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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 134,471 $ 92,151
Accounts receivable, net of allowance for doubtful accounts of $919 and $507, respectively 35,955 29,269
Due from related parties 943 1,626
Programming rights 8,301 11,691
Prepaid taxes and other current assets 9,298 11,003
Total current assets 188,968 145,740
Programming rights, net of current portion 13,430 14,804
Property and equipment, net 31,798 34,319
Operating lease right-of-use assets 1,820 1,833
Broadcast license 41,356 41,356
Goodwill 165,597 167,322
Other intangibles, net 24,761 32,587
Deferred income taxes   1,208
Equity method investments 29,782 49,639
Other assets 4,333 3,979
Total Assets 501,845 492,787
Current Liabilities    
Accounts payable 2,350 1,925
Due to related parties 648 669
Accrued agency commissions 6,529 4,662
Accrued compensation and benefits 5,934 5,021
Accrued marketing 7,066 5,327
Other accrued expenses 8,137 6,596
Income taxes payable 2,233  
Programming rights payable 7,626 6,369
Investee losses in excess of investment   1,484
Current portion of long-term debt 2,134 2,134
Total current liabilities 42,657 34,187
Programming rights payable, net of current portion 776 820
Long-term debt, net of current portion 200,856 202,406
Deferred income taxes 19,306 19,331
Other long-term liabilities 3,932 2,917
Defined benefit pension obligation 2,832 2,457
Total Liabilities 270,359 262,118
Stockholders' Equity    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; 0 shares issued at December 31, 2020 and December 31, 2019
Additional paid-in capital 279,800 274,518
Retained earnings 14,840 16,075
Accumulated other comprehensive loss (2,187) (792)
Total Hemisphere Media Group Stockholders' Equity 231,005 229,285
Equity attributable to non-controlling interest 481 1,384
Total Stockholders' Equity 231,486 230,669
Total Liabilities and Stockholders' Equity 501,845 492,787
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost 5,710,416 and 5,609,966 at December 31, 2020 and 2019, respectively (61,453) (60,521)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2