Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Information

Note 19. Segment Information

Viad’s reportable segments consist of the Marketing & Events U.S. Segment, the Marketing & Events International Segment (together the “Marketing & Events Group”) and the Travel & Recreation Group.

Viad measures profit and performance of its operations on the basis of segment operating income which excludes restructuring charges and recoveries and impairment charges. Intersegment sales are eliminated in consolidation and intersegment transfers are not significant. Corporate activities include expenses not allocated to operations. Depreciation and amortization and share-based compensation expense are the only significant non-cash items for the reportable segments.

Viad’s reportable segments, with reconciliations to consolidated totals, are as follows:

	Three Months Ended March 31,
(in thousands)	2016			2015
Revenue:
Marketing & Events Group:
U.S. Segment	$	183,737		$	192,943
International Segment		54,081			65,236
Intersegment eliminations		(1,682	)		(1,251	)
Total Marketing & Events Group		236,136			256,928
Travel & Recreation Group		5,226			7,468
Total revenue	$	241,362		$	264,396
Segment operating income (loss):
Marketing & Events Group:
U.S. Segment	$	862		$	2,637
International Segment		(569	)		1,047
Total Marketing & Events Group		293			3,684
Travel & Recreation Group		(6,573	)		(4,809	)
Segment operating loss		(6,280	)		(1,125	)
Corporate activities		(1,911	)		(2,810	)
Operating loss		(8,191	)		(3,935	)
Interest income		56			63
Interest expense		(1,284	)		(1,151	)
Restructuring (charges) recoveries:
Marketing & Events U.S. Segment		(293	)		(88	)
Marketing & Events International Segment		(215	)		(138	)
Travel & Recreation Group		(92	)		6
Corporate		(392	)		4
Loss from continuing operations before income taxes	$	(10,411	)	$	(5,239	)