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Segment Information | 12 Months Ended
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Dec. 31, 2011
Segment Information [Abstract] |
Segment Information | Note 20. Segment Information Viad measures profit and performance of its operations on the basis of segment operating income which excludes restructuring charges and recoveries and impairment charges and recoveries. Intersegment sales are eliminated in consolidation and intersegment transfers are not significant. Corporate activities include expenses not allocated to operations. Depreciation and amortization, and share-based compensation expense are the only significant non-cash items for the reportable segments. Disclosures regarding Viad’s reportable segments with reconciliations to consolidated totals are as follows:
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  |  |  |  | (in thousands) |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events Group: |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 631,360 |  |  | $ | 570,978 |  |  | $ | 568,432 |
International |  |  | 218,639 |  |  |  | 197,787 |  |  |  | 172,648 |
Intersegment eliminations |  |  | (9,449 | ) |  |  | (12,281 | ) |  |  | (10,578 | )
|  |  | 840,550 |  |  |  | 756,484 |  |  |  | 730,502 |
Travel & Recreation Group |  |  | 101,814 |  |  |  | 88,277 |  |  |  | 75,302 |
|  | $ | 942,364 |  |  | $ | 844,761 |  |  | $ | 805,804 |
Segment operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events Group: |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | (6,269 | ) |  | $ | (15,217 | ) |  | $ | (22,095 | )
International |  |  | 11,449 |  |  |  | 10,088 |  |  |  | 9,226 |
|  |  | 5,180 |  |  |  | (5,129 | ) |  |  | (12,869 | )
Travel & Recreation Group |  |  | 20,196 |  |  |  | 19,885 |  |  |  | 17,057 |
|  |  | 25,376 |  |  |  | 14,756 |  |  |  | 4,188 |
Corporate activities |  |  | (7,682 | ) |  |  | (6,422 | ) |  |  | (5,607 | )
|  |  | 17,694 |  |  |  | 8,334 |  |  |  | (1,419 | )
Interest income |  |  | 779 |  |  |  | 584 |  |  |  | 579 |
Interest expense |  |  | (1,511 | ) |  |  | (1,835 | ) |  |  | (1,690 | )
Restructuring charges: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events U.S. |  |  | (3,756 | ) |  |  | (3,232 | ) |  |  | (11,980 | )
Marketing & Events International |  |  | — |  |  |  | (448 | ) |  |  | (1,300 | )
Travel & Recreation Group |  |  | — |  |  |  | (235 | ) |  |  | — |
Corporate |  |  | (26 | ) |  |  | (307 | ) |  |  | (774 | )
Impairment losses: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events U.S. |  |  | — |  |  |  | — |  |  |  | (90,691 | )
Marketing & Events International |  |  | — |  |  |  | — |  |  |  | (23,318 | )
Travel & Recreation Group |  |  | — |  |  |  | (302 | ) |  |  | (2,854 | )
Income (loss) from continuing operations before income taxes |  | $ | 13,180 |  |  | $ | 2,559 |  |  | $ | (133,447 | )
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  |  |  |  | (in thousands) |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events Group: |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 213,843 |  |  | $ | 235,965 |  |  | $ | 245,104 |
International |  |  | 96,996 |  |  |  | 83,441 |  |  |  | 78,601 |
Travel & Recreation Group |  |  | 194,278 |  |  |  | 157,562 |  |  |  | 147,090 |
Corporate and other |  |  | 112,711 |  |  |  | 139,535 |  |  |  | 138,391 |
|  | $ | 617,828 |  |  | $ | 616,503 |  |  | $ | 609,186 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events Group: |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 17,247 |  |  | $ | 17,887 |  |  | $ | 18,446 |
International |  |  | 5,027 |  |  |  | 4,486 |  |  |  | 4,103 |
Travel & Recreation Group |  |  | 6,674 |  |  |  | 5,648 |  |  |  | 5,464 |
Corporate and other |  |  | 178 |  |  |  | 231 |  |  |  | 256 |
|  | $ | 29,126 |  |  | $ | 28,252 |  |  | $ | 28,269 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Marketing & Events Group: |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 11,692 |  |  | $ | 9,050 |  |  | $ | 14,169 |
International |  |  | 5,635 |  |  |  | 4,776 |  |  |  | 4,842 |
Travel & Recreation Group |  |  | 3,271 |  |  |  | 3,214 |  |  |  | 2,304 |
Corporate and other |  |  | 940 |  |  |  | — |  |  |  | — |
|  | $ | 21,538 |  |  | $ | 17,040 |  |  | $ | 21,315 |
Products and Services. Viad’s revenues for each group of products and services are presented in the following table:
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  |  |  |  | (in thousands) |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Convention and event services |  | $ | 670,054 |  |  | $ | 590,444 |  |  | $ | 582,969 |
Exhibits and environments |  |  | 170,496 |  |  |  | 166,040 |  |  |  | 147,533 |
Travel and recreation services |  |  | 101,814 |  |  |  | 88,277 |  |  |  | 75,302 |
Total revenues |  | $ | 942,364 |  |  | $ | 844,761 |  |  | $ | 805,804 |
Geographic Areas. Viad’s foreign operations are located principally in Canada, the United Kingdom, Germany and the United Arab Emirates. Marketing & Events Group revenues are designated as domestic or foreign based on the originating location of the product or service. Long-lived assets are attributed to domestic or foreign based principally on the physical location of the assets. Long-lived assets consist of “Property and equipment, net” and “Other investments and assets.” The table below presents the financial information by major geographic area:
|  |  | 00000000 |  |  |  | 00000000 |  |  |  | 00000000 |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  |  |  |  | (in thousands) |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 660,998 |  |  | $ | 590,163 |  |  | $ | 589,344 |
Canada |  |  | 140,374 |  |  |  | 136,066 |  |  |  | 106,093 |
United Kingdom |  |  | 124,208 |  |  |  | 93,092 |  |  |  | 90,429 |
Other international |  |  | 16,784 |  |  |  | 25,440 |  |  |  | 19,938 |
Total revenues |  | $ | 942,364 |  |  | $ | 844,761 |  |  | $ | 805,804 |
Long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 145,217 |  |  | $ | 117,751 |  |  | $ | 122,149 |
Canada |  |  | 47,624 |  |  |  | 51,182 |  |  |  | 50,757 |
United Kingdom |  |  | 8,165 |  |  |  | 8,295 |  |  |  | 8,602 |
Other international |  |  | 3,858 |  |  |  | 3,481 |  |  |  | 2,561 |
Total long-lived assets |  | $ | 204,864 |  |  | $ | 180,709 |  |  | $ | 184,069 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -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 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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