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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Travelzoo Stockholders’ Equity (Deficit)
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 1,187 1,187     1,187          
Repurchase of common stock (11,868) (11,868)   (11,868)            
Retirement of treasury stock (in shares)     (2,495)              
Retirement of treasury stock 0   $ (24) 18,998 (18,974)          
Exercise of stock options and taxes paid for net share settlement (in shares)     156              
Exercise of stock options and taxes paid for net share settlement (300) (300) $ 1   (301)          
Foreign currency translation adjustment 102 102             102  
Net income 8,744 8,647           8,647   97
Ending balance (in shares) at Sep. 30, 2023     14,166              
Ending balance at Sep. 30, 2023 6,716 2,024 $ 142 0 5,186 (9,537) (4,753) 15,789 (4,803) 4,692
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
Ending balance (in shares) at Dec. 31, 2023 13,575   13,575              
Ending balance at Dec. 31, 2023 $ 8,883 4,186 $ 136 0 439 (9,537) (1,753) 19,508 (4,607) 4,697
Beginning balance (in shares) at Jun. 30, 2023     15,170              
Beginning balance at Jun. 30, 2023 11,069 6,429 $ 152 0 11,816 (9,537) (4,753) 13,441 (4,690) 4,640
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 359 359     359          
Repurchase of common stock (6,999) (6,999)   (6,999)            
Retirement of treasury stock (in shares)     (1,000)              
Retirement of treasury stock 0   $ (10) 6,999 (6,989)          
Exercise of stock options and taxes paid for net share settlement (in shares)     (4)              
Exercise of stock options and taxes paid for net share settlement 0 0                
Foreign currency translation adjustment (113) (113)             (113)  
Net income 2,400 2,348           2,348   52
Ending balance (in shares) at Sep. 30, 2023     14,166              
Ending balance at Sep. 30, 2023 $ 6,716 2,024 $ 142 0 5,186 (9,537) (4,753) 15,789 (4,803) 4,692
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 1,239 1,239     1,239          
Repurchase of common stock [1] (16,764) (16,764)   (16,764)            
Retirement of treasury stock (in shares)     (1,753)              
Retirement of treasury stock 0 0 $ (17) 16,764 (1,087)     (15,660)    
Exercise of stock options and taxes paid for net share settlement (in shares)     58              
Exercise of stock options and taxes paid for net share settlement (591) (591)     (591)          
Account receivable from shareholder (176) (176)         (176)      
Foreign currency translation adjustment (472) (472)             (472)  
Net income $ 10,401 10,347           10,347   54
Ending balance (in shares) at Sep. 30, 2024 11,880   11,880              
Ending balance at Sep. 30, 2024 $ 2,520 (2,231) $ 119 0 0 (9,537) (1,929) 14,195 (5,079) 4,751
Beginning balance (in shares) at Jun. 30, 2024     12,402              
Beginning balance at Jun. 30, 2024 5,645 966 $ 124 0 0 (9,537) (1,753) 17,083 (4,951) 4,679
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 456 456     456          
Repurchase of common stock [2] (6,198) (6,198)   (6,198)            
Retirement of treasury stock (in shares)     (553)              
Retirement of treasury stock 0 0 $ (5) 6,198 (121)     (6,072)    
Exercise of stock options and taxes paid for net share settlement (in shares)     31              
Exercise of stock options and taxes paid for net share settlement (335) (335)     (335)          
Account receivable from shareholder (176) (176)         (176)      
Foreign currency translation adjustment (128) (128)             (128)  
Net income $ 3,256 3,184           3,184   72
Ending balance (in shares) at Sep. 30, 2024 11,880   11,880              
Ending balance at Sep. 30, 2024 $ 2,520 $ (2,231) $ 119 $ 0 $ 0 $ (9,537) $ (1,929) $ 14,195 $ (5,079) $ 4,751
[1] Includes a 1% excise tax applicable to share repurchases.
[2] Includes a 1% excise tax applicable to share repurchases.