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Segment Reporting and Significant Customer Information
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segments Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the Company's chief operating decision maker managing the performance of the business. Historically, the Company managed its business geographically and operated in three reportable segments including Asia Pacific, Europe and North America. During the six months ended June 30, 2020, the Company classified the results of its Asia Pacific segment as discontinued operations in its condensed consolidated financial statements for current and prior periods presented. On January 13, 2020, Travelzoo agreed to the SPA with the Sellers of Jack’s Flight Club to purchase 60% of the Shares. Upon acquisition, the Company's chief operating decision maker reviewed and evaluated Jack's Flight Club as a separate segment. The Company currently has three reportable operating segments: North America, Europe and Jack’s Flight Club. North America consists of the Company’s operations in Canada and the U.S. Europe consists of the Company’s operations in France, Germany, Spain, and the U.K. Jack’s Flight Club consists of subscription revenue from premium members to access and receive flight deals from Jack’s Flight Club via email or via Android or Apple mobile applications.
Management relies on an internal management reporting process that provides revenue and segment operating profit (loss) for making financial decisions and allocating resources. Management believes that segment revenues and operating profit (loss) are appropriate measures of evaluating the operational performance of the Company’s segments.
The following is a summary of operating results by business segment (in thousands):
Three Months Ended June 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$4,254  $1,805  $945  $—  $7,004  
Intersegment revenues (expenses)(52) 52  —  —  —  
Total net revenues4,202  1,857  945  —  7,004  
Operating profit (loss)$(4,702) $(1,683) $(248) $—  $(6,633) 
Three Months Ended June 30, 2019Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$17,494  $9,133  $—  $(21) $26,606  
Intersegment revenues (expenses)430  (451) —  21  —  
Total net revenues17,924  8,682  —  —  26,606  
Operating profit (loss)$3,590  $584  $—  $(21) $4,153  
Six Months Ended June 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$16,803  $8,908  $1,628  $(8) $27,331  
Intersegment revenues (expenses)96  (104) —   —  
Total net revenues16,899  8,804  1,628  —  27,331  
Operating profit (loss)$(5,678) $(3,024) $(3,263) $(8) $(11,973) 
Six Months Ended June 30, 2019Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$35,630  $20,187  $—  $(51) $55,766  
Intersegment revenues (expenses)881  (932) —  51  —  
Total net revenues36,511  19,255  —  —  55,766  
Operating profit (loss)$8,053  $2,721  $—  $(51) $10,723  
 
Property and equipment are attributed to the geographic region in which the assets are located. Revenues from unaffiliated customers excludes intersegment revenues and represents revenue with parties unaffiliated with the Company and its wholly owned subsidiaries.
The following is a summary of assets by business segment (in thousands):
As of June 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight ClubEliminationConsolidated
Long-lived assets$1,415  $274  $—  $—  $1,689  
Total assets exclude discontinued operations$89,888  $70,529  $5,918  $(99,234) $67,101  
 
As of December 31, 2019Travelzoo North
America
Travelzoo EuropeEliminationConsolidated
Long-lived assets$2,598  $263  $—  $2,861  
Total assets exclude discontinued operations$66,057  $74,604  $(90,084) $50,577  
For the six months ended June 30, 2020 and 2019, the Company did not have any customers that accounted for 10% or more of revenue. As of June 30, 2020 and December 31, 2019, the Company did not have any customers that accounted for 10% or more of accounts receivable.
The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Travelzoo website, Newsflash, Travelzoo Network), Getaways vouchers, hotel platform and vacation packages. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). 
Three Months EndedSix Months Ended
 June 30,June 30,
 2020201920202019
Travelzoo North America
Travel$3,910  $15,254  $15,066  $31,571  
Local292  2,670  1,833  4,940  
Total Travelzoo North America revenues4,202  17,924  16,899  36,511  
Travelzoo Europe
Travel1,756  7,565  7,993  17,077  
Local101  1,117  811  2,178  
Total Travelzoo Europe revenues1,857  8,682  8,804  19,255  
Jack’s Flight Club
945  —  1,628  —  
Consolidated
Travelzoo Travel5,666  22,819  23,059  48,648  
Travelzoo Local393  3,787  2,644  7,118  
Jack’s Flight Club
945  —  1,628  —  
Total revenues$7,004  $26,606  $27,331  $55,766  
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 countries that exceed 10% of total revenue (in thousands):
Three Months EndedSix Months Ended
June 30,June 30,
 2020201920202019
Revenue
United States $3,893  $16,329  $15,408  $33,224  
United Kingdom1,981  4,736  7,094  10,595  
Germany747  2,791  2,762  6,432  
Rest of the world383  2,750  2,067  5,515  
Total revenues$7,004  $26,606  $27,331  $55,766  

The following table sets forth property and equipment by geographic area (in thousands):  
 June 30,December 31,
 20202019
United States $1,218  $2,359  
Rest of the world 471  502  
Total long-lived assets$1,689  $2,861