Revenue and Related Contract Costs and Contract Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Revenue From Contract With Customer [Abstract]

Summary of Changes in Contract Liabilities

Changes to contract liabilities are as follows:

(in thousands)
Balance at December 31, 2018	$	35,600
Cash additions		45,450
Revenue recognized		(14,945	)
Foreign exchange translation adjustment		236
Balance at March 31, 2019	$	66,341

Summary of Changes in Contract Costs

Changes to contract costs are as follows:

(in thousands)
Balance at December 31, 2018	$	21,478
Additions		18,484
Expenses		(13,295	)
Cancelled		(3	)
Foreign exchange translation adjustment		92
Balance at March 31, 2019	$	26,756

Disaggregate GES and Pursuit Revenue by Major Product Line Timing of Revenue Recognition and Markets Served

The following tables disaggregate GES and Pursuit revenue by major product line, timing of revenue recognition, and markets served:

GES

	Three Months Ended March 31, 2019
(in thousands)	GES North America(1)		GES EMEA(1)		Intersegment Eliminations			Total
Services:
Core services	$	179,873	$	31,063	$	—		$	210,936
Audio-visual		18,406		3,888		—			22,294
Event technology		8,763		2,953		—			11,716
Intersegment eliminations		—		—		(2,690	)		(2,690	)
Total services		207,042		37,904		(2,690	)		242,256
Products:
Core products		16,199		16,472		—			32,671
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927
Timing of revenue recognition:
Services transferred over time	$	207,042	$	37,904	$	(2,690	)	$	242,256
Products transferred over time(2)		11,269		3,479		—			14,748
Products transferred at a point in time		4,930		12,993		—			17,923
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927
Markets:
Exhibitions	$	136,429	$	45,655	$	—		$	182,084
Conferences		47,862		2,982		—			50,844
Corporate events		32,787		5,545		—			38,332
Consumer events		6,163		194		—			6,357
Intersegment eliminations		—		—		(2,690	)		(2,690	)
Total revenue	$	223,241	$	54,376	$	(2,690	)	$	274,927

⁽¹⁾ 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.

⁽²⁾ GES’ graphics product revenue is recognized over time as it is considered a part of the single performance obligation satisfied over time.

	Three Months Ended March 31, 2018
(in thousands)	GES North America(1)		GES EMEA(1)		Intersegment Eliminations			Total
Services:
Core services	$	180,525	$	28,985	$	—		$	209,510
Audio-visual		17,084		3,168		—			20,252
Event technology		8,035		3,274		—			11,309
Intersegment eliminations		—		—		(3,278	)		(3,278	)
Total services		205,644		35,427		(3,278	)		237,793
Products:
Core products		16,420		13,493		—			29,913
Total revenue	$	222,064	$	48,920	$	(3,278	)	$	267,706
Timing of revenue recognition:
Services transferred over time	$	205,644	$	35,427	$	(3,278	)	$	237,793
Products transferred over time(2)		11,369		3,329		—			14,698
Products transferred at a point in time		5,051		10,164		—			15,215
Total revenue	$	222,064	$	48,920	$	(3,278	)	$	267,706
Markets:
Exhibitions	$	145,818	$	39,935	$	—		$	185,753
Conferences		39,089		5,388		—			44,477
Corporate events		30,903		3,402		—			34,305
Consumer events		6,254		195		—			6,449
Intersegment eliminations		—		—		(3,278	)		(3,278	)
Total revenue	$	222,064	$	48,920	$	(3,278	)	$	267,706

⁽¹⁾ 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.

⁽²⁾ GES’ graphics product revenue is recognized over time as it is considered a part of the single performance obligation satisfied over time.

Pursuit

	Three Months Ended
	March 31,
(in thousands)	2019			2018
Services:
Admissions	$	3,525		$	3,579
Accommodations		2,418			1,705
Transportation		1,995			2,369
Travel planning		632			308
Intersegment eliminations		(185	)		(206	)
Total services revenue		8,385			7,755
Products:
Food and beverage		1,364			1,219
Retail operations		918			748
Total products revenue		2,282			1,967
Total revenue	$	10,667		$	9,722
Timing of revenue recognition:
Services transferred over time	$	8,385		$	7,755
Products transferred at a point in time		2,282			1,967
Total revenue	$	10,667		$	9,722
Markets:
Banff Jasper Collection	$	7,870		$	7,089
Alaska Collection		180			213
Glacier Park Collection		823			626
FlyOver		1,794			1,794
Total revenue	$	10,667		$	9,722