DISH Network Corporation DISH Income Statement

Dish network corporation (DISH)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenue:
Equipment sales, services and other revenue - EchoStar
-	-	-	-	-	-	-	17	36	37	27	-	-
Equipment sales - EchoStar
-	-	-	-	-	-	-	-	-	-	-	11	0
Services and other revenue - EchoStar
-	-	-	-	-	-	-	-	-	-	-	25	0
Total revenue
12,807	13,621	14,391	15,212	15,225	14,643	13,904	13,181	13,074	12,640	11,664	11,617	11,090
Costs and Expenses (exclusive of depreciation shown separately below - Note 7):
Subscriber-related expenses
7,869	8,544	8,919	8,913	8,821	8,313	7,818	7,254	6,845	6,676	6,359	5,977	5,496
Satellite and transmission expenses
447	576	658	710	741	693	535	466	441	418	319	305	0
Cost of sales - equipment and other
192	145	95	133	185	107	91	97	80	76	121	169	281
Satellite and transmission expenses
-	-	-	-	-	-	-	-	39	40	33	32	180
Subscriber acquisition costs:
Cost of sales - subscriber promotion subsidies
29	50	74	143	175	255	281	267	249	175	188	167	123
Other subscriber acquisition costs
444	292	579	709	908	988	1,093	977	1,255	1,477	1,071	1,124	1,219
Subscriber acquisition advertising
519	426	550	603	579	566	467	442	-	-	279	240	226
Total subscriber acquisition costs
994	769	1,204	1,456	1,664	1,811	1,842	1,687	1,505	1,653	1,539	1,531	1,570
General and administrative expenses - EchoStar
-	-	-	-	-	-	-	-	45	47	45	53	0
General and administrative expenses
793	725	687	735	758	815	776	722	592	578	557	490	624
FCC auction expense (Note 14)
-	-	-	-	515	-	-	-	-	-	-	-	-
Litigation expense (Note 15)
-	-	295	21	20	-	-	-730	316	-225	361	-	33
Depreciation and amortization (Note 7)
630	712	817	921	963	1,077	1,054	964	912	983	940	1,000	1,329
Impairment of long-lived assets (Note 7)
-	-	145	-	125	-	437	-	-	-	-	-	-
Total costs and expenses
10,928	11,473	12,823	12,893	13,797	12,818	12,556	11,922	10,145	10,699	10,277	9,561	9,516
Operating income (loss)
1,878	2,147	1,567	2,319	1,428	1,824	1,348	1,258	2,928	1,940	1,386	2,056	1,573
Other Income (Expense):
Interest income
77	44	41	31	19	61	148	99	33	25	30	51	137
Interest expense, net of amounts capitalized
23	15	63	53	494	611	744	536	557	454	388	369	405
Other, net
11	11	104	119	281	-69	384	173	8	30	-15	-168	-55
Total other income (expense)
65	41	82	97	-193	-618	-211	-263	-515	-398	-374	-487	-323
Income (loss) before income taxes
1,944	2,189	1,650	2,416	1,235	1,205	1,136	994	2,413	1,542	1,012	1,568	1,250
Income tax (provision) benefit, net
451	533	-515	865	393	276	299	331	890	557	377	665	494
Income (loss) from continuing operations
-	-	-	-	-	-	837	662	1,522	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-47	-37	-6	-	-	-	-
Net income (loss)
1,492	1,655	2,165	1,550	842	928	789	625	1,515	984	635	902	756
Less: Net income (loss) attributable to noncontrolling interests, net of tax
93	80	66	52	39	-15	17	10	0	0	-0	-	0
Net income (loss) attributable to DISH Network
1,399	1,575	2,098	1,497	802	944	807	636	1,515	984	635	-	-
Weighted-average common shares outstanding - Class A and B common stock:
Basic (in shares)
479	467	466	464	462	460	0	450	445	445	446	448	447
Diluted (in shares)
537	525	522	484	464	462	0	452	446	446	448	460	456
Earnings per share - Class A and B common stock:
Basic net income (loss) per share from continuing operations attributable to DISH Network (in dollars per share)
-	-	-	-	-	2.05	1.87	1.49	3.41	-	-	-	-
Basic net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	2.04	-0.10	-0.08	-0.01	-	-	-	-
Basic net income (loss) per share attributable to DISH Network (in dollars per share)
2.92	3.37	4.50	3.22	1.73	2.05	1.77	1.41	3.40	2.21	1.42	2.01	1.69
Diluted net income (loss) per share from continuing operations attributable to DISH Network (in dollars per share)
-	-	-	-	-	-	1.86	1.49	3.41	-	-	-	-
Diluted net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-0.10	-0.08	-0.02	-	-	-	-
Diluted net income (loss) per share attributable to DISH Network (in dollars per share)
2.60	3.00	4.07	3.15	1.73	2.04	1.76	1.41	3.39	2.20	1.42	1.98	1.68
Comprehensive Income (Loss):
Net income (loss) attributable to DISH Network common shareholders
-	-	-	-	-	-	-	-	-	-	-	902	756
Net income (loss)
1,492	1,655	2,165	1,550	842	928	789	625	1,515	984	635	902	756
Other comprehensive income (loss):
Foreign currency translation adjustments
0	-1	1	-	-	3	1	4	-9	-13	-0	-3	8
Unrealized holding gains (losses) on available-for-sale securities
1	-0	9	3	20	-11	123	265	-13	50	133	-291	-12
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)
0	0	11	99	99	-7	148	150	-11	-3	-20	189	-4
Deferred income tax (expense) benefit, net
0	-0	-0	-35	33	-1	-9	12	-	-5	-0	10	-5
Total other comprehensive income (loss), net of tax
0	-1	0	-61	-112	0	-14	106	-11	38	-	-	-
Comprehensive income (loss)
1,493	1,653	2,165	1,489	729	929	774	732	1,504	1,022	749	787	752
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax
93	80	66	52	39	-15	-17	-10	-0	0	-0	-	0
Comprehensive income (loss) attributable to DISH Network
1,400	1,573	2,098	1,436	689	945	792	743	1,504	1,022	749	787	752
Subscriber-related revenue
Total revenue
12,616	13,456	14,260	15,033	14,953	14,495	13,764	13,064	12,972	12,543	11,538	11,455	10,690
Equipment sales and other revenue
Total revenue
191	165	130	178	271	148	140	98	65	59	97	124	399