Note 21. Segment Information

We measure the profit and performance of our operations on the basis of segment operating income (loss) which excludes restructuring charges and recoveries and impairment charges and recoveries. Intersegment sales are eliminated in consolidation and intersegment transfers are not significant. Corporate activities include expenses not allocated to operations. Depreciation and amortization and share-based compensation expense are the only significant non-cash items for the reportable segments.

Our reportable segments, with reconciliations to consolidated totals, are as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in thousands)	2018			2017			2018			2017
Revenue:
GES:
U.S.	$	191,699		$	184,761		$	636,806		$	684,003
International		56,890			54,040			204,505			203,222
Intersegment eliminations		(2,479	)		(6,682	)		(12,173	)		(17,126	)
Total GES		246,110			232,119			829,138			870,099
Pursuit		112,053			106,980			170,130			159,581
Total revenue	$	358,163		$	339,099		$	999,268		$	1,029,680
Segment operating income (loss):
GES:
U.S.	$	2,287		$	(2,664	)	$	21,569		$	40,002
International		(1,127	)		(2,858	)		9,176			8,524
Total GES		1,160			(5,522	)		30,745			48,526
Pursuit		55,408			53,860			53,770			53,523
Segment operating income		56,568			48,338			84,515			102,049
Corporate eliminations ⁽¹⁾		18			18			51			50
Corporate activities		(3,777	)		(4,425	)		(8,529	)		(9,886	)
Operating income		52,809			43,931			76,037			92,213
Interest income		101			74			238			174
Interest expense		(2,608	)		(2,117	)		(7,031	)		(6,281	)
Other expense ⁽²⁾		(527	)		(248	)		(1,308	)		(922	)
Restructuring recoveries (charges):
GES U.S.		(162	)		435			(402	)		364
GES International		(13	)		(689	)		(467	)		(1,043	)
Pursuit		—			—			(140	)		—
Corporate		—			(1	)		10			(138	)
Impairment recoveries:
Pursuit		—			24,467			35			29,098
Income from continuing operations before income taxes	$	49,600		$	65,852		$	66,972		$	113,465

⁽¹⁾	Corporate eliminations represent the elimination of depreciation expense recorded by Pursuit associated with previously eliminated intercompany profit realized by GES for renovations to Pursuit’s Banff Gondola.

⁽²⁾

We adopted ASU 2017-07 on January 1, 2018, which requires retrospective adoption. As a result, we recorded the nonservice cost component of net periodic benefit cost within other expense for the three and nine months ended September 30, 2018, and we reclassified $0.2 million from operating expenses to other expense for the three months ended September 30, 2017 and $0.9 million for the nine months ended September 30, 2017 to conform with current period presentation. Refer to Note 1 – Overview and Basis of Presentation for additional details on the impact of this adoption on our Condensed Consolidated Statements of Operations.