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Share-based Compensation (Tables) | 12 Months Ended
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Jun. 30, 2024
Share-Based Payment Arrangement, Disclosure [Abstract] |
Share-Based Compensation Expense | The following table summarizes the Company’s share-based compensation expense for Fiscal Years 2024, 2023 and 2022:
|  | Fiscal Year Ended
|  | June 30,
|  | 2024 |  | 2023 |  | 2022
Share-based compensation (a) |  | $ | 47,382 |  |  | $ | 42,607 |  |  | $ | 56,760 |
_________________ (a) Share-based compensation excludes costs that have been capitalized of $2,193, $3,642, and $2,979 for Fiscal Years 2024, 2023 and 2022, respectively. For Fiscal Years 2024, 2023 and 2022, share-based compensation also excludes costs of $1,166, $8,118, and $4,254, respectively, that have been reclassified to Restructuring charges in the consolidated statements of operations, as detailed in Note 5., Restructuring Charges.
Share-based Payment Arrangement, Restricted Stock Unit, Activity | The following table summarizes activity related to the Company’s RSUs and PSUs, held by the Company, MSG Sports and MSG Entertainment employees for Fiscal Year 2024:
| Number of |  | Weighted-Average Grant-date Fair Value
| RSUs |  | PSUs |
Unvested award balance as of June 30, 2023 | 1,140 |  |  | 1,179 |  |  | $ | 63.74 |
Granted | 626 |  |  | 439 |  |  | $ | 36.94 |
Vested (a) | (660) |  |  | (338) |  |  | $ | 37.48 |
Forfeited | (68) |  |  | (85) |  |  | $ | 31.99 |
Unvested award balance as of June 30, 2024 | 1,038 |  |  | 1,195 |  |  | $ | 64.90 |
_________________ (a) The fair value of RSUs and PSUs that vested and were distributed during Fiscal Year 2024 was $45,263. Upon delivery, RSUs and PSUs granted under the Employee Stock Plan and the MSG Networks Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 431 awards, with an aggregate value of $15,996 were retained by the Company during Fiscal Year 2024. The following table summarizes additional information about RSUs and PSUs:
| Years Ended June 30,
| 2024 |  | 2023 |  | 2022
Weighted average grant date fair value per share of awards granted | $ | 36.94 |  |  | $ | 50.81 |  |  | $ | 79.34 |
Fair value of awards vested | $ | 45,263 |  |  | $ | 42,467 |  |  | $ | 39,530 |
Share-based Payment Arrangement, Option, Activity | The following table summarizes activity related to the Company’s stock options for Fiscal Year 2024:
| Number of Stock Options |  |  | Weighted-Average Exercise Price Per Share |  | Weighted-Average Remaining Contractual Term (In Years) |  | Aggregate Intrinsic Value
Balance as of June 30, 2023 | 724 |  |  |  | $ | 48.03 |  |  |  |  |
Options granted during Fiscal Year 2024 | 3,819 |  |  |  | $ | 46.17 |  |  |  |  |
Options exercised during Fiscal Year 2024 | (184) |  |  |  | $ | 48.06 |  |  |  |  |
Options forfeited during Fiscal Year 2024 | (432) |  |  |  | $ | 46.17 |  |  |  |  |
Balance as of June 30, 2024 | 3,927 |  |  |  | $ | 51.51 |  |  | 8.32 |  | $ | 497 |
Exercisable as of June 30, 2024 | 540 |  |  |  | $ | 48.08 |  |  | 2.06 |  | $ | 497 |
Share-Based Payment Arrangement, Stock Appreciation Right, Activity | The following table summarizes activity related to the Company’s SARs for Fiscal Year 2024:
| Number of SARs |  |  | Weighted-Average Price |  | Weighted-Average Remaining Contractual Term (In Years) |  | Aggregate Intrinsic Value
Balance as of June 30, 2023 | — |  |  |  | $ | — |  |  |  |  |
SARs granted during Fiscal Year 2024 | 188 |  |  |  | $ | 46.17 |  |  |  |  |
Balance as of June 30, 2024 | 188 |  |  |  | $ | 46.17 |  |  | 2.31 |  | $ | — |
Exercisable as of June 30, 2024 | — |  |  |  | $ | — |  |  |  |  |

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