CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents		$ 130,528	$ 61,999
Accounts receivable, net of allowances for doubtful accounts of $10,154 and $1,200, respectively		112,081	126,246
Inventories		17,528	17,269
Current contract costs		14,999	24,535
Other current assets		37,377	30,854
Total current assets		312,513	260,903
Property and equipment, net		481,622	500,901
Other investments and assets		45,544	45,119
Operating lease right-of-use assets		96,719	103,314
Deferred income taxes		37,228	26,163
Goodwill		204,613	287,983
Other intangible assets, net		69,222	94,308
Total Assets		1,247,461	1,318,691
Current liabilities
Accounts payable		86,050	86,660
Contract liabilities		36,750	50,671
Accrued compensation		12,652	32,658
Operating lease obligations		20,708	22,180
Other current liabilities		46,750	39,824
Current portion of debt and finance lease obligations	[1],[2]	420,830	5,330
Total current liabilities		623,740	237,323
Long-term debt and finance lease obligations		18,016	335,162
Pension and postretirement benefits		25,921	26,247
Long-term operating lease obligations		78,685	82,851
Other deferred items and liabilities		75,743	83,707
Total liabilities		822,105	765,290
Commitments and contingencies
Redeemable noncontrolling interest		4,908	6,172
Viad Corp stockholders’ equity:
Common stock, $1.50 par value, 200,000,000 shares authorized, 24,934,981 shares issued and outstanding		37,402	37,402
Additional capital		570,859	574,473
Retained earnings		34,347	122,971
Accumulated other comprehensive loss		(63,543)	(35,699)
Common stock in treasury, at cost, 4,544,371 and 4,588,084 shares, respectively		(229,770)	(231,649)
Total Viad stockholders’ equity		349,295	467,498
Non-redeemable noncontrolling interest		71,153	79,731
Total stockholders’ equity		420,448	547,229
Total Liabilities and Stockholders’ Equity		$ 1,247,461	$ 1,318,691

[1] As discussed below, in May 2020, we entered into an amendment to our 2018 Credit Agreement (as defined below), which waived our financial covenants for the quarter ending June 30, 2020. However, we expect to be unable to meet our financial covenants beginning with the quarter ending September 30, 2020, and as a result, the entire $412.6 million balance outstanding under the 2018 Credit Facility as of March 31, 2020 has been classified as a current liability. We are actively negotiating with our lenders to further amend our 2018 Credit Agreement; however, we cannot provide any assurance regarding our ability to obtain further amendments to the 2018 Credit Agreement in a timely manner, or on acceptable terms, if at all. If we are unable to obtain a waiver to our financial covenants, our lenders may exercise remedies against us, including the acceleration of our outstanding indebtedness We also expect to be unable to meet our financial covenants under our FlyOver Iceland Credit Facility beginning with the quarter ending September 30, 2020, and as a result, the $5.3 million balance outstanding as of March 31, 2020 has been classified as a current liability.

[2] Subsequent to the filing of our 2019 Form 10-K, we identified a correction related to the classification of the 2018 Credit Facility (as defined below) from current to long-term given that the 2018 Credit Facility’s contractual maturity is not within 12 months of the balance sheet date, and we were in compliance with all applicable covenants as of December 31, 2019. As a result, we corrected the classification of the debt on the accompanying condensed consolidated balance sheet and the disclosure related to classification of debt in the table above as of December 31, 2019 to present the 2018 Credit Facility as long-term. Except for this change, the correction had no impact upon this Quarterly Report on Form 10-Q. We determined that the error is not material to the previously issued financial statements.