Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

9 Months Ended

Oct. 31, 2012

	Three Months Ended October 31,				Nine Months Ended October 31,
	2011		2012		2011			2012

Numerator
Net income (loss)	$	638	$	2,052	$	(7,928	)	$	(23,591	)
Accretion of redeemable convertible preferred stock	—		—		(110		)	—
Increase in cumulative dividends payable upon conversion of liquidation of redeemable convertible preferred stock	—		—		(3,648		)	—

Net income (loss) attributable to common stockholders	$	638	$	2,052	$	(11,686	)	$	(23,591	)

Denominator
Weighted-average common shares outstanding used in computing basic net income (loss) per share	161,288		169,391		86,976			167,423

Net income (loss) per share, basic	$	0.00	$	0.01	$	(0.13	)	$	(0.14	)
Effect of dilutive options	29,538		20,722		—			—
Effect of dilutive restricted stock units	42		165		—			—
Effect of dilutive warrants to purchase common stock	146		—		—			—
Weighted-average common shares outstanding used in computing diluted net income (loss) per share	191,014		190,278		86,976			167,423

Net income (loss) per share, diluted	$	0.00	$	0.01	$	(0.13	)	$	(0.14	)

	Three Months Ended		Nine Months Ended
	October 31, 2011	October 31, 2012	October 31, 2011	October 31, 2012
Options to purchase common stock	1,930	4,442	36,598	29,016
Warrants to purchase common stock	—	—	155	—
Restricted stock units	169	2,841	553	4,290
Total common stock equivalents	2,099	7,283	37,306	33,306