XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 21,128 $ 17,689 $ 42,729 $ 36,142
Cost of revenues 2,880 2,163 5,571 4,995
Gross profit 18,248 15,526 37,158 31,147
Operating expenses:        
Sales and marketing 10,142 8,480 19,438 17,061
Product development 518 454 1,008 907
General and administrative 4,315 4,811 8,728 9,479
Total operating expenses 14,975 13,745 29,174 27,447
Operating income 3,273 1,781 7,984 3,700
Other income, net 479 195 829 1,618
Income from continuing operations before income taxes 3,752 1,976 8,813 5,318
Income tax expense 1,091 928 2,469 1,896
Income from continuing operations 2,661 1,048 6,344 3,422
Income (loss) from discontinued operations, net of taxes 2 10 0 (1)
Net income 2,663 1,058 6,344 3,421
Net income attributable to non-controlling interest 37 30 45 34
Net income attributable to Travelzoo 2,626 1,028 6,299 3,387
Net income attributable to Travelzoo—continuing operations 2,624 1,018 6,299 3,388
Net income (loss) attributable to Travelzoo—discontinued operations $ 2 $ 10 $ 0 $ (1)
Income per share—basic        
Continuing operations (in dollars per share) $ 0.17 $ 0.08 $ 0.41 $ 0.28
Discontinued operations (in dollars per share) 0 0 0 0
Net income per share - basic (in dollars per share) 0.17 0.08 0.41 0.28
Income per share—diluted        
Continuing operations (in dollars per share) 0.17 0.08 0.40 0.27
Discontinuing operations (in dollars per share) 0 0 0 0
Income per share - diluted (in dollars per share) $ 0.17 $ 0.08 $ 0.40 $ 0.27
Shares used in per share calculation from operations—basic (in shares) 15,275 12,513 15,485 12,285
Shares used in per share calculation from operations—diluted (in shares) 15,337 12,637 15,557 12,591
Continuing Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 15,275 12,513 15,485 12,285
Shares used in per share calculation from operations—diluted (in shares) 15,337 12,637 15,557 12,591
Discontinued Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 15,275 12,513 15,485 12,285
Shares used in per share calculation from operations—diluted (in shares) 15,337 12,637 15,557 12,591