Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Tables)

v3.10.0.1
Related Party Transactions (Tables) - Equity Method Investee
 6 Months Ended
Jun. 30, 2018
Related Party Transaction [Line Items]  
Summary of related party balances
We had the following related party balances associated with Sirius XM Canada:
June 30, 2018

December 31, 2017
Related party current assets
$
13,692

 
$
10,284

Related party long-term assets
$
453,416

 
$
481,608

Related party current liabilities
$
4,103

 
$
2,839

Related party long-term liabilities
$
6,269

 
$
7,364

Schedule of related party revenues and other income
We recorded the following revenue and other income associated with Sirius XM Canada in our unaudited consolidated statements of comprehensive income:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Revenue (a)(b)
$
23,273

 
$
28,129

 
$
47,370


$
40,345

Other income
 

 
 

 





Share of net earnings (b)
$
(896
)
 
$
(5,197
)
 
$
85


$
(2,183
)
Interest income (c)
$
2,557


$
803


$
5,204


$
803

(a)
Prior to the Transaction, under our former agreements with Sirius XM Canada, we received a percentage-based fee of 10% and 15% for certain types of subscription revenue earned by Sirius XM Canada for the use of the Sirius and XM platforms, respectively, and additional fees for premium services and fees for activation fees and reimbursements for other charges.  We record revenue from Sirius XM Canada as Other revenue in our unaudited consolidated statements of comprehensive income.
(b)
Prior to the Transaction, we recognized our proportionate share of revenue and earnings or losses attributable to Sirius XM Canada on a one month lag. As a result of the Transaction, there is no longer a one-month lag and Sirius XM Canada changed its fiscal year-end to December 31 to align with us. For the three and six months ended June 30, 2018, Share of net earnings included $611 and $1,234, respectively, of amortization related to equity method intangible assets.
(c)
This interest income relates to the loan to Sirius XM Canada and is recorded as Other income in our unaudited consolidated statements of comprehensive income.