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Segment Information
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment Information

Note 22. Segment Information

We measure the profit and performance of our operations on the basis of segment operating income (loss) which excludes restructuring charges 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.

During the first quarter of 2019, we realigned GES’ organizational structure. As a result, we changed GES’ reportable segments to reflect how our chief operating decision maker regularly reviews and makes decisions regarding the allocation of resources. Accordingly, GES’ new reportable segments are GES North America and GES EMEA. We made no changes to the Pursuit reportable segment.

Our reportable segments, with reconciliations to consolidated totals, are as follows:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(in thousands)

 

2019

 

 

2018

 

Revenue:

 

 

 

 

 

 

 

 

GES:

 

 

 

 

 

 

 

 

North America

 

$

223,241

 

 

$

222,064

 

EMEA

 

 

54,376

 

 

 

48,920

 

Intersegment eliminations

 

 

(2,690

)

 

 

(3,278

)

Total GES

 

 

274,927

 

 

 

267,706

 

Pursuit

 

 

10,667

 

 

 

9,722

 

Total revenue

 

$

285,594

 

 

$

277,428

 

Segment operating income (loss):

 

 

 

 

 

 

 

 

GES:

 

 

 

 

 

 

 

 

North America

 

$

608

 

 

$

(79

)

EMEA

 

 

1,135

 

 

 

659

 

Total GES

 

 

1,743

 

 

 

580

 

Pursuit

 

 

(12,995

)

 

 

(11,395

)

Segment operating loss

 

 

(11,252

)

 

 

(10,815

)

Corporate eliminations (1)

 

 

16

 

 

 

16

 

Corporate activities

 

 

(1,833

)

 

 

(2,217

)

Operating loss

 

 

(13,069

)

 

 

(13,016

)

Interest income

 

 

98

 

 

 

84

 

Interest expense

 

 

(2,915

)

 

 

(2,069

)

Other expense

 

 

(455

)

 

 

(238

)

Restructuring recoveries (charges):

 

 

 

 

 

 

 

 

GES North America

 

 

17

 

 

 

—

 

GES EMEA

 

 

(662

)

 

 

(32

)

Pursuit

 

 

—

 

 

 

(140

)

Corporate

 

 

(43

)

 

 

10

 

Legal settlement:

 

 

 

 

 

 

 

 

GES

 

 

(8,500

)

 

 

—

 

Loss from continuing operations before income taxes

 

$

(25,529

)

 

$

(15,401

)

(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.