Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

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)	2024			2023
Revenue:
Pursuit	$	37,231		$	32,663
GES:
Spiro		61,248			60,362
GES Exhibitions		175,840			169,497
GES intersegment eliminations		(822	)		(1,731	)
Total GES		236,266			228,128
Total revenue	$	273,497		$	260,791
Segment operating income (loss):
Pursuit	$	(23,831	)	$	(19,112	)
GES:
Spiro		4,001			3,174
GES Exhibitions		11,357			10,410
Total GES		15,358			13,584
Segment operating loss		(8,473	)		(5,528	)
Corporate eliminations (1)		16			16
Corporate activities		(4,433	)		(3,165	)
Interest expense, net		(11,845	)		(12,249	)
Other expense, net		(438	)		(531	)
Restructuring charges:
Pursuit		—			(7	)
Spiro		(42	)		(137	)
GES Exhibitions		(74	)		(309	)
Loss from continuing operations before income taxes	$	(25,289	)	$	(21,910	)

(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)	2024		2023
Depreciation:
Pursuit	$	8,623	$	8,134
Spiro		561		500
GES Exhibitions		2,121		1,678
Corporate		27		20
	$	11,332	$	10,332
Amortization:
Pursuit	$	1,113	$	1,161
Spiro		78		63
GES Exhibitions		797		919
	$	1,988	$	2,143
Capital expenditures:
Pursuit	$	16,387	$	7,727
Spiro		380		647
GES Exhibitions		3,951		3,008
Corporate and other		3		2
	$	20,721	$	11,384

We do not report total