Dish Network 2000 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2000 Dish Network annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

ECHOSTAR COMMUNICATIONS CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
(In thousands, except per share amounts)
See accompanying Notes to Consolidated Financial Statements.
F–5
Deferred
Stock-
Accumulated
Deficit and
Common Stock
Series A
Preferred
Series C
Preferred
Based
Compen-
Additional
Paid-In
Unrealized
Holding Gains
Shares Amt. Stock Stock Sation Capital (Losses) Total
Balance, December 31, 1997 ........................................... 358,480 $3,585 $ 19,603 $ 101,529 $ – $ 223,337 $ (437,015) $ (88,961)
Series A Preferred Stock dividends (at $0.75 per
share)........................................................................ – – 1,204 – – – (1,204) –
Series B Preferred Stock dividends payable in-kind.... – – – – – – (26,874) (26,874)
Accretion of Series C Preferred Stock......................... – – – 7,137 – – (7,137) –
Issuance of Class A Common Stock:
Exercise of stock options........................................ 1,568 16 – – – 2,480 –2,496
Employee benefits................................................... 800 8 – – – 2,283 –2,291
Employee Stock Purchase Plan.............................. 128 – – – – 371 – 371
Unrealized holding gains on available-for-sale
securities, net........................................................... – – – – – – 19 19
Net loss......................................................................... – – – – – – (260,882) (260,882)
Balance, December 31, 1998 ........................................... 360,976 3,609 20,807 108,666 –228,471 (733,093) (371,540)
Series A Preferred Stock dividends (at $0.75 per
share)........................................................................ – – 124 – – – (124) –
Retirement of Series A Preferred Stock....................... – – (20,931) – – – (70,003) (90,934)
Series B Preferred Stock dividends payable in-kind.... – – – – – – (241) (241)
Accretion of Series C Preferred Stock......................... – – – 6,335 – – (6,335) –
Series C Preferred Stock dividends (at $0.84375 per
share, per quarter) .................................................... – – – – – – (553) (553)
Conversion of Series C Preferred Stock..................... 22,832 228 – (69,567) –69,339 – –
Proceeds from Series C Preferred Stock deposit
account..................................................................... 46 – – – – 953 2 955
Issuance of Class A Common Stock:
Acquisition of Media4............................................ 1,376 14 – – – 9,593 –9,607
News Corporation and MCI transaction................ 68,824 688 – – – 1,123,632 –1,124,320
Exercise of stock options........................................ 3,868 39 – – – 7,125 –7,164
Employee benefits................................................... 556 6 – – – 3,789 –3,795
Employee Stock Purchase Plan.............................. 44 – – – – 796 – 796
Deferred stock-based compensation........................... – – – – (178,840) 178,840 – –
Deferred stock-based compensation recognized ....... – – – – 61,060 –61,060
Net loss......................................................................... – – – – – – (792,847) (792,847)
Balance, December 31, 1999 ........................................... 458,522 4,584 –45,434 (117,780) 1,622,538 (1,603,194) (48,418)
Series C Preferred Stock dividends (at $0.84375 per
share, per quarter) .................................................... – – – – – – (1,146) (1,146)
Conversion of Series C Preferred Stock..................... 11,320 113 – (34,486) –34,373 – –
Issuance of Class A Common Stock:
Acquisition of Kelly Broadcasting Systems ......... 510 5 – – – 31,551 –31,556
Exercise of stock options........................................ 3,593 36 – – – 10,973 –11,009
Employee benefits................................................... 182 2 – – – 7,282 –7,284
Employee Stock Purchase Plan.............................. 58 1 – – – 1,722 –1,723
Forfeitures of deferred non-cash, stock-based
compensation........................................................... – – – – 6,730 (8,072) –(1,342)
Deferred stock-based compensation recognized ....... – – – – 52,857 – – 52,857
Unrealized holding gains on available-for-sale
securities, net........................................................... – – – – – – (60,580) (60,580)
Net loss......................................................................... – – – – – – (621,211) (621,211)
Balance, December 31, 2000 ........................................... 474,185 $ 4,741 $ – $ 10,948 $(58,193) $1,700,367 $ (2,286,131) $(628,268)