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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 129,301 $ 145,003
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,123 5,650
Amortization of deferred financing costs 1,591 2,252
Debt refinancing expense 455 0
Share-based compensation expense 13,852 13,658
Provision for doubtful accounts 45 (756)
Change in assets and liabilities:    
Accounts receivable, net (223) 932
Related party receivables, net (12,622) (18,918)
Prepaid expenses and other assets 663 377
Accounts payable 364 (1,033)
Related party payables, including payable to MSG 747 466
Prepaid/payable for income taxes 6,141 (4,144)
Accrued and other liabilities (4,692) (1,856)
Deferred revenue 861 (2,430)
Deferred income taxes (1,635) 2,879
Net Cash Provided by (Used in) Operating Activities 139,971 142,080
Cash flows from investing activities:    
Capital expenditures (2,211) (1,912)
Investment in nonconsolidated entity 0 2,000
Net Cash Provided by (Used in) Investing Activities (2,211) (3,912)
Cash flows from financing activities:    
Principal repayments on term loan facilities (see Note 7) (28,125) (156,250)
Proceeds from senior secured credit facilities (see Note 7) 100,000 0
Payments of Financing Costs (3,969) 0
Share repurchase costs (289,557) 0
Taxes paid in lieu of shares issued for share-based compensation (4,235) (5,000)
Net cash used in financing activities (225,886) (161,250)
Net decrease in cash and cash equivalents (88,126) (23,082)
Cash, Beginning of Period 138,297 182,261
Cash, Ending of Period $ 138,297 $ 182,261