| 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 Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2022 | | 2021 | | 2022 | | 2021 | | Numerator: | | | | | | | | | Net income attributable to Travelzoo—continuing operations | $ | 1,018 | | | $ | 2,985 | | | $ | 3,388 | | | $ | 1,358 | | | Net loss attributable to Travelzoo—discontinued operations | $ | 10 | | | $ | 29 | | | $ | (1) | | | $ | 14 | | | Denominator: | | | | | | | | | Weighted average common shares—basic | 12,513 | | | 11,488 | | | 12,285 | | | 11,440 | | | Effect of dilutive securities: stock options | 124 | | | 1,920 | | | 306 | | | 1,808 | | | Weighted average common shares—diluted | 12,637 | | | 13,408 | | | 12,591 | | | 13,248 | | | | | | | | | | | Income per share—basic | | | | | | | | | Continuing operations | $ | 0.08 | | | $ | 0.26 | | | $ | 0.28 | | | $ | 0.12 | | | Discontinued operations | — | | | — | | | — | | | — | | | Net income per share —basic | $ | 0.08 | | | $ | 0.26 | | | $ | 0.28 | | | $ | 0.12 | | | | | | | | | | | Income per share—diluted | | | | | | | | | Continuing operations | $ | 0.08 | | | $ | 0.22 | | | $ | 0.27 | | | $ | 0.10 | | | Discontinued operations | — | | | — | | | — | | | — | | | Net income per share—diluted | $ | 0.08 | | | $ | 0.22 | | | $ | 0.27 | | | $ | 0.10 | |
|