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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues $ 15,849 $ 15,688 $ 51,991 $ 49,051
Cost of revenues 2,324 2,992 7,319 8,532
Gross profit 13,525 12,696 44,672 40,519
Operating expenses:        
Sales and marketing 8,512 7,709 25,573 21,839
Product development 484 684 1,391 2,052
General and administrative 4,256 4,564 13,735 14,180
Total operating expenses 13,252 12,957 40,699 38,071
Operating income (loss) 273 (261) 3,973 2,448
Other income, net 836 3,344 2,454 3,862
Income from continuing operations before income taxes 1,109 3,083 6,427 6,310
Income tax expense 317 233 2,213 2,111
Income from continuing operations 792 2,850 4,214 4,199
Income (loss) from discontinued operations, net of taxes 5 (19) 4 (5)
Net income 797 2,831 4,218 4,194
Net income (loss) attributable to non-controlling interest 2 8 36 (1)
Net income attributable to Travelzoo 795 2,823 4,182 4,195
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)
Income (loss) per share—basic        
Continuing operations (in dollars per share) $ 0.06 $ 0.24 $ 0.34 $ 0.36
Discontinued operations (in dollars per share) 0 0 0 0
Net income (loss) per share - basic (in dollars per share) 0.06 0.24 0.34 0.36
Income (loss) per share—diluted        
Continuing operations (in dollars per share) 0.06 0.22 0.33 0.32
Discontinuing operations (in dollars per share) 0 0 0 0
Income (loss) per share - diluted (in dollars per share) $ 0.06 $ 0.22 $ 0.33 $ 0.32
Shares used in per share calculation from operations—basic (in shares) 12,489 11,648 12,354 11,510
Shares used in per share calculation from operations—diluted (in shares) 12,578 12,904 12,586 13,132
Continuing Operations        
Income (loss) per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,489 11,648 12,354 11,510
Shares used in per share calculation from operations—diluted (in shares) 12,578 12,904 12,586 13,132
Discontinued Operations        
Income (loss) per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,489 11,648 12,354 11,510
Shares used in per share calculation from operations—diluted (in shares) 12,578 11,648 12,586 11,510