SUPPLEMENTAL DATA - CASH FLOW

12 Months Ended

Dec. 31, 2024

SUPPLEMENTAL DATA - CASH FLOW

SUPPLEMENTAL DATA - CASH FLOW

NOTE 3.   SUPPLEMENTAL DATA – CASH FLOW

The following table presents certain supplemental cash flow and other non-cash data. See Note 8 for supplemental cash flow and non-cash data related to leases.

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest, (including capitalized interest)	$	97,306	$	98,642	$	100,295
Cash received for interest		32,260		80,805		20,498
Cash paid for income taxes, net of refunds (1)		202,993		4,902		12,538
Capitalized interest		—		10,115		8,712
Accrued capital expenditures		4,992		15,439		5,998

(1) Our cash paid for income taxes, net of refunds, includes approximately $196 million of income taxes paid to our parent Company, EchoStar which is included in “Other current liabilities” as of December 31, 2023.

EchoStar Exchange Offer

On March 4, 2024, EchoStar commenced a tender offer to eligible employees (which excludes EchoStar’s co-founders and the non-executive/non-employee members of EchoStar’s Board of Directors) to exchange eligible stock options (which excludes the Ergen 2020 Performance Award) for new options as detailed in EchoStar’s Schedule TO Tender Offer Statement filed March 4, 2024 with the Securities and Exchange Commission (the “Exchange Offer”), to, among other things, further align employee incentives with the current market. The Exchange Offer expired on April 1, 2024 and EchoStar accepted for exchange 4 million stock options of employees of the Company. As a result of the Exchange Offer, the exercise price of approximately 3 million new stock options, affecting approximately 400 eligible employees of the Company, was adjusted to $14.04. The total incremental non-cash stock-based compensation expense resulting from the Exchange Offer was $3 million, which will be recognized over the remaining vesting period of the applicable options.

Capitalized Software Costs

The following tables present the activity related to our capitalized software cost which is included in “Other noncurrent assets, net” on our Consolidated Balance Sheets:

	As of December 31,
	2024		2023
	(In thousands)
Net carrying amount of externally marketed software	$	109,103	$	117,163
Externally marketed software under development and not yet placed into service	$	19,275	$	26,059

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Capitalized costs related to development of externally marketed software	$	24,945	$	30,164	$	23,105
Amortization expense relating to externally marketed software	$	32,792	$	29,370	$	30,965
Weighted-average useful life (in years)		3.2