Msg networks inc. (MSGN)
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'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

170,480

178,445

182,319

186,182

190,205

182,905

294,635

288,862

283,351

280,571

168,258

167,342

176,388

176,903

167,561

7,634

4,583

-375

26,942

254,701

220,652

199,994

199,273

115,068

139,848

159,243

145,645

142,382

134,528

127,154

105,862

106,545

86,509

74,521

81,624

79,600

0

0

0

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-120

5,410

5,370

5,233

-155,664

-158,781

-154,848

-142,397

6,271

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

167,462

170,978

171,533

162,328

163,298

163,364

154,473

169,339

248,430

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

6,871

6,960

7,080

7,398

7,835

8,309

8,932

9,338

9,715

10,012

10,169

10,296

11,945

11,971

12,482

14,583

14,809

16,681

18,035

17,641

-42,855

-17,655

2,288

20,810

101,562

94,883

92,239

89,132

88,948

88,489

90,839

87,503

86,750

85,384

75,438

72,573

0

0

0

Amortization of deferred financing costs

2,342

2,690

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,004

3,004

3,004

3,004

3,004

3,234

2,882

2,534

2,183

1,602

2,087

2,229

2,374

2,519

2,180

2,180

2,180

2,180

2,180

2,180

2,180

2,180

2,180

2,180

2,179

2,180

0

0

0

Share-based compensation expense

18,281

18,899

19,070

18,087

17,056

15,547

14,734

13,979

13,074

12,601

11,076

9,931

8,728

7,416

6,795

9,266

9,506

9,108

12,082

10,211

7,322

15,233

15,244

15,698

18,499

14,867

14,739

15,296

17,247

16,633

18,197

18,316

17,525

16,449

12,249

11,262

0

0

0

Excess tax benefit on share-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,869

4,273

4,284

8,515

10,109

10,671

15,701

15,692

6,659

6,578

9,340

9,426

8,317

8,361

6,872

7,029

6,998

0

0

0

-

-

-

-

Gain on sale of Fuse, before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

186,178

186,178

186,178

162,414

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deemed Capital Contribution Related to Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Change in deferred income taxes related to the sale of Fuse

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,799

6,799

29,066

70,770

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Equity in loss of nonconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

1,731

814

769

930

-922

-223

-63

17

147

172

-180

-242

-23

199

533

791

613

551

374

244

217

152

321

42

-19

-358

-474

-228

189

381

555

568

225

520

613

622

0

0

0

Change in assets and liabilities:
Accounts receivable, net

-216

-668

-736

-1,371

193

4,492

3,478

5,391

3,305

3,602

4,359

3,361

28,948

15,034

24,687

16,608

-23,244

-4,484

5,468

1,682

-33,301

6,722

7,660

4,234

25,244

16,865

-2,372

18,935

12,442

-3,369

16,199

9,120

29,582

9,103

11,632

9,652

0

0

0

Related party receivables, net

-2,312

229

177

3,984

5,102

488

-4,489

-4,800

-5,163

4,802

4,023

1,661

-20,817

-27,415

-22,339

-11,832

24,588

17,468

-635

1,159

161

-2,147

-4,534

6,150

-1,674

2,142

1,952

-8,712

-98

-1,197

2,770

4,690

2,512

2,530

1,305

-764

0

0

0

Prepaid expenses and other assets

-4,750

-2,596

-3,699

-4,464

-1,722

480

-976

-1,398

-2,861

-7,728

-8,995

-8,015

924

2,933

3,066

-8,403

-388

-962

-1,191

7,474

-36,077

-32,184

-33,710

-4,190

35,789

9,369

364

14,204

-3,876

510

-1,146

1,078

14,501

37,210

-9,605

-871

0

0

0

Accounts payable

844

-53

111

-553

-227

-776

-289

219

-357

410

-408

-802

22

-970

-5,560

-9,316

-15,288

-16,718

-3,623

-903

148

-2,865

1,885

-3,624

9,293

3,676

-4,426

-14,743

-9,289

-9,861

-2,481

17,339

1,358

20,600

11,271

11,904

0

0

0

Related party payables, including payable to MSG

558

126

-41

277

298

363

-1,348

-2,171

-4,870

-3,028

-2,952

-3,154

-9,625

-22,948

-32,536

3,796

13,500

24,372

35,639

420

-597

-408

359

-72

125

746

-1,337

-79

239

2

1,004

362

0

0

0

-

-

-

-

Prepaid/payable for income taxes

991

-14,182

-8,382

-9,294

-16,547

-1,799

11,684

10,165

7,336

10,106

19,729

16,883

13,702

2,304

11,539

27,132

-12,939

1,769

20

-26,826

27,607

5,930

11,349

-9,726

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

-2,472

-2,824

-3,780

364

-5,218

-5,502

-5,328

-2,168

-6,940

-2,984

-5,062

-2,694

6,402

-2,922

-1,079

-12,261

-11,825

-10,090

-6,666

-9,056

-69,254

-12,538

49,791

14,153

40,300

-5,897

-8,836

11,541

27,733

40,845

43,365

45,073

41,247

15,045

-19,119

-18,876

0

0

0

Deferred revenue

-1,150

-1,080

-3,551

-4,441

-4,804

-1,464

-896

-445

1,422

-207

338

-1,072

-300

-4,500

-621

1,172

755

4,467

1,515

340

-35,546

-91,761

-133,360

700

33,078

32,102

45,855

24,920

28,459

63,772

75,281

55,592

85,110

83,306

59,010

27,498

0

0

0

Deferred income taxes

2,359

3,760

726

-2,155

-733

-4,190

105,882

110,996

110,264

111,874

5,832

5,447

13,403

10,074

1,365

18,605

37,411

36,773

41,378

19,649

7,984

13,676

18,359

9,830

-7,989

-9,661

-9,267

-5,523

-3,311

-24,630

-21,697

-21,781

-16,808

10,029

4,106

-2,706

0

0

0

Net Cash Provided by (Used in) Operating Activities

203,850

189,525

200,130

205,959

187,839

199,093

221,169

210,610

200,336

198,106

198,753

197,158

182,241

164,012

153,823

181,848

122,737

111,801

87,628

22,651

4,822

-33,481

94,553

160,676

299,341

282,957

274,072

263,055

278,568

356,391

331,647

333,373

284,365

232,845

211,469

180,523

0

0

0

Cash flows from investing activities:
Capital expenditures

3,178

2,963

3,282

2,879

4,166

4,527

4,070

3,724

3,788

3,523

3,652

4,894

3,441

3,615

3,599

3,323

4,915

5,754

7,073

6,663

-237,860

-191,321

-90,921

679

275,555

265,043

251,789

229,497

245,972

294,866

326,349

401,424

405,182

361,777

301,168

189,238

0

0

0

Proceeds from sale of Fuse, net of transaction costs (see Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

228,063

228,063

228,063

228,556

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from asset sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Payments for acquisition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,657

0

0

0

-

-

-

-

Investments in and loans to nonconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-3,178

-2,963

-5,282

-4,879

-6,166

-6,527

-4,070

-3,724

-3,788

-3,523

-3,652

-4,894

-3,441

-3,615

-3,599

-3,323

-4,888

-5,727

-7,539

221,427

636,304

570,519

466,721

-679

-445,936

-372,042

-354,897

-185,361

-225,159

-319,896

-352,738

-429,081

-411,306

-366,546

-305,107

-191,899

0

0

0

Cash flows from financing activities:
Principal payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

257

251

249

262

272

283

290

578

864

1,135

1,417

1,384

1,356

0

0

0

Proceeds from Term Loan Facility (see Note 7)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,550,000

1,550,000

1,550,000

1,550,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments on term loan facilities (see Note 7)

46,875

83,750

100,000

175,000

175,000

200,000

200,000

125,000

175,000

175,000

175,000

167,500

110,000

91,250

72,500

61,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from senior secured credit facilities (see Note 7)

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributed with MSG

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,467,093

1,467,093

1,467,093

1,467,093

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Financing Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,860

9,860

9,874

9,652

84

6,802

6,788

6,785

6,718

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

Share repurchase costs

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,010

1,074

308

326

518

602

1,105

1,111

863

762

3,753

6,574

6,822

6,982

5,604

3,170

2,966

2,873

1,295

1,176

1,312

0

0

0

Repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100,027

125,974

239,346

240,744

140,717

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid in lieu of shares issued for share-based compensation

4,235

4,235

4,201

5,000

5,136

6,007

6,114

3,780

3,644

2,790

2,593

2,271

2,347

2,330

1,096

11,190

11,405

12,780

12,762

18,082

17,791

26,381

28,782

12,366

12,366

17,824

21,060

21,148

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefit on share-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,869

4,273

4,284

8,515

10,109

10,671

15,701

15,692

6,659

6,578

9,340

9,426

8,317

8,361

6,872

7,029

6,998

0

0

0

-

-

-

-

Net cash used in financing activities

-244,636

-245,272

-4,568

-180,000

-193,986

-219,857

-219,964

-142,630

-178,644

-177,788

-177,591

-169,769

-112,203

-92,219

-76,606

-93,541

-108,985

-174,501

-171,410

-148,256

-128,157

-17,893

-18,959

-11,819

-5,277

-4,980

-5,322

-6,281

-6,088

-9,319

-2,235

-2,668

-2,780

621

-3,643

-3,493

0

0

0

Net cash provided by continuing operations

-

-

-

-

-

-

-

-

-

-

-

22,495

66,597

68,178

73,618

84,984

8,864

-68,427

-91,321

95,822

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows of discontinued operations:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-976

1,018

-118,868

-129,500

-113,691

-57,566

50,771

144,661

131,882

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

0

-2,000

-2,000

-2,000

-70,410

-81,312

-123,431

-160,746

-101,270

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-976

-982

-120,868

-131,500

-184,101

-138,878

-72,660

-16,085

30,612

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

0

190,280

-

-

-27,291

-2,865

64,256

17,904

16,772

17,473

21,519

65,615

-52,690

-57,882

-99,117

0

0

0

-

-

-

-

-185,662

-151,872

-94,065

-86,147

71,413

47,321

27,176

-23,326

-98,376

-129,721

-133,080

-97,281

-14,869

0

0

0

Supplemental Data [Abstract]
Income Taxes Paid, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash investing and financing activities: [Abstract]
Deemed capital distributions, net primarily related to income taxes and share-based compensation expense prior to Distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Capital expenditures incurred but not yet paid for continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

74,018

99,277

83,172

54,837

14,352

-31,606

18,031

59,666

153,406

193,016

169,872

111,425

0

0

0

Non-cash net assets of MSG transferred in connection with the Distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasehold improvements paid by landlord

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0