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Segment Reporting and Significant Customer Information (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Revenues from unaffiliated customers			$	14,567					$	6,078					$	948					$	8					$	—					$	21,601
Intersegment revenues (expenses)			191						(191)						—						—						—						—
Total net revenues			14,758						5,887						948						8						—						21,601
Operating profit (loss)			$	4,516					$	457					$	(45)					$	(217)					$	—					$	4,711

Three Months Ended March 31, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Revenues from unaffiliated customers			$	11,498					$	6,127					$	823					$	5					$	—					$	18,453
Intersegment revenues (expenses)			193						(193)						—						—						—						—
Total net revenues			11,691						5,934						823						5						—						18,453
Operating profit (loss)			$	1,820					$	178					$	23					$	(102)					$	—					$	1,919

Schedule of Revenue and Long Lived Assets by Geographical Location

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

As of March 31, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Long-lived assets			$	308					$	86					$	—					$	298					$	—					$	692
Total assets excluding discontinued operations			$	100,683					$	18,357					$	19,560					$	369					$	(72,712)					$	66,257

As of December 31, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Long-lived assets			$	375					$	86					$	—					$	196					$	—					$	657
Total assets excluding discontinued operations			$	97,693					$	19,253					$	18,737					$	267					$	(68,687)					$	67,263

The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Travelzoo website, standalone Travelzoo emails, 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
			March 31,
			2023						2022
Travelzoo North America
Travel			$	14,140					$	11,045
Local			618						646
Total Travelzoo North America revenues			14,758						11,691
Travelzoo Europe
Travel			5,550						5,624
Local			337						310
Total Travelzoo Europe revenues			5,887						5,934
Jack’s Flight Club			948						823
New Initiatives			8						5
Consolidated
Travelzoo Travel			19,690						16,669
Travelzoo Local			955						956
Jack’s Flight Club			948						823
New Initiatives			8						5
Total revenues			$	21,601					$	18,453

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
			March 31,
			2023						2022
Revenue
United States			$	13,473					$	10,638
United Kingdom			4,962						3,999
Germany			1,495						2,252
Rest of the world			1,671						1,564
Total revenues			$	21,601					$	18,453

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

			March 31,						December 31,
			2023						2022
United States			$	201					$	274
Rest of the world			491						383
Total long-lived assets			$	692					$	657

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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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

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