Acquisition of Businesses (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of recognized identified assets acquired and liabilities assumed

The following table summarizes the allocation of the aggregate purchase price paid and the amounts of assets acquired and liabilities assumed based on the estimated fair value as of the acquisition date. The allocation of the purchase price was completed as of March 31, 2017.

(in thousands)
Purchase price paid as:
Cash			$	50,920
Cash acquired				(6	)
Purchase price, net of cash acquired				50,914

Fair value of net assets acquired:
Inventories	$	11
Prepaid expenses		37
Property and equipment		10,867
Intangible assets		6,028
Total assets acquired		16,943
Accrued liabilities		118
Total liabilities assumed		118
Total fair value of net assets acquired				16,825
Excess purchase price over fair value of net assets acquired (“goodwill”)			$	34,089

Unaudited pro forma results of operations attributable to Viad

The following table summarizes the unaudited pro forma results of operations attributable to Viad, assuming the 2016 acquisitions of CATC Alaska Tourism Corporation (“CATC”) (acquired March 2016), the business of ON Event Services, LLC (“ON Services”) (acquired August 2016), and FlyOver Canada (acquired December 2016) had been completed on January 1, 2016:

	Three Months Ended		Six Months Ended
(in thousands, except per share data)	June 30, 2016		June 30, 2016
Revenue	$	344,778	$	601,941
Depreciation and amortization	$	13,172	$	25,138
Income from continuing operations	$	21,164	$	12,687
Net income attributable to Viad	$	20,865	$	12,364
Diluted income per share	$	1.03	$	0.61
Basic income per share	$	1.03	$	0.61