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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash $ 194,388 $ 134,471
Accounts receivable, net of allowance for doubtful accounts of $928 and $919, respectively 32,909 35,955
Due from related parties 471 943
Programming rights 9,115 8,301
Prepaids and other current assets 9,655 9,298
Total current assets 246,538 188,968
Programming rights, net of current portion 12,414 13,430
Property and equipment, net 33,709 31,798
Operating lease right-of-use assets 1,683 1,820
Broadcast license 41,356 41,356
Goodwill 310,082 165,597
Other intangibles, net 54,017 24,761
Equity method investments 33,159 29,782
Other assets 10,049 4,333
Total Assets 743,007 501,845
Current Liabilities    
Accounts payable 5,824 2,350
Due to related parties 215 648
Accrued agency commissions 4,950 6,529
Accrued compensation and benefits 3,869 5,934
Accrued marketing 7,486 7,066
Other accrued expenses 28,193 8,137
Income taxes payable 2,864 2,233
Programming rights payable 20,516 7,626
Current portion of long-term debt 2,656 2,134
Payable for acquisition of Pantaya 123,605  
Total current liabilities 200,178 42,657
Programming rights payable, net of current portion 2,414 776
Long-term debt, net of current portion 247,946 200,856
Deferred income taxes 19,410 19,306
Other long-term liabilities 3,339 3,932
Defined benefit pension obligation 2,877 2,832
Total Liabilities 476,164 270,359
Stockholders' Equity    
Additional paid-in capital 283,883 279,800
Retained earnings 48,198 14,840
Accumulated other comprehensive loss (1,843) (2,187)
Total Hemisphere Media Group Stockholders' Equity 266,339 231,005
Equity attributable to non-controlling interest 504 481
Total Stockholders' Equity 266,843 231,486
Total Liabilities and Stockholders' Equity 743,007 501,845
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost 5,934,443 and 5,710,416 at March 31, 2021 and December 31, 2020, respectively (63,904) (61,453)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2