Viad (VVI) 10-Q 7 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 03, 2021
Document Information [Line Items]
Entity Registrant Name	Viad Corp
Entity Central Index Key	0000884219
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Incorporation, State or Country Code	DE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity File Number	001-11015
Entity Tax Identification Number	36-1169950
Entity Address, Address Line One	1850 North Central Avenue
Entity Address, Address Line Two	Suite 1900
Entity Address, City or Town	Phoenix
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85004-4565
City Area Code	602
Local Phone Number	207-1000
Entity Common Stock, Shares Outstanding		20,483,915
Document Quarterly Report	true
Document Transition Report	false
Common Stock
Document Information [Line Items]
Trading Symbol	VVI
Title of 12(b) Security	Common Stock, $1.50 Par Value
Security Exchange Name	NYSE
Junior Participating Preferred Stock
Document Information [Line Items]
No Trading Symbol Flag	true
Title of 12(b) Security	Preferred Stock Purchase Rights

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 34,714	$ 39,545
Accounts receivable, net of allowances for doubtful accounts of $2,791 and $5,310, respectively	18,472	17,837
Inventories	8,406	8,727
Current contract costs	8,781	7,923
Other current assets	18,448	17,225
Total current assets	88,821	91,257
Property and equipment, net	533,614	492,154
Other investments and assets	15,709	15,492
Operating lease right-of-use assets	81,488	82,739
Deferred income taxes	1,445	563
Goodwill	112,947	99,847
Other intangible assets, net	70,631	71,172
Total Assets	904,655	853,224
Current liabilities
Accounts payable	20,559	21,037
Contract liabilities	26,797	18,595
Accrued compensation	9,507	7,030
Operating lease obligations	14,684	15,697
Other current liabilities	25,000	27,039
Current portion of debt and finance lease obligations	2,800	8,335
Total current liabilities	99,347	97,733
Long-term debt and finance lease obligations	367,418	285,356
Pension and postretirement benefits	27,113	27,264
Long-term operating lease obligations	72,878	70,150
Other deferred items and liabilities	62,467	64,628
Total liabilities	629,223	545,131
Commitments and contingencies
Redeemable noncontrolling interest	5,006	5,225
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	566,643	568,100
Accumulated deficit	(296,317)	(253,164)
Accumulated other comprehensive loss	(26,543)	(30,641)
Common stock in treasury, at cost, 4,456,261 and 4,475,489 shares, respectively	(224,683)	(225,742)
Total Viad stockholders’ equity	56,502	95,955
Non-redeemable noncontrolling interest	83,257	78,144
Total stockholders’ equity	139,759	174,099
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity	904,655	853,224
Convertible Series A Preferred Stock
Current liabilities
Convertible Series A Preferred Stock, $0.01 par value, 180,000 shares authorized, 135,000 shares issued and outstanding	$ 130,667	$ 128,769

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Allowance for doubtful accounts	$ 2,791	$ 5,310
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	4,456,261	4,475,489
Convertible Series A Preferred Stock
Preferred Stock, Par value	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	180,000	180,000
Preferred Stock, Shares Issued	135,000	135,000
Preferred Stock, Shares Outstanding	135,000	135,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Revenue:
Total revenue		$ 28,935	$ 294,658
Costs and expenses:
Corporate activities		2,005	789
Interest income		(33)	(79)
Interest expense		5,118	4,018
Other expense, net		360	419
Restructuring charges		2,826	851
Impairment charges			88,380
Total costs and expenses		77,419	398,436
Loss from continuing operations before income taxes		(48,484)	(103,778)
Income tax benefit		(3,045)	(15,797)
Loss from continuing operations		(45,439)	(87,981)
Income (loss) from discontinued operations		348	(454)
Net loss		(45,091)	(88,435)
Net loss attributable to non-redeemable noncontrolling interest		1,445	1,333
Net loss attributable to redeemable noncontrolling interest		494	517
Net loss attributable to Viad		$ (43,152)	$ (86,585)
Diluted loss per common share:
Continuing operations attributable to Viad common stockholders		$ (2.23)	$ (4.27)
Discontinued operations attributable to Viad common stockholders		0.02	(0.02)
Net loss attributable to Viad common stockholders	[1]	$ (2.21)	$ (4.29)
Weighted-average outstanding and potentially dilutive common shares		20,370	20,215
Basic loss per common share:
Continuing operations attributable to Viad common stockholders		$ (2.23)	$ (4.27)
Discontinued operations attributable to Viad common stockholders		0.02	(0.02)
Net loss attributable to Viad common stockholders		$ (2.21)	$ (4.29)
Weighted-average outstanding common shares		20,370	20,215
Dividends declared per common share			$ 0.10
Amounts attributable to Viad common stockholders
Loss from continuing operations		$ (43,500)	$ (86,131)
Income (loss) from discontinued operations		348	(454)
Services
Revenue:
Total revenue		24,900	264,206
Costs and expenses:
Costs and expenses		56,368	273,052
Products
Revenue:
Total revenue		4,035	30,452
Costs and expenses:
Costs and expenses		$ 10,775	$ 31,006
[1]	Diluted loss per share amount cannot exceed basic loss per share.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net loss		$ (45,091)	$ (88,435)
Other comprehensive income (loss):
Unrealized foreign currency translation adjustments		3,977	(28,158)
Change in net actuarial loss, net of tax	[1]	177	341
Change in prior service cost, net of tax	[1]	(56)	(27)
Comprehensive loss		(40,993)	(116,279)
Non-redeemable noncontrolling interest:
Net loss attributable to non-redeemable noncontrolling interest		1,445	1,333
Unrealized foreign currency translation adjustments		750	(5,719)
Redeemable noncontrolling interest:
Comprehensive loss attributable to redeemable noncontrolling interest		494	517
Comprehensive loss attributable to Viad		$ (38,304)	$ (120,148)
[1]	The tax effect on other comprehensive income (loss) is not significant.

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND MEZZANINE EQUITY (Unaudited) - USD ($) $ in Thousands	Total		Common Stock	Additional Capital	Retained earnings (Deflicit)	Accumulated Other Comprehensive Income (Loss)	Common Stock in Treasury	Total Viad Equity	Non-Redeemable Non-Controlling Interest	Mezzanine Equity Redeemable Non Controlling Interest	Convertible Series A Preferred Stock
Beginning Balance at Dec. 31, 2019	$ 547,229		$ 37,402	$ 574,473	$ 122,971	$ (35,699)	$ (231,649)	$ 467,498	$ 79,731	$ 6,172
Increase Decrease In Stockholders' Equity Roll Forward
Net loss	(87,918)				(86,585)			(86,585)	(1,333)	(517)
Dividends on convertible preferred stock
Dividends on common stock	(2,038)				(2,038)			(2,038)
Capital contribution and distributions to noncontrolling interest	(1,526)								(1,526)
Payment of payroll taxes on stock-based compensation through shares withheld	(1,059)						(1,059)	(1,059)
Common stock purchased for treasury	(2,785)						(2,785)	(2,785)
Employee benefit plans	1,912			(3,810)			5,722	1,912
Share-based compensation - equity awards	276			276				276
Unrealized foreign currency translation adjustment	(33,877)					(28,158)		(28,158)	(5,719)	(873)
Amortization of net actuarial loss, net of tax	341	[1]				341		341
Amortization of prior service cost, net of tax	(27)	[1]				(27)		(27)
Other, net	(80)			(80)	(1)		1	(80)		126
Ending Balance at Mar. 31, 2020	420,448		37,402	570,859	34,347	(63,543)	(229,770)	349,295	71,153	4,908
Beginning Balance at Dec. 31, 2020	174,099		37,402	568,100	(253,164)	(30,641)	(225,742)	95,955	78,144	5,225	$ 128,769
Increase Decrease In Stockholders' Equity Roll Forward
Net loss	(44,597)				(43,152)			(43,152)	(1,445)	(494)
Dividends on convertible preferred stock	(1,898)			(1,898)				(1,898)			1,898
Capital contribution and distributions to noncontrolling interest	(951)								(951)	142
Payment of payroll taxes on stock-based compensation through shares withheld	(519)						(519)	(519)
Employee benefit plans	380			(1,198)			1,578	380
Share-based compensation - equity awards	1,626			1,626				1,626
Unrealized foreign currency translation adjustment	4,727					3,977		3,977	750	77
Amortization of net actuarial loss, net of tax	177	[1]				177		177
Amortization of prior service cost, net of tax	(56)	[1]				(56)		(56)
Acquisitions	6,759								6,759
Other, net	12			13	(1)			12		56
Ending Balance at Mar. 31, 2021	$ 139,759		$ 37,402	$ 566,643	$ (296,317)	$ (26,543)	$ (224,683)	$ 56,502	$ 83,257	$ 5,006	$ 130,667
[1]	The tax effect on other comprehensive income (loss) is not significant.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND MEZZANINE EQUITY (Parenthetical) (Unaudited)	3 Months Ended
	Mar. 31, 2020$ / shares
Statement Of Stockholders Equity [Abstract]
Dividends on common stock per share	$ 0.10

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities
Net loss	$ (45,091)	$ (88,435)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	13,177	15,285
Deferred income taxes	(3,019)	(15,799)
(Income) loss from discontinued operations	(348)	454
Restructuring charges	2,826	851
Impairment charges		88,380
Gains on dispositions of property and other assets	(9,250)	(85)
Share-based compensation expense (benefit)	1,763	(2,145)
Other non-cash items, net	(171)	9,342
Change in operating assets and liabilities:
Receivables	(1,284)	15,651
Inventories	351	(711)
Current contract costs	(828)	8,970
Accounts payable	(8,440)	(1,109)
Restructuring liabilities	(2,250)	(1,293)
Accrued compensation	1,364	(20,551)
Contract liabilities	8,148	(12,602)
Income taxes payable	(19)	17,753
Other assets and liabilities, net	10,352	(18,675)
Net cash used in operating activities	(32,719)	(4,719)
Cash flows from investing activities
Capital expenditures	(9,371)	(23,246)
Cash paid for acquisitions, net	(7,415)
Proceeds from dispositions of property and other assets	14,106	85
Net cash used in investing activities	(2,680)	(23,161)
Cash flows from financing activities
Proceeds from borrowings	40,860	160,755
Payments on debt and finance lease obligations	(8,310)	(56,077)
Dividends paid on common stock		(2,038)
Distributions to noncontrolling interest, net of contributions from noncontrolling interest	(809)	(1,526)
Payment of payroll taxes on stock-based compensation through shares withheld or repurchased	(519)	(1,059)
Common stock purchased for treasury		(2,785)
Proceeds from exercise of stock options		2,077
Net cash provided by financing activities	31,222	99,347
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	151	(2,938)
Net change in cash, cash equivalents, and restricted cash	(4,026)	68,529
Cash, cash equivalents, and restricted cash, beginning of year	41,971	62,004
Cash, cash equivalents, and restricted cash, end of period	$ 37,945	$ 130,533

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Overview and Basis of Presentation	Note 1. Overview and Basis of Presentation Basis of Presentation The accompanying unaudited condensed consolidated financial statements were 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. 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, 2020, filed with the SEC on March 2, 2021 (“2020 Form 10-K”). The condensed consolidated financial statements include the accounts of Viad and its subsidiaries. We have eliminated all significant intercompany account balances and transactions in consolidation. Nature of Business We are a leading provider of experiential leisure travel and live events and marketing experiences with operations in the United States, Canada, the United Kingdom, continental Europe, the United Arab Emirates, and Iceland. We are committed to providing unforgettable experiences to our clients and guests. We operate through two reportable business segments: GES and Pursuit. GES GES is a global, full-service provider for live events that partners with show organizers, exhibitors, and brand marketers to create high-value, live events. GES offers a comprehensive range of live event services, from the design and production of compelling, immersive experiences that engage audiences and build brand awareness, to material handling, rigging, electrical, and other on-site event services. In addition, GES offers clients a full suite of audio-visual services from creative and technology to content and design, along with registration, data analytics, engagement, and online tools powered by next generation technologies that help clients easily manage the complexities of their event. Pursuit Pursuit is a collection of inspiring and unforgettable travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services Impact of COVID-19 Starting in mid-March 2020 and extending through the first quarter of 2021, the COVID-19 pandemic had a significant and negative impact on our operations and financial performance, with live events largely shut down and severe tourism activity disruptions. In response to the COVID-19 pandemic, we implemented aggressive cost reduction measures in 2020 to preserve cash, including furloughs, layoffs, mandatory unpaid time off or salary reductions for all employees, and the reduction of discretionary spending. We also suspended future dividend payments and share repurchases, and we availed ourselves of governmental assistance programs for wages and tax relief. In August 2020, we secured additional capital to strengthen our liquidity position by entering into an investment agreement with funds managed by private equity firm Crestview Partners who made an initial investment of $135 million, offset in part by $9.2 million in fees, in newly issued perpetual convertible preferred stock. Refer to Note 15 – Common and Preferred Stock for further information. In August 2020, we also amended our Second Amended and Restated Credit Agreement (the “2018 Credit Agreement”) to provide financial flexibility, which, among other things waives our financial covenants until September 30, 2022. Refer to Note 12 – Debt and Finance Lease Obligations for further information. During the three months ended March 31, 2021, we continued to preserve cash and closely managed our costs. In connection with the acceleration of COVID-19 vaccination programs in certain of our geographic territories, we began to see early signs of recovery in the travel and hospitality and live event sectors during the first quarter of 2021, with more live event markets opening, smaller scale live events taking place, and an uptick in bookings. Event organizers continue to assess when it will be possible to safely hold larger scale face-to-face live events. Reclassifications During the first quarter of 2021, we reorganized GES’ operating segments to represent the changes in how our chief operating decision maker (“CODM”) reviews the financial performance of GES and makes decisions regarding the allocation of resources. As a result, we changed the presentation of certain items in GES’ disaggregation of revenue and reportable segments. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities and Note 23 – Segment Information for additional information. We reclassed certain prior-year amounts to conform to current-period presentation. Such reclassifications had no impact on our results of operations or cash flows. Correction to Prior Period Financial Statements As previously disclosed in our 2020 Form 10-K, we identified prior period errors related to the recognition of revenue of GES’ third-party services. Revenue from these services should have been recorded on a net basis to reflect only the fees received for arranging these services, whereas previously, we recorded this revenue on a gross basis, thus overstating revenue and cost of services by the same amount. As a result, we corrected the accompanying Condensed Consolidated Statements of Operations for the three months ended March 31, 2020 related to this gross-to-net adjustment. We determined that these errors were not material to the previously issued financial statements. Note 2 – Revenue and Related Contract Costs and Contract Liabilities and Note 23 – Segment Information reflect this correction. Three Months Ended March 31, 2020 (in thousands) Services Revenue Cost of Services As previously reported $ 275,556 $ 284,402 Gross to net correction for GES (11,350 ) (11,350 ) Total as corrected $ 264,206 $ 273,052 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 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40) The amendment simplifies the accounting for convertible instruments by reducing the number of accounting models available for convertible debt instruments and convertible preferred stock. The amendment also requires expanded disclosures about the terms and features of convertible instruments. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. 1/1/2022 We are currently evaluating the potential impact of the adoption of this new guidance on our consolidated financial statements and if there are applicable provisions that will simplify our accounting or reporting we will likely pursue early adoption. Standard Description Date of adoption Effect on the financial statements Standards Recently Adopted ASU 2019-12 , Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes The amendment enhances and simplifies various aspects of the income tax accounting guidance, including requirements such as ownership changes in investments, and interim-period accounting for enacted changes in tax law. 1/1/2021 The adoption of this new standard on January 1, 2021 did not have a material impact on our consolidated financial statements. Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with U.S. 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: impairment testing of recorded goodwill and intangible assets and long-lived assets; allowances for uncollectible accounts receivable; sales reserve allowances; 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; pension and postretirement benefit costs and obligations; share-based compensation costs; the discount rates used to value lease obligations; the redemption value of redeemable noncontrolling interests; and the allocation of purchase price of acquired businesses. Actual results could differ from these and other estimates. Cash, Cash Equivalents, and Restricted Cash Cash equivalents are highly-liquid investments with remaining maturities when purchased of three months or less. Cash and cash equivalents consist of cash and bank demand deposits and money market funds. Investments in money market funds are classified as available-for-sale and carried at fair value. Restricted cash represents collateral required for surety bonds, bank guarantees, and letters of credit. Cash, cash equivalents, and restricted cash balances presented in the Condensed Consolidated Statements of Cash Flows consisted of the following: March 31, December 31, (in thousands) 2021 2020 Cash and cash equivalents $ 34,714 $ 39,545 Restricted cash included in other current assets 3,231 2,426 Cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 37,945 $ 41,971 Revenue Recognition 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 delivering the service to a customer. GES’ service revenue is primarily derived through its comprehensive range of marketing, event production, and other related services to event organizers and corporate brand marketers . Pursuit’s service revenue is derived through its admissions, accommodations, 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. Noncontrolling Interests – Non-redeemable and Redeemable Non-redeemable noncontrolling interest represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to us. We report non-redeemable noncontrolling interest within stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of consolidated net income or loss attributable to Viad and the non-redeemable noncontrolling interest is presented in the Condensed Consolidated Statements of Operations. We consider noncontrolling interests with redemption features that are not solely within our control to be redeemable noncontrolling interests. Our redeemable noncontrolling interest relates to our 54.5% equity ownership interest in Esja Attractions ehf. (“Esja”), which owns the FlyOver Iceland attraction. The Esja shareholders the right to sell (or “put”) their Esja shares to us based on a calculated formula within a predefined term. This redeemable noncontrolling interest is considered mezzanine equity and we report it between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of the net income or loss attributable to redeemable noncontrolling interests is recorded in the Condensed Consolidated Statements of Operations and the accretion of the redemption value is recorded as an adjustment to accumulated deficit and is included in our loss per share. Refer to Note 22 – Noncontrolling Interest – Redeemable and Non-redeemable for additional information. Convertible Preferred Stock We record shares of convertible preferred stock based on proceeds received net of costs on the date of issuance. Redeemable preferred stock (including preferred stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control) is classified as mezzanine equity and is reported between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets. Leases We recognize a right-of-use (“ROU”) asset and lease liability on the balance sheet and classify leases as either finance or operating leases. The classification of the lease determines whether we recognize the lease expense on an effective interest method basis (finance lease) or on a straight-line basis (operating lease) over the lease term. In determining whether an agreement contains a lease, we consider if we have a right to control the use of the underlying asset during the lease term in exchange for an obligation to make lease payments arising from the lease. We recognize ROU assets and lease liabilities at commencement date, which is when the underlying asset is available for use to a lessee, based on the present value of lease payments over the lease term. Our operating and finance leases are primarily facility, equipment, and land leases. Our facility leases comprise mainly manufacturing facilities, sales and design facilities, offices, storage and/or warehouses, and truck marshaling yards. These facility leases generally have lease terms ranging up to 24 years. Our equipment leases comprise mainly vehicles, hardware, and office equipment, each with various lease terms. Our land leases comprise mainly leases in Canada and Iceland on which our hotels or attractions are located and have lease terms ranging up to 46 years. If a lease contains a renewal option that is reasonably certain to be exercised, then the lease term includes the optional periods in measuring a ROU asset and lease liability. We evaluate the reasonably certain threshold at lease commencement, and it is typically met if we identify substantial economic incentives or termination penalties. We do not include variable leases and variable non-lease components in the calculation of the ROU asset and corresponding lease liability. For facility leases, variable lease costs include the costs of common area maintenance, taxes, and insurance for which we pay our lessors an estimate that we adjust to actual expense on a quarterly or annual basis depending on the underlying contract terms. We expense these variable lease payments as incurred. Our lease agreements do not contain any significant residual value guarantees or restrictive covenants. Substantially all of our lease agreements do not specify an implicit borrowing rate, and as such, we utilize an incremental borrowing rate based on lease term and country, in order to calculate the present value of our future lease payments. The discount rate represents a risk-adjusted rate on a collateralized basis and is the expected rate at which we would borrow funds to satisfy the scheduled lease liability payment streams commensurate with the lease term and the country. We are also a lessor to third party tenants who either lease certain portions of facilities that we own or sublease certain portions of facilities that we lease. We record lease income from owned facilities as rental income and we record sublease income from leased facilities against lease expense in the Condensed Consolidated Statements of Operations. We classify all of our leases for which we are the lessor as operating leases.

Revenue and Related Contract Co

Revenue and Related Contract Costs and Contract Liabilities	3 Months Ended
	Mar. 31, 2021
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 we often sign multi-year contracts 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 and/or sale of a product in connection with a live event. Revenue for goods and services provided for which we do not have control of the goods or services before that good or service is transferred to a customer is recorded on a net basis to reflect only the fees received for arranging these services. We recognize revenue for services generally at the close of the live event. We recognize revenue for products either upon delivery to the customer’s location, upon delivery to an event that we are serving, or when we have the right to invoice. In circumstances where a customer cancels a contract, we generally have the right to bill the customer for costs incurred to date. 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. We recognize revenue when the service has been provided or the product has been delivered. When we extend credit, payment terms are generally within 30 days and contain no significant financing components. Contract Liabilities GES and Pursuit typically receive customer deposits prior to transferring the related product or service to the customer. We record these deposits as a contract liability, which are 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 we recognize as a reduction of revenue. We include these amounts in the Condensed Consolidated Balance Sheets under the captions “Contract liabilities” and “Other deferred items and liabilities.” Changes to contract liabilities are as follows: (in thousands) Balance at December 31, 2020 $ 18,618 Cash additions 14,338 Revenue recognized (5,647 ) Foreign exchange translation adjustment (453 ) Balance at March 31, 2021 $ 26,856 Contract Costs 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 up-front incentives and commissions incurred upon contract signing. We expense costs associated with preliminary contract activities (i.e. proposal activities) 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, as applicable. We include the deferred incremental costs of obtaining and fulfilling contracts in the Condensed Consolidated Balance Sheets under the captions “Current contract costs” and “Other investments and assets.” Changes to contract costs are as follows: (in thousands) Balance at December 31, 2020 $ 10,835 Additions 4,394 Expenses (3,237 ) Cancelled (432 ) Foreign exchange translation adjustment 34 Balance at March 31, 2021 $ 11,594 As of March 31, 2021, capitalized contract costs consisted of $0.8 million to obtain contracts and $10.8 million to fulfill contracts. We did not recognize an impairment loss with respect to capitalized contract costs during the three months ended March 31, 2021 or 2020. Disaggregation of Revenue During the first quarter of 2021, we changed GES’ presentation of certain items in the following disaggregation of revenue table to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. All prior periods have been reclassified to conform to this new reporting structure. The following tables disaggregate GES and Pursuit revenue by major service and product lines, timing of revenue recognition, and markets served: GES Three Months Ended March 31, (in thousands) 2021 2020 Service lines: Exhibitions and Conferences $ 5,835 $ 201,159 Brand experiences 11,704 68,995 Venue services 1,606 10,981 Total revenue $ 19,145 $ 281,135 Timing of revenue recognition: Services transferred over time $ 17,015 $ 253,226 Products transferred over time ( 1) 417 13,027 Products transferred at a point in time 1,713 14,882 Total revenue $ 19,145 $ 281,135 Geographical markets: North America $ 15,858 $ 242,440 EMEA 3,903 40,684 Intersegment eliminations (616 ) (1,989 ) Total revenue $ 19,145 $ 281,135 (1) GES’ graphics product revenue is earned over time over the duration of an event as it is considered a part of the single performance obligation satisfied over time. Pursuit Three Months Ended March 31, (in thousands) 2021 2020 Services: Admissions $ 1,484 $ 4,102 Accommodations 5,150 4,517 Transportation 537 2,056 Travel planning 714 416 Intersegment eliminations — (111 ) Total services revenue 7,885 10,980 Products: Food and beverage 1,224 1,649 Retail operations 681 894 Total products revenue 1,905 2,543 Total revenue $ 9,790 $ 13,523 Timing of revenue recognition: Services transferred over time $ 7,885 $ 10,980 Products transferred at a point in time 1,905 2,543 Total revenue $ 9,790 $ 13,523 Markets: Banff Jasper Collection $ 8,460 $ 9,799 Alaska Collection 289 151 Glacier Park Collection 578 723 FlyOver 463 2,850 Total revenue $ 9,790 $ 13,523

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	Note 3. Share-Based Compensation 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 term and provides for the following types of awards: (a) incentive and non-qualified stock options; (b) restricted stock awards 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, 2021, there were 759,578 shares available for future grant under the 2017 Plan. The following table summarizes share-based compensation (income) expense: Three Months Ended March 31, (in thousands) 2021 2020 Performance-based restricted stock units $ 140 $ (2,635 ) Restricted stock awards and restricted stock units 1,244 490 Stock options 379 — Share-based compensation (income) expense before income tax 1,763 (2,145 ) Income tax benefit (1) (27 ) (109 ) Share-based compensation (income) expense, net of income tax $ 1,736 $ (2,254 ) (1) The 2021 income tax benefit amount primarily reflects the tax benefit associated with our Canadian-based employees. There was no income tax benefit associated with our employees in the United States and the United Kingdom due to a valuation allowance on our deferred tax assets within these jurisdictions. Refer to Note 17 – Income Taxes. Performance-based Restricted Stock Units Performance-based restricted stock units (“PRSU”) are tied to our stock price and the expected achievement of certain performance-based criteria. The vesting of PRSU shares is based upon the achievement of the performance-based criteria over a three to four-year period. We account for PRSU awards that will be settled in shares of our common stock as equity-based awards. We measure share-based compensation expense of equity-based awards at fair value on the grant date on a straight-line basis over the vesting period. The estimated number of shares to be achieved is updated each reporting period. We account for PRSU awards that will be settled in cash as liability-based awards. We measure share-based compensation expense of liability-based awards at fair value at each reporting date until the date of settlement. Forfeitures are accounted for as they occur. During the three months ended March 31, 2021, we granted PRSU awards with a grant date fair value of $3.2 million, all of which are payable in shares. In 2021, PRSU awards granted in 2018 vested; however, as performance metrics were not achieved, no awards were paid in cash or in shares. In 2020, PRSU awards granted in 2017 vested and we paid $2.6 million in cash. No PRSU awards were paid in shares in 2020. As of March 31, 2021, the unamortized cost of outstanding equity-based PRSU awards was $3.1 million, which we expect to recognize over a weighted-average period of approximately 2.8 years. Liabilities related to liability-based PRSU awards were $0.9 million as of March 31, 2021 and $0.8 million as of December 31, 2020. The following table summarizes the activity of the outstanding PRSU awards: Equity-Based PRSU Awards Liability-Based PRSU Awards Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Balance at December 31, 2020 61,208 $ 57.18 121,485 $ 56.34 Granted 101,785 $ 31.28 — $ — Vested — $ — (42,698 ) $ 51.96 Forfeited — $ — (703 ) $ 56.97 Balance at March 31, 2021 162,993 $ 41.01 78,084 $ 57.12 Service-based Restricted Stock Awards and Restricted Stock Units Restricted stock awards and restricted stock units are service-based awards. We account for restricted stock awards and restricted stock units that will be settled in shares of our common stock as equity-based awards. We measure share-based compensation expense of equity-based awards at fair value on the grant date on a straight-line basis over the vesting period. We account for restricted stock units that will be settled in cash as liability-based awards. We measure share-based compensation expense of liability-based awards at fair value at each reporting date until the date of settlement. Forfeitures are recorded when they occur. As of March 31, 2021, the unamortized cost of outstanding equity-based restricted stock awards and restricted stock units was $6.8 million, which we expect to recognize over a weighted-average period of approximately 1.3 years. We repurchased 12,055 shares for $0.5 million during the three months ended March 31, 2021 and 17,674 shares for $1.1 million during the three months ended March 31, 2020 related to tax withholding requirements on vested share-based awards. Aggregate liabilities related to liability-based restricted stock units were $0.2 million as of March 31, 2021 and $0.2 million as of December 31, 2020. During the three months ended March 31, 2021, 3,174 restricted stock units vested, and we paid $0.1 million in cash. During the three months ended March 31, 2020, 2,815 restricted stock units vested, and we paid $0.2 million in cash. The following table summarizes the activity of the outstanding restricted stock awards and restricted stock units: Equity-Based Restricted Stock Awards Equity-Based Restricted Stock Units Liability-Based 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, 2020 107,107 $ 53.23 151,261 $ 19.51 10,459 $ 51.91 Granted 22,320 $ 44.80 62,919 $ 44.79 — $ — Vested (37,170 ) $ 53.86 — $ — (3,174 ) $ 52.24 Forfeited (1,030 ) $ 56.94 (2,026 ) $ 19.75 — $ — Balance at March 31, 2021 91,227 $ 50.87 212,154 $ 27.00 7,285 $ 53.34 Stock Options We grant non-qualified stock options that are performance-based, as well as non-qualified options that are service-based. The performance-based awards are recognized on a straight-line basis over the performance period ranging from 1.0 to 3.4 years, and the underlying shares expected to be settled are adjusted each reporting period based on estimated future achievement of the respective performance metrics. The service-based awards are recognized on a straight-line basis over the requisite service period on a graded-vesting schedule over two years. The following table summarizes stock option activity: Shares Weighted-Average Exercise Price Aggregate Intrinsic Value (1) Options outstanding at December 31, 2020 204,150 $ 19.98 Granted 137,858 $ 44.80 Exercised — $ — Options outstanding at March 31, 2021 342,008 $ 29.98 $ 4,445,085 Options exercisable at March 31, 2021 — $ — $ — (1) The aggregate intrinsic value of stock options outstanding represents the difference between our closing stock price at the end of the reporting period and the exercise price, multiplied by the number of in-the-money stock options. The following table summarizes stock options outstanding and exercisable as of March 31, 2021: Options Outstanding Options Exercisable Range of exercise prices Shares Weighted-Average Remaining Contractual Life (in years) Weighted-Average Exercise Price Shares Weighted-Average Exercise Price $ 19.30 150,000 7.75 $ 19.30 — $ — $ 21.85 54,150 6.41 $ 21.85 — $ — $ 44.80 137,858 6.90 $ 44.80 — $ — $19.30 - $44.80 342,008 7.20 $ 29.98 — $ — The fair value of stock options granted in 2021 was estimated on the date of grant using the Black-Scholes option pricing model. Following is additional information on stock options granted during the three months ended March 31, 2021 and the underlying assumptions used in assessing fair value: Three Months Ended March 31, 2021 Assumptions used to estimate fair value of stock options granted: Risk-free interest rate 0.50% Expected term (in years) 4.5 Expected volatility 55.8% Expected dividend yield — Weighted average grant-date fair value per share of options granted $ 20.26 As of March 31, 2021, the total unrecognized compensation cost related to non-vested stock option awards was $3.8 million. We expect to recognize such costs over a weighted-average period of approximately 1.9 years.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
Acquisitions	Note 4. Acquisitions 2021 Acquisitions Golden Skybridge On March 18, 2021, we acquired a 60% controlling interest in the Golden Skybridge attraction for total cash consideration of $15 million Canadian dollars (approximately $12 million U.S. dollars), of which $6 million Canadian dollars (approximately $4.8 million U.S. dollars) will be used to fund remaining development and start-up costs. The Golden Skybridge is expected to open in June 2021. The preliminary recording of the fair value of net assets acquired as of the acquisition date included $2.2 million in property and equipment and $6.8 million in noncontrolling interest. Under the acquisition method of accounting, the purchase price is allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The excess purchase price over the fair value of net assets acquired of $11.8 million was recorded as “Goodwill.” Goodwill is included in the Pursuit business group. The primary factor that contributed to the purchase price resulting in the recognition of goodwill related to future growth opportunities when combined with our other businesses. Goodwill is not deductible for tax purposes. Due to the recent timing of the acquisition, the purchase price allocation is not yet finalized and is subject to change within the measurement period (up to one year from the acquisition date) as the assessment of acquired assets is finalized. Transaction costs associated with the acquisition were $0.2 million during 2021, which are included in “Cost of services” in the Condensed Consolidated Statements of Operations.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
Inventories	Note 5. Inventories We state inventories, which consist primarily of exhibit design and construction materials and supplies, as well as retail inventory, at the lower of cost (first-in, first-out and specific identification methods) or net realizable value. The components of inventories consisted of the following: March 31, December 31, (in thousands) 2021 2020 Raw materials $ 2,737 $ 3,362 Finished goods 5,669 5,365 Inventories $ 8,406 $ 8,727

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Prepaid insurance $ 4,109 $ 4,297 Restricted cash 3,231 2,426 Prepaid software maintenance 3,179 3,058 Prepaid vendor payments 1,275 1,835 Income tax receivable 905 337 Prepaid taxes 307 345 Prepaid other 1,423 1,296 Other 4,019 3,631 Other current assets $ 18,448 $ 17,225

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Land and land interests $ 30,583 $ 32,849 Buildings and leasehold improvements 382,387 386,751 Equipment and other 411,030 401,288 Gross property and equipment 824,000 820,888 Accumulated depreciation (354,320 ) (352,100 ) Property and equipment, net (excluding finance leases) 469,680 468,788 Finance lease ROU assets, net (1) 63,934 23,366 Property and equipment, net $ 533,614 $ 492,154 (1) The increase in finance lease ROU assets is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021. Depreciation expense was $10.9 million for the three months ended March 31, 2021 and $12.2 million for the three months ended March 31, 2020. Property and equipment purchased through accounts payable and accrued liabilities decreased $0.5 million during the three months ended March 31, 2021 and decreased $4.6 million during the three months ended March 31, 2020.

Other Investments and Assets

Other Investments and Assets	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Self-insured liability receivable $ 6,358 $ 6,358 Other mutual funds 3,778 3,457 Contract costs 2,813 2,912 Other 2,760 2,765 Other investments and assets $ 15,709 $ 15,492

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2021
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) Pursuit Balance at December 31, 2020 $ 99,847 Business acquisition 11,776 Foreign currency translation adjustments 1,324 Balance at March 31, 2021 $ 112,947 Goodwill is tested for impairment at the reporting unit level on an annual basis as of October 31, and between annual tests 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. We use a discounted expected future cash flow methodology (income approach) to estimate the fair value of our reporting units for purposes of goodwill impairment testing. Although Pursuit’s reporting units continue to operate at a loss due to seasonally closed properties and travel restrictions as a result of the COVID-19 pandemic, we did not record any impairment charges during the first quarter of 2021 as there were no significant changes to our outlook for the future years and the risk profile of the reporting units had not changed. Given the evolving nature of COVID-19, and the uncertain government and consumer reactions, the estimates and assumptions regarding expected future cash flows, discount rates, and terminal values used in our goodwill impairment analysis require considerable judgment and are based on our current estimates of market conditions, financial forecasts, and industry trends. These estimates, however, have inherent uncertainties and different assumptions could lead to materially different results including impairment charges in the future. Other intangible assets consisted of the following: March 31, 2021 December 31, 2020 (in thousands) Useful Life (Years) Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization: Customer contracts and relationships 6.3 $ 37,821 $ (26,676 ) $ 11,145 $ 38,214 $ (26,288 ) $ 11,926 Operating contracts and licenses 36.4 42,402 (2,469 ) 39,933 42,012 (2,405 ) 39,607 In-place lease 13.1 15,558 (778 ) 14,780 15,347 (656 ) 14,691 Tradenames 5.0 5,659 (2,294 ) 3,365 5,940 (2,435 ) 3,505 Non-compete agreements 0.8 780 (663 ) 117 770 (616 ) 154 Other 6.9 829 (113 ) 716 818 (102 ) 716 Total amortized intangible assets 103,049 (32,993 ) 70,056 103,101 (32,502 ) 70,599 Indefinite-lived intangible assets: Business licenses 575 — 575 573 — 573 Other intangible assets $ 103,624 $ (32,993 ) $ 70,631 $ 103,674 $ (32,502 ) $ 71,172 Intangible asset amortization expense was $1.2 million for the three months ended March 31, 2021 and $2.2 million for the three months ended March 31, 2020. We recorded a non-cash impairment charge to intangible assets of $15.7 million during the three months ended March 31, 2020 related to our United States audio-visual production business. The duration and impact of COVID-19 may result in additional future impairment charges as facts and circumstances evolve. At March 31, 2021, the estimated future amortization expense related to intangible assets subject to amortization is as follows: (in thousands) Year ending December 31, Remainder of 2021 $ 4,039 2022 5,164 2023 4,500 2024 3,539 2025 2,244 Thereafter 50,570 Total $ 70,056

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Continuing operations: Self-insured liability $ 5,450 $ 5,715 Accrued employee benefit costs 2,879 2,363 Accrued sales and use taxes 1,857 1,547 Accrued interest payable 1,809 3,042 Accrued professional fees 1,635 1,691 Current portion of pension and postretirement liabilities 1,618 1,805 Commissions payable 1,352 903 Accrued restructuring 1,224 2,479 Other taxes 1,824 1,872 Other 4,974 5,123 Total continuing operations 24,622 26,540 Discontinued operations: Self-insured liability 226 347 Environmental remediation liabilities 61 61 Other 91 91 Total discontinued operations 378 499 Total other current liabilities $ 25,000 $ 27,039

Other Deferred Items and Liabil

Other Deferred Items and Liabilities	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Continuing operations: Foreign deferred tax liability $ 19,492 $ 21,336 Multi-employer pension plan withdrawal liability 15,849 15,864 Self-insured liability 7,168 6,662 Self-insured excess liability 6,358 6,358 Accrued compensation 5,309 5,821 Accrued restructuring 2,680 2,751 Other 1,464 1,479 Total continuing operations 58,320 60,271 Discontinued operations: Environmental remediation liabilities 2,177 2,179 Self-insured liability 1,707 1,639 Other 263 539 Total discontinued operations 4,147 4,357 Total other deferred items and liabilities $ 62,467 $ 64,628

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Debt and Finance Lease Obligations	Note 12. Debt and Finance Lease Obligations The components of debt and finance lease obligations consisted of the following: March 31, December 31, (in thousands, except interest rates) 2021 2020 2018 Credit Facility, 4.5% weighted-average interest rate at March 31, 2021 and 4.5% at December 31, 2020, due through 2023 (1) $ 301,094 $ 266,762 FlyOver Iceland Credit Facility, 4.9% weighted-average interest rate at March 31, 2021 and December 31, 2020, due through 2023 (1) 5,695 5,820 FlyOver Iceland Term Loans, 3.8% weighted-average interest rate at March 31, 2021 and December 31, 2020, due through 2024 (1) 710 705 Less unamortized debt issuance costs (2,481 ) (2,737 ) Total debt ( 2) 305,018 270,550 Finance lease obligations, 9.0% weighted-average interest rate at March 31, 2021 and 8.0% at December 31, 2020, due through 2067 (3) 65,200 23,141 Total debt and finance lease obligations ( 4) 370,218 293,691 Current portion (2,800 ) (8,335 ) Long-term debt and finance lease obligations $ 367,418 $ 285,356 (1) Represents the weighted-average interest rate in effect at the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees. (2) The estimated fair value of total debt and finance leases was $329.1 million as of March 31, 2021 and $254.0 million as of December 31, 2020. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity, which is a Level 2 measurement. Refer to Note 13 – Fair Value Measurements. (3) The increase in finance lease obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term. ( 4 ) Cash paid for interest on debt was $5.7 million for the three months ended March 31, 2021 and $3.5 million for the three months ended March 31, 2020. 2018 Credit Agreement Effective October 24, 2018, we entered into the 2018 Credit Agreement. The 2018 Credit Agreement has a maturity date of October 24, 2023 and provides for a $450 million revolving credit facility (“2018 Credit Facility”). The 2018 Credit Facility may be increased up to an additional $250 million under certain circumstances and has a $20 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 2018 Credit Agreement have a first perfected security interest in all of our personal property. Effective August 5, 2020, we entered into an amendment to the 2018 Credit Agreement, which, among other things, (i) waives our financial covenants until September 30, 2022 (the “Covenant Waiver Period”) and (ii) requires us to maintain minimum liquidity of $100 million, with liquidity defined as unrestricted cash and available capacity on our 2018 Credit Facility. The Covenant Waiver Period will be in effect until the earlier of September 30, 2022 or the fiscal quarter when our leverage ratio is less than or equal to 4.00 to 1.00. Post Covenant Waiver Period, the maximum leverage ratio will be less than or equal to 4.50 to 1.00 at September 30, 2022 with a step down to less than or equal to 4.00 to 1.00 at December 31, 2022 and thereafter until the maturity date. The minimum interest coverage ratio will be greater than or equal to 2.00 to 1.00 post Covenant Waiver Period and until maturity of the facility. The interest rate on the borrowings is equal to the London Inter-bank Offered Rate (“LIBOR”) plus 350 basis points, with a LIBOR floor of one percent during the Covenant Waiver Period. The LIBOR floor continues until the end of the 2018 Credit Agreement. A revised pricing grid goes into effect after the Covenant Waiver Period ends. Additionally, we are precluded from paying cash dividends, from issuing unsecured debt, and from accessing the $250 million expansion feature during the Covenant Waiver Period. The amendment allows us to make acquisitions under certain conditions. In connection with the amendment, Viad pledged 100% of the capital stock of its wholly-owned domestic subsidiaries and it top-tier foreign subsidiaries (other than Esja). Fees related to the amendment were approximately $1.7 million. As of March 31, 2021, we were in compliance with the amendment. As of March 31, 2021, capacity remaining under the 2018 Credit Facility was $139.4 million, reflecting borrowings of $301.1 million and $9.5 million in outstanding letters of credit. We index borrowings under the 2018 Credit Facility to the prime rate or the LIBOR, plus appropriate spreads tied to our leverage ratio. As LIBOR will begin to be phased out in 2021, our 2018 Credit Facility includes a method for determining an alternative or successor rate of interest that gives consideration to the new prevailing market convention. The vast majority of our borrowings under the 2018 Credit Facility are indexed to LIBOR. Commitment fees and letters of credit fees are also tied to our leverage ratio. The fees on the unused portion of the 2018 Credit Facility were % annually as of March 31, 2021 . O nly our borrowings under the 2018 Credit Facility and the discount rates we use to account for some leases are indexed to LIBOR. We do not expect the alternative or successor rate to LIBOR to have a material impact on either our 2018 Credit Facility or the accounting for our leases. FlyOver Iceland Credit Facility Effective February 15, 2019, FlyOver Iceland ehf., (“FlyOver Iceland”) e obtained a waiver of certain covenants to the FlyOver Iceland Credit Facility through December 2021 FlyOver Iceland Term Loans During 2020, FlyOver Iceland entered into three term loans totaling ISK 90.0 million (approximately $0.7 million U.S. dollars) (the “FlyOver Iceland Term Loans”). The first term loan for ISK 10.0 million was entered into effective October 15, 2020 with a maturity date of April 1, 2023 and bears interest on a seven-day term deposit at the Central Bank of Iceland. The second term loan for ISK 30.0 million was entered into effective October 15, 2020 with a maturity date of October 1, 2024 and bears interest on a seven-day term deposit at the Central Bank of Iceland plus 3.07%. The third term loan for ISK 50.0 million was entered into effective December 29, 2020 with a maturity date of February 1, 2023 and bears interest at one-month Reykjavik InterBank Offered Rate (“REIBOR”) plus 4.99%. The Icelandic State Treasury guarantees supplemental loans provided by credit institutions to companies impacted by the COVID-19 pandemic. Accordingly, the Icelandic State Treasury guaranteed the repayment of up to 85% of the principal and interest on the ISK 10.0 million and ISK 30.0 million term loans and 70% of the principal amount on the ISK 50.0 million term loan. Loan proceeds will be used to fund operations

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2021
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 by selling an asset or paying 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, 2021 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 2 $ 2 $ — $ — Other mutual funds (2) 3,778 3,778 — — Total assets at fair value on a recurring basis $ 3,780 $ 3,780 $ — $ — Fair Value Measurements at Reporting Date Using (in thousands) December 31, 2020 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 2 $ 2 $ — $ — Other mutual funds (2) 3,457 3,457 — — Total assets at fair value on a recurring basis $ 3,459 $ 3,459 $ — $ — (1) We include money market funds in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. We classify these investments as available-for-sale and record them 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) We include other mutual funds in “Other investments and assets” in the Condensed Consolidated Balance Sheets. The carrying values of cash and cash equivalents, receivables, and accounts payable approximate fair value due to the short-term nature of these instruments. Refer to Note 12 –

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Loss Per Share	Note 14. Loss Per Share The components of basic and diluted loss per share are as follows: Three Months Ended March 31, (in thousands, except per share data) 2021 2020 Net loss attributable to Viad (diluted) $ (43,152 ) $ (86,585 ) Convertible preferred stock dividends (1,898 ) — Adjustment to the redemption value of redeemable noncontrolling interest (56 ) (126 ) Net loss allocated to Viad common stockholders (basic) $ (45,106 ) $ (86,711 ) Basic weighted-average outstanding common shares 20,370 20,215 Diluted weighted-average outstanding shares 20,370 20,215 Loss per share: Basic loss attributable to Viad common stockholders $ (2.21 ) $ (4.29 ) Diluted loss attributable to Viad common stockholders ( 1) $ (2.21 ) $ (4.29 ) (1) Diluted loss per share amount cannot exceed basic loss per share. Diluted loss per common share is calculated using the more dilutive of the two-class method or as-converted method. The two-class method uses net loss available to common stockholders and assumes conversion of all potential shares other than the participating securities. The as-converted method uses net loss and assumes conversion of all potential shares including the participating securities. Dilutive potential common shares include outstanding stock options, unvested restricted share units and convertible preferred stock. We apply the two-class method in calculating loss per common share as unvested share-based payment awards that contain nonforfeitable rights to dividends and preferred stock are considered participating securities. Accordingly, such securities are included in the earnings allocation in calculating loss per share. The adjustment to the carrying value of the redeemable noncontrolling interest is reflected in loss per common share. We excluded the following weighted-average potential common shares from the calculations of diluted net loss per common share during the applicable periods because their inclusion would have been anti-dilutive: Three Months Ended March 31, (in thousands) 2021 2020 Convertible preferred stock (as converted to common stock) 6,494 — Unvested restricted share-based awards 38 84 Stock options 57 16

Common and Preferred Stock

Common and Preferred Stock	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Common and Preferred Stock	Note 15. Common and Preferred Stock Convertible Series A Preferred Stock On August 5, 2020, we entered into an Investment Agreement with funds managed by private equity firm Crestview Partners, relating to the issuance of 135,000 shares of newly issued Convertible Series A Preferred Stock, par value $0.01 per share, for an aggregate purchase price of $135 million or $1,000 per share. The $135 million issuance was offset in part by $9.2 million of expenses related to the capital raise. The Investment Agreement also includes a delayed draw commitment of up to $45 million in additional Convertible Series A Preferred Stock, which we may access during the 12 months following the August 5, 2020 closing date on the same terms and conditions as the initial investment. We have classified the convertible preferred stock as mezzanine equity in our Consolidated Balance Sheet due to the existence of certain change in control provisions that are not solely within our control. The Convertible Series A Preferred Stock carries a 5.5 Holders of the Convertible Series A Preferred Stock are entitled to vote with holders of Viad’s common stock on an as-converted basis. Common Stock Repurchases Our Board of Directors previously authorized us to repurchase shares of our common stock from time to time at prevailing market prices. Effective February 7, 2019, our Board of Directors authorized the repurchase of an additional 500,000 shares. In March 2020, our Board of Directors suspended our share repurchase program for the foreseeable future. Prior to the suspension, we repurchased 53,784 shares on the open market for $2.8 million during the three months ended March 31, 2020. As of March 31, 2021, 546,283 shares remain available for repurchase. Additionally, we repurchase shares related to tax withholding requirements on vested restricted stock awards. Refer to Note 3 – Share-Based Compensation.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 16. Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) (“AOCI”) by component are as follows: (in thousands) Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2020 $ (16,686 ) $ (13,955 ) $ (30,641 ) Other comprehensive income before reclassifications 3,977 — 3,977 Amounts reclassified from AOCI, net of tax — 121 121 Net other comprehensive income 3,977 121 4,098 Balance at March 31, 2021 $ (12,709 ) $ (13,834 ) $ (26,543 ) (in thousands) Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2019 $ (23,799 ) $ (11,900 ) $ (35,699 ) Other comprehensive loss before reclassifications (28,158 ) — (28,158 ) Amounts reclassified from AOCI, net of tax — 314 314 Net other comprehensive income (loss) (28,158 ) 314 (27,844 ) Balance at March 31, 2020 $ (51,957 ) $ (11,586 ) $ (63,543 ) 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 each period presented. We recorded these costs as components of net periodic cost for each period presented. Refer to Note 18 – Pension and Postretirement Benefits for additional information.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 17. Income Taxes The effective tax rate was 6.3% for the three months ended March 31, 2021 and 15.2% for the three months ended March 31, 2020. The income tax provision was computed based on our estimated annualized effective tax rate and the full-year forecasted income or loss plus the tax impact of unusual, infrequent, or nonrecurring significant items during the period. The effective tax rate for the three months ended March 31, 2021 was less than the federal statutory rate of 21% primarily as a result of excluding the tax benefits on losses recognized in the United States, United Kingdom, and other European countries where we have a valuation allowance. The effective tax rate for the three months ended March 31, 2020 was less than the federal statutory rate of 21% primarily due to no tax benefit recognized on some of the goodwill impairments. We paid cash for income taxes of $0.7 million during the three months ended March 31, 2021 and $3.3 million during the three months ended March 31, 2020.

Pension and Postretirement Bene

Pension and Postretirement Benefits	3 Months Ended
	Mar. 31, 2021
Compensation And Retirement Disclosure [Abstract]
Pension and Postretirement Benefits	Note 18. 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, 2021 and 2020 consist of the following: Domestic Plans Pension Plans Postretirement Benefit Plans Foreign Pension Plans (in thousands) 2021 2020 2021 2020 2021 2020 Service cost $ — $ — $ 13 $ 15 $ 113 $ 110 Interest cost 114 160 55 88 76 84 Expected return on plan assets (27 ) (1 ) — — (125 ) (131 ) Amortization of prior service credit — — (1 ) (36 ) — — Recognized net actuarial loss 151 135 56 82 49 46 Net periodic benefit cost $ 238 $ 294 $ 123 $ 149 $ 113 $ 109 We expect to contribute $0.8 million to our funded pension plans, $0.9 million to our unfunded pension plans, and $0.9 million to our postretirement benefit plans in 2021. During the three months ended March 31, 2021, we contributed $0.2 million to our funded pension plans, $0.2 million to our unfunded pension plans, and $0.2 million to our postretirement benefit plans.

Restructuring Charges

Restructuring Charges	3 Months Ended
	Mar. 31, 2021
Restructuring And Related Activities [Abstract]
Restructuring Charges	Note 19. Restructuring Charges GES As part of our efforts to drive efficiencies and simplify our business operations, we took certain restructuring actions designed to simplify and transform GES for greater profitability. In response to the COVID-19 pandemic in 2020, we accelerated our transformation and streamlining efforts at GES to significantly reduce costs and create a lower and more flexible cost structure focused on servicing our more profitable market segments. These initiatives resulted in restructuring charges related to the elimination of certain positions and continuing to reduce our facility footprint at GES, as well as charges related to the closure and liquidation of GES’ United Kingdom-based audio-visual services business. In the fourth quarter of 2020, we entered into an agreement with a third-party to outsource the management, cleaning, and storage of the aisle carpeting we use at live events and consequently vacated a facility during the first quarter of 2021. Other Restructurings We recorded restructuring charges in connection with the consolidation of certain support functions at our corporate headquarters and certain reorganization activities within Pursuit. These charges primarily consist of severance and related benefits due to headcount reductions and charges related to the downsizing of facilities. 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, 2020 $ 2,440 $ 2,766 $ 24 $ 5,230 Restructuring charges 64 2,719 43 2,826 Cash payments (419 ) (1,747 ) (60 ) (2,226 ) Non-cash items ( 1) — (1,913 ) — (1,913 ) Adjustment to liability (10 ) (18 ) 15 (13 ) Balance at March 31, 2021 $ 2,075 $ 1,807 $ 22 $ 3,904 (1) Represents non-cash adjustments related to a write down of certain ROU assets as a result of vacating certain facilities prior to the lease term and the closure and liquidation of GES’ United Kingdom-based audio-visual services business. As of March 31, 2021, $1.5 million of the liabilities related to severance and employee benefits will remain unpaid by the end of 2021. The liability related to future lease payments will be paid over the remaining lease terms. Refer to Note 23 –

Leases and Other

Leases and Other	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Leases and Other	Note 20. Leases and Other The balance sheet presentation of our operating and finance leases is as follows: March 31, December 31, (in thousands) Classification on the Condensed Consolidated Balance Sheet 2021 2020 Assets: Operating lease assets Operating lease ROU assets $ 81,488 $ 82,739 Finance lease assets (1) Property and equipment, net 63,934 23,366 Total lease assets $ 145,422 $ 106,105 Liabilities: Current: Operating lease obligations Operating lease obligations $ 14,684 $ 15,697 Finance lease obligations Current portion of debt and finance lease obligations 2,519 2,514 Noncurrent: Operating lease obligations Long-term operating lease obligations 72,878 70,150 Finance lease obligations (1) Long-term debt and finance lease obligations 62,681 20,627 Total lease liabilities $ 152,762 $ 108,988 (1) The increase in finance lease assets and obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term. During the three months ended March 31, 2021, we recorded a write down of certain ROU assets as a result of vacating certain facilities prior to the lease term. The components of lease expense consisted of the following: Three Months Ended March 31, (in thousands) 2021 2020 Finance lease cost: Amortization of ROU assets $ 1,070 $ 918 Interest on lease liabilities 1,315 417 Operating lease cost 6,270 6,727 Short-term lease cost 261 310 Variable lease cost 942 1,699 Total lease cost, net $ 9,858 $ 10,071 Other information related to operating and finance leases are as follows: Three Months Ended March 31, (in thousands) 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 6,153 $ 6,529 Operating cash flows from finance leases $ 274 $ 160 Financing cash flows from finance leases $ 710 $ 777 ROU assets obtained in exchange for lease obligations: Operating leases $ 6,299 $ 779 Finance leases 42,907 $ 730 March 31, December 31, 2021 2020 Weighted-average remaining lease term (years): Operating leases 8.21 8.39 Finance leases 35.44 13.97 Weighted-average discount rate: Operating leases 7.02 % 6.93 % Finance leases 9.04 % 7.99 % As of March 31, 2021, the estimated future minimum lease payments under non-cancellable leases, excluding variable leases and variable non-lease components, are as follows: (in thousands) Operating Leases Finance Leases Total Remainder of 2021 $ 16,616 $ 5,948 $ 22,564 2022 16,932 7,927 24,859 2023 13,847 7,407 21,254 2024 11,982 6,735 18,717 2025 10,689 6,204 16,893 Thereafter 52,037 189,245 241,282 Total future lease payments 122,103 223,466 345,569 Less: Amount representing interest (34,541 ) (158,266 ) (192,807 ) Present value of minimum lease payments 87,562 65,200 152,762 Current portion 14,684 2,519 17,203 Long-term portion $ 72,878 $ 62,681 $ 135,559 As of March 31, 2021, the estimated future minimum rental income under non-cancellable leases, which includes rental income from facilities that we own, are as follows: (in thousands) Remainder of 2021 $ 1,180 2022 1,088 2023 869 2024 646 2025 493 Thereafter 1,333 Total minimum rents $ 5,609 Lease Not Yet Commenced As of March 31, 2021, we had executed a facility lease for which we did not have control of the underlying assets. Accordingly, we did not record the lease liability and ROU asset on our Condensed Consolidated Balance Sheets. This lease is for the new FlyOver Attraction, FlyOver Canada Toronto. We expect the lease commencement date to begin in fiscal year 2022 with a lease term of 22 years.

Litigation, Claims, Contingenci

Litigation, Claims, Contingencies and Other	3 Months Ended
	Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Litigation, Claims, Contingencies and Other	Note 21. 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, 2021 with respect to unresolved legal 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. On July 18, 2020, an off-road Ice Explorer operated by our Pursuit business was involved in an accident while enroute to the Athabasca Glacier, resulting in three fatalities and multiple other serious injuries. We continue to support the victims and their families, and we are fully cooperating with the applicable regulatory authorities to investigate this accident. We immediately reported the accident to our relevant insurance carriers, who are also supporting the investigation and subsequent claims. Subject to customary deductibles, we believe that our insurance coverage is sufficient to cover potential claims related to this accident. 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, 2021, we had recorded environmental remediation liabilities of $2.2 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, 2021, 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 and equipment leases 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, 2021 would be $90.0 million. These guarantees relate to our leased equipment and facilities through January 2040. 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 pursuant to which 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 2021 will be renegotiated in the ordinary course of business. Although our labor relations are currently stable, disruptions could occur, with the possibility of an adverse impact on the operating results of GES. We are self-insured up to certain limits for workers’ compensation and general liabilities, which includes automobile, product general liability, and client property loss claims. The aggregate amount of insurance liabilities (up to our retention limit) related to our continuing operations was $12.6 million as of March 31, 2021, which includes $7.9 million related to workers’ compensation liabilities, and $4.7 million related to general liability claims. We have also retained and provided for certain workers’ compensation insurance liabilities in conjunction with previously sold businesses of $1.9 million as of March 31, 2021. We are also self-insured for certain employee health benefits and the estimated employee health benefit claims incurred but not yet reported was $1.5 million as of March 31, 2021. Provisions for losses for claims incurred, including actuarially derived 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 $0.2 million for the three months ended March 31, 2021 and $1.5 million for the three months ended March 31, 2020. In addition, as of March 31, 2021, we have recorded insurance liabilities of $6.4 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. The $6.4 million is related to workers’ compensation liabilities, which is 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, 2021
Noncontrolling Interest [Abstract]
Redeemable Noncontrolling Interest	Note 22. Noncontrolling Interest – Redeemable and Non-redeemable 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. Through Esja and its wholly-owned subsidiary, we are operating a FlyOver Iceland attraction. The minority Esja shareholders have 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”) 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 and 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 redemption value, 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 are as follows: (in thousands) Balance at December 31, 2020 $ 5,225 Net loss attributable to redeemable noncontrolling interest (494 ) Adjustment to the redemption value 56 Capital contribution 142 Foreign currency translation adjustment 77 Balance at March 31, 2021 $ 5,006 Non-redeemable noncontrolling interest 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 equity ownership interest that we do not own. Changes in the non-redeemable noncontrolling interest are as follows: (in thousands) Glacier Park Inc. Brewster (1) Sky Lagoon Total Balance at December 31, 2020 $ 13,953 $ 51,295 $ 12,896 $ 78,144 Net loss attributable to non-redeemable noncontrolling interest (729 ) (87 ) (629 ) (1,445 ) Acquisitions — 6,759 — 6,759 Dividends — (951 ) — (951 ) Foreign currency translation adjustments 2 654 94 750 Balance at March 31, 2021 $ 13,226 $ 57,670 $ 12,361 $ 83,257 Equity ownership interest that we do not own 20 % 40 % 49 % (1) Includes Mountain Park Lodges and our recently acquired Golden Skybridge at Brewster, part of the Banff Jasper Collection.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Segment Information	Note 23. Segment Information We measure the profit and performance of our operations on the basis of segment operating income or loss, which excludes restructuring charges and recoveries and impairment charges. 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. During the first quarter of 2021, we reorganized GES’ operating segments to represent the changes in how our CODM reviews the financial performance of GES and makes decisions regarding the allocation of resources. Accordingly, GES is now a single reportable segment. We made no changes to the Pursuit reportable segment. Our reportable segments, with reconciliations to consolidated totals, are as follows: Three Months Ended March 31, (in thousands) 2021 2020 Revenue: GES $ 19,145 $ 281,135 Pursuit 9,790 13,523 Total revenue $ 28,935 $ 294,658 Segment operating income (loss): GES $ (19,904 ) $ 10,858 Pursuit (18,321 ) (20,274 ) Segment operating loss (38,225 ) (9,416 ) Corporate eliminations (1) 17 16 Corporate activities (2,005 ) (789 ) Operating loss (40,213 ) (10,189 ) Interest income 33 79 Interest expense (5,118 ) (4,018 ) Other expense (360 ) (419 ) Restructuring charges: GES (2,783 ) (656 ) Pursuit (23 ) (1 ) Corporate (20 ) (194 ) Impairment charges: GES — (86,623 ) Pursuit — (1,757 ) Loss from continuing operations before income taxes $ (48,484 ) $ (103,778 ) (1) 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.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 24. Subsequent Event On April 30, 2021, we opened Pursuit’s new Sky Lagoon attraction in Reykjavik, Iceland.

Overview and Basis of Present_2

Overview and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements were 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. 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, 2020, filed with the SEC on March 2, 2021 (“2020 Form 10-K”). The condensed consolidated financial statements include the accounts of Viad and its subsidiaries. We have eliminated all significant intercompany account balances and transactions in consolidation.
Nature of Business	Nature of Business We are a leading provider of experiential leisure travel and live events and marketing experiences with operations in the United States, Canada, the United Kingdom, continental Europe, the United Arab Emirates, and Iceland. We are committed to providing unforgettable experiences to our clients and guests. We operate through two reportable business segments: GES and Pursuit. GES GES is a global, full-service provider for live events that partners with show organizers, exhibitors, and brand marketers to create high-value, live events. GES offers a comprehensive range of live event services, from the design and production of compelling, immersive experiences that engage audiences and build brand awareness, to material handling, rigging, electrical, and other on-site event services. In addition, GES offers clients a full suite of audio-visual services from creative and technology to content and design, along with registration, data analytics, engagement, and online tools powered by next generation technologies that help clients easily manage the complexities of their event. Pursuit Pursuit is a collection of inspiring and unforgettable travel experiences that include recreational attractions, unique hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services
Impact of COVID-19	Impact of COVID-19 Starting in mid-March 2020 and extending through the first quarter of 2021, the COVID-19 pandemic had a significant and negative impact on our operations and financial performance, with live events largely shut down and severe tourism activity disruptions. In response to the COVID-19 pandemic, we implemented aggressive cost reduction measures in 2020 to preserve cash, including furloughs, layoffs, mandatory unpaid time off or salary reductions for all employees, and the reduction of discretionary spending. We also suspended future dividend payments and share repurchases, and we availed ourselves of governmental assistance programs for wages and tax relief. In August 2020, we secured additional capital to strengthen our liquidity position by entering into an investment agreement with funds managed by private equity firm Crestview Partners who made an initial investment of $135 million, offset in part by $9.2 million in fees, in newly issued perpetual convertible preferred stock. Refer to Note 15 – Common and Preferred Stock for further information. In August 2020, we also amended our Second Amended and Restated Credit Agreement (the “2018 Credit Agreement”) to provide financial flexibility, which, among other things waives our financial covenants until September 30, 2022. Refer to Note 12 – Debt and Finance Lease Obligations for further information. During the three months ended March 31, 2021, we continued to preserve cash and closely managed our costs. In connection with the acceleration of COVID-19 vaccination programs in certain of our geographic territories, we began to see early signs of recovery in the travel and hospitality and live event sectors during the first quarter of 2021, with more live event markets opening, smaller scale live events taking place, and an uptick in bookings. Event organizers continue to assess when it will be possible to safely hold larger scale face-to-face live events.
Reclassifications	Reclassifications During the first quarter of 2021, we reorganized GES’ operating segments to represent the changes in how our chief operating decision maker (“CODM”) reviews the financial performance of GES and makes decisions regarding the allocation of resources. As a result, we changed the presentation of certain items in GES’ disaggregation of revenue and reportable segments. Refer to Note 2 – Revenue and Related Contract Costs and Contract Liabilities and Note 23 – Segment Information for additional information. We reclassed certain prior-year amounts to conform to current-period presentation. Such reclassifications had no impact on our results of operations or cash flows. Correction to Prior Period Financial Statements As previously disclosed in our 2020 Form 10-K, we identified prior period errors related to the recognition of revenue of GES’ third-party services. Revenue from these services should have been recorded on a net basis to reflect only the fees received for arranging these services, whereas previously, we recorded this revenue on a gross basis, thus overstating revenue and cost of services by the same amount. As a result, we corrected the accompanying Condensed Consolidated Statements of Operations for the three months ended March 31, 2020 related to this gross-to-net adjustment. We determined that these errors were not material to the previously issued financial statements. Note 2 – Revenue and Related Contract Costs and Contract Liabilities and Note 23 – Segment Information reflect this correction. Three Months Ended March 31, 2020 (in thousands) Services Revenue Cost of Services As previously reported $ 275,556 $ 284,402 Gross to net correction for GES (11,350 ) (11,350 ) Total as corrected $ 264,206 $ 273,052
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 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40) The amendment simplifies the accounting for convertible instruments by reducing the number of accounting models available for convertible debt instruments and convertible preferred stock. The amendment also requires expanded disclosures about the terms and features of convertible instruments. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. 1/1/2022 We are currently evaluating the potential impact of the adoption of this new guidance on our consolidated financial statements and if there are applicable provisions that will simplify our accounting or reporting we will likely pursue early adoption. Standard Description Date of adoption Effect on the financial statements Standards Recently Adopted ASU 2019-12 , Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes The amendment enhances and simplifies various aspects of the income tax accounting guidance, including requirements such as ownership changes in investments, and interim-period accounting for enacted changes in tax law. 1/1/2021 The adoption of this new standard on January 1, 2021 did not have a material impact on our consolidated financial statements.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. 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: impairment testing of recorded goodwill and intangible assets and long-lived assets; allowances for uncollectible accounts receivable; sales reserve allowances; 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; pension and postretirement benefit costs and obligations; share-based compensation costs; the discount rates used to value lease obligations; the redemption value of redeemable noncontrolling interests; and the allocation of purchase price of acquired businesses. Actual results could differ from these and other estimates.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash Cash equivalents are highly-liquid investments with remaining maturities when purchased of three months or less. Cash and cash equivalents consist of cash and bank demand deposits and money market funds. Investments in money market funds are classified as available-for-sale and carried at fair value. Restricted cash represents collateral required for surety bonds, bank guarantees, and letters of credit. Cash, cash equivalents, and restricted cash balances presented in the Condensed Consolidated Statements of Cash Flows consisted of the following: March 31, December 31, (in thousands) 2021 2020 Cash and cash equivalents $ 34,714 $ 39,545 Restricted cash included in other current assets 3,231 2,426 Cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 37,945 $ 41,971
Revenue Recognition	Revenue Recognition 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 delivering the service to a customer. GES’ service revenue is primarily derived through its comprehensive range of marketing, event production, and other related services to event organizers and corporate brand marketers . Pursuit’s service revenue is derived through its admissions, accommodations, 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.
Noncontrolling Interests – Non-redeemable and Redeemable	Noncontrolling Interests – Non-redeemable and Redeemable Non-redeemable noncontrolling interest represents the portion of equity in a subsidiary that is not attributable, directly or indirectly, to us. We report non-redeemable noncontrolling interest within stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of consolidated net income or loss attributable to Viad and the non-redeemable noncontrolling interest is presented in the Condensed Consolidated Statements of Operations. We consider noncontrolling interests with redemption features that are not solely within our control to be redeemable noncontrolling interests. Our redeemable noncontrolling interest relates to our 54.5% equity ownership interest in Esja Attractions ehf. (“Esja”), which owns the FlyOver Iceland attraction. The Esja shareholders the right to sell (or “put”) their Esja shares to us based on a calculated formula within a predefined term. This redeemable noncontrolling interest is considered mezzanine equity and we report it between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets. The amount of the net income or loss attributable to redeemable noncontrolling interests is recorded in the Condensed Consolidated Statements of Operations and the accretion of the redemption value is recorded as an adjustment to accumulated deficit and is included in our loss per share. Refer to Note 22 – Noncontrolling Interest – Redeemable and Non-redeemable for additional information.
Convertible Preferred Stock	Convertible Preferred Stock We record shares of convertible preferred stock based on proceeds received net of costs on the date of issuance. Redeemable preferred stock (including preferred stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control) is classified as mezzanine equity and is reported between liabilities and stockholders’ equity in the Condensed Consolidated Balance Sheets.
Leases	Leases We recognize a right-of-use (“ROU”) asset and lease liability on the balance sheet and classify leases as either finance or operating leases. The classification of the lease determines whether we recognize the lease expense on an effective interest method basis (finance lease) or on a straight-line basis (operating lease) over the lease term. In determining whether an agreement contains a lease, we consider if we have a right to control the use of the underlying asset during the lease term in exchange for an obligation to make lease payments arising from the lease. We recognize ROU assets and lease liabilities at commencement date, which is when the underlying asset is available for use to a lessee, based on the present value of lease payments over the lease term. Our operating and finance leases are primarily facility, equipment, and land leases. Our facility leases comprise mainly manufacturing facilities, sales and design facilities, offices, storage and/or warehouses, and truck marshaling yards. These facility leases generally have lease terms ranging up to 24 years. Our equipment leases comprise mainly vehicles, hardware, and office equipment, each with various lease terms. Our land leases comprise mainly leases in Canada and Iceland on which our hotels or attractions are located and have lease terms ranging up to 46 years. If a lease contains a renewal option that is reasonably certain to be exercised, then the lease term includes the optional periods in measuring a ROU asset and lease liability. We evaluate the reasonably certain threshold at lease commencement, and it is typically met if we identify substantial economic incentives or termination penalties. We do not include variable leases and variable non-lease components in the calculation of the ROU asset and corresponding lease liability. For facility leases, variable lease costs include the costs of common area maintenance, taxes, and insurance for which we pay our lessors an estimate that we adjust to actual expense on a quarterly or annual basis depending on the underlying contract terms. We expense these variable lease payments as incurred. Our lease agreements do not contain any significant residual value guarantees or restrictive covenants. Substantially all of our lease agreements do not specify an implicit borrowing rate, and as such, we utilize an incremental borrowing rate based on lease term and country, in order to calculate the present value of our future lease payments. The discount rate represents a risk-adjusted rate on a collateralized basis and is the expected rate at which we would borrow funds to satisfy the scheduled lease liability payment streams commensurate with the lease term and the country. We are also a lessor to third party tenants who either lease certain portions of facilities that we own or sublease certain portions of facilities that we lease. We record lease income from owned facilities as rental income and we record sublease income from leased facilities against lease expense in the Condensed Consolidated Statements of Operations. We classify all of our leases for which we are the lessor as operating leases.
Fair Value of Financial Instruments	The fair value of an asset or liability is defined as the price that would be received by selling an asset or paying 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.

Overview and Basis of Present_3

Overview and Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Corrections to Prior Period Adjustments	Three Months Ended March 31, 2020 (in thousands) Services Revenue Cost of Services As previously reported $ 275,556 $ 284,402 Gross to net correction for GES (11,350 ) (11,350 ) Total as corrected $ 264,206 $ 273,052
Schedule of Cash and Cash Equivalents and Restricted Cash Balances	Cash, cash equivalents, and restricted cash balances presented in the Condensed Consolidated Statements of Cash Flows consisted of the following: March 31, December 31, (in thousands) 2021 2020 Cash and cash equivalents $ 34,714 $ 39,545 Restricted cash included in other current assets 3,231 2,426 Cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 37,945 $ 41,971

Revenue and Related Contract _2

Revenue and Related Contract Costs and Contract Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Revenue From Contract With Customer [Abstract]
Summary of Changes in Contract Liabilities	Changes to contract liabilities are as follows: (in thousands) Balance at December 31, 2020 $ 18,618 Cash additions 14,338 Revenue recognized (5,647 ) Foreign exchange translation adjustment (453 ) Balance at March 31, 2021 $ 26,856
Summary of Changes in Contract Costs	Changes to contract costs are as follows: (in thousands) Balance at December 31, 2020 $ 10,835 Additions 4,394 Expenses (3,237 ) Cancelled (432 ) Foreign exchange translation adjustment 34 Balance at March 31, 2021 $ 11,594
Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served	The following tables disaggregate GES and Pursuit revenue by major service and product lines, timing of revenue recognition, and markets served: GES Three Months Ended March 31, (in thousands) 2021 2020 Service lines: Exhibitions and Conferences $ 5,835 $ 201,159 Brand experiences 11,704 68,995 Venue services 1,606 10,981 Total revenue $ 19,145 $ 281,135 Timing of revenue recognition: Services transferred over time $ 17,015 $ 253,226 Products transferred over time ( 1) 417 13,027 Products transferred at a point in time 1,713 14,882 Total revenue $ 19,145 $ 281,135 Geographical markets: North America $ 15,858 $ 242,440 EMEA 3,903 40,684 Intersegment eliminations (616 ) (1,989 ) Total revenue $ 19,145 $ 281,135 (1) GES’ graphics product revenue is earned over time over the duration of an event as it is considered a part of the single performance obligation satisfied over time. Pursuit Three Months Ended March 31, (in thousands) 2021 2020 Services: Admissions $ 1,484 $ 4,102 Accommodations 5,150 4,517 Transportation 537 2,056 Travel planning 714 416 Intersegment eliminations — (111 ) Total services revenue 7,885 10,980 Products: Food and beverage 1,224 1,649 Retail operations 681 894 Total products revenue 1,905 2,543 Total revenue $ 9,790 $ 13,523 Timing of revenue recognition: Services transferred over time $ 7,885 $ 10,980 Products transferred at a point in time 1,905 2,543 Total revenue $ 9,790 $ 13,523 Markets: Banff Jasper Collection $ 8,460 $ 9,799 Alaska Collection 289 151 Glacier Park Collection 578 723 FlyOver 463 2,850 Total revenue $ 9,790 $ 13,523

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Share-Based Compensation (income) expense	The following table summarizes share-based compensation (income) expense: Three Months Ended March 31, (in thousands) 2021 2020 Performance-based restricted stock units $ 140 $ (2,635 ) Restricted stock awards and restricted stock units 1,244 490 Stock options 379 — Share-based compensation (income) expense before income tax 1,763 (2,145 ) Income tax benefit (1) (27 ) (109 ) Share-based compensation (income) expense, net of income tax $ 1,736 $ (2,254 ) (1) The 2021 income tax benefit amount primarily reflects the tax benefit associated with our Canadian-based employees. There was no income tax benefit associated with our employees in the United States and the United Kingdom due to a valuation allowance on our deferred tax assets within these jurisdictions. Refer to Note 17 – Income Taxes.
Summary of Activity of the Outstanding PRSU Awards	The following table summarizes the activity of the outstanding PRSU awards: Equity-Based PRSU Awards Liability-Based PRSU Awards Shares Weighted-Average Grant Date Fair Value Shares Weighted-Average Grant Date Fair Value Balance at December 31, 2020 61,208 $ 57.18 121,485 $ 56.34 Granted 101,785 $ 31.28 — $ — Vested — $ — (42,698 ) $ 51.96 Forfeited — $ — (703 ) $ 56.97 Balance at March 31, 2021 162,993 $ 41.01 78,084 $ 57.12
Summary of Activity of the Outstanding Restricted Stock Awards And Restricted Stock Units	The following table summarizes the activity of the outstanding restricted stock awards and restricted stock units: Equity-Based Restricted Stock Awards Equity-Based Restricted Stock Units Liability-Based 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, 2020 107,107 $ 53.23 151,261 $ 19.51 10,459 $ 51.91 Granted 22,320 $ 44.80 62,919 $ 44.79 — $ — Vested (37,170 ) $ 53.86 — $ — (3,174 ) $ 52.24 Forfeited (1,030 ) $ 56.94 (2,026 ) $ 19.75 — $ — Balance at March 31, 2021 91,227 $ 50.87 212,154 $ 27.00 7,285 $ 53.34
Summary of Stock Option Activity	The following table summarizes stock option activity: Shares Weighted-Average Exercise Price Aggregate Intrinsic Value (1) Options outstanding at December 31, 2020 204,150 $ 19.98 Granted 137,858 $ 44.80 Exercised — $ — Options outstanding at March 31, 2021 342,008 $ 29.98 $ 4,445,085 Options exercisable at March 31, 2021 — $ — $ —
Summary of Options Outstanding and Exercisable	The following table summarizes stock options outstanding and exercisable as of March 31, 2021: Options Outstanding Options Exercisable Range of exercise prices Shares Weighted-Average Remaining Contractual Life (in years) Weighted-Average Exercise Price Shares Weighted-Average Exercise Price $ 19.30 150,000 7.75 $ 19.30 — $ — $ 21.85 54,150 6.41 $ 21.85 — $ — $ 44.80 137,858 6.90 $ 44.80 — $ — $19.30 - $44.80 342,008 7.20 $ 29.98 — $ —
Assumptions Used in the Black-Scholes Option Pricing Model to Estimate the Fair Value of Each Stock Option Grant	Following is additional information on stock options granted during the three months ended March 31, 2021 and the underlying assumptions used in assessing fair value: Three Months Ended March 31, 2021 Assumptions used to estimate fair value of stock options granted: Risk-free interest rate 0.50% Expected term (in years) 4.5 Expected volatility 55.8% Expected dividend yield — Weighted average grant-date fair value per share of options granted $ 20.26

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2021
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories consisted of the following: March 31, December 31, (in thousands) 2021 2020 Raw materials $ 2,737 $ 3,362 Finished goods 5,669 5,365 Inventories $ 8,406 $ 8,727

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Prepaid insurance $ 4,109 $ 4,297 Restricted cash 3,231 2,426 Prepaid software maintenance 3,179 3,058 Prepaid vendor payments 1,275 1,835 Income tax receivable 905 337 Prepaid taxes 307 345 Prepaid other 1,423 1,296 Other 4,019 3,631 Other current assets $ 18,448 $ 17,225

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2021
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following: March 31, December 31, (in thousands) 2021 2020 Land and land interests $ 30,583 $ 32,849 Buildings and leasehold improvements 382,387 386,751 Equipment and other 411,030 401,288 Gross property and equipment 824,000 820,888 Accumulated depreciation (354,320 ) (352,100 ) Property and equipment, net (excluding finance leases) 469,680 468,788 Finance lease ROU assets, net (1) 63,934 23,366 Property and equipment, net $ 533,614 $ 492,154

Other Investments and Assets (T

Other Investments and Assets (Tables)	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Self-insured liability receivable $ 6,358 $ 6,358 Other mutual funds 3,778 3,457 Contract costs 2,813 2,912 Other 2,760 2,765 Other investments and assets $ 15,709 $ 15,492

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2021
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) Pursuit Balance at December 31, 2020 $ 99,847 Business acquisition 11,776 Foreign currency translation adjustments 1,324 Balance at March 31, 2021 $ 112,947
Summary of Other Intangible Assets	Other intangible assets consisted of the following: March 31, 2021 December 31, 2020 (in thousands) Useful Life (Years) Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets subject to amortization: Customer contracts and relationships 6.3 $ 37,821 $ (26,676 ) $ 11,145 $ 38,214 $ (26,288 ) $ 11,926 Operating contracts and licenses 36.4 42,402 (2,469 ) 39,933 42,012 (2,405 ) 39,607 In-place lease 13.1 15,558 (778 ) 14,780 15,347 (656 ) 14,691 Tradenames 5.0 5,659 (2,294 ) 3,365 5,940 (2,435 ) 3,505 Non-compete agreements 0.8 780 (663 ) 117 770 (616 ) 154 Other 6.9 829 (113 ) 716 818 (102 ) 716 Total amortized intangible assets 103,049 (32,993 ) 70,056 103,101 (32,502 ) 70,599 Indefinite-lived intangible assets: Business licenses 575 — 575 573 — 573 Other intangible assets $ 103,624 $ (32,993 ) $ 70,631 $ 103,674 $ (32,502 ) $ 71,172
Estimated Future Amortization Expense Related to Intangible Assets Subject to Amortization	At March 31, 2021, the estimated future amortization expense related to intangible assets subject to amortization is as follows: (in thousands) Year ending December 31, Remainder of 2021 $ 4,039 2022 5,164 2023 4,500 2024 3,539 2025 2,244 Thereafter 50,570 Total $ 70,056

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Other Liabilities Current [Abstract]
Other Current Liabilities	Other current liabilities consisted of the following: March 31, December 31, (in thousands) 2021 2020 Continuing operations: Self-insured liability $ 5,450 $ 5,715 Accrued employee benefit costs 2,879 2,363 Accrued sales and use taxes 1,857 1,547 Accrued interest payable 1,809 3,042 Accrued professional fees 1,635 1,691 Current portion of pension and postretirement liabilities 1,618 1,805 Commissions payable 1,352 903 Accrued restructuring 1,224 2,479 Other taxes 1,824 1,872 Other 4,974 5,123 Total continuing operations 24,622 26,540 Discontinued operations: Self-insured liability 226 347 Environmental remediation liabilities 61 61 Other 91 91 Total discontinued operations 378 499 Total other current liabilities $ 25,000 $ 27,039

Other Deferred Items and Liab_2

Other Deferred Items and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Continuing operations: Foreign deferred tax liability $ 19,492 $ 21,336 Multi-employer pension plan withdrawal liability 15,849 15,864 Self-insured liability 7,168 6,662 Self-insured excess liability 6,358 6,358 Accrued compensation 5,309 5,821 Accrued restructuring 2,680 2,751 Other 1,464 1,479 Total continuing operations 58,320 60,271 Discontinued operations: Environmental remediation liabilities 2,177 2,179 Self-insured liability 1,707 1,639 Other 263 539 Total discontinued operations 4,147 4,357 Total other deferred items and liabilities $ 62,467 $ 64,628

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debt and Finance Lease Obligations	The components of debt and finance lease obligations consisted of the following: March 31, December 31, (in thousands, except interest rates) 2021 2020 2018 Credit Facility, 4.5% weighted-average interest rate at March 31, 2021 and 4.5% at December 31, 2020, due through 2023 (1) $ 301,094 $ 266,762 FlyOver Iceland Credit Facility, 4.9% weighted-average interest rate at March 31, 2021 and December 31, 2020, due through 2023 (1) 5,695 5,820 FlyOver Iceland Term Loans, 3.8% weighted-average interest rate at March 31, 2021 and December 31, 2020, due through 2024 (1) 710 705 Less unamortized debt issuance costs (2,481 ) (2,737 ) Total debt ( 2) 305,018 270,550 Finance lease obligations, 9.0% weighted-average interest rate at March 31, 2021 and 8.0% at December 31, 2020, due through 2067 (3) 65,200 23,141 Total debt and finance lease obligations ( 4) 370,218 293,691 Current portion (2,800 ) (8,335 ) Long-term debt and finance lease obligations $ 367,418 $ 285,356 (1) Represents the weighted-average interest rate in effect at the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees. (2) The estimated fair value of total debt and finance leases was $329.1 million as of March 31, 2021 and $254.0 million as of December 31, 2020. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity, which is a Level 2 measurement. Refer to Note 13 – Fair Value Measurements. (3) The increase in finance lease obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term. ( 4 ) Cash paid for interest on debt was $5.7 million for the three months ended March 31, 2021 and $3.5 million for the three months ended March 31, 2020.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2021
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, 2021 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 2 $ 2 $ — $ — Other mutual funds (2) 3,778 3,778 — — Total assets at fair value on a recurring basis $ 3,780 $ 3,780 $ — $ — Fair Value Measurements at Reporting Date Using (in thousands) December 31, 2020 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money market funds (1) $ 2 $ 2 $ — $ — Other mutual funds (2) 3,457 3,457 — — Total assets at fair value on a recurring basis $ 3,459 $ 3,459 $ — $ — (1) We include money market funds in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. We classify these investments as available-for-sale and record them 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) We include other mutual funds in “Other investments and assets” in the Condensed Consolidated Balance Sheets.

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Reconciliation of Basic and Diluted Loss Per Share	The components of basic and diluted loss per share are as follows: Three Months Ended March 31, (in thousands, except per share data) 2021 2020 Net loss attributable to Viad (diluted) $ (43,152 ) $ (86,585 ) Convertible preferred stock dividends (1,898 ) — Adjustment to the redemption value of redeemable noncontrolling interest (56 ) (126 ) Net loss allocated to Viad common stockholders (basic) $ (45,106 ) $ (86,711 ) Basic weighted-average outstanding common shares 20,370 20,215 Diluted weighted-average outstanding shares 20,370 20,215 Loss per share: Basic loss attributable to Viad common stockholders $ (2.21 ) $ (4.29 ) Diluted loss attributable to Viad common stockholders ( 1) $ (2.21 ) $ (4.29 ) (1) Diluted loss per share amount cannot exceed basic loss per share.

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Schedule of Excluded Weighted-Average Potential Common Shares from Calculations of Diluted Net Income (Loss) Per Common Shares	We excluded the following weighted-average potential common shares from the calculations of diluted net loss per common share during the applicable periods because their inclusion would have been anti-dilutive: Three Months Ended March 31, (in thousands) 2021 2020 Convertible preferred stock (as converted to common stock) 6,494 — Unvested restricted share-based awards 38 84 Stock options 57 16

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in accumulated other comprehensive income (loss) (“AOCI”) by component are as follows: (in thousands) Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2020 $ (16,686 ) $ (13,955 ) $ (30,641 ) Other comprehensive income before reclassifications 3,977 — 3,977 Amounts reclassified from AOCI, net of tax — 121 121 Net other comprehensive income 3,977 121 4,098 Balance at March 31, 2021 $ (12,709 ) $ (13,834 ) $ (26,543 ) (in thousands) Cumulative Foreign Currency Translation Adjustments Unrecognized Net Actuarial Loss and Prior Service Credit, Net Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2019 $ (23,799 ) $ (11,900 ) $ (35,699 ) Other comprehensive loss before reclassifications (28,158 ) — (28,158 ) Amounts reclassified from AOCI, net of tax — 314 314 Net other comprehensive income (loss) (28,158 ) 314 (27,844 ) Balance at March 31, 2020 $ (51,957 ) $ (11,586 ) $ (63,543 )

Pension and Postretirement Be_2

Pension and Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2021
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, 2021 and 2020 consist of the following: Domestic Plans Pension Plans Postretirement Benefit Plans Foreign Pension Plans (in thousands) 2021 2020 2021 2020 2021 2020 Service cost $ — $ — $ 13 $ 15 $ 113 $ 110 Interest cost 114 160 55 88 76 84 Expected return on plan assets (27 ) (1 ) — — (125 ) (131 ) Amortization of prior service credit — — (1 ) (36 ) — — Recognized net actuarial loss 151 135 56 82 49 46 Net periodic benefit cost $ 238 $ 294 $ 123 $ 149 $ 113 $ 109

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
	Mar. 31, 2021
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, 2020 $ 2,440 $ 2,766 $ 24 $ 5,230 Restructuring charges 64 2,719 43 2,826 Cash payments (419 ) (1,747 ) (60 ) (2,226 ) Non-cash items ( 1) — (1,913 ) — (1,913 ) Adjustment to liability (10 ) (18 ) 15 (13 ) Balance at March 31, 2021 $ 2,075 $ 1,807 $ 22 $ 3,904 (1) Represents non-cash adjustments related to a write down of certain ROU assets as a result of vacating certain facilities prior to the lease term and the closure and liquidation of GES’ United Kingdom-based audio-visual services business.

Leases and Other (Tables)

Leases and Other (Tables)	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Summary of Balance Sheet Presentation of Operating and Finance Leases	The balance sheet presentation of our operating and finance leases is as follows: March 31, December 31, (in thousands) Classification on the Condensed Consolidated Balance Sheet 2021 2020 Assets: Operating lease assets Operating lease ROU assets $ 81,488 $ 82,739 Finance lease assets (1) Property and equipment, net 63,934 23,366 Total lease assets $ 145,422 $ 106,105 Liabilities: Current: Operating lease obligations Operating lease obligations $ 14,684 $ 15,697 Finance lease obligations Current portion of debt and finance lease obligations 2,519 2,514 Noncurrent: Operating lease obligations Long-term operating lease obligations 72,878 70,150 Finance lease obligations (1) Long-term debt and finance lease obligations 62,681 20,627 Total lease liabilities $ 152,762 $ 108,988 (1) The increase in finance lease assets and obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term.
Components of Lease Expense	The components of lease expense consisted of the following: Three Months Ended March 31, (in thousands) 2021 2020 Finance lease cost: Amortization of ROU assets $ 1,070 $ 918 Interest on lease liabilities 1,315 417 Operating lease cost 6,270 6,727 Short-term lease cost 261 310 Variable lease cost 942 1,699 Total lease cost, net $ 9,858 $ 10,071
Schedule of Other Information Related to Operating and Finance Leases	Other information related to operating and finance leases are as follows: Three Months Ended March 31, (in thousands) 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 6,153 $ 6,529 Operating cash flows from finance leases $ 274 $ 160 Financing cash flows from finance leases $ 710 $ 777 ROU assets obtained in exchange for lease obligations: Operating leases $ 6,299 $ 779 Finance leases 42,907 $ 730 March 31, December 31, 2021 2020 Weighted-average remaining lease term (years): Operating leases 8.21 8.39 Finance leases 35.44 13.97 Weighted-average discount rate: Operating leases 7.02 % 6.93 % Finance leases 9.04 % 7.99 %
Schedule of Estimated Future Minimum Lease Payments Under Non-cancellable Leases Excluding Variable Leases and Variable Non-lease Components	As of March 31, 2021, the estimated future minimum lease payments under non-cancellable leases, excluding variable leases and variable non-lease components, are as follows: (in thousands) Operating Leases Finance Leases Total Remainder of 2021 $ 16,616 $ 5,948 $ 22,564 2022 16,932 7,927 24,859 2023 13,847 7,407 21,254 2024 11,982 6,735 18,717 2025 10,689 6,204 16,893 Thereafter 52,037 189,245 241,282 Total future lease payments 122,103 223,466 345,569 Less: Amount representing interest (34,541 ) (158,266 ) (192,807 ) Present value of minimum lease payments 87,562 65,200 152,762 Current portion 14,684 2,519 17,203 Long-term portion $ 72,878 $ 62,681 $ 135,559
Schedule of Estimated Future Minimum Rentals Under Non-cancellable Leases	As of March 31, 2021, the estimated future minimum rental income under non-cancellable leases, which includes rental income from facilities that we own, are as follows: (in thousands) Remainder of 2021 $ 1,180 2022 1,088 2023 869 2024 646 2025 493 Thereafter 1,333 Total minimum rents $ 5,609

Redeemable Noncontrolling Int_2

Redeemable Noncontrolling Interest (Tables)	3 Months Ended
	Mar. 31, 2021
Noncontrolling Interest [Abstract]
Summary of Changes in Redeemable Noncontrolling Interest	Changes in the redeemable noncontrolling interest are as follows: (in thousands) Balance at December 31, 2020 $ 5,225 Net loss attributable to redeemable noncontrolling interest (494 ) Adjustment to the redemption value 56 Capital contribution 142 Foreign currency translation adjustment 77 Balance at March 31, 2021 $ 5,006 Non-redeemable noncontrolling interest 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 equity ownership interest that we do not own. Changes in the non-redeemable noncontrolling interest are as follows: (in thousands) Glacier Park Inc. Brewster (1) Sky Lagoon Total Balance at December 31, 2020 $ 13,953 $ 51,295 $ 12,896 $ 78,144 Net loss attributable to non-redeemable noncontrolling interest (729 ) (87 ) (629 ) (1,445 ) Acquisitions — 6,759 — 6,759 Dividends — (951 ) — (951 ) Foreign currency translation adjustments 2 654 94 750 Balance at March 31, 2021 $ 13,226 $ 57,670 $ 12,361 $ 83,257 Equity ownership interest that we do not own 20 % 40 % 49 % (1) Includes Mountain Park Lodges and our recently acquired Golden Skybridge at Brewster, part of the Banff Jasper Collection.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2021
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) 2021 2020 Revenue: GES $ 19,145 $ 281,135 Pursuit 9,790 13,523 Total revenue $ 28,935 $ 294,658 Segment operating income (loss): GES $ (19,904 ) $ 10,858 Pursuit (18,321 ) (20,274 ) Segment operating loss (38,225 ) (9,416 ) Corporate eliminations (1) 17 16 Corporate activities (2,005 ) (789 ) Operating loss (40,213 ) (10,189 ) Interest income 33 79 Interest expense (5,118 ) (4,018 ) Other expense (360 ) (419 ) Restructuring charges: GES (2,783 ) (656 ) Pursuit (23 ) (1 ) Corporate (20 ) (194 ) Impairment charges: GES — (86,623 ) Pursuit — (1,757 ) Loss from continuing operations before income taxes $ (48,484 ) $ (103,778 ) (1) 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.

Overview and Basis of Present_4

Overview and Basis of Presentation - Narrative (Details) $ in Millions	Aug. 05, 2020USD ($)	Mar. 31, 2021Segment
Overview And Summary Of Significant Accounting Policies [Line Items]
Number of reportable segments | Segment		2
Initial Investment	$ 135
Fees	$ 9.2
Remaining maturities of highly-liquid investments		three months or less
Percentage of non equity ownership related redeemable noncontrolling interests		54.50%
Maximum
Overview And Summary Of Significant Accounting Policies [Line Items]
Lease expiration period		24 years
Maximum | Land
Overview And Summary Of Significant Accounting Policies [Line Items]
Lease expiration period		46 years

Overview and Basis of Present_5

Overview and Basis of Presentation - Schedule of Corrections to Prior Period Adjustments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Total revenue	$ 28,935	$ 294,658
Services
Total revenue	24,900	264,206
Costs and expenses	56,368	273,052
Cost of Services
Costs and expenses		273,052
GES
Total revenue	$ 19,145	281,135
Previously Reported | Services
Total revenue		275,556
Previously Reported | Cost of Services
Costs and expenses		284,402
Revision of Prior Period, Error Correction, Adjustment | GES | Services
Total revenue		(11,350)
Revision of Prior Period, Error Correction, Adjustment | GES | Cost of Services
Costs and expenses		$ (11,350)

Overview and Basis of Present_6

Overview and Basis of Presentation - Schedule of Cash and Cash Equivalents and Restricted Cash Balances (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Cash And Cash Equivalents [Abstract]
Cash and cash equivalents	$ 34,714	$ 39,545
Restricted cash included in other current assets	$ 3,231	$ 2,426
Restricted Cash and Cash Equivalents, Current, Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherCurrentAssetsMember	us-gaap:OtherCurrentAssetsMember
Cash, cash equivalents, and restricted cash shown in the statement of cash flows	$ 37,945	$ 41,971	$ 130,533	$ 62,004

Revenue and Related Contract _3

Revenue and Related Contract Costs and Contract Liabilities - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
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, as applicable
Capitalized contract costs to obtain contracts	$ 800,000
Capitalized contract costs to fulfill contracts	10,800,000
Impairment loss on capitalized contract costs	$ 0	$ 0
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 we extend credit, payment terms are generally within 30 days and contain no significant financing components
Performance obligation payment terms	30 days

Revenue and Related Contract _4

Revenue and Related Contract Costs and Contract Liabilities - Summary of Changes in Contract Liabilities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Revenue From Contract With Customer [Abstract]
Balance at December 31, 2020	$ 18,618
Cash additions	14,338
Revenue recognized	(5,647)
Foreign exchange translation adjustment	(453)
Balance at March 31, 2021	$ 26,856

Revenue and Related Contract _5

Revenue and Related Contract Costs and Contract Liabilities - Summary of Changes in Contract Costs (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Revenue From Contract With Customer [Abstract]
Balance at December 31, 2020	$ 10,835
Additions	4,394
Expenses	(3,237)
Cancelled	(432)
Foreign exchange translation adjustment	34
Balance at March 31, 2021	$ 11,594

Revenue and Related Contract _6

Revenue and Related Contract Costs and Contract Liabilities - Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Disaggregation Of Revenue [Line Items]
Total revenue		$ 28,935	$ 294,658
GES
Disaggregation Of Revenue [Line Items]
Total revenue		19,145	281,135
GES | Operating Segments
Disaggregation Of Revenue [Line Items]
Total revenue		19,145	281,135
GES | Intersegment Eliminations
Disaggregation Of Revenue [Line Items]
Total revenue		(616)	(1,989)
Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		9,790	13,523
Pursuit | Operating Segments
Disaggregation Of Revenue [Line Items]
Total revenue		9,790	13,523
Pursuit | Intersegment Eliminations
Disaggregation Of Revenue [Line Items]
Total revenue			(111)
North America | GES | Operating Segments
Disaggregation Of Revenue [Line Items]
Total revenue		15,858	242,440
EMEA | GES | Operating Segments
Disaggregation Of Revenue [Line Items]
Total revenue		3,903	40,684
Services Transferred Over Time | GES
Disaggregation Of Revenue [Line Items]
Total revenue		17,015	253,226
Services Transferred Over Time | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		7,885	10,980
Products Transferred Over Time | GES
Disaggregation Of Revenue [Line Items]
Total revenue	[1]	417	13,027
Products Transferred at a Point in Time | GES
Disaggregation Of Revenue [Line Items]
Total revenue		1,713	14,882
Products Transferred at a Point in Time | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		1,905	2,543
Exhibitions And Conferences | GES
Disaggregation Of Revenue [Line Items]
Total revenue		5,835	201,159
Brand Experiences | GES
Disaggregation Of Revenue [Line Items]
Total revenue		11,704	68,995
Venue Services | GES
Disaggregation Of Revenue [Line Items]
Total revenue		1,606	10,981
Accommodations | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		5,150	4,517
Admissions | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		1,484	4,102
Transportation | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		537	2,056
Travel Planning | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		714	416
Total Services | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		7,885	10,980
Food and Beverage | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		1,224	1,649
Retail Operations | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		681	894
Products
Disaggregation Of Revenue [Line Items]
Total revenue		4,035	30,452
Products | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		1,905	2,543
Banff Jasper Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		8,460	9,799
Alaska Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		289	151
Glacier Park Collection | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		578	723
FlyOver | Pursuit
Disaggregation Of Revenue [Line Items]
Total revenue		$ 463	$ 2,850
[1]	GES’ graphics product revenue is earned over time over the duration of an event as it is considered a part of the single performance obligation satisfied over time.

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Repurchase of common stock for employee tax withholding obligations amount	$ 519	$ 1,059
Recognition period of unrecognized cost	1 year 10 months 24 days
Requisite service period	2 years
Total unrecognized compensation cost related to non-vested stock option awards	$ 3,800
Maximum
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share based compensation arrangement performance period	3 years 4 months 24 days
Minimum [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Share based compensation arrangement performance period	1 year
2017 Plan
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Useful Term of the plan	10 years
Common stock shares issuable	1,750,000
Shares available for grant	759,578
2007 Plan | Performance-based Restricted Stock Units ("PBRS")
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Shares available for grant	0
Awards with grant date fair value during the period	$ 3,200
Liability based PRSU	900		$ 800
Payments to employees	0		2,600
Unamortized cost	$ 3,100
Recognition period of unrecognized cost	2 years 9 months 18 days
2007 Plan | Restricted Stock Awards And Restricted Stock Units
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Payments to employees	$ 100	$ 200
Repurchase of common stock for employee tax withholding obligations amount, shares	12,055	17,674
Repurchase of common stock for employee tax withholding obligations amount	$ 500	$ 1,100
Unamortized cost	$ 6,800
Recognition period of unrecognized cost	1 year 3 months 18 days
Liabilities related to restricted stock	$ 200		$ 200
Vested, shares	3,174,000,000	2,815,000,000
2007 Plan | Maximum
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Award vesting period	4 years
2007 Plan | Minimum [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Award vesting period	3 years

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Share-Based Compensation (income) expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Summary of share-based compensation expense
Share-based compensation expense (benefit)	$ 1,763	$ (2,145)
Share-based compensation expense before income tax	1,763	(2,145)
Income tax benefit	(27)	(109)
Share-based compensation (income) expense, net of income tax	1,736	(2,254)
Performance-based Restricted Stock Units ("PBRS")
Summary of share-based compensation expense
Share-based compensation expense (benefit)	140	(2,635)
Share-based compensation expense before income tax	140	(2,635)
Restricted Stock Awards And Restricted Stock Units
Summary of share-based compensation expense
Share-based compensation expense (benefit)	1,244	490
Share-based compensation expense before income tax	1,244	$ 490
Stock Options
Summary of share-based compensation expense
Share-based compensation expense (benefit)	379
Share-based compensation expense before income tax	$ 379

Share-Based Compensation - Su_2

Share-Based Compensation - Summary of Activity of the Outstanding PRSU Awards (Details) - Performance-based Restricted Stock Units ("PBRS")	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Beginning Balance, shares | shares	61,208
Granted, shares | shares	101,785
Ending Balance, shares | shares	162,993
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 57.18
Granted, Weighted-Average Grant Date Fair Value | $ / shares	31.28
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 41.01
Beginning Balance, shares | shares	121,485
Vested, shares | shares	(42,698)
Forfeited, shares | shares	(703)
Ending Balance, shares | shares	78,084
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 56.34
Vested, Weighted-Average Grant Date Fair Value | $ / shares	51.96
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	56.97
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 57.12

Share-Based Compensation - Su_3

Share-Based Compensation - Summary of Activity of the Outstanding Restricted Stock Awards And Restricted Stock Units (Details)	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Beginning Balance, shares | shares	107,107
Granted, shares | shares	22,320
Vested, shares | shares	(37,170)
Forfeited, shares | shares	(1,030)
Ending Balance, shares | shares	91,227
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 53.23
Granted, Weighted-Average Grant Date Fair Value | $ / shares	44.80
Vested, Weighted-Average Grant Date Fair Value | $ / shares	53.86
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	56.94
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 50.87
Restricted Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Beginning Balance, shares | shares	151,261
Granted, shares | shares	62,919
Forfeited, shares | shares	(2,026)
Ending Balance, shares | shares	212,154
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 19.51
Granted, Weighted-Average Grant Date Fair Value | $ / shares	44.79
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares	19.75
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 27
Beginning Balance, shares | shares	10,459
Vested, shares | shares	(3,174)
Ending Balance, shares | shares	7,285
Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 51.91
Vested, Weighted-Average Grant Date Fair Value | $ / shares	52.24
Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 53.34

Share-Based Compensation - Su_4

Share-Based Compensation - Summary of Stock Option Activity (Details) - USD ($)		3 Months Ended
		Mar. 31, 2021	Dec. 31, 2020
Options outstanding and exercisable
Granted, Shares		137,858
Options outstanding at December 31, 2020			204,150
Options outstanding at March 31, 2021		342,008
Weighted-Average Exercise Price
Options outstanding at December 31, 2020		$ 29.98	$ 19.98
Granted, Weighted-Average Exercise Price		$ 44.80
Aggregate intrinsic value of options outstanding at March 31, 2021	[1]	$ 4,445,085
[1]	The aggregate intrinsic value of stock options outstanding represents the difference between our closing stock price at the end of the reporting period and the exercise price, multiplied by the number of in-the-money stock options.

Share Based Compensation - Summ

Share Based Compensation - Summary of Options Outstanding and Exercisable (Details)	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Exercise Price Range One
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of exercise prices	$ 19.30
Shares | shares	150,000
Weighted-Average Remaining Contractual Life (in years)	7 years 9 months
Weighted-Average Exercise Price	$ 19.30
Exercise Price Range Two
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of exercise prices	$ 21.85
Shares | shares	54,150
Weighted-Average Remaining Contractual Life (in years)	6 years 4 months 27 days
Weighted-Average Exercise Price	$ 21.85
Exercise Price Range Three
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of exercise prices	$ 44.80
Shares | shares	137,858
Weighted-Average Remaining Contractual Life (in years)	6 years 10 months 24 days
Weighted-Average Exercise Price	$ 44.80
ExercisePriceRange4Member
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range [Line Items]
Range of exercise prices	19.30
Range of exercise prices	$ 44.80
Shares | shares	342,008
Weighted-Average Remaining Contractual Life (in years)	7 years 2 months 12 days
Weighted-Average Exercise Price	$ 29.98

Share Based Compensation - Assu

Share Based Compensation - Assumptions Used in the Black-Scholes Option Pricing Model to Estimate the Fair Value of Each Stock Option Grant (Details)	3 Months Ended
	Mar. 31, 2021$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Risk-free interest rate	0.50%
Expected term (in years)	4 years 6 months
Expected volatility	55.80%
Weighted average grant-date fair value per share of options granted	$ 20.26

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) $ in Millions, $ in Millions	Mar. 18, 2021USD ($)	Mar. 18, 2021CAD ($)	Mar. 31, 2021USD ($)
Business Acquisition [Line Items]
Business combination net assets property and equipment	$ 2.2
Business combination net assets noncontrolling interest	6.8
Business combination net assets goodwill	$ 11.8
Maximum
Business Acquisition [Line Items]
Business acquisition purchase change in price allocation acquisition date.	1 year	1 year
Golden Skybridge
Business Acquisition [Line Items]
Business acquisition date	Mar. 18, 2021	Mar. 18, 2021
Percentage of controlling interest acquired	60.00%
Purchase price	$ 12	$ 15
Business acquisition expected open period	2021-06	2021-06
Acquisition related costs			$ 0.2
Golden Skybridge | Development and Start Up Costs
Business Acquisition [Line Items]
Purchase price	$ 4.8	$ 6

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Components of Inventories
Raw materials	$ 2,737	$ 3,362
Finished goods	5,669	5,365
Inventories	$ 8,406	$ 8,727

Other Current Assets - Schedule

Other Current Assets - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Prepaid insurance	$ 4,109	$ 4,297
Restricted cash	3,231	2,426
Prepaid software maintenance	3,179	3,058
Prepaid vendor payments	1,275	1,835
Income tax receivable	905	337
Prepaid taxes	307	345
Prepaid other	1,423	1,296
Other	4,019	3,631
Other current assets	$ 18,448	$ 17,225

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Property Plant And Equipment [Line Items]
Gross property and equipment		$ 824,000	$ 820,888
Accumulated depreciation		(354,320)	(352,100)
Property and equipment, net (excluding finance leases)		469,680	468,788
Finance lease ROU assets, net (1)	[1]	63,934	23,366
Property and equipment, net		533,614	492,154
Land and land interests
Property Plant And Equipment [Line Items]
Gross property and equipment		30,583	32,849
Buildings and leasehold improvements
Property Plant And Equipment [Line Items]
Gross property and equipment		382,387	386,751
Equipment and other
Property Plant And Equipment [Line Items]
Gross property and equipment		$ 411,030	$ 401,288
[1]	The increase in finance lease ROU assets is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021.

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Property Plant And Equipment [Line Items]
Depreciation expense	$ 10,900	$ 12,200
Amortization expense on finance lease assets	1,070	918
Property and equipment purchased through accounts payable and accrued liabilities, decreased amount	$ 500	$ 4,600

Other Investments and Assets -

Other Investments and Assets - Summary of Other Investments and Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investments All Other Investments [Abstract]
Self-insured liability receivable	$ 6,358	$ 6,358
Other mutual funds	3,778	3,457
Contract costs	2,813	2,912
Other	2,760	2,765
Other investments and assets	$ 15,709	$ 15,492

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Summary of Goodwill Balances by Component and Segment (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Goodwill [Line Items]
Balance, beginning	$ 99,847
Balance, ending	112,947
Pursuit
Goodwill [Line Items]
Balance, beginning	99,847
Business acquisition	11,776
Foreign currency translation adjustments	1,324
Balance, ending	$ 112,947

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Gross Carrying Value	$ 103,049	$ 103,101
Intangible assets subject to amortization, Accumulated Amortization	(32,993)	(32,502)
Intangible assets subject to amortization, Net Carrying Value	70,056	70,599
Other intangible assets, Gross Carrying Value	103,624	103,674
Other intangible assets, Net Carrying Value	$ 70,631	71,172
Customer contracts and relationships
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	6 years 3 months 18 days
Intangible assets subject to amortization, Gross Carrying Value	$ 37,821	38,214
Intangible assets subject to amortization, Accumulated Amortization	(26,676)	(26,288)
Intangible assets subject to amortization, Net Carrying Value	$ 11,145	11,926
Operating contracts and licenses
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	36 years 4 months 24 days
Intangible assets subject to amortization, Gross Carrying Value	$ 42,402	42,012
Intangible assets subject to amortization, Accumulated Amortization	(2,469)	(2,405)
Intangible assets subject to amortization, Net Carrying Value	$ 39,933	39,607
In-place lease
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	13 years 1 month 6 days
Intangible assets subject to amortization, Gross Carrying Value	$ 15,558	15,347
Intangible assets subject to amortization, Accumulated Amortization	(778)	(656)
Intangible assets subject to amortization, Net Carrying Value	$ 14,780	14,691
Tradenames
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	5 years
Intangible assets subject to amortization, Gross Carrying Value	$ 5,659	5,940
Intangible assets subject to amortization, Accumulated Amortization	(2,294)	(2,435)
Intangible assets subject to amortization, Net Carrying Value	$ 3,365	3,505
Non-compete agreements
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	9 months 18 days
Intangible assets subject to amortization, Gross Carrying Value	$ 780	770
Intangible assets subject to amortization, Accumulated Amortization	(663)	(616)
Intangible assets subject to amortization, Net Carrying Value	$ 117	154
Other
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets subject to amortization, Useful Life (Years)	6 years 10 months 24 days
Intangible assets subject to amortization, Gross Carrying Value	$ 829	818
Intangible assets subject to amortization, Accumulated Amortization	(113)	(102)
Intangible assets subject to amortization, Net Carrying Value	716	716
Business licenses
Finite-Lived Intangible Assets, Net [Abstract]
Indefinite-lived intangible assets, Gross Carrying Value	$ 575	$ 573

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Segment Reporting Information [Line Items]
Impairment charge to intangible assets		$ 15.7
Services
Segment Reporting Information [Line Items]
Intangible asset amortization expense	$ 1.2	$ 2.2

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Estimated Future Amortization Expense Related to Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Estimated amortization expense related to amortized intangible assets
Remainder of 2021	$ 4,039
2022	5,164
2023	4,500
2024	3,539
2025	2,244
Thereafter	50,570
Intangible assets subject to amortization, Net Carrying Value	$ 70,056	$ 70,599

Other Current Liabilities - Sch

Other Current Liabilities - Schedule of Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Continuing operations:
Self-insured liability	$ 5,450	$ 5,715
Accrued employee benefit costs	2,879	2,363
Accrued sales and use taxes	1,857	1,547
Accrued interest payable	1,809	3,042
Accrued professional fees	1,635	1,691
Current portion of pension and postretirement liabilities	1,618	1,805
Commissions payable	1,352	903
Accrued restructuring	1,224	2,479
Other taxes	1,824	1,872
Other	4,974	5,123
Total continuing operations	24,622	26,540
Discontinued operations:
Self-insured liability	226	347
Environmental remediation liabilities	61	61
Other	91	91
Total discontinued operations	378	499
Total other current liabilities	$ 25,000	$ 27,039

Other Deferred Items and Liab_3

Other Deferred Items and Liabilities - Summary of Other Deferred Items and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Continuing operations:
Foreign deferred tax liability	$ 19,492	$ 21,336
Multi-employer pension plan withdrawal liability	15,849	15,864
Self-insured liability	7,168	6,662
Self-insured excess liability	6,358	6,358
Accrued compensation	5,309	5,821
Accrued restructuring	2,680	2,751
Other	1,464	1,479
Total continuing operations	58,320	60,271
Discontinued operations:
Environmental remediation liabilities	2,177	2,179
Self-insured liability	1,707	1,639
Other	263	539
Total discontinued operations	4,147	4,357
Total other deferred items and liabilities	$ 62,467	$ 64,628

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Schedule of Debt and Finance Lease Obligations (Details) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Less unamortized debt issuance costs		$ (2,481)	$ (2,737)
Total debt	[1]	305,018	270,550
Finance lease obligations, 8.9% weighted-average interest rate at March 31, 2021 and 8.0% at December 31, 2020, due through 2067	[2]	65,200	23,141
Total debt and finance lease obligations	[3]	370,218	293,691
Total debt and finance lease obligations	[3]	370,218	293,691
Current portion		(2,800)	(8,335)
Long-term debt and finance lease obligations		367,418	285,356
FlyOver Iceland Credit Facility
Debt Instrument [Line Items]
Credit facility	[4]	5,695	5,820
Fly Over Iceland Term Loan
Debt Instrument [Line Items]
Credit facility	[4]	710	705
2018 Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility	[4]	$ 301,094	$ 266,762
[1]	The estimated fair value of total debt and finance leases was $329.1 million as of March 31, 2021 and $254.0 million as of December 31, 2020. The fair value of debt was estimated by discounting the future cash flows using rates currently available for debt of similar terms and maturity, which is a Level 2 measurement. Refer to Note 13 – Fair Value Measurements.
[2]	The increase in finance lease obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term.
[3]	Cash paid for interest on debt was $5.7 million for the three months ended March 31, 2021 and $3.5 million for the three months ended March 31, 2020.
[4]	Represents the weighted-average interest rate in effect at the respective periods, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Schedule of Debt and Finance Lease Obligations (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Debt Instrument [Line Items]
Weighted average interest rate on long term debt	9.00%		8.00%
Fair value of debt	$ 329.1		$ 254
Cash paid for interest on debt	$ 5.7	$ 3.5
New Sky lagoon Attraction [Member]
Debt Instrument [Line Items]
Lease term	46 years
FlyOver Iceland Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate on long term debt	4.90%		4.90%
Fly Over Iceland Term Loan
Debt Instrument [Line Items]
Interest rate on credit facility	3.80%		3.80%
2018 Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate on credit facility	4.50%		4.50%

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations - Narrative (Details) $ in Thousands, € in Millions, kr in Millions		Jan. 08, 2021	Aug. 05, 2020USD ($)	Oct. 24, 2018USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2020ISK (kr)	Dec. 29, 2020ISK (kr)	Oct. 15, 2020ISK (kr)	Feb. 15, 2019USD ($)	Feb. 15, 2019EUR (€)
FlyOver Iceland Credit Facility
Line Of Credit Facility [Line Items]
Maturity date		Sep. 1, 2023			Mar. 1, 2022
Credit facility	[1]				$ 5,695	$ 5,820
Maximum borrowing capacity on credit facility										$ 5,600	€ 5
Line Of Credit Facility Amendment Description					an addendum to the FlyOver Iceland Credit Facility effective January 8, 2021 wherein the principal payments were deferred for twelve months beginning December 1, 2020, with the first payment due December 1, 2021. The addendum also extended the maturity date to September 1, 2023. There were no other changes to the terms of the FlyOver Iceland Credit Facility
Line Of Credit Facility Date Of First Required Payment		Dec. 1, 2021
Fly Over Iceland Term Loan
Line Of Credit Facility [Line Items]
Credit facility	[1]				$ 710	705
Maximum borrowing capacity on credit facility						700	kr 90
2018 Credit Agreement | Revolving Credit Facility
Line Of Credit Facility [Line Items]
Borrowing capacity on line of credit				$ 450,000
Additional borrowing capacity on line of credit				250,000
Line of Credit borrowings used to support letter of credit				$ 20,000
Maturity date				Oct. 24, 2023
Interest coverage ratio			200.00%
Remaining borrowing capacity on line of credit					139,400
Credit facility	[1]				301,094	$ 266,762
Letters of Credit Outstanding					$ 9,500
Commitment fee percentage on line of credit					0.50%
2018 Credit Agreement | Revolving Credit Facility | Maximum
Line Of Credit Facility [Line Items]
Leverage ratio during covenant waiver period			400.00%
Leverage ratio, post covenant waiver period			450.00%
Financial covenants leverage ratio step up			400.00%
Amendment Three Credit Agreement [Member]
Line Of Credit Facility [Line Items]
Minimum liquidity requirement					$ 100,000
Pledge percentage of capital stock			100.00%
Debt Fee Related To Amendment			$ 1,700
Amendment Three Credit Agreement [Member] | Unsecured Debt [Member]
Line Of Credit Facility [Line Items]
Credit Facility Expansion Feature			$ 250,000
Amendment Three Credit Agreement [Member] | LIBOR rate [Member]
Line Of Credit Facility [Line Items]
Variable rate			3.50%
First Term Loan [Member] | Fly Over Iceland Term Loan
Line Of Credit Facility [Line Items]
Maturity date						Apr. 1, 2023
Maximum borrowing capacity on credit facility | kr									kr 10
Line Of Term Loan Amendment Description						bears interest on a seven-day term deposit at the Central Bank of Iceland
Second Term Loan [Member] | Fly Over Iceland Term Loan
Line Of Credit Facility [Line Items]
Maturity date						Oct. 1, 2024
Maximum borrowing capacity on credit facility | kr									kr 30
Line Of Term Loan Amendment Description						bears interest on a seven-day term deposit at the Central Bank of Iceland plus 3.07%
Third Term Loan [Member] | Fly Over Iceland Term Loan
Line Of Credit Facility [Line Items]
Maturity date						Feb. 1, 2023
Maximum borrowing capacity on credit facility | kr								kr 50
Line Of Term Loan Amendment Description						bears interest at one-month Reykjavik InterBank Offered Rate (“REIBOR”) plus 4.99%. The Icelandic State Treasury guarantees supplemental loans provided by credit institutions to companies impacted by the COVID-19 pandemic. Accordingly, the Icelandic State Treasury guaranteed the repayment of up to 85% of the principal and interest on the ISK 10.0 million and ISK 30.0 million term loans and 70% of the principal amount on the ISK 50.0 million term loan
[1]	Represents the weighted-average interest rate in effect at the respective periods, 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, 2021	Dec. 31, 2020
Fair value information related to assets
Assets		$ 3,780	$ 3,459
Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets		3,780	3,459
Money market funds
Fair value information related to assets
Assets	[1]	2	2
Money market funds | Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets	[1]	2	2
Other mutual funds
Fair value information related to assets
Assets	[2]	3,778	3,457
Other mutual funds | Quoted Prices in Active Markets (Level 1)
Fair value information related to assets
Assets	[2]	$ 3,778	$ 3,457
[1]	We include money market funds in “Cash and cash equivalents” in the Condensed Consolidated Balance Sheets. We classify these investments as available-for-sale and record them 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]	We include other mutual funds in “Other investments and assets” in the Condensed Consolidated Balance Sheets.

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Fair Value Assets Measured on Recurring Basis (Parenthetical) (Details) - Money market funds	3 Months Ended
	Mar. 31, 2021USD ($)
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

Loss Per Share - Reconciliation

Loss Per Share - Reconciliation of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Numerator:
Net loss attributable to Viad (diluted)		$ (43,152)	$ (86,585)
Dividends on convertible preferred stock		(1,898)
Adjustment to the redemption value of redeemable noncontrolling interest		(56)	(126)
Net loss allocated to Viad common stockholders (basic)		$ (45,106)	$ (86,711)
Denominator:
Weighted-average outstanding common shares		20,370	20,215
Diluted weighted-average outstanding shares		20,370	20,215
Basic loss attributable to Viad common stockholders		$ (2.21)	$ (4.29)
Diluted loss attributable to Viad common stockholders	[1]	$ (2.21)	$ (4.29)
[1]	Diluted loss per share amount cannot exceed basic loss per share.

Income (Loss) Per Share - Sched

Income (Loss) Per Share - Schedule of Excluded Weighted-Average Potential Common Shares from Calculations of Diluted Net Income (Loss) Per Common Shares (Details) - shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Convertible Preferred Stock (as Converted to Common Stock)
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock shares effect would be anti-dilutive	6,494
Unvested Restricted Share-Based Awards
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock shares effect would be anti-dilutive	38	84
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock shares effect would be anti-dilutive	57	16

Common and Preferred Stock - Na

Common and Preferred Stock - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 05, 2020	Mar. 31, 2021	Feb. 07, 2019
Common Stock Repurchases (Textual) [Abstract]
Authorized repurchase of additional shares			500,000
Repurchased shares		53,784
Shares remain available for repurchase		546,283
Common stock purchased for treasury		$ 2.8
Convertible Preferred Stock (as Converted to Common Stock)
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	5.50%
Frequency of periodic payment of cumulative dividend	quarterly
Convertible preferred stock conversion price per share	$ 21.25
Dividends paid in kind		$ 1.9
Crestview Partners | Convertible Preferred Stock (as Converted to Common Stock)
Class Of Stock [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion	135,000
Preferred Stock, Par value	$ 0.01
Purchase price	$ 135
Shares issued, price per share	$ 1,000
Delayed draw commitment	$ 45
Capital raising expense	$ 9.2

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	$ 174,099	$ 547,229
Ending Balance	139,759	420,448
Cumulative Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(16,686)	(23,799)
Other comprehensive income (loss) before reclassifications	3,977	(28,158)
Net other comprehensive income (loss)	3,977	(28,158)
Ending Balance	(12,709)	(51,957)
Unrecognized Net Actuarial Loss and Prior Service Credit, Net
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(13,955)	(11,900)
Amounts reclassified from AOCI, net of tax	121	314
Net other comprehensive income (loss)	121	314
Ending Balance	(13,834)	(11,586)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balance	(30,641)	(35,699)
Other comprehensive income (loss) before reclassifications	3,977	(28,158)
Amounts reclassified from AOCI, net of tax	121	314
Net other comprehensive income (loss)	4,098	(27,844)
Ending Balance	$ (26,543)	$ (63,543)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Effective income tax rate	6.30%	15.20%
Federal statutory tax rate	21.00%	21.00%
Cash refunds from income taxes	$ 0.7
Paid cash for income taxes		$ 3.3

Pension and Postretirement Be_3

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, 2021	Mar. 31, 2020
Domestic Plans | Pension Plans
Net periodic benefit cost:
Interest cost	$ 114	$ 160
Expected return on plan assets	(27)	(1)
Recognized net actuarial loss	151	135
Net periodic benefit cost	238	294
Domestic Plans | Postretirement Benefit Plans
Net periodic benefit cost:
Service cost	13	15
Interest cost	55	88
Amortization of prior service credit	(1)	(36)
Recognized net actuarial loss	56	82
Net periodic benefit cost	123	149
Foreign Pension Plans
Net periodic benefit cost:
Service cost	113	110
Interest cost	76	84
Expected return on plan assets	(125)	(131)
Recognized net actuarial loss	49	46
Net periodic benefit cost	$ 113	$ 109

Pension and Postretirement Be_4

Pension and Postretirement Benefits - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in postretirement benefit plans	$ 0.9
Pension and Other Postretirement Benefit Contributions	0.2
Funded Plans | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in funded pension plans	0.8
Pension Contributions	0.2
Unfunded Pension Plans | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Amount expected to contribute in unfunded pension plans	0.9
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, 2021	Mar. 31, 2020
Restructuring Cost And Reserve [Line Items]
Beginning balance		$ 5,230
Restructuring charges		2,826	$ 851
Cash payments		(2,226)
Non-cash items	[1]	(1,913)
Adjustment to liability		(13)
Ending balance		3,904
GES | Severance & Employee Benefits
Restructuring Cost And Reserve [Line Items]
Beginning balance		2,440
Restructuring charges		64
Cash payments		(419)
Adjustment to liability		(10)
Ending balance		2,075
GES | Facilities
Restructuring Cost And Reserve [Line Items]
Beginning balance		2,766
Restructuring charges		2,719
Cash payments		(1,747)
Non-cash items	[1]	(1,913)
Adjustment to liability		(18)
Ending balance		1,807
Other Restructuring | Severance & Employee Benefits
Restructuring Cost And Reserve [Line Items]
Beginning balance		24
Restructuring charges		43
Cash payments		(60)
Adjustment to liability		15
Ending balance		$ 22
[1]	Represents non-cash adjustments related to a write down of certain ROU assets as a result of vacating certain facilities prior to the lease term and the closure and liquidation of GES’ United Kingdom-based audio-visual services business.

Restructuring Charges - Narrati

Restructuring Charges - Narrative (Details) $ in Millions	Mar. 31, 2021USD ($)
Restructuring And Related Activities [Abstract]
Payments of liabilities related to severance and employee benefits	$ 1.5

Leases and Other - Summary of B

Leases and Other - Summary of Balance Sheet Presentation of Operating and Finance Leases (Details) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Lessee Lease Description [Line Items]
Operating lease assets		$ 81,488	$ 82,739
Finance lease assets	[1]	63,934	23,366
Total lease assets		145,422	106,105
Operating lease obligations		14,684	15,697
Finance lease obligations		2,519
Operating lease obligations		72,878	70,150
Finance lease obligations		62,681
Total lease liabilities		152,762	108,988
Operating Lease Right-of-Use Assets
Lessee Lease Description [Line Items]
Operating lease assets		81,488	82,739
Property and Equipment, Net
Lessee Lease Description [Line Items]
Finance lease assets	[2]	63,934	23,366
Operating Lease Obligations
Lessee Lease Description [Line Items]
Operating lease obligations		14,684	15,697
Current Portion of Debt and Finance Lease Obligations
Lessee Lease Description [Line Items]
Finance lease obligations		2,519	2,514
Long-Term Operating Lease Obligations
Lessee Lease Description [Line Items]
Operating lease obligations		72,878	70,150
Long-Term Debt and Finance Lease Obligations
Lessee Lease Description [Line Items]
Finance lease obligations	[2]	$ 62,681	$ 20,627
[1]	The increase in finance lease ROU assets is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021.
[2]	The increase in finance lease assets and obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term.

Leases and Other - Summary of_2

Leases and Other - Summary of Balance Sheet Presentation of Operating and Finance Leases (parenthetical) (Details)	Mar. 31, 2021
New Sky lagoon Attraction [Member]
Lessee Lease Description [Line Items]
Lease term	46 years

Leases and Other - Components o

Leases and Other - Components of Least Expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Finance lease cost:
Amortization of ROU assets	$ 1,070	$ 918
Interest on lease liabilities	1,315	417
Operating lease cost	6,270	6,727
Short-term lease cost	261	310
Variable lease cost	942	1,699
Total lease cost, net	$ 9,858	$ 10,071

Leases and Other - Schedule of

Leases and Other - Schedule of Other Information Related to Operating and Finance Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 6,153	$ 6,529
Operating cash flows from finance leases	274	160
Financing cash flows from finance leases	710	777
ROU assets obtained in exchange for lease obligations:
Operating leases	6,299	779
Finance leases	$ 42,907	$ 730
Weighted-average remaining lease term (years):
Operating leases	8 years 2 months 15 days		8 years 4 months 20 days
Finance leases	35 years 5 months 8 days		13 years 11 months 19 days
Weighted-average discount rate:
Operating leases	7.02%		6.93%
Finance leases	9.04%		7.99%

Leases and Other - Schedule o_2

Leases and Other - Schedule of Estimated Future Minimum Lease Payments Under Non-cancelable Leases Excluding Variable Leases and Variable Non-lease Components (Details) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Remainder of 2021		$ 16,616
2022		16,932
2023		13,847
2024		11,982
2025		10,689
Thereafter		52,037
Total future lease payments		122,103
Less: Amount representing interest		(34,541)
Present value of minimum lease payments		87,562
Current portion		14,684	$ 15,697
Long-term portion		72,878	70,150
Remainder of 2021		5,948
2022		7,927
2023		7,407
2024		6,735
2025		6,204
Thereafter		189,245
Total future lease payments		223,466
Less: Amount representing interest		(158,266)
Present value of minimum lease payments	[1]	65,200	23,141
Current portion		2,519
Long-term portion		62,681
Remainder of 2021		22,564
2022		24,859
2023		21,254
2024		18,717
2025		16,893
Thereafter		241,282
Total future lease payments		345,569
Less: Amount representing interest		(192,807)
Total lease liabilities		152,762	$ 108,988
Current portion		17,203
Long-term portion		$ 135,559
[1]	The increase in finance lease obligations is primarily due to the commencement of Pursuit’s new Sky Lagoon attraction in Iceland during the first quarter of 2021, which has a 46-year lease term.

Leases and Other - Schedule o_3

Leases and Other - Schedule of Estimated Future Minimum Rentals Under Non-cancellable Leases (Details) $ in Thousands	Mar. 31, 2021USD ($)
Leases [Abstract]
Remainder of 2021	$ 1,180
2022	1,088
2023	869
2024	646
2025	493
Thereafter	1,333
Total minimum rents	$ 5,609

Leases and Other - Narrative (D

Leases and Other - Narrative (Details) - New flyover Attraction [Member]	3 Months Ended
	Mar. 31, 2021
Lessee Lease Description [Line Items]
Operating lease not yet commenced, description	we had executed a facility lease for which we did not have control of the underlying assets. Accordingly, we did not record the lease liability and ROU asset on our Condensed Consolidated Balance Sheets. This lease is for the new FlyOver Attraction, FlyOver Canada Toronto. We expect the lease commencement date to begin in fiscal year 2022 with a lease term of 22 years
Operating lease not yet commenced, term of contract	22 years

Litigation, Claims, Contingen_2

Litigation, Claims, Contingencies and Other - Narrative (Details)	3 Months Ended
	Mar. 31, 2021USD ($)Agreement	Mar. 31, 2020USD ($)
Loss Contingencies [Line Items]
Environmental remediation liability	$ 2,200,000
Maximum potential amount of future payments	$ 90,000,000
Guarantees relate to facilities and equipment leased by the company	2040-01
Recourse provision to recover guarantees	$ 0
Bargaining agreements | Agreement	100
Self insurance reserve	$ 12,600,000
Workers' compensation liability	7,900,000
Self insurance reserve for general and auto	4,700,000
Self insurance reserve on discontinued operations	1,900,000
Estimated employee health benefit claims incurred but not yet reported	1,500,000
Payments for self insurance	200,000	$ 1,500,000
Self insurance reserve in which company is the primary obligor	6,400,000
Self insurance reserve in which company is the primary obligor for workers compensation	6,400,000
Minimum [Member]
Loss Contingencies [Line Items]
General range on claims	200,000
Maximum
Loss Contingencies [Line Items]
General range on claims	$ 500,000

Redeemable Noncontrolling Int_3

Redeemable Noncontrolling Interest - Narrative (Details) - Esja Attractions ehf. - EUR (€)	3 Months Ended
	Mar. 31, 2021	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”) 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 Int_4

Redeemable Noncontrolling Interest - Summary of Changes in Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Noncontrolling Interest [Abstract]
Beginning balance	$ 5,225
Net loss attributable to redeemable noncontrolling interest	(494)	$ (517)
Adjustment to the redemption value	56
Capital contribution	142
Foreign currency translation adjustment	77
Ending balance	$ 5,006

Redeemable Noncontrolling Int_5

Redeemable Noncontrolling Interest - Summary of Changes in Non Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Minority Interest [Line Items]
Balance at December 31, 2020	$ 78,144
Net loss attributable to non-redeemable noncontrolling interest	(1,445)	$ (1,333)
Acquisitions	6,759
Capital contribution and distributions to noncontrolling interest	(951)	(1,526)
Unrealized foreign currency translation adjustments	750	$ (5,719)
Balance at March 31, 2021	83,257
Glacier Park Inc
Minority Interest [Line Items]
Balance at December 31, 2020	13,953
Net loss attributable to non-redeemable noncontrolling interest	(729)
Unrealized foreign currency translation adjustments	2
Balance at March 31, 2021	$ 13,226
Equity ownership interest that we do not own	20.00%
Brewster Incorporation Term Loan
Minority Interest [Line Items]
Balance at December 31, 2020	$ 51,295
Net loss attributable to non-redeemable noncontrolling interest	(87)
Acquisitions	6,759
Capital contribution and distributions to noncontrolling interest	(951)
Unrealized foreign currency translation adjustments	654
Balance at March 31, 2021	$ 57,670
Equity ownership interest that we do not own	40.00%
Sky Lagoon Attraction
Minority Interest [Line Items]
Balance at December 31, 2020	$ 12,896
Net loss attributable to non-redeemable noncontrolling interest	(629)
Unrealized foreign currency translation adjustments	94
Balance at March 31, 2021	$ 12,361
Equity ownership interest that we do not own	49.00%

Segment Information - Reconcili

Segment Information - Reconciliation of Income Statement Items from Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Reportable segments reconciliations:
Total revenue		$ 28,935	$ 294,658
Segment operating income (loss)		(40,213)	(10,189)
Interest income		33	79
Interest expense		(5,118)	(4,018)
Other expense		(360)	(419)
Restructuring recoveries (charges)		(2,826)	(851)
Impairment charges			88,380
Loss from continuing operations before income taxes		(48,484)	(103,778)
GES
Reportable segments reconciliations:
Total revenue		19,145	281,135
Pursuit
Reportable segments reconciliations:
Total revenue		9,790	13,523
Operating Segments
Reportable segments reconciliations:
Segment operating income (loss)		(38,225)	(9,416)
Operating Segments | GES
Reportable segments reconciliations:
Total revenue		19,145	281,135
Segment operating income (loss)		(19,904)	10,858
Restructuring recoveries (charges)		(2,783)	(656)
Impairment charges			(86,623)
Operating Segments | Pursuit
Reportable segments reconciliations:
Total revenue		9,790	13,523
Segment operating income (loss)		(18,321)	(20,274)
Restructuring recoveries (charges)		(23)	(1)
Impairment charges			(1,757)
Corporate Eliminations
Reportable segments reconciliations:
Segment operating income (loss)	[1]	17	16
Corporate
Reportable segments reconciliations:
Segment operating income (loss)		(2,005)	(789)
Restructuring recoveries (charges)		$ (20)	$ (194)
[1]	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.