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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues $ 19,079 $ 7,004 $ 33,363 $ 27,331
Cost of revenues 2,522 2,141 5,540 4,844
Gross profit 16,557 4,863 27,823 22,487
Operating expenses:        
Sales and marketing 7,340 4,288 14,130 17,382
Product development 685 566 1,368 1,994
General and administrative 5,056 6,642 9,616 12,164
Impairment of intangible assets and goodwill 0 0 0 2,920
Total operating expenses 13,081 11,496 25,114 34,460
Operating income (loss) 3,476 (6,633) 2,709 (11,973)
Other income (loss), net 684 (179) 518 (185)
Income (loss) from continuing operations before income taxes 4,160 (6,812) 3,227 (12,158)
Income tax expense (benefit) 1,136 (1,309) 1,878 (1,826)
Income (loss) from continuing operations 3,024 (5,503) 1,349 (10,332)
Income (loss) from discontinued operations, net of taxes 29 (795) 14 (3,714)
Net income (loss) 3,053 (6,298) 1,363 (14,046)
Net income (loss) attributable to non-controlling interest 39 (108) (9) (1,247)
Net income (loss) attributable to Travelzoo 3,014 (6,190) 1,372 (12,799)
Net income (loss) attributable to Travelzoo—continuing operations 2,985 (5,395) 1,358 (9,085)
Net income (loss) attributable to Travelzoo—discontinued operations $ 29 $ (795) $ 14 $ (3,714)
Income (loss) per share—basic        
Continuing operations (in dollars per share) $ 0.26 $ (0.48) $ 0.12 $ (0.80)
Discontinued operations (in dollars per share) 0 (0.07) 0 (0.33)
Net income (loss) per share - basic (in dollars per share) 0.26 (0.55) 0.12 (1.13)
Income (loss) per share—diluted        
Continuing operations (in dollars per share) 0.22 (0.48) 0.10 (0.80)
Discontinuing operations (in dollars per share) 0 (0.07) 0 (0.33)
Income (loss) per share - diluted (in dollars per share) $ 0.22 $ (0.55) $ 0.10 $ (1.13)
Shares used in per share calculation from operations—basic (in shares) 11,488 11,310 11,440 11,375
Shares used in per share calculation from operations—diluted (in shares) 13,408 11,310 13,248 11,375
Continuing Operations        
Income (loss) per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 11,488 11,310 11,440 11,375
Shares used in per share calculation from operations—diluted (in shares) 13,408 11,310 13,248 11,375
Discontinued Operations        
Income (loss) per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 11,488 11,310 11,440 11,375
Shares used in per share calculation from operations—diluted (in shares) 13,408 11,310 13,248 11,375