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Net Income Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Basic net income (loss) 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 EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Numerator:
Net income attributable to Travelzoo—continuing operations$2,927 $2,624 $7,163 $6,299 
Net income attributable to Travelzoo—discontinued operations$— $$— $— 
Denominator:
Weighted average common shares—basic12,895 15,275 13,191 15,485 
Effect of dilutive securities: stock options81 62 109 72 
Weighted average common shares—diluted12,976 15,337 13,300 15,557 
Income per share—basic
Continuing operations$0.23 $0.17 $0.54 $0.41 
Discontinued operations— — — — 
Net income per share —basic$0.23 $0.17 $0.54 $0.41 
Income per share—diluted
Continuing operations$0.23 $0.17 $0.54 $0.40 
Discontinued operations— — — — 
Net income per share—diluted$0.23 $0.17 $0.54 $0.40 
For the three months ended June 30, 2024 and 2023, options to purchase 850,000 and 750,000 shares of common stock, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive. For each of the six months ended June 30, 2024 and 2023, options to purchas750,000 shares of common stock were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.