Dish Network 2001 Annual Report Download - page 71

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ECHOSTAR COMMUNICATIONS CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
(In thousands, except per share amounts)
See accompanying Notes to Consolidated Financial Statements.
F–6
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, 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 losses on available-for-sale
securities, net........................................................... – – – – – – (60,580) (60,580)
Net loss......................................................................... – – – – – – (650,326) (650,326)
Balance, December 31, 2000 ........................................... 474,185 4,741 –10,948 (58,193) 1,700,367 (2,315,246) (657,383)
Series C Preferred Stock dividends (at $0.84375 per
share, per quarter) .................................................... – – – – – – (337) (337)
Conversion and redemption of Series C Preferred
Stock ........................................................................ 3,592 36 – (10,948) –10,909 –(3)
Issuance of Class A Common Stock: –
Exercise of stock options........................................ 1,555 16 – – – 8,040 –8,056
Employee benefits................................................... 39 – – – – 1,173 –1,173
Employee Stock Purchase Plan.............................. 80 1 – – – 1,872 –1,873
Forfeitures of deferred non-cash, stock-based
compensation........................................................... – – – – 5,143 (12,564) –(7,421)
Deferred stock-based compensation recognized ....... – – – – 27,594 – – 27,594
Change in unrealized holding gains (losses) on
available-for-sale securities, net............................. – – – – – – 64,174 64,174
Net loss......................................................................... – – – – – – (215,498) (215,498)
Balance, December 31, 2001 ........................................... 479,451 $ 4,794 $ – $ – $(25,456) $1,709,797 $ (2,466,907) $ (777,772)