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Segment Reporting and Significant Customer Information (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	13,642					$	6,462					$	1,011					$	13					$	21,128
Intersegment revenues (expenses)			491						(575)						84						—						—
Total net revenues			14,133						5,887						1,095						13						21,128
Operating profit (loss)			$	3,753					$	(239)					$	97					$	(338)					$	3,273

Three Months Ended June 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	12,337					$	4,395					$	952					$	5					$	17,689
Intersegment revenues (expenses)			41						(41)						—						—						—
Total net revenues			12,378						4,354						952						5						17,689
Operating profit (loss)			$	3,272					$	(1,472)					$	161					$	(180)					$	1,781

Six Months Ended June 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	28,209					$	12,540					$	1,959					$	21					$	42,729
Intersegment revenues (expenses)			682						(766)						84						—						—
Total net revenues			28,891						11,774						2,043						21						42,729
Operating profit (loss)			$	8,269					$	218					$	52					$	(555)					$	7,984

Six Months Ended June 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	23,835					$	10,522					$	1,775					$	10					$	36,142
Intersegment revenues (expenses)			234						(234)						—						—						—
Total net revenues			24,069						10,288						1,775						10						36,142
Operating profit (loss)			$	5,092					$	(1,294)					$	184					$	(282)					$	3,700

Schedule of Revenue and Long Lived Assets by Geographical Location

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

As of June 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Long-lived assets			$	244					$	90					$	—					$	318					$	—					$	652
Total assets excluding discontinued operations			$	96,108					$	17,958					$	19,601					$	439					$	(75,000)					$	59,106

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												Six Months Ended
			June 30,												June 30,
			2023						2022						2023						2022
Travelzoo North America
Travel			$	13,458					$	11,444					$	27,598					$	22,489
Local			675						934						1,293						1,580
Total Travelzoo North America revenues			14,133						12,378						28,891						24,069
Travelzoo Europe
Travel			5,546						4,072						11,096						9,696
Local			341						282						678						592
Total Travelzoo Europe revenues			5,887						4,354						11,774						10,288
Jack’s Flight Club			1,095						952						2,043						1,775
New Initiatives			13						5						21						10
Consolidated
Travelzoo Travel			19,004						15,516						38,694						32,185
Travelzoo Local			1,016						1,216						1,971						2,172
Jack’s Flight Club			1,095						952						2,043						1,775
New Initiatives			13						5						21						10
Total revenues			$	21,128					$	17,689					$	42,729					$	36,142

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												Six Months Ended
			June 30,												June 30,
			2023						2022						2023						2022
Revenue
United States			$	12,749					$	11,222					$	26,222					$	21,865
United Kingdom			4,858						4,037						9,820						8,036
Germany			1,738						957						3,233						3,209
Rest of the world			1,783						1,473						3,454						3,032
Total revenues			$	21,128					$	17,689					$	42,729					$	36,142

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

			June 30,						December 31,
			2023						2022
United States			$	150					$	274
China (Hong Kong)			318						196
Rest of the world			184						187
Total long-lived assets			$	652					$	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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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.

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