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v3.23.1

Revenue and Related Contract Costs and Contract Liabilities (Tables) | 3 Months Ended
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Mar. 31, 2023
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, 2022 |  | $ | 44,757 |
Cash additions |  |  | 46,143 |
Revenue recognized |  |  | (27,321 | )
Foreign exchange translation adjustment |  |  | (1,653 | )
Balance at March 31, 2023 |  | $ | 61,926 |
Summary of Changes in Contract Costs | Changes to contract costs are as follows:
(in thousands) |  |  |
Balance at December 31, 2022 |  | $ | 16,568 |
Additions |  |  | 16,848 |
Expenses |  |  | (9,805 | )
Foreign exchange translation adjustment |  |  | 112 |
Balance at March 31, 2023 |  | $ | 23,723 |
Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served | The following tables disaggregate Pursuit and GES revenue by major service and product lines, timing of revenue recognition, and markets served: Pursuit
|  | Three Months Ended |
|  | March 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Services: |  |  |  |  |  |
Ticket revenue |  | $ | 14,261 |  |  | $ | 9,202 |
Rooms revenue |  |  | 7,590 |  |  |  | 6,903 |
Transportation |  |  | 1,945 |  |  |  | 1,179 |
Other |  |  | 1,367 |  |  |  | 1,370 |
Total services revenue |  |  | 25,163 |  |  |  | 18,654 |
Products: |  |  |  |  |  |
Food and beverage |  |  | 5,875 |  |  |  | 4,093 |
Retail operations |  |  | 1,625 |  |  |  | 1,037 |
Total products revenue |  |  | 7,500 |  |  |  | 5,130 |
Total revenue |  | $ | 32,663 |  |  | $ | 23,784 |
Timing of revenue recognition: |  |  |  |  |  |
Services transferred over time |  | $ | 25,163 |  |  | $ | 18,654 |
Products transferred at a point in time |  |  | 7,500 |  |  |  | 5,130 |
Total revenue |  | $ | 32,663 |  |  | $ | 23,784 |
Markets: |  |  |  |  |  |
Banff Jasper Collection |  | $ | 17,614 |  |  | $ | 14,330 |
Alaska Collection |  |  | 453 |  |  |  | 497 |
Glacier Park Collection |  |  | 1,455 |  |  |  | 1,009 |
FlyOver |  |  | 5,855 |  |  |  | 4,139 |
Sky Lagoon |  |  | 7,286 |  |  |  | 3,809 |
Total revenue |  | $ | 32,663 |  |  | $ | 23,784 |
GES
|  | Three Months Ended |
|  | March 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Service lines: |  |  |  |  |  |
Spiro |  | $ | 60,362 |  |  | $ | 42,816 |
GES Exhibitions |  |  | 169,497 |  |  |  | 111,831 |
Intersegment eliminations |  |  | (1,731 | ) |  |  | (1,071 | )
Total revenue |  | $ | 228,128 |  |  | $ | 153,576 |
Timing of revenue recognition: |  |  |  |  |  |
Services transferred over time |  | $ | 192,977 |  |  | $ | 132,483 |
Products transferred over time(1) |  |  | 12,941 |  |  |  | 7,938 |
Products transferred at a point in time |  |  | 22,210 |  |  |  | 13,155 |
Total revenue |  | $ | 228,128 |  |  | $ | 153,576 |
Geographical markets: |  |  |  |  |  |
North America |  | $ | 180,839 |  |  | $ | 129,027 |
EMEA |  |  | 49,537 |  |  |  | 25,813 |
Intersegment eliminations |  |  | (2,248 | ) |  |  | (1,264 | )
Total revenue |  | $ | 228,128 |  |  | $ | 153,576 |
(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.

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- Definition 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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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