Nature of Business (Tables)

9 Months Ended

Sep. 30, 2020

Nature of Business

Schedule of the computation of the common shares outstanding used in determining basic and diluted income (loss) per share

The following table sets forth the computation of the common shares outstanding used in determining basic and diluted income (loss) per share attributable to Hemisphere Media Group, Inc. (amounts in thousands, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator for income (loss) per common share calculation:
Net income (loss) attributable to Hemisphere Media Group, Inc.	$	5,297	$	(3,169)	$	(10,813)	$	(7,213)
Denominator for income (loss) per common share calculation:
Weighted-average common shares, basic		39,489		39,209		39,415		39,135
Effect of dilutive securities
Stock options and restricted stock		36		—		—		—
Weighted-average common shares, diluted		39,525		39,209		39,415		39,135
Income (loss) per share attributable to Hemisphere Media Group, Inc.
Basic	$	0.13	$	(0.08)	$	(0.27)	$	(0.18)
Diluted	$	0.13	$	(0.08)	$	(0.27)	$	(0.18)