XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

SEGMENT INFORMATION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Revenue by Reportable Segment | The following table summarizes revenue by reportable segment and category for the three and six months ended June 30, 2025 and 2024 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
North America |  |  |  |  |  |  |
Local | $ | 94,486 |  |  | $ | 91,707 |  |  | $ | 180,428 |  |  | $ | 178,167 |
Goods | 1,168 |  |  | 2,792 |  |  | 2,680 |  |  | 5,870 |
Travel | 4,342 |  |  | 3,858 |  |  | 8,001 |  |  | 8,454 |
Total North America revenue | $ | 99,996 |  |  | $ | 98,357 |  |  | $ | 191,109 |  |  | $ | 192,491 |
International |  |  |  |  |  |  |
Local | $ | 22,195 |  |  | $ | 22,401 |  |  | $ | 44,614 |  |  | $ | 47,151 |
Goods | 2,262 |  |  | 2,269 |  |  | 4,525 |  |  | 4,714 |
Travel | 1,249 |  |  | 1,588 |  |  | 2,641 |  |  | 3,343 |
Total International revenue | $ | 25,706 |  |  | $ | 26,258 |  |  | $ | 51,780 |  |  | $ | 55,208 |
Total revenue | $ | 125,702 |  |  | $ | 124,615 |  |  | $ | 242,889 |  |  | $ | 247,699 |
Schedule of Contribution Profit by Reportable Segment | The following table summarizes contribution profit by reportable segment and reconciles total contribution profit for the reportable segments to consolidated income (loss) from continuing operations before provision (benefit) for income taxes for the three and six months ended June 30, 2025 and 2024 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
North America |  |  |  |  |  |  |
Revenue | $ | 99,996 |  |  | $ | 98,357 |  |  | $ | 191,109 |  |  | $ | 192,491 |
Cost of revenue |  |  |  |  |  |  |
Payment processor fees | 6,903 |  |  | 5,854 |  |  | 13,258 |  |  | 11,515 |
Other segment items (cost of revenue) (1) | 1,661 |  |  | 3,624 |  |  | 3,547 |  |  | 7,969 |
Total cost of revenue | 8,564 |  |  | 9,478 |  |  | 16,805 |  |  | 19,484 |
Marketing |  |  |  |  |  |  |
Online marketing | 31,933 |  |  | 28,645 |  |  | 57,860 |  |  | 50,321 |
Other segment items (marketing) (2) | 1,227 |  |  | 832 |  |  | 1,775 |  |  | 938 |
Total marketing | 33,160 |  |  | 29,477 |  |  | 59,635 |  |  | 51,259 |
Segment contribution profit | $ | 58,272 |  |  | $ | 59,402 |  |  | $ | 114,669 |  |  | $ | 121,748 |
International |  |  |  |  |  |  |
Revenue | $ | 25,706 |  |  | $ | 26,258 |  |  | $ | 51,780 |  |  | $ | 55,208 |
Cost of revenue |  |  |  |  |  |  |
Payment processor fees | 1,408 |  |  | 1,319 |  |  | 2,814 |  |  | 2,783 |
Other segment items (cost of revenue) (1) | 1,304 |  |  | 1,151 |  |  | 2,546 |  |  | 2,208 |
Total cost of revenue | 2,712 |  |  | 2,470 |  |  | 5,360 |  |  | 4,991 |
Marketing |  |  |  |  |  |  |
Online marketing | 7,434 |  |  | 6,157 |  |  | 14,535 |  |  | 11,930 |
Other segment items (marketing) (2) | 805 |  |  | 886 |  |  | 1,666 |  |  | 2,140 |
Total marketing | 8,239 |  |  | 7,043 |  |  | 16,201 |  |  | 14,070 |
Segment contribution profit | $ | 14,755 |  |  | $ | 16,745 |  |  | $ | 30,219 |  |  | $ | 36,147 |
Total |  |  |  |  |  |  |
Total contribution profit for the reportable segments | $ | 73,027 |  |  | $ | 76,147 |  |  | $ | 144,888 |  |  | $ | 157,895 |
Selling, general and administrative | 70,669 |  |  | 77,212 |  |  | 140,509 |  |  | 151,610 |
(Gain) on sale of assets | — |  |  | (5,044) |  |  | — |  |  | (5,160) |
(Gain) on sale of business | (10,650) |  |  | — |  |  | (10,650) |  |  | — |
Restructuring and related charges | (46) |  |  | (379) |  |  | 91 |  |  | (283) |
Income (loss) from operations | 13,054 |  |  | 4,358 |  |  | 14,938 |  |  | 11,728 |
Other income (expense), net | 18,466 |  |  | (4,483) |  |  | 26,037 |  |  | (17,165) |
Income (loss) continuing operations before provision (benefit) for income taxes | $ | 31,520 |  |  | $ | (125) |  |  | $ | 40,975 |  |  | $ | (5,437) |
(1) Includes editorial costs, compensation expense for technology support personnel who are responsible for maintaining the infrastructure of our websites, amortization of internally-developed software relating to customer-facing applications, and web hosting. (2) Includes offline marketing costs, such as television, compensation expense for marketing employees, and customer acquisition and activation expense.

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration