VIAD CORP
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 1, 2024
PRSU$57.24+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share data) | 2023 | 2022 | 2021 |
| Revenue: | |||
| Services | $1,006,226 | $912,040 | $401,142 |
| Products | 232,454 | 215,271 | 106,198 |
| Total revenue | 1,238,680 | 1,127,311 | 507,340 |
| Costs and expenses: | |||
| Costs of services | 919,966 | 857,760 | 440,383 |
| Costs of products | 210,212 | 200,540 | 113,889 |
| Corporate activities | 14,040 | 13,418 | 11,689 |
| Gain on sale of ON Services | 204 | (19,637) | — |
| Interest expense, net | 47,978 | 34,891 | 28,324 |
| Other expense, net | 2,033 | 2,077 | 2,070 |
| Restructuring charges | 1,174 | 3,059 | 6,066 |
| Impairment charges | — | 583 | — |
| Total costs and expenses | 1,195,607 | 1,092,691 | 602,421 |
| Income (loss) from continuing operations before income taxes | 43,073 | 34,620 | (95,081) |
| Income tax expense (benefit) | 18,799 | 9,973 | (1,788) |
| Income (loss) from continuing operations | 24,274 | 24,647 | (93,293) |
| Income (loss) from discontinued operations | (822) | 148 | 558 |
| Net income (loss) | 23,452 | 24,795 | (92,735) |
| Net income attributable to non-redeemable noncontrolling interest | (7,836) | (2,323) | (1,686) |
| Net loss attributable to redeemable noncontrolling interest | 401 | 748 | 1,766 |
| Net income (loss) attributable to Viad | $16,017 | $23,220 | $(92,655) |
| Diluted income (loss) per common share: | |||
| Continuing operations attributable to Viad common stockholders | $0.34 | $0.52 | $(5.04) |
| Discontinued operations attributable to Viad common stockholders | (0.04) | 0.01 | 0.03 |
| Net income (loss) attributable to Viad common stockholders | $0.30 | $0.53 | $(5.01) |
| Weighted-average outstanding and potentially dilutive common shares | 21,097 | 20,812 | 20,411 |
| Basic income (loss) per common share: | |||
| Continuing operations attributable to Viad common stockholders | $0.34 | $0.53 | $(5.04) |
| Discontinued operations attributable to Viad common stockholders | (0.04) | 0.01 | 0.03 |
| Net income (loss) attributable to Viad common stockholders | $0.30 | $0.54 | $(5.01) |
| Weighted-average outstanding common shares | 20,855 | 20,589 | 20,411 |
| Amounts attributable to Viad | |||
| Income (loss) from continuing operations | $16,839 | $23,072 | $(93,213) |
| Income (loss) from discontinued operations | (822) | 148 | 558 |
| Net income (loss) attributable to Viad | $16,017 | $23,220 | $(92,655) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.