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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Total revenue $ 3,952,751 $ 4,356,462 $ 7,967,594 $ 8,744,128
Costs and Expenses (exclusive of depreciation and amortization):        
Cost of services 2,507,478 2,391,540 5,064,660 4,854,140
Cost of sales - equipment and other 408,093 583,498 771,176 1,103,558
Selling, general and administrative expenses 595,024 758,562 1,219,446 1,459,334
Depreciation and amortization 507,525 370,633 992,925 718,387
Impairment of long-lived assets and goodwill       3,142
Total costs and expenses 4,018,120 4,104,233 8,048,207 8,138,561
Operating income (loss) (65,369) 252,229 (80,613) 605,567
Other Income (Expense):        
Interest income, net 13,929 54,308 44,391 122,494
Interest expense, net of amounts capitalized (Note 2) (81,166) (21,648) (180,574) (41,681)
Other, net (Note 5) (91,498) 34,068 (117,608) (693)
Total other income (expense) (158,735) 66,728 (253,791) 80,120
Income (loss) before income taxes (224,104) 318,957 (334,404) 685,687
Income tax (provision) benefit, net 16,646 (86,265) 18,571 (180,150)
Net income (loss) (207,458) 232,692 (315,833) 505,537
Less: Net income (loss) attributable to noncontrolling interests, net of tax (1,867) 20,030 (2,866) 39,341
Net income (loss) attributable to EchoStar $ (205,591) $ 212,662 $ (312,967) $ 466,196
Weighted-average common shares outstanding - Class A and B common stock:        
Basic (in shares) 271,592 270,818 271,555 270,328
Diluted (in shares) 271,592 308,375 271,555 307,948
Earnings per share - Class A and B common stock:        
Basic net income (loss) per share attributable to EchoStar (In dollar per share) $ (0.76) $ 0.79 $ (1.15) $ 1.72
Diluted net income (loss) per share attributable to EchoStar (In dollar per share) $ (0.76) $ 0.69 $ (1.15) $ 1.51
Comprehensive Income (Loss):        
Net income (loss) $ (207,458) $ 232,692 $ (315,833) $ 505,537
Other comprehensive income (loss):        
Foreign currency translation adjustments (17,695) 12,917 (23,286) 21,041
Unrealized holding gains (losses) on available-for-sale debt securities (20) 2,776 1,432 2,536
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)   2 (1,528) 1
Deferred income tax (expense) benefit, net (29) (624) (29) (750)
Total other comprehensive income (loss), net of tax (17,744) 15,071 (23,411) 22,828
Comprehensive income (loss) (225,202) 247,763 (339,244) 528,365
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax (5,089) 21,923 (7,207) 43,203
Comprehensive income (loss) attributable to EchoStar (220,113) 225,840 (332,037) 485,162
Service and other revenue        
Revenue:        
Total revenue 3,742,086 4,088,513 7,561,755 8,269,234
Equipment sales and other revenue        
Revenue:        
Total revenue $ 210,665 $ 267,949 $ 405,839 $ 474,894