XML 70 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Exhibition and event services $ 152,664 $ 188,005 $ 603,530 $ 605,274
Exhibits and environments 36,199 38,657 128,830 125,797
Travel and recreation services 67,083 73,140 105,017 110,763
Total revenue 255,946 299,802 837,377 841,834
Costs and expenses:        
Costs of services 205,227 228,285 667,356 658,502
Costs of products sold 36,148 38,503 120,289 122,821
Corporate activities 1,354 3,468 6,147 7,498
Interest income (65) (81) (571) (200)
Interest expense 1,198 462 3,452 1,069
Restructuring charges 257 238 1,542 1,814
Impairment charges 0 0 0 884
Total costs and expenses 244,119 270,875 798,215 792,388
Income from continuing operations before income taxes 11,827 28,927 39,162 49,446
Income tax expense (benefit) 3,746 (2,623) 10,851 870
Income from continuing operations 8,081 31,550 28,311 48,576
Income (loss) from discontinued operations (163) (979) (233) 13,023
Net income 7,918 30,571 28,078 61,599
Net income attributable to noncontrolling interest (688) (951) (515) (3,355)
Net income attributable to Viad $ 7,230 $ 29,620 $ 27,563 $ 58,244
Diluted income (loss) per common share:        
Income from continuing operations attributable to Viad common stockholders (USD per share) $ 0.37 $ 1.53 $ 1.38 $ 2.38
Income from discontinued operations attributable to Viad common stockholders (USD per share) (0.01) (0.05) (0.01) 0.50
Net income attributable to Viad common stockholders (USD per share) $ 0.36 $ 1.48 $ 1.37 [1] $ 2.88 [1]
Weighted-average outstanding and potentially dilutive common shares (shares) 19,974 19,954 19,946 20,174
Basic income (loss) per common share:        
Income from continuing operations attributable to Viad common stockholders (USD per share) $ 0.37 $ 1.53 $ 1.38 $ 2.38
Income from discontinued operations attributable to Viad common stockholders (USD per share) (0.01) (0.05) (0.01) 0.50
Net income attributable to Viad common stockholders (USD per share) $ 0.36 $ 1.48 $ 1.37 $ 2.88
Weighted-average outstanding common shares (shares) 19,831 19,679 19,782 19,832
Dividends declared per common share (USD per share) $ 0.1 $ 0.1 $ 0.3 $ 1.8
Amounts attributable to Viad common stockholders        
Income from continuing operations $ 7,393 $ 30,756 $ 27,796 $ 48,046
Income (loss) from discontinued operations (163) (1,136) (233) 10,198
Net income attributable to Viad $ 7,230 $ 29,620 $ 27,563 $ 58,244
[1] Diluted income per share amount cannot exceed basic income per share.