Dish Network 2006 Annual Report Download - page 89

ECHOSTAR COMMUNICATIONS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (L0SS)
(In thousands, except per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
F–4
For the Years Ended December 31,
2006 2005 2004
Revenue:
Subscriber-related revenue.............................................................................................. 9,375,519$ 7,986,394$ 6,692,949$
Equipment sales.............................................................................................................. 362,098 367,968 364,929
Other............................................................................................................................... 80,869 92,813 100,593
Total revenue............................................................................................................ 9,818,486 8,447,175 7,158,471
Costs and Expenses:
Subscriber-related expenses (exclusive of depreciation shown
below - Note 4)........................................................................................................ 4,807,872 4,095,986 3,618,259
Satellite and transmission expenses (exclusive of depreciation
shown below - Note 4)............................................................................................. 147,450 134,545 112,239
Cost of sales - equipment................................................................................................ 282,420 271,697 259,058
Cost of sales - other......................................................................................................... 7,260 23,339 33,265
Subscriber acquisition costs:
Cost of sales - subscriber promotion subsidies (exclusive of
depreciation shown below - Note 4).................................................................... 134,112 124,455 459,006
Other subscriber promotion subsidies...................................................................... 1,246,836 1,180,516 925,195
Subscriber acquisition advertising............................................................................ 215,355 187,610 143,685
Total subscriber acquisition costs................................................................................... 1,596,303 1,492,581 1,527,886
General and administrative.............................................................................................. 551,547 456,206 398,898
Tivo litigation expense ................................................................................................... 93,969 - -
Depreciation and amortization (Note 4).......................................................................... 1,114,294 805,573 505,561
Total costs and expenses.......................................................................................... 8,601,115 7,279,927 6,455,166
Operating income (loss).................................................................................................. 1,217,371 1,167,248 703,305
Other income (expense):
Interest income................................................................................................................ 126,401 43,518 42,287
Interest expense, net of amounts capitalized................................................................... (458,150) (373,844) (505,732)
Gain on insurance settlement........................................................................................... - 134,000 -
Other............................................................................................................................... 37,393 36,169 (13,482)
Total other income (expense)................................................................................... (294,356) (160,157) (476,927)
Income (loss) before income taxes.................................................................................. 923,015 1,007,091 226,378
Income tax benefit (provision), net (Note 6)................................................................... (314,743) 507,449 (11,609)
Net income (loss)............................................................................................................ 608,272$ 1,514,540$ 214,769$
Foreign currency translation adjustments........................................................................ 7,355 (927) 291
Unrealized holding gains (losses) on available-for-sale securities.................................. 61,928 (10,327) 6,284
Recognition of previously unrealized (gains) losses on
available-for-sale securities included in net income (loss)........................................... (34) (36,346) (34,148)
Deferred income tax (expense) benefit attributable to unrealized holding gains
(losses) on available-for-sale securities........................................................................ (23,405) (1,788) -
Comprehensive income (loss)......................................................................................... 654,116$ 1,465,152$ 187,196$
Basic net income (loss) available to common stockholders............................................ 608,272$ 1,514,540$ 214,769$
Diluted net income (loss) available to common stockholders (Note 2)........................... 618,106$ 1,560,688$ 214,769$
Denominator for basic net income (loss) per share - weighted-average
common shares outstanding..................................................................................... 444,743 452,118 464,053
Denominator for diluted net income (loss) per share - weighted-average
common shares outstanding..................................................................................... 452,685 484,131 467,598
Net income (loss) per share:
Basic net income (loss)................................................................................................... 1.37$ 3.35$ 0.46$
Diluted net income (loss)................................................................................................ 1.37$ 3.22$ 0.46$