Three Months Ended

Nine Months Ended

September 30,

(in thousands, except per share data)

2021

2020

2021

2020

Net income (loss) attributable to Viad (diluted)

$

15,067

$

(30,758

)

$

(70,111

)

$

(323,621

)

Less: Allocation to participating securities

(3,141

)

—

Convertible preferred stock dividends paid in cash

(1,950

)

—

(1,950

)

—

Convertible preferred stock dividends paid in kind

—

(1,134

)

(3,821

)

(1,134

)

Adjustment to the redemption value of redeemable noncontrolling interest

(488

)

(468

)

(1,091

)

(926

)

Net income (loss) allocated to Viad common stockholders (basic)

$

9,488

$

(32,360

)

$

(76,973

)

$

(325,681

)

Add: Allocation to participating securities

36

—

Net income (loss) allocated to Viad common stockholders (diluted)

$

9,524

$

(32,360

)

$

(76,973

)

$

(325,681

)

Basic weighted-average outstanding common shares

20,420

20,293

20,396

20,263

Additional dilutive shares related to share-based compensation

322

—

Diluted weighted-average outstanding shares

20,742

20,293

20,396

20,263

Income (loss) per share:

Basic income (loss) attributable to Viad common stockholders

$

0.46

$

(1.59

)

$

(3.77

)

$

(16.07

)

Diluted income (loss) attributable to Viad common stockholders(1)

$

0.46

$

(1.59

)

$

(3.77

)

$

(16.07

)