Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income

v3.7.0.1
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue:    
Subscriber revenue $ 1,078,257 $ 1,009,682
Advertising revenue 36,016 31,541
Equipment revenue 29,658 27,121
Other revenue 150,135 132,666
Total revenue 1,294,066 1,201,010
Cost of services:    
Revenue share and royalties 277,300 251,744
Programming and content 95,544 85,100
Customer service and billing 96,775 96,867
Satellite and transmission 20,576 23,538
Cost of equipment 6,912 9,779
Subscriber acquisition costs 127,488 132,449
Sales and marketing 96,909 88,726
Engineering, design and development 23,817 19,441
General and administrative 78,201 77,505
Depreciation and amortization 76,704 67,627
Total operating expenses 900,226 852,776
Income from operations 393,840 348,234
Other income (expense):    
Interest expense (81,657) (78,400)
Other income 8,863 10,848
Total other expense (72,794) (67,552)
Income before income taxes 321,046 280,682
Income tax expense (113,973) (108,242)
Net income 207,073 172,440
Foreign currency translation adjustment, net of tax (17) 449
Total comprehensive income $ 207,056 $ 172,889
Net income per common share:    
Basic (in dollars per share) $ 0.04 $ 0.03
Diluted (in dollars per share) $ 0.04 $ 0.03
Weighted average common shares outstanding:    
Basic (in shares) 4,710,340 5,065,319
Diluted (in shares) 4,784,420 5,110,618
Dividends declared per common share (in dollars per share) $ 0.01 $ 0