Segment Reporting and Significant Customer Information (Tables)

3 Months Ended

Mar. 31, 2015

Summary of operating results from continuing operations and assets by business segment

The following is a summary of operating results and assets (in thousands) by business segment:



Three Months Ended March 31, 2015	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	24,713	$	11,779	$	—		$	36,492
Intersegment revenues	257		38		(295		)	—
Total net revenues	24,970		11,817		(295		)	36,492
Operating income	$	2,080	$	1,722	$	—		$	3,802



Three Months Ended March 31, 2014	North America		Europe		Elimination and Other			Consolidated
Revenues from unaffiliated customers	$	26,353	$	13,842	$	—		$	40,195
Intersegment revenues	221		12		(233		)	—
Total net revenues	26,574		13,854		(233		)	40,195
Operating income	$	4,604	$	2,393	$	—		$	6,997

Reconciliation of total assets from reportable segments to consolidated assets



As of March 31, 2015	North America		Europe		Elimination			Consolidated
Long-lived assets	$	7,536	$	1,261	$	—		$	8,797
Total assets	$	74,790	$	38,593	$	(23,776	)	$	89,607



As of December 31, 2014	North America		Europe		Elimination			Consolidated
Long-lived assets	$	7,678	$	1,507	$	—		$	9,185
Total assets	$	73,508	$	40,818	$	(23,838	)	$	90,488

Breakdown of revenues and long-lived assets

The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaways vouchers and hotel booking. Search revenue includes SuperSearch and Fly.com. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings).



	Three Months Ended
	March 31,
	2015		2014
North America
Travel	$	16,007	$	17,229
Search	4,548		3,854
Local	4,158		5,270
Total North America revenues	$	24,713	$	26,353
Europe
Travel	$	9,737	$	11,193
Search	559		979
Local	1,483		1,670
Total Europe revenues	$	11,779	$	13,842
Consolidated
Travel	$	25,744	$	28,422
Search	5,107		4,833
Local	5,641		6,940
Total revenues	$	36,492	$	40,195

Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands):



	Three Months Ended
	March 31,
	2015		2014
Revenue
United States	$	23,431	$	24,740
United Kingdom	7,871		9,212
Rest of the world	5,190		6,243
Total revenues	$	36,492	$	40,195

The following table sets forth long lived asset by geographic area (in thousands):



	As of March 31, 2015		As of December 31,
United States	$	7,107	$	7,646
Rest of the world	1,690		1,539
Total long lived assets	$	8,797	$	9,185

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details