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10-Q Filing

SPHERE ENTERTAINMENT CO. CIK: 1795250 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001795250-21-000004
Period End Date 20201231
Filing Date 20210212
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance msge-20201231_htm.xml
Balance Sheet 104 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $906.55M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.45B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.08B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.01B USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $26.21M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $17.90M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $17.75M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $10.01M USD Point-in-time
Short-term investments ShortTermInvestments $337.19M USD Point-in-time
Short-term investments ShortTermInvestments - USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $73.71M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $57.18M USD Point-in-time
Net related party receivables AccountsReceivableRelatedPartiesCurrent $31.17M USD Point-in-time
Net related party receivables AccountsReceivableRelatedPartiesCurrent $23.06M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $56.07M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $62.13M USD Point-in-time
Other current assets OtherAssetsCurrent $22.63M USD Point-in-time
Other current assets OtherAssetsCurrent $23.79M USD Point-in-time
Total current assets AssetsCurrent $1.66B USD Point-in-time
Total current assets AssetsCurrent $1.43B USD Point-in-time
Investments in nonconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $49.63M USD Point-in-time
Investments in nonconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $52.62M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.84B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.65B USD Point-in-time
Right-of-use lease assets OperatingLeaseRightOfUseAsset $220.33M USD Point-in-time
Right-of-use lease assets OperatingLeaseRightOfUseAsset $198.46M USD Point-in-time
Amortizable intangible assets, net FiniteLivedIntangibleAssetsNet $150.43M USD Point-in-time
Amortizable intangible assets, net FiniteLivedIntangibleAssetsNet $144.66M USD Point-in-time
Indefinite-lived intangible assets IndefiniteLivedIntangibleAssetsExcludingGoodwill $63.80M USD Point-in-time
Indefinite-lived intangible assets IndefiniteLivedIntangibleAssetsExcludingGoodwill $63.80M USD Point-in-time
Goodwill Goodwill $74.31M USD Point-in-time
Goodwill Goodwill $74.31M USD Point-in-time
Other assets OtherAssetsNoncurrent $85.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $91.62M USD Point-in-time
Total assets Assets $4.12B USD Point-in-time
Total assets Assets $3.72B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.95M USD Point-in-time
Accounts payable AccountsPayableCurrent $17.26M USD Point-in-time
Net related party payables, current DueToRelatedPartiesCurrent $16.43M USD Point-in-time
Net related party payables, current DueToRelatedPartiesCurrent $18.42M USD Point-in-time
Current portion of long-term debt, net of deferred financing costs LongTermDebtCurrent $5.12M USD Point-in-time
Current portion of long-term debt, net of deferred financing costs LongTermDebtCurrent $5.43M USD Point-in-time
Employee related costs EmployeeRelatedLiabilitiesCurrent $68.84M USD Point-in-time
Employee related costs EmployeeRelatedLiabilitiesCurrent $50.98M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $125.45M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $114.33M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $54.96M USD Point-in-time
Operating lease liabilities, current OperatingLeaseLiabilityCurrent $53.39M USD Point-in-time
Collections due to promoters DueToThirdPartyPromoters $31.88M USD Point-in-time
Collections due to promoters DueToThirdPartyPromoters $19.88M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $189.31M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $205.64M USD Point-in-time
Total current liabilities LiabilitiesCurrent $472.28M USD Point-in-time
Total current liabilities LiabilitiesCurrent $509.97M USD Point-in-time
Long-term debt, net of deferred financing costs LongTermDebtNoncurrent $649.45M USD Point-in-time
Long-term debt, net of deferred financing costs LongTermDebtNoncurrent $28.13M USD Point-in-time
Operating lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $174.22M USD Point-in-time
Operating lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $155.44M USD Point-in-time
Defined benefit and other postretirement obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $25.10M USD Point-in-time
Defined benefit and other postretirement obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $26.13M USD Point-in-time
Other employee related costs OtherEmployeeRelatedLiabilitiesNoncurrent $13.48M USD Point-in-time
Other employee related costs OtherEmployeeRelatedLiabilitiesNoncurrent $15.59M USD Point-in-time
Collections due to promoters, noncurrent DueToThirdPartyPromotersNonCurrent - USD Point-in-time
Collections due to promoters, noncurrent DueToThirdPartyPromotersNonCurrent $5.18M USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $12.93M USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $12.45M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $78.28M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $78.14M USD Point-in-time
Total liabilities Liabilities $844.77M USD Point-in-time
Total liabilities Liabilities $1.41B USD Point-in-time
Commitments and contingencies (see Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 10) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $20.60M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $14.54M USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 15.00M shares Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 15.00M shares Point-in-time
Preferred Stock, Shares Outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, Shares Outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Additional Paid in Capital AdditionalPaidInCapitalCommonStock $2.75B USD Point-in-time
Additional Paid in Capital AdditionalPaidInCapitalCommonStock $2.78B USD Point-in-time
Retained Earnings RetainedEarningsAccumulatedDeficit $-72.77M USD Point-in-time
Retained Earnings RetainedEarningsAccumulatedDeficit $141.94M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-46.92M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-56.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-25.38M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-37.55M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-33.07M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-51.86M USD Point-in-time
Total Madison Square Garden Entertainment Corp. stockholders equity StockholdersEquity $2.68B USD Point-in-time
Total Madison Square Garden Entertainment Corp. stockholders equity StockholdersEquity $2.84B USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $12.20M USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $11.17M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.85B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.70B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $4.12B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $3.72B USD Point-in-time
Income Statement 88 line items
Line Item Tag Value Unit Period
Revenues Revenues $23.14M USD 1 Quarter
Revenues Revenues $572.03M USD 2 Qtrs
Revenues Revenues $37.52M USD 2 Qtrs
Revenues Revenues $394.07M USD 1 Quarter
Direct operating expenses DirectOperatingCosts $210.19M USD 1 Quarter
Direct operating expenses DirectOperatingCosts $69.62M USD 2 Qtrs
Direct operating expenses DirectOperatingCosts $341.72M USD 2 Qtrs
Direct operating expenses DirectOperatingCosts $35.46M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $74.95M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $174.62M USD 2 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $86.85M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $135.28M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $23.88M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $50.46M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $54.25M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $27.43M USD 1 Quarter
Restructuring charges RestructuringCharges $1.37M USD 1 Quarter
Restructuring charges RestructuringCharges - USD 1 Quarter
Restructuring charges RestructuringCharges $21.30M USD 2 Qtrs
Restructuring charges RestructuringCharges - USD 2 Qtrs
Operating income (loss) OperatingIncomeLoss $1.44M USD 2 Qtrs
Operating income (loss) OperatingIncomeLoss $-112.52M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-239.14M USD 2 Qtrs
Operating income (loss) OperatingIncomeLoss $69.59M USD 1 Quarter
Revenues from related parties RevenueFromRelatedParties $5.26M USD 1 Quarter
Revenues from related parties RevenueFromRelatedParties $7.46M USD 2 Qtrs
Revenues from related parties RevenueFromRelatedParties $9.28M USD 2 Qtrs
Revenues from related parties RevenueFromRelatedParties $984.00K USD 1 Quarter
Direct operating expenses from (to) related parties RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty $23.98M USD 1 Quarter
Loss in equity method investments IncomeLossFromEquityMethodInvestments $-3.26M USD 2 Qtrs
Direct operating expenses from (to) related parties RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty $15.00K USD 1 Quarter
Loss in equity method investments IncomeLossFromEquityMethodInvestments $-2.64M USD 2 Qtrs
Direct operating expenses from (to) related parties RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty $96.00K USD 2 Qtrs
Direct operating expenses from (to) related parties RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty $40.41M USD 2 Qtrs
Loss in equity method investments IncomeLossFromEquityMethodInvestments $-1.17M USD 1 Quarter
Loss in equity method investments IncomeLossFromEquityMethodInvestments $-1.57M USD 1 Quarter
Interest income InvestmentIncomeInterest $644.00K USD 2 Qtrs
Interest income InvestmentIncomeInterest $6.27M USD 1 Quarter
Selling, general and administrative expenses from (to) related parties RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty $31.97M USD 1 Quarter
Interest income InvestmentIncomeInterest $13.58M USD 2 Qtrs
Interest income InvestmentIncomeInterest $349.00K USD 1 Quarter
Selling, general and administrative expenses from (to) related parties RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty $21.97M USD 2 Qtrs
Selling, general and administrative expenses from (to) related parties RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty $10.09M USD 1 Quarter
Selling, general and administrative expenses from (to) related parties RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty $65.76M USD 2 Qtrs
Interest expense InterestExpense $8.08M USD 2 Qtrs
Interest expense InterestExpense $7.67M USD 1 Quarter
Interest expense InterestExpense $1.25M USD 2 Qtrs
Interest expense InterestExpense $144.00K USD 1 Quarter
Miscellaneous income (expense), net OtherNonoperatingIncomeExpense $16.39M USD 2 Qtrs
Miscellaneous income (expense), net OtherNonoperatingIncomeExpense $9.36M USD 1 Quarter
Miscellaneous income (expense), net OtherNonoperatingIncomeExpense $26.86M USD 2 Qtrs
Miscellaneous income (expense), net OtherNonoperatingIncomeExpense $-7.36M USD 1 Quarter
Nonoperating income NonoperatingIncomeExpense $-16.26M USD 1 Quarter
Nonoperating income NonoperatingIncomeExpense $14.31M USD 1 Quarter
Nonoperating income NonoperatingIncomeExpense $26.08M USD 2 Qtrs
Nonoperating income NonoperatingIncomeExpense $16.16M USD 2 Qtrs
Income (loss) from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $83.90M USD 1 Quarter
Income (loss) from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-222.98M USD 2 Qtrs
Income (loss) from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $27.52M USD 2 Qtrs
Income (loss) from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-128.78M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $323.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.25M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $486.00K USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $1.44M USD 2 Qtrs
Net income (loss) ProfitLoss $-129.10M USD 1 Quarter
Net income (loss) ProfitLoss $82.64M USD 1 Quarter
Net income (loss) ProfitLoss $-223.47M USD 2 Qtrs
Net income (loss) ProfitLoss $26.08M USD 2 Qtrs
Less: Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-7.23M USD 2 Qtrs
Less: Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $249.00K USD 2 Qtrs
Less: Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $885.00K USD 1 Quarter
Less: Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-3.34M USD 1 Quarter
Less: Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.53M USD 2 Qtrs
Less: Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $453.00K USD 1 Quarter
Less: Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-902.00K USD 1 Quarter
Less: Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $493.00K USD 2 Qtrs
Net income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders NetIncomeLoss $81.31M USD 1 Quarter
Net income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders NetIncomeLoss $-214.70M USD 2 Qtrs
Net income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders NetIncomeLoss $25.34M USD 2 Qtrs
Net income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders NetIncomeLoss $-124.86M USD 1 Quarter
Basic and diluted earnings (loss) per common share attributable to the Company EarningsPerShareBasicAndDiluted $-8.91 USD 2 Qtrs
Basic and diluted earnings (loss) per common share attributable to the Company EarningsPerShareBasicAndDiluted $3.39 USD 1 Quarter
Basic and diluted earnings (loss) per common share attributable to the Company EarningsPerShareBasicAndDiluted $-5.17 USD 1 Quarter
Basic and diluted earnings (loss) per common share attributable to the Company EarningsPerShareBasicAndDiluted $1.06 USD 2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 23.99M shares 2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 24.11M shares 2 Qtrs
Weighted Average Number of Shares Outstanding, Basic and Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 23.99M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 24.15M shares 1 Quarter
Cash Flow Statement 96 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-129.10M USD 1 Quarter
Net income (loss) ProfitLoss $82.64M USD 1 Quarter
Net income (loss) ProfitLoss $-223.47M USD 2 Qtrs
Net income (loss) ProfitLoss $26.08M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $23.88M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $50.46M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $54.25M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $27.43M USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $476.00K USD 2 Qtrs
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $515.00K USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $20.46M USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $35.09M USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $10.37M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $23.56M USD 1 Quarter
Loss in equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-2.64M USD 2 Qtrs
Loss in equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-3.26M USD 2 Qtrs
Net unrealized and realized gains on equity investments with readily determinable fair value DebtAndEquitySecuritiesUnrealizedGainLoss $14.72M USD 2 Qtrs
Net unrealized and realized gains on equity investments with readily determinable fair value DebtAndEquitySecuritiesUnrealizedGainLoss $26.43M USD 2 Qtrs
Provision for credit losses ProvisionForDoubtfulAccounts $4.45M USD 2 Qtrs
Provision for credit losses ProvisionForDoubtfulAccounts $770.00K USD 2 Qtrs
Other non-cash adjustments OtherNoncashIncomeExpense $-707.00K USD 2 Qtrs
Other non-cash adjustments OtherNoncashIncomeExpense $-1.35M USD 2 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $8.96M USD 2 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $17.30M USD 2 Qtrs
Receivables from related parties, net of payables IncreaseDecreaseInDueFromAffiliatesCurrent $10.10M USD 2 Qtrs
Receivables from related parties, net of payables IncreaseDecreaseInDueFromAffiliatesCurrent $-9.32M USD 2 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.26M USD 2 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $23.22M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-12.31M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayableTrade $17.92M USD 2 Qtrs
Accrued and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-27.68M USD 2 Qtrs
Accrued and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $19.58M USD 2 Qtrs
Collections due to promoters, including noncurrent portion Increasedecreaseincollectionsduetopromoters $-6.40M USD 2 Qtrs
Collections due to promoters, including noncurrent portion Increasedecreaseincollectionsduetopromoters $-6.82M USD 2 Qtrs
Deferred revenue IncreaseDecreaseInDeferredLiabilities $-2.91M USD 2 Qtrs
Deferred revenue IncreaseDecreaseInDeferredLiabilities $14.66M USD 2 Qtrs
Operating lease right-of-use assets and lease liabilities Increasedecreaseinrightofuseassetsandliabilities $4.04M USD 2 Qtrs
Operating lease right-of-use assets and lease liabilities Increasedecreaseinrightofuseassetsandliabilities $4.66M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-215.63M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $103.76M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $107.24M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $219.30M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $208.03M USD 2 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $121.67M USD 1 Quarter
Purchase of short-term investments PaymentsToAcquireInvestments - USD 2 Qtrs
Purchase of short-term investments PaymentsToAcquireInvestments $106.06M USD 2 Qtrs
Proceeds from maturity of short-term investments ProceedsFromSaleAndMaturityOfOtherInvestments $106.59M USD 2 Qtrs
Proceeds from maturity of short-term investments ProceedsFromSaleAndMaturityOfOtherInvestments $339.11M USD 2 Qtrs
Proceeds from sale of equity securities ProceedsFromSaleAndMaturityOfMarketableSecurities $20.58M USD 1 Quarter
Proceeds from sale of equity securities ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 2 Qtrs
Proceeds from sale of equity securities ProceedsFromSaleAndMaturityOfMarketableSecurities $20.58M USD 2 Qtrs
Proceeds from sale of nonconsolidated affiliate ProceedsFromSaleOfEquityMethodInvestments - USD 2 Qtrs
Proceeds from sale of nonconsolidated affiliate ProceedsFromSaleOfEquityMethodInvestments $18.00M USD 2 Qtrs
Loan repayment received from subordinated debt PaymentsForProceedsFromLoansReceivable $-58.73M USD 2 Qtrs
Loan repayment received from subordinated debt PaymentsForProceedsFromLoansReceivable - USD 2 Qtrs
Cash received for notes receivable ProceedsFromCollectionOfNotesReceivable $750.00K USD 2 Qtrs
Cash received for notes receivable ProceedsFromCollectionOfNotesReceivable $6.33M USD 2 Qtrs
Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $43.00K USD 2 Qtrs
Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities $-413.00K USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $146.68M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-129.61M USD 2 Qtrs
Proceeds from issuance of term loan, net of issuance discount ProceedsFromIssuanceOfLongTermDebt $630.50M USD 2 Qtrs
Proceeds from issuance of term loan, net of issuance discount ProceedsFromIssuanceOfLongTermDebt - USD 2 Qtrs
Proceeds from Lines of Credit ProceedsFromLinesOfCredit - USD 2 Qtrs
Proceeds from Lines of Credit ProceedsFromLinesOfCredit $6.50M USD 2 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 2 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.97M USD 2 Qtrs
Noncontrolling interest holders capital contribution ProceedsFromMinorityShareholders $2.00M USD 2 Qtrs
Noncontrolling interest holders capital contribution ProceedsFromMinorityShareholders $500.00K USD 2 Qtrs
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $535.00K USD 2 Qtrs
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders - USD 2 Qtrs
Repayment of revolving credit facility RepaymentsOfLongTermLinesOfCredit $15.00M USD 2 Qtrs
Principal repayment on long-term debt RepaymentsOfOtherLongTermDebt $3.75M USD 2 Qtrs
Principal repayment on long-term debt RepaymentsOfOtherLongTermDebt $2.50M USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts - USD 2 Qtrs
Payments for financing costs PaymentsOfFinancingCosts $14.62M USD 2 Qtrs
Net transfers from (to) Madison Square Garden Sports Corp. and its subsidiaries PaymentsOfDistributionsToAffiliates - USD 2 Qtrs
Net transfers from (to) Madison Square Garden Sports Corp. and its subsidiaries PaymentsOfDistributionsToAffiliates $23.60M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $614.41M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-40.88M USD 2 Qtrs
Effect of exchange rates on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.69M USD 2 Qtrs
Effect of exchange rates on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.79M USD 2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-65.04M USD 2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $553.25M USD 2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.03B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.48B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.09B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $924.30M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.03B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.48B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.09B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $924.30M USD Point-in-time
Capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $76.94M USD 2 Qtrs
Capital expenditures incurred but not yet paid CapitalExpendituresIncurredButNotYetPaid $46.15M USD 2 Qtrs
Share-based compensation capitalized in property and equipment EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $2.48M USD 2 Qtrs
Share-based compensation capitalized in property and equipment EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $2.78M USD 2 Qtrs
Stockholders Equity 60 line items
Line Item Tag Value Unit Period
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.85B USD Point-in-time
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.70B USD Point-in-time
Balance at the beginning of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Net income (loss) attributable to parent NetIncomeLoss $81.31M USD 1 Quarter
Net income (loss) attributable to parent NetIncomeLoss $-214.70M USD 2 Qtrs
Net income (loss) attributable to parent NetIncomeLoss $25.34M USD 2 Qtrs
Net income (loss) attributable to parent NetIncomeLoss $-124.86M USD 1 Quarter
Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-1.53M USD 2 Qtrs
Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $453.00K USD 1 Quarter
Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-902.00K USD 1 Quarter
Net income (loss) attributable to nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $493.00K USD 2 Qtrs
Net income (loss) including portion attributable to nonredeemable noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $25.83M USD 2 Qtrs
Net income (loss) including portion attributable to nonredeemable noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-216.24M USD 2 Qtrs
Net income (loss) including portion attributable to nonredeemable noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $81.76M USD 1 Quarter
Net income (loss) including portion attributable to nonredeemable noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-125.76M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $12.17M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $13.85M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $23.53M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $26.48M USD 2 Qtrs
Comprehensive income (loss) attributable to parent ComprehensiveIncomeNetOfTax $-188.23M USD 2 Qtrs
Comprehensive income (loss) attributable to parent ComprehensiveIncomeNetOfTax $39.19M USD 2 Qtrs
Comprehensive income (loss) attributable to parent ComprehensiveIncomeNetOfTax $-112.69M USD 1 Quarter
Comprehensive income (loss) attributable to parent ComprehensiveIncomeNetOfTax $104.84M USD 1 Quarter
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToTheParentAndNonredeemableControllingInterest $39.69M USD 2 Qtrs
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToTheParentAndNonredeemableControllingInterest $-113.59M USD 1 Quarter
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToTheParentAndNonredeemableControllingInterest $105.29M USD 1 Quarter
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToTheParentAndNonredeemableControllingInterest $-189.76M USD 2 Qtrs
Noncontrolling Interest, Increase from Sale of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $22.79M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $24.89M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $36.70M USD 2 Qtrs
Tax withholding associated with shares issued for equity-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $5.97M USD 2 Qtrs
Tax withholding associated with shares issued for equity-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $5.00K USD 1 Quarter
Net Increase (decrease) in Parent Company Investment IncreaseDecreaseInParentCompanyInvestment $-663.00K USD 2 Qtrs
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $2.00M USD 1 Quarter
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $500.00K USD 2 Qtrs
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $3.71M USD 2 Qtrs
Contributions from noncontrolling interest holders NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $300.00K USD 1 Quarter
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $535.00K USD 1 Quarter
Distributions to noncontrolling interest holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $535.00K USD 2 Qtrs
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.85B USD Point-in-time
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.70B USD Point-in-time
Balance at the end of the period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Balance at the beginning of the period RedeemableNoncontrollingInterestEquityCarryingAmount $20.60M USD Point-in-time
Balance at the beginning of the period RedeemableNoncontrollingInterestEquityCarryingAmount $14.54M USD Point-in-time
Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-7.23M USD 2 Qtrs
Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $249.00K USD 2 Qtrs
Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $885.00K USD 1 Quarter
Net income (loss) attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-3.34M USD 1 Quarter
Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $-7.23M USD 2 Qtrs
Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $249.00K USD 2 Qtrs
Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $885.00K USD 1 Quarter
Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $-3.34M USD 1 Quarter
Balance at the end of the period RedeemableNoncontrollingInterestEquityCarryingAmount $20.60M USD Point-in-time
Balance at the end of the period RedeemableNoncontrollingInterestEquityCarryingAmount $14.54M USD Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-129.10M USD 1 Quarter
Net income (loss) ProfitLoss $82.64M USD 1 Quarter
Net income (loss) ProfitLoss $-223.47M USD 2 Qtrs
Net income (loss) ProfitLoss $26.08M USD 2 Qtrs
Amortization of actuarial loss included in net periodic benefit cost OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-685.00K USD 2 Qtrs
Amortization of actuarial loss included in net periodic benefit cost OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-290.00K USD 1 Quarter
Amortization of actuarial loss included in net periodic benefit cost OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-346.00K USD 1 Quarter
Amortization of actuarial loss included in net periodic benefit cost OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-642.00K USD 2 Qtrs
Cumulative translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $23.19M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $25.83M USD 2 Qtrs
Cumulative translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $11.88M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $13.17M USD 2 Qtrs
Other comprehensive income, before income taxes OtherComprehensiveIncomeLossBeforeTax $23.53M USD 1 Quarter
Other comprehensive income, before income taxes OtherComprehensiveIncomeLossBeforeTax $26.48M USD 2 Qtrs
Other comprehensive income, before income taxes OtherComprehensiveIncomeLossBeforeTax $12.17M USD 1 Quarter
Other comprehensive income, before income taxes OtherComprehensiveIncomeLossBeforeTax $13.85M USD 2 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 1 Quarter
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 2 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 2 Qtrs
Income tax expense related to items of other comprehensive income OtherComprehensiveIncomeLossTax - USD 1 Quarter
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $12.17M USD 1 Quarter
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $13.85M USD 2 Qtrs
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $23.53M USD 1 Quarter
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $26.48M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-196.99M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-116.93M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $106.18M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $39.93M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $-7.23M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $249.00K USD 2 Qtrs
Less: Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $885.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterests $-3.34M USD 1 Quarter
Less: Comprehensive income (loss) attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterests $-902.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterests $493.00K USD 2 Qtrs
Less: Comprehensive income (loss) attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterests $-1.53M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to nonredeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoNonredeemableNoncontrollingInterests $453.00K USD 1 Quarter
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders ComprehensiveIncomeNetOfTax $-188.23M USD 2 Qtrs
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders ComprehensiveIncomeNetOfTax $39.19M USD 2 Qtrs
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders ComprehensiveIncomeNetOfTax $-112.69M USD 1 Quarter
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.s stockholders ComprehensiveIncomeNetOfTax $104.84M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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