XML 61 R28.htm IDEA: XBRL DOCUMENT v3.3.1.900

Restructuring Charges

12 Months Ended

Dec. 31, 2015

Restructuring And Related Activities [Abstract]

Restructuring Charges

Note 19. 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 2015, 2014 and 2013, 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.

Other Restructurings

The Company 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 and charges related to the downsizing of facilities.

The table below represents a reconciliation of beginning and ending liability balances by major restructuring activity:

		Marketing & Events Group Consolidation								Other Restructurings
(in thousands)		Severance & Employee Benefits				Facilities				Severance & Employee Benefits				Facilities				Total
Balance at December 31, 2012		$	720			$	5,571			$	—			$	933			$	7,224
Restructuring charges (recoveries)			2,931				(315	)			1,869				(692	)			3,793
Cash payments			(2,411	)			(1,691	)			(498	)			(241	)			(4,841	)
Adjustment to liability			—				—				(478	)			—				(478	)
Balance at December 31, 2013			1,240				3,565				893				—				5,698
Restructuring charges (recoveries)			2,358				(828	)			107				—				1,637
Cash payments			(3,055	)			(1,376	)			(845	)			—				(5,276	)
Adjustment to liability			—				(200	)			85				—				(115	)
Balance at December 31, 2014			543				1,161				240				—				1,944
Restructuring charges			1,767				587				602				—				2,956
Cash payments			(1,514	)			(457	)			(601	)			—				(2,572	)
Adjustment to liability			(45	)			—				(7	)			—				(52	)
Balance at December 31, 2015		$	751			$	1,291			$	234			$	—			$	2,276

As of December 31, 2015, the liabilities related to severance and employee benefits are expected to be paid by the end of 2018. Refer to Note 22 - Segment Information for information regarding restructuring charges by segment.

X

- References

No definition available.

+ 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=27011515&loc=d3e140904-122747

Reference 2: 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=27011515&loc=d3e140864-122747

Reference 3: 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 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 5
-Section P
-Subsection 3, 4

+ Details

Name:	us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration