v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:      
Net income $ 149,371 $ 147,549 $ 3,401
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 528,158 556,676 507,111
Equity in losses (earnings) of unconsolidated affiliates, net (1,895) (8,198) 5,024
Loss from partial redemption of debt 5,044    
Losses (gains) and other-than-temporary impairment on marketable investment securities, net 17,669 (41) (38,341)
Impairment of long-lived assets 2,400   38,415
Stock-based compensation 21,839 14,683 18,353
Deferred tax provision (benefit) 56,132 31,742 (35,780)
Changes in current assets and current liabilities, net:      
Trade accounts receivable (36,749) (18,023) 42,580
Allowance for doubtful accounts (1,703) 950 (2,995)
Trade accounts receivable - DISH Network (25,490) 104,051 (77,790)
Inventory (4,906) 2,608 16,529
Other current assets 6,499 9,930 5,182
Trade accounts payable 37,228 (22,230) (76,497)
Trade accounts payable - DISH Network (7,792) (26,508) 28,783
Accrued expenses and other 1,477 26,469 38,085
Changes in noncurrent assets and noncurrent liabilities, net 1,616 (8,305) (41,650)
Other, net 27,553 28,778 20,097
Net cash flows from operating activities 776,451 840,131 450,507
Cash Flows from Investing Activities:      
Purchases of marketable investment securities (536,430) (1,523,514) (1,080,437)
Sales and maturities of marketable investment securities 1,057,034 1,353,157 912,030
Purchases of property and equipment (809,270) (680,026) (391,873)
Refunds and other receipts related to capital expenditures 105,750    
Changes in restricted cash and marketable investment securities (2,057) (2,808) 12,908
Investments in unconsolidated entities (64,655)    
Acquisition of regulatory authorizations (3,428)   (41,748)
Proceeds from asset transfer to DISH Network     40,398
Capital contribution to Sling TV Holding   (18,569) (7,000)
Expenditures for externally marketed software (22,327) (22,955) (17,215)
Other, net 72 7,125 2,648
Net cash flows from investing activities (275,311) (887,590) (570,289)
Cash Flows from Financing Activities:      
Repayment of 6 1/2% Senior Secured Notes Due 2019 and related premium (113,300)    
Repayment of other long-term debt and capital lease obligations (44,804) (63,122) (68,225)
Net proceeds from Class A common stock options exercised and stock issued under the Employee Stock Purchase Plan 38,729 28,857 71,247
Net proceeds from issuance of Tracking Stock (Note 4)   7,526  
Excess tax benefit from stock options exercises 3,929 (7,252) 12,663
Other, net (4,811) (1,105) 2,641
Net cash flows from financing activities (120,257) (35,096) 18,326
Effect of exchange rates on cash and cash equivalents (5,696) (2,511) 3,961
Net increase (decrease) in cash and cash equivalents 375,187 (85,066) (97,495)
Cash and cash equivalents, beginning of period 549,053 634,119 731,614
Cash and cash equivalents, end of period 924,240 549,053 634,119
Supplemental Disclosure of Cash Flow Information:      
Cash paid for interest (including capitalized interest) 179,114 188,087 188,331
Capitalized interest 63,808 23,774 3,968
Cash paid for income taxes 6,394 14,221 16,728
Employee benefits paid in Class A common stock 10,711 10,316 4,761
Satellites and other assets financed under capital lease obligations 8,604 3,312 5,316
Increase (decrease) in capital expenditures included in accounts payable, net (7,123) 11,436 (8,921)
Noncash assets contributed to SmarDTV (Note 6) 6,651    
Net noncash assets transferred from DISH Network in exchange for Tracking Stock (Note 4)   386,691  
Noncash assets received from Sling TV Holding (Note 6)   $ 34,075  
Capitalized in-orbit incentive obligations     18,000
Reduction of capital lease obligation for AMC-15 and AMC-16 satellites $ 4,500   6,694
Liabilities assumed in regulatory authorization acquisition     $ 10,304