10-Q Filing

SPHERE ENTERTAINMENT CO. CIK: 1795250 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001795250-24-000009`
Period End Date	20231231
Filing Date	20240205
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	sphr-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 64 Cash Flow Statement 94 Stockholders Equity 51 Comprehensive Income 14

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations`	$429.11M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations`	$627.83M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$623.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$878.65M	USD	Point-in-time
Investments in nonconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$394.52M	USD	Point-in-time
Investments in nonconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$50.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.29B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.31B	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$84.91M	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$86.60M	USD	Point-in-time
Goodwill	`Goodwill`	$456.81M	USD	Point-in-time
Goodwill	`Goodwill`	$456.81M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$16.35M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$17.91M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$106.04M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$87.79M	USD	Point-in-time
Total assets	`Assets`	$4.97B	USD	Point-in-time
Total assets	`Assets`	$4.88B	USD	Point-in-time
Accounts payable, accrued and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$515.73M	USD	Point-in-time
Accounts payable, accrued and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$391.90M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$890.11M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$82.50M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.73M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$10.13M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$27.34M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$78.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.40B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$692.14M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$521.41M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.12B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$110.26M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$109.30M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$379.55M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$272.45M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$88.81M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$116.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.42B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.39B	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
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.37B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$105.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$212.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.31M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.47B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.97B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.88B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$159.54M	USD	1 Quarter
Revenues	`Revenues`	$282.67M	USD	2 Qtrs
Revenues	`Revenues`	$314.16M	USD	1 Quarter
Revenues	`Revenues`	$432.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$94.29M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$4.68M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$8.07M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$8.07M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$1.29M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$41.07M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.13M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.77M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.35M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-27.31M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-173.25M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-106.18M	USD	2 Qtrs
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-73.61M	USD	2 Qtrs
Income (loss) from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$97.86M	USD	1 Quarter
Income (loss) from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$100.12M	USD	2 Qtrs
Income (loss) from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-647.00K	USD	2 Qtrs
Income (loss) from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-106.82M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-173.25M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$70.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$26.51M	USD	2 Qtrs
Less: Net income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.15M	USD	2 Qtrs
Less: Net income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$3.03M	USD	1 Quarter
Net (loss) income attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$22.83M	USD	2 Qtrs
Net (loss) income attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$67.58M	USD	1 Quarter
Net (loss) income attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-173.25M	USD	1 Quarter
Net (loss) income attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-106.82M	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-2.13	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.79	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-3.02	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-4.91	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$2.74	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$2.79	USD	2 Qtrs
Basic (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareBasic`	$-4.91	USD	1 Quarter
Basic (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareBasic`	$-3.04	USD	2 Qtrs
Basic (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.95	USD	1 Quarter
Basic (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-4.91	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.79	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-3.02	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-2.13	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$2.79	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$2.74	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	2 Qtrs
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-3.04	USD	2 Qtrs
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareDiluted`	$1.95	USD	1 Quarter
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-4.91	USD	1 Quarter
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.54M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.11M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.68M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.61M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.11M	shares	2 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-106.82M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-173.25M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$70.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$26.51M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$94.29M	USD	2 Qtrs
Impairment and other losses (gains), net	`OtherOperatingIncomeExpenseNet`	$-115.74M	USD	2 Qtrs
Impairment and other losses (gains), net	`OtherOperatingIncomeExpenseNet`	$7.88M	USD	2 Qtrs
Amortization of debt discount and deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.63M	USD	2 Qtrs
Amortization of debt discount and deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.15M	USD	2 Qtrs
Amortization of deferred production content	`AmortizationOfProducedContentCosts`	$5.54M	USD	1 Quarter
Amortization of deferred production content	`AmortizationOfProducedContentCosts`	$5.54M	USD	2 Qtrs
Amortization of deferred production content	`AmortizationOfProducedContentCosts`	-	USD	2 Qtrs
Amortization of deferred production content	`AmortizationOfProducedContentCosts`	-	USD	1 Quarter
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-106.69M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$2.26M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$16.85M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$35.67M	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$13.31M	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$2.04M	USD	2 Qtrs
Net unrealized and realized loss on equity investments with readily determinable fair value and loss in nonconsolidated affiliates	`EquitySecuritiesFvNiGainLoss`	$-19.88M	USD	2 Qtrs
Net unrealized and realized loss on equity investments with readily determinable fair value and loss in nonconsolidated affiliates	`EquitySecuritiesFvNiGainLoss`	$-2.98M	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$435.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-961.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-9.42M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$67.49M	USD	2 Qtrs
Related party receivables and payables, net	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$30.68M	USD	2 Qtrs
Related party receivables and payables, net	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-5.23M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.51M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.65M	USD	2 Qtrs
Accounts payable, accrued and other current and non-current liabilities	`IncreaseDecreaseInAccountsPayableTrade`	$-54.03M	USD	2 Qtrs
Accounts payable, accrued and other current and non-current liabilities	`IncreaseDecreaseInAccountsPayableTrade`	$-42.69M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-17.30M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$67.44M	USD	2 Qtrs
Right-of-use lease assets and operating lease liabilities	`IncreaseDecreaseInRightOfUseAssetsAndLiabilities`	$-11.04M	USD	2 Qtrs
Right-of-use lease assets and operating lease liabilities	`IncreaseDecreaseInRightOfUseAssetsAndLiabilities`	$-765.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.24M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$54.97M	USD	2 Qtrs
Proceeds from sale of MSGE Retained Interest	`ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates`	-	USD	2 Qtrs
Proceeds from sale of MSGE Retained Interest	`ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates`	$256.50M	USD	2 Qtrs
Capital expenditures, net	`PaymentsForProceedsFromProductiveAssets`	$230.47M	USD	2 Qtrs
Capital expenditures, net	`PaymentsForProceedsFromProductiveAssets`	$558.81M	USD	2 Qtrs
Capitalized interest	`InterestPaidCapitalized`	$50.34M	USD	2 Qtrs
Capitalized interest	`InterestPaidCapitalized`	$25.05M	USD	2 Qtrs
Proceeds from dispositions, net	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$27.90M	USD	2 Qtrs
Proceeds from dispositions, net	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	2 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	-	USD	2 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$3.82M	USD	2 Qtrs
Other investing activities	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.51M	USD	2 Qtrs
Other investing activities	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-575.91M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$973.00K	USD	2 Qtrs
Proceeds from issuance of 3.50% Convertible Senior Notes due 2028	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of 3.50% Convertible Senior Notes due 2028	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$251.63M	USD	2 Qtrs
Proceeds from Delayed Draw Term Loan Facility	`ProceedsFromRepaymentsOfSecuredDebt`	$65.00M	USD	2 Qtrs
Proceeds from Delayed Draw Term Loan Facility	`ProceedsFromRepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.62M	USD	2 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.98M	USD	2 Qtrs
Principal repayments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$26.62M	USD	2 Qtrs
Principal repayments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$41.25M	USD	2 Qtrs
Purchase of capped call related to 3.50% Convertible Senior Notes due 2028	`PaymentsForDerivativeInstrumentFinancingActivities`	$14.31M	USD	2 Qtrs
Purchase of capped call related to 3.50% Convertible Senior Notes due 2028	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	2 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$484.00K	USD	2 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$5.11M	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfSecuredDebt`	$275.00M	USD	2 Qtrs
Noncontrolling interest holders capital contributions	`ProceedsFromContributedCapital`	-	USD	2 Qtrs
Noncontrolling interest holders capital contributions	`ProceedsFromContributedCapital`	$2.00M	USD	2 Qtrs
Distributions to noncontrolling interest holders	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	2 Qtrs
Distributions to noncontrolling interest holders	`ProceedsFromPaymentsToMinorityShareholders`	$-1.32M	USD	2 Qtrs
Distributions to related parties associated with the settlement of certain share-based awards	`PaymentToRelatedPartiesForShareBasedAwardSettlement`	$571.00K	USD	2 Qtrs
Distributions to related parties associated with the settlement of certain share-based awards	`PaymentToRelatedPartiesForShareBasedAwardSettlement`	-	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$788.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$245.97M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$229.18M	USD	2 Qtrs
Effect of exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.00K	USD	2 Qtrs
Effect of exchange rates on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-505.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-292.27M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$198.71M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$846.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$627.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$553.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.11M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$846.01M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$627.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$553.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.11M	USD	Point-in-time
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$64.54M	USD	2 Qtrs
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$38.13M	USD	2 Qtrs
Non-cash repayment of the Delayed Draw Term Loan Facility	`NoncashRepaymentsOfDebt`	-	USD	2 Qtrs
Non-cash repayment of the Delayed Draw Term Loan Facility	`NoncashRepaymentsOfDebt`	$65.51M	USD	2 Qtrs
Share-based compensation capitalized in property and equipment	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.57M	USD	2 Qtrs
Share-based compensation capitalized in property and equipment	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.80M	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.47B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-173.25M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$22.36M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-106.82M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$67.53M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.38M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$12.42M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.67M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-208.00K	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.78M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.43M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.30M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.64M	USD	1 Quarter
Purchase of capped call related to 3.50% Convertible Senior Notes due 2028	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCalls`	$14.31M	USD	1 Quarter
Purchase of capped call related to 3.50% Convertible Senior Notes due 2028	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCalls`	$14.31M	USD	2 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.62M	USD	2 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$472.00K	USD	1 Quarter
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	1 Quarter
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.98M	USD	2 Qtrs
BCE disposition	`GainLossOnSaleOfBusiness`	$667.00K	USD	2 Qtrs
BCE disposition	`GainLossOnSaleOfBusiness`	$667.00K	USD	1 Quarter
Accretion of put options and adjustments	`TemporaryEquityAccretionOfPutOptions`	$-895.00K	USD	2 Qtrs
Accretion of put options and adjustments	`TemporaryEquityAccretionOfPutOptions`	$-895.00K	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.50M	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$2.00M	USD	2 Qtrs
Distributions	`DistributedEarnings`	$1.70M	USD	2 Qtrs
Distributions	`DistributedEarnings`	$795.00K	USD	1 Quarter
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.47B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$190.22M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$184.19M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$185.71M	USD	Point-in-time
Net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.15M	USD	2 Qtrs
Net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$3.03M	USD	1 Quarter
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.07M	USD	2 Qtrs
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.48M	USD	1 Quarter
Noncontrolling interest, decrease from distributions to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$192.00K	USD	2 Qtrs
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$190.22M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$184.19M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$185.71M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-106.82M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-173.25M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$70.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$26.51M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-1.38M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$12.42M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$4.67M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-208.00K	USD	2 Qtrs
Less: Net income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.15M	USD	2 Qtrs
Less: Net income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$3.03M	USD	1 Quarter
Comprehensive (loss) income attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-108.20M	USD	2 Qtrs
Comprehensive (loss) income attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$80.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-168.58M	USD	1 Quarter
Comprehensive (loss) income attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$22.62M	USD	2 Qtrs

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