Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.20.2
Segments and Geographic Information (Tables)
 9 Months Ended
Sep. 30, 2020
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, 2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 1,462  $ 132  $ 1,594 
Advertising revenue 39  306  345 
Equipment revenue 47  —  47 
Other revenue 39  —  39 
Total revenue 1,587  438  2,025 
Cost of services (a)
(610) (274) (884)
Segment gross profit $ 977  $ 164  $ 1,141 
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 (b)
(597) (273) (870)
Segment gross profit $ 967  $ 174  $ 1,141 
For the Nine Months Ended September 30, 2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 4,372  $ 385  $ 4,757 
Advertising revenue 108  758  866 
Equipment revenue 113  —  113 
Other revenue 115  —  115 
Total revenue 4,708  1,143  5,851 
Cost of services (c)
(1,796) (783) (2,579)
Segment gross profit $ 2,912  $ 360  $ 3,272 
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 (d)
(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:
For the Three Months Ended September 30, 2020
Segment Gross Profit $ 1,141 
Subscriber acquisition costs (110)
Sales and marketing (a)
(205)
Engineering, design and development (a)
(53)
General and administrative (a)
(112)
Depreciation and amortization (125)
Share-based payment expense (58)
Total other (expense) income (134)
Consolidated income before income taxes $ 344 
(a)     Share-based payment expense of $11 related to cost of services, $17 related to sales and marketing, $11 related to engineering, design and development and $19 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Three Months Ended September 30, 2019
Segment Gross Profit $ 1,141 
Subscriber acquisition costs (101)
Sales and marketing (b)
(210)
Engineering, design and development (b)
(63)
General and administrative (b)
(108)
Depreciation and amortization (118)
Share-based payment expense (65)
Total other (expense) income (160)
Consolidated income before income taxes $ 316 
(b)     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.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Nine Months Ended September 30, 2020
Segment Gross Profit $ 3,272 
Subscriber acquisition costs (257)
Sales and marketing (c)
(614)
Engineering, design and development (c)
(165)
General and administrative (c)
(305)
Depreciation and amortization (381)
Share-based payment expense (165)
Acquisition and restructuring costs (24)
Total other (expense) income (327)
Consolidated income before income taxes $ 1,034 
(c)     Share-based payment expense of $32 related to cost of services, $50 related to sales and marketing, $31 related to engineering, design and development and $52 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Nine Months Ended September 30, 2019
Segment Gross Profit $ 3,251 
Subscriber acquisition costs (313)
Sales and marketing (d)
(591)
Engineering, design and development (d)
(169)
General and administrative (d)
(332)
Depreciation and amortization (344)
Share-based payment expense (171)
Acquisition and restructuring costs (83)
Total other (expense) income (350)
Consolidated income before income taxes $ 898 
(d)     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.