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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based compensation  
Schedule of exercise prices for stock options outstanding and exercisable

Options Outstanding

Options Exercisable

    

Number
Outstanding
as of
December 31, 2019

    

Weighted-
Average
Remaining
Contractual
Life

    

Weighted-
Average
Exercise
Price 

    

Number
Exercisable
as of
December 31, 2019

    

Weighted-
Average
Remaining
Contractual
Life

    

Weighted-
Average
Exercise
Price 

 

$

10.01

-

$

20.00

616,160

0.50

$

15.39

16,160

0.50

$

15.62

$

20.01

-

$

30.00

844,483

3.47

$

26.70

125,773

3.26

$

24.00

$

30.01

-

$

40.00

7,193,563

7.96

$

35.64

1,138,849

7.51

$

35.52

$

40.01

-

$

50.00

1,567,428

7.58

$

47.50

418,000

7.09

$

47.21

$

50.01

-

$

60.00

2,262,378

6.46

$

57.52

440,952

5.66

$

56.93

$

60.01

-

$

70.00

1,216,600

6.36

$

64.19

353,100

5.62

$

65.20

$

70.01

-

$

80.00

15,000

$

72.89

15,000

$

72.89

$

-

$

80.00

13,715,612

6.91

$

41.71

2,507,834

6.54

$

44.93

Schedule of stock option activity

For the Years Ended December 31,

2019

2018

2017

    

Options

    

Weighted-
Average
Exercise
Price

    

Options

    

Weighted-
Average
Exercise
Price

    

Options

    

Weighted-
Average
Exercise
Price

 

Total options outstanding, beginning of period

14,202,039

$

42.08

8,847,734

$

43.90

7,923,009

$

36.21

Granted

    

1,538,250

$

33.44

7,494,012

$

38.41

3,468,626

$

59.66

Exercised

(714,061)

$

27.46

(267,905)

$

16.43

(514,401)

$

28.70

Forfeited and cancelled

(1,310,616)

$

43.72

(1,871,802)

$

39.67

(2,029,500)

$

44.64

Total options outstanding, end of period

13,715,612

$

41.71

14,202,039

$

42.08

8,847,734

$

43.90

Performance based options outstanding, end of period (1)

7,965,501

$

40.10

8,969,886

$

40.34

5,490,626

$

42.81

Exercisable at end of period

2,507,834

$

44.93

1,781,153

$

41.41

1,772,608

$

35.13

(1)These stock options are included in the caption “Total options outstanding, end of period.” See discussion of the 2013 LTIP, 2017 LTIP, 2019 LTIP and Other Employee Performance Awards below.

Schedule of realized tax benefits from stock awards exercised

For the Years Ended December 31,

    

2019

    

2018

    

2017

 

(In thousands)

Tax benefit from stock awards exercised

$

1,239

$

1,664

$

9,347

Schedule of aggregate intrinsic value of stock options outstanding and exercisable

As of December 31, 2019

    

Options
Outstanding

    

Options
Exercisable

 

(In thousands)

Aggregate intrinsic value

$

22,277

$

2,180

Schedule of restricted stock unit activity

For the Years Ended December 31,

2019

2018

2017

    

Restricted
Stock
Units/Awards

    

Weighted-
Average
Grant Date
Fair Value

    

Restricted
Stock
Units/Awards

    

Weighted-
Average
Grant Date
Fair Value

    

Restricted
Stock
Units/Awards

    

Weighted-
Average
Grant Date
Fair Value

 

Total restricted stock units/awards outstanding, beginning of period

    

1,760,225

$

52.15

2,484,720

$

51.16

1,336,000

$

32.11

Granted

$

$

1,871,375

$

63.87

Vested

(11,175)

$

63.49

(11,935)

$

63.49

(14,845)

$

62.58

Forfeited and cancelled

(244,680)

$

59.82

(712,560)

$

48.51

(707,810)

$

48.59

Total restricted stock units/awards outstanding, end of period

1,504,370

$

50.81

1,760,225

$

52.15

2,484,720

$

51.16

Restricted Performance Units/Awards outstanding, end of period (1)

1,483,800

$

50.64

1,726,250

$

51.92

2,435,500

$

50.91

(1)These stock units/awards are included in the caption “Total restricted stock units/awards outstanding, end of period.” See discussion of the 2013 LTIP and Other Employee Performance Awards below.
Schedule of non-cash, stock-based compensation expense recognized

For the Years Ended December 31,

Non-Cash, Stock-Based Compensation Expense Recognized (1)

    

2019

    

2018

    

2017

 

(In thousands)

2019 LTIP

$

15,300

$

3,534

$

2017 LTIP

(13,974)

3,334

10,640

2013 LTIP

(1,313)

(2,471)

(321)

Other employee performance awards

(569)

17,945

7,549

Total non-cash, stock-based compensation expense recognized for performance based awards

$

(556)

$

22,342

$

17,868

(1)“Non-Cash, Stock-Based Compensation Expense Recognized” includes forfeitures.
Schedule of awards outstanding pursuant to performance-based stock incentive plans

As of December 31, 2019

Performance Based Stock Options

    

Number of
Awards

    

Weighted-
Average
Grant Price

 

2019 LTIP

3,651,930

$

35.13

2017 LTIP

2,243,571

$

57.26

2013 LTIP

930,000

$

41.28

Other employee performance awards

1,140,000

$

21.31

Total

7,965,501

$

40.10

Restricted Performance Units/Awards

    

 

2013 LTIP

465,000

Other employee performance awards

1,018,800

Total

1,483,800

Schedule of allocated non-cash, stock-based compensation expense for all employees

For the Years Ended December 31,

    

2019

    

2018

    

2017

 

(In thousands)

Subscriber-related

$

508

$

1,150

$

1,562

Satellite and transmission

375

262

1,761

General and administrative

13,379

34,849

26,618

Total non-cash, stock-based compensation

$

14,262

$

36,261

$

29,941

Schedule of assumptions of Black-Scholes option valuation model

For the Years Ended December 31,

Stock Options

    

2019

    

2018

    

2017

 

Risk-free interest rate

1.51

%  

-

2.53

%  

2.09

%  

-

2.98

%  

1.34

%  

-

2.29

%  

Volatility factor

28.86

%  

-

32.08

%  

23.33

%  

-

30.22

%  

22.25

%  

-

26.15

%  

Expected term of options in years

4.3

-

5.5

2.8

-

5.5

3.8

-

5.5

Fair value of options granted

$

7.58

-

$

12.45

$

7.10

-

$

12.53

$

11.95

-

$

16.69

LTIP 2019, LTIP 2017, LTIP 2013 and Other  
Share-based compensation  
Schedule of unrecognized non-cash, stock-based compensation expense

Estimated Remaining Non-Cash, Stock-Based Compensation Expense

2019 LTIP

2017 LTIP

    

2013 LTIP

    

Other
Employee
Performance
Awards

 

(In thousands)

Expense estimated to be recognized during 2020

$

11,023

$

$

$

Estimated contingent expense subsequent to 2020

13,236

31,643

31,532

61,322

Total estimated remaining expense over the term of the plan

$

24,259

$

31,643

$

31,532

$

61,322