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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 54,680 $ 134,471
Accounts receivable, net of allowance for doubtful accounts of $915 and $919, respectively 33,473 35,955
Due from related parties 581 943
Programming rights 6,836 8,301
Prepaids and other current assets 23,035 9,298
Total current assets 118,605 188,968
Programming rights, net of current portion 20,726 13,430
Property and equipment, net 31,728 31,798
Operating lease right-of-use assets 1,425 1,820
Broadcast license 41,356 41,356
Goodwill 236,764 165,597
Other intangibles, net 120,879 24,761
Equity method investments 24,959 29,782
Other assets 7,429 4,333
Total Assets 603,871 501,845
Current Liabilities    
Accounts payable 11,602 2,350
Due to related parties 690 648
Accrued agency commissions 5,110 6,529
Accrued compensation and benefits 6,223 5,934
Accrued marketing 7,965 7,066
Other accrued expenses 22,978 8,137
Income taxes payable 2,952 2,233
Programming rights payable 13,245 7,626
Current portion of long-term debt 2,656 2,134
Total current liabilities 73,421 42,657
Programming rights payable, net of current portion 3,237 776
Long-term debt, net of current portion 247,261 200,856
Deferred income taxes 25,545 19,306
Other long-term liabilities 2,794 3,932
Defined benefit pension obligation 2,917 2,832
Total Liabilities 355,175 270,359
Stockholders' Equity    
Additional paid-in capital 287,063 279,800
Retained earnings 27,560 14,840
Accumulated other comprehensive loss (1,169) (2,187)
Total Hemisphere Media Group Stockholders' Equity 248,696 231,005
Equity attributable to non-controlling interest   481
Total Stockholders' Equity 248,696 231,486
Total Liabilities and Stockholders' Equity 603,871 501,845
Common Class A    
Stockholders' Equity    
Common stock 3 3
Class A treasury stock, at cost 6,001,151 and 5,710,416 at September 30, 2021 and December 31, 2020, respectively (64,763) (61,453)
Common Class B    
Stockholders' Equity    
Common stock $ 2 $ 2