v3.20.2

Earnings Per Share | 6 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE We present basic and diluted earnings or losses per share (“EPS”) for our Class A and Class B common stock. Basic EPS for our Class A and Class B common stock excludes potential dilution and is computed by dividing Net income (loss) attributable to EchoStar Corporation common stock by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if shares of common stock were issued pursuant to our stock-based compensation awards. The potential dilution from common stock awards is computed using the treasury stock method based on the average market value of our Class A common stock during the period. The following table presents the calculation of basic and diluted EPS:
|  | For the three months ended June 30, |  |  |  | For the six months ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Net income (loss) attributable to EchoStar Corporation common stock: |  |  |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | (11,412) |  |  | $ | (30,660) |  |  | $ | (65,707) |  |  | $ | (35,705) |
Net income (loss) from discontinued operations |  | — |  |  | 24,968 |  |  | — |  |  | 44,215 |
Net income (loss) attributable to EchoStar Corporation common stock |  | $ | (11,412) |  |  | $ | (5,692) |  |  | $ | (65,707) |  |  | $ | 8,510 |
Weighted-average common shares outstanding: |  |  |  |  |  |  |  |
Class A and B common stock: |  |  |  |  |  |  |  |
Basic and diluted |  | 97,879 |  |  | 96,415 |  |  | 97,845 |  |  | 95,903 |
Earnings (losses) per share: |  |  |  |  |  |  |  |
Class A and B common stock: |  |  |  |  |  |  |  |
Basic and diluted: |  |  |  |  |  |  |  |
Continuing operations |  | $ | (0.12) |  |  | $ | (0.32) |  |  | $ | (0.67) |  |  | $ | (0.37) |
Discontinued operations |  | — |  |  | 0.26 |  |  | — |  |  | 0.46 |
Total basic and diluted earnings (losses) per share |  | $ | (0.12) |  |  | $ | (0.06) |  |  | $ | (0.67) |  |  | $ | 0.09 |
The following table presents the number of anti-dilutive options to purchase shares of our Class A common stock which have been excluded from the calculation of our diluted weighted-average common shares outstanding:
|  | For the three months ended June 30, |  |  |  | For the six months ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Number of shares |  | 4,878 |  | 3,387 |  | 4,878 |  | 3,387

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