Msg networks inc. (MSGN)
Income statement / 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
Revenues

702,045

712,178

717,362

720,845

723,888

715,351

703,659

696,651

688,127

684,806

679,230

675,352

672,995

669,344

663,629

658,198

650,836

640,198

636,487

631,010

8,442

298,440

641,599

714,514

1,520,280

1,473,730

1,352,237

1,340,818

1,404,909

1,365,510

0

1,284,016

1,184,971

1,114,933

1,174,600

1,187,791

0

0

0

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)

306,551

304,874

302,279

300,274

298,977

297,214

294,646

291,082

287,207

282,413

273,435

271,119

268,482

266,283

267,906

267,233

256,837

244,109

231,684

217,233

-257,238

-16,951

225,001

259,434

846,715

792,269

698,372

691,029

770,447

748,919

0

714,362

664,181

627,704

687,302

696,834

0

0

0

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)

106,516

109,419

108,691

103,274

96,749

91,398

84,415

83,073

82,331

80,617

79,303

79,040

77,650

75,559

74,932

100,752

124,793

136,686

158,328

155,003

51,607

121,081

164,439

199,477

342,054

320,292

310,864

309,568

309,165

306,025

0

304,624

291,921

282,650

288,181

294,810

0

0

0

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

86,975

88,074

0

87,503

86,750

85,384

75,438

72,573

0

0

0

Gain on sale of Fuse (see Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

186,178

186,178

186,178

162,414

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses, Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,166,587

1,143,018

0

1,106,489

1,042,852

995,738

1,050,921

1,064,217

0

0

0

Operating income

282,107

290,925

299,312

309,899

320,327

318,430

315,666

313,158

308,874

311,764

316,323

314,897

314,918

315,531

308,309

275,630

254,397

242,722

252,204

427,311

443,106

398,143

412,285

234,793

229,949

266,286

250,762

251,089

238,322

222,492

0

177,527

142,119

119,195

123,679

123,574

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-75

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Interest income

5,506

6,163

6,679

6,343

5,887

5,525

5,102

4,388

3,837

3,383

3,033

2,782

2,614

2,560

2,459

2,368

2,306

2,152

2,119

2,068

1,709

1,804

1,898

1,918

2,255

2,157

2,119

2,195

2,288

2,338

0

2,318

2,314

2,339

2,407

2,479

0

0

0

Interest expense

42,484

44,723

46,482

47,589

46,768

46,042

44,591

43,312

42,492

41,764

41,236

40,108

39,056

39,343

39,341

31,683

23,058

13,561

4,891

4,040

3,541

4,310

5,090

5,877

8,006

7,966

7,999

7,917

6,983

7,151

0

7,070

7,072

7,068

6,954

7,046

0

0

0

Debt refinancing expense

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other components of net periodic benefit cost

81

236

391

244

-68

-888

-1,708

-1,710

-1,668

-1,681

-1,620

-1,633

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Miscellaneous Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,441

117

3,418

3,467

3,497

10,065

0

0

-

0

-

-

7,485

0

0

0

Nonoperating expense, Total

-39,041

-40,778

-39,412

-41,002

-42,601

-42,231

-41,197

-40,634

-40,323

-40,062

-39,823

-38,959

-39,674

-39,595

-39,348

-31,361

-20,756

-11,413

-2,776

-1,976

-3,293

-3,232

-4,639

-5,400

-5,709

-3,129

-2,413

-2,225

5,370

1,879

0

2,320

1,832

832

1,888

2,918

0

0

0

Income from operations before income taxes

243,066

250,147

259,900

268,897

277,726

276,199

274,469

272,524

268,551

271,702

276,500

275,938

275,244

275,936

268,961

244,269

233,641

231,309

249,428

425,335

439,813

394,911

407,646

229,393

224,240

263,157

248,349

248,864

243,692

224,371

0

179,847

143,951

120,027

125,567

126,492

0

0

0

Income Tax Expense (Benefit)

72,586

71,702

77,581

82,715

87,521

93,294

-20,166

-16,338

-14,800

-8,869

108,242

108,476

104,266

104,403

106,633

80,971

70,277

76,836

80,089

176,905

195,228

167,091

168,233

86,534

84,392

103,914

102,704

106,482

106,652

100,161

0

73,302

57,442

45,506

43,943

46,892

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

167,462

170,978

171,533

162,328

163,298

163,364

154,473

169,339

248,430

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-120

5,410

5,370

5,233

-155,664

-158,781

-154,848

-142,397

6,271

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

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