Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data--Unaudited

v2.4.0.8
Quarterly Financial Data--Unaudited
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data [Abstract]  
Quarterly Financial Data--Unaudited
Quarterly Financial Data--Unaudited

Our quarterly results of operations are summarized below:
 
Sirius XM Holdings Inc.
 
For the Three Months Ended
 
March 31
 
June 30
 
September 30
 
December 31
2013
 
 
 
 
 
 
 
Total revenue
$
897,398

 
$
940,110

 
$
961,509

 
$
1,000,078

Cost of services
$
(330,257
)
 
$
(331,465
)
 
$
(336,464
)
 
$
(396,304
)
Income from operations
$
246,931

 
$
267,736

 
$
284,529

 
$
245,357

Net income
$
123,602

 
$
125,522

 
$
62,894

 
$
65,197

Net income per common share--basic (1)
$
0.02

 
$
0.02

 
$
0.01

 
$
0.01

Net income per common share--diluted (1)
$
0.02

 
$
0.02

 
$
0.01

 
$
0.01

2012
 
 
 
 
 
 
 
Total revenue
$
804,722

 
$
837,543

 
$
867,360

 
$
892,415

Cost of services
$
(292,309
)
 
$
(293,975
)
 
$
(314,204
)
 
$
(328,882
)
Income from operations
$
199,238

 
$
227,942

 
$
231,749

 
$
213,096

Net income
$
107,774

 
$
3,134,170

 
$
74,514

 
$
156,244

Net income per common share--basic (1)
$
0.02

 
$
0.49

 
$
0.01

 
$
0.02

Net income per common share--diluted (1)
$
0.02

 
$
0.48

 
$
0.01

 
$
0.02


(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.

 
Sirius XM Radio Inc.
 
For the Three Months Ended
 
March 31
 
June 30
 
September 30
 
December 31
2013 (1)
 
 
 
 
 
 
 
Total revenue
$
897,398

 
$
940,110

 
$
961,509

 
$
1,000,078

Cost of services
$
(330,257
)
 
$
(331,465
)
 
$
(336,464
)
 
$
(396,304
)
Income from operations
$
246,931

 
$
267,736

 
$
284,529

 
$
245,357

Net income (loss) attributable to Sirius XM's sole stockholder
$
123,602

 
$
125,522

 
$
62,894

 
$
(378,512
)
2012 (1)

 

 

 

Total revenue
$
804,722

 
$
837,543

 
$
867,360

 
$
892,415

Cost of services
$
(292,309
)
 
$
(293,975
)
 
$
(314,204
)
 
$
(328,882
)
Income from operations
$
199,238

 
$
227,942

 
$
231,749

 
$
213,096

Net income attributable to Sirius XM's sole stockholder
$
107,774

 
$
3,134,170

 
$
74,514

 
$
156,244


(1)
Net income per share for Sirius XM is not presented since Sirius XM is a wholly-owned subsidiary of Holdings.