Dish Network 1998 Annual Report Download - page 80

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ECHOSTAR COMMUNICATIONS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – Continued
F–33
Geographic Information
United States Europe
Other
International Total
1996
Total revenue*.................................... $ 161,409 $ 26,984 $ 10,508 $ 198,901
Long-lived assets ................................ 661,952 1,103 233 663,288
1997
Total revenue*.................................... $ 447,977 $ 20,592 $ 8,849 $ 477,418
Long-lived assets ................................ 972,909 1,217 121 974,247
1998
Total revenue*.................................... $ 964,503 $ 18,163 $ – $ 982,666
Long-lived assets ................................ 978,850 1,498 –980,348
* Revenues are attributed to geographic regions based upon the location from which the sale originated.
Transactions with Major Customers
During 1998, export sales to two customers together totaled $210 million and accounted for approximately
21% of EchoStar’s total revenue. Revenues for these customers are included within the EchoStar Technologies
Corporation business unit. Complete or partial loss of one or both of these customers would have a material adverse
effect on EchoStar’s results of operations.
13. Valuation and Qualifying Accounts
EchoStar’s valuation and qualifying accounts as of December 31, 1996, 1997 and 1998 are as follows (in
thousands):
Balance at
Beginning of
Year
Charged to
Costs and
Expenses Deductions
Balance at
End of Year
Year ended December 31, 1996:
Assets:
Allowance for doubtful accounts................ $ 1,106 $ 2,340 $ (1,952) $ 1,494
Loan loss reserve ...................................... 78 660 (94) 644
Reserve for inventory ................................ 2,797 4,304 (1,438) 5,663
Liabilities:
Reserve for warranty costs and other .......... 1,105 (342) –763
Year ended December 31, 1997:
Assets:
Allowance for doubtful accounts................ $ 1,494 $ 4,343 $ (4,490) $ 1,347
Loan loss reserve ...................................... 644 714 (104) 1,254
Reserve for inventory ................................ 5,663 1,650 (3,473) 3,840
Liabilities:
Reserve for warranty costs and other .......... 763 –(53) 710
Year ended December 31, 1998:
Assets:
Allowance for doubtful accounts................ $ 1,347 $ 10,692 $ (9,043) $ 2,996
Loan loss reserve ...................................... 1,254 858 (101) 2,011
Reserve for inventory ................................ 3,840 1,744 (403) 5,181
Liabilities:
Reserve for warranty costs and other .......... 710 –(435) 275