Dish Network 2010 Annual Report Download - page 90

DISH NETWORK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(In thousands, except per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
F-5
2010 2009 2008
Revenue:
Subscriber-related revenue........................................................................................................... 12,543,794$ 11,538,729$ 11,455,575$
Equipment sales and other revenue.............................................................................................. 59,770 97,863 124,261
Equipment sales - EchoStar.......................................................................................................... 3,127 7,457 11,601
Services and other revenue - EchoStar......................................................................................... 34,053 20,102 25,750
Total revenue......................................................................................................................... 12,640,744 11,664,151 11,617 ,187
Costs and Expenses:
Subscriber-related expenses (exclusive of depreciation shown below - Note 7).......................... 6,676,145 6,359,329 5,977,355
Satellite and transmission expenses (exclusive of depreciation shown below - Note 7):
EchoStar................................................................................................................................... 418,358 319,752 305,322
Other......................................................................................................................................... 40,249 33,672 32,407
Equipment, services and other cost of sales................................................................................. 76,406 121,238 169,917
Subscriber acquisition costs:
Cost of sales - subscriber promotion subsidies - EchoStar (exclusive of
depreciation shown below - Note 7)................................................................................. 175,777 188,793 167,508
Other subscriber promotion subsidies................................................................................... 1,104,653 1,071,655 1,124,103
Subscriber acquisition advertising......................................................................................... 373,064 279,114 240,130
Total subscriber acquisition costs................................................................................................. 1,653,494 1,539,562 1,531,741
General and administrative expenses - EchoStar.......................................................................... 47,457 45,356 53,373
General and administrative expenses............................................................................................ 578,386 557,255 490,662
Litigation expense (Note 14)........................................................................................................ 225,456 361,024 -
Depreciation and amortization (Note 7)....................................................................................... 983,965 940,033 1,000,230
Total costs and expenses....................................................................................................... 10,699,916 10,277,221 9,561,007
Operating income (loss)............................................................................................................... 1,940,828 1,386,930 2,056,180
Other Income (Expense):
Interest income............................................................................................................................. 25,158 30,034 51,217
Interest expense, net of amounts capitalized................................................................................. (454,777) (388,425) (369,878)
Other, net...................................................................................................................................... 30,996 (15,707) (168,713)
Total other income (expense)................................................................................................ (398,623) (374,098) (487,374)
Income (loss) before income taxes............................................................................................... 1,542,205 1,012,832 1,568,806
Income tax (provision) benefit, net (Note 10).............................................................................. (557,473) (377,429) (665,859)
Net income (loss).......................................................................................................................... 984,732 635,403 902,947
Less: Net income (loss) attributable to noncontrolling interest............................................... 3 (142) -
Net income (loss) attributable to DISH Network common shareholders...................................... 984,729$ 635,545$ 902,947$
Comprehensive Income (Loss):
Net income (loss).......................................................................................................................... 984,732$ 635,403$ 902,947$
Foreign currency translation adjustments..................................................................................... (13,476) (10 6) (3,278)
Unrealized holding gains (losses) on available-for-sale securities............................................... 50,348 133,635 (291,664)
Recognition of previously unrealized (gains) losses on
available-for-sale securities included in net income (loss)........................................................ (3,852) (20,045) 189,513
Deferred income tax (expense) benefit......................................................................................... 5,067 128 (10,017)
Comprehensive income (loss)....................................................................................................... 1,022,819 749,015 787,501
Less: Comprehensive income (loss) attributable to noncontrolling interest.............................. 3 (142) -
Comprehensive income (loss) attributable to DISH Network common shareholders................... 1,022,816$ 749,157$ 787,501$
Weighted-average common shares outstanding - Class A and B common stock:
Basic............................................................................................................................................. 445,865 446,874 448,786
Diluted.......................................................................................................................................... 446,597 448,596 460,226
Earnings per share - Class A and B common stock:
Basic net income (loss) per share attributable to DISH Network common shareholders............. 2.21$ 1.42$ 2.01$
Diluted net income (loss) per share attributable to DISH Network common shareholders.......... 2.20$ 1.42$ 1.98$
For the Years Ended December 31,