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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Total revenue $ 358,163 $ 339,099 $ 999,268 $ 1,029,680
Costs and expenses:        
Business interruption gain (35) (1,091) (602) (2,231)
Corporate activities 3,777 4,425 8,529 9,886
Interest income (101) (74) (238) (174)
Interest expense 2,608 2,117 7,031 6,281
Other expense [1] 527 248 1,308 922
Restructuring charges 175 255 999 817
Impairment recoveries   (24,467) (35) (29,098)
Total costs and expenses 308,563 273,247 932,296 916,215
Income from continuing operations before income taxes 49,600 65,852 66,972 113,465
Income tax expense 10,806 20,010 15,282 32,929
Income from continuing operations 38,794 45,842 51,690 80,536
Income (loss) from discontinued operations (246) (101) 403 (408)
Net income 38,548 45,741 52,093 80,128
Net income attributable to non-redeemable noncontrolling interest (1,287) (1,084) (890) (747)
Net loss attributable to redeemable noncontrolling interest 128   289  
Net income attributable to Viad $ 37,389 $ 44,657 $ 51,492 $ 79,381
Diluted income (loss) per common share:        
Continuing operations attributable to Viad common stockholders $ 1.84 $ 2.19 $ 2.49 $ 3.91
Discontinued operations attributable to Viad common stockholders (0.01)   0.02 (0.02)
Net income attributable to Viad common stockholders [2] $ 1.83 $ 2.19 $ 2.51 $ 3.89
Weighted-average outstanding and potentially dilutive common shares 20,387 20,436 20,427 20,382
Basic income (loss) per common share:        
Continuing operations attributable to Viad common stockholders $ 1.85 $ 2.19 $ 2.50 $ 3.91
Discontinued operations attributable to Viad common stockholders (0.01)   0.02 (0.02)
Net income attributable to Viad common stockholders $ 1.84 $ 2.19 $ 2.52 $ 3.89
Weighted-average outstanding common shares 20,145 20,166 20,187 20,130
Dividends declared per common share $ 0.10 $ 0.10 $ 0.30 $ 0.30
Amounts attributable to Viad common stockholders        
Income from continuing operations $ 37,635 $ 44,758 $ 51,089 $ 79,789
Income (loss) from discontinued operations (246) (101) 403 (408)
Net income attributable to Viad 37,389 44,657 51,492 79,381
Services        
Revenue:        
Total revenue 300,087 286,752 860,358 896,574
Costs and expenses:        
Costs and expenses 254,638 245,757 792,775 808,304
Products        
Revenue:        
Total revenue 58,076 52,347 138,910 133,106
Costs and expenses:        
Costs and expenses $ 46,974 $ 46,077 $ 122,529 $ 121,508
[1] 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.
[2] Diluted income (loss) per share amount cannot exceed basic income (loss) per share.