Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2016

Reconciliation of Stockholders' Equity to Noncontrolling Interests

The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the noncontrolling interest for the nine months ended September 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		46,318			765		47,083
Dividends on common stock ($0.30 per share)		(6,079	)		—		(6,079	)
Common stock purchased for treasury		(679	)		—		(679	)
Employee benefit plans		4,693			—		4,693
Unrealized foreign currency translation adjustment		723			—		723
Tax benefits from share-based compensation		60			—		60
Other changes to AOCI		162					162
Other		28			—		28
Balance at September 30, 2016	$	367,807		$	13,522	$	381,329

(in thousands)	Total Viad Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2014	$	335,387		$	12,315		$	347,702
Net income		27,563			515			28,078
Dividends on common stock ($0.30 per share)		(6,020	)		—			(6,020	)
Common stock purchased for treasury		(4,776	)		—			(4,776	)
Employee benefit plans		5,243			—			5,243
Unrealized foreign currency translation adjustment		(23,117	)		—			(23,117	)
Tax benefits from share-based compensation		13			—			13
Other changes to AOCI		209			—			209
Other		—			(1	)		(1	)
Balance at September 30, 2015	$	334,502		$	12,829		$	347,331

Schedule of Accumulated Other Comprehensive Income (Loss)

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		104			723			—			827
Amounts reclassified from AOCI, net of tax		(42	)		—			100			58
Net other comprehensive income		62			723			100			885
Balance at September 30, 2016	$	408		$	(22,534	)	$	(11,165	)	$	(33,291	)

Reclassification out of Accumulated Other Comprehensive Income

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

	Nine Months Ended September 30,						Affected Line Item in the Statement Where Net Income is Presented
(in thousands)	2016			2015
Unrealized gains on investments	$	(67	)	$	(79	)	Interest income
Tax effect		25			30		Income taxes
	$	(42	)	$	(49	)

Recognized net actuarial loss⁽¹⁾	$	538		$	569
Amortization of prior service credit⁽¹⁾		(377	)		(414	)
Tax effect		(61	)		(133	)	Income taxes
	$	100		$	22

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