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

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Our intangible assets include the following:

		March 31, 2015							December 31, 2014
	Weighted Average Useful Lives	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Indefinite life intangible assets:
FCC licenses	Indefinite	$	2,083,654	$	—		$	2,083,654	$	2,083,654	$	—		$	2,083,654
Trademark	Indefinite		250,000		—			250,000		250,000		—			250,000
Definite life intangible assets:
Subscriber relationships	9 years		380,000		(313,820	)		66,180		380,000		(305,755	)		74,245
OEM relationships	15 years		220,000		(20,778	)		199,222		220,000		(17,111	)		202,889
Licensing agreements	12 years		45,289		(24,211	)		21,078		45,289		(23,290	)		21,999
Proprietary software	8 years		27,215		(16,206	)		11,009		27,215		(15,691	)		11,524
Developed technology	10 years		2,000		(1,333	)		667		2,000		(1,283	)		717
Leasehold interests	7.4 years		132		(119	)		13		132		(114	)		18
Total intangible assets		$	3,008,290	$	(376,467	)	$	2,631,823	$	3,008,290	$	(363,244	)	$	2,645,046

Years in which each of our licenses expires

We hold FCC licenses to operate our satellite digital audio radio service and provide ancillary services. The following table outlines the years in which each of our satellite licenses expires:

FCC satellite licenses	Expiration year
SIRIUS FM-1		2017
SIRIUS FM-2		2017
SIRIUS FM-3		2017
SIRIUS FM-5		2017
SIRIUS FM-6		2022
XM-1 ⁽¹⁾
XM-3		2021
XM-4		2022
XM-5		2018

(1)	The FCC license for this satellite has expired. The FCC has granted us special temporary authority to operate this satellite and prepare it for deorbiting maneuvers.

Expected amortization expense for each of the fiscal years

Expected amortization expense for the remaining period in 2015, each of the fiscal years 2016 through 2019 and for periods thereafter is as follows

Years ending December 31,	Amount
2015 (remaining)	$	38,477
2016		48,545
2017		34,882
2018		19,463
2019		19,026
Thereafter		137,776
Total definite life intangible assets, net	$	298,169