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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 92,151 $ 94,478
Accounts receivable, net of allowance for doubtful accounts of $507 and $2,645, respectively 29,269 28,411
Due from related parties 1,626 970
Programming rights 11,691 10,735
Prepaid taxes and other current assets 11,003 7,801
Total current assets 145,740 142,395
Programming rights, net of current portion 14,804 15,321
Property and equipment, net 34,319 32,209
Operating lease right-of-use assets 1,833  
Broadcast license 41,356 41,356
Goodwill 167,322 169,994
Other intangibles, net 32,587 39,086
Deferred income taxes 1,208 4,290
Equity method investments 49,639 51,658
Other assets 3,979 4,958
Total Assets 492,787 501,267
Current Liabilities    
Accounts payable 1,925 2,515
Due to related parties 669 626
Accrued agency commissions 4,662 5,061
Accrued compensation and benefits 5,021 5,855
Accrued marketing 5,327 5,619
Other accrued expenses 6,596 6,810
Income taxes payable   2,265
Programming rights payable 6,369 4,051
Investee losses in excess of investment 1,484 4,982
Current portion of long-term debt 2,134 2,134
Total current liabilities 34,187 39,918
Programming rights payable, net of current portion 820 1,133
Long-term debt, net of current portion 202,406 203,957
Deferred income taxes 19,331 19,520
Other long-term liabilities 2,917 1,080
Defined benefit pension obligation 2,457 2,260
Total Liabilities 262,118 267,868
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; 0 shares issued at December 31, 2019 and December 31, 2018
Additional paid-in capital 274,518 270,345
Retained earnings 16,075 19,495
Accumulated other comprehensive (loss) income (792) 1,155
Total Hemisphere Media Group Stockholders' Equity 229,285 231,911
Equity attributable to non-controlling interest 1,384 1,488
Total Stockholders' Equity 230,669 233,399
Total Liabilities and Stockholders' Equity 492,787 501,267
Common Class A    
Stockholders' Equity    
Common stock 3 2
Class A treasury stock, at cost 5,609,966 and 5,523,838 at December 31, 2019 and 2018, respectively (60,521) (59,088)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2