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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 59,381 $ 52,704
Accounts receivable, net of allowances of $2,552 and $2,901, respectively 185,881 128,019
Inventories 15,112 10,153
Current contract costs 32,386 20,202
Prepaid insurance 10,691 2,925
Other current assets 27,408 21,774
Total current assets 330,859 235,777
Property and equipment, net 595,072 592,891
Other investments and assets 18,988 17,047
Operating lease right-of-use assets 102,997 109,774
Deferred income taxes 1,777 1,930
Goodwill 120,684 123,906
Other intangible assets, net 53,024 55,997
Total Assets 1,223,401 1,137,322
Current liabilities    
Accounts payable 110,551 77,405
Contract liabilities 82,955 52,980
Accrued compensation 26,749 31,309
Operating lease obligations 17,326 17,334
Other current liabilities 58,373 42,397
Current portion of debt and finance lease obligations 12,948 8,371
Total current liabilities 308,902 229,796
Long-term debt and finance obligations 469,348 444,304
Pension and postretirement benefits 16,072 16,457
Long-term operating lease obligations 99,456 106,109
Other deferred items and liabilities 66,857 70,711
Total liabilities 960,635 867,377
Commitments and contingencies
Redeemable noncontrolling interest 4,199 4,733
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 569,781 568,230
Accumulated deficit (326,683) (326,084)
Accumulated other comprehensive loss (50,667) (40,394)
Common stock in treasury, at cost, 3,792,091 and 3,948,316 shares, respectively (188,626) (195,721)
Total Viad stockholders’ equity 41,207 43,433
Non-redeemable noncontrolling interest 84,769 89,188
Total stockholders’ equity 125,976 132,621
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 1,223,401 1,137,322
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