XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities:    
Net income (loss) $ 884,164 $ 487,899
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 466,746 504,108
Realized and unrealized losses (gains) on investments 7,776 (3,701)
Non-cash, stock-based compensation 18,895 9,210
Deferred tax expense (benefit) 405,185 39,903
Other, net 3,535 10,775
Change in noncurrent assets (92,723) (1,227)
Change in long-term deferred revenue, distribution and carriage payments and other long-term liabilities (12,555) (34,131)
Changes in current assets and current liabilities, net (422,678) 103,025
Net cash flows from operating activities 1,258,345 1,115,861
Cash Flows From Investing Activities:    
Purchases of marketable investment securities (3,635,968) (3,008,617)
Sales and maturities of marketable investment securities 3,297,028 2,746,086
Purchases of property and equipment (402,744) (537,279)
Launch service assigned from EchoStar (Note 13)   (102,913)
Change in restricted cash and marketable investment securities 19,861 (3,280)
Investment in DBSD North America (1,115,960)  
Acquisition of Blockbuster, net of cash acquired of $112,804 (120,780)  
Deposit - TerreStar auction (68,750)  
Purchase of other strategic investments (9,275)  
Proceeds from sale of strategic investments 11,327 16,413
Other (770) (227)
Net cash flows from investing activities (2,026,031) (889,817)
Cash Flows From Financing Activities:    
Proceeds from issuance of long-term debt 2,000,000  
Deferred debt issuance costs (27,167)  
Repayment of long-term debt and capital lease obligations (17,600) (12,780)
Class A common stock repurchases   (14,497)
Net proceeds from Class A common stock options exercised and stock issued under the Employee Stock Purchase Plan 23,897 3,836
Other 3,930  
Net cash flows from financing activities 1,983,060 (23,441)
Effect of exchange rates on cash and cash equivalents (796)  
Net increase (decrease) in cash and cash equivalents 1,214,578 202,603
Cash and cash equivalents, beginning of period 640,672 105,844
Cash and cash equivalents, end of period 1,855,250 308,447
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest (including capitalized interest) 234,693 237,977
Capitalized interest   14,803
Cash received for interest 14,912 20,610
Cash paid for income taxes 22,062 232,059
Employee benefits paid in Class A common stock 24,768 29,127
Vendor financing   22,000
Satellites and other assets financed under capital lease obligations $ 3,583 $ 786