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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Loss Per Share

The components of basic and diluted loss per share are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net loss attributable to Viad (diluted)

 

$

(42,026

)

 

$

(206,278

)

 

$

(85,178

)

 

$

(292,863

)

Convertible preferred stock dividends

 

 

(1,923

)

 

 

 

 

 

(3,821

)

 

 

 

Adjustment to the redemption value of redeemable noncontrolling interest

 

 

(547

)

 

 

(332

)

 

 

(603

)

 

 

(458

)

Net loss allocated to Viad common stockholders (basic)

 

$

(44,496

)

 

$

(206,610

)

 

$

(89,602

)

 

$

(293,321

)

Basic weighted-average outstanding common shares

 

 

20,397

 

 

 

20,282

 

 

 

20,384

 

 

 

20,249

 

Diluted weighted-average outstanding shares

 

 

20,397

 

 

 

20,282

 

 

 

20,384

 

 

 

20,249

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic loss attributable to Viad common stockholders

 

$

(2.18

)

 

$

(10.19

)

 

$

(4.40

)

 

$

(14.49

)

Diluted loss attributable to Viad common stockholders(1)

 

$

(2.18

)

 

$

(10.19

)

 

$

(4.40

)

 

$

(14.49

)

 

(1)

Diluted loss per share amount cannot exceed basic loss per share.

Schedule of Excluded Weighted-Average Potential Common Shares from Calculations of Diluted Net Income (Loss) Per Common Shares

We excluded the following weighted-average potential common shares from the calculations of diluted net loss per common share during the applicable periods because their inclusion would have been anti-dilutive:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

2020

 

Convertible preferred stock (as if converted to common stock)

 

 

6,583

 

 

 

 

 

 

6,539

 

 

 

Unvested restricted share-based awards

 

 

161

 

 

 

96

 

 

 

172

 

 

90

 

Unvested performance share-based awards

 

 

34

 

 

 

 

 

 

23

 

 

 

Stock options

 

 

250

 

 

 

 

 

 

204

 

 

8