XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Condensed Consolidated Statements of Operations    
Net revenues $ 35,110 $ 29,035
Operating Expenses:    
Cost of revenues 10,214 9,427
Selling, general and administrative 10,901 10,584
Depreciation and amortization 4,067 3,997
Other expenses 231 233
Gain from FCC repack and other (1,462) (3)
Total operating expenses 23,951 24,238
Operating income 11,159 4,797
Other expenses:    
Interest expense, net (2,960) (2,884)
Loss on equity method investments (7,376) (9,795)
Total other expenses (10,336) (12,679)
Income (loss) before income taxes 823 (7,882)
Income tax (expense) benefit (2,556) 323
Net loss (1,733) (7,559)
Net loss attributable to non-controlling interest 47  
Net loss available to Hemisphere Media Group $ (1,686) $ (7,559)
Loss per share available to Hemisphere Media Group:    
Basic (in dollars per share) $ (0.04) $ (0.19)
Diluted (in dollars per share) $ (0.04) $ (0.19)
Weighted average shares outstanding:    
Basic (in shares) 39,031 38,955
Diluted (in shares) 39,031 38,955