Segment Reporting

3 Months Ended

Mar. 31, 2022

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 segment and ESS segment.

The primary measure of segment profitability that is reported regularly to our CODM is earnings before interest, taxes, depreciation and amortization, 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 total revenue, capital expenditures and EBITDA for each of our business segments:

	Hughes		ESS		Corporate and Other		Consolidated Total
For the three months ended March 31, 2022
External revenue	$	494,106	$	4,276	$	3,152	$	501,534
Intersegment revenue	—		198		(198)		—
Total revenue	$	494,106	$	4,474	$	2,954	$	501,534
Capital expenditures	$	61,021	$	—	$	51,117	$	112,138
EBITDA	$	191,170	$	2,691	$	59,341	$	253,202
For the three months ended March 31, 2021
External revenue	$	475,859	$	4,001	$	2,722	$	482,582
Intersegment revenue	—		88		(88)		—
Total revenue	$	475,859	$	4,089	$	2,634	$	482,582
Capital expenditures	$	82,196	$	—	$	97,039	$	179,235
EBITDA	$	198,578	$	1,919	$	58,173	$	258,670

The following table reconciles Income (loss) before income taxes in the Consolidated Statements of Operations to EBITDA:

	For the three months ended March 31,
	2022		2021
Income (loss) before income taxes	$	121,727	$	99,719
Interest income, net	(6,422)		(5,949)
Interest expense, net of amounts capitalized	14,973		34,667
Depreciation and amortization	120,436		129,286
Net loss (income) attributable to non-controlling interests	2,488		947
EBITDA	$	253,202	$	258,670