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Net Income Per Share
6 Months Ended
Jun. 30, 2025
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 EndedSix Months Ended
 June 30,June 30,
 2025202420252024
Numerator:
Net income attributable to Travelzoo$1,402 $2,927 $4,570 $7,163 
Denominator:
Weighted average common shares—basic11,139 12,895 11,617 13,191 
Effect of dilutive securities: stock options366 81 471 109 
Weighted average common shares—diluted11,505 12,976 12,088 13,300 
Net income per share —basic$0.13 $0.23 $0.39 $0.54 
Net income per share—diluted$0.12 $0.23 $0.38 $0.54 
For the three months ended June 30, 2025 and 2024, options to purchase 25,000 and 850,000 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.