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Acquisition (Tables) | 6 Months Ended
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Jun. 30, 2020
Business Combinations [Abstract] |
Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable | The table below shows the value of the consideration paid in connection with the Pandora Acquisition:
| Total
Pandora common stock outstanding | 272 |
Exchange ratio | 1.44 |
Common stock issued | 392 |
Price per share of Holdings common stock | $ | 5.83 |
Value of common stock issued to Pandora stockholders | $ | 2,285 |
Value of replacement equity awards attributable to pre-combination service | $ | 70 |
Consideration of common stock and replacement equity awards for pre-combination service | $ | 2,355 |
Sirius XM’s Pandora preferred stock investment (related party fair value instrument) canceled | $ | 524 |
Total consideration for Pandora Acquisition | $ | 2,879 |
Value attributed to par at $0.001 par value | $ | 1 |
Balance to capital in excess of par value | $ | 2,354 |
Acquisition, Pro Forma Information | The following pro forma financial information presents our results as if the Pandora Acquisition had occurred on January 1, 2019:
| For the Three Months Ended June 30, |  |  |  | For the Six Months Ended June 30, |  |  |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |  |
Total revenue | $ | 1,876 |  |  | $ | 1,979 |  |  | $ | 3,830 |  |  | $ | 3,839 |  |  |
Net income | $ | 243 |  |  | $ | 265 |  |  | $ | 536 |  |  | $ | 446 |  |  |

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- Definition Tabular disclosure of the equity interest issued or issuable in a business acquisition (or series of individually immaterial business acquisitions) planned, initiated, or completed during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b)(4) -URI http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479 + Details
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