Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

Note 17. Segment Information

Viad measures profit and performance of its operations on the basis of segment operating income which excludes restructuring charges and recoveries and impairment losses and recoveries. Intersegment sales are eliminated in consolidation and intersegment transfers are not significant. Corporate activities include expenses not allocated to operations. Depreciation and amortization and share-based compensation expense are the only significant non-cash items for the reportable segments. Disclosures regarding Viad’s reportable segments with reconciliations to consolidated totals are as follows:

	Three months ended March 31,
	2012			2011
	(in thousands)
Revenues:
Marketing & Events Group:
U.S.	$	206,874		$	231,695
International		57,778			53,954
Intersegment eliminations		(2,608	)		(1,311	)
		262,044			284,338
Travel & Recreation Group		6,728			5,760
	$	268,772		$	290,098
Segment operating income (loss):
Marketing & Events Group:
U.S.	$	7,248		$	17,934
International		3,857			3,785
		11,105			21,719
Travel & Recreation Group		(5,572	)		(4,460	)
		5,533			17,259
Corporate activities		(1,777	)		(1,271	)
		3,756			15,988
Interest income		169			214
Interest expense		(358	)		(412	)
Restructuring charges:
Marketing & Events U.S.		(2,003	)		(456	)
Marketing & Events International		(222	)		187
Income before income taxes	$	1,342		$	15,521

	March 31,		December 31,
	2012		2011
	(in thousands)
Assets:
Marketing & Events U.S.	$	228,573	$	213,843
Marketing & Events International		95,845		96,996
Travel & Recreation Group		199,921		194,278
Corporate and other		111,777		112,711
	$	636,116	$	617,828