Pursuit Attractions and Hospitality (PRSU) 10-Q 9 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 07, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	VIAD CORP
Entity Central Index Key	884,219
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Trading Symbol	VVI
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		20,479,453

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents		$ 42,340	$ 53,723
Accounts receivable, net of allowances for doubtful accounts of $1,953 and $2,023, respectively		118,284	104,811
Inventories		17,514	17,550	[1]
Current contract costs		22,620	13,436	[1]
Other current assets		23,077	19,741	[1]
Total current assets		223,835	209,261
Property and equipment, net		316,879	305,571
Other investments and assets		48,789	48,187	[1]
Deferred income taxes		28,055	23,548
Goodwill		269,794	270,551
Other intangible assets, net		60,795	62,781
Total Assets		948,147	919,899
Current liabilities
Accounts payable		82,019	77,380
Contract liabilities		51,891	31,981	[2]
Accrued compensation		18,734	30,614
Other current liabilities		50,817	40,154	[2]
Current portion of debt and capital lease obligations	[3]	178,252	152,599
Total current liabilities		381,713	332,728
Long-term debt and capital lease obligations		53,066	56,593
Pension and postretirement benefits		28,153	28,135
Other deferred items and liabilities		48,786	52,858
Total liabilities		511,718	470,314
Commitments and contingencies
Redeemable noncontrolling interest		6,950	6,648
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		573,223	574,458
Retained earnings		55,000	65,836
Unearned employee benefits and other		207	218
Accumulated other comprehensive loss		(25,848)	(22,568)
Common stock in treasury, at cost, 4,468,334 and 4,518,099 shares, respectively		(223,947)	(226,215)
Total Viad stockholders’ equity		416,037	429,131
Non-redeemable noncontrolling interest		13,442	13,806
Total stockholders’ equity		429,479	442,937	[4]
Total Liabilities and Stockholders’ Equity		$ 948,147	$ 919,899
[1]	Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million.
[2]	In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation.
[3]	Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year.
[4]	The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 1,953	$ 2,023
Common stock, par value	$ 1.50	$ 1.50
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	24,934,981	24,934,981
Common stock, shares outstanding	24,934,981	24,934,981
Treasury stock, shares	4,468,334	4,518,099

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Revenue:
Services		$ 245,548	$ 290,643
Products		31,880	35,164
Total revenue		277,428	325,807
Costs and expenses:
Costs of services		257,295	280,638
Costs of products		31,122	32,102
Business interruption gain		(190)	(53)
Corporate activities		2,217	2,541
Interest income		(84)	(58)
Interest expense		2,069	2,105
Other expense	[1]	238	452
Restructuring charges		162	394
Impairment recoveries			(2,384)
Total costs and expenses		292,829	315,737
Income (loss) from continuing operations before income taxes		(15,401)	10,070
Income tax expense (benefit)		(4,638)	2,741
Income (loss) from continuing operations		(10,763)	7,329
Income (loss) from discontinued operations		928	(816)
Net income (loss)		(9,835)	6,513
Net loss attributable to non-redeemable noncontrolling interest		364	264
Net loss attributable to redeemable noncontrolling interest		84
Net income (loss) attributable to Viad		$ (9,387)	$ 6,777
Diluted income (loss) per common share:
Continuing operations attributable to Viad common stockholders		$ (0.51)	$ 0.37
Discontinued operations attributable to Viad common stockholders		0.04	(0.04)
Net income (loss) attributable to Viad common stockholders	[2]	$ (0.47)	$ 0.33
Weighted-average outstanding and potentially dilutive common shares		20,207	20,346
Basic income (loss) per common share:
Continuing operations attributable to Viad common stockholders		$ (0.51)	$ 0.37
Discontinued operations attributable to Viad common stockholders		0.04	(0.04)
Net income (loss) attributable to Viad common stockholders		$ (0.47)	$ 0.33
Weighted-average outstanding common shares		20,207	20,083
Dividends declared per common share		$ 0.10	$ 0.10
Amounts attributable to Viad common stockholders
Income (loss) from continuing operations		$ (10,315)	$ 7,593
Loss from discontinued operations		928	(816)
Net income (loss) attributable to Viad		$ (9,387)	$ 6,777
[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 months ended March 31, 2018, and we reclassified $0.5 million from operating expenses to other expense for the three months ended March 31, 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.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)		$ (9,835)	$ 6,513
Other comprehensive income (loss):
Unrealized gains (losses) on investments, net of tax	[1]		62
Unrealized foreign currency translation adjustments, net of tax	[1]	(3,109)	2,345
Change in net actuarial gain, net of tax	[1]	629	111
Change in prior service cost, net of tax	[1]	(184)	(78)
Adoption of ASU 2016-01		(616)
Comprehensive income (loss)		(13,115)	8,953
Comprehensive loss attributable to non-redeemable noncontrolling interest		364	264
Comprehensive loss attributable to redeemable noncontrolling interest		84
Comprehensive income (loss) attributable to Viad		$ (12,667)	$ 9,217
[1]	The tax effect on other comprehensive income (loss) is not significant.

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income (loss)	$ (9,835)	$ 6,513
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	13,063	12,144
Deferred income taxes	(4,507)	374
Loss (income) from discontinued operations	(928)	816
Restructuring charges	162	394
Impairment recoveries		(2,384)
Gains on dispositions of property and other assets	(73)	(50)
Share-based compensation expense	717	1,999
Other non-cash items, net	1,803	1,287
Change in operating assets and liabilities (excluding the impact of acquisitions):
Receivables	(13,255)	(26,219)
Inventories	70	(770)
Current contract costs	(9,211)	(3,739)
Accounts payable	5,354	29,437
Restructuring liabilities	(359)	(1,137)
Accrued compensation	(16,149)	(16,027)
Contract liabilities	20,888	13,505
Income taxes payable	(7,475)	(3,206)
Other assets and liabilities, net	16,316	19,301
Net cash provided by (used in) operating activities	(3,419)	32,238
Cash flows from investing activities
Capital expenditures	(26,586)	(14,662)
Proceeds from insurance		4,583
Cash paid for acquired businesses, net		(1,661)
Proceeds from dispositions of property and other assets	1,139	550
Net cash used in investing activities	(25,447)	(11,190)
Cash flows from financing activities
Proceeds from borrowings	36,038	17,574
Payments on debt and capital lease obligations	(15,348)	(30,985)
Dividends paid on common stock	(2,046)	(2,038)
Common stock purchased for treasury	(868)	(1,204)
Proceeds from exercise of stock options	84
Net cash provided by (used in) financing activities	17,860	(16,653)
Effect of exchange rate changes on cash and cash equivalents	(377)	139
Net change in cash and cash equivalents	(11,383)	4,534
Cash and cash equivalents, beginning of year	53,723	20,900
Cash and cash equivalents, end of period	$ 42,340	$ 25,434

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Overview and Basis of Presentation	Note 1. Overview and Basis of Presentation Nature of Business We are an international experiential services company with operations principally in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. We are committed to providing unforgettable experiences to our clients and guests. We operate through three reportable business segments: GES U.S., GES International (collectively, “GES”), and Pursuit. GES GES is a global, full-service provider for live events. GES’ clients include event organizers and corporate brand marketers. Event organizers schedule and run the event from start to finish. Corporate brand marketers include exhibitors and domestic and international corporations that want to promote their brands, services and innovations, feature new products, and build business relationships. GES serves corporate brand marketers when they exhibit at shows and when GES is engaged to manage their global exhibit program or produce their proprietary corporate events. Services and Products Offered GES offers a full suite of services and products for event organizers and corporate brand marketers • Core Services. GES provides official contracting services and products, including the design and production of experiences to material handling, rigging, electrical, and other on-site services. • Audio-Visual. GES offers a variety of high-impact multi-media services and technology, including video and lighting production, digital studio services, entertainment services and talent coordination, projection mapping, and computer rental and support. • Event Technology. GES offers a comprehensive range of event technology services, including event accommodation solutions, registration and data analytics, and event management tools. Markets Served GES provides the above services and products across four live event markets: Exhibitions, Conferences, Corporate Events, and Consumer Events (collectively, “Live Events”). • Exhibitions facilitate business-to-business and business-to-consumer sales and marketing. • Conferences facilitate attendee education and may also include an expo or trade show to further facilitate attendee education and to facilitate business-to-business and business-to-consumer sales and marketing. • Corporate events facilitate attendee education of the sponsoring company’s products or product ecosystem. • Consumer events entertain, educate, or create an experience, typically around a specific genre. Pursuit Pursuit is a collection of iconic natural and cultural destination travel experiences that enjoy perennial demand. Pursuit offers guests distinctive and world renowned experiences through its collection of unique hotels, lodges, recreational attractions, and transportation services Services and Products Offered Pursuit is comprised of four lines of business: Hospitality, including food and beverage services and retail operations; Attractions, including food and beverage services and retail operations; Transportation, and Travel Planning. Services offered to these lines of business (or a subset of these) include accommodations, admissions, transportation, and travel planning. Products offered include food and beverage and retail. Markets Served Pursuit provides the above services and products across the following geographic markets: • Banff Jasper Collection . The Banff Jasper Collection is a leading travel and tourism provider in the Canadian Rockies in Alberta, Canada with two lodging properties in Banff National Park, one lodging property in Jasper National Park, five world-class recreational attractions, food and beverage services, retail operations, sightseeing and transportation services. • Alaska Collection. The Alaska Collection is a leading travel and tourism provider in Alaska with two lodging properties and a sightseeing excursion in Denali National Park and Preserve, a lodge in Talkeetna, Alaska’s top-rated wildlife and glacier cruise, and two lodging properties located near Kenai Fjords National Park. The Alaska Collection also provides food and beverage services and retail operations. • Glacier Park Collection. The Glacier Park Collection is an operator of seven lodging properties, 12 retail shops, and 11 dining outlets in and around Glacier National Park in Montana, and Waterton Lakes National Park in Alberta, Canada, with a leading share of rooms in that market. • FlyOver. o FlyOver Canada, located in Vancouver, British Columbia, is a recreational attraction that provides a virtual flight ride experience that combines motion seating, spectacular media, and visual effects including wind, scents, and mist to give the unforgettable experience of flying across Canada. o FlyOver Iceland is a recreational attraction under construction in Reykjavik, Iceland that will provide a virtual flight ride experience over some of Iceland’s most spectacular scenery and natural wonders with the same effects as FlyOver Canada. The new attraction is expected to open in 2019. Basis of Presentation Viad’s accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP or SEC rules and regulations for complete financial statements. These financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full year. We have recast certain prior period amounts to conform to the current period presentation due to the adoption of new accounting standards. These unaudited condensed consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 28, 2018 (“2017 Form 10-K”). The condensed consolidated financial statements include the accounts of Viad and its subsidiaries. All significant intercompany account balances and transactions have been eliminated in consolidation. Impact of Recent Accounting Pronouncements The following table provides a brief description of recent accounting pronouncements: Standard Description Date of adoption Effect on the financial statements Standards Not Yet Adopted ASU 2016-02 , Leases (Topic 842) The amendment requires lessees to recognize on their balance sheet a right-of-use asset and a lease liability for leases with lease terms greater than one year. The amendment requires additional disclosures about leasing arrangements, and requires a modified retrospective approach to adoption. Early adoption is permitted. January 1, 2019 We are currently evaluating the potential impact the adoption of this new guidance will have on our financial position or results of operations including analyzing our existing operating leases. Based on our current assessment, the adoption of this standard will have a material impact on our Consolidated Balance Sheets as we will be required to record right-of-use assets and lease liabilities for our leases. Our Consolidated Statement of Operations is not expected to be materially impacted. We expect the most significant impact will relate to facility and equipment leases, which are currently recorded as operating leases. We are continuing our assessment, which may identify other impacts. We will adopt the standard on January 1, 2019. ASU 2018-02 , Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income The amendment addresses the effect of the Tax Cuts and Jobs Act (the “Tax Act”) on items within accumulated other comprehensive income (“AOCI”). Under current GAAP, the effects of changes in tax rates and laws on deferred tax balances are recorded as a component of income tax expense in the period in which the law was enacted. When deferred tax balances related to items originally recorded in AOCI are adjusted, certain tax effects become stranded in AOCI. This amendment allows a reclassification from AOCI to retained earnings for stranded tax effects. Early adoption is permitted. January 1, 2019 We are currently evaluating the impact of the adoption of this new guidance on our consolidated financial statements and related disclosures. Refer to Note 16 – Income Taxes for additional information. Standard Description Date of adoption Effect on the financial statements Standards Recently Adopted ASU 2014-09 , Revenue from Contracts with Customers (Topic 606) The standard established a new recognition model that requires revenue to be recognized in a manner to depict the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. January 1, 2018 We adopted ASU 2014-09 and its related amendments (collectively, “Topic 606”) on January 1, 2018 using the modified retrospective transition method. The cumulative effect of initially applying the new standard as an adjustment to the opening balance of retained earnings was determined to be immaterial (less than $0.2 million) and, therefore, no adjustment was made. The adoption of this standard did not have a material impact on our consolidated financial statements. The impact primarily related to the deferral of certain commissions which were previously expensed as incurred but are now capitalized and amortized over the period of contract performance, and the deferral of certain costs incurred in connection with trade shows which were previously expensed as incurred but are now capitalized and expensed upon the completion of the show. The new guidance resulted in expanded disclosures and processes to identify performance obligations. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional transition disclosures. ASU 2016-01 , Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities The amendment includes a requirement for equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. January 1, 2018 We adopted this guidance prospectively in the first quarter of 2018 and recorded a cumulative-effect adjustment of $0.6 million to beginning retained earnings. ASU 2017-04 , Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment The amendment eliminates the requirement to estimate the implied fair value of goodwill if it is determined that the carrying amount of a reporting unit exceeds its fair value. Goodwill impairment will now be recognized by the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The amendment should be applied prospectively and is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. January 1, 2018 We early adopted this new guidance on January 1, 2018 on a prospective basis. As a result, we expect the adoption to reduce the complexity surrounding the analysis of goodwill impairment during our annual goodwill impairment tests as of October 31, 2018, or if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. ASU 2017-07 , Compensation - Retirement Benefits (Topic 715) - Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost The amendment requires an employer to disaggregate the service cost components from the other components of net benefit cost. The service cost components are required to be presented in operating income and the other components of net benefit cost are required to be presented outside of operating income. January 1, 2018 We adopted this new standard retrospectively. As a result, we recorded the nonservice cost component of net periodic benefit cost within other expense and $0.5 million was reclassified from operating expenses to other expense for the three months ended March 31, 2017, to conform to current period presentation. See below for additional details on the impact of this adoption on our results of operations. ASU 2018-05 , Income Taxes (Topic 740)—Amendments to SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 118 This amends ASC 740 to incorporate the requirements of SEC Staff Accounting Bulletin No. 118, which provides guidance on accounting for the tax effects of the Tax Act for SEC registrants who do not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. Upon issuance We recognized the provisional tax impacts of the Tax Act in the fourth quarter of 2017. During the first quarter of 2018, we did not receive any additional information regarding these provisional calculations. As a result, we continue to anticipate finalizing our analysis in connection with the completion of our tax return for 2017 to be filed in 2018. Refer to Note 16 – Income Taxes for additional information. Prior to January 1, 2018, we presented revenue in our Condensed Consolidated Statements of Operations in three separate line items as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Exhibition and event services $ 275,948 Exhibits and environments 41,923 Pursuit services 7,936 Total revenue $ 325,807 In connection with the adoption of Topic 606, we changed the presentation of revenue in our Condensed Consolidated Statements of Operations and now present total services revenue and total products revenue. As a result, we changed the prior reporting period to conform to the current period presentation as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Services $ 290,643 Products 35,164 Total revenue $ 325,807 As a result of the change in presentation of revenue in the Condensed Consolidated Statements of Operations, we also made the following conforming changes to the presentation of cost of services and cost of products. The following table also summarizes the impact of adopting ASU 2017-07 on our Condensed Consolidated Statements of Operations: Three Months Ended March 31, 2017 (in thousands) As Previously Reported Reclassifications to Conform with Revenue Presentation ASU 2017-07 As Newly Reported Cost of services $ 273,609 $ 7,412 $ (383 ) $ 280,638 Cost of products $ 39,514 $ (7,412 ) $ — $ 32,102 Corporate activities $ 2,610 $ — $ (69 ) $ 2,541 Other expense $ — $ — $ 452 $ 452 Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported period. Estimates and assumptions are used in accounting for, among other things, the fair value of our reporting units used to perform annual impairment testing of recorded goodwill; allowances for uncollectible accounts receivable; provisions for income taxes, including uncertain tax positions; valuation allowances related to deferred tax assets; liabilities for losses related to self-insured liability claims; liabilities for losses related to environmental remediation obligations; sublease income associated with restructuring liabilities; assumptions used to measure pension and postretirement benefit costs and obligations; assumptions used to determine share-based compensation costs under the fair value method; assumptions in the redemption value of redeemable noncontrolling interests; and allocation of purchase price of acquired businesses. Actual results could differ from these and other estimates. Revenue Recognition Beginning January 1, 2018, revenue is measured based on a specified amount of consideration in a contract with a customer, net of commissions paid to customers and amounts collected on behalf of third parties. We recognize revenue when a performance obligation is satisfied by transferring control of a product or service to a customer. GES’ service revenue is primarily derived through its comprehensive range of services to event organizers and corporate brand marketers including Core Services, Audio-Visual, and Event Technology . Pursuit’s service revenue is derived through its accommodations, admissions, transportation, and travel planning services. Pursuit’s product revenue is derived through food and beverage and retail sales. Pursuit’s revenue is recognized at the time services are performed or upon delivery of the product. Pursuit’s service revenue is recognized over time as the customer simultaneously receives and consumes the benefits. Pursuit’s product revenue is recognized at a point in time. The following table summarizes the impact of adopting Topic 606 on our unaudited Condensed Consolidated Statement of Operations for the three months ended March 31, 2018: Three Months Ended March 31, 2018 (in thousands) Balances without Adoption of Topic 606 Effect of Change As Reported Revenue: GES services $ 237,793 $ - $ 237,793 GES products $ 29,913 $ - $ 29,913 Pursuit services $ 7,755 $ - $ 7,755 Pursuit products $ 1,967 $ - $ 1,967 Costs and expenses: Costs of services $ 258,142 $ (847 ) $ 257,295 Costs of products $ 31,122 $ - $ 31,122 Income tax benefit $ (4,852 ) $ 214 $ (4,638 ) Net loss $ (10,468 ) $ (633 ) $ (9,835 ) Noncontrolling Interests Non-redeemable noncontrolling interest represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to us. Our non-redeemable noncontrolling interest relates to the 20% equity ownership interest that we do not own in Glacier Park, Inc. We report non-redeemable noncontrolling interest within stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of consolidated net income attributable to Viad and the non-redeemable noncontrolling interest is presented in the Condensed Consolidated Statements of Operations. Noncontrolling interests with redemption features that are not solely within our control are considered redeemable noncontrolling interests. The Esja Attractions ehf. (“Esja”) Insurance Recoveries Receipts from insurance up to the amount of the recognized losses are considered recoveries and are accounted for when they are probable of receipt. Anticipated proceeds in excess of the recognized loss are considered a gain contingency. A contingency gain for anticipated insurance proceeds in excess of losses already recognized is not recognized until all contingencies relating to the insurance claim have been resolved. Insurance proceeds allocated to business interruption gains are reported as cash flows from operating activities, and proceeds allocated to impairment recoveries are reported as cash flows from investing activities. Insurance proceeds used for capitalizable costs are classified as cash flows from investing activities, and proceeds used for non-capitalizable costs are classified as operating activities.

Revenue and Related Contract Co

Revenue and Related Contract Costs and Contract Liabilities	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Revenue and Related Contract Costs and Contract Liabilities	Note 2. Revenue and Related Contract Costs and Contract Liabilities GES’ performance obligations consist of services or product(s) outlined in a contract. While multi-year contracts are often signed for recurring events, the obligations for each occurrence are well defined and conclude upon the occurrence of each event. The obligations are typically the provision of services or sale of a product in connection with an exhibition, conference or other event. Revenue for services is recognized when we have a right to invoice, generally at the close of the exhibition, conference, or corporate event, which typically lasts one to three days. Revenue for consumer events is recognized over the duration of the event. Revenue for products is recognized upon delivery or when we have the right to invoice, generally at the close of the exhibition, conference, or corporate event. Payment terms are generally within 30-60 days and contain no significant financing components. Pursuit’s performance obligations are short-term in nature. They include the provision of a hotel room, an attraction admission, a chartered or ticketed bus or van ride, the fulfillment of travel planning itineraries, and/or the sale of food, beverage or retail products. Revenue is recognized when the service has been provided or the product has been delivered. When credit is extended, payment terms are generally within 30 days and contain no significant financing components. Customer deposits are typically received by GES and Pursuit prior to transferring the related product or service to the customer. These deposits are recorded as a contract liability and recognized as revenue upon satisfaction of the related contract performance obligation(s). GES also provides customer rebates and volume discounts to certain event organizers that are recorded as contract liabilities and are recognized as a reduction of revenue. These amounts are included in the Condensed Consolidated Balance Sheets under the caption “Contract liabilities”. GES capitalizes certain incremental costs incurred in obtaining and fulfilling contracts. Capitalized costs principally relate to direct costs of materials and services incurred in fulfilling services of future exhibitions, conferences, and events, and also include incentives and commissions incurred upon contract signing. Costs associated with preliminary contract activities (i.e. proposal activities) are expensed as incurred. Capitalized contract costs are expensed upon the transfer of the related goods or services and are included in cost of services or cost of products sold, as applicable. The deferred incremental costs of obtaining and fulfilling contracts are included in the Condensed Consolidated Balance Sheets under the captions “Current contract costs” and “Other investments and assets.” These amounts were previously reported in inventories under “Work in process.” We elected to apply the following practical expedients related to performance obligations: Not to disclose the amount of consideration allocated to the remaining performance obligations or an explanation of when we expect to recognize that amount as revenue as of December 31, 2017 and not to disclose the value of unsatisfied performance obligations for contracts with an original duration of one year or less because the vast majority of our contract liabilities relate to future exhibitions and events that will occur within the next 12 months. Contract Liabilities Changes to contract liabilities are as follows: (in thousands) Balance at January 1, 2018 $ 31,981 Cash additions 38,241 Revenue recognized (18,526 ) Foreign exchange translation adjustment 195 Balance at March 31, 2018 $ 51,891 Contract Costs Capitalized contract costs were $27.2 million as of March 31, 2018 and $16.9 million as of December 31, 2017. The contract costs as of March 31, 2018 consisted of $3.7 million to obtain contracts and $23.5 million to fulfill contracts. During the three months ended March 31, 2018, $8.6 million of the December 31, 2017 balance was recognized in cost of services or products and $18.6 million of costs remained deferred. We did not recognize an impairment loss with respect to capitalized contract costs. Disaggregation of Revenue The following tables disaggregate revenue of GES and Pursuit by major product line, timing of revenue recognition, and markets served: GES Three Months Ended March 31, 2018 (in thousands) GES U.S. GES International Intersegment Eliminations Total Services: Core services $ 163,367 $ 46,213 $ — $ 209,580 Audio-visual 17,084 3,168 — 20,252 Event technology 8,035 3,274 — 11,309 Intersegment eliminations — — (3,348 ) (3,348 ) Total services 188,486 52,655 (3,348 ) 237,793 Products: Core products 15,382 14,531 — 29,913 Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Timing of revenue recognition: Services transferred over time $ 188,486 $ 52,654 $ — $ 241,140 Products transferred over time 10,592 4,107 — 14,699 Products transferred at a point in time 4,790 10,425 — 15,215 Intersegment eliminations — — (3,348 ) (3,348 ) Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Markets: Exhibitions $ 130,494 $ 55,330 $ — $ 185,824 Conferences 37,816 6,661 — 44,477 Corporate events 29,444 4,860 — 34,304 Consumer events 6,114 335 — 6,449 Intersegment eliminations — — (3,348 ) (3,348 ) Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Pursuit Three Months Ended (in thousands) March 31, 2018 Services: Accommodations $ 1,705 Admissions 3,579 Transportation 2,369 Travel planning 308 Intersegment eliminations (206 ) Total services revenue 7,755 Products: Food and beverage 1,219 Retail operations 748 Total products revenue 1,967 Total revenue $ 9,722 Timing of revenue recognition: Services transferred over time $ 7,755 Products transferred at a point in time 1,967 Total revenue $ 9,722 Markets: Banff Jasper Collection $ 7,089 Alaska Collection 213 Glacier Park Collection 626 FlyOver 1,794 Total revenue $ 9,722 Balance Sheet Reclassifications In connection with the adoption of Topic 606, we made the following reclassifications to separately present contract costs and contract liabilities on the Condensed Consolidated Balance Sheet as of December 31, 2017: December 31, 2017 (in thousands) As Previously Reported Reclassifications As Adjusted Cash and cash equivalents $ 53,723 — $ 53,723 Accounts receivable, net 104,811 — 104,811 Inventories (1) 30,372 (12,822 ) 17,550 Current contract costs (1) — 13,436 13,436 Other current assets (1) 21,030 (1,289 ) 19,741 Property and equipment, net 305,571 — 305,571 Other investments and assets (1) 47,512 675 48,187 Deferred income taxes 23,548 — 23,548 Goodwill 270,551 — 270,551 Other intangible assets, net 62,781 — 62,781 Total assets $ 919,899 — $ 919,899 Accounts payable $ 77,380 — $ 77,380 Customer deposits (2) 33,415 (33,415 ) — Contract liabilities (2) — 31,981 31,981 Accrued compensation 30,614 — 30,614 Other current liabilities (2) 38,720 1,434 40,154 Debt and capital lease obligations, current and long-term 209,192 — 209,192 Pension and postretirement benefits 28,135 — 28,135 Other deferred items and liabilities 52,858 — 52,858 Total liabilities 470,314 — 470,314 Redeemable noncontrolling interest 6,648 — 6,648 Total stockholders' equity (3) 442,937 — 442,937 Total liabilities and stockholders' equity $ 919,899 — $ 919,899 (1) Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million. (2) In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation. (3) The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	Note 3. Share-Based Compensation The following table summarizes share-based compensation expense: Three Months Ended March 31, (in thousands) 2018 2017 Performance unit incentive plan (“PUP”) $ 194 $ 1,316 Restricted stock 503 623 Restricted stock units 20 60 Share-based compensation before income tax benefit 717 1,999 Income tax benefit (181 ) (744 ) Share-based compensation, net of income tax benefit $ 536 $ 1,255 We did not record any share-based compensation expense through restructuring expense during the three months ended March 31, 2018 or 2017. The following table summarizes the activity of the outstanding share-based compensation awards: PUP Awards Restricted Stock Restricted Stock Units Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Balance at December 31, 2017 239,338 $ 32.80 206,899 $ 33.16 12,750 $ 30.94 Granted 71,625 $ 52.15 41,457 $ 52.15 3,669 $ 52.28 Vested (75,761 ) $ 27.29 (54,458 ) $ 27.35 (4,300 ) $ 27.35 Forfeited — $ — (1,156 ) $ 36.37 (258 ) $ 37.69 Balance at March 31, 2018 235,202 $ 40.46 192,742 $ 38.87 11,861 $ 38.70 Viad Corp Omnibus Incentive Plan We grant share-based compensation awards to our officers, directors, and certain key employees pursuant to the 2017 Viad Corp Omnibus Incentive Plan (the “2017 Plan”). The 2017 Plan has a 10-year life and provides for the following types of awards: (a) incentive and non-qualified stock options; (b) restricted stock and restricted stock units; (c) performance units or performance shares; (d) stock appreciation rights; (e) cash-based awards; and (f) certain other stock-based awards. In June 2017, we registered 1,750,000 shares of common stock issuable under the 2017 Plan. As of March 31, 2018, there were 1,672,566 shares available for future grant under the 2017 Plan. PUP Awards The vesting of PUP award shares is based upon achievement of certain performance-based criteria. The performance period of the shares is three years. During the three months ended March 31, 2018, we granted $3.7 million PUP awards of which $1.6 million are payable in shares. Liabilities related to PUP awards were $5.1 million as of March 31, 2018 and $11.0 million as of December 31, 2017. In March 2018, PUP awards granted in 2015 vested and we distributed cash payouts of $5.9 million. In March 2017, PUP awards granted in 2014 vested and we distributed cash payouts of $3.7 million. Restricted Stock As of March 31, 2018, the unamortized cost of outstanding restricted stock awards was $4.1 million, which we expect to recognize over a weighted-average period of approximately 1.5 years. We repurchased 16,362 shares for $0.9 million during the three months ended March 31, 2018 and 25,642 shares for $1.2 million during the three months ended March 31, 2017 related to tax withholding requirements on vested share-based awards. Restricted Stock Units Aggregate liabilities related to restricted stock units were $0.3 million as of March 31, 2018 and $0.5 million as of December 31, 2017. In February 2018, the 2015 restricted stock units vested and we distributed cash payouts of $0.2 million. In February 2017, portions of the 2012 and 2014 restricted stock units vested and we distributed cash payouts of $0.3 million. Stock Options The following table summarizes stock option activity: Shares Weighted-Average Exercise Price Options outstanding and exercisable at December 31, 2017 63,773 $ 16.62 Exercised (5,084 ) $ 16.62 Options outstanding and exercisable at March 31, 2018 58,689 $ 16.62

Acquisition of Business

Acquisition of Business	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Acquisition of Business	Note 4. Acquisition of Business Esja On November 3, 2017, we acquired the controlling interest (54.5% of the common stock) in Esja, a private corporation in Reykjavik, Iceland. Esja is developing and will operate a new FlyOver Iceland attraction, which is expected to open in 2019. The purchase price was €8.2 million (approximately $9.5 million) in cash, which included a put option that gives the minority Esja shareholders the right to sell (or “put”) their Esja shares to us based on a calculated formula within a predefined term. The noncontrolling interest’s carrying value is determined by the fair value of the noncontrolling interest as of the acquisition date, the noncontrolling interest’s share of the subsequent net income or loss, and the accretion of the redemption value of the put option. As of the transaction date, the fair value of the noncontrolling interest was estimated to be $6.7 million. The fair value of the noncontrolling interest was finalized as of March 31, 2018 with no adjustments. Refer to Note 20 – Redeemable Noncontrolling Interest for additional information. Under the acquisition method of accounting, the purchase price is allocated to the assets acquired and liabilities assumed based on their estimated fair values. The excess purchase price over fair value of net assets acquired is recorded as goodwill. Goodwill is included in the Pursuit business group and the primary factor that contributed to the purchase price resulting in the recognition of goodwill relates to future income from operations after opening in 2019. Goodwill is deductible for tax purposes. Transaction costs associated with the acquisition of Esja were $0.1 million in 2018 and 2017, which are included in corporate activities in the Condensed Consolidated Statements of Operations. The Esja results of operations have been included in the condensed consolidated financial statements from the date of acquisition. During the three months ended March 31, 2018, Esja had an operating loss of $0.2 million, representing start-up costs.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Inventories	Note 5. Inventories The components of inventories consisted of the following: March 31, December 31, (in thousands) 2018 2017 Raw materials $ 17,514 $ 17,550 Work in process (1) — — Inventories $ 17,514 $ 17,550 (1) Upon the adoption of Topic 606, the deferred incremental costs of obtaining and fulfilling contracts that were previously reported in Inventories under “Work in process” are currently reported under “Current contract costs” and “Other investments and assets.” Refer to Note 2 –

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2018
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Other Current Assets	Note 6. Other Current Assets Other current assets consisted of the following: March 31, December 31, (in thousands) 2018 2017 Income tax receivable $ 5,882 $ 4,237 Prepaid vendor payments 5,298 5,048 Prepaid software maintenance 4,096 3,386 Prepaid insurance 2,260 2,610 Prepaid taxes 786 912 Prepaid rent 788 730 Prepaid other 3,919 2,172 Other 48 646 Other current assets $ 23,077 $ 19,741

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	Note 7. Property and Equipment Property and equipment consisted of the following: March 31, December 31, (in thousands) 2018 2017 Land and land interests $ 32,333 $ 32,544 Buildings and leasehold improvements 233,069 222,118 Equipment and other 359,911 351,676 Gross property and equipment 625,313 606,338 Accumulated depreciation (308,434 ) (300,767 ) Property and equipment, net $ 316,879 $ 305,571 Depreciation expense was $10.4 million for the three months ended March 31, 2018 and $9.1 million for three months ended March 31, 2017. Non-cash increases to property and equipment related to assets acquired under capital leases were $0.5 million for the three months ended March 31, 2018 and $0.4 million for the three months ended March 31, 2017. Non-cash increases to property and equipment purchases in accounts payable and accrued liabilities were $0.8 million for the three months ended March 31, 2018 and $1.5 million for the three months ended March 31, 2017.

Other Investments and Assets

Other Investments and Assets	3 Months Ended
	Mar. 31, 2018
Investments All Other Investments [Abstract]
Other Investments and Assets	Note 8. Other Investments and Assets Other investments and assets consisted of the following: March 31, December 31, (in thousands) 2018 2017 Cash surrender value of life insurance $ 24,026 $ 23,947 Self-insured liability receivable 10,442 10,442 Contract costs (1) 4,588 3,442 Workers’ compensation insurance security deposits 3,550 3,550 Other mutual funds 2,823 2,637 Other 3,360 4,169 Other investments and assets $ 48,789 $ 48,187 (1) Upon the adoption of Topic 606, the deferred incremental costs of obtaining and fulfilling contracts that were previously reported in Inventories under “Work in process” are currently reported under “Current contract costs” and “Other investments and assets.” Refer to Note 2 –

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 9. Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill are as follows: (in thousands) GES U.S. GES International Pursuit Total Balance at December 31, 2017 $ 148,277 $ 38,840 $ 83,434 $ 270,551 Foreign currency translation adjustments — 931 (1,688 ) (757 ) Balance at March 31, 2018 $ 148,277 $ 39,771 $ 81,746 $ 269,794 Other intangible assets consisted of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Amortized intangible assets: Customer contracts and relationships $ 69,074 $ (25,930 ) $ 43,144 $ 68,798 $ (23,696 ) $ 45,102 Operating contracts and licenses 9,702 (1,086 ) 8,616 9,951 (1,094 ) 8,857 Tradenames 8,656 (3,137 ) 5,519 8,633 (2,873 ) 5,760 Non-compete agreements 5,395 (3,356 ) 2,039 5,363 (3,007 ) 2,356 Other 1,699 (682 ) 1,017 896 (650 ) 246 Total amortized intangible assets 94,526 (34,191 ) 60,335 93,641 (31,320 ) 62,321 Unamortized intangible assets: Business licenses 460 — 460 460 — 460 Other intangible assets $ 94,986 $ (34,191 ) $ 60,795 $ 94,101 $ (31,320 ) $ 62,781 Intangible asset amortization expense was $2.7 million for the three months ended March 31, 2018 and $3.1 million for the three months ended March 31, 2017. The weighted-average amortization period of customer contracts and relationships is approximately 8.3 years, operating contracts and licenses is approximately 26.1 years, tradenames is approximately 6.8 years, non-compete agreements is approximately 2.0 years, and other amortizable intangible assets is approximately 8.3 years. The estimated future amortization expense related to amortized intangible assets held at March 31, 2018 is as follows: (in thousands) Year ending December 31, Remainder of 2018 $ 8,450 2019 10,042 2020 8,537 2021 7,537 2022 5,986 Thereafter 19,783 Total $ 60,335

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Mar. 31, 2018
Other Liabilities Current [Abstract]
Other Current Liabilities	Note 10. Other Current Liabilities Other current liabilities consisted of the following: March 31, December 31, (in thousands) 2018 2017 Continuing operations: Commissions payable $ 10,569 $ 3,235 Self-insured liability 5,894 6,208 Accrued employee benefit costs 5,442 2,915 Accommodation services deposits (1) 5,090 2,540 Accrued sales and use taxes 4,298 2,431 Accrued dividends 2,095 2,094 Current portion of pension and postretirement liabilities 1,921 2,109 Deferred rent 1,691 1,679 Accrued professional fees 1,328 1,020 Accrued restructuring 461 722 Accrued income tax payable 113 7,518 Accrued rebates (2) — — Other taxes 2,570 2,750 Other 8,234 3,852 Total continuing operations 49,706 39,073 Discontinued operations: Environmental remediation liabilities 675 648 Self-insured liability 346 337 Other 90 96 Total discontinued operations 1,111 1,081 Total other current liabilities $ 50,817 $ 40,154 (1) Upon the adoption of Topic 606, we present customer deposits as “Contract liabilities” as they are received prior to transferring the related product or service to the customer. We recognize revenue upon satisfaction of the related contract performance obligation(s). Deposits received from GES’ events accommodation services are not classified as contract liabilities as they are deposits from hotel guests that are passed on to the hotels. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional information. (2) Upon the adoption of Topic 606, we reclassified $1.1 million of accrued rebates to “Contract liabilities” on the December 31, 2017 Condensed Consolidated Balance Sheet as they represent future performance obligations. Refer to Note 2 –

Other Deferred Items and Liabil

Other Deferred Items and Liabilities	3 Months Ended
	Mar. 31, 2018
Other Liabilities Disclosure [Abstract]
Other Deferred Items and Liabilities	Note 11. Other Deferred Items and Liabilities Other deferred items and liabilities consisted of the following: March 31, December 31, (in thousands) 2018 2017 Continuing operations: Self-insured liability $ 13,139 $ 12,918 Self-insured excess liability 10,442 10,442 Foreign deferred tax liability 8,267 8,267 Accrued compensation 5,628 9,740 Deferred rent 3,744 3,855 Accrued restructuring 1,754 1,827 Other 1,439 1,305 Total continuing operations 44,413 48,354 Discontinued operations: Self-insured liability 2,471 2,557 Environmental remediation liabilities 1,669 1,728 Other 233 219 Total discontinued operations 4,373 4,504 Total other deferred items and liabilities $ 48,786 $ 52,858

Debt and Capital Lease Obligati

Debt and Capital Lease Obligations	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Debt and Capital Lease Obligations	Note 12. Debt and Capital Lease Obligations The components of long-term debt and capital lease obligations consisted of the following: March 31, December 31, (in thousands, except interest rates) 2018 2017 Revolving credit facility and term loan 3.4% weighted-average interest rate at March 31, 2018 and 3.1% at December 31, 2017, due through 2019 (1) $ 212,831 $ 207,322 Brewster Inc. revolving credit facility 3.0% weighted-average interest rate at March 31, 2018 (1) 15,498 — Less unamortized debt issuance costs (850 ) (984 ) Total debt 227,479 206,338 Capital lease obligations 4.1% weighted-average interest rate at March 31, 2018 and 3.8% at December 31, 2017, due through 2021 3,839 2,854 Total debt and capital lease obligations 231,318 209,192 Current portion (2) (178,252 ) (152,599 ) Long-term debt and capital lease obligations $ 53,066 $ 56,593 (1) Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees. (2) Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year. Effective December 22, 2014, we entered into a $300 million Amended and Restated Credit Agreement (the “Credit Agreement”). The Credit Agreement provides for a senior credit facility in the aggregate amount of $300 million, which consists of a $175 million revolving credit facility (the “Revolving Credit Facility”) and a $125 million term loan (the “Term Loan”). The Credit Agreement has a maturity date of December 22, 2019. Proceeds from the loans made under the Credit Agreement were used to refinance certain of our outstanding debt and will be used for general corporate purposes in the ordinary course of business. Under the Credit Agreement, either or both of the Revolving Credit Facility and the Term Loan may be increased up to an additional $100 million under certain circumstances. If such circumstances are met, we may obtain the additional borrowings under the Revolving Credit Facility, the Term Loan, or a combination of the two. The Revolving Credit Facility has a $40 million sublimit for letters of credit. Borrowings and letters of credit can be denominated in U.S. dollars, Euros, Canadian dollars, or British pounds. Our lenders under the Credit Agreement have a first perfected security interest in all of our personal property including GES, GES Event Intelligence Services, Inc., CATC Alaska Tourism Corporation ON Event Services, LLC (“ON Services”) Effective February 24, 2016, we executed an amendment (“Amendment No. 1”) to the Credit Agreement. Amendment No. 1 modified the terms of the financial covenants and the negative covenants related to acquisitions, restricted payments, and indebtedness. The overall maximum leverage ratio and minimum fixed charge coverage ratio are 3.50 to 1.00 and 1.75 to 1.00, respectively, and will remain at those levels for the entire remaining term of the Credit Agreement. Acquisitions in substantially the same or related lines of business are permitted under Amendment No. 1, as long as the pro forma leverage ratio is less than or equal to 3.00 to 1.00. We can make dividends, distributions, and repurchases of our common stock up to $20 million per calendar year. Stock dividends, distributions, and repurchases above the $20 million limit are not subject to a liquidity covenant, and are permitted as long as our pro forma leverage ratio is less than or equal to 2.50 to 1.00 and no default or unmatured default, as defined in the Credit Agreement, exists. Unsecured debt is allowed as long as our pro forma leverage ratio is less than or equal to 3.00 to 1.00. Significant other covenants under the Credit Agreement that were not affected by Amendment No. 1 include limitations on investments, sales/leases of assets, consolidations or mergers, and liens on property. As of March 31, 2018, the fixed charge coverage ratio was 2.69 to 1.00, the leverage ratio was 1.89 to 1.00, and we were in compliance with all covenants under the Credit Agreement. Effective December 28, 2016, Brewster Inc., part of Pursuit, entered into a credit agreement (the “Brewster Credit Agreement”) with a $38 million revolving credit facility (the “Brewster Revolver”). The Brewster Credit Agreement was used in connection with the FlyOver Canada acquisition in December 2016. Effective December 6, 2017, we amended the Brewster Revolver to reduce the amount to $20 million and extend the maturity date to December 28, 2018. Additional loan proceeds will be used for potential future acquisitions in Canada and other general corporate purposes of Brewster Inc. The lender under the Brewster Revolver has a first perfected security interest in all of Brewster Inc.’s personal property and a guaranty from Brewster Inc.’s immediate parent, Brewster Travel Canada Inc. (secured by its present and future personal property), Viad, and all of its current or future subsidiaries that are required to be guarantors under Viad’s Credit Agreement. The fees on the unused portion of the Brewster Revolver are currently 0.2% annually. As of March 31, 2018, our total debt and capital lease obligations were $231.3 million, consisting of outstanding borrowings under the Term Loan of $70.3 million, the Revolving Credit Facility of $142.5 million, the Brewster Revolver of $15.5 million, and capital lease obligations of $3.8 million, offset in part by unamortized debt issuance costs of $0.9 million. As of March 31, 2018, capacity remaining under the Revolving Credit Facility was $31.2 million, reflecting borrowings of $142.5 million and $1.3 million in outstanding letters of credit. As of March 31, 2018, Brewster Inc. had $4.5 million of capacity remaining under the Brewster Revolver. Borrowings under the Revolving Credit Facility (of which GES, GES Event Intelligence Services, Inc., CATC, and ON Services are guarantors) are indexed to the prime rate or the London Interbank Offered Rate, plus appropriate spreads tied to our leverage ratio. Commitment fees and letters of credit fees are also tied to our leverage ratio. The fees on the unused portion of the Revolving Credit Facility are currently 0.3% annually. The estimated fair value of total debt was $225.1 million as of March 31, 2018 and $203.2 million as of December 31, 2017. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity. Cash paid for interest on debt was $1.9 million for the three months ended March 31, 2018 and $1.5 million for the three months ended March 31, 2017.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 13. Fair Value Measurements The fair value of an asset or liability is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value guidance requires an entity to maximize the use of quoted prices and other observable inputs and minimize the use of unobservable inputs when measuring fair value, and also establishes a fair value hierarchy, which prioritizes the inputs to valuation techniques used to measure fair value as follows: Level 1 - Quoted prices in active markets for identical assets or liabilities. Level 2 - Observable inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value. Money market mutual funds and certain other mutual fund investments are measured at fair value on a recurring basis using Level 1 inputs. The fair value information related to these assets is summarized in the following tables: Fair Value Measurements at Reporting Date Using (in thousands) March 31, 2018 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 119 $ 119 $ — $ — Other mutual funds (2) 2,823 2,823 — — Total assets at fair value on a recurring basis $ 2,942 $ 2,942 $ — $ — Fair Value Measurements at Reporting Date Using (in thousands) December 31, 2017 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 119 $ 119 $ — $ — Other mutual funds (2) 2,637 2,637 — — Total assets at fair value on a recurring basis $ 2,756 $ 2,756 $ — $ — (1) Money market funds are included in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. There have been no realized gains or losses related to these investments and we have not experienced any redemption restrictions with respect to any of the money market mutual funds. (2) Other mutual funds are included in “Other investments and assets” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. Unrealized gains of $1.0 million ($0.6 million after tax) as of December 31, 2017 are included in “Accumulated other comprehensive income (loss)” (“AOCI”) in the Condensed Consolidated Balance Sheets. Upon the adoption of ASU 2016-01, unrealized gains on equity securities classified as available-for-sale are recognized in net income rather than AOCI. We adopted this guidance prospectively, and recognized a cumulative-effect adjustment of $0.6 million to beginning retained earnings. Refer to Note 14 – Stockholders’ Equity for additional information. The carrying values of cash and cash equivalents, receivables, and accounts payable approximate fair value due to the short-term maturities of these instruments. Refer to Note 12 –

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Stockholders' Equity	Note 14. Stockholders’ Equity The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the non-redeemable noncontrolling interest for the three months ended March 31, 2018 and 2017: (in thousands) Total Viad Stockholders’ Equity Non-redeemable Noncontrolling Interest Total Stockholders’ Equity Balance at December 31, 2017 $ 429,131 $ 13,806 $ 442,937 Net loss (9,387 ) (364 ) (9,751 ) Dividends on common stock ($0.10 per share) (2,046 ) — (2,046 ) Common stock purchased for treasury (868 ) — (868 ) Employee benefit plans 1,938 — 1,938 Unrealized foreign currency translation adjustment (3,109 ) — (3,109 ) Other changes to AOCI 445 — 445 Other (67 ) — (67 ) Balance at March 31, 2018 $ 416,037 $ 13,442 $ 429,479 (in thousands) Total Viad Stockholders’ Equity Non-redeemable Noncontrolling Interest Total Stockholders’ Equity Balance at December 31, 2016 $ 357,355 $ 13,283 $ 370,638 Net income (loss) 6,777 (264 ) 6,513 Dividends on common stock ($0.10 per share) (2,038 ) — (2,038 ) Common stock purchased for treasury (1,204 ) — (1,204 ) Employee benefit plans 1,779 — 1,779 Unrealized foreign currency translation adjustment 2,345 — 2,345 Other changes to AOCI 95 — 95 Other (92 ) — (92 ) Balance at March 31, 2017 $ 365,017 $ 13,019 $ 378,036 Changes in AOCI by component are as follows: (in thousands) Unrealized Gains on Investments Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ 616 $ (12,026 ) $ (11,158 ) $ (22,568 ) Adoption of ASU 2016-01 (1) (616 ) — — (616 ) Other comprehensive income before reclassifications — (3,109 ) — (3,109 ) Amounts reclassified from AOCI, net of tax — — 445 445 Net other comprehensive income (loss) (616 ) (3,109 ) 445 (3,280 ) Balance at March 31, 2018 $ — $ (15,135 ) $ (10,713 ) $ (25,848 ) (1) Upon the adoption of ASU 2016-01, we recorded a cumulative-effect adjustment from unrealized gains on investments to beginning retained earnings. Amounts reclassified that relate to our defined benefit pension and postretirement plans include the amortization of prior service costs and actuarial net losses recognized during the three months ended March 31, 2018 and 2017. These costs are recorded as components of net periodic cost for each period presented. Refer to Note 17 – Pension and Postretirement Benefits for additional information. Amounts reclassified that relate to unrealized gains on equity securities classified as available-for-sale include $1.0 million ($0.6 million after tax) as of December 31, 2017. Upon the adoption of ASU 2016-01, unrealized gains on equity securities are recognized in net income. Refer to Note 13 – Fair Value Measurements for additional information. Noncontrolling interests with redemption features that are not solely within our control are considered redeemable noncontrolling interests. Redeemable noncontrolling interest is considered temporary equity and we report it between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets. Refer to Note 20 – Redeemable Noncontrolling Interest for additional information.

Income Per Share

Income Per Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Income Per Share	Note 15. Income Per Share The components of basic and diluted income per share are as follows: Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income (loss) attributable to Viad (diluted) $ (9,387 ) $ 6,777 Less: Allocation to non-vested shares — (89 ) Adjustment to the redemption value of redeemable noncontrolling interest (38 ) — Net income (loss) allocated to Viad common stockholders (basic) $ (9,425 ) $ 6,688 Basic weighted-average outstanding common shares 20,207 20,083 Additional dilutive shares related to share-based compensation — 263 Diluted weighted-average outstanding shares 20,207 20,346 Income (loss) per share: Basic income (loss) attributable to Viad common stockholders $ (0.47 ) $ 0.33 Diluted income (loss) attributable to Viad common stockholders (1) $ (0.47 ) $ 0.33 (1) Diluted income (loss) per share amount cannot exceed basic income (loss) per share.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 16. Income Taxes The effective tax rate was 30.1% for the three months ended March 31, 2018 and 27.2% for the three months ended March 31, 2017. The income tax provision was computed based on the estimated annualized effective tax rate on the full-year forecasted income plus the tax impact of any unusual, infrequent, or non-recurring items during the period. The effective tax rate for the three months ended March 31, 2018 was greater than the federal statutory rate of 21% primarily due to foreign income taxed at higher rates and the impact of U.S. tax reform, specifically the global intangible low-taxed income (“GILTI”) tax on global income, certain non-deductible business expenses and the increase in the effective state tax rate. The effective tax rate for the three months ended March 31, 2017 was less than the federal statutory rate of 35% primarily due to the excess tax benefit on share-based compensation. As of March 31, 2018, we have not updated any provisional estimates included in the financial statements as of December 31, 2017 for the impact of the Tax Act, but expect to complete the analysis and record any adjustments within the one year period provided under SEC Staff Accounting Bulletin 118. We updated our current year estimate of the GILTI tax and have included the GILTI tax that cannot be fully offset by foreign tax credits generated in our annualized effective tax rate. The guidance and interpretation of the GILTI tax has not been finalized and it is possible that our estimate will change. Cash paid for income taxes was $9.1 million for the three months ended March 31, 2018 and $2.5 million for the three months ended March 31, 2017.

Pension and Postretirement Bene

Pension and Postretirement Benefits	3 Months Ended
	Mar. 31, 2018
Compensation And Retirement Disclosure [Abstract]
Pension and Postretirement Benefits	Note 17. Pension and Postretirement Benefits The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended March 31, 2018 and 2017 consist of the following: Domestic Plans Pension Plans Postretirement Benefit Plans Foreign Pension Plans (in thousands) 2018 2017 2018 2017 2018 2017 Service cost $ 2 $ 9 $ 24 $ 30 $ 142 $ 130 Interest cost 187 229 94 126 92 114 Expected return on plan assets (35 ) (39 ) — — (129 ) (148 ) Amortization of prior service credit — — (84 ) (111 ) — — Recognized net actuarial loss 122 136 52 100 41 45 Net periodic benefit cost $ 276 $ 335 $ 86 $ 145 $ 146 $ 141 We expect to contribute $1.1 million to our funded pension plans, $1.0 million to our unfunded pension plans, and $1.1 million to our postretirement benefit plans in 2018. During the three months ended March 31, 2018, we contributed $0.2 million to our funded pension plans, $0.2 million to our unfunded pension plans, and $0.3 million to our postretirement benefit plans.

Restructuring Charges

Restructuring Charges	3 Months Ended
	Mar. 31, 2018
Restructuring And Related Activities [Abstract]
Restructuring Charges	Note 18. Restructuring Charges GES We have taken certain restructuring actions designed to reduce our cost structure primarily within GES. We implemented a strategic reorganization plan in order to consolidate the separate business units within GES U.S. We also consolidated facilities and streamlined our operations in the U.S., Canada, and the United Kingdom. As a result, we recorded restructuring charges primarily consisting of severance and related benefits as a result of workforce reductions and charges related to the consolidation and downsizing of facilities representing the remaining operating lease obligations (net of estimated sublease income) and related costs. Other Restructurings We recorded restructuring charges in connection with certain reorganization activities within Pursuit. These charges primarily consist of severance and related benefits due to headcount reductions. Changes to the restructuring liability by major restructuring activity are as follows: GES Other Restructurings (in thousands) Severance & Employee Benefits Facilities Severance & Employee Benefits Total Balance at December 31, 2017 $ 1,551 $ 807 $ 191 $ 2,549 Restructuring charges 32 — 130 162 Cash payments (167 ) (20 ) (295 ) (482 ) Adjustment to liability 451 (451 ) (14 ) (14 ) Balance at March 31, 2018 $ 1,867 $ 336 $ 12 $ 2,215 As of March 31, 2018, the liabilities related to severance and employee benefits are expected to be paid by the end of 2020. Additionally, the liability related to future lease payments will be paid over the remaining lease terms for GES. Refer to Note 21 –

Litigation, Claims, Contingenci

Litigation, Claims, Contingencies and Other	3 Months Ended
	Mar. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Litigation, Claims, Contingencies and Other	Note 19. Litigation, Claims, Contingencies, and Other We are plaintiffs or defendants to various actions, proceedings, and pending claims, some of which involve, or may involve, compensatory, punitive, or other damages. Litigation is subject to many uncertainties and it is possible that some of the legal actions, proceedings, or claims could be decided against us. Although the amount of liability as of March 31, 2018 with respect to these matters is not ascertainable, we believe that any resulting liability, after taking into consideration amounts already provided for and insurance coverage, will not have a material effect on our business, financial position, or results of operations. We are subject to various U.S. federal, state, and foreign laws and regulations governing the prevention of pollution and the protection of the environment in the jurisdictions in which we have or had operations. If we fail to comply with these environmental laws and regulations, civil and criminal penalties could be imposed and we could become subject to regulatory enforcement actions in the form of injunctions and cease and desist orders. As is the case with many companies, we also face exposure to actual or potential claims and lawsuits involving environmental matters relating to our past operations. As of March 31, 2018, we had recorded environmental remediation liabilities of $2.3 million related to previously sold operations. Although we are a party to certain environmental disputes, we believe that any resulting liabilities, after taking into consideration amounts already provided for and insurance coverage, will not have a material effect on our financial position or results of operations. As of March 31, 2018, on behalf of our subsidiaries, we had certain obligations under guarantees to third parties. These guarantees are not subject to liability recognition in the condensed consolidated financial statements and relate to leased facilities entered into by our subsidiary operations. We would generally be required to make payments to the respective third parties under these guarantees in the event that the related subsidiary could not meet its own payment obligations. The maximum potential amount of future payments that we would be required to make under all guarantees existing as of March 31, 2018 would be $19.1 million. These guarantees relate to our leased facilities through October 2027. There are no recourse provisions that would enable us to recover from third parties any payments made under the guarantees. Furthermore, there are no collateral or similar arrangements whereby we could recover payments. A significant number of our employees are unionized and we are a party to approximately 100 collective-bargaining agreements, with approximately one-third requiring renegotiation each year. If we are unable to reach an agreement with a union during the collective-bargaining process, the union may call for a strike or work stoppage, which may, under certain circumstances, adversely impact our business and results of operations. We believe that relations with our employees are satisfactory and that collective-bargaining agreements expiring in 2018 will be renegotiated in the ordinary course of business without having a material adverse effect on our operations. We entered into showsite and warehouse agreements with the Chicago Teamsters Local 727, effective January 1, 2014, and those agreements contain provisions that allow the parties to re-open negotiation of the agreements on pension-related issues. We are in informal discussions regarding those issues with all relevant parties to resolve those issues in a manner that will be reasonable and equitable to employees, customers, and shareholders. Although our labor relations are currently stable, disruptions pending the outcome of the Chicago Teamsters Local 727 negotiations could occur, as they could with any collective-bargaining agreement negotiation, with the possibility of an adverse impact on the operating results of GES. Our business contributes to various multi-employer pension plans based on obligations arising under collective-bargaining agreements covering our union-represented employees. Based upon the information available from plan administrators, we believe that several of these multi-employer plans are underfunded. The Pension Protection Act of 2006 requires pension plans underfunded at certain levels to reduce, over defined time periods, the underfunded status. In addition, under current laws, the termination of a plan, or a voluntary withdrawal from a plan by us, or a shrinking contribution base to a plan as a result of the insolvency or withdrawal of other contributing employers to such plan, would require us to make payments to such plan for our proportionate share of the plan’s unfunded vested liabilities. As of March 31, 2018, the amount of additional funding, if any, that we would be required to make related to multi-employer pension plans is not ascertainable. We are self-insured up to certain limits for workers’ compensation, employee health benefits, automobile, product and general liability, and property loss claims. The aggregate amount of insurance liabilities (up to our retention limit) related to our continuing operations was $19.0 million as of March 31, 2018 which includes $13.6 million related to workers’ compensation liabilities, and $5.4 million related to general/auto liability claims. We have also retained and provided for certain insurance liabilities in conjunction with previously sold businesses of $2.8 million as of March 31, 2018, related to workers’ compensation liabilities. Provisions for losses for claims incurred, including estimated claims incurred but not yet reported, are made based on our historical experience, claims frequency, and other factors. A change in the assumptions used could result in an adjustment to recorded liabilities. We have purchased insurance for amounts in excess of the self-insured levels, which generally range from $0.2 million to $0.5 million on a per claim basis. We do not maintain a self-insured retention pool fund as claims are paid from current cash resources at the time of settlement. Our net cash payments in connection with these insurance liabilities were $1.5 million for the three months ended March 31, 2018 and $1.3 million for the three months ended March 31, 2017. In addition, as of March 31, 2018, we have recorded insurance liabilities of $10.4 million related to continuing operations, which represents the amount for which we remain the primary obligor after self-insured insurance limits, without taking into consideration the above-referenced insurance coverage. Of this total, $6.9 million related to workers’ compensation liabilities and $3.5 million related to general/auto liability claims which are recorded in other deferred items and liabilities in the Condensed Consolidated Balance Sheets with a corresponding receivable in other investments.

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interest	3 Months Ended
	Mar. 31, 2018
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	Note 20. Redeemable Noncontrolling Interest On November 3, 2017, we acquired the controlling interest (54.5% of the common stock) in Esja, a private corporation in Reykjavik, Iceland, which is developing and will operate a new FlyOver Iceland attraction. The Esja acquisition contains a put option that gives the minority Esja shareholders the right to sell (or “put”) their Esja shares to us based on a multiple of 5.0x EBITDA as calculated on the trailing 12 months from the most recently completed quarter before the put option exercise. The put option is only exercisable after 36 months of business operation (the “Reference Date”) and if the FlyOver Iceland attraction has earned a minimum of €3.25 million in unadjusted EBITDA during the most recent fiscal year and during the trailing 12-month period prior to exercise (the “Put Option Condition”). The put option is exercisable during a period of 12 months following the Reference Date (the “Option Period”) and if the Put Option Condition has been met. If the Put Option Condition has not been met during the first Option Period, the Reference Date will be extended for an additional 12 months up to three times. If after 72 months, the FlyOver Iceland attraction has not achieved the Put Option Condition, the put option expires. If the Put Option Condition is met during any of the Option Periods, yet the shares are not exercised prior to the end of the 12-month Option Period, the put option will expire. The noncontrolling interest’s carrying value is determined by the fair value of the noncontrolling interest as of the acquisition date, the noncontrolling interest’s share of the subsequent net income or loss. This value is benchmarked against the redemption value of the sellers’ put option. The carrying value is adjusted to the latter, provided that it does not fall below the initial carrying value, as determined by the purchase price allocation. We have made a policy election to reflect any changes caused by such an adjustment to retained earnings, rather than to current earnings. Changes in the redeemable noncontrolling interest is as follows: (in thousands) Balance at December 31, 2017 $ 6,648 Net loss attributable to redeemable noncontrolling interest (84 ) Adjustment to the redemption value 38 Foreign currency translation adjustment 348 Balance at March 31, 2018 $ 6,950

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Segment Information	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 March 31, (in thousands) 2018 2017 Revenue: GES: U.S. $ 203,868 $ 257,211 International 67,186 63,899 Intersegment eliminations (3,348 ) (3,239 ) Total GES 267,706 317,871 Pursuit 9,722 7,936 Total revenue $ 277,428 $ 325,807 Segment operating income (loss): GES: U.S. $ (1,556 ) $ 21,346 International 2,136 2,033 Total GES 580 23,379 Pursuit (11,395 ) (10,275 ) Segment operating income (loss) (10,815 ) 13,104 Corporate eliminations (1) 16 16 Corporate activities (2,217 ) (2,541 ) Operating income (loss) (13,016 ) 10,579 Interest income 84 58 Interest expense (2,069 ) (2,105 ) Other expense (2) (238 ) (452 ) Restructuring recoveries (charges): GES U.S. — (24 ) GES International (32 ) (233 ) Pursuit (140 ) — Corporate 10 (137 ) Impairment recoveries: Pursuit — 2,384 Income (loss) from continuing operations before income taxes $ (15,401 ) $ 10,070 (1) (2)

Overview and Basis of Present28

Overview and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Nature of Business	Nature of Business We are an international experiential services company with operations principally in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates. We are committed to providing unforgettable experiences to our clients and guests. We operate through three reportable business segments: GES U.S., GES International (collectively, “GES”), and Pursuit. GES GES is a global, full-service provider for live events. GES’ clients include event organizers and corporate brand marketers. Event organizers schedule and run the event from start to finish. Corporate brand marketers include exhibitors and domestic and international corporations that want to promote their brands, services and innovations, feature new products, and build business relationships. GES serves corporate brand marketers when they exhibit at shows and when GES is engaged to manage their global exhibit program or produce their proprietary corporate events. Services and Products Offered GES offers a full suite of services and products for event organizers and corporate brand marketers • Core Services. GES provides official contracting services and products, including the design and production of experiences to material handling, rigging, electrical, and other on-site services. • Audio-Visual. GES offers a variety of high-impact multi-media services and technology, including video and lighting production, digital studio services, entertainment services and talent coordination, projection mapping, and computer rental and support. • Event Technology. GES offers a comprehensive range of event technology services, including event accommodation solutions, registration and data analytics, and event management tools. Markets Served GES provides the above services and products across four live event markets: Exhibitions, Conferences, Corporate Events, and Consumer Events (collectively, “Live Events”). • Exhibitions facilitate business-to-business and business-to-consumer sales and marketing. • Conferences facilitate attendee education and may also include an expo or trade show to further facilitate attendee education and to facilitate business-to-business and business-to-consumer sales and marketing. • Corporate events facilitate attendee education of the sponsoring company’s products or product ecosystem. • Consumer events entertain, educate, or create an experience, typically around a specific genre. Pursuit Pursuit is a collection of iconic natural and cultural destination travel experiences that enjoy perennial demand. Pursuit offers guests distinctive and world renowned experiences through its collection of unique hotels, lodges, recreational attractions, and transportation services Services and Products Offered Pursuit is comprised of four lines of business: Hospitality, including food and beverage services and retail operations; Attractions, including food and beverage services and retail operations; Transportation, and Travel Planning. Services offered to these lines of business (or a subset of these) include accommodations, admissions, transportation, and travel planning. Products offered include food and beverage and retail. Markets Served Pursuit provides the above services and products across the following geographic markets: • Banff Jasper Collection . The Banff Jasper Collection is a leading travel and tourism provider in the Canadian Rockies in Alberta, Canada with two lodging properties in Banff National Park, one lodging property in Jasper National Park, five world-class recreational attractions, food and beverage services, retail operations, sightseeing and transportation services. • Alaska Collection. The Alaska Collection is a leading travel and tourism provider in Alaska with two lodging properties and a sightseeing excursion in Denali National Park and Preserve, a lodge in Talkeetna, Alaska’s top-rated wildlife and glacier cruise, and two lodging properties located near Kenai Fjords National Park. The Alaska Collection also provides food and beverage services and retail operations. • Glacier Park Collection. The Glacier Park Collection is an operator of seven lodging properties, 12 retail shops, and 11 dining outlets in and around Glacier National Park in Montana, and Waterton Lakes National Park in Alberta, Canada, with a leading share of rooms in that market. • FlyOver. o FlyOver Canada, located in Vancouver, British Columbia, is a recreational attraction that provides a virtual flight ride experience that combines motion seating, spectacular media, and visual effects including wind, scents, and mist to give the unforgettable experience of flying across Canada. o FlyOver Iceland is a recreational attraction under construction in Reykjavik, Iceland that will provide a virtual flight ride experience over some of Iceland’s most spectacular scenery and natural wonders with the same effects as FlyOver Canada. The new attraction is expected to open in 2019.
Basis of Presentation	Basis of Presentation Viad’s accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by GAAP or SEC rules and regulations for complete financial statements. These financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of the results for the full year. We have recast certain prior period amounts to conform to the current period presentation due to the adoption of new accounting standards. These unaudited condensed consolidated financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 28, 2018 (“2017 Form 10-K”). The condensed consolidated financial statements include the accounts of Viad and its subsidiaries. All significant intercompany account balances and transactions have been eliminated in consolidation.
Impact of Recent Accounting Pronouncements	Impact of Recent Accounting Pronouncements The following table provides a brief description of recent accounting pronouncements: Standard Description Date of adoption Effect on the financial statements Standards Not Yet Adopted ASU 2016-02 , Leases (Topic 842) The amendment requires lessees to recognize on their balance sheet a right-of-use asset and a lease liability for leases with lease terms greater than one year. The amendment requires additional disclosures about leasing arrangements, and requires a modified retrospective approach to adoption. Early adoption is permitted. January 1, 2019 We are currently evaluating the potential impact the adoption of this new guidance will have on our financial position or results of operations including analyzing our existing operating leases. Based on our current assessment, the adoption of this standard will have a material impact on our Consolidated Balance Sheets as we will be required to record right-of-use assets and lease liabilities for our leases. Our Consolidated Statement of Operations is not expected to be materially impacted. We expect the most significant impact will relate to facility and equipment leases, which are currently recorded as operating leases. We are continuing our assessment, which may identify other impacts. We will adopt the standard on January 1, 2019. ASU 2018-02 , Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income The amendment addresses the effect of the Tax Cuts and Jobs Act (the “Tax Act”) on items within accumulated other comprehensive income (“AOCI”). Under current GAAP, the effects of changes in tax rates and laws on deferred tax balances are recorded as a component of income tax expense in the period in which the law was enacted. When deferred tax balances related to items originally recorded in AOCI are adjusted, certain tax effects become stranded in AOCI. This amendment allows a reclassification from AOCI to retained earnings for stranded tax effects. Early adoption is permitted. January 1, 2019 We are currently evaluating the impact of the adoption of this new guidance on our consolidated financial statements and related disclosures. Refer to Note 16 – Income Taxes for additional information. Standard Description Date of adoption Effect on the financial statements Standards Recently Adopted ASU 2014-09 , Revenue from Contracts with Customers (Topic 606) The standard established a new recognition model that requires revenue to be recognized in a manner to depict the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. January 1, 2018 We adopted ASU 2014-09 and its related amendments (collectively, “Topic 606”) on January 1, 2018 using the modified retrospective transition method. The cumulative effect of initially applying the new standard as an adjustment to the opening balance of retained earnings was determined to be immaterial (less than $0.2 million) and, therefore, no adjustment was made. The adoption of this standard did not have a material impact on our consolidated financial statements. The impact primarily related to the deferral of certain commissions which were previously expensed as incurred but are now capitalized and amortized over the period of contract performance, and the deferral of certain costs incurred in connection with trade shows which were previously expensed as incurred but are now capitalized and expensed upon the completion of the show. The new guidance resulted in expanded disclosures and processes to identify performance obligations. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional transition disclosures. ASU 2016-01 , Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities The amendment includes a requirement for equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. January 1, 2018 We adopted this guidance prospectively in the first quarter of 2018 and recorded a cumulative-effect adjustment of $0.6 million to beginning retained earnings. ASU 2017-04 , Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment The amendment eliminates the requirement to estimate the implied fair value of goodwill if it is determined that the carrying amount of a reporting unit exceeds its fair value. Goodwill impairment will now be recognized by the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The amendment should be applied prospectively and is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. January 1, 2018 We early adopted this new guidance on January 1, 2018 on a prospective basis. As a result, we expect the adoption to reduce the complexity surrounding the analysis of goodwill impairment during our annual goodwill impairment tests as of October 31, 2018, or if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. ASU 2017-07 , Compensation - Retirement Benefits (Topic 715) - Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost The amendment requires an employer to disaggregate the service cost components from the other components of net benefit cost. The service cost components are required to be presented in operating income and the other components of net benefit cost are required to be presented outside of operating income. January 1, 2018 We adopted this new standard retrospectively. As a result, we recorded the nonservice cost component of net periodic benefit cost within other expense and $0.5 million was reclassified from operating expenses to other expense for the three months ended March 31, 2017, to conform to current period presentation. See below for additional details on the impact of this adoption on our results of operations. ASU 2018-05 , Income Taxes (Topic 740)—Amendments to SEC paragraphs pursuant to SEC Staff Accounting Bulletin No. 118 This amends ASC 740 to incorporate the requirements of SEC Staff Accounting Bulletin No. 118, which provides guidance on accounting for the tax effects of the Tax Act for SEC registrants who do not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. Upon issuance We recognized the provisional tax impacts of the Tax Act in the fourth quarter of 2017. During the first quarter of 2018, we did not receive any additional information regarding these provisional calculations. As a result, we continue to anticipate finalizing our analysis in connection with the completion of our tax return for 2017 to be filed in 2018. Refer to Note 16 – Income Taxes for additional information. Prior to January 1, 2018, we presented revenue in our Condensed Consolidated Statements of Operations in three separate line items as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Exhibition and event services $ 275,948 Exhibits and environments 41,923 Pursuit services 7,936 Total revenue $ 325,807 In connection with the adoption of Topic 606, we changed the presentation of revenue in our Condensed Consolidated Statements of Operations and now present total services revenue and total products revenue. As a result, we changed the prior reporting period to conform to the current period presentation as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Services $ 290,643 Products 35,164 Total revenue $ 325,807 As a result of the change in presentation of revenue in the Condensed Consolidated Statements of Operations, we also made the following conforming changes to the presentation of cost of services and cost of products. The following table also summarizes the impact of adopting ASU 2017-07 on our Condensed Consolidated Statements of Operations: Three Months Ended March 31, 2017 (in thousands) As Previously Reported Reclassifications to Conform with Revenue Presentation ASU 2017-07 As Newly Reported Cost of services $ 273,609 $ 7,412 $ (383 ) $ 280,638 Cost of products $ 39,514 $ (7,412 ) $ — $ 32,102 Corporate activities $ 2,610 $ — $ (69 ) $ 2,541 Other expense $ — $ — $ 452 $ 452
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported period. Estimates and assumptions are used in accounting for, among other things, the fair value of our reporting units used to perform annual impairment testing of recorded goodwill; allowances for uncollectible accounts receivable; provisions for income taxes, including uncertain tax positions; valuation allowances related to deferred tax assets; liabilities for losses related to self-insured liability claims; liabilities for losses related to environmental remediation obligations; sublease income associated with restructuring liabilities; assumptions used to measure pension and postretirement benefit costs and obligations; assumptions used to determine share-based compensation costs under the fair value method; assumptions in the redemption value of redeemable noncontrolling interests; and allocation of purchase price of acquired businesses. Actual results could differ from these and other estimates.
Revenue Recognition	Revenue Recognition Beginning January 1, 2018, revenue is measured based on a specified amount of consideration in a contract with a customer, net of commissions paid to customers and amounts collected on behalf of third parties. We recognize revenue when a performance obligation is satisfied by transferring control of a product or service to a customer. GES’ service revenue is primarily derived through its comprehensive range of services to event organizers and corporate brand marketers including Core Services, Audio-Visual, and Event Technology . Pursuit’s service revenue is derived through its accommodations, admissions, transportation, and travel planning services. Pursuit’s product revenue is derived through food and beverage and retail sales. Pursuit’s revenue is recognized at the time services are performed or upon delivery of the product. Pursuit’s service revenue is recognized over time as the customer simultaneously receives and consumes the benefits. Pursuit’s product revenue is recognized at a point in time. The following table summarizes the impact of adopting Topic 606 on our unaudited Condensed Consolidated Statement of Operations for the three months ended March 31, 2018: Three Months Ended March 31, 2018 (in thousands) Balances without Adoption of Topic 606 Effect of Change As Reported Revenue: GES services $ 237,793 $ - $ 237,793 GES products $ 29,913 $ - $ 29,913 Pursuit services $ 7,755 $ - $ 7,755 Pursuit products $ 1,967 $ - $ 1,967 Costs and expenses: Costs of services $ 258,142 $ (847 ) $ 257,295 Costs of products $ 31,122 $ - $ 31,122 Income tax benefit $ (4,852 ) $ 214 $ (4,638 ) Net loss $ (10,468 ) $ (633 ) $ (9,835 )
Noncontrolling Interests	Noncontrolling Interests Non-redeemable noncontrolling interest represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to us. Our non-redeemable noncontrolling interest relates to the 20% equity ownership interest that we do not own in Glacier Park, Inc. We report non-redeemable noncontrolling interest within stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of consolidated net income attributable to Viad and the non-redeemable noncontrolling interest is presented in the Condensed Consolidated Statements of Operations. Noncontrolling interests with redemption features that are not solely within our control are considered redeemable noncontrolling interests. The Esja Attractions ehf. (“Esja”)
Insurance Recoveries	Insurance Recoveries Receipts from insurance up to the amount of the recognized losses are considered recoveries and are accounted for when they are probable of receipt. Anticipated proceeds in excess of the recognized loss are considered a gain contingency. A contingency gain for anticipated insurance proceeds in excess of losses already recognized is not recognized until all contingencies relating to the insurance claim have been resolved. Insurance proceeds allocated to business interruption gains are reported as cash flows from operating activities, and proceeds allocated to impairment recoveries are reported as cash flows from investing activities. Insurance proceeds used for capitalizable costs are classified as cash flows from investing activities, and proceeds used for non-capitalizable costs are classified as operating activities.

Overview and Basis of Present29

Overview and Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Revenue in Condensed Consolidated Statement of Operations	Prior to January 1, 2018, we presented revenue in our Condensed Consolidated Statements of Operations in three separate line items as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Exhibition and event services $ 275,948 Exhibits and environments 41,923 Pursuit services 7,936 Total revenue $ 325,807 In connection with the adoption of Topic 606, we changed the presentation of revenue in our Condensed Consolidated Statements of Operations and now present total services revenue and total products revenue. As a result, we changed the prior reporting period to conform to the current period presentation as follows: Three Months Ended (in thousands) March 31, 2017 Revenue: Services $ 290,643 Products 35,164 Total revenue $ 325,807
ASU 2017-07
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Impact of Recent Accounting Pronouncements on Condensed Consolidated Statement of Operations	The following table also summarizes the impact of adopting ASU 2017-07 on our Condensed Consolidated Statements of Operations: Three Months Ended March 31, 2017 (in thousands) As Previously Reported Reclassifications to Conform with Revenue Presentation ASU 2017-07 As Newly Reported Cost of services $ 273,609 $ 7,412 $ (383 ) $ 280,638 Cost of products $ 39,514 $ (7,412 ) $ — $ 32,102 Corporate activities $ 2,610 $ — $ (69 ) $ 2,541 Other expense $ — $ — $ 452 $ 452
Accounting Standards Update 2014-09
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Impact of Recent Accounting Pronouncements on Condensed Consolidated Statement of Operations	The following table summarizes the impact of adopting Topic 606 on our unaudited Condensed Consolidated Statement of Operations for the three months ended March 31, 2018: Three Months Ended March 31, 2018 (in thousands) Balances without Adoption of Topic 606 Effect of Change As Reported Revenue: GES services $ 237,793 $ - $ 237,793 GES products $ 29,913 $ - $ 29,913 Pursuit services $ 7,755 $ - $ 7,755 Pursuit products $ 1,967 $ - $ 1,967 Costs and expenses: Costs of services $ 258,142 $ (847 ) $ 257,295 Costs of products $ 31,122 $ - $ 31,122 Income tax benefit $ (4,852 ) $ 214 $ (4,638 ) Net loss $ (10,468 ) $ (633 ) $ (9,835 )

Revenue and Related Contract 30

Revenue and Related Contract Costs and Contract Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Summary of Changes in Contract Liabilities	Changes to contract liabilities are as follows: (in thousands) Balance at January 1, 2018 $ 31,981 Cash additions 38,241 Revenue recognized (18,526 ) Foreign exchange translation adjustment 195 Balance at March 31, 2018 $ 51,891
Disaggregate Revenue of GES and Pursuit by Major Product Line Timing of Revenue Recognition and Markets Served	The following tables disaggregate revenue of GES and Pursuit by major product line, timing of revenue recognition, and markets served: GES Three Months Ended March 31, 2018 (in thousands) GES U.S. GES International Intersegment Eliminations Total Services: Core services $ 163,367 $ 46,213 $ — $ 209,580 Audio-visual 17,084 3,168 — 20,252 Event technology 8,035 3,274 — 11,309 Intersegment eliminations — — (3,348 ) (3,348 ) Total services 188,486 52,655 (3,348 ) 237,793 Products: Core products 15,382 14,531 — 29,913 Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Timing of revenue recognition: Services transferred over time $ 188,486 $ 52,654 $ — $ 241,140 Products transferred over time 10,592 4,107 — 14,699 Products transferred at a point in time 4,790 10,425 — 15,215 Intersegment eliminations — — (3,348 ) (3,348 ) Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Markets: Exhibitions $ 130,494 $ 55,330 $ — $ 185,824 Conferences 37,816 6,661 — 44,477 Corporate events 29,444 4,860 — 34,304 Consumer events 6,114 335 — 6,449 Intersegment eliminations — — (3,348 ) (3,348 ) Total revenue $ 203,868 $ 67,186 $ (3,348 ) $ 267,706 Pursuit Three Months Ended (in thousands) March 31, 2018 Services: Accommodations $ 1,705 Admissions 3,579 Transportation 2,369 Travel planning 308 Intersegment eliminations (206 ) Total services revenue 7,755 Products: Food and beverage 1,219 Retail operations 748 Total products revenue 1,967 Total revenue $ 9,722 Timing of revenue recognition: Services transferred over time $ 7,755 Products transferred at a point in time 1,967 Total revenue $ 9,722 Markets: Banff Jasper Collection $ 7,089 Alaska Collection 213 Glacier Park Collection 626 FlyOver 1,794 Total revenue $ 9,722
Accounting Standards Update 2014-09
Balance Sheet Reclassifications made to Separately Present Contract Costs and Contract Liabilities in Connection with Adoption of Topic 606	In connection with the adoption of Topic 606, we made the following reclassifications to separately present contract costs and contract liabilities on the Condensed Consolidated Balance Sheet as of December 31, 2017: December 31, 2017 (in thousands) As Previously Reported Reclassifications As Adjusted Cash and cash equivalents $ 53,723 — $ 53,723 Accounts receivable, net 104,811 — 104,811 Inventories (1) 30,372 (12,822 ) 17,550 Current contract costs (1) — 13,436 13,436 Other current assets (1) 21,030 (1,289 ) 19,741 Property and equipment, net 305,571 — 305,571 Other investments and assets (1) 47,512 675 48,187 Deferred income taxes 23,548 — 23,548 Goodwill 270,551 — 270,551 Other intangible assets, net 62,781 — 62,781 Total assets $ 919,899 — $ 919,899 Accounts payable $ 77,380 — $ 77,380 Customer deposits (2) 33,415 (33,415 ) — Contract liabilities (2) — 31,981 31,981 Accrued compensation 30,614 — 30,614 Other current liabilities (2) 38,720 1,434 40,154 Debt and capital lease obligations, current and long-term 209,192 — 209,192 Pension and postretirement benefits 28,135 — 28,135 Other deferred items and liabilities 52,858 — 52,858 Total liabilities 470,314 — 470,314 Redeemable noncontrolling interest 6,648 — 6,648 Total stockholders' equity (3) 442,937 — 442,937 Total liabilities and stockholders' equity $ 919,899 — $ 919,899 (1) Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million. (2) In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation. (3) The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Share-Based Compensation Expense	The following table summarizes share-based compensation expense: Three Months Ended March 31, (in thousands) 2018 2017 Performance unit incentive plan (“PUP”) $ 194 $ 1,316 Restricted stock 503 623 Restricted stock units 20 60 Share-based compensation before income tax benefit 717 1,999 Income tax benefit (181 ) (744 ) Share-based compensation, net of income tax benefit $ 536 $ 1,255
Summary of Activity of the Outstanding Share-Based Compensation Awards	The following table summarizes the activity of the outstanding share-based compensation awards: PUP Awards Restricted Stock Restricted Stock Units Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Balance at December 31, 2017 239,338 $ 32.80 206,899 $ 33.16 12,750 $ 30.94 Granted 71,625 $ 52.15 41,457 $ 52.15 3,669 $ 52.28 Vested (75,761 ) $ 27.29 (54,458 ) $ 27.35 (4,300 ) $ 27.35 Forfeited — $ — (1,156 ) $ 36.37 (258 ) $ 37.69 Balance at March 31, 2018 235,202 $ 40.46 192,742 $ 38.87 11,861 $ 38.70
Summary of Stock Option Activity	Stock Options The following table summarizes stock option activity: Shares Weighted-Average Exercise Price Options outstanding and exercisable at December 31, 2017 63,773 $ 16.62 Exercised (5,084 ) $ 16.62 Options outstanding and exercisable at March 31, 2018 58,689 $ 16.62

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2018
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories consisted of the following: March 31, December 31, (in thousands) 2018 2017 Raw materials $ 17,514 $ 17,550 Work in process (1) — — Inventories $ 17,514 $ 17,550 (1) Upon the adoption of Topic 606, the deferred incremental costs of obtaining and fulfilling contracts that were previously reported in Inventories under “Work in process” are currently reported under “Current contract costs” and “Other investments and assets.” Refer to Note 2 –

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Schedule of Other Current Assets	Other current assets consisted of the following: March 31, December 31, (in thousands) 2018 2017 Income tax receivable $ 5,882 $ 4,237 Prepaid vendor payments 5,298 5,048 Prepaid software maintenance 4,096 3,386 Prepaid insurance 2,260 2,610 Prepaid taxes 786 912 Prepaid rent 788 730 Prepaid other 3,919 2,172 Other 48 646 Other current assets $ 23,077 $ 19,741

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2018
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following: March 31, December 31, (in thousands) 2018 2017 Land and land interests $ 32,333 $ 32,544 Buildings and leasehold improvements 233,069 222,118 Equipment and other 359,911 351,676 Gross property and equipment 625,313 606,338 Accumulated depreciation (308,434 ) (300,767 ) Property and equipment, net $ 316,879 $ 305,571

Other Investments and Assets (T

Other Investments and Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Investments All Other Investments [Abstract]
Summary of Other Investments and Assets	Other investments and assets consisted of the following: March 31, December 31, (in thousands) 2018 2017 Cash surrender value of life insurance $ 24,026 $ 23,947 Self-insured liability receivable 10,442 10,442 Contract costs (1) 4,588 3,442 Workers’ compensation insurance security deposits 3,550 3,550 Other mutual funds 2,823 2,637 Other 3,360 4,169 Other investments and assets $ 48,789 $ 48,187 (1) Upon the adoption of Topic 606, the deferred incremental costs of obtaining and fulfilling contracts that were previously reported in Inventories under “Work in process” are currently reported under “Current contract costs” and “Other investments and assets.” Refer to Note 2 –

Goodwill and Other Intangible36

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of the Goodwill Balances by Component and Segment	The changes in the carrying amount of goodwill are as follows: (in thousands) GES U.S. GES International Pursuit Total Balance at December 31, 2017 $ 148,277 $ 38,840 $ 83,434 $ 270,551 Foreign currency translation adjustments — 931 (1,688 ) (757 ) Balance at March 31, 2018 $ 148,277 $ 39,771 $ 81,746 $ 269,794
Summary of Other Intangible Assets	Other intangible assets consisted of the following: March 31, 2018 December 31, 2017 (in thousands) Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Amortized intangible assets: Customer contracts and relationships $ 69,074 $ (25,930 ) $ 43,144 $ 68,798 $ (23,696 ) $ 45,102 Operating contracts and licenses 9,702 (1,086 ) 8,616 9,951 (1,094 ) 8,857 Tradenames 8,656 (3,137 ) 5,519 8,633 (2,873 ) 5,760 Non-compete agreements 5,395 (3,356 ) 2,039 5,363 (3,007 ) 2,356 Other 1,699 (682 ) 1,017 896 (650 ) 246 Total amortized intangible assets 94,526 (34,191 ) 60,335 93,641 (31,320 ) 62,321 Unamortized intangible assets: Business licenses 460 — 460 460 — 460 Other intangible assets $ 94,986 $ (34,191 ) $ 60,795 $ 94,101 $ (31,320 ) $ 62,781
Estimated Amortization Expense Related to Amortized Intangible Assets	The estimated future amortization expense related to amortized intangible assets held at March 31, 2018 is as follows: (in thousands) Year ending December 31, Remainder of 2018 $ 8,450 2019 10,042 2020 8,537 2021 7,537 2022 5,986 Thereafter 19,783 Total $ 60,335

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Other Liabilities Current [Abstract]
Other Current Liabilities	Other current liabilities consisted of the following: March 31, December 31, (in thousands) 2018 2017 Continuing operations: Commissions payable $ 10,569 $ 3,235 Self-insured liability 5,894 6,208 Accrued employee benefit costs 5,442 2,915 Accommodation services deposits (1) 5,090 2,540 Accrued sales and use taxes 4,298 2,431 Accrued dividends 2,095 2,094 Current portion of pension and postretirement liabilities 1,921 2,109 Deferred rent 1,691 1,679 Accrued professional fees 1,328 1,020 Accrued restructuring 461 722 Accrued income tax payable 113 7,518 Accrued rebates (2) — — Other taxes 2,570 2,750 Other 8,234 3,852 Total continuing operations 49,706 39,073 Discontinued operations: Environmental remediation liabilities 675 648 Self-insured liability 346 337 Other 90 96 Total discontinued operations 1,111 1,081 Total other current liabilities $ 50,817 $ 40,154 (1) Upon the adoption of Topic 606, we present customer deposits as “Contract liabilities” as they are received prior to transferring the related product or service to the customer. We recognize revenue upon satisfaction of the related contract performance obligation(s). Deposits received from GES’ events accommodation services are not classified as contract liabilities as they are deposits from hotel guests that are passed on to the hotels. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional information. (2) Upon the adoption of Topic 606, we reclassified $1.1 million of accrued rebates to “Contract liabilities” on the December 31, 2017 Condensed Consolidated Balance Sheet as they represent future performance obligations. Refer to Note 2 –

Other Deferred Items and Liab38

Other Deferred Items and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2018
Other Liabilities Disclosure [Abstract]
Summary of Other Deferred Items and Liabilities	Other deferred items and liabilities consisted of the following: March 31, December 31, (in thousands) 2018 2017 Continuing operations: Self-insured liability $ 13,139 $ 12,918 Self-insured excess liability 10,442 10,442 Foreign deferred tax liability 8,267 8,267 Accrued compensation 5,628 9,740 Deferred rent 3,744 3,855 Accrued restructuring 1,754 1,827 Other 1,439 1,305 Total continuing operations 44,413 48,354 Discontinued operations: Self-insured liability 2,471 2,557 Environmental remediation liabilities 1,669 1,728 Other 233 219 Total discontinued operations 4,373 4,504 Total other deferred items and liabilities $ 48,786 $ 52,858

Debt and Capital Lease Obliga39

Debt and Capital Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt and Capital Lease Obligations	The components of long-term debt and capital lease obligations consisted of the following: March 31, December 31, (in thousands, except interest rates) 2018 2017 Revolving credit facility and term loan 3.4% weighted-average interest rate at March 31, 2018 and 3.1% at December 31, 2017, due through 2019 (1) $ 212,831 $ 207,322 Brewster Inc. revolving credit facility 3.0% weighted-average interest rate at March 31, 2018 (1) 15,498 — Less unamortized debt issuance costs (850 ) (984 ) Total debt 227,479 206,338 Capital lease obligations 4.1% weighted-average interest rate at March 31, 2018 and 3.8% at December 31, 2017, due through 2021 3,839 2,854 Total debt and capital lease obligations 231,318 209,192 Current portion (2) (178,252 ) (152,599 ) Long-term debt and capital lease obligations $ 53,066 $ 56,593 (1) Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees. (2) Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Summary of Fair Value Assets Measured on Recurring Basis	The fair value information related to these assets is summarized in the following tables: Fair Value Measurements at Reporting Date Using (in thousands) March 31, 2018 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 119 $ 119 $ — $ — Other mutual funds (2) 2,823 2,823 — — Total assets at fair value on a recurring basis $ 2,942 $ 2,942 $ — $ — Fair Value Measurements at Reporting Date Using (in thousands) December 31, 2017 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 119 $ 119 $ — $ — Other mutual funds (2) 2,637 2,637 — — Total assets at fair value on a recurring basis $ 2,756 $ 2,756 $ — $ — (1) Money market funds are included in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. There have been no realized gains or losses related to these investments and we have not experienced any redemption restrictions with respect to any of the money market mutual funds. (2) Other mutual funds are included in “Other investments and assets” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. Unrealized gains of $1.0 million ($0.6 million after tax) as of December 31, 2017 are included in “Accumulated other comprehensive income (loss)” (“AOCI”) in the Condensed Consolidated Balance Sheets. Upon the adoption of ASU 2016-01, unrealized gains on equity securities classified as available-for-sale are recognized in net income rather than AOCI. We adopted this guidance prospectively, and recognized a cumulative-effect adjustment of $0.6 million to beginning retained earnings. Refer to Note 14 – Stockholders’ Equity for additional information.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Reconciliation of Stockholders' Equity to Noncontrolling Interests	The following represents a reconciliation of the carrying amounts of stockholders’ equity attributable to Viad and the non-redeemable noncontrolling interest for the three months ended March 31, 2018 and 2017: (in thousands) Total Viad Stockholders’ Equity Non-redeemable Noncontrolling Interest Total Stockholders’ Equity Balance at December 31, 2017 $ 429,131 $ 13,806 $ 442,937 Net loss (9,387 ) (364 ) (9,751 ) Dividends on common stock ($0.10 per share) (2,046 ) — (2,046 ) Common stock purchased for treasury (868 ) — (868 ) Employee benefit plans 1,938 — 1,938 Unrealized foreign currency translation adjustment (3,109 ) — (3,109 ) Other changes to AOCI 445 — 445 Other (67 ) — (67 ) Balance at March 31, 2018 $ 416,037 $ 13,442 $ 429,479 (in thousands) Total Viad Stockholders’ Equity Non-redeemable Noncontrolling Interest Total Stockholders’ Equity Balance at December 31, 2016 $ 357,355 $ 13,283 $ 370,638 Net income (loss) 6,777 (264 ) 6,513 Dividends on common stock ($0.10 per share) (2,038 ) — (2,038 ) Common stock purchased for treasury (1,204 ) — (1,204 ) Employee benefit plans 1,779 — 1,779 Unrealized foreign currency translation adjustment 2,345 — 2,345 Other changes to AOCI 95 — 95 Other (92 ) — (92 ) Balance at March 31, 2017 $ 365,017 $ 13,019 $ 378,036
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in AOCI by component are as follows: (in thousands) Unrealized Gains on Investments Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ 616 $ (12,026 ) $ (11,158 ) $ (22,568 ) Adoption of ASU 2016-01 (1) (616 ) — — (616 ) Other comprehensive income before reclassifications — (3,109 ) — (3,109 ) Amounts reclassified from AOCI, net of tax — — 445 445 Net other comprehensive income (loss) (616 ) (3,109 ) 445 (3,280 ) Balance at March 31, 2018 $ — $ (15,135 ) $ (10,713 ) $ (25,848 ) (1) Upon the adoption of ASU 2016-01, we recorded a cumulative-effect adjustment from unrealized gains on investments to beginning retained earnings.

Income Per Share (Tables)

Income Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Reconciliation of Basic and Diluted Income Per Share	The components of basic and diluted income per share are as follows: Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income (loss) attributable to Viad (diluted) $ (9,387 ) $ 6,777 Less: Allocation to non-vested shares — (89 ) Adjustment to the redemption value of redeemable noncontrolling interest (38 ) — Net income (loss) allocated to Viad common stockholders (basic) $ (9,425 ) $ 6,688 Basic weighted-average outstanding common shares 20,207 20,083 Additional dilutive shares related to share-based compensation — 263 Diluted weighted-average outstanding shares 20,207 20,346 Income (loss) per share: Basic income (loss) attributable to Viad common stockholders $ (0.47 ) $ 0.33 Diluted income (loss) attributable to Viad common stockholders (1) $ (0.47 ) $ 0.33 (1) Diluted income (loss) per share amount cannot exceed basic income (loss) per share.

Pension and Postretirement Be43

Pension and Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2018
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost of Pension and Postretirement Benefit Plans	The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended March 31, 2018 and 2017 consist of the following: Domestic Plans Pension Plans Postretirement Benefit Plans Foreign Pension Plans (in thousands) 2018 2017 2018 2017 2018 2017 Service cost $ 2 $ 9 $ 24 $ 30 $ 142 $ 130 Interest cost 187 229 94 126 92 114 Expected return on plan assets (35 ) (39 ) — — (129 ) (148 ) Amortization of prior service credit — — (84 ) (111 ) — — Recognized net actuarial loss 122 136 52 100 41 45 Net periodic benefit cost $ 276 $ 335 $ 86 $ 145 $ 146 $ 141

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring And Related Activities [Abstract]
Changes to Restructuring Liability by Major Restructuring Activity	Changes to the restructuring liability by major restructuring activity are as follows: GES Other Restructurings (in thousands) Severance & Employee Benefits Facilities Severance & Employee Benefits Total Balance at December 31, 2017 $ 1,551 $ 807 $ 191 $ 2,549 Restructuring charges 32 — 130 162 Cash payments (167 ) (20 ) (295 ) (482 ) Adjustment to liability 451 (451 ) (14 ) (14 ) Balance at March 31, 2018 $ 1,867 $ 336 $ 12 $ 2,215

Redeemable Noncontrolling Int45

Redeemable Noncontrolling Interest (Tables)	3 Months Ended
	Mar. 31, 2018
Noncontrolling Interest [Abstract]
Summary of Changes in Redeemable Noncontrolling Interest	Changes in the redeemable noncontrolling interest is as follows: (in thousands) Balance at December 31, 2017 $ 6,648 Net loss attributable to redeemable noncontrolling interest (84 ) Adjustment to the redemption value 38 Foreign currency translation adjustment 348 Balance at March 31, 2018 $ 6,950

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Reconciliation of income statement items from reportable segments	Our reportable segments, with reconciliations to consolidated totals, are as follows: Three Months Ended March 31, (in thousands) 2018 2017 Revenue: GES: U.S. $ 203,868 $ 257,211 International 67,186 63,899 Intersegment eliminations (3,348 ) (3,239 ) Total GES 267,706 317,871 Pursuit 9,722 7,936 Total revenue $ 277,428 $ 325,807 Segment operating income (loss): GES: U.S. $ (1,556 ) $ 21,346 International 2,136 2,033 Total GES 580 23,379 Pursuit (11,395 ) (10,275 ) Segment operating income (loss) (10,815 ) 13,104 Corporate eliminations (1) 16 16 Corporate activities (2,217 ) (2,541 ) Operating income (loss) (13,016 ) 10,579 Interest income 84 58 Interest expense (2,069 ) (2,105 ) Other expense (2) (238 ) (452 ) Restructuring recoveries (charges): GES U.S. — (24 ) GES International (32 ) (233 ) Pursuit (140 ) — Corporate 10 (137 ) Impairment recoveries: Pursuit — 2,384 Income (loss) from continuing operations before income taxes $ (15,401 ) $ 10,070 (1) (2)

Overview and Basis of Present47

Overview and Basis of Presentation - Narrative (Details) $ in Thousands		3 Months Ended
		Mar. 31, 2018USD ($)SegmentLodgeRecreationalExcursionRetailShopDiningOutlet	Mar. 31, 2017USD ($)
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of reportable segments | Segment		3
Amount reclassified from operating expenses to other expense, with retrospective effect | $	[1]	$ 238	$ 452
Glacier Park Inc
Overview And Summary Of Significant Accounting Policies [Line Items]
Percentage of non-equity ownership related to non-redeemable noncontrolling interests		20.00%
ASU 2017-07
Overview And Summary Of Significant Accounting Policies [Line Items]
Cumulative-effect adjustment beginning retained earnings | $		$ 600
Amount reclassified from operating expenses to other expense, with retrospective effect | $			$ 452
GES
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of product lines | Segment		3
Number of live event markets | Segment		4
Pursuit
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of business lines | Segment		4
Pursuit | Banff Jasper Collection
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of world-class recreational attractions | Recreational		5
Pursuit | Banff Jasper Collection | Banff National Park
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		2
Pursuit | Banff Jasper Collection | Jasper National Park
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		1
Pursuit | Alaska Collection | Denali National Park and Preserve
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		2
Number of sightseeing excursion | Excursion		1
Pursuit | Alaska Collection | Talkeetna
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		1
Pursuit | Alaska Collection | Kenai Fjords National Park
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		2
Pursuit | Glacier Park Collection
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of lodges		7
Number of retail shops | RetailShop		12
Number of dining outlets | DiningOutlet		11
[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 months ended March 31, 2018, and we reclassified $0.5 million from operating expenses to other expense for the three months ended March 31, 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.

Overview and Basis of Present48

Overview and Basis of Presentation - Revenue in Condensed Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue:
Total revenue	$ 277,428	$ 325,807
Calculated under Revenue Guidance in Effect before Topic 606
Revenue:
Total revenue		325,807
Exhibition and Event Services [Member] | Calculated under Revenue Guidance in Effect before Topic 606
Revenue:
Total revenue		275,948
Exhibits and Environments [Member] | Calculated under Revenue Guidance in Effect before Topic 606
Revenue:
Total revenue		41,923
Pursuit Services [Member] | Calculated under Revenue Guidance in Effect before Topic 606
Revenue:
Total revenue		$ 7,936

Overview and Basis of Present49

Overview and Basis of Presentation - Revenue in Condensed Consolidated Statement of Operations in Connection with Adoption of Topic 606 (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue:
Services	$ 245,548	$ 290,643
Products	31,880	35,164
Total revenue	$ 277,428	$ 325,807

Overview and Basis of Present50

Overview and Basis of Presentation - Impact of Adopting ASU 2017-07 on Condensed Consolidated Statement of Operations (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Costs of services		$ 257,295	$ 280,638
Costs of products		31,122	32,102
Corporate activities		2,217	2,541
Other expense	[1]	$ 238	452
Reclassifications to Conform with Revenue Presentation
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Costs of services			7,412
Costs of products			(7,412)
As Previously Reported
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Costs of services			273,609
Costs of products			39,514
Corporate activities			2,610
ASU 2017-07
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Costs of services			(383)
Corporate activities			(69)
Other expense			$ 452
[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 months ended March 31, 2018, and we reclassified $0.5 million from operating expenses to other expense for the three months ended March 31, 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.

Overview and Basis of Present51

Overview and Basis of Presentation - Impact of Adopting Topic 606 on Condensed Consolidated Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenue:
GES services	$ 237,793
GES products	29,913
Pursuit services	7,755
Pursuit products	1,967
Costs and expenses:
Costs of services	257,295	$ 280,638
Costs of products	31,122	32,102
Income tax expense (benefit)	(4,638)	2,741
Net loss	(9,835)	$ 6,513
Calculated under Revenue Guidance in Effect before Topic 606 | Accounting Standards Update 2014-09
Revenue:
GES services	237,793
GES products	29,913
Pursuit services	7,755
Pursuit products	1,967
Costs and expenses:
Costs of services	258,142
Costs of products	31,122
Income tax expense (benefit)	(4,852)
Net loss	(10,468)
Effect of Change | Accounting Standards Update 2014-09
Costs and expenses:
Costs of services	(847)
Income tax expense (benefit)	214
Net loss	$ (633)

Revenue and Related Contract 52

Revenue and Related Contract Costs and Contract Liabilities - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Revenue recognition description of capitalized contract costs	Capitalized contract costs are expensed upon the transfer of the related goods or services and are included in cost of services or cost of products sold, as applicable
Capitalized contract Costs	$ 27,200,000	$ 16,900,000
Contract costs to obtain contracts	3,700,000
Contract costs to fulfill contracts	23,500,000
Contract costs recognized	8,600,000
Impairment loss on capitalized contract costs	$ 0
Services or Product [Member]
Disaggregation Of Revenue [Line Items]
Deferred contract costs		$ 18,600,000
Maximum
Disaggregation Of Revenue [Line Items]
Unsatisfied performance obligations period	1 year
GES
Disaggregation Of Revenue [Line Items]
Performance obligation description of payment terms	Payment terms are generally within 30-60 days and contain no significant financing components
GES | Minimum
Disaggregation Of Revenue [Line Items]
Performance obligation payment terms	30 days
GES | Maximum
Disaggregation Of Revenue [Line Items]
Performance obligation payment terms	60 days
Pursuit
Disaggregation Of Revenue [Line Items]
Performance obligation description of payment terms	When credit is extended, payment terms are generally within 30 days and contain no significant financing components
Performance obligation payment terms	30 days

Revenue and Related Contract 53

Revenue and Related Contract Costs and Contract Liabilities - Summary of Changes in Contract Liabilities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Revenue From Contract With Customer [Abstract]
Balance at January 1, 2018	$ 31,981
Cash additions	38,241
Revenue recognized	(18,526)
Foreign exchange translation adjustment	195
Balance at March 31, 2018	$ 51,891

Revenue and Related Contract 54

Revenue and Related Contract Costs and Contract Liabilities - Disaggregate Revenue of GES and Pursuit by Major Product Line Timing of Revenue Recognition and Markets Served (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	$ 267,706
Total services revenue	245,548	$ 290,643
Total products revenue	31,880	35,164
Total revenue	277,428	$ 325,807
Intersegment Eliminations
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	(3,348)
GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	203,868
GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	67,186
Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	7,755
Total products revenue	1,967
Total revenue	9,722
Pursuit | Intersegment Eliminations
Disaggregation Of Revenue [Line Items]
Total services revenue	(206)
Services Transferred Over Time
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	241,140
Services Transferred Over Time | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	188,486
Services Transferred Over Time | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	52,654
Services Transferred Over Time | Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	7,755
Products Transferred Over Time
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	14,699
Products Transferred Over Time | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	10,592
Products Transferred Over Time | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	4,107
Products Transferred at a Point in Time
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	15,215
Products Transferred at a Point in Time | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	4,790
Products Transferred at a Point in Time | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	10,425
Products Transferred at a Point in Time | Pursuit
Disaggregation Of Revenue [Line Items]
Total products revenue	1,967
Core Services
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	209,580
Core Services | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	163,367
Core Services | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	46,213
Audio Visual
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	20,252
Audio Visual | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	17,084
Audio Visual | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	3,168
Event Technology
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	11,309
Event Technology | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	8,035
Event Technology | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	3,274
Total Services
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	237,793
Total Services | Intersegment Eliminations
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	(3,348)
Total Services | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	188,486
Total Services | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	52,655
Core Products
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	29,913
Core Products | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	15,382
Core Products | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	14,531
Exhibitions
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	185,824
Exhibitions | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	130,494
Exhibitions | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	55,330
Conferences
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	44,477
Conferences | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	37,816
Conferences | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	6,661
Corporate Events
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	34,304
Corporate Events | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	29,444
Corporate Events | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	4,860
Consumer Events
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	6,449
Consumer Events | GES U.S.
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	6,114
Consumer Events | GES International
Disaggregation Of Revenue [Line Items]
Disaggregate revenue	335
Accommodations | Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	1,705
Admissions | Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	3,579
Transportation | Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	2,369
Travel Planning | Pursuit
Disaggregation Of Revenue [Line Items]
Total services revenue	308
Food and Beverage | Pursuit
Disaggregation Of Revenue [Line Items]
Total products revenue	1,219
Retail Operations | Pursuit
Disaggregation Of Revenue [Line Items]
Total products revenue	748
Banff Jasper Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue	7,089
Alaska Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue	213
Glacier Park Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue	626
FlyOver | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue	$ 1,794

Revenue and Related Contract 55

Revenue and Related Contract Costs and Contract Liabilities - Balance Sheet Reclassifications made to Separately Present Contract Costs and Contract Liabilities in Connection with Adoption of Topic 606 (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017		Mar. 31, 2017	Dec. 31, 2016
Disaggregation Of Revenue [Line Items]
Cash and cash equivalents		$ 42,340	$ 53,723		$ 25,434	$ 20,900
Accounts receivable, net		118,284	104,811
Inventories		17,514	17,550	[1]
Current contract costs		22,620	13,436	[1]
Other current assets		23,077	19,741	[1]
Property and equipment, net		316,879	305,571
Other investments and assets		48,789	48,187	[1]
Deferred income taxes		28,055	23,548
Goodwill		269,794	270,551
Other intangible assets, net		60,795	62,781
Total Assets		948,147	919,899
Accounts payable		82,019	77,380
Contract liabilities		51,891	31,981	[2]
Accrued compensation		18,734	30,614
Other current liabilities		50,817	40,154	[2]
Debt and capital lease obligations, current and long-term		231,318	209,192
Pension and postretirement benefits		28,153	28,135
Other deferred items and liabilities		48,786	52,858
Total liabilities		511,718	470,314
Redeemable noncontrolling interest		6,950	6,648
Total stockholders' equity		429,479	442,937	[3]	$ 378,036	$ 370,638
Total Liabilities and Stockholders’ Equity		$ 948,147	919,899
Accounting Standards Update 2014-09 | As Previously Reported
Disaggregation Of Revenue [Line Items]
Cash and cash equivalents			53,723
Accounts receivable, net			104,811
Inventories	[1]		30,372
Other current assets	[1]		21,030
Property and equipment, net			305,571
Other investments and assets	[1]		47,512
Deferred income taxes			23,548
Goodwill			270,551
Other intangible assets, net			62,781
Total Assets			919,899
Accounts payable			77,380
Customer deposits	[2]		33,415
Accrued compensation			30,614
Other current liabilities	[2]		38,720
Debt and capital lease obligations, current and long-term			209,192
Pension and postretirement benefits			28,135
Other deferred items and liabilities			52,858
Total liabilities			470,314
Redeemable noncontrolling interest			6,648
Total stockholders' equity	[3]		442,937
Total Liabilities and Stockholders’ Equity			919,899
Accounting Standards Update 2014-09 | Effect of Change
Disaggregation Of Revenue [Line Items]
Inventories	[1]		(12,822)
Current contract costs	[1]		13,436
Other current assets	[1]		(1,289)
Other investments and assets	[1]		675
Customer deposits	[2]		(33,415)
Contract liabilities	[2]		31,981
Other current liabilities	[2]		$ 1,434
[1]	Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million.
[2]	In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation.
[3]	The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.

Revenue and Related Contract 56

Revenue and Related Contract Costs and Contract Liabilities - Balance Sheet Reclassifications made to Separately Present Contract Costs and Contract Liabilities in Connection with Adoption of Topic 606 (Parenthetical) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Disaggregation Of Revenue [Line Items]
Reclassification of customer deposits to contract liabilities	$ 51,891	$ 31,981	[1]
Accounting Standards Update 2014-09
Disaggregation Of Revenue [Line Items]
Reduction in total current assets		700
Accounting Standards Update 2014-09 | Reclassification of Customer Deposits to Contract Liabilities
Disaggregation Of Revenue [Line Items]
Reclassification of customer deposits to contract liabilities		$ 33,400
Accounting Standards Update 2014-09 | Core Services
Disaggregation Of Revenue [Line Items]
Deferred costs included in other investments and assets	$ 4,600
[1]	In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation.

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Summary of share-based compensation expense
Share-based compensation before income tax benefit	$ 717	$ 1,999
Income tax benefit	(181)	(744)
Share-based compensation, net of income tax benefit	536	1,255
Performance unit incentive plan (“PUP”)
Summary of share-based compensation expense
Share-based compensation before income tax benefit	194	1,316
Restricted stock
Summary of share-based compensation expense
Share-based compensation before income tax benefit	503	623
Restricted stock units
Summary of share-based compensation expense
Share-based compensation before income tax benefit	$ 20	$ 60

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($)	1 Months Ended				3 Months Ended
	Mar. 31, 2018	Feb. 28, 2018	Mar. 31, 2017	Feb. 28, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Jun. 30, 2017
2017 Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Useful Life of the plan					10 years
Common stock shares issuable								1,750,000
Shares available for grant	1,672,566				1,672,566
2007 Plan
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Award vesting period					3 years
2007 Plan | Performance Unit Incentive Plan (“PUP”)
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Awards granted during the period					$ 3,700,000
Stock value payable					1,600,000
Liability awards recorded	$ 5,100,000				5,100,000		$ 11,000,000
Payments to employees	5,900,000		$ 3,700,000
2007 Plan | Restricted Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Unamortized cost	4,100,000				$ 4,100,000
Recognition period of unrecognized cost					1 year 6 months
Repurchase of common stock for employee tax withholding obligations amount, shares					16,362	25,642
Repurchase of common stock for employee tax withholding obligations amount					$ 900,000	$ 1,200,000
2007 Plan | Restricted Stock Units
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Payments to employees		$ 200,000		$ 300,000
Liabilities related to restricted stock	$ 300,000				300,000		$ 500,000
Restructuring Charges
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based compensation before income tax benefit					$ 0	$ 0

Share-Based Compensation - Su59

Share-Based Compensation - Summary of Activity of the Outstanding Share-Based Compensation Awards (Details)	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Performance Unit Incentive Plan (“PUP”)
Summary of activity of the outstanding share-based compensation awards
Beginning Balance, Shares | shares	239,338
Granted, Shares | shares	71,625
Vested, Shares | shares	(75,761)
Forfeited, Shares | shares	0
Ending Balance, Shares | shares	235,202
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 32.80
Granted, Weighted-Average Grant Date Fair Value | $ / shares	52.15
Vested, Weighted-Average Grant Date Fair Value | $ / shares	27.29
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	0
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 40.46
Restricted Stock
Summary of activity of the outstanding share-based compensation awards
Beginning Balance, Shares | shares	206,899
Granted, Shares | shares	41,457
Vested, Shares | shares	(54,458)
Forfeited, Shares | shares	(1,156)
Ending Balance, Shares | shares	192,742
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 33.16
Granted, Weighted-Average Grant Date Fair Value | $ / shares	52.15
Vested, Weighted-Average Grant Date Fair Value | $ / shares	27.35
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	36.37
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 38.87
Restricted Stock Units
Summary of activity of the outstanding share-based compensation awards
Beginning Balance, Shares | shares	12,750
Granted, Shares | shares	3,669
Vested, Shares | shares	(4,300)
Forfeited, Shares | shares	(258)
Ending Balance, Shares | shares	11,861
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 30.94
Granted, Weighted-Average Grant Date Fair Value | $ / shares	52.28
Vested, Weighted-Average Grant Date Fair Value | $ / shares	27.35
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	37.69
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 38.70

Share-Based Compensation - Su60

Share-Based Compensation - Summary of Stock Option Activity (Details)	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Options outstanding and exercisable
Options outstanding and exercisable Beginning Balance, Shares | shares	63,773
Exercised, Shares | shares	(5,084)
Option outstanding and exercisable Ending Balance, Shares | shares	58,689
Weighted-Average Exercise Price
Options outstanding and exercisable Beginning Balance, Weighted-Average Exercise Price | $ / shares	$ 16.62
Exercised, Weighted-Average Exercise Price | $ / shares	16.62
Options outstanding and exercisable Ending Balance, Weighted-Average Exercise Price | $ / shares	$ 16.62

Acquisition of Business - Narra

Acquisition of Business - Narrative (Details) - Esja Attractions ehf. € in Millions	Nov. 03, 2017USD ($)	Nov. 03, 2017EUR (€)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)
Business Acquisition [Line Items]
Business acquisition date	Nov. 3, 2017	Nov. 3, 2017
Percentage of controlling interest acquired	54.50%
Purchase price	$ 8,200,000	€ 9.5
Estimated fair value of non-controlling interest	$ 6,700,000
Fair value of noncontrolling interest, adjustments			$ 0
Start-up Costs
Business Acquisition [Line Items]
Operating income (losses)			(200,000)
Corporate Activities
Business Acquisition [Line Items]
Acquisition related costs			$ 100,000	$ 100,000

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Components of Inventories
Raw materials	$ 17,514	$ 17,550
Inventories	$ 17,514	$ 17,550	[1]
[1]	Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million.

Other Current Assets - Schedule

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Income tax receivable	$ 5,882	$ 4,237
Prepaid vendor payments	5,298	5,048
Prepaid software maintenance	4,096	3,386
Prepaid insurance	2,260	2,610
Prepaid taxes	786	912
Prepaid rent	788	730
Prepaid other	3,919	2,172
Other	48	646
Other current assets	$ 23,077	$ 19,741	[1]
[1]	Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million.

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Gross property and equipment	$ 625,313	$ 606,338
Accumulated depreciation	(308,434)	(300,767)
Property and equipment, net	316,879	305,571
Land and land interests
Property Plant And Equipment [Line Items]
Gross property and equipment	32,333	32,544
Buildings and leasehold improvements
Property Plant And Equipment [Line Items]
Gross property and equipment	233,069	222,118
Equipment and other
Property Plant And Equipment [Line Items]
Gross property and equipment	$ 359,911	$ 351,676

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Property Plant And Equipment [Abstract]
Depreciation expense	$ 10.4	$ 9.1
Non-cash increases property and equipment acquired under capital leases	0.5	0.4
Non-cash increases property and equipment purchases in accounts payable and accrued liabilities	$ 0.8	$ 1.5

Other Investments and Assets -

Other Investments and Assets - Summary of Other Investments and Assets (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Investments All Other Investments [Abstract]
Cash surrender value of life insurance		$ 24,026	$ 23,947
Self-insured liability receivable		10,442	10,442
Contract costs	[1]	4,588	3,442
Workers’ compensation insurance security deposits		3,550	3,550
Other mutual funds		2,823	2,637
Other		3,360	4,169
Other investments and assets		$ 48,789	$ 48,187	[2]
[1]	Upon the adoption of Topic 606, the deferred incremental costs of obtaining and fulfilling contracts that were previously reported in Inventories under “Work in process” are currently reported under “Current contract costs” and “Other investments and assets.” Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional information.
[2]	Contract costs primarily consist of deferred core services costs (including labor and vendor purchases) required to service future exhibitions, conferences and other events, and commission expenses incurred to obtain contracts. All such costs were previously included in “Inventories” and in other certain assets. As a result of the changes noted above, deferred core services costs related to exhibitions and events that are scheduled to occur longer than one year in the future are currently included in “Other investments and assets”. The impact of this change reduced total current assets at December 31, 2017 by $0.7 million. The amount of deferred core services costs included in “Other investments and assets” at March 31, 2018 was $4.6 million.

Goodwill and Other Intangible67

Goodwill and Other Intangible Assets - Summary of Goodwill Balances by Component and Segment (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Goodwill [Line Items]
Balance, beginning	$ 270,551
Foreign currency translation adjustments	(757)
Balance, ending	269,794
GES U.S.
Goodwill [Line Items]
Balance, beginning	148,277
Balance, ending	148,277
GES International
Goodwill [Line Items]
Balance, beginning	38,840
Foreign currency translation adjustments	931
Balance, ending	39,771
Pursuit
Goodwill [Line Items]
Balance, beginning	83,434
Foreign currency translation adjustments	(1,688)
Balance, ending	$ 81,746

Goodwill and Other Intangible68

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	$ 94,526	$ 93,641
Accumulated Amortization	(34,191)	(31,320)
Amortized intangible assets, Net Carrying Value	60,335	62,321
Intangible Assets, Gross (Excluding Goodwill)	94,986	94,101
Other intangible assets, net	60,795	62,781
Customer contracts and relationships
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	69,074	68,798
Accumulated Amortization	(25,930)	(23,696)
Amortized intangible assets, Net Carrying Value	43,144	45,102
Operating contracts and licenses
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	9,702	9,951
Accumulated Amortization	(1,086)	(1,094)
Amortized intangible assets, Net Carrying Value	8,616	8,857
Tradenames
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	8,656	8,633
Accumulated Amortization	(3,137)	(2,873)
Amortized intangible assets, Net Carrying Value	5,519	5,760
Other
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	1,699	896
Accumulated Amortization	(682)	(650)
Amortized intangible assets, Net Carrying Value	1,017	246
Non-compete agreements
Finite-Lived Intangible Assets, Net [Abstract]
Amortized intangible assets, Gross Carrying Value	5,395	5,363
Accumulated Amortization	(3,356)	(3,007)
Amortized intangible assets, Net Carrying Value	2,039	2,356
Business licenses
Finite-Lived Intangible Assets, Net [Abstract]
Unamortized intangible assets, Gross Carrying Value	$ 460	$ 460

Goodwill and Other Intangible69

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Segment Reporting Information [Line Items]
Intangible asset amortization expense	$ 2.7	$ 3.1
Customer contracts and relationships
Segment Reporting Information [Line Items]
Weighted-average amortization period of intangible assets	8 years 3 months 18 days
Operating contracts and licenses
Segment Reporting Information [Line Items]
Weighted-average amortization period of intangible assets	26 years 1 month 6 days
Tradenames
Segment Reporting Information [Line Items]
Weighted-average amortization period of intangible assets	6 years 9 months 18 days
Non-compete agreements
Segment Reporting Information [Line Items]
Weighted-average amortization period of intangible assets	2 years
Other
Segment Reporting Information [Line Items]
Weighted-average amortization period of intangible assets	8 years 3 months 18 days

Goodwill and Other Intangible70

Goodwill and Other Intangible Assets - Estimated Amortization Expense Related to Amortized Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Estimated amortization expense related to amortized intangible assets
Remainder of 2018	$ 8,450
2,019	10,042
2,020	8,537
2,021	7,537
2,022	5,986
Thereafter	19,783
Amortized intangible assets, Net Carrying Value	$ 60,335	$ 62,321

Other Current Liabilities - Sch

Other Current Liabilities - Schedule of Other Current Liabilities (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Continuing operations:
Commissions payable		$ 10,569	$ 3,235
Self-insured liability		5,894	6,208
Accrued employee benefit costs		5,442	2,915
Accommodation services deposits	[1]	5,090	2,540
Accrued sales and use taxes		4,298	2,431
Accrued dividends		2,095	2,094
Current portion of pension and postretirement liabilities		1,921	2,109
Deferred rent		1,691	1,679
Accrued professional fees		1,328	1,020
Accrued restructuring		461	722
Accrued income tax payable		113	7,518
Other taxes		2,570	2,750
Other		8,234	3,852
Total continuing operations		49,706	39,073
Discontinued operations:
Environmental remediation liabilities		675	648
Self-insured liability		346	337
Other		90	96
Total discontinued operations		1,111	1,081
Total other current liabilities		$ 50,817	$ 40,154	[2]
[1]	Upon the adoption of Topic 606, we present customer deposits as “Contract liabilities” as they are received prior to transferring the related product or service to the customer. We recognize revenue upon satisfaction of the related contract performance obligation(s). Deposits received from GES’ events accommodation services are not classified as contract liabilities as they are deposits from hotel guests that are passed on to the hotels. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities for additional information.
[2]	In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation.

Other Current Liabilities - S72

Other Current Liabilities - Schedule of Other Current Liabilities (Parenthetical) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Other Liabilities Current [Line Items]
Reclassification of accrued rebates to contract liabilities	$ 51,891	$ 31,981	[1]
Adopting Topic 606 | Reclassification of Accrued Rebates to Contract Liabilities
Other Liabilities Current [Line Items]
Reclassification of accrued rebates to contract liabilities		$ 1,100
[1]	In connection with the adoption of Topic 606, we elected to more prominently present contract liabilities on the Consolidated Balance Sheets. Consequently, customer deposits of $33.4 million as of December 31, 2017, have been reclassified to “Contract liabilities” and to other certain current liabilities to conform to the current period presentation.

Other Deferred Items and Liab73

Other Deferred Items and Liabilities - Summary of Other Deferred Items and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Continuing operations:
Self-insured liability	$ 13,139	$ 12,918
Self-insured excess liability	10,442	10,442
Foreign deferred tax liability	8,267	8,267
Accrued compensation	5,628	9,740
Deferred rent	3,744	3,855
Accrued restructuring	1,754	1,827
Other	1,439	1,305
Total continuing operations	44,413	48,354
Discontinued operations:
Self-insured liability	2,471	2,557
Environmental remediation liabilities	1,669	1,728
Other	233	219
Total discontinued operations	4,373	4,504
Total other deferred items and liabilities	$ 48,786	$ 52,858

Debt and Capital Lease Obliga74

Debt and Capital Lease Obligations - Schedule of Long-term Debt and Capital Lease Obligations (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Revolving credit facility and term loan gross	[1]	$ 212,831	$ 207,322
Less unamortized debt issuance costs		(850)	(984)
Total debt		227,479	206,338
Capital lease obligations 4.1% weighted-average interest rate at March 31, 2018 and 3.8% at December 31, 2017, due through 2021		3,839	2,854
Total debt and capital lease obligations		231,318	209,192
Current portion	[2]	(178,252)	(152,599)
Long-term debt and capital lease obligations		53,066	$ 56,593
Brewster Inc. Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility and term loan gross	[1]	$ 15,498
[1]	Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.
[2]	Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year.

Debt and Capital Lease Obliga75

Debt and Capital Lease Obligations - Schedule of Long-term Debt and Capital Lease Obligations (Parenthetical) (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Interest rate on credit facility	3.40%	3.10%
Weighted interest rate on long term debt	4.10%	3.80%
Current revolving credit facility maturity period	1 year	1 year
Brewster Inc. Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate on credit facility	3.00%

Debt and Capital Lease Obliga76

Debt and Capital Lease Obligations - Narrative (Details) - USD ($) $ in Thousands		Dec. 06, 2016	Dec. 22, 2014	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 28, 2016
Line of Credit Facility [Line Items]
Leverage ratio				189.00%
Fixed charge coverage ratio				269.00%
Total debt and capital lease obligations				$ 231,318		$ 209,192
Revolving credit facility, balance outstanding	[1]			212,831		207,322
Capital lease obligations, total				3,839		2,854
Remaining borrowing capacity on line of credit				31,200
Letters of credit outstanding				1,300
Unamortized debt issuance cost				850		984
Fair value of debt				225,100		$ 203,200
Cash paid for interest on debt				$ 1,900	$ 1,500
Revolving Credit Facility
Line of Credit Facility [Line Items]
Commitment fee percentage on line of credit				0.30%
Revolving credit facility, balance outstanding				$ 142,500
Term Loan
Line of Credit Facility [Line Items]
Revolving credit facility, balance outstanding				$ 70,300
Brewster Revolver
Line of Credit Facility [Line Items]
Borrowing capacity on line of credit		$ 20,000					$ 38,000
Maturity date		Dec. 28, 2018
Commitment fee percentage on line of credit				0.20%
Revolving credit facility, balance outstanding	[1]			$ 15,498
Remaining borrowing capacity on line of credit				$ 4,500
Amended and Restated Credit Agreement
Line of Credit Facility [Line Items]
Maturity date			Dec. 22, 2019
Amended and Restated Credit Agreement | Senior Credit Facility
Line of Credit Facility [Line Items]
Borrowing capacity on line of credit			$ 300,000
Amended and Restated Credit Agreement | Revolving Credit Facility
Line of Credit Facility [Line Items]
Borrowing capacity on line of credit			175,000
Additional borrowing capacity on line of credit			100,000
Line of Credit borrowings used to support letter of credit			40,000
Amended and Restated Credit Agreement | Term Loan
Line of Credit Facility [Line Items]
Borrowing capacity on line of credit			$ 125,000
Amendment No. 1
Line of Credit Facility [Line Items]
Maximum leverage ratio for acquisition				300.00%
Leverage ratio required for dividend or share activity				250.00%
Maximum leverage ratio for unsecured debt				300.00%
Annual share repurchase limit on leverage ratio basis				$ 20,000
Amendment No. 1 | Maximum
Line of Credit Facility [Line Items]
Leverage ratio				350.00%
Amendment No. 1 | Minimum
Line of Credit Facility [Line Items]
Fixed charge coverage ratio				175.00%
Top Tier Foreign Subsidiaries | Amended and Restated Credit Agreement
Line of Credit Facility [Line Items]
Percent of lenders security interest on capital stock foreign subsidiary			65.00%
[1]	Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Value Assets Measured on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Fair value information related to assets
Assets		$ 2,942	$ 2,756
Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets		2,942	2,756
Money market funds
Fair value information related to assets
Assets	[1]	119	119
Money market funds | Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets	[1]	119	119
Other mutual funds
Fair value information related to assets
Assets	[2]	2,823	2,637
Other mutual funds | Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets	[2]	$ 2,823	$ 2,637
[1]	Money market funds are included in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. There have been no realized gains or losses related to these investments and we have not experienced any redemption restrictions with respect to any of the money market mutual funds.
[2]	Other mutual funds are included in “Other investments and assets” in the Condensed Consolidated Balance Sheets. These investments are classified as available-for-sale and are recorded at fair value. Unrealized gains of $1.0 million ($0.6 million after tax) as of December 31, 2017 are included in “Accumulated other comprehensive income (loss)” (“AOCI”) in the Condensed Consolidated Balance Sheets. Upon the adoption of ASU 2016-01, unrealized gains on equity securities classified as available-for-sale are recognized in net income rather than AOCI. We adopted this guidance prospectively, and recognized a cumulative-effect adjustment of $0.6 million to beginning retained earnings. Refer to Note 14 – Stockholders’ Equity for additional information.

Fair Value Measurements - Sum78

Fair Value Measurements - Summary of Fair Value Assets Measured on Recurring Basis (Parenthetical) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gains on the investments		$ 1,000,000
Unrealized gains on the investments after-tax		600,000
Unrealized Gains on Equity Securities Classified as Available-for-sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cumulative-effect adjustment recognized to beginning retained earnings	$ (616,000)
Unrealized Gains on Equity Securities Classified as Available-for-sale | Adoption of ASU 2016-01
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cumulative-effect adjustment recognized to beginning retained earnings	600,000
Money market funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Realized gains on the investments	0
Unrealized gains on the investments	$ 0
Other mutual funds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unrealized gains on the investments		1,000,000
Unrealized gains on the investments after-tax		$ 600,000

Stockholders' Equity - Reconcil

Stockholders' Equity - Reconciliation of Stockholders' Equity to Noncontrolling Interests (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018		Mar. 31, 2017
Noncontrolling Interest [Line Items]
Beginning Balance		$ 442,937	[1]	$ 370,638
Net income (loss) attributable to Viad		(9,387)		6,777
Net loss attributable to non-redeemable noncontrolling interest		(364)		(264)
Net income (loss)		(9,751)		6,513
Dividends on common stock		(2,046)		(2,038)
Common stock purchased for treasury		(868)		(1,204)
Employee benefit plans		1,938		1,779
Unrealized foreign currency translation adjustment	[2]	(3,109)		2,345
Other changes to AOCI		445		95
Other		(67)		(92)
Ending Balance		429,479		378,036
Non-Redeemable Non-Controlling Interest
Noncontrolling Interest [Line Items]
Beginning Balance		13,806		13,283
Net loss attributable to non-redeemable noncontrolling interest		(364)		(264)
Ending Balance		13,442		13,019
Total Viad Equity
Noncontrolling Interest [Line Items]
Beginning Balance		429,131		357,355
Net income (loss) attributable to Viad		(9,387)		6,777
Dividends on common stock		(2,046)		(2,038)
Common stock purchased for treasury		(868)		(1,204)
Employee benefit plans		1,938		1,779
Unrealized foreign currency translation adjustment		(3,109)		2,345
Other changes to AOCI		445		95
Other		(67)		(92)
Ending Balance		$ 416,037		$ 365,017
[1]	The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.
[2]	The tax effect on other comprehensive income (loss) is not significant.

Stockholders' Equity - Reconc80

Stockholders' Equity - Reconciliation of Stockholders' Equity to Noncontrolling Interests (Parenthetical) (Details) - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Equity [Abstract]
Dividends declared per common share	$ 0.10	$ 0.10

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	$ 442,937	[1]
Ending Balance	429,479
Unrealized Gains on Investments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	616
Net other comprehensive income (loss)	(616)
Adoption of ASU 2016-01	(616)
Cumulative Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(12,026)
Other comprehensive income before reclassifications	(3,109)
Net other comprehensive income (loss)	(3,109)
Ending Balance	(15,135)
Unrecognized Net Actuarial Loss and Prior Service Credit, Net
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(11,158)
Amounts reclassified from AOCI, net of tax	445
Net other comprehensive income (loss)	445
Ending Balance	(10,713)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(22,568)
Other comprehensive income before reclassifications	(3,109)
Amounts reclassified from AOCI, net of tax	445
Net other comprehensive income (loss)	(3,280)
Ending Balance	(25,848)
Adoption of ASU 2016-01	$ (616)
[1]	The cumulative effect of initially applying Topic 606 as an adjustment to the opening balance of retained earnings was determined to be immaterial and therefore no adjustment was made.

Stockholders' Equity - Addition

Stockholders' Equity - Additional Infomation (Details) $ in Millions	Dec. 31, 2017USD ($)
Equity [Abstract]
Unrealized gains on the investments	$ 1
Unrealized gains on the investments after-tax	$ 0.6

Income Per Share - Reconciliati

Income Per Share - Reconciliation of Basic and Diluted Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Numerator:
Net income (loss) attributable to Viad (diluted)		$ (9,387)	$ 6,777
Less: Allocation to non-vested shares			(89)
Adjustment to the redemption value of redeemable noncontrolling interest		(38)
Net income (loss) allocated to Viad common stockholders (basic)		$ (9,425)	$ 6,688
Denominator:
Basic weighted-average outstanding common shares		20,207	20,083
Additional dilutive shares related to share-based compensation			263
Diluted weighted-average outstanding shares		20,207	20,346
Basic income (loss) attributable to Viad common stockholders		$ (0.47)	$ 0.33
Diluted income (loss) attributable to Viad common stockholders(1)	[1]	$ (0.47)	$ 0.33
[1]	Diluted income (loss) per share amount cannot exceed basic income (loss) per share.

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Effective income tax rate	30.10%	27.20%
Federal statutory tax rate	21.00%	35.00%
Income Taxes Paid	$ 9.1	$ 2.5

Pension and Postretirement Be85

Pension and Postretirement Benefits - Components of Net Periodic Benefit Cost of Pension and Postretirement Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Domestic Plans | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2	$ 9
Interest cost	187	229
Expected return on plan assets	(35)	(39)
Recognized net actuarial loss	122	136
Net periodic benefit cost	276	335
Domestic Plans | Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	24	30
Interest cost	94	126
Amortization of prior service credit	(84)	(111)
Recognized net actuarial loss	52	100
Net periodic benefit cost	86	145
Foreign Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	142	130
Interest cost	92	114
Expected return on plan assets	(129)	(148)
Recognized net actuarial loss	41	45
Net periodic benefit cost	$ 146	$ 141

Pension and Postretirement Be86

Pension and Postretirement Benefits - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)
Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in postretirement benefit plans	$ 1.1
Pension and Other Postretirement Benefit Contributions	0.3
Funded Plans | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in funded pension plans	1.1
Pension Contributions	0.2
Unfunded Pension Plans | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in unfunded pension plans	1
Pension Contributions	$ 0.2

Restructuring Charges - Changes

Restructuring Charges - Changes to Restructuring Liability by Major Restructuring Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Restructuring Cost And Reserve [Line Items]
Beginning balance	$ 2,549
Restructuring charges	162	$ 394
Cash payments	(482)
Adjustment to liability	(14)
Ending balance	2,215
GES | Severance & Employee Benefits
Restructuring Cost And Reserve [Line Items]
Beginning balance	1,551
Restructuring charges	32
Cash payments	(167)
Adjustment to liability	451
Ending balance	1,867
GES | Facilities
Restructuring Cost And Reserve [Line Items]
Beginning balance	807
Cash payments	(20)
Adjustment to liability	(451)
Ending balance	336
Other Restructuring | Severance & Employee Benefits
Restructuring Cost And Reserve [Line Items]
Beginning balance	191
Restructuring charges	130
Cash payments	(295)
Adjustment to liability	(14)
Ending balance	$ 12

Litigation, Claims, Contingen88

Litigation, Claims, Contingencies and Other - Narrative (Details)	3 Months Ended
	Mar. 31, 2018USD ($)Agreement	Mar. 31, 2017USD ($)
Loss Contingencies [Line Items]
Environmental remediation liability	$ 2,300,000
Maximum potential amount of future payments	$ 19,100,000
Guarantees relate to facilities leased by the company	2027-10
Recourse provision to recover guarantees	$ 0
Bargaining agreements | Agreement	100
Self insurance reserve	$ 19,000,000
Workers' compensation liability	13,600,000
Self insurance reserve for general and auto	5,400,000
Self insurance reserve on discontinued operations	2,800,000
Payments for self insurance	1,500,000	$ 1,300,000
Self insurance reserve in which company is the primary obligor	10,400,000
Self insurance reserve in which company is the primary obligor for workers compensation	6,900,000
Self insurance reserve in which company is the primary obligor for general liability	3,500,000
Minimum
Loss Contingencies [Line Items]
General range on claims	200,000
Maximum
Loss Contingencies [Line Items]
General range on claims	$ 500,000

Redeemable Noncontrolling Int89

Redeemable Noncontrolling Interest - Narrative (Details) - Esja Attractions ehf. - EUR (€)	3 Months Ended
	Mar. 31, 2018	Nov. 03, 2017
Redeemable Noncontrolling Interest [Line Items]
Percentage of controlling interest acquired		54.50%
EBITDA trailing period	12 months
Put option right of exercisable period upon earnings	36 months
Redeemable noncontrolling interest conditions	The put option is only exercisable after 36 months of business operation (the “Reference Date”) and if the FlyOver Iceland attraction has earned a minimum of €3.25 million in unadjusted EBITDA during the most recent fiscal year and during the trailing 12-month period prior to exercise (the “Put Option Condition”). The put option is exercisable during a period of 12 months following the Reference Date (the “Option Period”) and if the Put Option Condition has been met. If the Put Option Condition has not been met during the first Option Period, the Reference Date will be extended for an additional 12 months up to three times. If after 72 months, the FlyOver Iceland attraction has not achieved the Put Option Condition, the put option expires. If the Put Option Condition is met during any of the Option Periods, yet the shares are not exercised prior to the end of the 12-month Option Period, the put option will expire.
Put option exercisable period	12 months
Put option additional exercisable period upon not meeting of conditions	12 months
FlyOver Iceland
Redeemable Noncontrolling Interest [Line Items]
Put option expiration period	72 months
FlyOver Iceland | Minimum
Redeemable Noncontrolling Interest [Line Items]
Unadjusted EBITDA	€ 3,250,000

Redeemable Noncontrolling Int90

Redeemable Noncontrolling Interest - Summary of Changes in Redeemable Noncontrolling Interest (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Noncontrolling Interest [Abstract]
Balance at December 31, 2017	$ 6,648
Net loss attributable to redeemable noncontrolling interest	(84)
Adjustment to the redemption value	38
Foreign currency translation adjustment	348
Balance at March 31, 2018	$ 6,950

Segment Information - Reconcili

Segment Information - Reconciliation of Income Statement Items from Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Reportable segments reconciliations:
Total revenue		$ 277,428	$ 325,807
Segment operating income (loss)		(13,016)	10,579
Interest income		84	58
Interest expense		(2,069)	(2,105)
Other expense	[1]	(238)	(452)
Restructuring recoveries (charges)		(162)	(394)
Impairment recoveries			2,384
Income (loss) from continuing operations before income taxes		(15,401)	10,070
Pursuit
Reportable segments reconciliations:
Total revenue		9,722
Operating Segments
Reportable segments reconciliations:
Segment operating income (loss)		(10,815)	13,104
Operating Segments | GES
Reportable segments reconciliations:
Total revenue		267,706	317,871
Segment operating income (loss)		580	23,379
Operating Segments | Pursuit
Reportable segments reconciliations:
Total revenue		9,722	7,936
Segment operating income (loss)		(11,395)	(10,275)
Restructuring recoveries (charges)		(140)
Impairment recoveries			2,384
Intersegment Eliminations | GES
Reportable segments reconciliations:
Total revenue		(3,348)	(3,239)
Corporate Eliminations
Reportable segments reconciliations:
Segment operating income (loss)	[2]	16	16
Corporate
Reportable segments reconciliations:
Segment operating income (loss)		(2,217)	(2,541)
Restructuring recoveries (charges)		10	(137)
U.S. | Operating Segments | GES
Reportable segments reconciliations:
Total revenue		203,868	257,211
Segment operating income (loss)		(1,556)	21,346
Restructuring recoveries (charges)			(24)
International | Operating Segments | GES
Reportable segments reconciliations:
Total revenue		67,186	63,899
Segment operating income (loss)		2,136	2,033
Restructuring recoveries (charges)		$ (32)	$ (233)
[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 months ended March 31, 2018, and we reclassified $0.5 million from operating expenses to other expense for the three months ended March 31, 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]	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.

Segment Information - Reconci92

Segment Information - Reconciliation of Income Statement Items from Reportable Segments (Parenthetical) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Segment Reporting Information [Line Items]
Other expense	[1]	$ 238	$ 452
ASU 2017-07
Segment Reporting Information [Line Items]
Other expense			$ 452
[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 months ended March 31, 2018, and we reclassified $0.5 million from operating expenses to other expense for the three months ended March 31, 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.