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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The segment information reported in the tables below reflects the operating results that are regularly reviewed by our chief operating decision maker to assess performance and make resource allocation decisions. Our operations are organized into two segments: North America and International. Our measure of segment profitability is contribution profit, defined as gross profit less marketing expense, which is consistent with how management reviews the operating results of the segments. Contribution profit measures the amount of marketing investment needed to generate gross profit. Other operating expenses are excluded from contribution profit as management does not review those expenses by segment.
The following table summarizes revenue by reportable segment and category for the three months ended March 31, 2024 and 2023 (in thousands):    
Three Months Ended March 31,
20242023
North America revenue:
Local$86,460 $81,379 
Goods3,078 5,065 
Travel4,596 2,815 
Total North America revenue (1)
94,134 89,259 
International revenue:
Local24,750 25,265 
Goods2,445 4,246 
Travel1,755 2,841 
Total International revenue (1)
$28,950 $32,352 
(1)North America includes revenue from the United States of $92.9 million and $87.7 million for the three months ended March 31, 2024 and 2023. There were no other individual countries that represented more than 10% of consolidated total revenue for the three months ended March 31, 2024 and 2023. Revenue is attributed to individual countries based on the location of the customer.
The following table summarizes cost of revenue by reportable segment and category for the three months ended March 31, 2024 and 2023 (in thousands):
Three Months Ended March 31,
20242023
North America cost of revenue:
Local$8,634 $11,387 
Goods416 945 
Travel956 985 
Total North America cost of revenue10,006 13,317 
International cost of revenue:
Local1,919 2,623 
Goods406 588 
Travel196 372 
Total International cost of revenue$2,521 $3,583 
The following table summarizes contribution profit by reportable segment for the three months ended March 31, 2024 and 2023 (in thousands):
Three Months Ended March 31,
20242023
North America
Revenue$94,134 $89,259 
Cost of revenue10,006 13,317 
Marketing21,782 15,303 
Contribution profit62,346 60,639 
International
Revenue28,950 32,352 
Cost of revenue2,521 3,583 
Marketing7,027 9,545 
Contribution profit19,402 19,224 
Consolidated
Revenue123,084 121,611 
Cost of revenue12,527 16,900 
Marketing28,809 24,848 
Contribution profit81,748 79,863 
Selling, general and administrative74,282 101,634 
Restructuring and related charges96 8,794 
Income (loss) from operations$7,370 $(30,565)
The following table summarizes total assets by reportable segment as of March 31, 2024 and December 31, 2023 (in thousands):
March 31, 2024December 31, 2023
Total assets:
North America (1)
$462,504 $465,213 
International (1)
118,022 105,743 
Consolidated total assets$580,526 $570,956 
(1)North America contains assets from the United States of $459.2 million and $460.2 million as of March 31, 2024 and December 31, 2023. There were no other individual countries that represented more than 10% of consolidated total assets as of March 31, 2024 and December 31, 2023.