MADISON SQUARE GARDEN SPORTS CORP. MSG Balance Sheet

Madison square garden sports corp. (MSG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15
ASSETS
Current Assets:
Cash and Cash Equivalents, at Carrying Value
1,006	1,000	952	1,086	1,153	1,227	1,068	1,225	1,176	1,125	1,163	1,238	1,140	1,410	1,294	1,444	1,451	1,558	1,467	14
Restricted Cash and Cash Equivalents, Current
38	43	31	31	29	23	32	30	27	23	34	34	32	19	14	27	28	20	12	12
Short-term investments
331	113	104	108	110	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, net
130	130	120	96	195	157	123	100	143	119	95	102	131	90	88	75	109	74	58	51
Net related party receivables
2	1	1	1	1	2	1	0	1	1	3	2	5	3	6	4	14	25	35	0
Prepaid expenses
66	65	82	45	55	53	58	28	37	44	55	23	40	40	48	27	33	38	50	23
Loan receivable from MSG Networks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	30
Other current assets
57	51	43	43	69	50	50	28	27	41	26	49	63	23	29	25	19	22	85	35
Disposal Group, Including Discontinued Operation, Assets, Current
109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
1,742	1,405	1,335	1,413	1,614	1,515	1,335	1,415	1,414	1,355	1,379	1,449	1,413	1,589	1,481	1,603	1,656	1,740	1,709	168
Net related party receivables, noncurrent
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	1	1	1	0
Investments and loans to nonconsolidated affiliates
61	63	64	84	91	94	265	209	252	247	249	242	239	264	265	263	273	265	268	249
Property, Plant and Equipment, Net
1,581	1,576	1,456	1,380	1,317	1,288	1,269	1,253	1,245	1,235	1,153	1,159	1,166	1,131	1,142	1,160	1,173	1,193	1,214	1,188
Right-of-use lease assets
235	241	251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finite-Lived Intangible Assets, Net
158	167	172	220	226	232	237	243	250	256	259	256	262	24	25	15	17	18	20	22
Indefinite-lived intangible assets
175	176	176	176	175	175	175	175	174	174	166	166	166	166	166	166	166	166	166	166
Goodwill
308	392	392	392	392	392	392	392	392	392	388	380	387	289	289	277	277	277	277	277
Other assets
44	58	112	95	99	99	51	44	50	51	63	57	98	87	87	54	44	82	85	75
Total assets
4,309	4,081	3,961	3,763	3,918	3,798	3,728	3,736	3,781	3,714	3,660	3,712	3,735	3,552	3,459	3,543	3,610	3,746	3,744	2,148
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Current Liabilities:
Accounts payable
19	41	26	25	24	34	31	28	26	38	19	24	27	29	17	13	12	21	7	3
Net related party payables, current
31	28	4	19	32	21	2	13	27	21	8	17	31	16	3	15	28	17	1	1
Current portion of long-term debt, net of deferred financing costs
4	4	4	6	12	2	2	4	1	0	0	0	-	-	-	-	-	-	-	-
Accrued liabilities:
Employee related costs
147	115	77	137	152	115	68	123	107	69	59	138	113	85	71	119	95	63	51	95
Other Accrued Liabilities, Current
239	259	214	211	205	194	178	180	170	184	159	191	181	146	106	133	131	130	97	121
Operating lease liabilities, current
54	51	51	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Collections due to promoters
49	60	65	67	72	60	78	89	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
266	308	416	293	282	299	413	324	430	390	468	390	339	371	433	332	327	385	432	311
Disposal Group, Including Discontinued Operation, Liabilities, Current
72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
886	870	860	759	780	727	776	765	764	703	716	762	692	649	633	614	595	618	589	533
Related party payables, noncurrent
0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt, net of deferred financing costs
379	31	47	48	90	100	100	101	104	105	104	105	105	-	-	-	-	-	-	-
Operating lease liabilities, noncurrent
192	189	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined benefit and other postretirement obligations
32	33	33	41	39	38	38	49	44	44	44	52	56	56	56	66	58	56	54	80
Other employee related costs
67	72	66	62	63	66	52	53	26	27	28	29	23	23	24	32	39	39	39	53
Accrued Income Taxes, Noncurrent
69	79	79	79	91	80	79	78	80	80	197	196	195	194	194	194	194	194	254	206
Other liabilities
81	59	62	66	71	64	55	56	75	72	73	65	76	50	48	49	49	49	53	50
Total liabilities
1,710	1,336	1,349	1,057	1,137	1,078	1,102	1,105	1,096	1,034	1,165	1,212	1,149	974	957	957	936	957	991	925
Commitments and contingencies (see Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0
Redeemable noncontrolling interests
23	66	67	67	71	72	75	76	78	77	81	80	85	-	-	-	-	-	-	-
Madison Square Garden Sports Corp. Stockholders’ Equity:
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of June 30, 2019 and 2018
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Additional paid-in capital
2,850	2,833	2,819	2,845	2,830	2,812	2,795	2,817	2,808	2,838	2,826	2,832	2,822	2,812	2,800	2,806	2,799	2,794	-	-
Treasury stock, at cost, 986 and 1,219 shares as of March 31, 2020 and June 30, 2019, respectively
168	185	186	207	207	207	208	223	224	242	235	242	242	166	166	101	74	15	-	-
Retained earnings (accumulated deficit)
-74	43	-50	29	102	66	-14	-11	36	27	-161	-148	-64	-46	-104	-75	-17	43	-	-
MSG Networks investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,263
Accumulated Other Comprehensive Income (Loss), Net of Tax
-52	-33	-56	-46	-37	-43	-41	-46	-34	-39	-34	-34	-25	-31	-38	-42	-34	-34	-34	-40
Total Madison Square Garden Sports Corp. stockholders’ equity
2,555	2,658	2,525	2,620	2,687	2,628	2,530	2,536	2,586	2,584	2,394	2,408	2,490	2,567	2,490	2,586	2,673	2,788	2,753	1,223
Nonredeemable noncontrolling interests
21	20	19	18	21	18	19	17	19	17	18	11	10	10	11	-	-	-	-	-
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
2,576	2,678	2,544	2,638	2,708	2,647	2,549	2,554	2,606	2,601	2,413	2,419	2,500	2,578	2,501	2,586	-	-	-	-
Total liabilities, redeemable noncontrolling interests and equity
4,309	4,081	3,961	3,763	3,918	3,798	3,728	3,736	3,781	3,714	3,660	3,712	3,735	3,552	3,459	3,543	3,610	3,746	3,744	2,148
Class A Common Stock [Member]
Common stock, value issued
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Class B Common Stock [Member]
Common stock, value issued
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-