Acquisition of Business

3 Months Ended

Mar. 31, 2014

Business Combinations [Abstract]

Acquisition of Businesses

Acquisition of Business

In February 2013, Viad acquired the assets of Resource Creative Limited (“RCL”) for $647,000 in cash. RCL is a United Kingdom-based company specializing in providing creative graphic services to the exhibition, events and retail markets throughout the United Kingdom and continental Europe. The purchase price is subject to certain adjustments, plus a deferred payment of up to approximately £180,000, which is contingent upon RCL’s achievement of certain net revenue targets between the acquisition date and December 31, 2014. RCL exceeded the first net revenue target for the period ended December 31, 2013 and, consequently, a deferred payment installment in the amount of $147,000 (£90,000) was paid in March 2014.