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 investments40624554215757
Cash and cash equivalents40624554215757
Receivables181261091051059478
Inventory, net of allowances, customer advances and progress billings9171730312832
Inventory9171730312832
Prepaid expense      8
Contract with customer, asset82518
Other current assets17312521181717
Other undisclosed current assets      15
Total current assets:91261214210175195208
Noncurrent Assets
Operating lease, right-of-use asset83103
Property, plant and equipment492501334306280189200
Intangible assets, net (including goodwill)171382313333328219237
Goodwill100288261271254185194
Intangible assets, net (excluding goodwill)71945163743343
Contract with customer, asset, net343
Regulated entity, other noncurrent assets322112 
Deferred income tax assets1 
Other undisclosed noncurrent assets10655670858870
Total noncurrent assets:7621,058709710694497507
TOTAL ASSETS:8531,319923920870692715
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities218772776865100
Accounts payable21877277686562
Accrued liabilities      8
Employee-related liabilities      24
Taxes payable      6
Deferred revenue1951
Debt83172291531753528
Deferred compensation liability73323313023 
Restructuring reserve      1
Accrued environmental loss contingencies      0
Disposal group, including discontinued operation      1
Self insurance reserve      6
Customer advances and deposits33433333
Contract with customer, liability33
Other liabilities27403239302928
Other undisclosed current liabilities1622    (26)
Total current liabilities:98549390333346186171
Noncurrent Liabilities
Long-term debt and lease obligation, including:285241577494113
Long-term debt, excluding current maturities  225206248129141
Finance lease, liability2122
Operating lease, liability7083
Other undisclosed long-term debt and lease obligation195(81)(225)(150)(173)(35)(28)
Liabilities, other than long-term debt465052575977119
Accounts payable and accrued liabilities12211 8
Deferred revenue00
Contract with customer, liability2
Deferred compensation liability, classified677109 7
Liability for uncertainty in income taxes00023 2
Liability, pension and other postretirement and postemployment benefits27262728293033
Accrued environmental loss contingencies22223 4
Restructuring reserve32222 1
Other liabilities     4750
Self insurance reserve79111313 14
Other undisclosed noncurrent liabilities116143242420 (36)
Total noncurrent liabilities:44721776138154171196
Total liabilities:545765466470499357367
Temporary equity, carrying amount5667   
Stockholders' equity
Stockholders' equity attributable to parent, including:96467436429357323335
Common stock37373737373737
Treasury stock, value(226)(232)(238)(226)(231)(239)(247)
Additional paid in capital568574575574574577582
Accumulated other comprehensive loss(31)(36)(48)(23)(39)(34)(0)
Retained earnings (accumulated deficit)(253)1231096616(18)(36)
Other undisclosed stockholders' equity attributable to parent  0000(0)
Stockholders' equity attributable to noncontrolling interest78801414131312
Total stockholders' equity:174547451443371335348
Other undisclosed liabilities and equity129      
TOTAL LIABILITIES AND EQUITY:8531,319923920870692715

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
Revenues4151,3721,2961,3071,2051,0891,065
Revenue, net1,3071,2051,0891,065
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)4667105703860
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)2565104653846
Nonoperating income
(Investment Income, Nonoperating)
0000110
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)115696603441
Other undisclosed income from continuing operations before income taxes19159854 
Income (loss) from continuing operations before income taxes:(361)2665104653841
Income tax expense(14)(3)(17)(46)(21)(10)(0)
Income (loss) from continuing operations:(375)244858432741
Income (loss) from discontinued operations(2)(0)1(0)(1)(0)14
Net income (loss):(377)244958432756
Net income (loss) attributable to noncontrolling interest3(1)(0)(0)(1)(0)(3)
Net income (loss) attributable to parent:(374)224958422752
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)214857422651
Convertible preferred dividends3      
Net income (loss) available to common stockholders, diluted:(375)214857422651

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)244958432756
Other comprehensive income (loss)(0)0011(34)(20)
Other undisclosed comprehensive income (loss)512(24)16(6)0(0)
Comprehensive income (loss):(372)36267538(7)35
Comprehensive loss, net of tax, attributable to noncontrolling interest    (1)(0)(3)
Comprehensive income (loss), net of tax, attributable to parent:(372)36267537(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.

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