| Quarterly Financial Data--Unaudited |
Quarterly Financial Data--Unaudited
Our quarterly results of operations are summarized below:
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Sirius XM Holdings Inc. |
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For the Three Months Ended |
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March 31 |
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June 30 |
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September 30 |
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December 31 |
2013 |
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Total revenue |
$ |
897,398 |
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|
$ |
940,110 |
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|
$ |
961,509 |
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|
$ |
1,000,078 |
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Cost of services |
$ |
(330,257 |
) |
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$ |
(331,465 |
) |
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$ |
(336,464 |
) |
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$ |
(396,304 |
) |
Income from operations |
$ |
246,931 |
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$ |
267,736 |
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$ |
284,529 |
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$ |
245,357 |
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Net income |
$ |
123,602 |
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$ |
125,522 |
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$ |
62,894 |
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$ |
65,197 |
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Net income per common share--basic (1)
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$ |
0.02 |
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$ |
0.02 |
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$ |
0.01 |
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$ |
0.01 |
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Net income per common share--diluted (1)
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$ |
0.02 |
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$ |
0.02 |
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$ |
0.01 |
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$ |
0.01 |
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2012 |
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Total revenue |
$ |
804,722 |
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$ |
837,543 |
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$ |
867,360 |
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$ |
892,415 |
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Cost of services |
$ |
(292,309 |
) |
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$ |
(293,975 |
) |
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$ |
(314,204 |
) |
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$ |
(328,882 |
) |
Income from operations |
$ |
199,238 |
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$ |
227,942 |
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$ |
231,749 |
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$ |
213,096 |
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Net income |
$ |
107,774 |
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$ |
3,134,170 |
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$ |
74,514 |
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$ |
156,244 |
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Net income per common share--basic (1)
|
$ |
0.02 |
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$ |
0.49 |
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$ |
0.01 |
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$ |
0.02 |
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Net income per common share--diluted (1)
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$ |
0.02 |
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$ |
0.48 |
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$ |
0.01 |
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$ |
0.02 |
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(1) |
The sum of quarterly net income per share applicable to common stockholders (basic and diluted) does not necessarily agree to the net income per share for the year due to the timing of common stock issuances. |
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Sirius XM Radio Inc. |
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For the Three Months Ended |
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March 31 |
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June 30 |
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September 30 |
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December 31 |
2013 (1)
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Total revenue |
$ |
897,398 |
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$ |
940,110 |
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$ |
961,509 |
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$ |
1,000,078 |
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Cost of services |
$ |
(330,257 |
) |
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$ |
(331,465 |
) |
|
$ |
(336,464 |
) |
|
$ |
(396,304 |
) |
Income from operations |
$ |
246,931 |
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$ |
267,736 |
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$ |
284,529 |
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$ |
245,357 |
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Net income (loss) attributable to Sirius XM's sole stockholder |
$ |
123,602 |
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$ |
125,522 |
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$ |
62,894 |
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$ |
(378,512 |
) |
2012 (1)
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Total revenue |
$ |
804,722 |
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|
$ |
837,543 |
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$ |
867,360 |
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|
$ |
892,415 |
|
Cost of services |
$ |
(292,309 |
) |
|
$ |
(293,975 |
) |
|
$ |
(314,204 |
) |
|
$ |
(328,882 |
) |
Income from operations |
$ |
199,238 |
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$ |
227,942 |
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$ |
231,749 |
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$ |
213,096 |
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Net income attributable to Sirius XM's sole stockholder |
$ |
107,774 |
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$ |
3,134,170 |
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$ |
74,514 |
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$ |
156,244 |
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(1) |
Net income per share for Sirius XM is not presented since Sirius XM is a wholly-owned subsidiary of Holdings. |
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