v3.26.3
Revenue Recognition - Schedule of Contract Balances (Details) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Contract Assets and Liabilities [Line Items]    
Receivables from contracts with customers, net [1] $ 63,853 $ 50,557
Contract assets, current [2] 7,792 15,679
Deferred revenue, including non-current portion [3],[4] 366,941 165,970
Contract with customer, deferred revenue, revenue recognized 5,795  
Related Party    
Contract Assets and Liabilities [Line Items]    
Receivables from contracts with customers, net 1,337 1,409
Related Party | Local Media Rights    
Contract Assets and Liabilities [Line Items]    
Deferred revenue, including non-current portion $ 16,430 $ 0
[1] Receivables from contracts with customers, net, which are reported in Accounts receivable, net, Other assets and Net related party receivables in the accompanying consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2026 and June 30, 2026, the Company’s receivables reported above included $1,337 and $1,409, respectively, related to contracts with customers that are related parties. See Note 16 for further details on these related party arrangements. Receivables from contracts with customers, net, exclude amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow.
[2] Contract assets, current, which are reported as Other current assets in the accompanying consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional.
[3] Revenue recognized for the three months ended September 30, 2026 relating to the deferred revenue balance as of July 1, 2026 was $5,795.
[4] Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers, inclusive of sales tax collected, or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The Company had deferred revenue related to local media rights of $16,430 and $0 as of September 30, 2026 and June 30, 2026, respectively. See Note 16 for further details on these related party arrangements.