Segment Reporting and Significant Customer Information (Tables)

6 Months Ended

Jun. 30, 2015

Summary of operating results from continuing operations and assets by business segment

The following is a summary of operating results and assets (in thousands) by business segment:



Three Months Ended June 30, 2015	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	23,727	$	10,337	$	—		$	34,064
Intersegment revenues	259		177		(436		)	—
Total net revenues	23,986		10,514		(436		)	34,064
Operating income	$	2,538	$	35	$	—		$	2,573



Three Months Ended June 30, 2014	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	25,174	$	11,709	$	—		$	36,883
Intersegment revenues	302		129		(431		)	—
Total net revenues	25,476		11,838		(431		)	36,883
Operating income	$	3,771	$	2,863	$	3,500		$	10,134




Six Months Ended June 30, 2015	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	48,440	$	22,116	$	—		$	70,556
Intersegment revenues	472		215		(687		)	—
Total net revenues	48,912		22,331		(687		)	70,556
Operating income	$	4,617	$	1,758	—			$	6,375




Six Months Ended June 30, 2014	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	51,528	$	25,550	$	—		$	77,078
Intersegment revenues	716		141		(857		)	—
Total net revenues	52,244		25,691		(857		)	77,078
Operating income	$	8,375	$	5,256	$	3,500		$	17,131

Reconciliation of total assets from reportable segments to consolidated assets



As of June 30, 2015	North America		Europe		Elimination			Consolidated
Long-lived assets	$	7,281	$	1,187	$	—		$	8,468
Total assets	$	75,381	$	40,007	$	(24,403	)	$	90,985



As of December 31, 2014	North America		Europe		Elimination			Consolidated
Long-lived assets	$	7,678	$	1,507	$	—		$	9,185
Total assets	$	73,508	$	40,818	$	(23,838	)	$	90,488

Breakdown of revenues and long-lived assets

The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaways vouchers and hotel booking. Search revenue includes SuperSearch and Fly.com. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings).



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
North America
Travel	$	14,658	$	15,229	$	30,666	$	32,459
Search	3,840		3,875		8,387		7,729
Local	5,229		6,070		9,387		11,340
Total North America revenues	$	23,727	$	25,174	$	48,440	$	51,528
Europe
Travel	$	8,433	$	9,270	$	18,170	$	20,462
Search	502		551		1,061		1,530
Local	1,402		1,888		2,885		3,558
Total Europe revenues	$	10,337	$	11,709	$	22,116	$	25,550
Consolidated
Travel	$	23,091	$	24,499	$	48,836	$	52,921
Search	4,342		4,426		9,448		9,259
Local	6,631		7,958		12,272		14,898
Total revenues	$	34,064	$	36,883	$	70,556	$	77,078

Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands):



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
Revenue
United States	$	22,496	$	23,690	$	45,927	$	48,430
United Kingdom	6,856		7,528		14,727		16,740
Rest of the world	4,712		5,665		9,902		11,908
Total revenues	$	34,064	$	36,883	$	70,556	$	77,078

The following table sets forth long lived asset by geographic area (in thousands):



	As of June 30, 2015		As of December 31, 2014
United States	$	6,728	$	7,646
Rest of the world	1,740		1,539
Total long lived assets	$	8,468	$	9,185