XML 84 R62.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Discontinued Operations - Schedule of Disposed Income Discontinued Operations (Details) - USD ($)
$ 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
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Income tax expense                   $ 1,020  
Gain on disposal, net of taxes                   (212,857)  
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)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Revenues                   1,177,467 1,114,563
Direct operating expenses                   (683,269) (685,759)
Selling, general, and administrative expenses                   (270,498) (265,211)
Depreciation and amortization                   (72,659) (102,067)
Impairment and other gains, net                   4,834 2,800
Restructuring charges                   (7,435) (1,286)
Operating income                   148,440 63,040
Interest income                   3,029 635
Interest expense                   (3,582) (27,155)
Other income, net                   12,121  
Other expense, net                     (84,772)
Income from discontinued operations before income taxes                   160,008 (48,252)
Income tax expense                   (39,212) (4,045)
Income (loss) from discontinued operations, net of taxes                   120,796  
Gain on disposal before income taxes                   213,877  
Income tax expense                   1,020  
Gain on disposal, net of taxes                   (212,857)  
Income (loss) from discontinued operations, net of taxes                   333,653 (52,297)
Less: Net income attributable to redeemable noncontrolling interests                   3,925 (3,491)
Less: Net loss attributable to nonredeemable noncontrolling interests                   (1,017) 7,739
Net (loss) income attributable to discontinued operations per statement of operations                 $ 23,984 330,745 (56,545)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Eliminations                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Revenues                   (1,761) (2,698)
Direct operating expenses                   1,371 2,077
Selling, general, and administrative expenses                   (195) 0
Depreciation and amortization                   0 0
Impairment and other gains, net                   0 0
Restructuring charges                   0 0
Operating income                   (585) (621)
Interest income                   0 0
Interest expense                   0 0
Other income, net                   0  
Other expense, net                     0
Income from discontinued operations before income taxes                   (585) (621)
Income tax expense                   0 0
Income (loss) from discontinued operations, net of taxes                   (585)  
Gain on disposal before income taxes                   0  
Income tax expense                   0  
Gain on disposal, net of taxes                   0  
Income (loss) from discontinued operations, net of taxes                   (585) (621)
Less: Net income attributable to redeemable noncontrolling interests                   0 0
Less: Net loss attributable to nonredeemable noncontrolling interests                   0 0
Net (loss) income attributable to discontinued operations per statement of operations                   (585) (621)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Madison Square Garden Entertainment                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Depreciation and amortization                   (49,423) (69,564)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Madison Square Garden Entertainment | Operating Segments                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Revenues                   731,299 632,612
Direct operating expenses                   (421,440) (417,108)
Selling, general, and administrative expenses                   (119,032) (110,288)
Depreciation and amortization                   (49,423) (69,564)
Impairment and other gains, net                   4,361 0
Restructuring charges                   (7,435) (1,286)
Operating income                   138,330 34,366
Interest income                   2,880 612
Interest expense                   (1,031) (25,453)
Other income, net                   11,456  
Other expense, net                     (84,690)
Income from discontinued operations before income taxes                   151,635 (75,165)
Income tax expense                   (5,517) 14,069
Income (loss) from discontinued operations, net of taxes                   146,118  
Gain on disposal before income taxes                   0  
Income tax expense                   0  
Gain on disposal, net of taxes                   0  
Income (loss) from discontinued operations, net of taxes                   146,118 (61,096)
Less: Net income attributable to redeemable noncontrolling interests                   0 (2,864)
Less: Net loss attributable to nonredeemable noncontrolling interests                   (553) 0
Net (loss) income attributable to discontinued operations per statement of operations                   146,671 (58,232)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Tao Group Hospitality                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Depreciation and amortization                   (23,236) (32,503)
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Tao Group Hospitality | Operating Segments                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Revenues                   447,929 484,649
Direct operating expenses                   (263,200) (270,728)
Selling, general, and administrative expenses                   (151,271) (154,923)
Depreciation and amortization                   (23,236) (32,503)
Impairment and other gains, net                   473 2,800
Restructuring charges                   0 0
Operating income                   10,695 29,295
Interest income                   149 23
Interest expense                   (2,551) (1,702)
Other income, net                   665  
Other expense, net                     (82)
Income from discontinued operations before income taxes                   8,958 27,534
Income tax expense                   (33,695) (18,114)
Income (loss) from discontinued operations, net of taxes                   (24,737)  
Gain on disposal before income taxes                   213,877  
Income (loss) from discontinued operations, net of taxes                   188,120 9,420
Less: Net income attributable to redeemable noncontrolling interests                   3,925 (627)
Less: Net loss attributable to nonredeemable noncontrolling interests                   (464) 7,739
Net (loss) income attributable to discontinued operations per statement of operations                   $ 184,659 $ 2,308