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Net Income Per Share
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Basic 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,
 2023202220232022
Numerator:
Net income attributable to Travelzoo—continuing operations$2,353 $790 $8,652 $4,178 
Net loss attributable to Travelzoo—discontinued operations$(5)$5 $(5)$4 
Denominator:
Weighted average common shares—basic14,769 12,489 15,242 12,354 
Effect of dilutive securities: stock options52 89 65 232 
Weighted average common shares—diluted14,821 12,578 15,307 12,586 
Income per share—basic
Continuing operations$0.16 $0.06 $0.57 $0.34 
Discontinued operations— — — — 
Net income per share —basic$0.16 $0.06 $0.57 $0.34 
Income per share—diluted
Continuing operations$0.16 $0.06 $0.57 $0.33 
Discontinued operations— — — — 
Net income per share—diluted$0.16 $0.06 $0.56 $0.33 
For the three months ended September 30, 2023 and 2022, options to purchase 950,000 and 850,000 shares of common stock were not included in the computation of diluted net income per share because the effect would have been anti-dilutive. For each of the nine months ended September 30, 2023 and 2022, options to purchase 750,000 shares of common stock were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.