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Acquisition of Businesses (Tables) | 9 Months Ended
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Sep. 30, 2017
Business Combinations [Abstract] |
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”) (acquired March 2016), the business of ON Event Services, LLC (“ON Services”) (acquired August 2016), and FlyOver Canada (acquired December 2016) had been completed on January 1, 2016:
|  | Three Months Ended |  |  | Nine Months Ended |
(in thousands, except per share data) |  | September 30, 2016 |  |  | September 30, 2016 |
Revenue |  | $ | 389,877 |  |  | $ | 991,818 |
Depreciation and amortization |  | $ | 14,427 |  |  | $ | 39,565 |
Income from continuing operations |  | $ | 35,047 |  |  | $ | 47,734 |
Net income attributable to Viad |  | $ | 33,834 |  |  | $ | 46,198 |
Diluted income per share |  | $ | 1.67 |  |  | $ | 2.28 |
Basic income per share |  | $ | 1.67 |  |  | $ | 2.28 |

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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=65885119&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=73530397&loc=d3e4845-128472 + Details
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