XML 152 R130.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Interim Condensed Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Condensed Income Statements, Captions [Line Items]                      
Revenues $ 273,395 $ 321,330 $ 314,157 $ 118,007 $ 129,099 $ 162,062 $ 159,541 $ 123,129 $ 1,026,889 $ 573,831 $ 610,055
Operating expenses (344,772) (361,723) (473,839) (187,796) (199,445) (263,968) (209,276) (174,184)      
Operating loss (71,377) (40,393) (159,682) (69,789) (70,346) (101,906) (49,735) (51,055)      
Net income (loss) from continuing operations (71,217) (47,240) (173,248) 67,072 359,636 (113,998) (27,308) (46,303) (224,633) 172,027 (137,850)
Income (loss) from discontinued operations, net of taxes 24,631 0 0 (647) 178,085 55,443 97,865 2,260 23,984 333,653 (52,297)
Net (loss) income         537,721 (58,555) 70,557 (44,043) (200,649) 505,680 (190,147)
Net income (loss) attributable to redeemable noncontrolling interests from discontinued operations                   3,925 7,739
Net (loss) income attributable to Sphere Entertainment Co.’s stockholders $ (46,586) $ (47,240) $ (173,248) $ 66,425 536,792 (56,847) 67,584 (44,757) $ (200,649) $ 502,772 $ (194,395)
Basic (loss) earnings per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (in usd per share)                 $ (5.68) $ 14.51 $ (5.77)
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share)                 $ (5.68) $ 14.40 $ (5.77)
Discontinued Operations                      
Condensed Income Statements, Captions [Line Items]                      
Net income (loss) attributable to redeemable noncontrolling interests from discontinued operations         1,264 (1,492) 3,029 1,124 $ 0 $ 3,925 $ 7,739
Less: Net loss attributable to nonredeemable noncontrolling interests from discontinued operations         $ (335) $ (216) $ (56) $ (410) 0 (1,017) (3,491)
Basic (loss) earnings per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (in usd per share) $ 0.69 $ 0 $ 0 $ (0.02) $ 5.09 $ 1.65 $ 2.74 $ 0.05      
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share) 0.69 0 0 (0.01) 5.03 1.65 2.74 0.05      
Continuing Operations                      
Condensed Income Statements, Captions [Line Items]                      
Revenues [1]                 1,026,889 573,831 610,055
Operating loss                 (341,241) (273,042) (165,737)
Net (loss) income                 $ (200,649) $ 505,680 $ (190,147)
Basic (loss) earnings per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (in usd per share) (2.00) (1.33) (4.91) 1.92 10.34 (3.28) (0.79) (1.35)      
Diluted (loss) earnings per common share attributable to Sphere Entertainment Co.'s stockholders (in dollars per share) $ (2.00) $ (1.33) $ (4.91) $ 1.90 $ 10.21 $ (3.28) $ (0.79) $ (1.35)      
[1] See Note 18. Related Party Transactions, for further information on related party revenues and expenses