Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2015

Reconciliation of Stockholders' Equity to Noncontrolling Interests

The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the noncontrolling interest for the three months ended March 31, 2015 and 2014:



(in thousands)	Total Viad Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2014	$	335,387		$	12,315		$	347,702
Net loss	(2,056		)	(64		)	(2,120		)
Dividends on common stock	(2,000		)	—			(2,000		)
Common stock purchased for treasury	(4,702		)	—			(4,702		)
Employee benefit plans	1,786			—			1,786
Unrealized foreign currency translation adjustment	(17,579		)	—			(17,579		)
Tax benefits from share-based compensation	283			—			283
Other changes to accumulated other comprehensive income	241			—			241
Other	(97		)	—			(97		)
Balance at March 31, 2015	$	311,263		$	12,251		$	323,514



(in thousands)	Total Viad Stockholders’ Equity			Noncontrolling Interest		Total Stockholders’ Equity
Balance at December 31, 2013	$	347,441		$	9,102	$	356,543
Net income	21,882			2,537		24,419
Dividends on common stock	(32,517		)	—		(32,517		)
Common stock purchased for treasury	(1,042		)	—		(1,042		)
Employee benefit plans	2,052			—		2,052
Unrealized foreign currency translation adjustment	(6,733		)	—		(6,733		)
ESOP allocation adjustment	44			—		44
Other	46			1		47
Balance at March 31, 2014	$	331,173		$	11,640	$	342,813

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (“AOCI”) by component were as follows:



(in thousands)	Unrealized Gains on Investments			Cumulative Foreign Currency Translation Adjustments			Unrecognized Net Actuarial Loss and Prior Service Credit, Net			Accumulated Other Comprehensive Income
Balance at December 31, 2014	$	471		$	12,415		$	(13,280	)	$	(394	)
Other comprehensive income (loss) before reclassifications	177			(17,579		)	—			(17,402		)
Amounts reclassified from AOCI, net of tax	(17		)	—			(114		)	(131		)
Net other comprehensive income (loss)	160			(17,579		)	(114		)	(17,533		)
Balance at March 31, 2015	$	631		$	(5,164	)	$	(13,394	)	$	(17,927	)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents information about reclassification adjustments out of AOCI for the three months ended March 31:



							Affected Line Item in the Statement Where Net Income is Presented
(in thousands)	2015			2014
Unrealized gains on investments	$	27		$	21		Interest income
Tax effect	(10		)	(8		)	Income taxes
	$	17		$	13

Recognized net actuarial loss⁽¹⁾	$	(75	)	$	(205	)
Amortization of prior service credit⁽¹⁾	139			148
Tax effect	50			21			Income taxes
	$	114		$	(36	)

⁽¹⁾ Amount included in pension expense. Refer to Note 16, Pension and Postretirement Benefits.