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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2011
Impairment Losses/Goodwill and Other Intangible Assets [Abstract] |
Goodwill and Other Intangible Assets | Note 8. Goodwill and Other Intangible Assets As discussed in Note 3 above, Viad recorded impairment losses of $98.3 million related to goodwill during 2009 at the Marketing & Events Group. During 2010, Viad recorded impairment losses of $185,000 related to other intangible assets at the Travel & Recreation Group. During 2009, Viad recorded impairment losses of $14.0 million related to other intangible assets at the Marketing & Events Group. As of December 31, 2011, Viad had cumulative goodwill impairment losses of $225.2 million since the adoption of the goodwill impairment testing provisions of ASC Topic 350. The changes in the carrying amount of goodwill were as follows:
|  |  | $,000000 |  |  |  | $,000000 |  |  |  | $,000000 |  |  |  | $,000000 |
|  | Marketing & Events U.S. |  |  | Marketing & Events International |  |  | Travel & Recreation Group |  |  | Total |
|  |  |  |  | (in thousands) |  |  |  |
Balance at January 1, 2010 |  | $ | 62,686 |  |  | $ | 22,472 |  |  | $ | 39,773 |  |  | $ | 124,931 |
Foreign currency translation adjustments |  |  | — |  |  |  | (17 | ) |  |  | 2,527 |  |  |  | 2,510 |
Balance at December 31, 2010 |  |  | 62,686 |  |  |  | 22,455 |  |  |  | 42,300 |  |  |  | 127,441 |
Business acquisitions |  |  | — |  |  |  | — |  |  |  | 7,645 |  |  |  | 7,645 |
Foreign currency translation adjustments |  |  | — |  |  |  | (257 | ) |  |  | (1,135 | ) |  |  | (1,392 | )
Balance at December 31, 2011 |  | $ | 62,686 |  |  | $ | 22,198 |  |  | $ | 48,810 |  |  | $ | 133,694 |
A summary of other intangible assets as of December 31, 2011 is presented below:
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
|  |  |  |  | (in thousands) |  |  |  |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer contracts and relationships |  | $ | 3,122 |  |  | $ | (1,736 | ) |  | $ | 1,386 |
Other |  |  | 68 |  |  |  | (30 | ) |  |  | 38 |
|  |  | 3,190 |  |  |  | (1,766 | ) |  |  | 1,424 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Business licenses |  |  | 460 |  |  |  | — |  |  |  | 460 |
Total |  | $ | 3,650 |  |  | $ | (1,766 | ) |  | $ | 1,884 |
A summary of amortized other intangible assets as of December 31, 2010 is presented below:
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
|  |  |  |  | (in thousands) |  |  |  |
Customer contracts and relationships |  | $ | 2,506 |  |  | $ | (1,135 | ) |  | $ | 1,371 |
Proprietary technology |  |  | 517 |  |  |  | (448 | ) |  |  | 69 |
Design libraries |  |  | 175 |  |  |  | (110 | ) |  |  | 65 |
Other |  |  | 166 |  |  |  | (108 | ) |  |  | 58 |
Total |  | $ | 3,364 |  |  | $ | (1,801 | ) |  | $ | 1,563 |
Intangible asset amortization expense for 2011, 2010 and 2009 was $772,000, $954,000 and $1.8 million, respectively. The weighted-average amortization period of customer contracts and relationships and other amortizable intangible assets is approximately 3.3 years and 5.8 years, respectively. Estimated amortization expense related to amortized intangible assets for future years is expected to be as follows:
|  | (in thousands) |
2012 |  | $ | 539 |
2013 |  | $ | 498 |
2014 |  | $ | 237 |
2015 |  | $ | 90 |
2016 and thereafter |  | $ | 60 |

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 42, 43, 44, 45, 46, 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16373-109275 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13854-109267 + Details
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