
Non-cash net assets received in exchange for a 20% ownership interest in our existing Brazilian subsidiary	$	2,824	$	—