XML 59 R48.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Segment Reporting [Abstract] |
Reconciliation of income statement items from reportable segments | Our reportable segments, with reconciliations to consolidated totals, are as follows:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(in thousands) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 191,699 |  |  | $ | 184,761 |  |  | $ | 636,806 |  |  | $ | 684,003 |
International |  |  | 56,890 |  |  |  | 54,040 |  |  |  | 204,505 |  |  |  | 203,222 |
Intersegment eliminations |  |  | (2,479 | ) |  |  | (6,682 | ) |  |  | (12,173 | ) |  |  | (17,126 | )
Total GES |  |  | 246,110 |  |  |  | 232,119 |  |  |  | 829,138 |  |  |  | 870,099 |
Pursuit |  |  | 112,053 |  |  |  | 106,980 |  |  |  | 170,130 |  |  |  | 159,581 |
Total revenue |  | $ | 358,163 |  |  | $ | 339,099 |  |  | $ | 999,268 |  |  | $ | 1,029,680 |
Segment operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 2,287 |  |  | $ | (2,664 | ) |  | $ | 21,569 |  |  | $ | 40,002 |
International |  |  | (1,127 | ) |  |  | (2,858 | ) |  |  | 9,176 |  |  |  | 8,524 |
Total GES |  |  | 1,160 |  |  |  | (5,522 | ) |  |  | 30,745 |  |  |  | 48,526 |
Pursuit |  |  | 55,408 |  |  |  | 53,860 |  |  |  | 53,770 |  |  |  | 53,523 |
Segment operating income |  |  | 56,568 |  |  |  | 48,338 |  |  |  | 84,515 |  |  |  | 102,049 |
Corporate eliminations (1) |  |  | 18 |  |  |  | 18 |  |  |  | 51 |  |  |  | 50 |
Corporate activities |  |  | (3,777 | ) |  |  | (4,425 | ) |  |  | (8,529 | ) |  |  | (9,886 | )
Operating income |  |  | 52,809 |  |  |  | 43,931 |  |  |  | 76,037 |  |  |  | 92,213 |
Interest income |  |  | 101 |  |  |  | 74 |  |  |  | 238 |  |  |  | 174 |
Interest expense |  |  | (2,608 | ) |  |  | (2,117 | ) |  |  | (7,031 | ) |  |  | (6,281 | )
Other expense (2) |  |  | (527 | ) |  |  | (248 | ) |  |  | (1,308 | ) |  |  | (922 | )
Restructuring recoveries (charges): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GES U.S. |  |  | (162 | ) |  |  | 435 |  |  |  | (402 | ) |  |  | 364 |
GES International |  |  | (13 | ) |  |  | (689 | ) |  |  | (467 | ) |  |  | (1,043 | )
Pursuit |  |  | — |  |  |  | — |  |  |  | (140 | ) |  |  | — |
Corporate |  |  | — |  |  |  | (1 | ) |  |  | 10 |  |  |  | (138 | )
Impairment recoveries: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pursuit |  |  | — |  |  |  | 24,467 |  |  |  | 35 |  |  |  | 29,098 |
Income from continuing operations before income taxes |  | $ | 49,600 |  |  | $ | 65,852 |  |  | $ | 66,972 |  |  | $ | 113,465 |
(1) | Corporate eliminations represent the elimination of depreciation expense recorded by Pursuit associated with previously eliminated intercompany profit realized by GES for renovations to Pursuit’s Banff Gondola.
(2) | We adopted ASU 2017-07 on January 1, 2018, which requires retrospective adoption. As a result, we recorded the nonservice cost component of net periodic benefit cost within other expense for the three and nine months ended September 30, 2018, and we reclassified $0.2 million from operating expenses to other expense for the three months ended September 30, 2017 and $0.9 million for the nine months ended September 30, 2017 to conform with current period presentation. Refer to Note 1 – Overview and Basis of Presentation for additional details on the impact of this adoption on our Condensed Consolidated Statements of Operations.

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration