Income (Loss) Per Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Income (Loss) Per Share

Note 15. Income (Loss) 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)	2020			2019			2020			2019
Net income (loss) attributable to Viad (diluted)	$	(30,758	)	$	31,416		$	(323,621	)	$	27,463
Less: Allocation to non-vested shares		—			(226	)		—			(196	)
Convertible preferred stock dividends		(1,134	)		—			(1,134	)		—
Adjustment to the redemption value of redeemable noncontrolling interest		(468	)		(264	)		(926	)		(530	)
Net income (loss) allocated to Viad common stockholders (basic)	$	(32,360	)	$	30,926		$	(325,681	)	$	26,737
Basic weighted-average outstanding common shares		20,293			20,168			20,263			20,129
Additional dilutive shares related to share-based compensation		—			143			—			138
Diluted weighted-average outstanding shares		20,293			20,311			20,263			20,267
Income (loss) per share:
Basic income (loss) attributable to Viad common stockholders	$	(1.59	)	$	1.53		$	(16.07	)	$	1.33
Diluted income (loss) attributable to Viad common stockholders(1)	$	(1.59	)	$	1.53		$	(16.07	)	$	1.33

^{(1) Diluted loss per share amount cannot exceed basic loss per share.}

The dilutive effect of the outstanding common shares, excluding the Convertible Series A Preferred Stock, is reflected in diluted loss per share by application of the treasury stock method. The dilutive effect of the Convertible Series A Preferred Stock is reflected in the diluted loss per share by application of the if-converted method.