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Net Income Per Share
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per ShareBasic net income per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method.
The following table sets forth the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts):
Three Months EndedNine Months Ended
 September 30,September 30,
 2022202120222021
Numerator:
Net income attributable to Travelzoo—continuing operations$790 $2,842 $4,178 $4,200 
Net income (loss) attributable to Travelzoo—discontinued operations$5 $(19)$4 $(5)
Denominator:
Weighted average common shares—basic12,489 11,648 12,354 11,510 
Effect of dilutive securities: stock options89 1,256 232 1,622 
Weighted average common shares—diluted12,578 12,904 12,586 13,132 
Income (loss) per share—basic
Continuing operations$0.06 $0.24 $0.34 $0.36 
Discontinued operations— — — — 
Net income (loss) per share —basic$0.06 $0.24 $0.34 $0.36 
Income (loss) per share—diluted
Continuing operations$0.06 $0.22 $0.33 $0.32 
Discontinued operations— — — — 
Net income (loss) per share—diluted$0.06 $0.22 $0.33 $0.32 
For the three and nine months ended September 30, 2022, options to purchase 850,000 shares and 750,000 shares of common stock, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive. For the three and nine months ended September 30, 2021, options to purchase 50,000 shares of common stock were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.