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This excerpt taken from the SIRI 10-Q filed Nov 1, 2007. General and Administrative. General and administrative expenses include rent and occupancy, finance, legal, human resources, information technology and
investor relations costs.
We expect our general and administrative expenses, excluding stock-based compensation expense, to increase in future periods as a result of higher personnel, information technology, and facilities costs, as well as increased legal fees to support the growth of our business. Future expense associated with stock-based compensation is contingent upon a number of factors, including the number of stock-based awards granted, the price of our common stock, assumptions used in estimating the fair value of stock-based awards, estimates for forfeitures, vesting provisions and the timing as to when certain performance criteria are met, and could materially change.
This excerpt taken from the SIRI 10-Q filed Aug 9, 2007. General and Administrative. General and administrative expenses include rent and occupancy, finance, legal, human resources, information technology and
investor relations costs.
We expect our general and administrative expenses, excluding stock-based compensation expense, to increase in future periods as a result of higher personnel, information technology, and facilities costs, as well as increased legal fees to support the growth of our business. Future expense associated with stock-based compensation is contingent upon a number of factors, including the number of stock-based awards granted, the price of our common stock, assumptions used in estimating the fair value of stock-based awards, estimates for forfeitures, vesting provisions and the timing as to when certain performance criteria are met, and could materially change.
This excerpt taken from the SIRI 10-Q filed May 10, 2007. General and Administrative. General and administrative expenses include rent and occupancy, finance, legal, human resources, information technology and
investor relations costs.
For the three months ended March 31, 2007 and 2006, general and administrative expenses were $35,343 and $31,873, respectively, an increase of $3,470. Excluding stock-based compensation of $11,940 and $14,506 for the three months ended March 31, 2007 and 2006, respectively, general and administrative expenses increased $6,036 from $17,367 to $23,403. This increase of $6,036 was primarily a result of legal fees and employment related and information technology costs to support the growth of our business. Stock-based compensation decreased $2,566 primarily as a result of restricted stock units that vested in the first quarter of 2006. We expect our general and administrative expenses, excluding stock-based compensation expense, to increase in future periods as a result of higher personnel, information technology, and facilities costs, as well as increased legal fees to support the growth of our business. Future expense associated with stock-based compensation is contingent upon a number of factors, including the number of stock-based awards granted, the price of our common stock, assumptions used in estimating the fair value of stock-based awards, estimates for forfeitures, vesting provisions and the timing as to when certain performance criteria are met, and could materially change.
This excerpt taken from the SIRI 10-K filed Mar 13, 2006. General and Administrative. General and administrative expenses increased $7,817 to $44,028 for the year ended December 31, 2004 from $36,211 for the year ended December 31, 2003. The increase was primarily a result of additional personnel-related costs; consulting fees, including costs incurred in order to comply with the Sarbanes-Oxley Act of 2002; and rent and occupancy costs to support the continued growth of our business. These increases were partially offset by a decrease in legal fees and settlement costs incurred in 2003 associated with the termination of our agreement with the prior provider of our subscriber management system.
This excerpt taken from the SIRI 10-Q filed Aug 3, 2005. General and Administrative. General and administrative expenses increased $9,751 to $28,952 for the six months ended June 30, 2005 from $19,201 for the six months ended June 30, 2004. The increase was primarily a result of additional personnel-related costs and rent and occupancy costs to support the growth of our business.
This excerpt taken from the SIRI 10-Q filed May 9, 2005. General
and Administrative. General and administrative expenses
include rent and occupancy, accounting, legal, human resources, information
technology and investor relations costs.
18 General and administrative expenses increased $6,963 to $14,832 for the three months ended March 31, 2005 from $7,869 for the three months ended March 31, 2004. The increase was primarily a result of additional personnel-related costs and rent and occupancy costs to support the continued growth of our business; consulting fees for technical services, supply chain and business intelligence; and legal fees. We expect our general and administrative expenses to increase in future periods for increased personnel-related, services and facility costs to support our growth. This excerpt taken from the SIRI 10-K filed Mar 16, 2005. General and Administrative. General and administrative expenses increased $5,529 to $36,211 for the year ended December 31, 2003 from $30,682 for the year ended December 31, 2002. The increase was primarily a result of $6,846 of legal fees and settlement costs associated with the termination of our agreement with the prior provider of our subscriber management system and costs for corporate insurance. This increase was partially offset by reduced rent and occupancy costs as a result of the termination of leases for office space during 2002 for which we recognized a loss on disposal of assets of $924.
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