DISH Network Corporation DISH Income Statement

Dish network corporation (DISH)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue:
Equipment sales, services and other revenue - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	16	15	-	16	8	2	1	4	5	6	7	11	8	9	-	10	11	-	-	-	-	-	-	-
Equipment sales - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1	2	2	2	3
Services and other revenue - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	4	3	5	6	7
Total revenue
3,217	3,240	3,168	3,211	3,187	3,306	3,395	3,460	3,458	3,483	3,583	3,643	3,680	3,752	3,767	3,864	3,827	3,935	3,733	3,832	3,724	3,681	3,679	3,688	3,594	3,538	3,505	3,485	3,375	2,504	3,523	3,571	3,581	2,657	3,602	3,590	3,224	3,206	3,207	3,169	3,057	2,962	2,892	2,903	2,905	2,936	2,914
Costs and Expenses (exclusive of depreciation shown separately below - Note 7):
Subscriber-related expenses
1,960	1,928	1,934	2,000	2,005	2,076	2,123	2,159	2,184	2,196	2,237	2,242	2,243	2,208	2,225	2,249	2,230	2,232	2,182	2,235	2,171	2,007	2,132	2,104	2,069	2,005	1,976	1,924	1,911	1,861	1,808	1,823	1,761	1,720	1,702	1,728	1,693	1,703	1,684	1,648	1,639	1,653	1,623	1,532	1,550	1,534	1,423
Satellite and transmission expenses
74	78	92	138	139	140	136	146	153	157	160	163	176	186	179	175	168	164	195	194	186	181	181	180	149	145	141	135	112	144	104	107	109	108	108	115	108	102	107	107	101	72	78	87	80	76	77
Cost of sales - equipment and other
41	45	55	51	40	37	40	36	31	23	21	22	27	42	22	28	40	112	18	23	30	25	24	30	27	22	25	21	21	-295	120	130	142	-181	150	89	22	22	14	22	16	24	28	27	40	69	30
Satellite and transmission expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-	10	9	11	10	9	9	10	10	10	10	9	8	8	8	7	7	7
Subscriber acquisition costs:
Cost of sales - subscriber promotion subsidies
8	12	7	3	6	17	7	9	15	14	15	22	21	14	35	38	55	15	52	55	52	66	58	68	62	66	69	67	77	63	67	51	84	63	69	62	54	51	57	39	26	36	56	71	24	53	32
Other subscriber acquisition costs
113	119	136	108	80	73	73	68	77	146	155	134	141	152	183	181	192	230	250	218	209	218	264	253	252	270	313	242	267	-80	387	355	314	582	234	211	226	611	286	266	313	295	310	248	217	310	297
Subscriber acquisition advertising
131	145	141	126	106	112	105	105	103	158	147	118	127	161	184	129	128	150	153	131	143	134	163	134	133	110	113	124	118	-	-	-	-	-	91	67	73	-	103	99	71	87	72	68	50	73	41
Total subscriber acquisition costs
253	276	285	238	193	203	186	183	196	319	318	275	290	327	402	349	376	396	456	405	405	419	486	456	449	448	496	434	463	425	455	406	399	412	394	342	354	389	446	405	412	419	439	388	292	437	371
General and administrative expenses - EchoStar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	20	14	12	5	14	13	11	12	12	11	11	10	11	12	11	14	12
General and administrative expenses
218	215	176	202	198	195	169	190	169	189	186	179	131	162	190	182	201	196	186	176	199	226	196	189	203	228	191	202	154	-264	309	312	364	-238	368	312	149	152	143	143	139	141	146	143	125	133	122
Litigation expense (Note 15)
-	-	-	-	-	-	-	-	-	-	-	295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-730	-	-	0	633	23	-340	-377	91	30	30	32	131	196	0	0	0
Depreciation and amortization (Note 7)
166	173	154	149	153	171	175	172	192	191	209	211	204	230	223	239	227	202	252	262	246	286	269	271	249	266	253	304	230	221	235	299	208	216	229	237	229	236	242	264	239	243	228	245	223	245	248
Impairment of long-lived assets (Note 7)
356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
3,073	2,717	2,699	2,780	2,730	2,824	2,832	2,888	2,928	3,224	3,134	3,391	3,073	3,179	3,244	3,224	3,244	3,966	3,291	3,298	3,240	3,146	3,290	3,233	3,147	3,087	3,084	3,460	2,923	2,013	3,796	3,103	3,009	2,054	2,977	2,872	2,240	2,703	2,753	2,643	2,600	2,608	2,697	2,640	2,330	2,518	2,294
Operating income (loss)
144	522	468	430	456	482	562	572	529	259	449	252	607	572	522	640	583	-31	441	533	483	534	388	454	446	450	420	25	451	490	-273	468	572	603	624	717	983	503	454	525	456	354	194	262	574	417	620
Other Income (Expense):
Interest income
14	11	32	18	15	14	10	10	9	7	7	12	14	10	7	8	3	4	3	3	8	15	14	18	14	27	39	43	37	37	34	20	7	10	8	8	6	6	6	6	5	6	7	11	4	16	13
Interest expense, net of amounts capitalized
15	6	6	5	5	3	5	2	2	3	4	26	29	29	19	3	0	42	142	152	156	139	143	152	175	179	189	214	161	145	143	109	138	138	155	143	120	118	108	114	112	114	98	91	83	101	93
Other, net
1	1	-1	2	9	-0	25	21	-34	56	40	3	4	2	4	45	66	-3	28	135	120	-16	-56	8	-5	166	110	96	11	1	69	-7	110	-3	20	-19	11	7	22	-3	4	26	-1	-44	4	-106	-11
Total other income (expense)
0	6	24	15	18	10	30	29	-28	59	43	-10	-10	-15	-7	50	70	-41	-110	-13	-27	-140	-185	-125	-167	14	-38	-74	-112	-106	-39	-96	-20	-132	-126	-154	-102	-103	-80	-112	-102	-81	-93	-124	-74	-191	-91
Income (loss) before income taxes
144	529	493	446	474	492	593	601	501	319	492	241	597	557	514	691	653	-72	330	520	456	394	203	329	279	465	381	-49	338	384	-312	371	551	470	498	563	881	399	374	413	354	273	101	138	499	226	529
Income tax (provision) benefit, net
45	115	116	105	113	135	140	141	115	-1,082	176	182	207	189	181	253	241	-26	128	188	103	-13	60	121	108	175	38	-40	126	143	-149	146	191	151	179	228	331	147	129	156	123	94	20	75	186	134	193
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	207	170	290	343	-8	212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-32	-6	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
99	413	377	340	361	357	452	460	385	1,401	315	58	390	367	332	438	411	-46	202	332	353	407	143	207	170	283	310	-15	210	203	-163	225	360	312	318	334	549	251	244	256	230	178	80	63	312	91	335
Less: Net income (loss) attributable to noncontrolling interests, net of tax
26	24	23	23	21	20	20	21	17	15	17	18	14	12	14	13	12	39	6	-7	1	-12	-2	-6	5	4	3	4	4	16	-4	-0	-0	0	-0	0	-0	0	0	-0	-0	-	-0	-	0	0	-
Net income (loss) attributable to DISH Network
73	389	353	317	339	337	431	438	367	1,385	297	40	375	355	318	424	399	-70	196	324	351	409	145	213	175	288	314	-11	215	209	-158	225	360	312	319	334	549	-	244	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding - Class A and B common stock:
Basic (in shares)
523	503	477	469	467	467	467	467	466	466	466	466	465	465	464	464	464	1,850	0	0	0	921	0	459	458	-1,364	457	455	453	452	451	450	447	446	446	445	443	443	445	447	446	447	446	446	446	449	449
Diluted (in shares)
581	561	535	527	526	526	525	525	525	583	525	466	514	512	492	465	465	1,857	0	0	0	927	0	462	461	-1,370	460	455	456	457	451	453	449	443	447	447	448	443	446	448	447	451	447	447	448	460	460
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)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64	0.76	-0.01	0.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income (loss) per share attributable to DISH Network (in dollars per share)
0.14	0.77	0.74	0.68	0.73	0.72	0.92	0.94	0.79	2.96	0.64	0.09	0.81	0.77	0.68	0.91	0.86	-0.15	0.42	0.70	0.76	0.89	0.32	0.46	0.38	0.62	0.69	-0.02	0.48	0.45	-0.35	0.50	0.81	0.69	0.72	0.75	1.24	0.57	0.55	0.57	0.52	0.40	0.18	0.14	0.70	0.20	0.75
Diluted net income (loss) per share from continuing operations attributable to DISH Network (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64	0.75	-0.01	0.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.07	-0.01	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per share attributable to DISH Network (in dollars per share)
0.13	0.69	0.66	0.60	0.65	0.65	0.82	0.83	0.70	2.65	0.57	0.09	0.76	0.71	0.67	0.91	0.86	-0.15	0.42	0.70	0.76	0.89	0.31	0.46	0.38	0.63	0.68	-0.02	0.47	0.46	-0.35	0.50	0.80	0.71	0.71	0.75	1.22	0.56	0.55	0.57	0.52	0.40	0.18	0.14	0.70	0.20	0.73
Comprehensive Income (Loss):
Net income (loss) attributable to DISH Network common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	256	230	-	80	63	312	91	-
Net income (loss)
99	413	377	340	361	357	452	460	385	1,401	315	58	390	367	332	438	411	-46	202	332	353	407	143	207	170	283	310	-15	210	203	-163	225	360	312	318	334	549	251	244	256	230	178	80	63	312	91	335
Other comprehensive income (loss):
Foreign currency translation adjustments
0	0	-0	0	0	0	-1	-0	0	-0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	3	0	-4	2	2	-1	3	-1	3	-	-0	-6	-	-	-13	-	-	0	0	0	-0	-1	0
Unrealized holding gains (losses) on available-for-sale securities
-0	-0	-0	0	1	-0	0	0	0	2	0	0	6	3	0	2	-2	-10	-15	39	7	7	-38	9	9	45	40	19	17	142	141	-69	51	25	-132	25	67	36	17	-21	18	33	55	59	-14	-170	-10
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)
-	-	0	0	-	0	0	0	0	10	0	0	0	2	2	28	64	5	0	34	59	-5	-1	0	-0	94	49	6	-1	165	68	-3	-80	-13	-0	-4	6	-4	1	-0	-0	-25	-0	7	-1	148	0
Deferred income tax (expense) benefit, net
-0	-0	-0	0	0	-0	0	0	0	-3	0	0	2	0	-0	-9	-24	-6	-5	1	43	4	-13	3	3	-17	-3	4	6	-	-	-	-	-	-	-	-	-	-5	-	-	0	0	0	-0	29	1
Total other comprehensive income (loss), net of tax
0	0	-0	0	0	-0	-1	-0	0	-5	0	0	4	0	-1	-17	-42	-10	-9	3	-95	7	-23	5	10	-31	-9	10	14	130	76	-74	-26	37	-133	23	61	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
99	413	376	340	362	356	451	459	385	1,396	315	59	394	367	331	420	369	-56	192	335	257	415	119	212	181	251	301	-4	225	334	-86	151	333	349	185	357	610	283	255	234	248	186	136	129	296	39	323
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax
26	24	23	23	21	20	20	21	17	15	17	18	14	12	14	13	12	23	6	7	1	-2	-2	-6	-5	-4	-3	-4	-4	-5	-4	-0	-0	-0	-0	0	-0	0	0	-0	-0	-	-0	-	0	0	-
Comprehensive income (loss) attributable to DISH Network
73	389	352	317	340	336	430	438	368	1,380	297	40	379	355	316	406	357	-80	186	327	256	417	122	219	186	256	305	-0	230	340	-81	151	333	349	186	357	610	283	255	234	248	186	136	129	296	39	-
Subscriber-related revenue
Total revenue
3,166	3,188	3,117	3,162	3,147	3,264	3,349	3,419	3,422	3,450	3,551	3,614	3,644	3,700	3,731	3,826	3,775	3,754	3,704	3,801	3,693	3,645	3,647	3,645	3,556	3,500	3,463	3,452	3,348	3,277	3,267	3,295	3,224	3,232	3,229	3,311	3,199	3,180	3,185	3,141	3,036	2,933	2,862	2,878	2,864	2,886	2,875
Equipment sales and other revenue
Total revenue
51	51	51	48	39	42	45	41	35	32	32	29	36	52	35	38	51	180	29	31	30	83	16	26	22	65	25	24	25	-774	251	270	350	-582	362	270	16	17	11	16	13	22	23	19	32	41	28