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Revenue and Related Contract Costs and Contract Liabilities (Tables)

6 Months Ended

Jun. 30, 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			95,966
Revenue recognized			(117,844	)
Foreign exchange translation adjustment			(1,194	)
Balance at June 30, 2020		$	27,724

Summary of Changes in Contract Costs

Changes to contract costs are as follows:

(in thousands)
Balance at December 31, 2019		$	28,496
Additions			13,988
Expenses			(21,299	)
Cancelled			(8,022	)
Foreign exchange translation adjustment			(604	)
Balance at June 30, 2020		$	12,559

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 June 30, 2020
(in thousands)		GES North America				GES EMEA				Intersegment Eliminations				Total
Services:
Core services		$	16,122			$	6,046			$	—			$	22,168
Audio-visual			298				132				—				430
Event technology			1,109				274				—				1,383
Intersegment eliminations			—				—				(985	)			(985	)
Total services			17,529				6,452				(985	)			22,996
Products:
Core products			1,247				1,356				—				2,603
Total revenue		$	18,776			$	7,808			$	(985	)		$	25,599
Timing of revenue recognition:
Services transferred over time		$	17,529			$	6,452			$	(985	)		$	22,996
Products transferred over time(1)			226				(58	)			—				168
Products transferred at a point in time			1,021				1,414				—				2,435
Total revenue		$	18,776			$	7,808			$	(985	)		$	25,599
Markets:
Exhibitions		$	11,404			$	4,775			$	—			$	16,179
Conferences			7,798				2,835				—				10,633
Corporate events			(310	)			254				—				(56	)
Consumer events			(116	)			(56	)			—				(172	)
Intersegment eliminations			—				—				(985	)			(985	)
Total revenue		$	18,776			$	7,808			$	(985	)		$	25,599

⁽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.

		Six Months Ended June 30, 2020
(in thousands)		GES North America				GES EMEA				Intersegment Eliminations				Total
Services:
Core services		$	226,305			$	32,549			$	—			$	258,854
Audio-visual			17,728				4,166				—				21,894
Event technology			6,663				3,135				—				9,798
Intersegment eliminations			—				—				(2,974	)			(2,974	)
Total services			250,696				39,850				(2,974	)			287,572
Products:
Core products			19,838				10,674				—				30,512
Total revenue		$	270,534			$	50,524			$	(2,974	)		$	318,084
Timing of revenue recognition:
Services transferred over time		$	250,696			$	39,850			$	(2,974	)		$	287,572
Products transferred over time(1)			10,803				2,392				—				13,195
Products transferred at a point in time			9,035				8,282				—				17,317
Total revenue		$	270,534			$	50,524			$	(2,974	)		$	318,084
Markets:
Exhibitions		$	195,762			$	37,322			$	—			$	233,084
Conferences			43,688				7,642				—				51,330
Corporate events			26,654				5,408				—				32,062
Consumer events			4,430				152				—				4,582
Intersegment eliminations			—				—				(2,974	)			(2,974	)
Total revenue		$	270,534			$	50,524			$	(2,974	)		$	318,084

⁽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 June 30, 2019
(in thousands)		GES North America				GES EMEA				Intersegment Eliminations				Total
Services:
Core services		$	228,112			$	41,821			$	—			$	269,933
Audio-visual			24,175				6,881				—				31,056
Event technology			9,845				2,134				—				11,979
Intersegment eliminations			—				—				(6,317	)			(6,317	)
Total services			262,132				50,836				(6,317	)			306,651
Products:
Core products			21,550				18,669				—				40,219
Total revenue		$	283,682			$	69,505			$	(6,317	)		$	346,870
Timing of revenue recognition:
Services transferred over time		$	262,132			$	50,836			$	(6,317	)		$	306,651
Products transferred over time(1)			11,774				4,811				—				16,585
Products transferred at a point in time			9,776				13,858				—				23,634
Total revenue		$	283,682			$	69,505			$	(6,317	)		$	346,870
Markets:
Exhibitions		$	138,887			$	49,293			$	—			$	188,180
Conferences			105,455				10,870				—				116,325
Corporate events			29,868				8,772				—				38,640
Consumer events			9,472				570				—				10,042
Intersegment eliminations			—				—				(6,317	)			(6,317	)
Total revenue		$	283,682			$	69,505			$	(6,317	)		$	346,870

⁽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.

		Six Months Ended June 30, 2019
(in thousands)		GES North America				GES EMEA				Intersegment Eliminations				Total
Services:
Core services		$	407,985			$	72,884			$	—			$	480,869
Audio-visual			42,581				10,769				—				53,350
Event technology			18,608				5,087				—				23,695
Intersegment eliminations			—				—				(9,007	)			(9,007	)
Total services			469,174				88,740				(9,007	)			548,907
Products:
Core products			37,749				35,141				—				72,890
Total revenue		$	506,923			$	123,881			$	(9,007	)		$	621,797
Timing of revenue recognition:
Services transferred over time		$	469,174			$	88,740			$	(9,007	)		$	548,907
Products transferred over time(1)			23,043				8,290				—				31,333
Products transferred at a point in time			14,706				26,851				—				41,557
Total revenue		$	506,923			$	123,881			$	(9,007	)		$	621,797
Markets:
Exhibitions		$	275,316			$	94,948			$	—			$	370,264
Conferences			153,317				13,852				—				167,169
Corporate events			62,655				14,317				—				76,972
Consumer events			15,635				764				—				16,399
Intersegment eliminations			—				—				(9,007	)			(9,007	)
Total revenue		$	506,923			$	123,881			$	(9,007	)		$	621,797

⁽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								Six Months Ended
		June 30,								June 30,
(in thousands)		2020				2019				2020				2019
Services:
Admissions		$	1,534			$	23,156			$	5,636			$	26,681
Accommodations			1,456				12,926				5,973				15,344
Transportation			12				3,954				2,068				5,949
Travel planning			213				1,471				629				2,103
Intersegment eliminations			(6	)			(499	)			(117	)			(684	)
Total services revenue			3,209				41,008				14,189				49,393
Products:
Food and beverage			615				8,206				2,264				9,570
Retail operations			1,440				6,195				2,334				7,113
Total products revenue			2,055				14,401				4,598				16,683
Total revenue		$	5,264			$	55,409			$	18,787			$	66,076
Timing of revenue recognition:
Services transferred over time		$	3,209			$	41,008			$	14,189			$	49,393
Products transferred at a point in time			2,055				14,401				4,598				16,683
Total revenue		$	5,264			$	55,409			$	18,787			$	66,076
Markets:
Banff Jasper Collection		$	3,040			$	33,226			$	12,839			$	41,096
Alaska Collection			580				12,198				731				12,378
Glacier Park Collection			1,161				7,375				1,884				8,198
FlyOver			483				2,610				3,333				4,404
Total revenue		$	5,264			$	55,409			$	18,787			$	66,076

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 340
-SubTopic 40
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=68051541&loc=SL49131252-203054

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Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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