2024 Q1 Form 10-Q Financial Statement

#000195207324000015 Filed on May 09, 2024

View on sec.gov

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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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
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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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

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