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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 72,439 $ 134,471
Accounts receivable, net of allowance for doubtful accounts of $915 and $919, respectively 37,937 35,955
Due from related parties 677 943
Programming rights 9,482 8,301
Prepaids and other current assets 12,379 9,298
Total current assets 132,914 188,968
Programming rights, net of current portion 16,330 13,430
Property and equipment, net 33,038 31,798
Operating lease right-of-use assets 1,544 1,820
Broadcast license 41,356 41,356
Goodwill 309,774 165,597
Other intangibles, net 50,741 24,761
Equity method investments 25,290 29,782
Other assets 11,482 4,333
Total Assets 622,469 501,845
Current Liabilities    
Accounts payable 14,261 2,350
Due to related parties 920 648
Accrued agency commissions 4,310 6,529
Accrued compensation and benefits 4,772 5,934
Accrued marketing 7,708 7,066
Other accrued expenses 29,260 8,137
Income taxes payable 4,821 2,233
Programming rights payable 16,319 7,626
Current portion of long-term debt 2,686 2,134
Total current liabilities 85,057 42,657
Programming rights payable, net of current portion 2,586 776
Long-term debt, net of current portion 247,603 200,856
Deferred income taxes 19,509 19,306
Other long-term liabilities 3,335 3,932
Defined benefit pension obligation 2,872 2,832
Total Liabilities 360,962 270,359
Stockholders' Equity    
Additional paid-in capital 285,373 279,800
Retained earnings 41,912 14,840
Accumulated other comprehensive loss (1,513) (2,187)
Total Hemisphere Media Group Stockholders' Equity 261,058 231,005
Equity attributable to non-controlling interest 449 481
Total Stockholders' Equity 261,507 231,486
Total Liabilities and Stockholders' Equity 622,469 501,845
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost 5,997,339 and 5,710,416 at June 30, 2021 and December 31, 2020, respectively (64,719) (61,453)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2