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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Statements of Operations        
Net revenues $ 54,174 $ 50,460 $ 102,973 $ 88,037
Operating expenses:        
Cost of revenues 18,348 14,798 33,473 26,577
Selling, general and administrative 25,911 24,908 56,569 36,299
Depreciation and amortization 3,335 4,337 10,964 7,002
Other expenses 8,939 1,363 10,057 8,091
Gain from FCC spectrum repack and other (95) (2,124) (141) (2,176)
Total operating expenses 56,438 43,282 110,922 75,793
Operating (loss) income (2,264) 7,178 (7,949) 12,244
Other (expense) income:        
Interest expense and other, net (3,111) (3,165) (6,275) (5,523)
Gain (loss) on equity method investment activity 2,283 (8,569) (2,489) 24,040
Other expense, net       (668)
Total other (expense) income (828) (11,734) (8,764) 17,849
(Loss) income before income taxes (3,092) (4,556) (16,713) 30,093
Income tax expense (819) (1,785) (426) (3,053)
Net (loss) income (3,911) (6,341) (17,139) 27,040
Net loss attributable to non-controlling interest   55   32
Net (loss) income attributable to Hemisphere Media Group, Inc. $ (3,911) $ (6,286) $ (17,139) $ 27,072
(Loss) income per share attributable to Hemisphere Media Group, Inc.:        
Basic $ (0.10) $ (0.16) $ (0.43) $ 0.69
Diluted $ (0.10) $ (0.16) $ (0.43) $ 0.68
Weighted average shares outstanding:        
Basic 39,991 39,641 39,861 39,511
Diluted 39,991 39,641 39,861 39,900