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Segment Reporting and Significant Customer Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Summary of Operating Results from Continuing Operations and Assets by Business Segment

The following is a summary of operating results by business segment (in thousands):

Three Months Ended March 31, 2021			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	9,828					$	3,569					$	887					$	—					$	14,284
Intersegment revenues (expenses)			(9)						9						—						—						—
Total net revenues			9,819						3,578						887						—						14,284
Operating profit (loss)			$	39					$	(696)					$	(110)					$	—					$	(767)

Three Months Ended March 31, 2020			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	12,549					$	7,103					$	683					$	(8)					$	20,327
Intersegment revenues (expenses)			148						(156)						—						8						—
Total net revenues			12,697						6,947						683						—						20,327
Operating profit (loss)			$	(976)					$	(1,341)					$	(3,015)					$	(8)					$	(5,340)

Schedule of Revenue and Long Lived Assets by Geographical Location

The following is a summary of assets by business segment (in thousands):

As of March 31, 2021			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Long-lived assets			$	975					$	177					$	—					$	—					$	1,152
Total assets excluding discontinued operations			$	138,464					$	34,421					$	6,831					$	(65,014)					$	114,702

As of December 31, 2020			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Long-lived assets			$	1,123					$	224					$	—					$	—					$	1,347
Total assets excluding discontinued operations			$	138,020					$	31,659					$	6					$	(67,515)					$	102,170

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 Ended
			March 31,
			2021						2020
Travelzoo North America
Travel			$	8,990					$	11,156
Local			829						1,541
Total Travelzoo North America revenues			9,819						12,697
Travelzoo Europe
Travel			3,301						6,237
Local			277						710
Total Travelzoo Europe revenues			3,578						6,947
Jack’s Flight Club			887						683
Consolidated
Travelzoo Travel			12,291						17,393
Travelzoo Local			1,106						2,251
Jack’s Flight Club			887						683
Total revenues			$	14,284					$	20,327

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 Ended
			March 31,
			2021						2020
Revenue
United States			$	9,221					$	11,515
United Kingdom			2,120						5,113
Germany			1,168						2,015
Rest of the world			1,775						1,684
Total revenues			$	14,284					$	20,327

The following table sets forth property and equipment by geographic area (in thousands):  

			March 31,						December 31,
			2021						2020
United States			$	778					$	912
Rest of the world			374						435
Total long-lived assets			$	1,152					$	1,347

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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