XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 21,141 $ 21,128 $ 43,126 $ 42,729
Cost of revenues 2,520 2,880 5,160 5,571
Gross profit 18,621 18,248 37,966 37,158
Operating expenses:        
Sales and marketing 9,386 10,142 17,984 19,438
Product development 603 518 1,169 1,008
General and administrative 4,621 4,315 9,211 8,728
Total operating expenses 14,610 14,975 28,364 29,174
Operating income 4,011 3,273 9,602 7,984
Other income, net 176 479 315 829
Income from continuing operations before income taxes 4,187 3,752 9,917 8,813
Income tax expense 1,267 1,091 2,772 2,469
Income from continuing operations 2,920 2,661 7,145 6,344
Income from discontinued operations, net of taxes 0 2 0 0
Net income 2,920 2,663 7,145 6,344
Net income (loss) attributable to non-controlling interest (7) 37 (18) 45
Net income attributable to Travelzoo 2,927 2,626 7,163 6,299
Net income attributable to Travelzoo—continuing operations 2,927 2,624 7,163 6,299
Net income attributable to Travelzoo—discontinued operations $ 0 $ 2 $ 0 $ 0
Income per share—basic        
Continuing operations (in dollars per share) $ 0.23 $ 0.17 $ 0.54 $ 0.41
Discontinued operations (in dollars per share) 0 0 0 0
Net income per share - basic (in dollars per share) 0.23 0.17 0.54 0.41
Income per share—diluted        
Continuing operations (in dollars per share) 0.23 0.17 0.54 0.40
Discontinuing operations (in dollars per share) 0 0 0 0
Income per share - diluted (in dollars per share) $ 0.23 $ 0.17 $ 0.54 $ 0.40
Shares used in per share calculation from operations—basic (in shares) 12,895 15,275 13,191 15,485
Shares used in per share calculation from operations—diluted (in shares) 12,976 15,337 13,300 15,557
Continuing Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,895 15,275 13,191 15,485
Shares used in per share calculation from operations—diluted (in shares) 12,976 15,337 13,300 15,557
Discontinued Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,895 15,275 13,191 15,485
Shares used in per share calculation from operations—diluted (in shares) 12,976 15,337 13,300 15,557