|
|
June 30, 2018
|
|
December 31, 2017
|
Assets
|
|
(Unaudited)
|
|
(Audited)
|
Current assets:
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
1,793,053
|
|
|
$
|
2,431,456
|
|
Marketable investment securities, at fair value
|
|
1,640,776
|
|
|
814,161
|
|
Trade accounts receivable and contract assets, net (Note 3)
|
|
186,962
|
|
|
196,840
|
|
Trade accounts receivable - DISH Network, net
|
|
26,126
|
|
|
43,295
|
|
Inventory
|
|
81,388
|
|
|
83,595
|
|
Prepaids and deposits
|
|
58,911
|
|
|
54,533
|
|
Other current assets
|
|
15,889
|
|
|
91,671
|
|
Total current assets
|
|
3,803,105
|
|
|
3,715,551
|
|
Noncurrent assets:
|
|
|
|
|
Property and equipment, net
|
|
3,396,616
|
|
|
3,465,471
|
|
Regulatory authorizations, net
|
|
528,346
|
|
|
536,936
|
|
Goodwill
|
|
504,173
|
|
|
504,173
|
|
Other intangible assets, net of accumulated amortization of $309,690 and $302,345, respectively
|
|
51,593
|
|
|
58,955
|
|
Investments in unconsolidated entities
|
|
156,022
|
|
|
161,427
|
|
Other receivables - DISH Network
|
|
93,893
|
|
|
92,687
|
|
Other noncurrent assets, net
|
|
258,237
|
|
|
214,814
|
|
Total noncurrent assets
|
|
4,988,880
|
|
|
5,034,463
|
|
Total assets
|
|
$
|
8,791,985
|
|
|
$
|
8,750,014
|
|
Liabilities and Stockholders’ Equity
|
|
|
|
|
Current liabilities:
|
|
|
|
|
Trade accounts payable
|
|
$
|
100,235
|
|
|
$
|
108,406
|
|
Trade accounts payable - DISH Network
|
|
1,393
|
|
|
4,753
|
|
Current portion of long-term debt and capital lease obligations
|
|
1,028,119
|
|
|
40,631
|
|
Contract liabilities
|
|
72,776
|
|
|
65,959
|
|
Accrued interest
|
|
45,857
|
|
|
47,616
|
|
Accrued compensation
|
|
42,612
|
|
|
47,756
|
|
Accrued taxes
|
|
15,719
|
|
|
16,122
|
|
Accrued expenses and other
|
|
68,195
|
|
|
82,647
|
|
Total current liabilities
|
|
1,374,906
|
|
|
413,890
|
|
Noncurrent liabilities:
|
|
|
|
|
Long-term debt and capital lease obligations, net
|
|
2,592,174
|
|
|
3,594,213
|
|
Deferred tax liabilities, net
|
|
456,401
|
|
|
436,023
|
|
Other noncurrent liabilities
|
|
124,252
|
|
|
128,503
|
|
Total noncurrent liabilities
|
|
3,172,827
|
|
|
4,158,739
|
|
Total liabilities
|
|
4,547,733
|
|
|
4,572,629
|
|
Commitments and contingencies (Note 15)
|
|
|
|
|
Stockholders’ equity:
|
|
|
|
|
Preferred stock, $.001 par value, 20,000,000 shares authorized, none issued and outstanding at each of June 30, 2018 and December 31, 2017
|
|
—
|
|
|
—
|
|
Common stock, $.001 par value, 4,000,000,000 shares authorized:
|
|
|
|
|
Class A common stock, $.001 par value, 1,600,000,000 shares authorized, 54,006,419 shares issued and 48,474,101 shares outstanding at June 30, 2018 and 53,663,859 shares issued and 48,131,541 shares outstanding at December 31, 2017
|
|
54
|
|
|
54
|
|
Class B convertible common stock, $.001 par value, 800,000,000 shares authorized, 47,687,039 shares issued and outstanding at each of June 30, 2018 and December 31, 2017
|
|
48
|
|
|
48
|
|
Class C convertible common stock, $.001 par value, 800,000,000 shares authorized, none issued and outstanding at each of June 30, 2018 and December 31, 2017
|
|
—
|
|
|
—
|
|
Class D common stock, $.001 par value, 800,000,000 shares authorized, none issued and outstanding at each of June 30, 2018 and December 31, 2017
|
|
—
|
|
|
—
|
|
Additional paid-in capital
|
|
3,689,180
|
|
|
3,669,461
|
|
Accumulated other comprehensive loss
|
|
(154,011
|
)
|
|
(130,154
|
)
|
Accumulated earnings
|
|
792,278
|
|
|
721,316
|
|
Treasury stock, at cost
|
|
(98,162
|
)
|
|
(98,162
|
)
|
Total EchoStar Corporation stockholders’ equity
|
|
4,229,387
|
|
|
4,162,563
|
|
Other noncontrolling interests
|
|
14,865
|
|
|
14,822
|
|
Total stockholders’ equity
|
|
4,244,252
|
|
|
4,177,385
|
|
Total liabilities and stockholders’ equity
|
|
$
|
8,791,985
|
|
|
$
|
8,750,014
|
|
|