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Share-Based Compensation | 9 Months Ended
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Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Share-Based Compensation | Note 2. Share-Based Compensation The following table summarizes share-based compensation expense:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |
Restricted stock |  | $ | 802 |  |  | $ | 890 |  |  | $ | 2,522 |  |  | $ | 2,610 |
Performance unit incentive plan (“PUP”) |  |  | 347 |  |  |  | 548 |  |  |  | 871 |  |  |  | 1,220 |
Stock options |  |  | 3 |  |  |  | 148 |  |  |  | 104 |  |  |  | 450 |
Restricted stock units |  |  | 50 |  |  |  | 84 |  |  |  | 72 |  |  |  | 244 |
Total share-based compensation before income tax benefit |  |  | 1,202 |  |  |  | 1,670 |  |  |  | 3,569 |  |  |  | 4,524 |
Income tax benefit |  |  | (445 | ) |  |  | (571 | ) |  |  | (1,326 | ) |  |  | (1,606 | )
Total share-based compensation, net of income tax benefit |  | $ | 757 |  |  | $ | 1,099 |  |  | $ | 2,243 |  |  | $ | 2,918 |
In addition, $253,000 of share-based compensation costs were included in restructuring charges during the nine months ended September 30, 2012, including $94,000 related to the PUP awards presented below. The following table summarizes the activity of the outstanding share-based compensation awards:
|  | Restricted Stock |  |  | Restricted Stock Units |  |  | PUP Awards |
|  |  |  |  | Weighted- |  |  |  |  |  | Weighted- |  |  |  |  |  | Weighted- |
|  |  |  |  | Average |  |  |  |  |  | Average |  |  |  |  |  | Average |
|  |  |  |  | Grant Date |  |  |  |  |  | Grant Date |  |  |  |  |  | Grant Date |
|  | Shares |  |  | Fair Value |  |  | Units |  |  | Fair Value |  |  | Units |  |  | Fair Value |
Balance at January 1, 2013 |  |  | 516,351 |  |  | $ | 21.25 |  |  |  | 40,500 |  |  | $ | 20.82 |  |  |  | 210,600 |  |  | $ | 21.70 |
Granted |  |  | 101,300 |  |  |  | 27.28 |  |  |  | 8,600 |  |  |  | 27.35 |  |  |  | 93,100 |  |  |  | 27.35 |
Vested |  |  | (161,186 | ) |  |  | 20.74 |  |  |  | (11,300 | ) |  |  | 19.10 |  |  |  | — |  |  |  | — |
Forfeited |  |  | (5,966 | ) |  |  | 23.07 |  |  |  | (8,840 | ) |  |  | 22.33 |  |  |  | (432 | ) |  |  | 20.60 |
Balance at September 30, 2013 |  |  | 450,499 |  |  |  | 22.76 |  |  |  | 28,960 |  |  |  | 22.98 |  |  |  | 303,268 |  |  |  | 23.43 |
The unamortized cost of all outstanding restricted stock awards as of September 30, 2013 was $4.1 million, which Viad expects to recognize in the consolidated financial statements over a weighted-average period of approximately 1.9 years. During the nine months ended September 30, 2013 and 2012, the Company repurchased 48,937 shares for $1.3 million and 53,019 shares for $1.0 million, respectively, related to tax withholding requirements on vested share-based awards. As of September 30, 2013, there were 1,005,372 total shares available for future grant. As of September 30, 2013 and December 31, 2012, Viad had liabilities recorded of $405,000 and $633,000, respectively, related to restricted stock unit liability awards. Portions of the 2009 and 2010 restricted stock unit awards vested in February 2013 and February 2012 and cash payouts of $300,000 and $257,000 were distributed in February 2013 and 2012, respectively. In addition, a portion of the 2009 performance-based restricted stock unit awards vested effective December 31, 2009 and cash payouts of $35,000 were distributed in January 2012. As of September 30, 2013 and December 31, 2012, Viad had liabilities recorded of $4.6 million and $3.7 million, respectively, related to PUP awards. There were no PUP awards which vested during the nine months ended September 30, 2013 or 2012. Furthermore, there were no cash settlements of PUP awards during the nine months ended September 30, 2013 or 2012. The following table summarizes stock option activity:
|  |  |  |  | Weighted- |  |  |  |
|  |  |  |  | Average |  |  | Options |
|  | Shares |  |  | Exercise Price |  |  | Exercisable |
Options outstanding at January 1, 2013 |  |  | 363,896 |  |  | $ | 22.03 |  |  |  | 276,009 |
Exercised |  |  | (47,343 | ) |  |  | 19.48 |  |  |  |  |
Forfeited or expired |  |  | (27,419 | ) |  |  | 28.22 |  |  |  |  |
Options outstanding at September 30, 2013 |  |  | 289,134 |  |  |  | 21.87 |  |  |  | 287,134 |
The total unrecognized cost related to non-vested stock option awards was $3,000 as of September 30, 2013, which Viad expects to recognize in the consolidated financial statements over a weighted-average period of less than one year. No stock options were granted during the nine months ended September 30, 2013.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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