Basic and Diluted Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Basic and Diluted Net Income (Loss) Per Share

Table presents EPS amounts for all periods and the basic and diluted weighted-average shares outstanding used in the calculation

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands, except per share amounts)
Net income (loss)	$	377,157	$	452,598	$	1,079,022	$	1,298,205
Less: Net income (loss) attributable to noncontrolling interests, net of tax		23,853		20,864		68,914		60,194
Net income (loss) attributable to DISH Network - Basic		353,304		431,734		1,010,108		1,238,011
Interest on dilutive Convertible Notes, net of tax (1)		—		—		—		—
Net income (loss) attributable to DISH Network - Diluted	$	353,304	$	431,734	$	1,010,108	$	1,238,011
Weighted-average common shares outstanding - Class A and B common stock:
Basic		477,495		467,570		471,736		467,216
Dilutive impact of Convertible Notes		58,192		58,192		58,192		58,192
Dilutive impact of stock awards outstanding		59		233		113		344
Diluted		535,746		525,995		530,041		525,752
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	0.74	$	0.92	$	2.14	$	2.65
Diluted net income (loss) per share attributable to DISH Network	$	0.66	$	0.82	$	1.91	$	2.35

(1) For both the three and nine months ended September 30, 2019 and 2018, materially all of our interest expense was capitalized. See Note 2 for further information.

Schedule of dilutive securities not included in the diluted EPS calculation

	As of September 30,
	2019	2018
	(In thousands)
Anti-dilutive stock awards	5,181	3,836
Performance based options (1)	8,418	4,722
Restricted Performance Units/Awards	1,516	1,790
Common stock warrants	46,029	46,029
Total	61,144	56,377

(1) The increase in performance based options as of September 30, 2019 primarily resulted from the issuance of stock option awards as of October 1, 2018 under a long-term, performance-based stock incentive plan adopted on August 17, 2018 (the “2019 LTIP”).