v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows From Operating Activities:    
Net income (loss) $ 664,584 $ 716,465
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 112,073 141,019
Non-cash, stock-based compensation 3,714 6,013
Deferred tax expense (benefit) (27,479) (35,471)
Changes in allowance for credit losses 19,048 7,158
Non-cash interest income - DISH Network (71,397) (62,564)
Other, net 63,114 89,883
Changes in operating assets and operating liabilities, net (19,878) 121,436
Net cash flows from operating activities 743,779 983,939
Cash Flows From Investing Activities:    
(Purchases) Sales and maturities of marketable investment securities, net (15,548) 397
Purchases of property and equipment (Note 6) (65,628) (44,586)
Notes Receivable - DISH Network (Note 11)   (1,081,227)
Other, net 2,079 8,298
Net cash flows from investing activities (79,097) (1,117,118)
Cash Flows From Financing Activities:    
Repayment of long-term debt, finance lease and other obligations (6,310) (27,684)
Redemption and repurchases of term loans and senior notes (333,333)  
Other, net 27  
Net cash flows from financing activities (339,616) (27,684)
Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents 325,066 (160,863)
Cash, cash equivalents, restricted cash and cash equivalents, beginning of period (Note 4) 628,661 428,621
Cash, cash equivalents, restricted cash and cash equivalents, end of period (Note 4) $ 953,727 $ 267,758