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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Consolidated Statements of Operations        
Net revenues $ 34,735 $ 39,147 $ 67,144 $ 74,257
Operating expenses:        
Cost of revenues 12,560 11,317 23,527 21,531
Selling, general and administrative 10,208 10,813 21,441 21,714
Depreciation and amortization 2,794 2,556 5,925 6,623
Other expenses 27 422 3,048 653
Loss (gain) from FCC spectrum repack and other 182 (45) 173 (1,507)
Total operating expenses 25,771 25,063 54,114 49,014
Operating income 8,964 14,084 13,030 25,243
Other expense:        
Interest expense, net (2,496) (3,005) (5,282) (5,965)
Loss on equity method investments (10,189) (9,784) (17,208) (17,160)
Impairment of equity method investment     (5,479)  
Total other expense (12,685) (12,789) (27,969) (23,125)
(Loss) income before income taxes (3,721) 1,295 (14,939) 2,118
Income tax expense (2,884) (3,643) (1,209) (6,199)
Net loss (6,605) (2,348) (16,148) (4,081)
Net (income) loss attributable to non-controlling interest (77) (10) 38 37
Net loss attributable to Hemisphere Media Group, Inc. $ (6,682) $ (2,358) $ (16,110) $ (4,044)
Loss per share attributable to Hemisphere Media Group, Inc.:        
Basic (in dollars per share) $ (0.17) $ (0.06) $ (0.41) $ (0.10)
Diluted (in dollars per share) $ (0.17) $ (0.06) $ (0.41) $ (0.10)
Weighted average shares outstanding:        
Basic (in shares) 39,444 39,164 39,378 39,098
Diluted (in shares) 39,444 39,164 39,378 39,098