Nature of Business (Tables)

6 Months Ended

Jun. 30, 2022

Nature of Business

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 (loss) income per share attributable to Hemisphere Media Group, Inc. (amounts in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator for (loss) income per common share calculation:
Net (loss) income attributable to Hemisphere Media Group, Inc.	$	(3,911)	$	(6,286)	$	(17,139)	$	27,072
Denominator for (loss) income per common share calculation:
Weighted-average common shares, basic		39,991		39,641		39,861		39,511
Effect of dilutive securities
Stock options and restricted stock		—		—		—		389
Weighted-average common shares, diluted		39,991		39,641		39,861		39,900
(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