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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data (Unaudited)  
Quarterly Financial Data (Unaudited)

 

Note 18.Quarterly Financial Data (Unaudited)

 

Our quarterly results of operations are summarized as follows:

 

 

 

For the Three Months Ended

 

 

 

March 31

 

June 30

 

September 30

 

December 31

 

 

 

(In thousands, except per share amounts)

 

Year ended December 31, 2015:

 

 

 

 

 

 

 

 

 

Total revenue

 

$
798,653 

 

$
793,595 

 

$
760,879 

 

$
790,587 

 

Operating income

 

$
81,205 

 

$
94,348 

 

$
88,607 

 

$
91,873 

 

Net income attributable to EchoStar common stock

 

$
33,402 

 

$
33,900 

 

$
30,102 

 

$
66,296 

 

Basic earnings per share

 

$
0.36 

 

$
0.37 

 

$
0.33 

 

$
0.71 

 

Diluted earnings per share

 

$
0.36 

 

$
0.36 

 

$
0.32 

 

$
0.71 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2014:

 

 

 

 

 

 

 

 

 

Total revenue

 

$
826,023 

 

$
879,828 

 

$
895,840 

 

$
843,887 

 

Operating income

 

$
59,820 

 

$
92,470 

 

$
92,277 

 

$
83,523 

 

Net income attributable to EchoStar common stock

 

$
12,653 

 

$
33,794 

 

$
64,055 

 

$
54,766 

 

Basic earnings per share

 

$
0.14 

 

$
0.37 

 

$
0.70 

 

$
0.60 

 

Diluted earnings per share

 

$
0.14 

 

$
0.36 

 

$
0.69 

 

$
0.59 

 

 

For the quarter ended December 31, 2015, our effective income tax rate decreased due primarily to the re-enactment of federal research and experimentation tax credits in December 2015.  The decrease in our effective tax rate resulted in a $23.2 million decrease in our quarterly tax provision.

 

For the quarter ended December 31, 2014, our operating results included a gain of $5.8 million related to our investment in TerreStar (See Note 6).