Madison square garden sports corp. (MSG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-208,583

-33,354

-49,735

-3,117

25,593

-756

111,267

134,448

97,485

71,828

-58,742

-76,789

-47,755

-90,668

-104,601

-77,290

-19,990

29,295

-4,557

-40,684

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization

117,270

116,539

118,494

119,193

119,759

121,252

121,630

122,486

120,296

116,402

111,824

107,388

104,154

103,413

103,352

102,482

100,578

100,340

99,459

108,758

0

0

0

Provision (benefits) from deferred income taxes

-21,767

-242

-232

150

10,619

-125

-117,385

-117,311

-120,820

-120,830

-713

-4,404

0

0

0

-

-

-

0

-

-

-

-

Share-based compensation expense

60,930

62,655

66,176

59,474

56,655

51,151

44,848

47,563

47,556

47,847

45,678

41,129

37,294

34,315

29,726

24,476

20,081

13,478

11,096

10,306

0

0

0

Earnings (loss) in equity method investments, net of income distributions

-14,558

-16,343

-5,686

6,312

7,922

10,125

-1,970

-7,770

-36

-26,532

-25,112

-30,831

-43,486

-21,485

-22,772

-19,099

-10,510

-7,631

-35,307

-40,590

0

0

0

Purchase accounting adjustments associated with leases

5,501

5,462

5,562

4,240

4,351

4,515

4,391

4,628

4,192

2,998

1,909

718

0

0

0

-

-

-

-

-

-

-

-

Unrealized loss on equity investment with readily determinable fair value

-3,562

18,896

-2,567

-3,496

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-26

-

0

0

0

Other non-cash adjustments

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Change in assets and liabilities:
Accounts receivable, net

-57,377

-25,327

-1,037

-2,734

53,390

37,450

27,792

-2,435

10,545

22,467

1,068

20,363

16,391

16,157

30,898

25,053

31,998

28,586

13,362

-18

0

0

0

Net related party receivables

869

-644

-74

916

-148

870

-1,823

-2,147

-3,716

-1,619

-3,121

-2,826

-11,406

-24,477

-31,435

5,096

15,911

26,239

36,290

-240

0

0

0

Prepaid expenses and other assets

20,008

32,984

33,829

26,080

51,300

4,168

10,953

-16,371

-33,217

2,954

-9,233

-8,749

16,715

6,316

9,280

34,354

7,005

25,413

36,844

31,602

0

0

0

Accounts payable

3,455

7,302

-5,132

-3,930

-1,796

-4,116

12,039

5,067

-1,293

4,042

-6,094

2,047

7,705

4,519

10,247

9,096

7,862

6,968

1,355

-4,341

0

0

0

Net related party payables

-554

6,950

1,188

5,545

5,015

591

-5,278

-3,901

-4,404

4,926

4,435

2,301

3,728

-975

2,589

13,687

26,629

15,175

-1,173

-385

0

0

0

Accrued and other liabilities

47,573

72,071

64,806

23,716

77,845

67,277

19,103

-28,424

-18,951

-20,271

4,234

33,455

8,665

18,692

7,762

42,077

15,624

3,342

14,162

-33,494

0

0

0

Collections due to promoters

10,576

746

-13,323

-22,301

-15,965

9,655

31,948

17,113

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-2,731

10,138

4,093

1,280

-24,034

-10,271

21,662

7,276

43,341

7,920

29,899

26,094

10,698

-13,782

-171

10,437

-19,667

48,404

38,448

19,452

0

0

0

Operating lease right-of-use assets and lease liabilities

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

335

-

0

0

0

Net cash provided by operating activities

175,042

243,906

171,691

161,253

149,956

193,549

205,057

217,629

280,991

166,199

213,082

223,532

147,322

121,435

105,881

125,785

132,917

148,633

107,910

69,352

0

0

0

Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment

413,855

329,116

239,805

188,834

150,023

145,283

214,390

191,914

171,575

150,142

55,421

44,224

39,449

33,801

27,776

71,716

72,385

85,430

109,379

64,083

0

0

0

Proceeds from insurance recoveries

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for acquisition of assets

1,000

1,000

1,000

0

0

0

5,000

6,000

6,000

6,000

1,000

1,000

1,000

1,000

1,000

2,000

0

0

0

-

-

-

-

Purchase of short-term investments

405,893

218,756

218,756

112,693

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturity of short-term investment

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to acquire available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

23,222

0

0

0

-

-

0

0

-

-

-

-

Payments for acquisition of businesses, net of cash acquired

-

-

-

-

-

-

-

8,288

8,288

186,915

180,808

192,095

0

0

0

-

-

0

0

-

-

-

-

Investments and loans to nonconsolidated affiliates

975

706

7,980

52,707

51,930

60,319

53,682

11,255

14,632

8,000

7,902

8,235

9,160

21,160

22,571

36,417

42,542

50,764

54,751

40,219

0

0

0

Proceeds from Sale of Equity Method Investments

18,750

18,750

143,750

125,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received (paid) for notes receivable

-

-

665

-

-

-

7,761

1,500

-2,975

-2,975

-2,975

-4,475

0

0

0

-

-

-

-

-

-

-

-

Capital distribution from equity method investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,528

0

0

0

-

-

-

-

Net cash used in investing activities

-567,766

-360,930

-212,628

-232,895

-158,684

-54,363

-250,340

-182,357

-194,920

-345,482

-242,279

-264,301

-272,011

-99,251

-93,619

-115,690

-110,753

-135,505

-164,336

-102,656

0

0

0

Cash flows from financing activities:
Net transfers from MSG Networks and MSG Networks subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,525,241

1,492,675

1,543,419

1,518,316

41,372

0

0

0

Repurchases of common stock

-

-

-

-

-

-

-

11,830

11,830

87,520

79,451

147,967

0

0

0

-

-

-

-

-

-

-

-

Payment, Tax Withholding, Share-based Payment Arrangement

26,447

26,264

26,259

19,525

20,329

41,686

40,232

34,393

33,890

12,533

12,001

7,335

0

0

0

-

-

-

-

-

-

-

-

Noncontrolling interest holders’ capital contribution

4,750

3,284

5,137

6,310

6,560

9,026

7,173

4,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to noncontrolling interest holders

1,458

2,462

1,927

2,186

1,637

633

3,787

4,124

0

0

596

-

0

0

0

-

-

-

-

-

-

-

-

Loans from noncontrolling interest holders

0

0

198

606

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Long-term Debt

110,383

109,133

108,570

109,312

4,617

4,617

3,930

688

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments for financing costs

-

-

-

-

-

-

-

62

128

1,383

1,732

3,230

0

0

0

-

-

-

0

-

-

-

-

Net cash provided by (used in) financing activities

253,623

-97,414

-79,060

-71,746

-19,417

-37,304

-52,437

-51,097

-50,598

-109,186

-93,773

-158,525

-186,095

-170,736

-185,274

1,420,011

1,415,382

1,527,712

1,518,316

41,372

0

0

0

Effect of exchange rates on cash, cash equivalents and restricted cash

2,145

5,964

2,319

4,669

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents and restricted cash

-136,956

-208,474

-117,678

-138,719

-22,298

102,599

-96,989

-15,494

36,397

-288,457

-122,970

-199,294

-310,784

-148,552

-173,012

1,430,106

1,437,546

1,540,840

1,461,890

8,068

0

0

0

Non-cash investing and financing activities:
Investments and loans to nonconsolidated affiliates

-

-

-

-

-

-

-

-

-

60

214

368

494

507

2,208

2,237

0

0

0

-

-

-

-

Capital expenditures incurred but not yet paid

93,271

75,716

71,588

35,026

22,162

10,712

8,909

9,688

11,187

11,637

13,642

8,834

6,703

7,137

-1,821

5,793

6,318

-3,814

3,271

7,528

0

0

0

Tenant improvement paid by landlord

1,008

3,609

13,313

14,528

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based Payment Arrangement, Amount Capitalized

5,785

6,428

5,196

3,946

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment with tenant improvement allowance

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued earn-out liability and other contingencies

-

-

-

-

-

-

-

4,573

4,573

12,404

14,486

7,900

0

0

0

-

-

-

-

-

-

-

-

Non-cash transfers resulting from the Distribution, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,934

0

0

0

-

0

0

0