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Segment Reporting and Significant Customer Information
9 Months Ended
Sep. 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 nine months ended September 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: Travelzoo North America, Travelzoo Europe and Jack’s Flight Club. Travelzoo North America consists of the Company’s operations in Canada and the U.S. Travelzoo 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 September 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$9,002 $3,798 $987 $— $13,787 
Intersegment revenues (expenses)141 (141)— — — 
Total net revenues9,143 3,657 987 — 13,787 
Operating profit (loss)$(696)$(757)$250 $— $(1,203)
Three Months Ended September 30, 2019Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$14,444 $9,432 $— $(43)$23,833 
Intersegment revenues (expenses)895 (938)— 43 — 
Total net revenues15,339 8,494 — — 23,833 
Operating profit (loss)$2,620 $815 $— $(43)$3,392 

Nine Months Ended September 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$25,805 $12,706 $2,615 $(8)$41,118 
Intersegment revenues (expenses)237 (245)— — 
Total net revenues26,042 12,461 2,615 — 41,118 
Operating profit (loss)$(6,374)$(3,781)$(3,013)$(8)$(13,176)
Nine Months Ended September 30, 2019Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$50,074 $29,619 $— $(94)$79,599 
Intersegment revenues (expenses)1,776 (1,870)— 94 — 
Total net revenues51,850 27,749 — — 79,599 
Operating profit (loss)$10,673 $3,536 $— $(94)$14,115 
 
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 September 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight ClubEliminationConsolidated
Long-lived assets$1,243 $256 $— $— $1,499 
Total assets excluding discontinued operations$122,067 $84,361 $5,797 $(121,247)$90,978 
 
As of December 31, 2019Travelzoo North
America
Travelzoo EuropeEliminationConsolidated
Long-lived assets$2,598 $263 $— $2,861 
Total assets excluding discontinued operations$66,057 $74,604 $(90,084)$50,577 
For the nine months ended September 30, 2020 and 2019, the Company did not have any customers that accounted for 10% or more of revenue. As of September 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 EndedNine Months Ended
 September 30,September 30,
 2020201920202019
Travelzoo North America
Travel$8,706 $12,899 $23,772 $44,470 
Local437 2,440 2,270 7,380 
Total Travelzoo North America revenues9,143 15,339 26,042 51,850 
Travelzoo Europe
Travel3,449 7,727 11,442 24,804 
Local208 767 1,019 2,945 
Total Travelzoo Europe revenues3,657 8,494 12,461 27,749 
Jack’s Flight Club
987 — 2,615 — 
Consolidated
Travelzoo Travel12,155 20,626 35,214 69,274 
Travelzoo Local645 3,207 3,289 10,325 
Jack’s Flight Club
987 — 2,615 — 
Total revenues$13,787 $23,833 $41,118 $79,599 
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 EndedNine Months Ended
September 30,September 30,
 2020201920202019
Revenue
United States $8,345 $13,817 $23,753 $47,041 
United Kingdom3,095 4,335 10,189 14,930 
Germany1,386 2,830 4,148 9,262 
Rest of the world961 2,851 3,028 8,366 
Total revenues$13,787 $23,833 $41,118 $79,599 

The following table sets forth property and equipment by geographic area (in thousands):  
 September 30,December 31,
 20202019
United States $1,025 $2,359 
Rest of the world 474 502 
Total long-lived assets$1,499 $2,861