| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Net revenues | ||||||||
149,387 | 147,079 | 124,464 | - | - | - | - | - | - |
Net revenues | ||||||||
- | - | - | 138,525 | 129,790 | 111,989 | 86,005 | 71,367 | 60,797 |
Operating Expenses: | ||||||||
Cost of revenues | ||||||||
43,138 | 42,174 | 39,965 | 41,293 | 41,189 | 36,450 | 33,950 | 32,409 | 28,985 |
Selling, general and administrative | ||||||||
44,761 | 44,499 | 39,437 | 38,333 | 36,037 | 31,608 | 29,678 | 13,667 | 13,024 |
Depreciation and amortization | ||||||||
12,533 | 16,081 | 16,228 | 16,608 | 17,218 | 16,552 | 8,762 | 3,723 | 3,425 |
Other expenses | ||||||||
1,451 | 1,473 | 3,501 | 2,262 | 446 | 1,282 | 5,694 | 703 | - |
(Gain) from FCC spectrum repack and other | ||||||||
- | - | 23 | - | - | - | - | - | - |
Gain from FCC repack and other | ||||||||
1,739 | 1,880 | - | - | - | - | - | - | - |
(Gain) loss on disposition of assets | ||||||||
- | - | - | -6 | -33 | -70 | -199 | 1 | 39 |
Total operating expenses | ||||||||
100,144 | 102,347 | 99,108 | 98,502 | 94,923 | 85,962 | 78,283 | 50,501 | 45,395 |
Operating income | ||||||||
49,243 | 44,732 | 25,356 | 40,023 | 34,867 | 26,027 | 7,722 | 20,866 | 15,402 |
Other expense: | ||||||||
Interest expense, net | ||||||||
-11,953 | -12,132 | -10,905 | -11,651 | -12,086 | -11,925 | -7,240 | -3,551 | -3,627 |
Loss on equity method investments | ||||||||
-30,271 | -35,206 | -11,885 | - | - | - | - | - | - |
Gain on insurance proceeds and other, net | ||||||||
1,596 | 2,080 | - | - | - | - | - | - | - |
Gain from insurance proceeds | ||||||||
- | - | -3,250 | - | - | - | - | - | - |
Loss on impairment of assets | ||||||||
- | - | 546 | - | - | - | - | - | - |
Loss on extinguishment of debt | ||||||||
- | - | - | - | - | -1,116 | -1,649 | - | - |
Other income, net | ||||||||
- | - | - | - | - | - | - | - | -187 |
Total other expense | ||||||||
-40,628 | -45,258 | -20,086 | -11,651 | -12,086 | -13,041 | -8,889 | -3,551 | -3,814 |
(Loss)income before income taxes | ||||||||
8,615 | -526 | 5,270 | 28,372 | 22,781 | 12,986 | - | - | - |
Income before income taxes | ||||||||
- | - | - | - | - | - | -1,167 | 17,315 | 11,588 |
Income tax benefit (expense) | ||||||||
12,086 | 10,271 | 18,706 | 10,372 | 9,042 | 2,429 | 3,130 | 6,285 | 3,984 |
Net loss | ||||||||
-3,471 | -10,797 | -13,436 | - | - | - | - | - | - |
Net loss attributable to non-controlling interest | ||||||||
-104 | 109 | - | - | - | - | - | - | - |
Net loss attributable to Hemisphere Media Group, Inc. | ||||||||
-3,367 | -10,906 | -13,436 | 18,000 | 13,739 | 10,557 | -4,297 | 11,030 | 7,604 |
Loss per share attributable to Hemisphere Media Group, Inc.: | ||||||||
Basic (in dollars per share) | ||||||||
-0.09 | -0.28 | -0.33 | 0.43 | 0.32 | 0.25 | -0.14 | 11,030.00 | 7,604.00 |
Diluted (in dollars per share) | ||||||||
-0.09 | -0.28 | -0.33 | 0.43 | 0.31 | 0.25 | -0.14 | 11,030.00 | 7,604.00 |
Weighted average shares outstanding: | ||||||||
Basic (in shares) | ||||||||
39,158 | 38,986 | 40,164 | 41,666 | 42,840 | 42,321 | 31,143 | 1 | 1 |
Diluted (in shares) | ||||||||
39,158 | 38,986 | 40,164 | 42,274 | 43,802 | 42,622 | 31,143 | 1 | 1 |