2024 Q1 Form 10-Q Financial Statement
#000195207324000015 Filed on May 09, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
Revenue | $228.3M | $201.2M |
YoY Change | 13.46% | 3.73% |
Cost Of Revenue | $142.0M | $210.1M |
YoY Change | -32.42% | 91.04% |
Gross Profit | $86.29M | $153.2M |
YoY Change | -43.66% | 82.33% |
Gross Profit Margin | 37.8% | 76.11% |
Selling, General & Admin | $53.95M | $44.12M |
YoY Change | 22.26% | -6.18% |
% of Gross Profit | 62.51% | 28.81% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $13.18M | $14.80M |
YoY Change | -10.92% | -7.55% |
% of Gross Profit | 15.28% | 9.66% |
Operating Expenses | $53.95M | $44.12M |
YoY Change | 22.26% | -6.18% |
Operating Profit | $16.80M | $24.66M |
YoY Change | -31.87% | 55.89% |
Interest Expense | $14.43M | $13.42M |
YoY Change | 7.46% | 3.18% |
% of Operating Profit | 85.85% | 54.42% |
Other Income/Expense, Net | $78.00K | $8.070M |
YoY Change | -99.03% | -195.0% |
Pretax Income | $2.797M | -$62.63M |
YoY Change | -104.47% | 1427.51% |
Income Tax | $2.000K | $73.00K |
% Of Pretax Income | 0.07% | |
Net Earnings | $2.795M | $21.72M |
YoY Change | -87.13% | -652.67% |
Net Earnings / Revenue | 1.22% | 10.79% |
Basic Earnings Per Share | $0.06 | $0.42 |
Diluted Earnings Per Share | $0.06 | $0.42 |
COMMON SHARES | ||
Basic Shares Outstanding | 48.11M shares | 51.77M shares |
Diluted Shares Outstanding | 48.45M shares | 51.77M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $28.01M | $217.6M |
YoY Change | -87.13% | |
Cash & Equivalents | $28.01M | $123.0M |
Short-Term Investments | ||
Other Short-Term Assets | $4.429M | $5.786M |
YoY Change | -23.45% | |
Inventory | $4.314M | $3.231M |
Prepaid Expenses | $56.93M | |
Receivables | $108.6M | $130.6M |
Other Receivables | $29.69M | $0.00 |
Total Short-Term Assets | $255.8M | $408.4M |
YoY Change | -37.36% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $636.0M | $637.6M |
YoY Change | -0.26% | |
Goodwill | $69.04M | $69.04M |
YoY Change | 0.0% | |
Intangibles | $63.80M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $126.5M | $118.5M |
YoY Change | 6.73% | |
Total Long-Term Assets | $1.203B | $1.137B |
YoY Change | 5.75% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $255.8M | $408.4M |
Total Long-Term Assets | $1.203B | $1.137B |
Total Assets | $1.459B | $1.546B |
YoY Change | -5.64% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $23.50M | $18.71M |
YoY Change | 25.58% | |
Accrued Expenses | $50.11M | $41.16M |
YoY Change | 21.75% | |
Deferred Revenue | $251.3M | $258.1M |
YoY Change | -2.66% | |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $16.25M | $16.25M |
YoY Change | 0.0% | |
Total Short-Term Liabilities | $550.8M | $555.1M |
YoY Change | -0.78% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $602.5M | $643.3M |
YoY Change | -6.35% | |
Other Long-Term Liabilities | $44.85M | $50.95M |
YoY Change | -11.96% | |
Total Long-Term Liabilities | $647.3M | $694.3M |
YoY Change | -6.76% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $550.8M | $555.1M |
Total Long-Term Liabilities | $647.3M | $694.3M |
Total Liabilities | $1.553B | $1.502B |
YoY Change | 3.39% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $48.68M | |
YoY Change | ||
Common Stock | $29.66M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$94.56M | $43.50M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.459B | $1.546B |
YoY Change | -5.64% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.795M | $21.72M |
YoY Change | -87.13% | -652.67% |
Depreciation, Depletion And Amortization | $13.18M | $14.80M |
YoY Change | -10.92% | -7.55% |
Cash From Operating Activities | $5.822M | $82.86M |
YoY Change | -92.97% | 3845.67% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $8.431M | $205.7M |
YoY Change | -95.9% | 5777.29% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.463M | -$43.87M |
YoY Change | -96.67% | 554.78% |
Cash From Investing Activities | -$9.894M | -$249.6M |
YoY Change | -96.04% | 2323.06% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -5.192M | -28.69M |
YoY Change | -81.9% | 245.66% |
NET CHANGE | ||
Cash From Operating Activities | 5.822M | 82.86M |
Cash From Investing Activities | -9.894M | -249.6M |
Cash From Financing Activities | -5.192M | -28.69M |
Net Change In Cash | -9.264M | -195.4M |
YoY Change | -95.26% | 1084.28% |
FREE CASH FLOW | ||
Cash From Operating Activities | $5.822M | $82.86M |
Capital Expenditures | $8.431M | $205.7M |
Free Cash Flow | -$2.609M | -$122.8M |
YoY Change | -97.88% | 8674.71% |
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us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
878000 | usd | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3167000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
21987000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
78487000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
101405000 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
|
0 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3167000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
78487000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
101958000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
77373000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
100527000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
39972000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
46369000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
26186000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
24273000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
397000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
158000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2508000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2409000 | usd | |
msge |
Increase Decrease In Paid In Kind Interest
IncreaseDecreaseInPaidInKindInterest
|
-512000 | usd | |
msge |
Increase Decrease In Paid In Kind Interest
IncreaseDecreaseInPaidInKindInterest
|
-2939000 | usd | |
us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
391000 | usd | |
us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
4307000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
4361000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
44820000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
27890000 | usd | |
us-gaap |
Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
|
-39091000 | usd | |
us-gaap |
Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
|
5292000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
41434000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
29855000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18687000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-20812000 | usd | |
us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
25415000 | usd | |
us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
56531000 | usd | |
msge |
Increase Decrease In Right Of Use Assets And Liabilities
IncreaseDecreaseInRightOfUseAssetsAndLiabilities
|
5798000 | usd | |
msge |
Increase Decrease In Right Of Use Assets And Liabilities
IncreaseDecreaseInRightOfUseAssetsAndLiabilities
|
-2312000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
111054000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
132341000 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
19646000 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
12187000 | usd | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
0 | usd | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
27904000 | usd | |
us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
13484000 | usd | |
us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
4244000 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
65000000 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
6700000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1463000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-72625000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
13261000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
73000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
168000 | usd | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
102288000 | usd | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
6063000 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
304000 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
632000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
13378000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
50874000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
msge |
Net Transfers Financing Activities
NetTransfersFinancingActivities
|
0 | usd | |
msge |
Net Transfers Financing Activities
NetTransfersFinancingActivities
|
79299000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-94476000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-85194000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-56047000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
60408000 | usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
84355000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
62573000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28308000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
122981000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
29389000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
504000 | usd | |
msge |
Noncash Stock Repurchases In Lieu Of Payment Of Loan Due From Related Parties
NoncashStockRepurchasesInLieuOfPaymentOfLoanDueFromRelatedParties
|
65512000 | usd | |
msge |
Noncash Stock Repurchases In Lieu Of Payment Of Loan Due From Related Parties
NoncashStockRepurchasesInLieuOfPaymentOfLoanDueFromRelatedParties
|
5350000 | usd | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-102047000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
2795000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
372000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3167000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5448000 | usd |
CY2024Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
1131000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-94563000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
98889000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
21720000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
267000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
0 | usd |
CY2023Q1 | msge |
Comprehensive Income Loss Net Of Tax Including Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToRedeemableNoncontrollingInterest
|
21987000 | usd |
CY2023Q1 | msge |
Net Parent Investment Increase Decrease In Conjunction With Spinoff
NetParentInvestmentIncreaseDecreaseInConjunctionWithSpinoff
|
77373000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
43503000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-69472000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
77373000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1114000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
78487000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
26186000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
13378000 | usd | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
116386000 | usd | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-94563000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1589000 | usd |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
100527000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
878000 | usd | |
us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
667000 | usd | |
msge |
Comprehensive Income Loss Net Of Tax Including Portion Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToRedeemableNoncontrollingInterest
|
102072000 | usd | |
msge |
Net Parent Investment Increase Decrease In Conjunction With Spinoff
NetParentInvestmentIncreaseDecreaseInConjunctionWithSpinoff
|
56980000 | usd | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
43503000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For purposes of comparability, certain prior period amounts have been reclassified to conform to the current year presentation in accordance with GAAP. The accompanying unaudited condensed consolidated and combined financial information for the three and nine-month periods ended March 31, 2024, and 2023 have been revised to change the presentation of our revenue and direct operating expenses from an aggregated to a disaggregated basis.</span></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
Use of Estimates<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying condensed consolidated and combined financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the provision for credit losses, goodwill, intangible assets, other long-lived assets, deferred tax assets, pension and other postretirement benefit obligations and the related net periodic benefit cost, and other liabilities. In addition, estimates are used in revenue recognition, depreciation and amortization, litigation matters and other matters. Management believes its use of estimates in the financial statements to be reasonable.</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and, as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s condensed consolidated financial statements in future periods.</span></div> | ||
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
191601000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
169214000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
708404000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
636743000 | usd | |
CY2024Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
36712000 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
32015000 | usd |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
64787000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
66818000 | usd | |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
228313000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
201229000 | usd |
us-gaap |
Revenues
Revenues
|
773191000 | usd | |
us-gaap |
Revenues
Revenues
|
703561000 | usd | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
191601000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
169214000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
708404000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
636743000 | usd | |
CY2024Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
36712000 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
32015000 | usd |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
64787000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
66818000 | usd | |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
228313000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
201229000 | usd |
us-gaap |
Revenues
Revenues
|
773191000 | usd | |
us-gaap |
Revenues
Revenues
|
703561000 | usd | |
CY2024Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
23006000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
158715000 | usd | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
493000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.43 | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P2Y | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.57 | |
CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2362000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
14803000 | usd | |
CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
6788000 | usd | |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2461000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
9820000 | usd | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2293000 | usd | |
CY2023Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2530000 | usd |
msge |
Restructuring Charges Excluding Share Based Compensation Expense
RestructuringChargesExcludingShareBasedCompensationExpense
|
11378000 | usd | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
3130000 | usd | |
CY2024Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
10778000 | usd |
CY2024Q1 | us-gaap |
Investments
Investments
|
23968000 | usd |
CY2023Q2 | us-gaap |
Investments
Investments
|
35070000 | usd |
CY2024Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
950000 | usd |
CY2023Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
7853000 | usd |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
391000 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
6145000 | usd | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1569351000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1522274000 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
933337000 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
893386000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
636014000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
628888000 | usd |
CY2023Q4 | msge |
Lessee Operating Lease Lease Not Yet Commenced Rent Payment Increase Term
LesseeOperatingLeaseLeaseNotYetCommencedRentPaymentIncreaseTerm
|
P5Y | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
5408000 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
13182000 | usd |
us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
39972000 | usd | |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
14798000 | usd |
us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
45615000 | usd | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
69041000 | usd |
CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
69041000 | usd |
CY2024Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
63801000 | usd |
CY2023Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
63801000 | usd |
CY2023Q3 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | usd |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd | |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
754000 | usd | |
CY2023Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
926466000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
613437000 | usd |
CY2024Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
10969000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
602468000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
643029000 | usd |
CY2023Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
12845000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
630184000 | usd |
CY2024Q1 | msge |
Total Long Term Debt Carrying Value
TotalLongTermDebtCarryingValue
|
629687000 | usd |
CY2024Q1 | msge |
Total Long Term Debt Fair Value
TotalLongTermDebtFairValue
|
620242000 | usd |
CY2023Q2 | msge |
Total Long Term Debt Carrying Value
TotalLongTermDebtCarryingValue
|
659279000 | usd |
CY2023Q2 | msge |
Total Long Term Debt Fair Value
TotalLongTermDebtFairValue
|
655813000 | usd |
CY2024Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
10969000 | usd |
CY2023Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
12845000 | usd |
CY2024Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
233000 | usd |
us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
432000 | usd | |
CY2023Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
129000 | usd |
us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
135000 | usd | |
CY2024Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
233000 | usd |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
432000 | usd | |
CY2023Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
129000 | usd |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
135000 | usd | |
CY2024Q1 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
4566000 | usd |
CY2023Q2 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
2954000 | usd |
CY2024Q1 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
4593000 | usd |
CY2023Q2 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
2976000 | usd |
msge |
Number Of Share Based Compensation Plans
NumberOfShareBasedCompensationPlans
|
2 | plan | |
CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
6788000 | usd | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2293000 | usd | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48447000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48883000 | shares | |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
338 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
208 | shares | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28008000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
76089000 | usd |
CY2024Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
300000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
8266000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28308000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
84355000 | usd |
CY2024Q1 | msge |
Prepaid Revenue Sharing Expense Current
PrepaidRevenueSharingExpenseCurrent
|
42530000 | usd |
CY2023Q2 | msge |
Prepaid Revenue Sharing Expense Current
PrepaidRevenueSharingExpenseCurrent
|
42774000 | usd |
CY2024Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
29383000 | usd |
CY2023Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
15814000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
8584000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
11254000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
4314000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
2557000 | usd |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
4429000 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5163000 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
89240000 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
77562000 | usd |
CY2024Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
96689000 | usd |
CY2023Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
67325000 | usd |
CY2024Q1 | us-gaap |
Investments
Investments
|
23968000 | usd |
CY2023Q2 | us-gaap |
Investments
Investments
|
35070000 | usd |
CY2024Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
3984000 | usd |
CY2023Q2 | us-gaap |
Deferred Costs
DeferredCosts
|
4120000 | usd |
CY2024Q1 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
1841000 | usd |
CY2023Q2 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
1841000 | usd |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
126482000 | usd |
CY2023Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
108356000 | usd |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
23498000 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
15628000 | usd |
CY2024Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
61810000 | usd |
CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
64532000 | usd |
CY2024Q1 | msge |
Cash Due To Promoters
CashDueToPromoters
|
69658000 | usd |
CY2023Q2 | msge |
Cash Due To Promoters
CashDueToPromoters
|
90538000 | usd |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
50110000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
44027000 | usd |
CY2024Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
205076000 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
214725000 | usd |
CY2024Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
950000 | usd |
CY2023Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
7639000 | usd |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-1157000 | usd | |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
4442000 | usd | |
CY2024Q1 | msge |
Other Income Expense
OtherIncomeExpense
|
-872000 | usd |
CY2023Q1 | msge |
Other Income Expense
OtherIncomeExpense
|
217000 | usd |
msge |
Other Income Expense
OtherIncomeExpense
|
-1936000 | usd | |
msge |
Other Income Expense
OtherIncomeExpense
|
639000 | usd | |
CY2024Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
78000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
8070000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1545000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6784000 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
58000 | usd | |
us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
2031000 | usd |