XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.23.1

Loss Per Share | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Loss Per Share | Note 15. Loss Per Share The components of basic and diluted loss per share are as follows:
|  | Three Months Ended |
|  | March 31, |
(in thousands, except per share data) |  | 2023 |  |  | 2022 |
Net loss attributable to Viad |  | $ | (20,869 | ) |  | $ | (29,001 | )
Less: Allocation to participating securities |  |  | — |  |  |  | — |
Convertible preferred stock dividends paid in cash |  |  | (1,950 | ) |  |  | (1,950 | )
Adjustment to the redemption value of redeemable noncontrolling interest |  |  | — |  |  |  | (351 | )
Net loss allocated to Viad common stockholders (basic) |  | $ | (22,819 | ) |  | $ | (31,302 | )
Add: Allocation to participating securities |  |  | — |  |  |  | — |
Net loss allocated to Viad common stockholders (diluted) |  | $ | (22,819 | ) |  | $ | (31,302 | )
Basic weighted-average outstanding common shares |  |  | 20,751 |  |  |  | 20,518 |
Additional dilutive shares related to share-based compensation |  |  | — |  |  |  | — |
Diluted weighted-average outstanding shares |  |  | 20,751 |  |  |  | 20,518 |
Loss per share: |  |  |  |  |  |
Basic loss attributable to Viad common stockholders |  | $ | (1.10 | ) |  | $ | (1.53 | )
Diluted loss attributable to Viad common stockholders(1) |  | $ | (1.10 | ) |  | $ | (1.53 | )
(1) Diluted loss per share amount cannot exceed basic loss per share. Diluted income (loss) per common share is calculated using the more dilutive of the two-class method or if-converted method. The two-class method uses net income (loss) available to common stockholders and assumes conversion of all potential shares other than the participating securities. The if-converted method uses net income (loss) available to common stockholders and assumes conversion of all potential shares including the participating securities. Dilutive potential common shares include outstanding stock options, unvested restricted share units and convertible preferred stock. We apply the two-class method in calculating income (loss) per common share as unvested share-based payment awards that contain nonforfeitable rights to dividends and preferred stock are considered participating securities. Accordingly, such securities are included in the earnings allocation in calculating income (loss) per share. The adjustment to the carrying value of the redeemable noncontrolling interest is reflected in income (loss) per common share. 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 |
|  | March 31, |
(in thousands) |  | 2023 |  | 2022 |
Convertible preferred stock |  |  | 6,674 |  |  | 6,674 |
Unvested restricted share-based awards |  |  | 225 |  |  | 207 |
Unvested performance share-based awards |  |  | 101 |  |  | 37 |
Stock options |  |  | 378 |  |  | 166 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration