Dish Network 2002 Annual Report Download - page 66

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ECHOSTAR COMMUNICATIONS CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
(In thousands, except per share amounts)
The accompanying notes are an integral part of the consolidated financial statements.
F–6
Deferred
Stock-
Accumulated
Deficit and
Common Stock
Series C
Preferred
Additional
Paid-In
Based
Compen-
Unrealized
Holding Gains
Shares Amt. Stock Capital sation (Losses) Total
Balance, December 31, 1999........................................ 458,522 $ 4,584 $ 45,434 $1,622,538 $(117,780) $(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 ...................................................... – – – (8,072) 6,730 – (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 1,700,367 (58,193) (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 ...................................................... – – – (12,564) 5,143 – (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 – 1,709,797 (25,456) (2,466,907) (777,772)
Repurchase of Series D Convertible Preferred Stock – – – – – 437,433 437,433
Issuance of Class A Common Stock:
Exercise of stock options .................................... 1,417 14 – 7,511 – – 7,525
Employee benefits............................................... – – – 3 – – 3
Employee Stock Purchase Plan ........................... 107 1 – 1,904 – – 1,905
Forfeitures of deferred non-cash, stock-based
compensation ...................................................... – – – (5,520) 1,911 – (3,609)
Deferred stock-based compensation recognized ...... – – – – 14,888 – 14,888
Reversal of deferred tax asset for book stock
compensation that exceeded the related tax
deduction............................................................. – – – (6,964) – – (6,964)
Change in unrealized holding gains (losses) on
available-for-sale securities, net .......................... – – – – – 2,603 2,603
Net loss.................................................................... – – – – – (881,650) (881,650)
Balance, December 31, 2002........................................ 480,975 $ 4,809 $ – $1,706,731 $ (8,657) $(2,908,521) $(1,205,638)