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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Travelzoo Stockholders’ Equity
Common Stock
Treasury Stock
Additional Paid-In Capital
Tax Indemnification
Note Receivable from Shareholder
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2022     16,505              
Beginning balance at Dec. 31, 2022 $ 8,851 $ 4,256 $ 165 $ (7,130) $ 23,274 $ (9,537) $ (4,753) $ 7,142 $ (4,905) $ 4,595
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 828 828     828          
Repurchase of common stock (4,869) (4,869)   (4,869)            
Retirement of treasury stock (in shares)     (1,495)              
Retirement of treasury stock 0   $ 14 (11,999) 11,985          
Exercise of stock options and taxes paid for net share settlement (in shares)     160              
Exercise of stock options and taxes paid for net share settlement (300) (300) $ 1   (301)          
Foreign currency translation adjustment 215 215             215  
Net income 6,344 6,299           6,299   45
Ending balance (in shares) at Jun. 30, 2023     15,170              
Ending balance at Jun. 30, 2023 11,069 6,429 $ 152 0 11,816 (9,537) (4,753) 13,441 (4,690) 4,640
Beginning balance (in shares) at Mar. 31, 2023     16,505              
Beginning balance at Mar. 31, 2023 12,822 8,219 $ 165 (7,316) 23,670 (9,537) (4,753) 10,815 (4,825) 4,603
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 432 432     432          
Repurchase of common stock (4,683) (4,683)   (4,683)            
Retirement of treasury stock (in shares)     (1,495)              
Retirement of treasury stock 0   $ 14 (11,999) 11,985          
Exercise of stock options and taxes paid for net share settlement (in shares)     160              
Exercise of stock options and taxes paid for net share settlement (300) (300) $ 1   (301)          
Foreign currency translation adjustment 135 135             135  
Net income 2,663 2,626           2,626   37
Ending balance (in shares) at Jun. 30, 2023     15,170              
Ending balance at Jun. 30, 2023 $ 11,069 6,429 $ 152 0 11,816 (9,537) (4,753) 13,441 (4,690) 4,640
Beginning balance (in shares) at Dec. 31, 2023 13,575   13,575              
Beginning balance at Dec. 31, 2023 $ 8,883 4,186 $ 136 0 439 (9,537) (1,753) 19,508 (4,607) 4,697
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 783 783     783          
Repurchase of common stock [1] (10,566) (10,566)   (10,566)            
Retirement of treasury stock (in shares)     (1,200)              
Retirement of treasury stock 0 0 $ 12 (10,566) 966     9,588    
Exercise of stock options and taxes paid for net share settlement (in shares)     27              
Exercise of stock options and taxes paid for net share settlement (256) (256)     (256)          
Foreign currency translation adjustment (344) (344)             (344)  
Net income $ 7,145 7,163           7,163   (18)
Ending balance (in shares) at Jun. 30, 2024 12,402   12,402              
Ending balance at Jun. 30, 2024 $ 5,645 966 $ 124 0 0 (9,537) (1,753) 17,083 (4,951) 4,679
Beginning balance (in shares) at Mar. 31, 2024     13,202              
Beginning balance at Mar. 31, 2024 8,792 4,106 $ 132 0 0 (9,537) (1,753) 20,125 (4,861) 4,686
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 688 688     688          
Repurchase of common stock [2] (6,658) (6,658)   (6,658)            
Retirement of treasury stock (in shares)     (800)              
Retirement of treasury stock 0 0 $ 8 (6,658) 681     5,969    
Exercise of stock options and taxes paid for net share settlement (7) (7)     (7)          
Foreign currency translation adjustment (90) (90)             (90)  
Net income $ 2,920 2,927           2,927   (7)
Ending balance (in shares) at Jun. 30, 2024 12,402   12,402              
Ending balance at Jun. 30, 2024 $ 5,645 $ 966 $ 124 $ 0 $ 0 $ (9,537) $ (1,753) $ 17,083 $ (4,951) $ 4,679
[1] Includes a 1% excise tax applicable to share repurchases.
[2] Includes a 1% excise tax applicable to share repurchases.