Nature of Business and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Nature of Business and Significant Accounting Policies

Schedule of the computation of the common shares outstanding used in determining basic and diluted income (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):

	Years Ended December 31,
	2021		2020
Numerator for income (loss) per common share calculation:
Net income (loss) attributable to Hemisphere Media Group, Inc.	$	11,063	$	(1,235)
Denominator for income (loss) per common share calculation:
Weighted-average common shares, basic		39,612		39,434
Effect of dilutive securities
Stock options, restricted stock and warrants		322		—
Weighted-average common shares, diluted		39,934		39,434
Income (loss) per share attributable to Hemisphere Media Group, Inc.
Basic	$	0.28	$	(0.03)
Diluted	$	0.28	$	(0.03)

Schedule of barter revenue and expense included in the Consolidated Statements of Operations

Barter revenue and expense included in the accompanying Consolidated Statements of Operations are as follows (amounts in thousands):

	Year ended
	December 31,
	2021		2020
Barter revenue	$	449	$	434
Barter expense		(490)		(419)
	$	(41)	$	15

Schedule of changes in the allowance for doubtful accounts

		Beginning		Provisions						End
Year	Description	of Year		for bad debt		Write-offs		Recoveries		of Year
2021	Allowance for doubtful accounts	$	919	$	87	$	239	$	4	$	771
2020	Allowance for doubtful accounts	$	507	$	922	$	577	$	67	$	919