XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 3,704,516 $ 4,095,451 $ 11,573,075 $ 12,636,034
Costs and Expenses (exclusive of depreciation):        
Cost of services 2,242,319 2,382,406 6,838,688 7,194,139
Cost of sales - equipment and other 566,585 452,749 1,561,864 1,364,087
Selling, general and administrative expenses 642,621 658,531 1,878,068 1,888,184
Depreciation and amortization 294,797 174,736 806,504 519,300
Total costs and expenses 3,746,322 3,668,422 11,085,124 10,965,710
Operating income (loss) (41,806) 427,029 487,951 1,670,324
Other Income (Expense):        
Interest income 18,649 7,632 90,907 21,853
Interest expense, net of amounts capitalized (10,173) (4,848) (27,379) (15,067)
Other, net (151,497) 57,941 (120,726) 114,264
Total other income (expense) (143,021) 60,725 (57,198) 121,050
Income (loss) before income taxes (184,827) 487,754 430,753 1,791,374
Income tax (provision) benefit, net 67,988 (58,169) (81,930) (372,936)
Net income (loss) (116,839) 429,585 348,823 1,418,438
Less: Net income (loss) attributable to noncontrolling interests, net of tax 22,346 17,355 64,980 50,725
Net income (loss) attributable to DISH Network $ (139,185) $ 412,230 $ 283,843 $ 1,367,713
Weighted-average common shares outstanding - Class A and B common stock:        
Basic (in shares) 534,034 530,436 532,788 529,870
Diluted (in shares) 534,034 637,455 639,931 637,295
Earnings per share - Class A and B common stock:        
Basic net income (loss) per share attributable to DISH Network (in dollars per share) $ (0.26) $ 0.78 $ 0.53 $ 2.58
Diluted net income (loss) per share attributable to DISH Network (in dollars per share) $ (0.26) $ 0.65 $ 0.44 $ 2.15
Comprehensive Income (Loss):        
Net income (loss) $ (116,839) $ 429,585 $ 348,823 $ 1,418,438
Other comprehensive income (loss):        
Foreign currency translation adjustments 573 (1,610) 1,303 (1,653)
Unrealized holding gains (losses) on available-for-sale debt securities (230) 67 (200) 13
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss) 230   231 2
Deferred income tax (expense) benefit, net (199) 120 (358) 133
Total other comprehensive income (loss), net of tax 374 (1,423) 976 (1,505)
Comprehensive income (loss) (116,465) 428,162 349,799 1,416,933
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax 22,346 17,355 64,980 50,725
Comprehensive income (loss) attributable to DISH Network (138,811) 410,807 284,819 1,366,208
Service revenue        
Revenue:        
Total revenue 3,588,510 3,930,098 11,120,673 12,034,421
Equipment sales and other revenue        
Revenue:        
Total revenue $ 116,006 $ 165,353 $ 452,402 $ 601,613