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Condensed Consolidated Quarterly Results (Unaudited)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Condensed Consolidated Quarterly Results (Unaudited)
Condensed Consolidated Quarterly Results (Unaudited)
The following quarterly financial information was derived from the Company’s interim financial statements and was prepared in a manner consistent with the annual financial statements and includes all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation.
 
2014
 
2013
(in thousands, except per share data)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Revenues:
$
285,641

 
$
256,391

 
$
299,802

 
$
223,155

 
$
285,159

 
$
246,180

 
$
220,167

 
$
201,842

Operating income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ongoing operations(1)
$
13,361

 
$
14,136

 
$
33,013

 
$
(644
)
 
$
13,595

 
$
11,455

 
$
18,723

 
$
(1,862
)
Corporate activities
(2,039
)
 
(1,991
)
 
(3,468
)
 
(6,850
)
 
(806
)
 
(1,167
)
 
(2,034
)
 
(2,748
)
Restructuring (charges) recoveries
(211
)
 
(1,369
)
 
(234
)
 
177

 
(720
)
 
(773
)
 
(639
)
 
(1,661
)
Impairment charges
—

 
(884
)
 
—

 
—

 
—

 
—

 
(3,049
)
 
—

Operating income (loss)
$
11,111

 
$
9,892

 
$
29,311

 
$
(7,317
)
 
$
12,069

 
$
9,515

 
$
13,001

 
$
(6,271
)
Income (loss) from continuing operations attributable to Viad(2)
$
9,312

 
$
7,978

 
$
30,755

 
$
(7,255
)
 
$
8,453

 
$
6,516

 
$
8,871

 
$
(4,403
)
Net income (loss) attributable to Viad(2)
$
21,882

 
$
6,742

 
$
29,620

 
$
(5,889
)
 
$
8,065

 
$
6,253

 
$
11,855

 
$
(4,618
)
Income (loss) per common share-Diluted(2),(3):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Viad
$
0.46

 
$
0.39

 
$
1.53

 
$
(0.37
)
 
$
0.42

 
$
0.32

 
$
0.44

 
$
(0.22
)
Net income (loss) attributable to Viad
$
1.08

 
$
0.33

 
$
1.48

 
$
(0.30
)
 
$
0.40

 
$
0.31

 
$
0.58

 
$
(0.23
)
Income (loss) per common share-Basic(2),(3):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Viad
$
0.46

 
$
0.39

 
$
1.53

 
$
(0.37
)
 
$
0.42

 
$
0.32

 
$
0.44

 
$
(0.22
)
Net income (loss) attributable to Viad
$
1.08

 
$
0.33

 
$
1.48

 
$
(0.30
)
 
$
0.40

 
$
0.31

 
$
0.58

 
$
(0.23
)
(1) Represents revenues less costs of services and products sold.
(2) Includes $10.9 million benefit associated with the 2014 third quarter release of the valuation allowance relating to foreign income tax credits.
(3) The sum of quarterly income per share amounts may not equal annual income per share due to rounding.