Viad Corp (VVI) financial statements (2021 and earlier)
Company profile
| Business Address |
1850 NORTH CENTRAL AVE PHOENIX, AZ 85004-4565 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 40 | 62 | 45 | 54 | 21 | 57 | 57 | ||
| Cash and cash equivalents | 40 | 62 | 45 | 54 | 21 | 57 | 57 | ||
| Receivables | 18 | 126 | 109 | 105 | 105 | 94 | 78 | ||
| Inventory, net of allowances, customer advances and progress billings | 9 | 17 | 17 | 30 | 31 | 28 | 32 | ||
| Inventory | 9 | 17 | 17 | 30 | 31 | 28 | 32 | ||
| Prepaid expense | 8 | ||||||||
| Contract with customer, asset | 8 | 25 | 18 | ✕ | ✕ | ✕ | ✕ | ||
| Other current assets | 17 | 31 | 25 | 21 | 18 | 17 | 17 | ||
| Other undisclosed current assets | 15 | ||||||||
| Total current assets: | 91 | 261 | 214 | 210 | 175 | 195 | 208 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 83 | 103 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 492 | 501 | 334 | 306 | 280 | 189 | 200 | ||
| Intangible assets, net (including goodwill) | 171 | 382 | 313 | 333 | 328 | 219 | 237 | ||
| Goodwill | 100 | 288 | 261 | 271 | 254 | 185 | 194 | ||
| Intangible assets, net (excluding goodwill) | 71 | 94 | 51 | 63 | 74 | 33 | 43 | ||
| Contract with customer, asset, net | 3 | 4 | 3 | ✕ | ✕ | ✕ | ✕ | ||
| Regulated entity, other noncurrent assets | 3 | 2 | 2 | 1 | 1 | 2 | |||
| Deferred income tax assets | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 10 | 65 | 56 | 70 | 85 | 88 | 70 | ||
| Total noncurrent assets: | 762 | 1,058 | 709 | 710 | 694 | 497 | 507 | ||
| TOTAL ASSETS: | 853 | 1,319 | 923 | 920 | 870 | 692 | 715 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 21 | 87 | 72 | 77 | 68 | 65 | 100 | ||
| Accounts payable | 21 | 87 | 72 | 77 | 68 | 65 | 62 | ||
| Accrued liabilities | 8 | ||||||||
| Employee-related liabilities | 24 | ||||||||
| Taxes payable | 6 | ||||||||
| Deferred revenue | 19 | 51 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 8 | 317 | 229 | 153 | 175 | 35 | 28 | ||
| Deferred compensation liability | 7 | 33 | 23 | 31 | 30 | 23 | |||
| Restructuring reserve | 1 | ||||||||
| Accrued environmental loss contingencies | 0 | ||||||||
| Disposal group, including discontinued operation | 1 | ||||||||
| Self insurance reserve | 6 | ||||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 33 | 43 | 33 | 33 | ||
| Contract with customer, liability | ✕ | ✕ | 33 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 27 | 40 | 32 | 39 | 30 | 29 | 28 | ||
| Other undisclosed current liabilities | 16 | 22 | (26) | ||||||
| Total current liabilities: | 98 | 549 | 390 | 333 | 346 | 186 | 171 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 285 | 24 | 1 | 57 | 74 | 94 | 113 | ||
| Long-term debt, excluding current maturities | 225 | 206 | 248 | 129 | 141 | ||||
| Finance lease, liability | 21 | 22 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 70 | 83 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 195 | (81) | (225) | (150) | (173) | (35) | (28) | ||
| Liabilities, other than long-term debt | 46 | 50 | 52 | 57 | 59 | 77 | 119 | ||
| Accounts payable and accrued liabilities | 1 | 2 | 2 | 1 | 1 | 8 | |||
| Deferred revenue | 0 | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Deferred compensation liability, classified | 6 | 7 | 7 | 10 | 9 | 7 | |||
| Liability for uncertainty in income taxes | 0 | 0 | 0 | 2 | 3 | 2 | |||
| Liability, pension and other postretirement and postemployment benefits | 27 | 26 | 27 | 28 | 29 | 30 | 33 | ||
| Accrued environmental loss contingencies | 2 | 2 | 2 | 2 | 3 | 4 | |||
| Restructuring reserve | 3 | 2 | 2 | 2 | 2 | 1 | |||
| Other liabilities | 47 | 50 | |||||||
| Self insurance reserve | 7 | 9 | 11 | 13 | 13 | 14 | |||
| Other undisclosed noncurrent liabilities | 116 | 143 | 24 | 24 | 20 | (36) | |||
| Total noncurrent liabilities: | 447 | 217 | 76 | 138 | 154 | 171 | 196 | ||
| Total liabilities: | 545 | 765 | 466 | 470 | 499 | 357 | 367 | ||
| Temporary equity, carrying amount | 5 | 6 | 6 | 7 | |||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 96 | 467 | 436 | 429 | 357 | 323 | 335 | ||
| Common stock | 37 | 37 | 37 | 37 | 37 | 37 | 37 | ||
| Treasury stock, value | (226) | (232) | (238) | (226) | (231) | (239) | (247) | ||
| Additional paid in capital | 568 | 574 | 575 | 574 | 574 | 577 | 582 | ||
| Accumulated other comprehensive loss | (31) | (36) | (48) | (23) | (39) | (34) | (0) | ||
| Retained earnings (accumulated deficit) | (253) | 123 | 109 | 66 | 16 | (18) | (36) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | (0) | ||||
| Stockholders' equity attributable to noncontrolling interest | 78 | 80 | 14 | 14 | 13 | 13 | 12 | ||
| Total stockholders' equity: | 174 | 547 | 451 | 443 | 371 | 335 | 348 | ||
| Other undisclosed liabilities and equity | 129 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 853 | 1,319 | 923 | 920 | 870 | 692 | 715 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 415 | 1,372 | 1,296 | 1,307 | 1,205 | 1,089 | 1,065 | |
| Revenue, net | ✕ | ✕ | ✕ | 1,307 | 1,205 | 1,089 | 1,065 | |
| Cost of revenue | (758) | (1,326) | (1,230) | (1,202) | (1,135) | (1,051) | (1,005) | |
| Cost of goods and services sold | (1,051) | (955) | (868) | (1,005) | ||||
| Gross profit: | (343) | 46 | 67 | 105 | 70 | 38 | 60 | |
| Operating expenses | (18) | (20) | (2) | (1) | (5) | (0) | (35) | |
| Other operating expense, net (Other Expenses) | (1) | (2) | ||||||
| Other undisclosed operating income | 21 | |||||||
| Operating income (loss): | (362) | 25 | 65 | 104 | 65 | 38 | 46 | |
| Nonoperating income (Investment Income, Nonoperating) | 0 | 0 | 0 | 0 | 1 | 1 | 0 | |
| Interest and debt expense | (18) | (14) | (10) | (8) | (6) | (5) | (2) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (3) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (380) | 11 | 56 | 96 | 60 | 34 | 41 | |
| Other undisclosed income from continuing operations before income taxes | 19 | 15 | 9 | 8 | 5 | 4 | ||
| Income (loss) from continuing operations before income taxes: | (361) | 26 | 65 | 104 | 65 | 38 | 41 | |
| Income tax expense | (14) | (3) | (17) | (46) | (21) | (10) | (0) | |
| Income (loss) from continuing operations: | (375) | 24 | 48 | 58 | 43 | 27 | 41 | |
| Income (loss) from discontinued operations | (2) | (0) | 1 | (0) | (1) | (0) | 14 | |
| Net income (loss): | (377) | 24 | 49 | 58 | 43 | 27 | 56 | |
| Net income (loss) attributable to noncontrolling interest | 3 | (1) | (0) | (0) | (1) | (0) | (3) | |
| Net income (loss) attributable to parent: | (374) | 22 | 49 | 58 | 42 | 27 | 52 | |
| Other undisclosed net loss available to common stockholders, basic | (4) | (1) | (1) | (1) | (1) | (0) | (1) | |
| Net income (loss) available to common stockholders, basic: | (378) | 21 | 48 | 57 | 42 | 26 | 51 | |
| Convertible preferred dividends | 3 | |||||||
| Net income (loss) available to common stockholders, diluted: | (375) | 21 | 48 | 57 | 42 | 26 | 51 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (377) | 24 | 49 | 58 | 43 | 27 | 56 | |
| Other comprehensive income (loss) | (0) | 0 | 0 | 1 | 1 | (34) | (20) | |
| Other undisclosed comprehensive income (loss) | 5 | 12 | (24) | 16 | (6) | 0 | (0) | |
| Comprehensive income (loss): | (372) | 36 | 26 | 75 | 38 | (7) | 35 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (0) | (3) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (372) | 36 | 26 | 75 | 37 | (7) | 32 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.