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Viad Corp
8/5/2021
Good day all and a warm welcome to the Viard Corp second quarter 2021 earnings call. You have the opportunity to ask the management team a question at the end of the presentation. If you wish to ask a question, please press star followed by one on your telephone keypad. If you wish to withdraw your question, please press star followed by two. I'll now have the pleasure of handing over the call to Carrie Long to begin. Carrie, please go ahead.
Good afternoon, and thank you for joining us for the 2021 Second Quarter Earnings Conference Call. During the call, you'll hear from Steve Mofter, our President and CEO and President of GES, David Barry, our President of Pursuit, and Ellen Ingersoll, our Chief Financial Officer. Certain statements made during the call, which are not historical facts, may constitute forward-looking statements. Information concerning business and other risk factors that could cause actual results to materially differ from those in the forward-looking statements can be found in our annual, quarterly, and other current reports filed with the SEC. During the call, we'll be referring to certain non-GAAP measures, including loss or income before other items, and adjusted segment EBITDAs. Important disclosures regarding these measures, including reconciliations to net loss or income attributable to VIAD, can be found in Table 2 of our earnings press release, which is available on our website at viad.com. With that, I'd like to turn the call over to Steve.
Thank you, Carrie, and good afternoon, everyone. Thank you for joining us on today's call. On this afternoon's call, we'll discuss our business performance during the 2021 second quarter, provide some insights into the recovery of our industries, and review our financial position. David will provide business updates for Pursuit shortly, and after that, I'll share some updates for GES. Ellen will cover our financial results and our recent debt refinancing towards the end of the call. Before I turn the call over to David, I'd like to thank our entire team for helping our businesses navigate the challenges of the pandemic and prepare for an acceleration of activity at both Pursuit and GBS as we head into the second half of the year. Throughout this period of disruption, we've been acutely focused on maintaining sufficient liquidity and taking actions to ensure we emerge stronger than before. I'm happy to report that we ended the second quarter in a solid liquidity position. And recently, we enhanced our financial flexibility through the successful refinancing of our revolving credit facility into a new debt structure that will serve us well into the future. Our industries have an encouraging outlook, and we're well positioned for recovery with pent-up demand for iconic and unforgettable leisure experiences and in-person live events. And now, I'd like to turn the call over to David to discuss what's happening across Pursuit. David?
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