Stockholders' Equity

6 Months Ended

Jun. 30, 2016

Equity [Abstract]

Stockholders' Equity

Note 13. 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, 2016 and 2015:

(in thousands)	Total Viad Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2015	$	322,581		$	12,757		$	335,338
Net income (loss)		12,526			(227	)		12,299
Dividends on common stock ($0.20 per share)		(4,050	)		—			(4,050	)
Common stock purchased for treasury		(651	)		—			(651	)
Employee benefit plans		3,145			—			3,145
Unrealized foreign currency translation adjustment		4,572			—			4,572
Tax benefits from share-based compensation		39			—			39
Other changes to AOCI		105			—			105
Other		(17	)		—			(17	)
Balance at June 30, 2016	$	338,250		$	12,530		$	350,780

(in thousands)	Total Viad Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2014	$	335,387		$	12,315		$	347,702
Net income (loss)		20,333			(173	)		20,160
Dividends on common stock ($0.20 per share)		(4,008	)		—			(4,008	)
Common stock purchased for treasury		(5,969	)		—			(5,969	)
Employee benefit plans		4,790			—			4,790
Unrealized foreign currency translation adjustment		(11,626	)		—			(11,626	)
Tax benefits from share-based compensation		232			—			232
Other changes to AOCI		298			—			298
Other		(1	)		(1	)		(2	)
Balance at June 30, 2015	$	339,436		$	12,141		$	351,577

Changes in AOCI by component are as follows:

(in thousands)	Unrealized Gains on Investments			Cumulative Foreign Currency Translation Adjustments			Unrecognized Net Actuarial Loss and Prior Service Credit, Net			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2015	$	346		$	(23,257	)	$	(11,265	)	$	(34,176	)
Other comprehensive income before reclassifications		36			4,572			—			4,608
Amounts reclassified from AOCI, net of tax		(16	)		—			85			69
Net other comprehensive income		20			4,572			85			4,677
Balance at June 30, 2016	$	366		$	(18,685	)	$	(11,180	)	$	(29,499	)

The following table presents information about reclassification adjustments out of AOCI:

	Six Months Ended June 30,						Affected Line Item in the Statement Where Net Income is Presented
(in thousands)	2016			2015
Unrealized gains on investments	$	(25	)	$	(54	)	Interest income
Tax effect		9			20		Income taxes
	$	(16	)	$	(34	)
Recognized net actuarial loss(1)	$	388		$	345
Amortization of prior service credit(1)		(251	)		(275	)
Tax effect		(52	)		(101	)	Income taxes
	$	85		$	(31	)

⁽¹⁾ Amount included in pension expense. Refer to Note 16 - Pension and Postretirement Benefits.