Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases

Summary of the components of lease expense

	For the Three Months Ended
	March 31,
	2022		2021
	(In thousands)
Operating lease cost (1)	$	40,376	$	60,023
Short-term lease cost (1)(2)		16,330		4,236
Finance lease cost:
Amortization of right-of-use assets		12,465		12,374
Interest on lease liabilities		2,534		3,716
Total finance lease cost		14,999		16,090
Total lease costs	$	71,705	$	80,349

(1) The decrease in operating lease cost primarily related to the QuetzSat-1 lease, which expired in November 2021. In addition, our EchoStar XI and EchoStar X satellites were reclassified to “Short-term lease costs.”

(2) Leases that have terms of 12 months or less.

Summary of Supplemental cash flow information related to leases

	For the Three Months Ended
	March 31,
	2022		2021
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	39,163	$	59,178
Operating cash flows from finance leases	$	2,472	$	3,652
Financing cash flows from finance leases	$	10,170	$	12,580
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	15,792	$	7,417
Finance leases	$	—	$	—

Summary of supplemental balance sheet information related to leases

	As of
	March 31,		December 31,
	2022		2021
	(In thousands)
Operating Leases:
Operating lease assets	$	188,927	$	220,089
Other current liabilities	$	125,818	$	139,492
Operating lease liabilities		67,450		83,725
Total operating lease liabilities	$	193,268	$	223,217
Finance Leases:
Property and equipment, gross	$	399,126	$	399,126
Accumulated depreciation		(313,034)		(300,569)
Property and equipment, net	$	86,092	$	98,557
Other current liabilities	$	39,024	$	39,957
Other long-term liabilities		59,970		69,207
Total finance lease liabilities	$	98,994	$	109,164
Weighted Average Remaining Lease Term:
Operating leases		3.0 years		3.0 years
Finance leases		2.5 years		2.6 years
Weighted Average Discount Rate:
Operating leases		8.1%		8.2%
Finance leases		10.0%		9.9%

Summary of maturities of operating lease liabilities

	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total
	(In thousands)
2022 (remaining nine months)	$	112,844	$	35,839	$	148,683
2023		42,266		42,950		85,216
2024		18,623		32,147		50,770
2025		10,063		—		10,063
2026		7,214		—		7,214
Thereafter		28,861		—		28,861
Total lease payments		219,871		110,936		330,807
Less: Imputed interest		(26,603)		(11,942)		(38,545)
Total		193,268		98,994		292,262
Less: Current portion		(125,818)		(39,024)		(164,842)
Long-term portion of lease obligations	$	67,450	$	59,970	$	127,420

Summary of maturities of finance lease liabilities

	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total
	(In thousands)
2022 (remaining nine months)	$	112,844	$	35,839	$	148,683
2023		42,266		42,950		85,216
2024		18,623		32,147		50,770
2025		10,063		—		10,063
2026		7,214		—		7,214
Thereafter		28,861		—		28,861
Total lease payments		219,871		110,936		330,807
Less: Imputed interest		(26,603)		(11,942)		(38,545)
Total		193,268		98,994		292,262
Less: Current portion		(125,818)		(39,024)		(164,842)
Long-term portion of lease obligations	$	67,450	$	59,970	$	127,420