XML 31 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 362,488 $ 358,163 $ 1,050,361 $ 999,268
Costs and expenses:        
Business interruption gain   (35) (141) (602)
Corporate activities 2,680 3,777 7,795 8,529
Interest income (79) (101) (260) (238)
Interest expense 3,740 2,608 9,612 7,031
Multi-employer pension plan withdrawal     15,508  
Other expense 281 527 1,192 1,308
Restructuring charges 1,702 175 6,845 999
Legal settlement     8,500  
Impairment recoveries       (35)
Total costs and expenses 315,990 308,563 1,009,384 932,296
Income from continuing operations before income taxes 46,498 49,600 40,977 66,972
Income tax expense 11,891 10,806 10,861 15,282
Income from continuing operations 34,607 38,794 30,116 51,690
Income (loss) from discontinued operations (141) (246) 32 403
Net income 34,466 38,548 30,148 52,093
Net income attributable to non-redeemable noncontrolling interest (3,418) (1,287) (3,329) (890)
Net loss attributable to redeemable noncontrolling interest 368 128 644 289
Net income attributable to Viad $ 31,416 $ 37,389 $ 27,463 $ 51,492
Diluted income per common share:        
Continuing operations attributable to Viad common stockholders $ 1.54 $ 1.84 $ 1.33 $ 2.49
Discontinued operations attributable to Viad common stockholders (0.01) (0.01)   0.02
Net income attributable to Viad common stockholders $ 1.53 $ 1.83 $ 1.33 $ 2.51
Weighted-average outstanding and potentially dilutive common shares 20,311 20,387 20,267 20,427
Basic income per common share:        
Continuing operations attributable to Viad common stockholders $ 1.54 $ 1.85 $ 1.33 $ 2.50
Discontinued operations attributable to Viad common stockholders (0.01) (0.01)   0.02
Net income attributable to Viad common stockholders $ 1.53 $ 1.84 $ 1.33 $ 2.52
Weighted-average outstanding common shares 20,168 20,145 20,129 20,187
Dividends declared per common share $ 0.10 $ 0.10 $ 0.30 $ 0.30
Amounts attributable to Viad common stockholders        
Income from continuing operations $ 31,557 $ 37,635 $ 27,431 $ 51,089
Income (loss) from discontinued operations (141) (246) 32 403
Net income attributable to Viad 31,416 37,389 27,463 51,492
Services        
Revenue:        
Total revenue 300,446 300,087 898,746 860,358
Costs and expenses:        
Costs and expenses 256,296 254,638 825,806 792,775
Products        
Revenue:        
Total revenue 62,042 58,076 151,615 138,910
Costs and expenses:        
Costs and expenses $ 51,370 $ 46,974 $ 134,527 $ 122,529