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Income Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Income Per Share

The components of basic and diluted income per share are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands, except per share data)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net income attributable to Viad (diluted)

 

$

23,490

 

 

$

27,947

 

 

$

14,103

 

 

$

34,724

 

Less: Allocation to non-vested shares

 

 

(222

)

 

 

(345

)

 

 

(139

)

 

 

(442

)

Adjustment to the redemption value of redeemable noncontrolling interest

 

 

(52

)

 

 

 

 

 

(90

)

 

 

 

Net income allocated to Viad common stockholders (basic)

 

$

23,216

 

 

$

27,602

 

 

$

13,874

 

 

$

34,282

 

Basic weighted-average outstanding common shares

 

 

20,209

 

 

 

20,140

 

 

 

20,208

 

 

 

20,112

 

Additional dilutive shares related to share-based compensation

 

 

227

 

 

 

224

 

 

 

238

 

 

 

243

 

Diluted weighted-average outstanding shares

 

 

20,436

 

 

 

20,364

 

 

 

20,446

 

 

 

20,355

 

Income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income attributable to Viad common stockholders

 

$

1.15

 

 

$

1.37

 

 

$

0.69

 

 

$

1.70

 

Diluted income attributable to Viad common stockholders(1)

 

$

1.15

 

 

$

1.37

 

 

$

0.69

 

 

$

1.70

 

 

(1)

Diluted income (loss) per share amount cannot exceed basic income (loss) per share.