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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 53,179 $ 59,719
Accounts receivable, net of allowances for doubtful accounts of $3,097 and $2,174, respectively 146,157 122,373
Inventories 15,844 10,785
Current contract costs 18,313 14,331
Prepaid insurance 8,641 13,370
Other current assets 27,058 18,977
Total current assets 269,192 239,555
Property and equipment, net 567,117 549,578
Other investments and assets 19,321 17,457
Operating lease right-of-use assets 112,263 102,777
Deferred income taxes 2,718 565
Goodwill 123,899 121,429
Other intangible assets, net 58,257 58,985
Total Assets 1,152,767 1,090,346
Current liabilities    
Accounts payable 106,059 73,020
Contract liabilities 67,020 43,950
Accrued compensation 22,750 25,839
Operating lease obligations 15,087 13,463
Other current liabilities 37,788 41,653
Current portion of debt and finance lease obligations 8,382 13,192
Total current liabilities 257,086 211,117
Long-term debt and finance obligations 459,482 456,752
Pension and postretirement benefits 16,399 16,769
Long-term operating lease obligations 109,143 101,297
Other deferred items and liabilities 73,363 70,024
Total liabilities 915,473 855,959
Commitments and contingencies
Redeemable noncontrolling interest 4,727 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 569,733 570,271
Accumulated deficit (348,109) (334,301)
Accumulated other comprehensive loss (38,770) (47,185)
Common stock in treasury, at cost, 4,068,448 and 4,216,044 shares, respectively (203,769) (211,657)
Total Viad stockholders’ equity 16,487 14,530
Non-redeemable noncontrolling interest 83,489 82,310
Total stockholders’ equity 99,976 96,840
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 1,152,767 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