Nature of Business (Tables)

3 Months Ended

Mar. 31, 2021

Nature of Business

Schedule of the computation of the common shares outstanding used in determining basic and diluted 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 March 31,
	2021		2020
Numerator for income (loss) per common share calculation:
Net income (loss) attributable to Hemisphere Media Group, Inc.	$	33,358	$	(9,428)
Denominator for income (loss) per common share calculation:
Weighted-average common shares, basic		39,380		39,313
Effect of dilutive securities
Stock options and restricted stock		376		—
Weighted-average common shares, diluted		39,756		39,313
Income (loss) per share attributable to Hemisphere Media Group, Inc.
Basic	$	0.85	$	(0.24)
Diluted	$	0.84	$	(0.24)