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Unaudited Quarterly Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following represents unaudited quarterly financial data for 2020 and 2019 (in thousands, except per share amounts):
| Quarters Ended
| Dec. 31, 2020 |  | Sep. 30, 2020 |  | Jun. 30, 2020 |  | Mar. 31, 2020
Revenues | $ | 12,483 |  |  | $ | 13,787 |  |  | $ | 7,004 |  |  | $ | 20,327 |
Cost of revenues | 2,795 |  |  | 2,924 |  |  | 2,141 |  |  | 2,703 |
Gross profit | 9,688 |  |  | 10,863 |  |  | 4,863 |  |  | 17,624 |
Operating expenses: |  |  |  |  |  |  |
Sales and marketing | 6,305 |  |  | 6,929 |  |  | 4,288 |  |  | 13,094 |
Product development | 495 |  |  | 592 |  |  | 566 |  |  | 1,428 |
General and administrative | 3,785 |  |  | 4,545 |  |  | 6,642 |  |  | 5,522 |
Impairment of intangible asset and goodwill | — |  |  | — |  |  | — |  |  | 2,920 |
Total operating expenses | 10,585 |  |  | 12,066 |  |  | 11,496 |  |  | 22,964 |
Operating loss | (897) |  |  | (1,203) |  |  | (6,633) |  |  | (5,340) |
Other income (loss), net | 677 |  |  | (37) |  |  | (179) |  |  | (6) |
Loss from continuing operations before income taxes | (220) |  |  | (1,240) |  |  | (6,812) |  |  | (5,346) |
Income tax benefit | (368) |  |  | (244) |  |  | (1,309) |  |  | (517) |
Income (loss) from continuing operations | 148 |  |  | (996) |  |  | (5,503) |  |  | (4,829) |
Income (loss) from discontinued operations, net of tax | 554 |  |  | (230) |  |  | (795) |  |  | (2,919) |
Net income (loss) | 702 |  |  | (1,226) |  |  | (6,298) |  |  | (7,748) |
Net income (loss) attributable to non-controlling interest | (25) |  |  | 125 |  |  | (108) |  |  | (1,139) |
Net income (loss) attributable to Travelzoo | $ | 727 |  |  | $ | (1,351) |  |  | $ | (6,190) |  |  | $ | (6,609) |
Net income (loss) attributable to Travelzoo—continuing operations | $ | 173 |  |  | $ | (1,121) |  |  | $ | (5,395) |  |  | $ | (3,690) |
Net income (loss) attributable to Travelzoo—discontinued operations | $ | 554 |  |  | $ | (230) |  |  | $ | (795) |  |  | $ | (2,919) |
Income (loss) per share—basic |  |  |  |  |  |  |
Continuing operations | $ | 0.02 |  |  | $ | (0.10) |  |  | $ | (0.48) |  |  | $ | (0.32) |
Discontinued operations | $ | 0.05 |  |  | $ | (0.02) |  |  | $ | (0.07) |  |  | $ | (0.26) |
Net income (loss) per share—basic | $ | 0.06 |  |  | $ | (0.12) |  |  | $ | (0.55) |  |  | $ | (0.58) |
Income (loss) per share—diluted |  |  |  |  |  |  |
Continuing operations | $ | 0.01 |  |  | $ | (0.10) |  |  | $ | (0.48) |  |  | $ | (0.32) |
Discontinued operations | $ | 0.04 |  |  | $ | (0.02) |  |  | $ | (0.07) |  |  | $ | (0.26) |
Net income (loss) per share —diluted | $ | 0.06 |  |  | $ | (0.12) |  |  | $ | (0.55) |  |  | $ | (0.58) |
| Quarters Ended
| Dec. 31, 2019 |  | Sep. 30, 2019 |  | Jun. 30, 2019 |  | Mar. 31, 2019
Revenues | $ | 25,326 |  |  | $ | 23,833 |  |  | $ | 26,606 |  |  | $ | 29,160 |
Cost of revenues | 3,046 |  |  | 2,852 |  |  | 2,672 |  |  | 2,865 |
Gross profit | 22,280 |  |  | 20,981 |  |  | 23,934 |  |  | 26,295 |
Operating expenses: |  |  |  |  |  |  |
Sales and marketing | 12,737 |  |  | 11,967 |  |  | 13,104 |  |  | 13,534 |
Product development | 1,853 |  |  | 1,434 |  |  | 1,763 |  |  | 1,659 |
General and administrative | 4,764 |  |  | 4,188 |  |  | 4,914 |  |  | 4,532 |
Total operating expenses | 19,354 |  |  | 17,589 |  |  | 19,781 |  |  | 19,725 |
Operating income | 2,926 |  |  | 3,392 |  |  | 4,153 |  |  | 6,570 |
Other income (loss), net | (90) |  |  | 32 |  |  | (29) |  |  | 45 |
Income from continuing operations before income taxes | 2,836 |  |  | 3,424 |  |  | 4,124 |  |  | 6,615 |
Income tax expense | 1,116 |  |  | 860 |  |  | 1,066 |  |  | 1,670 |
Income from continuing operations | 1,720 |  |  | 2,564 |  |  | 3,058 |  |  | 4,945 |
Loss from discontinued operations, net of tax | (2,319) |  |  | (2,258) |  |  | (1,730) |  |  | (1,825) |
Net income (loss) | $ | (599) |  |  | $ | 306 |  |  | $ | 1,328 |  |  | $ | 3,120 |
Net income (loss) attributable to Travelzoo—continuing operations | $ | 1,720 |  |  | $ | 2,564 |  |  | $ | 3,058 |  |  | $ | 4,945 |
Net income (loss) attributable to Travelzoo—discontinued operations | $ | (2,319) |  |  | $ | (2,258) |  |  | $ | (1,730) |  |  | $ | (1,825) |
Income (loss) per share—basic |  |  |  |  |  |  |
Continuing operations | $ | 0.15 |  |  | $ | 0.22 |  |  | $ | 0.25 |  |  | $ | 0.41 |
Discontinued operations | $ | (0.20) |  |  | $ | (0.19) |  |  | $ | (0.14) |  |  | $ | (0.15) |
Net income (loss) per share—basic | $ | (0.05) |  |  | $ | 0.03 |  |  | $ | 0.11 |  |  | $ | 0.26 |
Income (loss) per share—diluted |  |  |  |  |  |  |
Continuing operations | $ | 0.15 |  |  | $ | 0.21 |  |  | $ | 0.25 |  |  | $ | 0.41 |
Discontinued operations | $ | (0.20) |  |  | $ | (0.19) |  |  | $ | (0.14) |  |  | $ | (0.15) |
Net income per share —diluted | $ | (0.05) |  |  | $ | 0.03 |  |  | $ | 0.11 |  |  | $ | 0.26 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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