Dish Network 2009 Annual Report Download - page 130

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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-40
We will continue to evaluate the assumptions used to derive the estimated fair value of our stock options as new
events or changes in circumstances become known.
14. Commitments and Contingencies
Commitments
Future maturities of our long-term debt, capital lease and contractual obligations as of December 31, 2009 are
summarized as follows:
Total 20102011201220132014Thereafter
Long-term debt obligations..................... 6,192,107$ 4,143$ 1,004,375$ 4,622$ 504,183$ 1,003,732$ 3,671,052$
Capital lease obligations......................... 304,457 22,375 21,043 20,569 22,630 25,943 191,897
Interest expense on long-term
debt and capital lease obligations........ 2,892,646 471,415 465,280 399,589 397,485 360,202 798,675
Satellite-related obligations.................... 1,901,944 275,418 207,882 219,022 173,805 153,788 872,029
Operating lease obligations..................... 135,510 54,562 31,386 24,975 13,567 5,049 5,971
Purchase obligations .............................. 1,395,012 1,331,031 22,460 18,750 18,941 3,830 -
Total....................................................... 12,821,676$ 2,158,944$ 1,752,426$ 687,527$ 1,130,611$ 1,552,544$ 5,539,624$
Paym ents due by period
(In thousands)
The table above does not include $240 million of liabilities associated with unrecognized tax benefits which were
accrued, discussed in Note 10 and are included on our Consolidated Balance Sheets as of December 31, 2009. We
do not expect any portion of this amount to be paid or settled within the next twelve months.
In certain circumstances the dates on which we are obligated to make these payments could be delayed. These
amounts will increase to the extent we procure insurance for our satellites or contract for the construction, launch or
lease of additional satellites.
Satellite-Related Obligations
Satellites Under Construction. As of December 31, 2009, we had entered into the following contracts to construct
new satellites which are contractually scheduled to be completed within the next year. Future commitments related
to these satellites are included in the table above under “Satellite-related obligations” except where noted below.
x EchoStar XIV. During 2007, we entered into a contract for the construction of EchoStar XIV, a DBS
satellite, which was shipped from the manufacturer to the launch site and is scheduled for launch in early
2010.
x EchoStar XV. During 2008, we entered into a contract for the construction of EchoStar XV, a DBS
satellite, which is expected to be completed in mid-2010.
In addition, we have agreed to lease capacity on two satellites from EchoStar that are currently under construction.
Future commitments related to these satellites are included in the table above under “Satellite-related obligations.”
x QuetzSat-1. During 2008, we entered into a ten-year transponder service agreement with EchoStar to lease
capacity on QuetzSat-1, a DBS satellite, which is expected to be completed during 2011.
x EchoStar XVI. During 2009, we entered into a ten-year transponder service agreement with EchoStar to
lease capacity on EchoStar XVI, a DBS satellite, expected to be completed during 2012.