Acquisition of Businesses (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of recognized identified assets acquired and liabilities assumed

The following table summarizes the allocation of the aggregate purchase price paid and the amounts of assets acquired and liabilities assumed based on the estimated fair value as of the acquisition date. The allocation of the purchase price was completed as of March 31, 2017.

(in thousands)
Purchase price paid as:
Cash			$	50,920
Cash acquired				(6	)
Purchase price, net of cash acquired				50,914

Fair value of net assets acquired:
Inventories	$	11
Prepaid expenses		37
Property and equipment		10,867
Intangible assets		6,028
Total assets acquired		16,943
Accrued liabilities		118
Total liabilities assumed		118
Total fair value of net assets acquired				16,825
Excess purchase price over fair value of net assets acquired (“goodwill”)			$	34,089

Unaudited pro forma results of operations attributable to Viad

The following table summarizes the unaudited pro forma results of operations attributable to Viad, assuming the 2016 acquisitions of CATC Alaska Tourism Corporation (“CATC”), the business of ON Event Services, LLC (“ON Services”), and FlyOver Canada had been completed on January 1, 2016:

	Three Months Ended
(in thousands, except per share data)	March 31, 2016
Revenue	$	257,163
Depreciation and amortization	$	11,966
Loss from continuing operations	$	(8,477	)
Net loss attributable to Viad	$	(8,501	)
Diluted loss per share ⁽¹⁾	$	(0.43	)
Basic loss per share	$	(0.43	)

⁽¹⁾Diluted loss per share amount cannot exceed basic loss per share.