Hemisphere media group, inc. (HMTV)
Income statement / Quarterly
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'13Mar'13Sep'12Jun'12
Net revenues

32,409

39,284

35,846

39,147

35,110

46,014

37,239

34,791

29,035

23,952

32,173

35,180

33,159

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

39,407

33,116

35,031

30,971

36,236

31,465

32,618

29,471

33,202

28,781

29,055

20,951

25,876

23,705

22,929

13,495

17,543

17,227

Operating Expenses:
Cost of revenues

10,967

11,162

10,445

11,317

10,214

10,874

11,039

10,834

9,427

9,539

9,883

10,298

10,245

10,646

9,826

10,638

10,183

11,579

10,249

9,908

9,453

10,386

9,174

9,292

7,598

10,132

10,290

7,672

5,856

9,234

7,439

Selling, general and administrative

11,233

11,178

11,869

10,813

10,901

11,712

11,095

11,108

10,584

10,592

9,510

9,843

9,492

10,558

8,999

9,520

9,256

9,221

8,907

9,325

8,584

8,133

8,353

8,241

6,881

7,108

6,597

12,544

3,429

3,309

3,325

Depreciation and amortization

3,131

3,329

2,581

2,556

4,067

4,041

4,023

4,020

3,997

4,005

4,041

4,067

4,115

4,108

4,083

4,061

4,356

4,289

4,283

4,265

4,381

4,474

4,668

4,832

2,578

2,584

2,586

2,582

1,010

919

921

Other expenses

3,021

268

530

422

231

506

193

541

233

445

332

474

2,250

1,492

638

119

13

-

75

306

-

-1

972

62

249

900

122

1,380

3,292

429

85

Gain from FCC repack and other

9

78

154

45

1,462

906

936

35

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-2

-

0

9

-16

1

-2

0

-34

3

-1

-55

-16

2

-131

0

-43

-25

-

1

Total operating expenses

28,343

25,859

25,271

25,063

23,951

26,227

25,414

26,468

24,238

24,556

23,766

24,684

26,102

26,804

23,537

24,354

23,807

25,156

23,514

23,838

22,415

22,993

23,222

22,443

17,304

20,855

19,595

24,221

13,612

13,893

11,770

Operating income

4,066

13,425

10,575

14,084

11,159

19,787

11,825

8,323

4,797

-604

8,407

10,496

7,057

12,603

9,579

10,677

7,164

11,080

7,951

8,780

7,056

10,209

5,559

6,612

3,647

5,021

4,110

-1,292

-117

3,650

5,456

Other expense:
Interest expense, net

-2,786

-2,875

-3,113

-3,005

-2,960

-3,156

-3,073

-3,019

-2,884

-2,816

-2,863

-2,598

-2,628

-2,872

-2,954

-2,869

-2,956

-3,015

-3,080

-3,008

-2,983

-3,053

-3,029

-2,936

-2,907

-2,950

-2,376

-1,155

-759

-853

-771

Loss on equity method investments

-7,019

-6,223

-6,888

-9,784

-7,376

-7,928

-8,657

-8,826

-9,795

-

-2,571

121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of equity method investment

5,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on insurance proceeds

-

-

-

-

-

-

2,080

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of assets

-

-

-

-

-

-

-

-

-

-

533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,116

-

-

-

-1,649

-

-

-

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-12

-12

-12

Total other expense

-15,284

-7,502

-10,001

-12,789

-10,336

-11,084

-9,650

-11,845

-12,679

-9,014

-5,967

-2,477

-2,628

-

-2,954

-2,869

-

-

-

-

-

-

-4,145

-

-

-2,925

-4,025

-1,168

-771

-865

-783

(Loss)income before income taxes

-11,218

5,923

574

1,295

823

8,703

2,175

-3,522

-7,882

-9,618

2,440

8,019

4,429

9,731

6,625

7,808

4,208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,871

5,772

4,073

-

1,414

3,676

740

2,096

85

-2,460

-888

2,784

4,673

Income tax benefit (expense)

-1,700

2,100

3,743

3,643

2,600

5,781

3,229

1,584

-323

12,426

1,758

2,838

1,684

3,809

2,276

2,779

1,508

3,129

1,961

2,341

1,611

2,828

751

-1,642

492

-543

4,070

-34

-363

1,828

2,022

Net loss

-9,543

3,779

-3,169

-2,348

-1,733

2,922

-1,054

-5,106

-7,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to non-controlling interest

-115

-67

0

10

-47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Hemisphere Media Group, Inc.

-9,428

3,846

-3,169

-2,358

-1,686

2,813

-1,054

-5,106

-7,559

-22,044

682

5,181

2,745

5,922

4,349

5,029

2,700

4,936

2,910

3,431

2,462

4,328

663

5,318

248

2,639

-3,985

-2,426

-525

955

2,651

Loss per share attributable to Hemisphere Media Group, Inc.:
Basic (in dollars per share)

-0.24

0.09

-0.08

-0.06

-0.04

0.07

-0.03

-0.13

-0.19

-0.55

0.02

0.13

0.07

0.14

0.11

0.12

0.06

0.11

0.07

0.08

0.06

0.09

0.02

0.13

0.01

525.01

-0.09

-0.06

-525.00

955,689.00

2,651,037.00

Diluted (in dollars per share)

-0.24

0.09

-0.08

-0.06

-0.04

0.07

-0.03

-0.13

-0.19

-0.55

0.02

0.13

0.07

0.14

0.11

0.12

0.06

0.10

0.07

0.08

0.06

0.09

0.02

0.13

0.01

525.01

-0.09

-0.06

-525.00

955,689.00

2,651,037.00

Weighted average shares outstanding:
Basic (in shares)

39,313

39,228

39,209

39,164

39,031

38,999

38,969

39,021

38,955

39,111

40,398

40,633

40,514

40,477

40,499

42,546

43,142

43,124

43,103

42,737

42,396

84,513

42,383

42,345

42

83,817

42

40,711

1

0

0

Diluted (in shares)

39,313

39,228

39,209

39,164

39,031

38,999

38,969

39,021

38,955

38,163

40,925

40,808

40,760

40,785

41,035

42,807

44,469

44,530

44,143

43,290

43,245

85,340

42,587

42,518

42

83,817

42

40,711

1

0

0