SIRIUS XM HOLDINGS INC. SIRI Income Statement

Sirius xm holdings inc. (SIRI)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Revenue:
Revenue
7,794	5,771	5,425	5,017	4,570	4,181	3,799	3,402	3,014	2,816	2,472	1,663
Cost of services:
Cost of services
3,383	-	-	-	-	-	-	-	-	-	-	-
Subscriber acquisition costs
427	470	499	512	532	493	495	474	434	413	340	371
Sales and marketing
937	484	438	386	354	336	291	248	222	215	228	231
Engineering, design and development
280	123	112	82	64	62	57	48	53	45	41	40
General and administrative
524	354	335	341	324	293	262	261	238	240	227	213
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	4,766
Depreciation and amortization
468	301	299	268	272	266	253	266	267	273	309	203
Acquisition and other related costs
84	3	-	-	-	-	-	-	-	63	32	10
Total operating expenses
6,147	4,044	3,784	3,585	3,391	3,061	2,754	2,530	2,338	2,351	2,244	6,700
Income from operations
1,647	1,727	1,641	1,432	1,178	1,119	1,044	872	676	465	228	-5,036
Other (expense) income:
Interest expense
390	350	346	331	299	269	204	265	304	295	315	148
Loss on extinguishment of debt
-57	0	-44	-24	0	0	-190	-132	-7	-120	-267	-98
Interest and investment income (loss)
-	-	-	-	-	-	-	0	73	-5	5	-21
Loss on change in value of derivatives
-	-	-	-	-	-34	-20	0	0	-	-	-
Other (expense) income
-3	44	13	14	12	14	8	-0	3	3	3	-9
Total other (expense) income
-450	-306	-377	-340	-286	-288	-407	-397	-234	-417	-574	-277
Income before income taxes
1,197	1,421	1,264	1,091	891	830	637	474	441	47	-346	5,314
Income tax expense
283	245	616	345	382	337	259	-2,998	14	4	5	2
Preferred stock beneficial conversion feature
-	-	-	-	-	-	-	-	-	-	186	-
Net income
914	1,176	648	-	-	-	-	-	-	-	-538	-5,316
Net Income (Loss) Attributable to Parent
-	-	-	745	509	493	377	3,472	426	43	-352	-5,316
Realized loss on XM Canada investment foreign currency translation adjustment
-	-	-	-	-	-	-	-	6	0	-	-
Unrealized gain on available-for-sale securities
-	-	-	-	-	-	-	-	-	0	-	-
Foreign currency translation adjustment, net of tax
14	-29	19	0	-0	-0	-0	0	-0	0	-	-
Total comprehensive income
928	1,147	667	746	509	493	376	3,472	432	43	-	-
Net income per common share:
Basic (in dollars per share)
0.20	0.26	0.14	0.15	0.09	0.09	0.06	0.55	0.07	0.01	-0.15	-2.45
Diluted (in dollars per share)
0.20	0.26	0.14	0.15	0.09	0.08	0.06	0.51	0.07	0.01	-0.15	-2.45
Weighted average common shares outstanding:
Basic (in shares)
4,501	4,462	4,638	4,917	5,375	5,788	6,227	4,209	3,744	3,693	3,585	2,169
Diluted (in shares)
4,616	4,561	4,724	4,964	5,435	5,862	6,384	6,873	6,500	6,391	3,585	2,169
Common Stock, Dividends, Per Share, Declared
-	-	-	0.01	0.00	0.00	-	-	-	-	-	-
Subscriber revenue
Revenue
6,120	5,264	4,990	4,196	3,824	3,554	3,284	2,962	2,595	2,414	2,287	1,548
Advertising revenue
Revenue
1,336	188	160	138	122	100	89	82	73	64	51	47
Equipment
Revenue
173	155	132	118	110	104	80	73	71	71	50	56
Cost of services
29	31	35	40	42	44	26	31	33	35	40	46
Other revenue
Revenue
165	164	143	-	-	-	-	-	-	-	-	-
Music royalty fee and other revenue
Total revenue
-	-	-	563	512	421	344	283	274	266	83	11
Revenue share and royalties
Cost of services
2,291	1,394	1,210	1,108	1,034	810	677	551	471	-	-	-
Programming and content
Cost of services
462	406	388	353	293	297	290	278	281	-	-	-
Customer service and billing
Cost of services
475	382	385	387	377	370	320	294	259	241	234	165
Transmission
Cost of services
170	96	83	103	94	86	79	72	75	80	84	59