Note 14. Stockholders’ Equity

The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the non-redeemable noncontrolling interest for the six months ended June 30, 2018 and 2017:

(in thousands)	Total Viad Stockholders’ Equity			Non-redeemable Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2017	$	429,131		$	13,806		$	442,937
Net income (loss)		14,103			(397	)		13,706
Dividends on common stock ($0.20 per share)		(4,095	)		—			(4,095	)
Common stock purchased for treasury		(10,085	)		—			(10,085	)
Employee benefit plans		4,211			—			4,211
Unrealized foreign currency translation adjustment		(11,204	)		—			(11,204	)
Other changes to AOCI		669			—			669
Other		42			—			42
Balance at June 30, 2018	$	422,772		$	13,409		$	436,181

(in thousands)	Total Viad Stockholders’ Equity			Non-redeemable Noncontrolling Interest			Total Stockholders’ Equity
Balance at December 31, 2016	$	357,355		$	13,283		$	370,638
Net income (loss)		34,724			(337	)		34,387
Dividends on common stock ($0.20 per share)		(4,077	)		—			(4,077	)
Common stock purchased for treasury		(1,204	)		—			(1,204	)
Employee benefit plans		3,982			—			3,982
Unrealized foreign currency translation adjustment		9,705			—			9,705
Other changes to AOCI		243			—			243
Other		47			—			47
Balance at June 30, 2017	$	400,775		$	12,946		$	413,721

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, 2017	$	616		$	(12,026	)	$	(11,158	)	$	(22,568	)
Adoption of ASU 2016-01⁽¹⁾		(616	)		—			—			(616	)
Other comprehensive income before reclassifications		—			(11,204	)		—			(11,204	)
Amounts reclassified from AOCI, net of tax		—			—			669			669
Net other comprehensive income (loss)		(616	)		(11,204	)		669			(11,151	)
Balance at June 30, 2018	$	—		$	(23,230	)	$	(10,489	)	$	(33,719	)

⁽¹⁾	Upon the adoption of ASU 2016-01, we recorded a cumulative-effect adjustment from unrealized gains on investments to beginning retained earnings.

Amounts reclassified that relate to our defined benefit pension and postretirement plans include the amortization of prior service costs and actuarial net losses recognized during the six months ended June 30, 2018 and 2017. These costs are recorded as components of net periodic cost for each period presented. Refer to Note 17 – Pension and Postretirement Benefits for additional information.

Amounts reclassified that relate to unrealized gains on equity securities classified as available-for-sale include $1.0 million ($0.6 million after tax) as of December 31, 2017. Upon the adoption of ASU 2016-01, unrealized gains on equity securities are recognized in net income. Refer to Note 13 – Fair Value Measurements for additional information.

Noncontrolling interests with redemption features that are not solely within our control are considered redeemable noncontrolling interests. Redeemable noncontrolling interest is considered temporary equity and we report it between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets. Refer to Note 20 – Redeemable Noncontrolling Interest for additional information.