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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 117,741 $ 92,151
Accounts receivable, net of allowance for doubtful accounts of $1,172 and $507, respectively 31,965 29,269
Due from related parties 1,579 1,626
Programming rights 9,892 11,691
Prepaids and other current assets 8,032 11,003
Total current assets 169,209 145,740
Programming rights, net of current portion 15,198 14,804
Property and equipment, net 32,543 34,319
Operating lease right-of-use assets 1,955 1,833
Broadcast license 41,356 41,356
Goodwill 167,322 167,322
Other intangibles, net 27,435 32,587
Deferred income taxes 1,331 1,208
Equity method investments 31,979 49,639
Other assets 4,343 3,979
Total Assets 492,671 492,787
Current Liabilities    
Accounts payable 5,520 1,925
Due to related parties 1,700 669
Accrued agency commissions 3,533 4,662
Accrued compensation and benefits 5,722 5,021
Accrued marketing 6,734 5,327
Other accrued expenses 6,231 6,596
Programming rights payable 10,257 6,369
Investee losses in excess of investment   1,484
Current portion of long-term debt 2,134 2,134
Total current liabilities 41,831 34,187
Programming rights payable, net of current portion 1,079 820
Long-term debt, net of current portion 201,243 202,406
Deferred income taxes 19,331 19,331
Other long-term liabilities 4,967 2,917
Defined benefit pension obligation 2,474 2,457
Total Liabilities 270,925 262,118
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; 0 shares issued at September 30, 2020 and December 31, 2019
Additional paid-in capital 278,469 274,518
Retained earnings 5,262 16,075
Accumulated other comprehensive loss (2,225) (792)
Total Hemisphere Media Group Stockholders' Equity 220,480 229,285
Equity attributable to non-controlling interest 1,266 1,384
Total Stockholders' Equity 221,746 230,669
Total Liabilities and Stockholders' Equity 492,671 492,787
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost 5,670,853 and 5,609,966 at September 30, 2020 and December 31, 2019, respectively (61,031) (60,521)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2