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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 50,818 $ 59,719
Accounts receivable, net of allowances for doubtful accounts of $2,878 and $2,174, respectively 133,708 122,373
Inventories 11,703 10,785
Current contract costs 21,413 14,331
Prepaid insurance 10,699 13,370
Other current assets 21,036 18,977
Total current assets 249,377 239,555
Property and equipment, net 551,660 549,578
Other investments and assets 18,261 17,457
Operating lease right-of-use assets 101,699 102,777
Deferred income taxes 2,666 565
Goodwill 121,870 121,429
Other intangible assets, net 58,746 58,985
Total Assets 1,104,279 1,090,346
Current liabilities    
Accounts payable 93,623 73,020
Contract liabilities 61,169 43,950
Accrued compensation 20,365 25,839
Operating lease obligations 14,723 13,463
Other current liabilities 45,185 41,653
Current portion of debt and finance lease obligations 10,751 13,192
Total current liabilities 245,816 211,117
Long-term debt and finance obligations 456,914 456,752
Pension and postretirement benefits 16,505 16,769
Long-term operating lease obligations 98,981 101,297
Other deferred items and liabilities 70,268 70,024
Total liabilities 888,484 855,959
Commitments and contingencies
Redeemable noncontrolling interest 4,975 4,956
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 568,661 570,271
Accumulated deficit (357,120) (334,301)
Accumulated other comprehensive loss (46,800) (47,185)
Common stock in treasury, at cost, 4,119,377 and 4,216,044 shares, respectively (206,391) (211,657)
Total Viad stockholders’ equity (4,248) 14,530
Non-redeemable noncontrolling interest 82,477 82,310
Total stockholders’ equity 78,229 96,840
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 1,104,279 1,090,346
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 $ 132,591 $ 132,591