Three Months Ended

Six Months Ended

June 30,

June 30,

(in thousands, except per share data)

2022

2021

2022

2021

Net income (loss) attributable to Viad

$

19,839

$

(42,026

)

$

(9,162

)

$

(85,178

)

Less: Allocation to participating securities

(4,293

)

—

—

—

Convertible preferred stock dividends paid in cash

(1,950

)

—

(3,900

)

—

Convertible preferred stock dividends paid in kind

—

(1,923

)

—

(3,821

)

Adjustment to the redemption value of redeemable noncontrolling interest

(412

)

(547

)

(763

)

(603

)

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

$

13,184

$

(44,496

)

$

(13,825

)

$

(89,602

)

Add: Allocation to participating securities

25

—

—

—

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

$

13,209

$

(44,496

)

$

(13,825

)

$

(89,602

)

Basic weighted-average outstanding common shares

20,571

20,397

20,544

20,384

Additional dilutive shares related to share-based compensation

160

—

—

—

Diluted weighted-average outstanding shares

20,731

20,397

20,544

20,384

Income (loss) per share:

Basic income (loss) attributable to Viad common stockholders

$

0.64

$

(2.18

)

$

(0.67

)

$

(4.40

)

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

$

0.64

$

(2.18

)

$

(0.67

)

$

(4.40

)