Total Revenue (USD, thousands)

Cost of Goods Sold (COGS) (USD, thousands)

Selling, General, and Administrative Expenses (SG&A) (USD, thousands)

Research and Development (R&D) (USD, thousands)

Depreciation and Amortization (D&A) (USD, thousands)

Interest Expense (USD, thousands)

Operating Income (EBIT) (USD, thousands)

Net Income (USD, thousands)

Earnings Per Share (EPS) - Basic (USD)

Earnings Per Share (EPS) - Diluted (USD)

7876b0355783e50266c5b6ab22e3bf1d8d3d462116e829c52f952f3f08395210

Adjustments for Non-Cash Items (USD, thousands)

Stock-Based Compensation (USD, thousands)

Changes in Working Capital (USD, thousands)

Capital Expenditures (CapEx) (USD, thousands)

Proceeds from Debt (USD, thousands)

Repayments of Debt (USD, thousands)

Share Repurchases (USD, thousands)

Dividend Payments (USD, thousands)

Net Change in Cash (USD, thousands)

795b3d368b031b88dfdb23393338df4e3dde1ddb7d825486f77f4d7926cde1eb

18bc4430af1c4c6d5e6f609b0ce709b7b714b1b428d5eccda7de1eefb2fe0fda

EDR’s sharp decline in cash and cash equivalents in Q2 2024 was driven by several factors. Specifically, while the company generated **$340,518 thousand** in operating cash flow—helped by non-cash items, increased accrued liabilities due to a UFC class action lawsuit settlement, and deposits held for clients—this was more than offset by **$(108,830) thousand** used in investing activities for capital expenditures and investments, **$(458,363) thousand** in financing activities (including debt repayments, payments for non-controlling interests, and dividend distributions), and an additional **$(112,787) thousand** cash outflow related to discontinued operations. These combined factors resulted in a substantial reduction in cash and cash equivalents during the period.  **[0001193125-24-196565_d873663dex991.htm:7]** **[0000950170-24-093374_edr-20240630.htm:8]** **[0000950170-24-093374_edr-20240630.htm:78]** **[0000950170-24-093374_edr-20240630.htm:79]** 

What led to the sharp decline in cash and cash equivalents in Q2 2024?

The **current portion of long-term debt** increased dramatically primarily because a portion of the debt—the **First Lien Term Loan under the 2014 Credit Facilities**—is set to mature on **May 18, 2025**. As this maturity date approaches, the relevant portion is reclassified from long-term to current liabilities since it will be due within the next 12 months, following standard accounting practices.  **[0000950170-24-093374_edr-20240630.htm:29]** **[0000950170-24-093374_edr-20240630.htm:8]** **[0000950170-24-093374_edr-20240630.htm:18]** 

Why did the current portion of long-term debt spike in Q2 2024?

The decline in total assets by Q3 2024 was attributed to several key factors. **Deferred costs** dropped significantly due to the recognition of expenses related to major events such as the Paris Olympics. There was also a notable **reduction in long-term assets of discontinued operations** as certain businesses were being sold off. Additionally, **intangible assets** decreased, likely driven by amortization, and an **increase in accounts receivable** further contributed to the overall decline in total assets.  **[0001193125-24-252644_d865891dex991.htm:7]** **[0000950170-24-122829_edr-20240930.htm:8]** **[0000950170-24-122829_edr-20240930.htm:85]** 

What factors contributed to the decline in total assets by Q3 2024?

The available documents do not provide a clear explanation for the drop in intangible assets in Q4 2023. While one source provides the value for Q4 2023 (**4,812,284**  **[0000950170-24-122829_edr-20240930.htm:8]** **[0000950170-24-093374_edr-20240630.htm:8]** ) and another documents the Q3 figure (**5,342,618**  **[0000950170-23-060694_edr-20230930.htm:7]** ), the only detailed explanation available relates to a significant increase driven by acquisitions (notably WWE), reclassification, and adjustments during the period.  **[0001193125-24-049138_d785271dex991.htm:0]** **[0000950170-24-021653_edr-20231231.htm:211]** **[0000950170-24-021653_edr-20231231.htm:234]**  There is no specific discussion of factors that would explain a decline between Q3 and Q4 2023.

What explains the drop in intangible assets in Q4 2023?

b8ea54372219857b3006663eb642727ad34bea61c139b996922848fa1c07e32f

Current Assets (USD, thousands)

Cash and Cash Equivalents (USD, thousands)

Accounts Receivable (USD, thousands)

Inventory (USD, thousands)

Non-Current Assets (USD, thousands)

Property, Plant, and Equipment (PP&E) (USD, thousands)

Goodwill (USD, thousands)

Intangible Assets (USD, thousands)

Current Liabilities (USD, thousands)

Accounts Payable (USD, thousands)

Short-term Debt (USD, thousands)

Accrued Expenses (USD, thousands)

Non-Current Liabilities (USD, thousands)

Long-term Debt (USD, thousands)

Lease Liabilities (USD, thousands)

Deferred Tax Liabilities (USD, thousands)

Shareholders' Equity (USD, thousands)

Retained Earnings (USD, thousands)

Common Stock (USD, thousands)

Additional Paid-in Capital (USD, thousands)

53bde024646d728f282f30f6105c00ee8830973060a8b746f3f79759f98b5191

Company not found (EDR)

Financials