Stockholders' Equity

6 Months Ended

Jun. 30, 2012

Stockholders' Equity [Abstract]

Stockholders' Equity

Note 10. 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, 2012:

	Total Viad Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
				(in thousands)
Balance at January 1, 2012	$	377,894		$	8,285		$	386,179
Net income (loss)		7,117			(462	)		6,655
Dividends on common stock		(1,623	)		—			(1,623	)
Common stock purchased for treasury		(1,000	)		—			(1,000	)
Employee benefit plans		2,279			—			2,279
Unrealized foreign currency translation adjustment		996			—			996
Unrealized gain on investments		51			—			51
Prior service credit and net actuarial loss		5			—			5
ESOP allocation adjustment		650			—			650
Other		(2	)		(1	)		(3	)
Balance at June 30, 2012	$	386,367		$	7,822		$	394,189

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 Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ 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

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, 2012 or 2011. As of June 30, 2012, 53,621 shares remain available for repurchase under the announced authorization. Additionally, during the six months ended June 30, 2012 and 2011, the Company repurchased 50,894 shares for $1.0 million and 28,627 shares for $679,000, respectively, related to tax withholding requirements on share-based awards.