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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary recording of the fair value allocation of the assets acquired and liabilities assumed as of the date of acquisition. During the year ended December 31, 2019, we made certain purchase accounting measurement period adjustments based on refinements to assumptions used in the preliminary valuation. The purchase price allocation was final as of December 31, 2019.
(in thousands) |  |  |  |  |  |  |  |
Purchase price paid as: |  |  |  |  |  |  |  |
Cash |  |  |  |  |  | $ | 75,837 |
Net working capital adjustment |  |  |  |  |  |  | 18 |
Consideration transferred |  |  |  |  |  |  | 75,855 |
Right to manage |  |  |  |  |  |  | (1,276 | )
Purchase price, net |  |  |  |  |  |  | 74,579 |
Fair value of net assets acquired: |  |  |  |  |  |  |  |
Accounts receivable |  | $ | 333 |  |  |  |  |
Inventories |  |  | 152 |  |  |  |  |
Prepaid expenses |  |  | 276 |  |  |  |  |
Property and equipment |  |  | 103,642 |  |  |  |  |
Intangible assets |  |  | 20,180 |  |  |  |  |
Total assets acquired |  |  | 124,583 |  |  |  |  |
Accounts payable |  |  | 329 |  |  |  |  |
Advanced deposits payable |  |  | 400 |  |  |  |  |
Deferred tax liability |  |  | 19,734 |  |  |  |  |
Other liabilities |  |  | 16 |  |  |  |  |
Total liabilities assumed |  |  | 20,479 |  |  |  |  |
Noncontrolling interest equity |  |  | 49,719 |  |  |  |  |
Total fair value of net assets acquired |  |  |  |  |  |  | 54,385 |
Excess purchase price over fair value of net assets acquired (“goodwill”) |  |  |  |  |  | $ | 20,194 |
Schedule of Proforma Results of Operations | The following table summarizes the unaudited pro forma results of operations attributable to Viad, assuming the Mountain Park Lodges acquisition had been completed on January 1, 2018:
|  | Year Ended December 31, |
(in thousands, except per share data) |  | 2019 |  |  | 2018 |
Revenue |  | $ | 1,379,956 |  |  | $ | 1,323,524 |
Depreciation and amortization |  | $ | 61,597 |  |  | $ | 62,261 |
Income from continuing operations |  | $ | 22,195 |  |  | $ | 48,312 |
Net income attributable to Viad |  | $ | 21,337 |  |  | $ | 49,070 |
Diluted income per share |  | $ | 0.99 |  |  | $ | 2.39 |
Basic income per share |  | $ | 0.99 |  |  | $ | 2.40 |

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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