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Stockholders' Equity
6 Months Ended
Jun. 30, 2011
Stockholders' Equity [Abstract]  
Stockholders' Equity
Note 9. Stockholders’ Equity
The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the noncontrolling interest for the six months ended June 30, 2011:
                         
    Total Viad             Total  
    Stockholders’     Noncontrolling     Stockholders’  
    Equity     Interest     Equity  
    (in thousands)  
 
Balance at January 1, 2011
  $ 378,959     $ 7,752     $ 386,711  
Net income (loss)
    14,272       (363 )     13,909  
Dividends on common stock
    (1,630 )           (1,630 )
Common stock purchased for treasury
    (679 )           (679 )
Employee benefit plans
    1,931             1,931  
Unrealized foreign currency translation adjustment
    5,612             5,612  
Unrealized gain on investments
    61             61  
Prior service credit and net actuarial loss
    13             13  
ESOP allocation adjustment
    620             620  
Other
    9             9  
 
                 
Balance at June 30, 2011
  $ 399,168     $ 7,389     $ 406,557  
 
                 
The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the noncontrolling interest for the six months ended June 30, 2010:
                         
    Total Viad             Total  
    Stockholders’     Noncontrolling     Stockholders’  
    Equity     Interest     Equity  
    (in thousands)  
 
Balance at January 1, 2010
  $ 377,515     $ 7,116     $ 384,631  
Net income (loss)
    46       (216 )     (170 )
Dividends on common stock
    (1,644 )           (1,644 )
Common stock purchased for treasury
    (573 )           (573 )
Employee benefit plans
    1,708             1,708  
Unrealized foreign currency translation adjustment
    (3,910 )           (3,910 )
Unrealized loss on investments
    (19 )           (19 )
Prior service credit and net actuarial loss
    (1,666 )           (1,666 )
ESOP allocation adjustment
    750             750  
Other
    6             6  
 
                 
Balance at June 30, 2010
  $ 372,213     $ 6,900     $ 379,113  
 
                 
Viad has announced its intent to repurchase shares of the Company’s common stock from time to time at prevailing market prices. No shares were repurchased during the six months ended June 30, 2011 or 2010. As of June 30, 2011, 304,381 shares remain available for repurchase. Subsequent to June 30, 2011 and prior to the filing of this quarterly report, during the period from August 5, 2011 through August 8, 2011, Viad repurchased an additional 28,900 shares for $528,000. Additionally, during the six months ended June 30, 2011 and 2010, the Company repurchased 28,627 shares for $679,000 and 28,407 shares for $573,000, respectively, related to tax withholding requirements on share-based awards.