XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues $ 14,284 $ 20,327
Cost of revenues 3,018 2,703
Gross profit 11,266 17,624
Operating expenses:    
Sales and marketing 6,790 13,094
Product development 683 1,428
General and administrative 4,560 5,522
Impairment of intangible assets and goodwill 0 2,920
Total operating expenses 12,033 22,964
Operating loss (767) (5,340)
Other income (loss), net (166) (6)
Loss from continuing operations before income taxes (933) (5,346)
Income tax expense (benefit) 742 (517)
Loss from continuing operations (1,675) (4,829)
Loss from discontinued operations, net of taxes (15) (2,919)
Net loss (1,690) (7,748)
Net loss attributable to non-controlling interest (48) (1,139)
Net loss attributable to Travelzoo (1,642) (6,609)
Net loss attributable to Travelzoo—continuing operations (1,627) (3,690)
Net loss $ (15) $ (2,919)
Loss per share—basic    
Continuing operations (in dollars per share) $ (0.14) $ (0.32)
Discontinued operations (in dollars per share) 0 (0.26)
Net loss per share - basic (in dollars per share) (0.14) (0.58)
Loss per share—diluted    
Continuing operations (in dollars per share) (0.14) (0.32)
Discontinuing operations (in dollars per share) 0 (0.26)
Loss per share - diluted (in dollars per share) $ (0.14) $ (0.58)
Shares used in per share calculation from operations—basic (in shares) 11,391 11,439
Shares used in per share calculation from operations—diluted (in shares) 11,391 11,439
Continuing Operations    
Loss per share—diluted    
Shares used in per share calculation from operations—basic (in shares) 11,391 11,439
Shares used in per share calculation from operations—diluted (in shares) 11,391 11,439
Discontinued Operations    
Loss per share—diluted    
Shares used in per share calculation from operations—basic (in shares) 11,391 11,439
Shares used in per share calculation from operations—diluted (in shares) 11,391 11,439