Stock-Based Compensation (Tables)
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12 Months Ended |
Dec. 31, 2023 |
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| Schedule of options granted and weighted average grant date fair value |
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³Û±ð²¹°ù²õÌý±ð²Ô»å±ð»åÌý¶Ù±ð³¦±ð³¾²ú±ð°ùÌý31, |
Ìý |
​ |
​ |
2023 |
​ |
2022 |
​ |
2021 |
Ìý |
​ |
​ |
Options |
​ |
Weighted |
​ |
Options |
​ |
Weighted |
​ |
Options |
​ |
Weighted |
Ìý |
​ |
​ |
granted |
​ |
average |
​ |
granted |
​ |
average |
​ |
granted |
​ |
average |
Ìý |
​ |
​ |
(000's) |
​ |
GDFV |
​ |
(000's) |
​ |
GDFV |
​ |
(000's) |
​ |
GDFV |
​ |
SeriesÌýC ÎçҹѰ»¨ SiriusXM common stock, ÎçҹѰ»¨ employees and directors (1) |
​ |
19 |
​ |
$ |
8.98 |
​ |
42 |
​ |
$ |
13.31 |
​ |
66 |
​ |
$ |
14.54 |
​ |
SeriesÌýC ÎçҹѰ»¨ SiriusXM common stock, ÎçҹѰ»¨ CEO (2) |
​ |
370 |
​ |
$ |
10.34 |
​ |
212 |
​ |
$ |
14.45 |
​ |
257 |
​ |
$ |
13.73 |
​ |
SeriesÌýC ÎçҹѰ»¨ Formula One common stock, ÎçҹѰ»¨ employees and directors (1) |
​ |
246 |
​ |
$ |
25.78 |
​ |
34 |
​ |
$ |
23.94 |
​ |
55 |
​ |
$ |
18.79 |
​ |
SeriesÌýC ÎçҹѰ»¨ Formula One common stock, ÎçҹѰ»¨ CEO (2) |
​ |
— |
​ |
$ |
— |
​ |
181 |
​ |
$ |
21.31 |
​ |
— |
​ |
$ |
— |
​ |
SeriesÌýC ÎçҹѰ»¨ Formula One common stock, Formula 1 employees (3) |
​ |
71 |
​ |
$ |
30.70 |
​ |
86 |
​ |
$ |
21.31 |
​ |
718 |
​ |
$ |
15.96 |
​ |
SeriesÌýC ÎçҹѰ»¨ Live common stock, ÎçҹѰ»¨ employees and directors (1) |
​ |
74 |
​ |
$ |
13.71 |
​ |
NA |
​ |
​ |
NA |
​ |
NA |
​ |
​ |
NA |
​ |
SeriesÌýC ÎçҹѰ»¨ Braves common stock, ÎçҹѰ»¨ employees and directors (1) |
​ |
3 |
​ |
$ |
14.24 |
​ |
10 |
​ |
$ |
12.40 |
​ |
23 |
​ |
$ |
9.93 |
​ |
SeriesÌýC ÎçҹѰ»¨ Braves common stock, ÎçҹѰ»¨ CEO (2) |
​ |
— |
​ |
$ |
— |
​ |
95 |
​ |
$ |
9.16 |
​ |
— |
​ |
$ |
— |
​ |
| (1) |
Mainly vests between one and three years for employees and in one year for directors.
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| (2) |
Grant made in March 2023 cliff vested in December 2023. Grants made in March 2022 cliff vested in December 2022. Grant made in March 2021 cliff vested in December 2021. See discussion in note 13 regarding the compensation agreement with the Company’s CEO. |
| (3) |
Grants made in 2023, 2022 and 2021 vested in equal quarterly installments over one year.
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| Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions |
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Volatility |
Ìý |
2023 grants |
Ìý |
25.5 |
% |
- |
37.3 |
% |
2022 grants |
Ìý |
25.5 |
% |
- |
37.4 |
% |
2021 grants |
Ìý |
30.9 |
% |
- |
37.4 |
% |
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| ÎçҹѰ»¨ SiriusXM Group |
Ìý
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| Schedule of stock awards activity |
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​ |
SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
​ |
ÎçҹѰ»¨ |
​ |
​ |
​ |
remaining |
​ |
value |
​ |
​ |
​ |
OptionsÌý(000's) |
​ |
WAEP |
​ |
life |
​ |
(in millions) |
​ |
Outstanding at JanuaryÌý1, 2023 |
Ìý |
6,862 |
​ |
$ |
39.83 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Granted |
Ìý |
389 |
​ |
$ |
31.03 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Exercised |
Ìý |
(263) |
​ |
$ |
30.84 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Forfeited/Cancelled |
​ |
(1,292) |
​ |
$ |
31.16 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Reclassification adjustment |
​ |
167 |
​ |
$ |
28.88 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Outstanding at December 31, 2023 |
Ìý |
5,863 |
​ |
$ |
29.13 |
Ìý |
2.8 |
years |
​ |
$ |
6 |
​ |
Exercisable at DecemberÌý31, 2023 |
Ìý |
5,051 |
​ |
$ |
29.08 |
Ìý |
2.6 |
years |
​ |
$ |
6 |
​ |
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| Formula One Group |
Ìý
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| Schedule of stock awards activity |
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​ |
​ |
SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
​ |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
​ |
ÎçҹѰ»¨ |
​ |
​ |
​ |
​ |
remaining |
​ |
value |
​ |
​ |
​ |
ÌýOptionsÌý(000's) |
​ |
WAEP |
​ |
life |
​ |
(in millions) |
​ |
Outstanding at JanuaryÌý1, 2023 |
Ìý |
7,086 |
​ |
$ |
36.18 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Granted |
Ìý |
317 |
​ |
$ |
65.84 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Exercised |
Ìý |
(891) |
​ |
$ |
30.30 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Forfeited/Cancelled |
Ìý |
— |
​ |
$ |
— |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Formula One Distribution adjustment |
​ |
188 |
​ |
$ |
36.36 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Reclassification adjustment |
​ |
(101) |
​ |
$ |
38.36 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Outstanding at December 31, 2023 |
Ìý |
6,599 |
​ |
$ |
37.62 |
Ìý |
3.2 |
years |
​ |
$ |
169 |
​ |
Exercisable at DecemberÌý31, 2023 |
Ìý |
5,717 |
​ |
$ |
35.94 |
Ìý |
2.9 |
years |
​ |
$ |
156 |
​ |
|
| ÎçҹѰ»¨ Live Group |
Ìý
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| Schedule of stock awards activity |
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​ |
​ |
SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
​ |
ÎçҹѰ»¨ |
​ |
​ |
​ |
remaining |
​ |
value |
​ |
​ |
​ |
OptionsÌý(000's) |
​ |
WAEP |
​ |
life |
​ |
(in millions) |
​ |
Outstanding at JanuaryÌý1, 2023 |
Ìý |
NA |
​ |
​ |
NA |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Granted |
Ìý |
74 |
​ |
$ |
33.97 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Exercised |
Ìý |
— |
​ |
$ |
— |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Forfeited/Cancelled |
​ |
(25) |
​ |
$ |
38.94 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Reclassification adjustment |
​ |
1,603 |
​ |
$ |
42.69 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Outstanding at December 31, 2023 |
Ìý |
1,652 |
​ |
$ |
42.36 |
Ìý |
3.0 |
years |
​ |
$ |
3 |
​ |
Exercisable at DecemberÌý31, 2023 |
Ìý |
1,348 |
​ |
$ |
42.86 |
Ìý |
2.6 |
years |
​ |
$ |
2 |
​ |
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| Braves Group |
Ìý
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| Schedule of stock awards activity |
​
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​ |
​ |
SeriesÌýC |
​ |
​ |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Weighted |
ÌýÌýÌýÌý |
Aggregate |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
average |
​ |
intrinsic |
​ |
​ |
​ |
ÎçҹѰ»¨ |
​ |
​ |
​ |
remaining |
​ |
value |
​ |
​ |
​ |
OptionsÌý(000's) |
​ |
WAEP |
​ |
life |
​ |
(in millions) |
​ |
Outstanding at JanuaryÌý1, 2023 |
Ìý |
3,108 |
​ |
$ |
26.17 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Granted |
Ìý |
3 |
​ |
$ |
37.50 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Exercised |
Ìý |
(151) |
​ |
$ |
18.42 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Forfeited/Cancelled |
​ |
(4) |
​ |
$ |
22.75 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Split-Off |
​ |
(2,956) |
​ |
$ |
26.59 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Outstanding at December 31, 2023 |
Ìý |
— |
​ |
$ |
— |
Ìý |
​ |
NA |
​ |
​ |
NA |
​ |
Exercisable at DecemberÌý31, 2023 |
Ìý |
— |
​ |
$ |
— |
Ìý |
​ |
NA |
​ |
​ |
NA |
​ |
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