XML 19 R25.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Restructuring Charges | 12 Months Ended
--- | ---
Dec. 31, 2011
Restructuring Charges [Abstract] |
Restructuring Charges | Note 17. Restructuring Charges Marketing & Events Group Consolidation Beginning in 2009, Viad commenced certain restructuring actions designed to reduce the Company’s cost structure primarily within the Marketing & Events U.S. segment, and to a lesser extent in the Marketing & Events International segment. The Company implemented a strategic reorganization plan in order to consolidate the separate business units within the Marketing & Events U.S. segment. The Company also consolidated facilities and streamlined its operations in the United Kingdom and Germany. As a result, the Company recorded restructuring charges in 2010 and 2009, primarily consisting of severance and related benefits as a result of workforce reductions; and charges related to the consolidation and downsizing of facilities representing the remaining operating lease obligations (net of estimated sublease income) and related costs. During 2011, the Company recorded restructuring charges related to leased facility consolidations and optimization of the Marketing & Events U.S. service delivery network. The Company expects additional restructuring charges during 2012 primarily related to facility consolidations. Other Restructurings The Company has recorded restructuring charges in connection with the consolidation of certain support functions at its corporate headquarters, and certain reorganization activities within the Travel & Recreation Group. These charges primarily consist of severance and related benefits due to headcount reductions. In addition, the Company had recorded significant restructuring charges in past years, primarily within the Marketing & Events U.S. segment. These legacy restructuring liabilities represent the remaining contractual lease obligations on certain facilities, and are subject to periodic adjustments as a result of changes in estimated sublease activity and other factors. These adjustments can result in reversals of previously recorded amounts, or additional charges in some cases. The table below represents a reconciliation of beginning and ending liability balances by major restructuring activity:
|  | Marketing & Events Group Consolidation |  |  | Other Restructurings |  |  |  |
|  | Severance & Employee Benefits |  |  | Facilities |  |  | Severance & Employee Benefits |  |  | Facilities |  |  | Total |
|  |  |  |  |  |  |  | (in thousands) |  |  |  |  |  |  |
Balance at January 1, 2009 |  | $ | — |  |  | $ | — |  |  | $ | 201 |  |  | $ | 6,343 |  |  | $ | 6,544 |
Restructuring charges (recoveries) |  |  | 8,115 |  |  |  | 7,104 |  |  |  | — |  |  |  | (1,165 | ) |  |  | 14,054 |
Cash payments |  |  | (5,043 | ) |  |  | (525 | ) |  |  | (201 | ) |  |  | (1,818 | ) |  |  | (7,587 | )
Adjustment to liability |  |  | (739 | ) |  |  | (284 | ) |  |  | — |  |  |  | (333 | ) |  |  | (1,356 | )
Balance at December 31, 2009 |  |  | 2,333 |  |  |  | 6,295 |  |  |  | — |  |  |  | 3,027 |  |  |  | 11,655 |
Restructuring charges (recoveries) |  |  | 2,637 |  |  |  | 1,180 |  |  |  | 542 |  |  |  | (137 | ) |  |  | 4,222 |
Cash payments |  |  | (3,387 | ) |  |  | (2,164 | ) |  |  | (292 | ) |  |  | (875 | ) |  |  | (6,718 | )
Adjustment to liability |  |  | (466 | ) |  |  | (258 | ) |  |  | (53 | ) |  |  | (373 | ) |  |  | (1,150 | )
Foreign currency translation adjustment |  |  | (11 | ) |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | (13 | )
Balance at December 31, 2010 |  |  | 1,106 |  |  |  | 5,051 |  |  |  | 197 |  |  |  | 1,642 |  |  |  | 7,996 |
Restructuring charges |  |  | 1,182 |  |  |  | 2,519 |  |  |  | 26 |  |  |  | 55 |  |  |  | 3,782 |
Cash payments |  |  | (1,175 | ) |  |  | (2,356 | ) |  |  | (199 | ) |  |  | (158 | ) |  |  | (3,888 | )
Adjustment to liability |  |  | (294 | ) |  |  | (397 | ) |  |  | — |  |  |  | (263 | ) |  |  | (954 | )
Foreign currency translation adjustment |  |  | 12 |  |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | 14 |
Balance at December 31, 2011 |  | $ | 831 |  |  | $ | 4,819 |  |  | $ | 24 |  |  | $ | 1,276 |  |  | $ | 6,950 |
As of December 31, 2011, the liability of $831,000 and $24,000 related to severance and employee benefits in the Marketing & Events Group consolidation and other restructurings, respectively, is expected to be paid by the end of 2012. Additionally, as of December 31, 2011, the liability of $4.8 million and $1.3 million related to facilities in the Marketing & Events Group consolidation and other restructurings, respectively, relates to future lease payment obligations to be made over the remaining lease terms. See Note 20 for information regarding restructuring charges by segment.

X
- Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 146 -Paragraph 20 -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 SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section P -Subsection 3, 4 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration