Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v2.4.0.6
Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Subscriber revenue $ 700,242 $ 622,437
Advertising revenue, net of agency fees 18,670 16,558
Equipment revenue 16,953 15,867
Other revenue 68,857 68,977
Total revenue 804,722 723,839
Cost of services:    
Revenue share and royalties 132,111 106,929
Programming and content 70,095 72,959
Customer service and billing 66,187 65,836
Satellite and transmission 18,110 18,560
Cost of equipment 5,806 6,405
Subscriber acquisition costs 116,121 105,270
Sales and marketing 58,361 47,819
Engineering, design and development 12,690 11,135
General and administrative 59,886 56,354
Depreciation and amortization 66,117 68,400
Total operating expenses 605,484 559,667
Income from operations 199,238 164,172
Other income (expense):    
Interest expense, net of amounts capitalized (76,971) (78,218)
Loss on extinguishment of debt and credit facilities, net (9,971) (5,994)
Interest and investment loss (1,142) (1,884)
Other (loss) income (578) 1,617
Total other expense (88,662) (84,479)
Income before income taxes 110,576 79,693
Income tax expense (2,802) (1,572)
Net income 107,774 78,121
Foreign currency translation adjustment, net of tax (56) 67
Comprehensive income $ 107,718 $ 78,188
Net income per common share:    
Basic (in dollars per share) $ 0.03 $ 0.02
Diluted (in dollars per share) $ 0.02 $ 0.01
Weighted average common shares outstanding:    
Basic (in shares) 3,767,443 3,735,136
Diluted (in shares) 6,537,728 6,481,384