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.