Investor Presentaiton
NON-GAAP FINANCIAL MEASURES, CONTINUED
ADJUSTED SEGMENT EBITDA and SEGMENT OPERATING INCOME
Millions
Net Income Attributable to Viad
Net Income Attributable to Noncontrolling Interest
Loss (Income) from Discontinued Operations
Income Tax Expense
Net Interest Expense
2013
2014
GES
2015
2016
2017
2013
2014
PURSUIT
2015
VIAD TOTAL
2016
2017
2013
2014
2015
2016
2017
$ 21.6
$ 52.4
$ 26.6
$ 42.3 $ 57.7
0.1
3.2
0.4
0.5
0.5
(2.4)
(14.4)
0.4
0.7
0.3
8.3
0.1
10.5
21.3
45.9
3.0
0.9
0.1
4.7
8.0
Impairment Charges (Recoveries)
3.8
1.6
3.0
0.2
(29.1)
Restructuring Charges
Corporate Activities & Eliminations
0.7
1.7
3.9
5.2
1.0
6.8
14.3
9.7
11.1
12.8
Segment Operating Income
Segment Depreciation
$ 20.1
19.6
$ 31.7
20.0
$ 26.8
20.2
$ 50.2 $ 50.0
21.3
26.4
$ 21.8
6.9
$ 28.1
7.9
$ 27.8 $ 35.7
7.7
$
12.1
47.1
16.1
$ 41.9 $ 59.9 $ 54.6 $ 85.9
$ 97.1
26.5
27.9
27.9
33.4
42.5
Segment Amortization
0.8
2.4
6.9
8.3
10.8
0.4
0.4
0.3
0.9
1.6
1.3.
2.7
7.2
9.2
12.4
FlyOver Iceland Start-up Costs
0.1
0.1
Fire-related Business Interruption Matters
0.1
0.1
Acquisition Integration & Transaction Costs
0.8
0.9
0.6
0.2
1.1
0.4
Adjusted Segment EBITDA
$
40.6
$ 54.9 $ 54.8
$ 80.4
$ 87.4
$ 29.1
$ 36.4
$ 35.8
$ 49.8 $ 65.2
$ 69.7
0.8
$ 91.3
0.9
$ 90.6
1.6
0.5
$ 130.2
$ 152.6
Revenue
$ 844.9
Adjusted Segment EBITDA Margin
4.8%
$ 944.5
5.8%
$ 976.9
5.6%
$ 1,054.7
7.6%
$ 1,133.1
7.7%
$ 108.4
26.9%
$ 120.5
$ 112.2
30.2%
31.9%
$ 153.4 $ 173.9
32.5%
$ 953.3
37.5%
7.3%
$ 1,065.0
8.6%
$ 1,089.0
8.3%
$ 1,205.0
10.8%
$ 1,307.0
11.7%
Note: Amounts presented above do not reflect the retrospective adoption of ASU 2017-07, which Viad adopted on January 1, 2018. Certain amounts above may not total due to rounding.
VIAD
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