SIRI » Topics » Cost of Equipment.

This excerpt taken from the SIRI 10-Q filed Nov 1, 2007.
Cost of Equipment. Cost of equipment includes costs for SIRIUS radios and accessories sold through our direct to consumer distribution channel.

           Three Months: For the three months ended September 30, 2007 and 2006, cost of equipment was $8,460 and $6,196, respectively, an increase of $2,264. The increase was primarily attributable to higher sales volume, offset by a decline in per unit costs.
         
  Nine Months: For the nine months ended September 30, 2007 and 2006, cost of equipment was $26,388 and $13,128, respectively, an increase of $13,260. The increase was primarily attributable to higher sales volume, offset by a decline in per unit costs. In addition, we recorded a $2,782 inventory allowance in the nine months ended September 30, 2007 primarily as a result of lower of cost or market adjustments and reserves for slow moving inventory.

          We expect cost of equipment to increase in the future as we introduce new products and as sales through our direct to consumer distribution channel grow.

          

This excerpt taken from the SIRI 10-Q filed Aug 9, 2007.
Cost of Equipment. Cost of equipment includes costs for SIRIUS radios and accessories sold through our direct to consumer distribution channel.

    Three Months: For the three months ended June 30, 2007 and 2006, cost of equipment was $8,636 and $3,467, respectively, an increase of $5,169. The increase was primarily attributable to higher sales volume, offset by a decline in per unit costs.
                  
    Six Months: For the six months ended June 30, 2007 and 2006, cost of equipment was $17,928 and $6,932, respectively, an increase of $10,996. The increase was primarily attributable to higher sales volume, offset by a decline in per unit costs. In addition, we recorded a $2,782 inventory allowance in the six months ended June 30, 2007 primarily as a result of lower of cost or market adjustments and reserves for slow moving inventory.

          We expect cost of equipment to increase in the future as we introduce new products and as sales through our direct to consumer distribution channel grow.

          

This excerpt taken from the SIRI 10-Q filed May 10, 2007.
Cost of Equipment. Cost of equipment includes costs for SIRIUS radios and accessories sold through our direct to consumer distribution channel.

          For the three months ended March 31, 2007 and 2006, cost of equipment was $9,292 and $3,465, respectively, an increase of $5,827. The increase was primarily attributable to higher sales volume, offset by a decline in per unit costs. In addition, we recorded $2,782 for the three months ended March 31, 2007 to the inventory allowance primarily as a result of lower of cost or market adjustments and reserves for slow moving inventory.

          We expect cost of equipment to increase in the future as we introduce new products and as sales through our direct to consumer distribution channel grow.

          

This excerpt taken from the SIRI 10-K filed Mar 13, 2006.
Cost of Equipment. Cost of equipment increased $3,352 to $3,467 for the year ended December 31, 2004 from $115 for the year ended December 31, 2003. The increase was attributable to the increased sales from our direct to consumer distribution channel.

      

This excerpt taken from the SIRI 10-Q filed Aug 3, 2005.
Cost of Equipment. Cost of equipment increased $2,459 to $2,928 for the six months ended June 30, 2005 from $469 for the six months ended June 30, 2004. The increase in cost of equipment was attributable to increased sales through our direct to consumer distribution channel, offset by reductions in the per unit costs of SIRIUS radios and accessories.

      

This excerpt taken from the SIRI 10-Q filed May 9, 2005.
Cost of Equipment. Cost of equipment includes costs for SIRIUS radios and accessories sold in connection with our direct to consumer distribution channel.

 Cost of equipment increased $912 to $976 for the three months ended March 31, 2005 from $64 for the three months ended March 31, 2004. The increase in cost of equipment was attributable to the increased sales from our direct to consumer distribution channel.

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We expect cost of equipment to increase in the future as we continue to introduce new products and as sales through our direct to consumer distribution channel continue to grow.

This excerpt taken from the SIRI 10-K filed Mar 16, 2005.
Cost of Equipment. Cost of equipment includes costs for SIRIUS radios and accessories sold in connection with our direct to consumer distribution channel.

      Cost of equipment increased $3,352 to $3,467 for the year ended December 31, 2004 from $115 for the year ended December 31, 2003. The increase in cost of equipment was attributable to the increased sales from our direct to consumer distribution channel, which we launched in the fourth quarter of 2003.

      We expect cost of equipment to increase in the future as we continue to introduce new products and as sales through our direct to consumer distribution channel continue to grow.

      

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