Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

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)	2023			2022
Revenue:
Pursuit	$	32,663		$	23,784
GES:
Spiro		60,362			42,816
GES Exhibitions		169,497			111,831
GES intersegment eliminations		(1,731	)		(1,071	)
Total GES		228,128			153,576
Total revenue	$	260,791		$	177,360
Segment operating income (loss):
Pursuit	$	(19,112	)	$	(21,198	)
GES:
Spiro		3,174			(239	)
GES Exhibitions		10,410			(1,355	)
Total GES		13,584			(1,594	)
Segment operating loss		(5,528	)		(22,792	)
Corporate eliminations (1)		16			17
Corporate activities		(3,165	)		(2,673	)
Interest expense, net		(12,249	)		(5,877	)
Other expense, net		(531	)		(638	)
Restructuring charges:
Pursuit		(7	)		—
Spiro		(137	)		(418	)
GES Exhibitions		(309	)		(236	)
Impairment charges:
GES Exhibitions		—			(583	)
Loss from continuing operations before income taxes	$	(21,910	)	$	(33,200	)

(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.

Reconciliation of assets from reportable segments

Additional information of our reportable segments is as follows:

	Three Months Ended March 31,
	March 31,
(in thousands)	2023		2022
Depreciation:
Pursuit	$	8,134	$	7,782
Spiro		500		929
GES Exhibitions		1,678		2,291
Corporate		20		4
	$	10,332	$	11,006
Amortization:
Pursuit	$	1,161	$	1,179
Spiro		63		52
GES Exhibitions		919		1,042
	$	2,143	$	2,273
Capital expenditures:
Pursuit	$	7,727	$	11,491
Spiro		647		144
GES Exhibitions		3,008		865
Corporate and other		2		70
	$	11,384	$	12,570

We do not report total