Dish Network 2004 Annual Report Download - page 85

Download and view the complete annual report

Please find page 85 of the 2004 Dish Network annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

ECHOSTAR COMMUNICATIONS CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)
(In thousands, except per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
Accumulated
Deficit and
Non-Cash, Accumulated
Additional Stock- Other
Class A and B Common Stock Paid-In Based Comprehensive Treasury
Issued Treasury Outstanding Amount Capital Compensation Income (Loss) Stock Total
Balance, December 31, 2001 ........................................................ 479,451 - 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 - 1,417 14 7,511 - - - 7,525
Employee benefits ..................................................................... - - - - 3 - - - 3
Employee stock purchase plan .................................................. 107 - 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-based
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 income (loss) ........................................................................... - - - - - - (852,034) - (852,034)
Balance, December 31, 2002......................................................... 480,975 - 480,975 4,809$ 1,706,731$ (8,657)$ (2,878,905)$ -$ (1,176,022)$
Issuance of Class A common stock:
Exercise of stock options .......................................................... 3,114 - 3,114 31 18,517 - - - 18,548
Employee benefits...................................................................... 566 - 566 6 16,347 - - - 16,353
Employee Stock Purchase Plan ................................................. 66 - 66 1 1,889 - - - 1,890
Class A common stock repurchases, at cost.................................... - (5,915) (5,915) - - - - (190,391) (190,391)
Forfeitures of deferred non-cash, stock-based compensation ......... - - - - (3,933) 775 - - (3,158)
Deferred stock-based compensation recognized ............................ - - - - - 6,702 - - 6,702
Reversal of deferred tax asset for book stock-based
compensation that exceeded the related tax deduction .............. - - - - (5,746) - - - (5,746)
Change in unrealized holding gains (losses)
on available-for-sale securities, net............................................ - - - - - - 73,446 - 73,446
Foreign currency translation........................................................... - - - - - - 1,348 - 1,348
Net income (loss)............................................................................ - - - - - - 224,506 - 224,506
Balance, December 31, 2003......................................................... 484,721 (5,915) 478,806 4,847$ 1,733,805$ (1,180)$ (2,579,605)$ (190,391)$ (1,032,524)$
Issuance of Class A common stock:
Exercise of stock options .......................................................... 2,175 - 2,175 21 14,448 - - - 14,469
Employee benefits...................................................................... 478 - 478 5 16,250 - - - 16,255
Employee Stock Purchase Plan ................................................. 78 - 78 1 2,122 - - - 2,123
Class A common stock repurchases, at cost.................................... - (25,879) (25,879) - - - - (809,609) (809,609)
Exercise of stock warrants.............................................................. 12 - 12 - - - - - -
Deferred stock-based compensation recognized ............................ - - - - - 1,180 - - 1,180
Change in unrealized holding gains (losses)
on available-for-sale securities, net............................................ - - - - - - (27,864) - (27,864)
Foreign currency translation........................................................... - - - - - - 291 - 291
Reversal of deferred tax asset for book stock-based
compensation that exceeded the related tax deduction .............. - - - - (1,652) - - - (1,652)
Cash dividend on Class A and Class B
common stock ($1.00 per share)................................................ - - - - - - (455,650) - (455,650)
Net income (loss)............................................................................ - - - - - - 214,769 - 214,769
Balance, December 31, 2004......................................................... 487,464 (31,794) 455,670 4,874$ 1,764,973$ -$ (2,848,059)$ (1,000,000)$ (2,078,212)$
F–5