Hemisphere media group, inc. (HMTV)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Dec'12
Assets
Current Assets
Cash

95,009

92,151

85,227

79,481

86,205

94,478

95,932

97,978

107,377

124,299

140,321

155,520

164,372

163,090

150,560

147,168

170,123

179,532

170,399

159,678

147,267

142,010

132,162

74,867

73,909

176,622

172,940

81,020

10,084

Cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101,891

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $1,110 and $507, respectively

29,212

29,269

29,630

31,943

28,624

28,411

27,489

25,477

22,409

20,007

25,243

22,925

24,132

25,566

24,370

25,089

24,878

25,519

23,636

23,882

21,200

24,763

19,374

20,086

13,982

15,589

14,020

14,151

10,511

Due from related parties

1,020

1,626

1,255

1,196

1,481

970

2,834

2,598

2,397

2,169

1,889

1,683

1,406

1,505

1,299

1,437

1,837

1,722

1,448

1,094

2,899

1,334

2,346

2,098

1,851

2,142

835

1,455

-

Programming rights

11,140

11,691

10,456

10,492

11,905

10,735

10,400

9,489

7,605

7,723

7,922

7,848

7,721

5,450

6,257

6,826

6,531

5,552

5,512

5,970

6,242

5,441

5,652

6,332

5,366

5,748

5,446

5,857

4,403

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,487

4,222

4,222

4,222

3,855

3,818

-

3,472

6,149

6,149

3,049

Prepaids and other current assets

12,457

11,003

7,719

7,841

6,646

7,801

10,499

12,550

12,242

12,517

8,686

11,197

6,805

7,904

8,982

6,220

4,982

4,541

8,917

8,680

6,664

8,071

7,974

6,314

4,291

4,078

1,792

5,335

1,362

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,401

-

-

-

-

-

Total current assets

148,838

145,740

134,287

130,953

134,861

142,395

147,154

148,092

152,030

166,715

184,061

199,173

204,436

203,515

191,468

186,740

208,351

216,866

214,399

203,526

188,494

185,841

171,363

114,916

201,290

207,651

201,184

113,968

29,409

Programming rights, net of current portion

15,701

14,804

14,208

14,657

14,795

15,321

14,327

13,480

12,637

11,520

11,852

11,213

11,227

10,450

10,496

9,629

8,274

7,457

7,578

7,894

7,945

6,652

6,579

7,430

7,365

7,000

7,093

7,823

2,664

Property and equipment, net

33,440

34,319

34,758

34,939

34,390

32,209

32,372

29,220

25,416

24,433

24,603

24,816

24,820

25,501

25,842

25,568

25,553

25,397

24,870

23,802

23,224

23,867

23,857

24,253

24,416

24,675

25,073

25,604

26,861

Operating lease right-of-use assets

1,701

1,833

1,962

2,090

1,792

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,879

2,004

2,129

-

2,381

2,507

2,631

2,758

2,885

3,019

3,124

3,251

3,376

-

2,044

Broadcast license

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,356

41,355

41,355

41,356

Goodwill

167,322

167,322

170,068

170,068

170,068

169,994

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

164,887

130,794

130,794

116,481

124,803

10,983

Other intangibles, net

30,684

32,587

32,243

33,997

35,752

39,086

41,790

45,067

48,380

51,661

54,967

58,209

61,499

64,849

68,151

71,494

74,851

78,185

81,531

84,845

88,178

91,611

95,134

98,848

32,973

34,610

36,246

24,416

1,678

Deferred income taxes

1,748

1,208

-

-

-

4,290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

5,243

4,824

4,485

-

4,822

4,330

4,471

4,802

18,830

19,075

18,638

18,638

16,101

13,280

13,280

13,280

-

-

-

-

-

-

-

-

-

4,822

863

Equity method investments

42,106

49,639

51,476

53,858

57,153

51,658

46,619

41,563

38,481

30,907

24,406

14,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate swap

-

-

-

-

-

-

3,302

2,882

2,253

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

4,135

3,979

1,310

1,285

2,220

4,958

774

444

487

1,605

808

600

651

1,245

523

1,905

1,529

1,468

2,042

1,413

1,525

1,425

3,341

1,182

870

783

654

2,712

-

Total Assets

487,031

492,787

486,911

488,027

496,872

501,267

497,403

491,321

490,398

497,886

525,770

533,679

527,514

530,441

520,703

516,863

540,210

548,896

539,044

530,230

518,240

518,397

509,402

455,891

442,188

450,120

431,466

345,506

115,858

Liabilities and Stockholders' Equity
Current Liabilities
Accounts payable

2,537

1,925

2,057

2,347

3,771

2,515

4,236

4,173

4,303

3,465

5,034

2,923

2,773

3,525

2,337

2,478

2,887

2,463

1,934

1,952

2,139

2,176

1,994

2,447

1,662

1,566

4,084

3,881

912

Due to related parties

643

669

434

619

1,268

626

3,881

3,221

2,557

1,885

1,236

786

499

413

331

548

1,356

1,182

991

406

590

787

593

1,095

778

738

-

-

-

Accrued agency commissions

4,625

4,662

3,393

2,636

1,569

5,061

3,175

2,176

853

4,064

3,116

3,090

1,844

6,725

4,717

3,413

1,895

8,168

5,665

3,545

1,716

6,642

4,127

2,651

1,159

6,101

-

-

7,110

Accrued compensation and benefits

3,327

5,021

5,369

4,619

3,684

5,855

5,510

4,809

3,942

5,540

4,258

4,111

3,624

4,488

4,594

3,739

2,982

3,995

4,209

3,491

2,715

3,391

3,760

2,961

2,479

2,374

-

-

2,182

Accrued marketing

5,777

5,327

4,957

4,867

5,155

5,619

5,602

5,292

5,227

4,997

5,183

5,792

6,091

6,378

6,611

6,886

6,617

6,569

3,179

2,791

3,024

5,581

3,261

3,053

-

685

-

-

-

Other accrued expenses

8,937

6,596

5,945

5,629

6,042

6,810

4,072

4,149

3,438

3,771

3,434

3,206

3,073

3,610

3,425

2,968

3,512

3,047

7,661

7,941

5,699

2,049

3,758

3,617

3,856

4,243

-

-

2,749

Income taxes payable

-

-

-

-

3,467

2,265

-

-

-

24

36

56

2,867

1,619

57

1,149

2,027

1,722

3,671

-

-

927

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,361

8,961

-

Programming rights payable

8,559

6,369

5,141

4,786

4,947

4,051

3,454

3,534

3,953

2,920

3,971

4,465

3,660

3,293

2,875

4,192

4,529

4,426

4,405

4,307

5,225

4,228

4,356

5,310

4,475

4,585

3,857

4,751

3,208

Investee losses in excess of investment

-

1,484

1,484

2,409

4,056

4,982

8,853

7,210

5,372

2,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,135

-

-

-

-

Current portion of long-term debt

2,134

2,134

2,134

2,133

2,133

2,134

1,601

1,067

534

2,133

2,133

2,133

2,133

-

-

-

-

8,278

2,250

2,250

2,250

2,250

2,250

1,750

1,750

1,750

1,750

9,761

4,608

Total current liabilities

36,539

34,187

30,914

30,045

36,092

39,918

40,384

35,631

30,179

31,605

28,401

26,562

26,564

30,051

24,947

25,373

25,805

39,850

33,965

26,683

23,358

28,031

24,099

22,884

24,294

22,042

20,053

27,355

20,769

Programming rights payable, net of current portion

897

820

1,052

1,678

1,561

1,133

3,760

2,087

803

1,101

805

896

744

107

1,793

2,221

634

365

274

942

1,256

111

518

1,062

858

837

1,667

1,455

927

Long-term debt, net of current portion

202,019

202,406

202,794

203,182

203,570

203,957

204,345

204,733

205,121

205,509

205,897

206,285

206,671

210,270

211,929

211,834

211,739

209,391

218,140

218,607

219,074

219,541

220,007

169,985

170,358

170,731

171,104

75,548

52,404

Deferred income taxes

19,331

19,331

-

-

-

19,520

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

19,541

19,520

19,520

-

19,089

18,763

18,763

18,763

17,829

18,266

17,829

17,829

17,968

18,269

18,269

17,928

9,889

11,670

11,670

11,670

11,830

11,125

2,040

13,647

147

-

-

Other long-term liabilities

5,224

2,917

3,937

3,657

2,545

1,080

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,224

2,178

-

Swap liability

-

-

-

-

-

-

-

-

-

-

208

340

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Defined benefit pension obligation

2,502

2,457

2,239

2,194

2,192

2,260

2,139

2,094

2,055

2,004

2,595

2,573

2,551

2,844

2,871

2,821

2,771

2,721

2,698

2,732

2,682

2,631

2,186

2,127

2,087

2,075

-

-

2,099

Total Liabilities

266,512

262,118

260,477

260,276

265,480

267,868

269,717

263,308

256,921

258,982

255,735

254,922

254,359

261,101

259,508

260,518

259,218

270,255

264,966

260,634

258,040

261,984

258,640

207,183

199,637

209,332

195,195

106,538

76,199

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Stockholders' Equity
Preferred stock, $0.0001 par value; 50,000,000 shares authorized; 0 shares issued at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

Additional paid-in capital

275,798

274,518

273,245

271,117

270,674

270,345

268,316

267,347

266,345

265,329

264,366

263,177

262,121

261,051

258,881

258,351

257,545

256,551

256,797

255,226

248,183

246,858

245,530

244,140

242,332

240,817

240,784

241,316

34,608

Fair Value of Contingent Consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,284

-2,030

-

Class A treasury stock, at cost 5,609,966 at March 31, 2020 and December 31, 2019

-

-

59,540

59,573

59,013

-

59,747

59,184

57,337

57,303

46,089

35,364

35,069

35,069

34,990

34,961

4,479

3,144

3,040

3,040

1,961

1,961

1,907

1,907

938

938

938

938

-

Retained earnings

6,647

16,075

12,229

15,398

17,756

19,495

16,682

17,736

22,842

30,401

52,445

51,763

46,582

43,837

37,915

33,566

28,537

25,837

20,903

17,992

14,560

12,098

7,771

7,107

1,789

1,541

-546

1,392

5,838

Accumulated other comprehensive loss

-2,679

-792

-956

-647

530

1,155

2,430

2,109

1,622

472

-691

-823

-483

-483

-615

-615

-615

-607

-586

-586

-586

-586

-636

-636

-636

-636

-749

-776

-787

Total Hemisphere Media Group Stockholders' Equity

219,250

229,285

224,983

226,300

229,951

231,911

227,686

228,013

233,477

238,904

270,035

278,757

273,155

269,340

261,195

256,345

280,992

278,641

274,078

269,596

260,200

256,413

250,762

248,708

242,551

240,788

236,270

238,968

39,659

Equity attributable to non-controlling interest

1,269

1,384

1,451

1,451

1,441

1,488

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Stockholders' Equity

220,519

230,669

226,434

227,751

231,392

233,399

-

-

-

238,904

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities and Stockholders' Equity

487,031

492,787

486,911

488,027

496,872

501,267

497,403

491,321

490,398

497,886

525,770

533,679

527,514

530,441

520,703

516,863

540,210

548,896

539,044

530,230

518,240

518,397

509,402

455,891

442,188

450,120

431,466

345,506

115,858

Common Class A
Common stock

3

3

3

3

2

2

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A treasury stock, at cost 5,609,966 at March 31, 2020 and December 31, 2019

60,521

60,521

-

-

-

59,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B
Common stock

2

2

2

2

2

2

-

-

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-