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

6 Months Ended

Jun. 30, 2023

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 Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(In thousands, except per share amounts)
Net income (loss)	$	222,424	$	540,007	$	465,662	$	988,853
Less: Net income (loss) attributable to noncontrolling interests, net of tax		22,101		17,175		42,634		33,370
Net income (loss) attributable to DISH Network - Basic		200,323		522,832		423,028		955,483
Interest on dilutive Convertible Notes, net of tax (1)		—		—		—		—
Net income (loss) attributable to DISH Network - Diluted	$	200,323	$	522,832	$	423,028	$	955,483
Weighted-average common shares outstanding - Class A and B common stock:
Basic		533,008		530,091		532,155		529,582
Dilutive impact of Convertible Notes (2)		106,190		107,016		106,601		107,016
Dilutive impact of stock awards outstanding		21		16		82		67
Diluted		639,219		637,123		638,838		636,665
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network	$	0.38	$	0.99	$	0.79	$	1.80
Diluted net income (loss) per share attributable to DISH Network	$	0.31	$	0.82	$	0.66	$	1.50

(1) For both the three and six months ended June 30, 2023 and 2022, substantially all of our interest expense was capitalized. See Note 2 for further information.

(2) Excludes all shares of our Convertible Notes repurchased during the three months ended June 30, 2023 in open market trades. See Note 9 for further information.

Schedule of anti-dilutive securities not included in the diluted EPS calculation

	As of June 30,
	2023	2022
	(In thousands)
Anti-dilutive stock awards	15,416	11,261
Performance/market based options	13,853	15,879
Restricted Performance Units/Awards	—	1,207
Common stock warrants	46,029	46,029
Total	75,298	74,376