Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.19.2
Segments and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment revenue and gross profit were as follows during the periods presented:
 
For the Three Months Ended June 30, 2019
 
Sirius XM
 
Pandora
 
Total
Revenue
 
 
 
 
 
Subscriber revenue
$
1,402

 
$
135

 
$
1,537

Advertising revenue
52

 
306

 
358

Equipment revenue
41

 
—

 
41

Other revenue
41

 
—

 
41

Total revenue
1,536

 
441

 
1,977

Cost of services (a)
(594
)
 
(278
)
 
(872
)
Segment gross profit
$
942

 
$
163

 
$
1,105


 
For the Six Months Ended June 30, 2019
 
Sirius XM
 
Pandora
 
Total
Revenue
 
 
 
 
 
Subscriber revenue
$
2,772

 
$
223

 
$
2,995

Advertising revenue
98

 
469

 
567

Equipment revenue
82

 
—

 
82

Other revenue
77

 
—

 
77

Total revenue
3,029

 
692

 
3,721

Cost of services (b)
(1,163
)
 
(448
)
 
(1,611
)
Segment gross profit
$
1,866

 
$
244

 
$
2,110


Reconciliation of Revenue from Segments to Consolidated
 
Six Months Ended June 30, 2019
Segment Gross Profit
$
2,110

Subscriber acquisition costs
(212
)
Sales and marketing (b)
(381
)
Engineering, design and development (b)
(106
)
General and administrative (b)
(224
)
Depreciation and amortization
(226
)
Share-based payment expense
(106
)
Acquisition and other related costs
(83
)
Total other (expense) income
(190
)
Consolidated income before income taxes
$
582

(b)
Share-based payment expense of $19 related to cost of services, $34 related to sales and marketing, $22 related to engineering, design and development and $31 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
 
Three Months Ended June 30, 2019
Segment Gross Profit
$
1,105

Subscriber acquisition costs
(104
)
Sales and marketing (a)
(213
)
Engineering, design and development (a)
(61
)
General and administrative (a)
(105
)
Depreciation and amortization
(119
)
Share-based payment expense
(57
)
Acquisition and other related costs
(7
)
Total other (expense) income
(100
)
Consolidated income before income taxes
$
339

(a)
Share-based payment expense of $10 related to cost of services, $19 related to sales and marketing, $13 related to engineering, design and development and $15 related to general and administrative has been excluded.