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Acquisition of Business (Tables) | 9 Months Ended
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Sep. 30, 2014
Business Combinations [Abstract] |
Assets Acquired and Liabilities Assumed |
(in thousands) |  |  |  |
Purchase price paid as: |  |  |  |
Cash |  |  |  | $ | 16,544 |
Working capital adjustment payable |  |  |  | 320 |
Total purchase price |  |  |  | 16,864 |
Fair value of net assets acquired: |  |  |  |
Prepaid expenses |  | $ | 24 |  |  |
Inventory |  | 1,374 |  |  |
Property and equipment, net |  | 14,510 |  |  |
Intangible assets |  | 189 |  |  |
Total assets acquired |  | 16,097 |  |  |
Accrued liabilities |  | 35 |  |  |
Customer deposits |  | 402 |  |  |
Other liabilities |  | 64 |  |  |
Total liabilities acquired |  | 501 |  |  |
Total fair value of net assets acquired |  |  |  | 15,596 |
Excess purchase price over fair value of net assets acquired (“goodwill”) |  |  |  | $ | 1,268 |
(in thousands) |  |  |  |
Purchase price |  |  |  | $ | 24,415 |
Cash acquired |  |  |  | (190 | )
Purchase price, net of cash acquired |  |  |  | $ | 24,225 |
Fair value of net assets acquired: |  |  |  |
Accounts receivable, net |  | $ | 264 |  |  |
Inventory |  | 433 |  |  |
Prepaid expenses |  | 410 |  |  |
Property and equipment, net |  | 5,892 |  |  |
Intangible assets |  | 9,636 |  |  |
Total assets acquired |  | 16,635 |  |  |
Accounts payable |  | 1,232 |  |  |
Accrued liabilities |  | 2,246 |  |  |
Customer deposits |  | 199 |  |  |
Deferred tax liability |  | 767 |  |  |
Revolving credit facility |  | 488 |  |  |
Accrued dilapidations |  | 589 |  |  |
Total liabilities acquired |  | 5,521 |  |  |
Total fair value of net assets acquired |  |  |  | 11,114 |
Excess purchase price over fair value of net assets acquired (“goodwill”) |  |  |  | $ | 13,111 |
Pro Forma Information | The following table summarizes the unaudited pro forma results of operations attributable to Viad, assuming that the acquisitions above had each been completed on January 1, 2013:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands, except per share data) |  | 2014 |  | 2013 |  | 2014 |  | 2013
Revenue |  | $ | 302,362 |  |  | $ | 228,080 |  |  | $ | 856,462 |  |  | $ | 771,241 |
Depreciation and amortization |  | 8,794 |  |  | 8,328 |  |  | 24,969 |  |  | 24,468 |
Income from continuing operations |  | 31,003 |  |  | 8,787 |  |  | 47,427 |  |  | 22,562 |
Net income attributable to Viad |  | 29,075 |  |  | 11,294 |  |  | 57,119 |  |  | 24,743 |
Diluted net income per share |  | 1.45 |  |  | 0.56 |  |  | 2.82 |  |  | 1.22 |
Basic net income per share |  | 1.45 |  |  | 0.56 |  |  | 2.82 |  |  | 1.22 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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