Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income

v3.19.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands, shares in Millions
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Revenue $ 1,744,000 $ 1,375,000
Cost of services:    
Cost of services 739,000  
Subscriber acquisition costs 108,000 123,000
Sales and marketing 183,000 107,000
Engineering, design and development 54,000 31,000
General and administrative 135,000 85,000
Depreciation and amortization 107,000 72,000
Acquisition and other related costs 76,000 0
Total operating expenses 1,411,000 952,000
Income from operations 333,000 423,000
Other income (expense):    
Interest expense (90,000) (90,000)
Loss on extinguishment of debt (1,000) 0
Other income 1,000 36,000
Total other expense (90,000) (54,000)
Income before income taxes 243,000 369,000
Income tax expense (81,000) (80,000)
Net Income available to common stockholders for basic net income per common share 162,000 289,000
Net income 162,000 289,000
Foreign currency translation adjustment, net of tax 7,000 (9,000)
Total comprehensive income $ 169,000 $ 280,000
Net income per common share:    
Basic (in dollars per share) $ 0.04 $ 0.06
Diluted (in dollars per share) $ 0.03 $ 0.06
Weighted average common shares outstanding:    
Basic (in shares) 4,571 4,491
Diluted (in shares) 4,678 4,586
Dividends declared per common share (in dollars per share) $ 0.0121 $ 0.0110
Subscriber revenue    
Revenue:    
Revenue $ 1,458,000 $ 1,258,000
Advertising revenue    
Revenue:    
Revenue 209,000 42,000
Equipment    
Revenue:    
Revenue 41,000 35,000
Cost of services:    
Cost of services 6,000 7,000
Other revenue    
Revenue:    
Revenue 36,000 40,000
Revenue share and royalties    
Cost of services:    
Cost of services 492,000 310,000
Programming and content    
Cost of services:    
Cost of services 106,000 101,000
Customer service and billing    
Cost of services:    
Cost of services 113,000 94,000
Transmission    
Cost of services:    
Cost of services $ 31,000 $ 22,000