XML 47 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Reporting and Significant Customer Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Summary of Operating Results from Continuing Operations and Assets by Business Segment
The following is a summary of operating results and assets by business segment (in thousands):
Year Ended December 31, 2019
Asia Pacific
 
Europe
 
North
America
 
Consolidated
Revenues from unaffiliated customers
$
6,402

 
$
39,556

 
$
65,454

 
$
111,412

Intersegment revenues
88

 
(2,658
)
 
2,570

 

Total net revenues
$
6,490

 
$
36,898

 
$
68,024

 
$
111,412

Operating income (loss)
$
(7,488
)
 
$
4,461

 
$
12,491

 
$
9,464

  
Year Ended December 31, 2018
Asia Pacific
 
Europe
 
North
America
 
Consolidated
Revenues from unaffiliated customers
$
7,869

 
$
36,468

 
$
66,985

 
$
111,322

Intersegment revenues
(10
)
 
(319
)
 
329

 

Total net revenues
$
7,859

 
$
36,149

 
$
67,314

 
$
111,322

Operating income (loss)
$
(6,322
)
 
$
4,973

 
$
9,587

 
$
8,238



Reconciliation of Assets by Business Segment
As of December 31, 2019
Asia Pacific
 
Europe
 
North
America
 
Elimination
 
Consolidated
Long-lived assets
$
121

 
$
263

 
$
2,598

 
$

 
$
2,982

Total assets
$
3,215

 
$
74,604

 
$
66,803

 
$
(90,084
)
 
$
54,538

 

As of December 31, 2018
Asia Pacific
 
Europe
 
North
America
 
Elimination
 
Consolidated
Long-lived assets
$
145

 
$
313

 
$
3,332

 
$

 
$
3,790

Total assets
$
3,811

 
$
62,942

 
$
62,433

 
$
(85,762
)
 
$
43,424

Breakdown of Revenues by Type and Segment
The following table sets forth the breakdown of revenues by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaway vouchers and hotel platform. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings) (in thousands). 
 
Year Ended December 31,
 
2019
 
2018
Asia Pacific
 
 
 
Travel
$
6,274

 
$
7,351

Local
216

 
508

Total Asia Pacific revenues
6,490

 
7,859

Europe
 
 
 
Travel
32,081

 
30,856

Local
4,817

 
5,293

Total Europe revenues
36,898

 
36,149

North America
 
 
 
Travel
57,863

 
56,145

Local
10,161

 
11,169

Total North America revenues
68,024

 
67,314

Consolidated
 
 
 
Travel
96,218

 
94,352

Local
15,194

 
16,970

Total revenues
$
111,412

 
$
111,322

Schedule of Revenue for Individual Countries that Exceed 10% of Total Revenue
The following table sets forth revenue for individual countries that were 10% or more of total revenue (in thousands):
 
Year Ended December 31,
 
2019
 
2018
Revenue
 
 
 
United States
$
61,375

 
$
61,257

United Kingdom
19,961

 
21,034

Germany
12,176

 
12,257

Rest of the world
17,900

 
16,774

Total revenues
$
111,412

 
$
111,322

Schedule of Long Lives Assets by Geographic Area
The following table sets forth long lived assets by geographic area (in thousands):  
 
December 31,
 
2019
 
2018
United States
$
2,359

 
$
3,035

Rest of the world
623

 
755

Total long lived assets
$
2,982

 
$
3,790