Revenue and Related Contract Costs and Contract Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

Revenue From Contract With Customer [Abstract]

Summary of Changes in Contract Liabilities

Changes to contract liabilities are as follows:

(in thousands)
Balance at December 31, 2019	$	50,796
Cash additions		53,284
Revenue recognized		(64,430	)
Foreign exchange translation adjustment		(1,482	)
Balance at March 31, 2020	$	38,168

Summary of Changes in Contract Costs

Changes to contract costs are as follows:

(in thousands)
Balance at December 31, 2019	$	28,496
Additions		11,672
Expenses		(17,679	)
Cancelled		(2,086	)
Foreign exchange translation adjustment		(644	)
Balance at March 31, 2020	$	19,759

Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served

The following tables disaggregate GES and Pursuit revenue by major product line, timing of revenue recognition, and markets served:

GES

	Three Months Ended March 31, 2020
(in thousands)	GES North America		GES EMEA		Intersegment Eliminations			Total
Services:
Core services	$	210,183	$	26,503	$	—		$	236,686
Audio-visual		17,430		4,034		—			21,464
Event technology		5,554		2,861		—			8,415
Intersegment eliminations		—		—		(1,989	)		(1,989	)
Total services		233,167		33,398		(1,989	)		264,576
Products:
Core products		18,591		9,318		—			27,909
Total revenue	$	251,758	$	42,716	$	(1,989	)	$	292,485
Timing of revenue recognition:
Services transferred over time	$	233,167	$	33,398	$	(1,989	)	$	264,576
Products transferred over time(1)		10,577		2,450		—			13,027
Products transferred at a point in time		8,014		6,868		—			14,882
Total revenue	$	251,758	$	42,716	$	(1,989	)	$	292,485
Markets:
Exhibitions	$	184,358	$	32,547	$	—		$	216,905
Conferences		35,890		4,807		—			40,697
Corporate events		26,964		5,154		—			32,118
Consumer events		4,546		208		—			4,754
Intersegment eliminations		—		—		(1,989	)		(1,989	)
Total revenue	$	251,758	$	42,716	$	(1,989	)	$	292,485

⁽¹⁾ GES’ graphics product revenue is earned over time over the duration of the event as it is considered a part of the single performance obligation satisfied over time.

	Three Months Ended March 31, 2019
(in thousands)	GES North America		GES EMEA		Intersegment Eliminations			Total
Services:
Core services	$	179,873	$	31,063	$	—		$	210,936
Audio-visual		18,406		3,888		—			22,294
Event technology		8,763		2,953		—			11,716
Intersegment eliminations		—		—		(2,690	)		(2,690	)
Total services		207,042		37,904		(2,690	)		242,256
Products:
Core products		16,199		16,472		—			32,671
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927
Timing of revenue recognition:
Services transferred over time	$	207,042	$	37,904	$	(2,690	)	$	242,256
Products transferred over time(1)		11,269		3,479		—			14,748
Products transferred at a point in time		4,930		12,993		—			17,923
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927
Markets:
Exhibitions	$	136,429	$	45,655	$	—		$	182,084
Conferences		47,862		2,982		—			50,844
Corporate events		32,787		5,545		—			38,332
Consumer events		6,163		194		—			6,357
Intersegment eliminations		—		—		(2,690	)		(2,690	)
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927

⁽¹⁾ GES’ graphics product revenue is earned over time over the duration of an event as it is considered a part of the single performance obligation satisfied over time.

Pursuit

	Three Months Ended
	March 31,
(in thousands)	2020			2019
Services:
Admissions	$	4,102		$	3,525
Accommodations		4,517			2,418
Transportation		2,056			1,995
Travel planning		416			632
Intersegment eliminations		(111	)		(185	)
Total services revenue		10,980			8,385
Products:
Food and beverage		1,649			1,364
Retail operations		894			918
Total products revenue		2,543			2,282
Total revenue	$	13,523		$	10,667
Timing of revenue recognition:
Services transferred over time	$	10,980		$	8,385
Products transferred at a point in time		2,543			2,282
Total revenue	$	13,523		$	10,667
Markets:
Banff Jasper Collection	$	9,799		$	7,870
Alaska Collection		151			180
Glacier Park Collection		723			823
FlyOver		2,850			1,794
Total revenue	$	13,523		$	10,667