Dish Network 2014 Annual Report Download - page 128

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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-22
us and a right to require EchoStar to repurchase the Tracking Stock in connection with a change of control of
EchoStar, in each case subject to certain terms and conditions); certain registration rights; certain obligations to
provide conversion and exchange rights of the Tracking Stock under certain circumstances; and certain protective
covenants afforded to holders of the Tracking Stock. The Investor Rights Agreement generally will terminate with
respect to our interest should we no longer hold any shares of the HSSC-issued Tracking Stock and any registrable
securities under the Investor Rights Agreement.
Unrealized Gains (Losses) on Marketable Investment Securities
As of December 31, 2014 and 2013, we had accumulated net unrealized gains of $177 million and $181 million,
respectively. These amounts, net of related tax effect, were $175 million and $178 million, respectively. All of these
amounts are included in “Accumulated other comprehensive income (loss)” within “Total stockholders’ equity
(deficit).” The components of our available-for-sale investments are summarized in the table below.
Marketable Marketable
Investment Investment
Securities Gains Losses Net Securities Gains Losses Net
Debt securities (including restricted):
U. S. Treasury and agency securities....... 58,254$ 7$ (11)$ (4)$ 11,015$ -$ -$ -
Commercial paper.................................... 68,556 - - - 465,981 - - -
Corporate securities................................. 1,496,044 72,918 (153) 72,765 4,075,232 83,350 (4,513) 78,837
ARS.......................................................... 134,642 1,293 - 1,293 133,652 1,188 (5,138) (3,950)
Other........................................................ 57,965 - - - 232,874 12 (227) (215)
Equity securities......................................... 393,254 106,971 (4,346) 102,625 335,651 106,684 - 106,684
Total............................................................ 2,208,715$ 181,189$ (4,510)$ 176,679$ 5,254,405$ 191,234$ (9,878)$ 181,356$
As of December 31,
(In thousands)
Unrealized
2014
Unrealized
2013
As of December 31, 2014, restricted and non-restricted marketable investment securities included debt securities of
$1.319 billion with contractual maturities within one year, $292 million with contractual maturities extending longer
than one year through and including five years and $204 million with contractual maturities longer than ten years.
Actual maturities may differ from contractual maturities as a result of our ability to sell these securities prior to
maturity.