XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2

Segment Reporting and Significant Customer Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule 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 September 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	10,281					$	4,721					$	847					$	—					$	15,849
Intersegment revenues (expenses)			217						(217)						—						—						—
Total net revenues			10,498						4,504						847						—						15,849
Operating profit (loss)			$	812					$	(551)					$	12					$	—					$	273

Three Months Ended September 30, 2021			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	9,527					$	5,365					$	796					$	—					$	15,688
Intersegment revenues (expenses)			136						(136)						—						—						—
Total net revenues			9,663						5,229						796						—						15,688
Operating profit (loss)			$	(918)					$	600					$	57					$	—					$	(261)

Nine Months Ended September 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	34,126					$	15,243					$	2,622					$	—					$	51,991
Intersegment revenues (expenses)			451						(451)						—						—						—
Total net revenues			34,577						14,792						2,622						—						51,991
Operating profit (loss)			$	5,622					$	(1,845)					$	196					$	—					$	3,973

Nine Months Ended September 30, 2021			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Revenues from unaffiliated customers			$	33,005					$	13,503					$	2,543					$	—					$	49,051
Intersegment revenues (expenses)			462						(462)						—						—						—
Total net revenues			33,467						13,041						2,543						—						49,051
Operating profit (loss)			$	2,654					$	(323)					$	117					$	—					$	2,448

Schedule of Revenue and Long Lived Assets by Geographical Location

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

As of September 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Long-lived assets			$	406					$	99					$	—					$	—					$	505
Total assets excluding discontinued operations			$	99,119					$	15,721					$	18,777					$	(65,332)					$	68,285

As of December 31, 2021			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						Elimination						Consolidated
Long-lived assets			$	573					$	86					$	—					$	—					$	659
Total assets excluding discontinued operations			$	116,700					$	28,167					$	18,436					$	(63,647)					$	99,656

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												Nine Months Ended
			September 30,												September 30,
			2022						2021						2022						2021
Travelzoo North America
Travel			$	9,668					$	9,078					$	32,167					$	31,141
Local			830						585						2,410						2,326
Total Travelzoo North America revenues			10,498						9,663						34,577						33,467
Travelzoo Europe
Travel			4,230						4,772						13,926						11,796
Local			274						457						866						1,245
Total Travelzoo Europe revenues			4,504						5,229						14,792						13,041
Jack’s Flight Club			847						796						2,622						2,543
Consolidated
Travelzoo Travel			13,898						13,850						46,093						42,937
Travelzoo Local			1,104						1,042						3,276						3,571
Jack’s Flight Club			847						796						2,622						2,543
Total revenues			$	15,849					$	15,688					$	51,991					$	49,051

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												Nine Months Ended
			September 30,												September 30,
			2022						2021						2022						2021
Revenue
United States			$	9,599					$	8,607					$	31,464					$	31,042
United Kingdom			3,883						4,218						11,919						9,325
Rest of the world			2,367						2,863						8,608						8,684
Total revenues			$	15,849					$	15,688					$	51,991					$	49,051

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

			September 30,						December 31,
			2022						2021
United States			$	293					$	409
Rest of the world			212						250
Total long-lived assets			$	505					$	659

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration