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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 20,098 $ 20,599 $ 63,224 $ 63,328
Cost of revenues 2,548 2,665 7,708 8,236
Gross profit 17,550 17,934 55,516 55,092
Operating expenses:        
Sales and marketing 8,247 9,840 26,231 29,278
Product development 594 525 1,763 1,533
General and administrative 4,664 4,460 13,875 13,188
Total operating expenses 13,505 14,825 41,869 43,999
Operating income 4,045 3,109 13,647 11,093
Other income, net 359 314 674 1,143
Income from continuing operations before income taxes 4,404 3,423 14,321 12,236
Income tax expense 1,148 1,018 3,920 3,487
Income from continuing operations 3,256 2,405 10,401 8,749
Loss from discontinued operations, net of taxes 0 (5) 0 (5)
Net income 3,256 2,400 10,401 8,744
Net income attributable to non-controlling interest 72 52 54 97
Net income attributable to Travelzoo 3,184 2,348 10,347 8,647
Net income attributable to Travelzoo—continuing operations 3,184 2,353 10,347 8,652
Net loss attributable to Travelzoo—discontinued operations $ 0 $ (5) $ 0 $ (5)
Income per share—basic        
Continuing operations (in dollars per share) $ 0.26 $ 0.16 $ 0.81 $ 0.57
Discontinued operations (in dollars per share) 0 0 0 0
Net income per share - basic (in dollars per share) 0.26 0.16 0.81 0.57
Income per share—diluted        
Continuing operations (in dollars per share) 0.26 0.16 0.79 0.57
Discontinuing operations (in dollars per share) 0 0 0 0
Income per share - diluted (in dollars per share) $ 0.26 $ 0.16 $ 0.79 $ 0.56
Shares used in per share calculation from operations—basic (in shares) 12,176 14,769 12,851 15,242
Shares used in per share calculation from operations—diluted (in shares) 12,386 14,821 13,035 15,307
Continuing Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,176 14,769 12,851 15,242
Shares used in per share calculation from operations—diluted (in shares) 12,386 14,821 13,035 15,307
Discontinued Operations        
Income per share—diluted        
Shares used in per share calculation from operations—basic (in shares) 12,176 14,769 12,851 15,242
Shares used in per share calculation from operations—diluted (in shares) 12,386 14,821 13,035 15,307