10-Q Filing

MADISON SQUARE GARDEN SPORTS CORP. CIK: 1636519 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001636519-23-000006`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	msgs-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 84 Cash Flow Statement 64 Stockholders Equity 45 Comprehensive Income 32

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$46.79M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$49.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.18M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$653.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$979.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.13M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0 and $0 as of March 31, 2023 and June 30, 2022, respectively	`AccountsReceivableNetCurrent`	$80.83M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0 and $0 as of March 31, 2023 and June 30, 2022, respectively	`AccountsReceivableNetCurrent`	$47.24M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Net related party receivables	`AccountsReceivableRelatedPartiesCurrent`	$26.05M	USD	Point-in-time
Net related party receivables	`AccountsReceivableRelatedPartiesCurrent`	$28.33M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.48M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.81M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$65.73M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.87M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$261.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$205.27M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	751,000.00	shares	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $49,331 and $46,794 as of March 31, 2023 and June 30, 2022, respectively	`PropertyPlantAndEquipmentNet`	$32.89M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $49,331 and $46,794 as of March 31, 2023 and June 30, 2022, respectively	`PropertyPlantAndEquipmentNet`	$31.41M	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$670.41M	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$686.78M	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$469.00K	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$636.00K	USD	Point-in-time
Indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$112.14M	USD	Point-in-time
Indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$112.14M	USD	Point-in-time
Goodwill	`Goodwill`	$226.96M	USD	Point-in-time
Goodwill	`Goodwill`	$226.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$59.97M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$37.29M	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.26M	USD	Point-in-time
Net related party payables	`DueToRelatedPartiesCurrent`	$19.62M	USD	Point-in-time
Net related party payables	`DueToRelatedPartiesCurrent`	$7.88M	USD	Point-in-time
Debt	`ShortTermBorrowings`	$30.00M	USD	Point-in-time
Debt	`ShortTermBorrowings`	$30.00M	USD	Point-in-time
Employee related costs	`EmployeeRelatedLiabilitiesCurrent`	$119.28M	USD	Point-in-time
Employee related costs	`EmployeeRelatedLiabilitiesCurrent`	$160.98M	USD	Point-in-time
League-related accruals	`AccruedLeagueRelatedChargesCurrent`	$95.74M	USD	Point-in-time
League-related accruals	`AccruedLeagueRelatedChargesCurrent`	$75.27M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$31.92M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$6.80M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$43.61M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$43.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$132.20M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$132.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$510.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$438.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$350.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$220.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$715.51M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$699.59M	USD	Point-in-time
Defined benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$4.75M	USD	Point-in-time
Defined benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$5.00M	USD	Point-in-time
Other employee related costs	`OtherEmployeeRelatedLiabilitiesNoncurrent`	$45.92M	USD	Point-in-time
Other employee related costs	`OtherEmployeeRelatedLiabilitiesNoncurrent`	$43.41M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$8.92M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$36.51M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$31.12M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$32.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.45B	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of March 31, 2023 and June 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of March 31, 2023 and June 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.23M	USD	Point-in-time
Treasury stock, at cost, 1,084 and 751 shares as of March 31, 2023 and June 30, 2022, respectively	`TreasuryStockValue`	$128.03M	USD	Point-in-time
Treasury stock, at cost, 1,084 and 751 shares as of March 31, 2023 and June 30, 2022, respectively	`TreasuryStockValue`	$179.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-164.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-35.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.18M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.19M	USD	Point-in-time
Total Madison Square Garden Sports Corp. stockholders equity	`StockholdersEquity`	$-147.09M	USD	Point-in-time
Total Madison Square Garden Sports Corp. stockholders equity	`StockholdersEquity`	$-333.78M	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$772.00K	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$1.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-177.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-209.61M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-201.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-386.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-333.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-145.38M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$382.74M	USD	1 Quarter
Revenues	`Revenues`	$337.77M	USD	1 Quarter
Revenues	`Revenues`	$646.15M	USD	3 Qtrs
Revenues from related parties	`RevenueFromRelatedParties`	$75.85M	USD	1 Quarter
Revenues from related parties	`RevenueFromRelatedParties`	$167.15M	USD	3 Qtrs
Revenues from related parties	`RevenueFromRelatedParties`	$153.23M	USD	3 Qtrs
Revenues from related parties	`RevenueFromRelatedParties`	$84.02M	USD	1 Quarter
Revenues	`Revenues`	$760.53M	USD	3 Qtrs
Direct operating expenses from related parties	`RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty`	$43.59M	USD	1 Quarter
Direct operating expenses from related parties	`RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty`	$91.26M	USD	3 Qtrs
Direct operating expenses from related parties	`RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty`	$80.83M	USD	3 Qtrs
Direct operating expenses from related parties	`RelatedPartyTransactionDirectOperatingExpensesFromTransactionsWithRelatedParty`	$40.80M	USD	1 Quarter
Selling, general and administrative expenses from related parties	`RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty`	$51.62M	USD	3 Qtrs
Selling, general and administrative expenses from related parties	`RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty`	$20.49M	USD	1 Quarter
Selling, general and administrative expenses from related parties	`RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty`	$49.62M	USD	3 Qtrs
Selling, general and administrative expenses from related parties	`RelatedPartyTransactionSellingGeneralandAdministrativeExpensesNetofChargestofromTransactionswithRelatedParty`	$18.88M	USD	1 Quarter
Direct operating expenses	`DirectOperatingCosts`	$206.27M	USD	1 Quarter
Direct operating expenses	`DirectOperatingCosts`	$239.05M	USD	1 Quarter
Direct operating expenses	`DirectOperatingCosts`	$468.43M	USD	3 Qtrs
Direct operating expenses	`DirectOperatingCosts`	$407.70M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$172.23M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$68.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$61.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$192.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.21M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$840.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$62.37M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$61.39M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$81.75M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$97.37M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$145.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.63M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$52.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$704.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.39M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.16M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.47M	USD	1 Quarter
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$19.54M	USD	3 Qtrs
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$-190.00K	USD	3 Qtrs
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$19.32M	USD	1 Quarter
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$-63.00K	USD	1 Quarter
Nonoperating income (loss)	`NonoperatingIncomeExpense`	$-9.20M	USD	3 Qtrs
Nonoperating income (loss)	`NonoperatingIncomeExpense`	$13.02M	USD	1 Quarter
Nonoperating income (loss)	`NonoperatingIncomeExpense`	$-2.48M	USD	1 Quarter
Nonoperating income (loss)	`NonoperatingIncomeExpense`	$4.78M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.91M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.15M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.17M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$94.78M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$34.99M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.94M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$42.96M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$47.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$22.23M	USD	3 Qtrs
Net income	`ProfitLoss`	$51.81M	USD	1 Quarter
Net income	`ProfitLoss`	$55.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.92M	USD	1 Quarter
Less: Net loss attributable to nonredeemable noncontrolling interests	`IncomeLossFromContinuingOperationsNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-566.00K	USD	1 Quarter
Less: Net loss attributable to nonredeemable noncontrolling interests	`IncomeLossFromContinuingOperationsNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-1.71M	USD	3 Qtrs
Less: Net loss attributable to nonredeemable noncontrolling interests	`IncomeLossFromContinuingOperationsNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-1.93M	USD	3 Qtrs
Less: Net loss attributable to nonredeemable noncontrolling interests	`IncomeLossFromContinuingOperationsNetOfTaxAttributableToNonredeemableNoncontrollingInterest`	$-584.00K	USD	1 Quarter
Net income attributable to Madison Square Garden Sports Corp.s stockholders	`NetIncomeLoss`	$23.94M	USD	3 Qtrs
Net income attributable to Madison Square Garden Sports Corp.s stockholders	`NetIncomeLoss`	$57.05M	USD	3 Qtrs
Net income attributable to Madison Square Garden Sports Corp.s stockholders	`NetIncomeLoss`	$52.38M	USD	1 Quarter
Net income attributable to Madison Square Garden Sports Corp.s stockholders	`NetIncomeLoss`	$24.50M	USD	1 Quarter
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareBasic`	$2.19	USD	1 Quarter
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareBasic`	$0.99	USD	3 Qtrs
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareBasic`	$2.28	USD	3 Qtrs
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareDiluted`	$0.98	USD	3 Qtrs
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareDiluted`	$2.27	USD	3 Qtrs
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareDiluted`	$2.18	USD	1 Quarter
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.27M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.23M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.13M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.39M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.38M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.23M	shares	3 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$22.23M	USD	3 Qtrs
Net income	`ProfitLoss`	$51.81M	USD	1 Quarter
Net income	`ProfitLoss`	$55.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.85M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$27.59M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$30.94M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$22.06M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$19.18M	USD	3 Qtrs
Unrealized gain on equity investments with readily determinable fair value, warrants, and forward contract	`DebtAndEquitySecuritiesUnrealizedGainLoss`	-	USD	3 Qtrs
Unrealized gain on equity investments with readily determinable fair value, warrants, and forward contract	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$19.02M	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-1.55M	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-859.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$33.59M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$18.50M	USD	3 Qtrs
Net related party receivables	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$44.14M	USD	3 Qtrs
Net related party receivables	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-1.45M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$43.62M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$45.71M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.03M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.09M	USD	3 Qtrs
Net related party payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-11.72M	USD	3 Qtrs
Net related party payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$8.54M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$85.14M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$84.55M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$744.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-29.39M	USD	3 Qtrs
Operating lease right-of-use assets and lease liabilities	`Increasedecreaseinrightofuseassetsandliabilities`	$32.20M	USD	3 Qtrs
Operating lease right-of-use assets and lease liabilities	`Increasedecreaseinrightofuseassetsandliabilities`	$27.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$64.23M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$114.80M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.03M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$886.00K	USD	3 Qtrs
Purchases of equity securities	`PaymentsForProceedsFromOtherInvestingActivities`	$9.33M	USD	3 Qtrs
Purchases of equity securities	`PaymentsForProceedsFromOtherInvestingActivities`	$250.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.37M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.14M	USD	3 Qtrs
Accelerated share repurchase	`PaymentsForAcceleratedShareRepurchase`	-	USD	3 Qtrs
Accelerated share repurchase	`PaymentsForAcceleratedShareRepurchase`	$75.06M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$170.82M	USD	3 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.14M	USD	3 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.44M	USD	3 Qtrs
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from revolving credit facilities	`ProceedsFromLinesOfCredit`	$215.00M	USD	3 Qtrs
Repayment of revolving credit facilities	`RepaymentsOfLinesOfCredit`	$70.00M	USD	3 Qtrs
Repayment of revolving credit facilities	`RepaymentsOfLinesOfCredit`	$85.00M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.84M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.71M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-84.98M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-129.62M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.88M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.18M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.16M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.16M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.02M	USD	Point-in-time
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$73.00K	USD	3 Qtrs
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$148.00K	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$7.00	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$829.00K	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$885.00K	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$829.00K	USD	1 Quarter
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$885.00K	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-177.87M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-209.61M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-201.87M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-386.41M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-333.01M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-145.38M	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$55.12M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$51.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$22.23M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$23.92M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$67.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$23.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$23.94M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$51.82M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$55.13M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$22.30M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.97M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.22M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.18M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.06M	USD	3 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.46M	USD	1 Quarter
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.90M	USD	3 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.31M	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$829.00K	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$885.00K	USD	3 Qtrs
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$829.00K	USD	1 Quarter
Common stock issued under stock incentive plans	`StockIssuedDuringPeriodValueRestrictedStockUnitAward`	$885.00K	USD	1 Quarter
Dividends declared ($7.00 per share)	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$172.75M	USD	3 Qtrs
Accelerated share repurchase	`AcceleratedShareRepurchaseProgramAdjustment`	$-60.00K	USD	1 Quarter
Accelerated share repurchase	`AcceleratedShareRepurchaseProgramAdjustment`	$-75.06M	USD	3 Qtrs
Adjustments to noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	-	USD	3 Qtrs
Adjustments to noncontrolling interests	`MinorityInterestPeriodIncreaseDecrease`	-	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-177.87M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-209.61M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-201.87M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-386.41M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-333.01M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-145.38M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$22.23M	USD	3 Qtrs
Net income	`ProfitLoss`	$51.81M	USD	1 Quarter
Net income	`ProfitLoss`	$55.12M	USD	3 Qtrs
Net income	`ProfitLoss`	$23.92M	USD	1 Quarter
Amortization of actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-4.00K	USD	1 Quarter
Amortization of actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-99.00K	USD	3 Qtrs
Amortization of actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-13.00K	USD	3 Qtrs
Amortization of actuarial loss included in net periodic benefit cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-33.00K	USD	1 Quarter
Other comprehensive income, before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$33.00K	USD	1 Quarter
Other comprehensive income, before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$99.00K	USD	3 Qtrs
Other comprehensive income, before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$13.00K	USD	3 Qtrs
Other comprehensive income, before income taxes	`OtherComprehensiveIncomeLossBeforeTax`	$4.00K	USD	1 Quarter
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$32.00K	USD	3 Qtrs
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$4.00K	USD	3 Qtrs
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$10.00K	USD	1 Quarter
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$1.00K	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	3 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$67.00K	USD	3 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$23.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.94M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.13M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$51.82M	USD	1 Quarter
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterestsContinuingOperations`	$-1.71M	USD	3 Qtrs
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterestsContinuingOperations`	$-566.00K	USD	1 Quarter
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterestsContinuingOperations`	$-1.93M	USD	3 Qtrs
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	`ComprehensiveIncomeLossNetOfTaxPortionAttributableToNonredeemableNoncontrollingInterestsContinuingOperations`	$-584.00K	USD	1 Quarter
Comprehensive income attributable to Madison Square Garden Sports Corp.s stockholders	`ComprehensiveIncomeNetOfTax`	$52.38M	USD	1 Quarter
Comprehensive income attributable to Madison Square Garden Sports Corp.s stockholders	`ComprehensiveIncomeNetOfTax`	$24.53M	USD	1 Quarter
Comprehensive income attributable to Madison Square Garden Sports Corp.s stockholders	`ComprehensiveIncomeNetOfTax`	$57.06M	USD	3 Qtrs
Comprehensive income attributable to Madison Square Garden Sports Corp.s stockholders	`ComprehensiveIncomeNetOfTax`	$24.01M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.