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EchoStar CORP (SATS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K/A10-K10-K
Total revenue  1,985.71,887.91,886.11,762.61,525.21,085.31,848.93,445.6
            Total revenue growth  5.2%0.1%7.0%15.6%40.5%-41.3%-46.3%5.0%
Costs and expenses:          
Cost of sales          
Selling, general and administrative expenses  461.7474.9509.1436.1370.5325.0318.1372.0
Research and development expenses  31.829.425.727.631.731.226.460.9
Depreciation and amortization  491.3525.0490.8457.1385.7432.9460.8556.7
Impairment of long-lived assets  0.21.7 65.210.8   
    Total costs and expenses  1,768.71,775.41,813.01,726.51,494.6789.11,575.13,117.5
    Operating income (loss)  217.0112.573.136.130.6296.2273.8328.1
            Operating margin  10.9%6.0%3.9%2.1%2.0%27.3%14.8%9.5%
   
Other income (expense):          
Interest income, net  22.840.082.480.344.621.210.49.1
Interest expense, net of amounts capitalized  -95.5-147.9-251.0-219.3-184.4-123.5-122.0-171.3
Gains (losses) on investments, net  69.5-31.328.9-12.653.59.8-6.4 
Equity in earnings (losses) of unconsolidated affiliates, net  -5.2-7.3-14.7-6.017.010.8-2.50.0
Other, net  -12.40.2-0.211.25.4-2.1-2.74.3
    Total other income (expense), net  -88.7-140.3-166.2-161.9-196.0-183.9-134.4-158.0
    Income (loss) before income taxes  128.3-27.8-93.2-125.8-32.2 139.3178.3
Income tax benefit (provision), net  -65.6-24.1-20.5-6.6155.1-80.3-51.2-30.8
    Net income (loss)  62.7-51.9-187.9-171.0393.5 149.4147.5
    Net income (loss) attributable to EchoStar Corporation common stock  72.9-40.2-62.9-40.5393.8179.9163.7165.3
   
Earnings (losses) per share - Class A and B common stock:          
Basic (in dollars per share)  $0.81($0.41)($0.65)($0.42)$4.13$181,673.00$1.77$1.81
Diluted (in dollars per share)  $0.81($0.41)($0.65)($0.42)$4.07$181,673.00$1.75$1.78

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