Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2020

The following table sets forth the calculation of basic and diluted net income per share (in thousands, except per share amounts):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Numerator:
Net income (loss) attributable to Travelzoo—continuing operations	$	(1,121)	$	2,564	$	(10,206)	$	10,567
Net income (loss) attributable to Travelzoo—discontinued operations	$	(230)	$	(2,258)	$	(3,944)	$	(5,813)
Denominator:
Weighted average common shares—basic	11,310		11,767		11,353		11,894
Effect of dilutive securities: stock options	—		189		—		258
Weighted average common shares—diluted	11,310		11,956		11,353		12,152

Income (loss) per share—basic
Continuing operations	$	(0.10)	$	0.22	$	(0.90)	$	0.89
Discontinued operations	(0.02)		(0.19)		(0.35)		(0.49)
Net income (loss) per share —basic	$	(0.12)	$	0.03	$	(1.25)	$	0.40

Income (loss) per share—diluted
Continuing operations	$	(0.10)	$	0.21	$	(0.90)	$	0.87
Discontinued operations	(0.02)		(0.19)		(0.35)		(0.49)
Net income (loss) per share—diluted	$	(0.12)	$	0.03	$	(1.25)	$	0.39