CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
| Revenue: |
|
|
|
|
| Subscriber-related revenue |
$ 3,826,216
|
$ 3,801,416
|
$ 7,601,694
|
$ 7,494,946
|
| Equipment sales and other revenue |
10,820
|
31,009
|
22,577
|
61,707
|
| Total revenue |
3,837,036
|
3,832,425
|
7,624,271
|
7,556,653
|
| Costs and Expenses (exclusive of depreciation shown separately below - Note 8): |
|
|
|
|
| Subscriber-related expenses |
2,242,253
|
2,235,536
|
4,463,573
|
4,407,255
|
| Satellite and transmission expenses: |
|
|
|
|
| Satellite and transmission expenses |
178,893
|
194,444
|
354,538
|
381,284
|
| Cost of sales - equipment and other |
11,697
|
23,805
|
23,684
|
54,300
|
| Subscriber acquisition costs: |
|
|
|
|
| Cost of sales - subscriber promotion subsidies |
42,032
|
55,464
|
104,510
|
108,389
|
| Other subscriber acquisition costs |
181,276
|
218,396
|
373,780
|
427,572
|
| Subscriber acquisition advertising |
129,769
|
131,841
|
258,132
|
275,431
|
| Total subscriber acquisition costs |
353,077
|
405,701
|
736,422
|
811,392
|
| General and administrative expenses |
187,672
|
176,066
|
388,841
|
375,474
|
| Depreciation and amortization (Note 8) |
249,619
|
262,886
|
483,246
|
509,098
|
| Total costs and expenses |
3,223,211
|
3,298,438
|
6,450,304
|
6,538,803
|
| Operating income (loss) |
613,825
|
533,987
|
1,173,967
|
1,017,850
|
| Other Income (Expense): |
|
|
|
|
| Interest income |
8,988
|
3,616
|
12,941
|
12,110
|
| Interest expense, net of amounts capitalized |
(3,371)
|
(152,751)
|
(4,038)
|
(309,064)
|
| Other, net |
43,941
|
135,478
|
111,006
|
255,767
|
| Total other income (expense) |
49,558
|
(13,657)
|
119,909
|
(41,187)
|
| Income (loss) before income taxes |
663,383
|
520,330
|
1,293,876
|
976,663
|
| Income tax (provision) benefit, net |
(245,077)
|
(188,004)
|
(480,610)
|
(291,085)
|
| Net income (loss) |
418,306
|
332,326
|
813,266
|
685,578
|
| Less: Net income (loss) attributable to noncontrolling interests, net of tax |
7,842
|
7,903
|
13,512
|
9,670
|
| Net income (loss) attributable to DISH Network |
$ 410,464
|
$ 324,423
|
$ 799,754
|
$ 675,908
|
| Weighted-average common shares outstanding - Class A and B common stock: |
|
|
|
|
| Basic (in shares) |
464,803
|
462,929
|
464,589
|
462,512
|
| Diluted (in shares) |
465,640
|
464,635
|
465,429
|
464,400
|
| Earnings per share - Class A and B common stock: |
|
|
|
|
| Basic net income (loss) per share attributable to DISH Network (in dollars per share) |
$ 0.88
|
$ 0.70
|
$ 1.72
|
$ 1.46
|
| Diluted net income (loss) per share attributable to DISH Network (in dollars per share) |
$ 0.88
|
$ 0.70
|
$ 1.72
|
$ 1.46
|
| Comprehensive Income (Loss): |
|
|
|
|
| Net income (loss) |
$ 418,306
|
$ 332,326
|
$ 813,266
|
$ 685,578
|
| Other comprehensive income (loss): |
|
|
|
|
| Unrealized holding gains (losses) on available-for-sale securities |
2,497
|
39,405
|
(104)
|
46,827
|
| Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss) |
(28,953)
|
(34,310)
|
(93,643)
|
(93,797)
|
| Deferred income tax (expense) benefit, net |
9,239
|
(1,961)
|
34,156
|
(45,372)
|
| Total other comprehensive income (loss), net of tax |
(17,217)
|
3,134
|
(59,591)
|
(92,342)
|
| Comprehensive income (loss) |
401,089
|
335,460
|
753,675
|
593,236
|
| Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax |
7,842
|
7,903
|
13,512
|
9,670
|
| Comprehensive income (loss) attributable to DISH Network |
$ 393,247
|
$ 327,557
|
$ 740,163
|
$ 583,566
|