Income Per Share

12 Months Ended

Dec. 31, 2011

Income Per Share [Abstract]

Income Per Share

Note 12. Income Per Share

The following is a reconciliation of the numerators and denominators of diluted and basic per share computations for net income (loss) attributable to Viad:

	2011			2010			2009
	(in thousands, except per share data)
Basic net income (loss) per share
Numerator:
Net income (loss) attributable to Viad	$	9,210		$	443		$	(104,711	)
Less: Allocation to non-vested shares		(248	)		(11	)		—
Net income (loss) allocated to Viad common stockholders	$	8,962		$	432		$	(104,711	)
Denominator:
Weighted-average outstanding common shares		19,719			19,955			19,960
Net income (loss) attributable to Viad common stockholders	$	0.45		$	0.02		$	(5.25	)
Diluted net income (loss) per share
Numerator:
Net income (loss) attributable to Viad	$	9,210		$	443		$	(104,711	)
Denominator:
Weighted-average outstanding shares		19,719			19,955			19,960
Additional dilutive shares related to share-based compensation		336			322			—
Weighted-average outstanding and potentially dilutive shares		20,055			20,277			19,960
Net income (loss) attributable to Viad common stockholders (1)	$	0.45		$	0.02		$	(5.25	)

⁽¹⁾  Diluted income per share amount cannot exceed basic income per share.

Options to purchase 304,000, 474,000 and 627,000 shares of common stock were outstanding during 2011, 2010 and 2009, respectively, but were not included in the computation of dilutive shares outstanding because the effect would be anti-dilutive. Additionally, 336,000 and 322,000 share-based compensation awards were considered dilutive and included in the computation of diluted income per share in 2011 and 2010, respectively. During 2009, 294,000 share-based compensation awards, that would normally have been considered dilutive and thus included as outstanding for purposes of computing diluted income per share, were excluded due to a net loss reported in 2009, thereby making such shares anti-dilutive.