XML 73 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Income (loss) Per Share

The components of basic and diluted income (loss) per share are as follows:

 

 

 

 

 

 

Year Ended December 31,

 

(in thousands, except per share data)

 

2023

 

 

2022

 

 

2021

 

Net income (loss) attributable to Viad

 

$

16,017

 

 

$

23,220

 

 

$

(92,655

)

Less: Allocation to participating securities

 

 

(1,993

)

 

 

(3,600

)

 

 

 

Convertible preferred stock dividends paid in cash

 

 

(7,801

)

 

 

(7,801

)

 

 

(3,900

)

Convertible preferred stock dividends paid in kind

 

 

 

 

 

 

 

 

(3,821

)

Adjustment to the redemption value of redeemable noncontrolling interest

 

 

 

 

 

(763

)

 

 

(1,797

)

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

 

$

6,223

 

 

$

11,056

 

 

$

(102,173

)

Add: Allocation to participating securities

 

 

18

 

 

 

30

 

 

 

 

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

 

$

6,241

 

 

$

11,086

 

 

$

(102,173

)

 

 

 

 

 

 

 

 

 

 

Basic weighted-average outstanding common shares

 

 

20,855

 

 

 

20,589

 

 

 

20,411

 

Additional dilutive shares related to share-based compensation

 

 

242

 

 

 

223

 

 

 

 

Diluted weighted-average outstanding shares

 

 

21,097

 

 

 

20,812

 

 

 

20,411

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic income (loss) attributable to Viad common stockholders

 

$

0.30

 

 

$

0.54

 

 

$

(5.01

)

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

 

$

0.30

 

 

$

0.53

 

 

$

(5.01

)

 

(1)
Diluted loss per share amount cannot exceed basic loss per share.
Schedule of Excluded Weighted-Average Potential Common Shares from Calculations of Diluted Net Income (Loss) Per Common Shares

We excluded the following weighted-average potential common shares from the calculations of diluted net income (loss) per common share during the applicable periods because their inclusion would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2023

 

 

2022

 

 

2021

 

Convertible preferred stock

 

 

 

 

 

 

 

 

6,674

 

Unvested restricted share-based awards

 

 

40

 

 

 

23

 

 

 

176

 

Unvested performance share-based awards

 

 

93

 

 

 

8

 

 

 

32

 

Stock options

 

 

372

 

 

 

255

 

 

 

194