Segment Reporting

6 Months Ended

Jun. 30, 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 June 30, 2022
External revenue	$	491,841	$	4,502	$	2,973	$	499,316
Intersegment revenue	—		348		(348)		—
Total revenue	$	491,841	$	4,850	$	2,625	$	499,316
Capital expenditures	$	64,861	$	—	$	10,918	$	75,779
EBITDA	$	179,928	$	3,521	$	(42,401)	$	141,048
For the three months ended June 30, 2021
External revenue	$	492,276	$	4,195	$	3,363	$	499,834
Intersegment revenue	—		88		(88)		—
Total revenue	$	492,276	$	4,283	$	3,275	$	499,834
Capital expenditures	$	72,187	$	—	$	11,045	$	83,232
EBITDA	$	210,194	$	2,243	$	(11,380)	$	201,057

	Hughes		ESS		Corporate and Other		Consolidated Total
For the six months ended June 30, 2022
External revenue	$	985,947	$	8,778	$	6,125	$	1,000,850
Intersegment revenue	—		546		(546)		—
Total revenue	$	985,947	$	9,324	$	5,579	$	1,000,850
Capital expenditures	$	125,882	$	—	$	62,035	$	187,917
EBITDA	$	371,098	$	6,212	$	16,940	$	394,250
For the six months ended June 30, 2021
External revenue	$	968,136	$	8,196	$	6,084	$	982,416
Intersegment revenue	—		176		(176)		—
Total revenue	$	968,136	$	8,372	$	5,908	$	982,416
Capital expenditures	$	154,382	$	—	$	108,084	$	262,466
EBITDA	$	408,772	$	4,162	$	46,793	$	459,727

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

	For the three months ended June 30,				For the six months ended June 30,
	2022		2021		2022		2021
Income (loss) before income taxes	$	15,863	$	56,167	$	137,590	$	155,886
Interest income, net	(9,072)		(5,240)		(15,494)		(11,189)
Interest expense, net of amounts capitalized	14,307		28,868		29,280		63,535
Depreciation and amortization	116,555		118,982		236,991		248,268
Net loss (income) attributable to non-controlling interests	3,395		2,280		5,883		3,227
EBITDA	$	141,048	$	201,057	$	394,250	$	459,727