Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.19.3
Segments and Geographic Information (Tables)
 9 Months Ended
Sep. 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 September 30, 2019
 
Sirius XM
 
Pandora
 
Total
Revenue
 
 
 
 
 
Subscriber revenue
$
1,424

 
$
132

 
$
1,556

Advertising revenue
51

 
315

 
366

Equipment revenue
45

 
—

 
45

Other revenue
44

 
—

 
44

Total revenue
1,564

 
447

 
2,011

Cost of services (a)
(597
)
 
(273
)
 
(870
)
Segment gross profit
$
967

 
$
174

 
$
1,141


 
For the Nine Months Ended September 30, 2019
 
Sirius XM
 
Pandora
 
Total
Revenue
 
 
 
 
 
Subscriber revenue
$
4,196

 
$
355

 
$
4,551

Advertising revenue
149

 
784

 
933

Equipment revenue
127

 
—

 
127

Other revenue
121

 
—

 
121

Total revenue
4,593

 
1,139

 
5,732

Cost of services (b)
(1,761
)
 
(720
)
 
(2,481
)
Segment gross profit
$
2,832

 
$
419

 
$
3,251


Reconciliation of Revenue from Segments to Consolidated
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
 
Nine Months Ended September 30, 2019
Segment Gross Profit
$
3,251

Subscriber acquisition costs
(313
)
Sales and marketing (b)
(591
)
Engineering, design and development (b)
(169
)
General and administrative (b)
(332
)
Depreciation and amortization
(344
)
Share-based payment expense
(171
)
Acquisition and other related costs
(83
)
Total other (expense) income
(350
)
Consolidated income before income taxes
$
898

(b)
Share-based payment expense of $30 related to cost of services, $57 related to sales and marketing, $37 related to engineering, design and development and $47 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 September 30, 2019
Segment Gross Profit
$
1,141

Subscriber acquisition costs
(101
)
Sales and marketing (a)
(210
)
Engineering, design and development (a)
(63
)
General and administrative (a)
(108
)
Depreciation and amortization
(118
)
Share-based payment expense
(65
)
Total other (expense) income
(160
)
Consolidated income before income taxes
$
316

(a)
Share-based payment expense of $11 related to cost of services, $23 related to sales and marketing, $15 related to engineering, design and development and $16 related to general and administrative has been excluded.