v2.4.0.8
Earnings per Share
12 Months Ended
Dec. 31, 2013
Earnings per Share  
Earnings per Share

Note 3. Earnings per Share

We present both basic earnings per share ("EPS") and diluted EPS. Basic EPS excludes potential dilution and is computed by dividing "Net income attributable to EchoStar" by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if stock awards were exercised. The potential dilution from stock awards was computed using the treasury stock method based on the average market value of our Class A common stock during the period. The calculation of our diluted weighted-average common shares outstanding excluded (i) underlying options to purchase shares of our Class A common stock as their effect is anti-dilutive of 2.7 million, 4.4 million and 4.0 million shares for the years ended December 31, 2013, 2012 and 2011, respectively, and (ii) shares of our Class A common stock that are contingently issuable based upon meeting a company-specific goal by March 31, 2015 pursuant to our performance based stock incentive plan, which was not probable of being achieved as of December 31, 2013 of 0.7 million, 0.7 million and 0.7 million shares for the years ended December 31, 2013, 2012 and 2011, respectively.

The following table presents basic and diluted EPS amounts for all periods and the corresponding weighted-average shares outstanding used in the calculations.

 
  For the Years Ended December 31,  
 
  2013   2012   2011  
 
  (In thousands, except
per share amounts)

 

Net income attributable to EchoStar

  $ 2,525   $ 211,048   $ 3,639  
               
               

Weighted-average common shares outstanding—Class A and B common stock:

                   

Basic

    89,405     87,150     86,223  

Dilutive impact of stock awards outstanding

    1,547     809     866  
               

Diluted

    90,952     87,959     87,089  
               
               

Earnings per share—Class A and B common stock:

                   

Basic

  $ 0.03   $ 2.42   $ 0.04  
               
               

Diluted

  $ 0.03   $ 2.40   $ 0.04