Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2018

Reconciliation of Stockholders' Equity to Noncontrolling Interests

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

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, 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.