← Madison Square Garden Sports Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($77.3m) | ($72.7m) | $141.6m | $11.4m | ($182.4m) | ($14.0m) | $51.1m | $47.8m | $58.8m | ($22.4m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | $45.8m | $58.8m | ($22.5m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | ($76.8m) | $134.4m | ($3.1m) | ($208.9m) | ($15.9m) | $48.9m | $45.6m | $58.8m | ($22.4m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($118.6m) | ($15.9m) | $48.9m | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($90.2m) | $0 | $0 | — | — | — | |
| Depreciation, Depletion and Amortization | $102.5m | $107.4m | $122.5m | $119.2m | $93.4m | $5.6m | $5.0m | $3.6m | $3.2m | $3.2m | |
| Amortization of Intangible Assets | $6.6m | $7.8m | $20.2m | $18.4m | $3.6m | $1.1m | $1.1m | $167k | $0 | — | |
| Deferred Income Tax Expense (Benefit) | $297k | ($4.4m) | ($117.3m) | $150k | $21.3m | ($73.7m) | $24.5m | $15.0m | ($7.1m) | ($51.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $24.5m | $41.1m | $47.6m | $59.5m | $57.0m | $30.4m | $24.2m | $25.2m | $21.3m | $17.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $281k | $7.3m | $34.4m | $19.5m | $26.8m | $13.9m | $18.3m | $17.9m | $8.1m | $11.8m | |
| Share-based Payment Arrangement, Expense | — | — | $47.6m | $59.5m | — | — | — | — | $21.3m | $17.9m | |
| Equity Method Investment, Other than Temporary Impairment | $7.3m | — | — | — | — | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $398k | — | $0 | $461k | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($4.0m) | $0 | $0 | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($19.1m) | ($30.0m) | ($7.8m) | $7.1m | — | $0 | $461k | ($26.6m) | $10.6m | $11.5m | |
| Income Tax Expense (Benefit) | $297k | ($4.4m) | ($116.9m) | $1.3m | $20.6m | ($73.4m) | $25.1m | $44.3m | $46.9m | $5.2m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $27.6m | $21.7m | |
| Other Nonoperating Income (Expense) | ($4.0m) | $1.5m | $303k | ($4.8m) | ($421k) | ($346k) | ($726k) | $25.2m | ($15.6m) | ($14.5m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | ($30.8m) | ($7.8m) | $6.3m | ($3.9m) | $0 | $0 | ($26.6m) | $10.6m | $11.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $25.1m | $20.4m | ($2.4m) | ($2.7m) | $36.8m | $66.6m | ($27.0m) | ($6.0m) | ($6.4m) | ($7.9m) | |
| Increase (Decrease) in Accounts Payable | $9.1m | $2.0m | $5.1m | — | — | — | — | — | — | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | ($3.5m) | ($3.6m) | $0 | $0 | ($26.6m) | $10.6m | $11.5m | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | $0 | $461k | $16.7m | ($4.2m) | ($5.9m) | |
| Goodwill | $277.2m | $380.1m | $392.5m | $392.5m | $227.0m | $227.0m | $227.0m | $226.5m | $226.5m | $226.5m | |
| Investment Income, Interest | $6.8m | $11.8m | $21.6m | $30.2m | $700k | $32k | $313k | $2.4m | $2.8m | $4.0m | |
| Nonoperating Income (Expense) | ($18.4m) | ($20.8m) | ($1.3m) | $12.1m | ($4.2m) | ($10.9m) | ($12.1m) | $4.7m | ($40.4m) | ($32.1m) | |
| Operating Expenses | $1.2b | $1.4b | $1.5b | $1.6b | $697.2m | — | — | — | — | — | |
| Payments of Financing Costs | — | $3.2m | $62k | $1.5m | $0 | $4.6m | $2.8m | $0 | $0 | — | |
| Proceeds from Contributions from Parent | $1.5b | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $787k | $7k | $0 | $0 | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | $0 | $461k | $26.6m | ($10.6m) | ($11.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $125.8m | $216.6m | $220.6m | $161.3m | $3.6m | ($35.3m) | $178.1m | $152.5m | $92.1m | $91.6m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $71.7m | $44.2m | $191.9m | $188.8m | $362.5m | $466k | $932k | $1.2m | $1.5m | $3.6m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $192.1m | $8.3m | $0 | $0 | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | $112.7m | $405.9m | — | $0 | $13.6m | $7.4m | $3.4m | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | $2.0m | — | — | ($100k) | |
| Net Cash Provided by (Used in) Investing Activities | ($115.7m) | ($264.3m) | ($182.4m) | ($232.9m) | ($514.9m) | ($466k) | ($2.9m) | ($17.8m) | ($8.9m) | ($6.9m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | — | — | $688k | $109.3m | $5.0m | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $105.7m | $148.0m | $11.8m | $0 | $0 | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | $4.0m | $6.3m | $4.0m | $0 | $0 | — | — | — | |
| Dividends paid | — | — | — | — | — | $0 | $0 | $170.9m | $701k | $633k | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | $3.6m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $1.4b | ($158.5m) | ($51.1m) | ($71.7m) | ($520.6m) | $17.2m | ($156.1m) | ($185.3m) | ($28.8m) | ($26.4m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($15.5m) | $4.7m | $4.7m | $0 | $19.0m | — | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($199.3m) | ($15.5m) | ($138.7m) | ($1.0b) | ($18.6m) | $19.0m | ($50.6m) | $54.4m | $58.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($199.3m) | ($15.5m) | $1.1b | $90.7m | $72.0m | $91.0m | $40.5m | $94.9m | $153.2m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | ($281k) | ($7.3m) | ($34.4m) | ($19.5m) | ($26.8m) | ($13.9m) | ($18.3m) | $18.6m | $48.0m | $65.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.