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Income Per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Income Per Share

Note 15. Income Per Share

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(in thousands, except per share data)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net income attributable to Viad (diluted)

 

$

37,389

 

 

$

44,657

 

 

$

51,492

 

 

$

79,381

 

Less: Allocation to non-vested shares

 

 

(338

)

 

 

(539

)

 

 

(493

)

 

 

(993

)

Adjustment to the redemption value of redeemable noncontrolling interest

 

 

(84

)

 

 

 

 

 

(174

)

 

 

 

Net income allocated to Viad common stockholders (basic)

 

$

36,967

 

 

$

44,118

 

 

$

50,825

 

 

$

78,388

 

Basic weighted-average outstanding common shares

 

 

20,145

 

 

 

20,166

 

 

 

20,187

 

 

 

20,130

 

Additional dilutive shares related to share-based compensation

 

 

242

 

 

 

270

 

 

 

240

 

 

 

252

 

Diluted weighted-average outstanding shares

 

 

20,387

 

 

 

20,436

 

 

 

20,427

 

 

 

20,382

 

Income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income attributable to Viad common stockholders

 

$

1.84

 

 

$

2.19

 

 

$

2.52

 

 

$

3.89

 

Diluted income attributable to Viad common stockholders(1)

 

$

1.83

 

 

$

2.19

 

 

$

2.51

 

 

$

3.89

 

 

(1)

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