SIRI » Topics » Adjusted Loss from Operations:

This excerpt taken from the SIRI 10-Q filed Nov 1, 2007.
Adjusted Loss from Operations. Adjusted loss from operations is net loss before taxes, other income (expense) – including interest and investment income, interest expense, equity in net loss of affiliate, depreciation, impairment charges, and stock-based compensation expense.

           Three Months: For the three months ended September 30, 2007 and 2006, adjusted loss from operations was $56,892 and $83,153, respectively, a decrease of $26,261. The decrease was primarily driven by an increase in total revenue of $74,673 as a result of a 50% increase in our subscriber base, which more than offset increases in expenses of $48,412.
         
  Nine Months: For the nine months ended September 30, 2007 and 2006, adjusted loss from operations was $220,190 and $346,331, respectively, a decrease of $126,141. The decrease was primarily driven by an increase in total revenue of $228,395 as a result of a 50% increase in our subscriber base, which more than offset increases in expenses of $102,254.

          

This excerpt taken from the SIRI 10-Q filed Aug 9, 2007.
Adjusted Loss from Operations. For the three months ended June 30, 2007 and 2006, adjusted loss from operations was $79,299 and $126,528, respectively, a decrease of $47,229. The decrease was primarily driven by an increase in total revenue of $76,349 as a result of a 53% increase in our subscriber base, which more than offset increases in expenses of $29,120.

          

This excerpt taken from the SIRI 10-Q filed May 10, 2007.
Adjusted Loss from Operations. For the three months ended March 31, 2007 and 2006, adjusted loss from operations was $83,999 and $136,650, respectively, a decrease of $52,651. The decrease was primarily driven by an increase in total revenue of $77,373 as a result of a 61% increase in our subscriber base, which more than offset increases in operating expenses of $24,722.

          

This excerpt taken from the SIRI 8-K filed Nov 8, 2006.

Adjusted Loss from Operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months
Ended September 30,

 

For the Nine Months
Ended September 30,

 

 

 


 


 

 

 

2006

 

2005

 

2006

 

2005

 

 

 


 


 


 


 

Net loss

 

$

(162,898

)

$

(180,450

)

$

(859,270

)

$

(551,608

)

Impairment loss

 

 

 

 

 

 

10,917

 

 

 

Depreciation

 

 

27,583

 

 

24,559

 

 

78,254

 

 

73,640

 

Equity granted to third parties and employees

 

 

43,418

 

 

36,946

 

 

395,293

 

 

116,882

 

Other income (expense)

 

 

8,166

 

 

12,971

 

 

26,566

 

 

18,168

 

Income tax expense

 

 

578

 

 

560

 

 

1,909

 

 

1,680

 

 

 



 



 



 



 

Adjusted loss from operations (7)

 

$

(83,153

)

$

(105,414

)

$

(346,331

)

$

(341,238

)

 

 



 



 



 



 

This excerpt taken from the SIRI 8-K filed Aug 1, 2006.

Adjusted Loss from Operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months
Ended June 30,

 

For the Six Months
Ended June 30,

 

 

 


 


 

 

 

2006

 

2005

 

2006

 

2005

 

 

 


 


 


 


 

Net loss

 

$

(237,828

)

$

(177,546

)

$

(696,372

)

$

(371,158

)

Impairment loss

 

 

10,917

 

 

 

 

10,917

 

 

 

Depreciation

 

 

25,738

 

 

24,580

 

 

50,671

 

 

49,081

 

Equity granted to third parties and employees

 

 

67,289

 

 

41,230

 

 

351,875

 

 

79,936

 

Other income (expense)

 

 

6,778

 

 

2,404

 

 

18,400

 

 

5,197

 

Income tax expense

 

 

578

 

 

560

 

 

1,331

 

 

1,120

 

 

 



 



 



 



 

Adjusted loss from operations (7)

 

$

(126,528

)

$

(108,772

)

$

(263,178

)

$

(235,824

)

 

 



 



 



 



 

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Sirius Satellite Radio Inc. and Subsidiaries
Subscriber Data, Metrics and Other Non-GAAP Financial Measures - Continued
(Dollars in thousands, unless otherwise stated)
(Unaudited)

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