Msg networks inc. (MSGN)
Income statement / Quarterly
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
Revenues

184,972

187,730

160,981

168,362

195,105

192,914

164,464

171,405

186,568

181,222

157,456

162,881

183,247

175,646

153,578

160,524

179,596

169,931

148,147

153,162

168,958

166,220

142,670

-469,406

458,956

509,379

215,585

336,360

412,406

387,886

204,166

332,919

400,451

373,007

177,639

233,874

330,413

432,674

190,830

Direct operating expenses (including related party expenses of $39,880 and $38,283 for the three months ended March 31, 2020 and 2019, respectively, and $118,767 and $114,586 for the nine months ended March 31, 2020 and 2019, respectively)

83,762

84,065

68,660

70,064

82,085

81,470

66,655

68,767

80,322

78,902

63,091

64,892

75,528

69,924

60,775

62,255

73,329

71,547

60,102

51,859

60,601

59,122

45,651

-422,612

300,888

301,074

80,084

164,669

246,442

207,177

72,741

173,877

244,087

224,914

71,484

123,696

207,610

284,512

81,016

Selling, general and administrative expenses (including related party expenses of $8,369 and $9,739 for the three months ended March 31, 2020 and 2019, respectively, and $20,386 and $21,464 for the nine months ended March 31, 2020 and 2019, respectively)

25,831

32,022

22,320

26,343

28,734

31,294

16,903

19,818

23,383

24,311

15,561

19,076

21,669

22,997

15,298

17,686

19,578

22,370

41,118

41,727

31,471

44,012

37,793

-61,669

100,945

87,370

72,831

80,908

79,183

77,942

71,535

84,648

80,505

76,043

63,428

71,945

71,234

81,574

70,057

Depreciation and amortization

1,716

1,680

1,727

1,748

1,805

1,800

2,045

2,185

2,279

2,423

2,451

2,562

2,576

2,580

2,578

4,211

2,602

3,091

4,679

4,437

4,474

4,445

4,285

-56,059

29,674

24,388

22,807

24,693

22,995

21,744

19,700

24,509

22,536

24,094

16,364

23,756

21,170

14,148

13,499

Gain on sale of Fuse (see Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

23,764

162,414

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses, Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

348,620

306,863

163,976

283,034

347,128

325,051

151,276

219,397

300,014

380,234

164,572

Operating income

73,663

69,963

68,274

70,207

82,481

78,350

78,861

80,635

80,584

75,586

76,353

76,351

83,474

80,145

74,927

76,372

84,087

72,923

42,248

55,139

72,412

82,405

217,355

70,934

27,449

96,547

39,863

66,090

63,786

81,023

40,190

49,885

53,323

47,956

26,363

14,477

30,399

52,440

26,258

Other income (expense):
Equity in loss of nonconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

663

-738

0

-

0

-

-

-

-

-

-

-

-

-

-

Interest income

900

906

1,928

1,772

1,557

1,422

1,592

1,316

1,195

999

878

765

741

649

627

597

687

548

536

535

533

515

485

176

628

609

505

513

530

571

581

585

606

580

547

581

631

648

619

Interest expense

9,419

9,934

10,815

12,316

11,658

11,693

11,922

11,495

10,932

10,242

10,643

10,675

10,204

9,714

9,515

9,623

10,491

9,712

1,857

998

994

1,042

1,006

499

1,763

1,822

1,793

2,628

1,723

1,855

1,711

1,736

1,694

1,891

1,749

1,738

1,690

1,777

1,841

Debt refinancing expense

0

-2,764

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other components of net periodic benefit cost

258

258

-258

-177

413

413

-405

-489

-407

-407

-407

-447

-420

-346

-420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Miscellaneous Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,346

72

17

6

22

3,373

66

36

-

6,590

-

-

0

5,561

874

1,050

Nonoperating expense, Total

-8,777

-12,050

-9,145

-9,069

-10,514

-10,684

-10,735

-10,668

-10,144

-9,650

-10,172

-10,357

-9,883

-9,411

-9,308

-11,072

-9,804

-9,164

-1,321

-467

-461

-527

-521

-1,784

-400

-1,934

-1,282

-2,093

2,180

-1,218

-1,094

-669

5,502

-1,311

-1,202

-1,157

4,502

-255

-172

Income from operations before income taxes

64,886

57,913

59,129

61,138

71,967

67,666

68,126

69,967

70,440

65,936

66,181

65,994

73,591

70,734

65,619

65,300

74,283

63,759

40,927

54,672

71,951

81,878

216,834

69,150

27,049

94,613

38,581

63,997

65,966

79,805

39,096

49,216

58,825

46,645

25,161

13,320

34,901

52,185

26,086

Income Tax Expense (Benefit)

18,616

17,949

16,062

19,959

17,732

23,828

21,196

24,765

23,505

-89,632

25,024

26,303

29,436

27,479

25,258

22,093

29,573

29,709

-404

11,399

36,132

32,962

96,412

29,722

7,995

34,104

14,713

27,580

27,517

32,894

18,491

20,653

27,750

21,026

3,873

4,793

15,814

19,463

6,822

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

39,691

44,155

43,255

40,361

43,207

44,710

34,050

41,331

43,273

35,819

48,916

120,422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-120

5,530

-40

-137

-161,017

2,413

3,893

12,314

-12,349

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

46,270

39,964

43,067

41,179

54,235

43,838

46,930

45,202

46,935

155,568

41,157

39,691

44,155

43,255

40,241

48,737

44,670

33,913

-119,686

45,686

39,712

61,230

108,073

11,637

19,054

60,509

23,868

36,417

38,449

46,911

20,605

28,563

31,075

25,619

21,288

8,527

19,087

32,722

19,264

Earnings Per Share [Abstract]
Basic
Income from Continuing Operations, Per Basic Share

-

-

-

-

-

-

-

-

-

-

-

0.52

0.59

0.58

0.54

0.57

0.60

0.45

0.55

0.58

0.46

0.63

1.55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.06

0.00

0.00

-2.13

0.03

0.05

0.16

-0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic

0.77

0.66

0.57

0.55

0.72

0.58

0.63

0.60

0.62

2.06

0.55

0.51

0.59

0.58

0.54

0.63

0.60

0.45

-1.58

0.61

0.51

0.79

1.39

0.14

0.25

0.79

0.31

0.48

0.50

0.62

0.27

0.00

0.41

0.34

0.29

0.11

0.26

0.44

0.26

Diluted
Income from Continuing Operations, Per Diluted Share

-

-

-

-

-

-

-

-

-

-

-

0.53

0.58

0.57

0.54

0.58

0.59

0.45

0.54

0.57

0.46

0.63

1.54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.06

0.00

0.00

-2.12

0.04

0.05

0.15

-0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

0.77

0.66

0.57

0.54

0.72

0.58

0.62

0.60

0.62

2.05

0.54

0.53

0.58

0.57

0.53

0.64

0.59

0.45

-1.58

0.61

0.51

0.78

1.38

0.15

0.24

0.77

0.31

0.48

0.49

0.60

0.26

0.00

0.40

0.33

0.28

0.11

0.25

0.42

0.25

Weighted-average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

60,011

60,452

75,063

75,150

75,152

75,079

74,895

75,241

75,540

75,458

75,285

75,270

75,264

75,215

75,103

75,091

75,037

74,959

75,521

76,195

77,134

77,727

77,496

77,357

77,162

77,035

77,014

76,994

76,537

75,914

75,627

75,599

75,007

74,632

74,514

74,507

74,193

74,033

74,010

Weighted Average Number of Shares Outstanding, Diluted

60,315

60,825

75,464

75,755

75,739

75,737

75,693

75,728

76,017

75,756

75,779

75,724

75,643

75,461

75,412

75,480

75,353

75,373

75,902

76,631

77,575

78,252

78,290

78,240

78,211

78,116

78,101

78,063

78,041

77,889

77,767

77,660

77,612

77,379

77,185

77,186

77,200

77,043

76,811