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v3.20.1

Revenue and Related Contract Costs and Contract Liabilities (Tables) | 3 Months Ended
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Mar. 31, 2020
Revenue From Contract With Customer [Abstract] |
Summary of Changes in Contract Liabilities | Changes to contract liabilities are as follows:
(in thousands) |  |  |  |
Balance at December 31, 2019 |  | $ | 50,796 |
Cash additions |  |  | 53,284 |
Revenue recognized |  |  | (64,430 | )
Foreign exchange translation adjustment |  |  | (1,482 | )
Balance at March 31, 2020 |  | $ | 38,168 |
Summary of Changes in Contract Costs | Changes to contract costs are as follows:
(in thousands) |  |  |  |
Balance at December 31, 2019 |  | $ | 28,496 |
Additions |  |  | 11,672 |
Expenses |  |  | (17,679 | )
Cancelled |  |  | (2,086 | )
Foreign exchange translation adjustment |  |  | (644 | )
Balance at March 31, 2020 |  | $ | 19,759 |
Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served | The following tables disaggregate GES and Pursuit revenue by major product line, timing of revenue recognition, and markets served: GES
|  | Three Months Ended March 31, 2020 |
(in thousands) |  | GES North America |  |  | GES EMEA |  |  | Intersegment Eliminations |  |  | Total |
Services: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core services |  | $ | 210,183 |  |  | $ | 26,503 |  |  | $ | — |  |  | $ | 236,686 |
Audio-visual |  |  | 17,430 |  |  |  | 4,034 |  |  |  | — |  |  |  | 21,464 |
Event technology |  |  | 5,554 |  |  |  | 2,861 |  |  |  | — |  |  |  | 8,415 |
Intersegment eliminations |  |  | — |  |  |  | — |  |  |  | (1,989 | ) |  |  | (1,989 | )
Total services |  |  | 233,167 |  |  |  | 33,398 |  |  |  | (1,989 | ) |  |  | 264,576 |
Products: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core products |  |  | 18,591 |  |  |  | 9,318 |  |  |  | — |  |  |  | 27,909 |
Total revenue |  | $ | 251,758 |  |  | $ | 42,716 |  |  | $ | (1,989 | ) |  | $ | 292,485 |
Timing of revenue recognition: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Services transferred over time |  | $ | 233,167 |  |  | $ | 33,398 |  |  | $ | (1,989 | ) |  | $ | 264,576 |
Products transferred over time(1) |  |  | 10,577 |  |  |  | 2,450 |  |  |  | — |  |  |  | 13,027 |
Products transferred at a point in time |  |  | 8,014 |  |  |  | 6,868 |  |  |  | — |  |  |  | 14,882 |
Total revenue |  | $ | 251,758 |  |  | $ | 42,716 |  |  | $ | (1,989 | ) |  | $ | 292,485 |
Markets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Exhibitions |  | $ | 184,358 |  |  | $ | 32,547 |  |  | $ | — |  |  | $ | 216,905 |
Conferences |  |  | 35,890 |  |  |  | 4,807 |  |  |  | — |  |  |  | 40,697 |
Corporate events |  |  | 26,964 |  |  |  | 5,154 |  |  |  | — |  |  |  | 32,118 |
Consumer events |  |  | 4,546 |  |  |  | 208 |  |  |  | — |  |  |  | 4,754 |
Intersegment eliminations |  |  | — |  |  |  | — |  |  |  | (1,989 | ) |  |  | (1,989 | )
Total revenue |  | $ | 251,758 |  |  | $ | 42,716 |  |  | $ | (1,989 | ) |  | $ | 292,485 |
(1) | GES’ graphics product revenue is earned over time over the duration of the event as it is considered a part of the single performance obligation satisfied over time.
|  | Three Months Ended March 31, 2019 |
(in thousands) |  | GES North America |  |  | GES EMEA |  |  | Intersegment Eliminations |  |  | Total |
Services: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core services |  | $ | 179,873 |  |  | $ | 31,063 |  |  | $ | — |  |  | $ | 210,936 |
Audio-visual |  |  | 18,406 |  |  |  | 3,888 |  |  |  | — |  |  |  | 22,294 |
Event technology |  |  | 8,763 |  |  |  | 2,953 |  |  |  | — |  |  |  | 11,716 |
Intersegment eliminations |  |  | — |  |  |  | — |  |  |  | (2,690 | ) |  |  | (2,690 | )
Total services |  |  | 207,042 |  |  |  | 37,904 |  |  |  | (2,690 | ) |  |  | 242,256 |
Products: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core products |  |  | 16,199 |  |  |  | 16,472 |  |  |  | — |  |  |  | 32,671 |
Total revenue |  | $ | 223,241 |  |  | $ | 54,376 |  |  | $ | (2,690 | ) |  | $ | 274,927 |
Timing of revenue recognition: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Services transferred over time |  | $ | 207,042 |  |  | $ | 37,904 |  |  | $ | (2,690 | ) |  | $ | 242,256 |
Products transferred over time(1) |  |  | 11,269 |  |  |  | 3,479 |  |  |  | — |  |  |  | 14,748 |
Products transferred at a point in time |  |  | 4,930 |  |  |  | 12,993 |  |  |  | — |  |  |  | 17,923 |
Total revenue |  | $ | 223,241 |  |  | $ | 54,376 |  |  | $ | (2,690 | ) |  | $ | 274,927 |
Markets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Exhibitions |  | $ | 136,429 |  |  | $ | 45,655 |  |  | $ | — |  |  | $ | 182,084 |
Conferences |  |  | 47,862 |  |  |  | 2,982 |  |  |  | — |  |  |  | 50,844 |
Corporate events |  |  | 32,787 |  |  |  | 5,545 |  |  |  | — |  |  |  | 38,332 |
Consumer events |  |  | 6,163 |  |  |  | 194 |  |  |  | — |  |  |  | 6,357 |
Intersegment eliminations |  |  | — |  |  |  | — |  |  |  | (2,690 | ) |  |  | (2,690 | )
Total revenue |  | $ | 223,241 |  |  | $ | 54,376 |  |  | $ | (2,690 | ) |  | $ | 274,927 |
(1) | GES’ graphics product revenue is earned over time over the duration of an event as it is considered a part of the single performance obligation satisfied over time.
Pursuit
|  | Three Months Ended |
|  | March 31, |
(in thousands) |  | 2020 |  |  | 2019 |
Services: |  |  |  |  |  |  |  |
Admissions |  | $ | 4,102 |  |  | $ | 3,525 |
Accommodations |  |  | 4,517 |  |  |  | 2,418 |
Transportation |  |  | 2,056 |  |  |  | 1,995 |
Travel planning |  |  | 416 |  |  |  | 632 |
Intersegment eliminations |  |  | (111 | ) |  |  | (185 | )
Total services revenue |  |  | 10,980 |  |  |  | 8,385 |
Products: |  |  |  |  |  |  |  |
Food and beverage |  |  | 1,649 |  |  |  | 1,364 |
Retail operations |  |  | 894 |  |  |  | 918 |
Total products revenue |  |  | 2,543 |  |  |  | 2,282 |
Total revenue |  | $ | 13,523 |  |  | $ | 10,667 |
Timing of revenue recognition: |  |  |  |  |  |  |  |
Services transferred over time |  | $ | 10,980 |  |  | $ | 8,385 |
Products transferred at a point in time |  |  | 2,543 |  |  |  | 2,282 |
Total revenue |  | $ | 13,523 |  |  | $ | 10,667 |
Markets: |  |  |  |  |  |  |  |
Banff Jasper Collection |  | $ | 9,799 |  |  | $ | 7,870 |
Alaska Collection |  |  | 151 |  |  |  | 180 |
Glacier Park Collection |  |  | 723 |  |  |  | 823 |
FlyOver |  |  | 2,850 |  |  |  | 1,794 |
Total revenue |  | $ | 13,523 |  |  | $ | 10,667 |

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