XML 19 R5.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 62,712 $ 53,601
Cost of revenues 11,388 10,563
Gross profit 51,324 43,038
Operating expenses:    
Sales and marketing 30,294 30,616
Product development 2,590 3,081
General and administrative 19,753 20,494
Impairment of intangible asset and goodwill 0 2,920
Total operating expenses 52,637 57,111
Operating loss (1,313) (14,073)
Other income, net 4,006 455
Income (loss) from continuing operations before income taxes 2,693 (13,618)
Income tax expense (benefit) 1,778 (2,438)
Income (loss) from continuing operations 915 (11,180)
Loss from discontinued operations, net of tax (13) (3,390)
Net income (loss) 902 (14,570)
Net loss attributable to non-controlling interest (9) (1,147)
Net income (loss) attributable to Travelzoo 911 (13,423)
Net income (loss) attributable to Travelzoo—continuing operations 924 (10,033)
Net loss attributable to Travelzoo—discontinued operations $ (13) $ (3,390)
Income (loss) per share—basic    
Continuing operations (in dollars per share) $ 0.08 $ (0.88)
Discontinued operations (in dollars per share) 0 (0.30)
Net income (loss) per share, basic (in dollars per share) 0.08 (1.18)
Income (loss) per share—diluted    
Continuing operations (in dollars per share) 0.07 (0.88)
Discontinuing operations (in dollars per share) 0 (0.30)
Net income (loss) per share, diluted (in dollars per share) $ 0.07 $ (1.18)
Shares used in per share calculation from continuing and discontinued operations—basic (in shares) 11,646 11,344
Shares used in per share calculation from continuing and discontinued operations—diluted (in shares) 12,991 11,344
Continuing Operations    
Income (loss) per share—diluted    
Shares used in per share calculation from continuing and discontinued operations—basic (in shares) 11,646 11,344
Shares used in per share calculation from continuing and discontinued operations—diluted (in shares) 12,991 11,344
Discontinued Operations    
Income (loss) per share—diluted    
Shares used in per share calculation from continuing and discontinued operations—basic (in shares) 11,646 11,344
Shares used in per share calculation from continuing and discontinued operations—diluted (in shares) 11,646 11,344