Segment Reporting and Significant Customer Information

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Segment Reporting and Significant Customer Information

Segment Reporting and Significant Customer Information

The Company manages its business geographically and has two reportable operating segments: North America and Europe. North America consists of the Company’s operations in Canada and the U.S. Europe consists of the Company’s operations in France, Germany, Spain, and the U.K. The Company began operations in Europe in May 2005.

Management relies on an internal management reporting process that provides revenue and segment operating income (loss) for making financial decisions and allocating resources. Management believes that segment revenues and operating income (loss) are appropriate measures of evaluating the operational performance of the Company’s segments.

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

Year Ended December 31, 2012	North America		Europe		Elimination and Other (a)			Consolidated
Revenues from unaffiliated customers	$	108,787	$	42,381	$	—		$	151,168
Intersegment revenues	728		143		(871		)	—
Total net revenues	109,515		42,524		(871		)	151,168
Operating income	$	21,481	$	7,008	$	(3,000	)	$	25,489

Year Ended December 31, 2011	North America		Europe		Elimination and Other (a)			Consolidated
Revenues from unaffiliated customers	$	108,549	$	39,793	$	—		$	148,342
Intersegment revenues	466		134		(600		)	—
Total net revenues	109,015		39,927		(600		)	148,342
Operating income	$	30,110	$	4,912	$	(20,000	)	$	15,022

Year Ended December 31, 2010	North America		Europe			Elimination			Consolidated
Revenues from unaffiliated customers	$	87,661	$	25,123		$	—		$	112,784
Intersegment revenues	197		107			(304		)	—
Total net revenues	87,858		25,230			(304		)	112,784
Operating income	$	24,998	$	(1,489	)	$	3		$	23,512

(a) Amount represents a charge related to unexchanged promotional merger shares of $3.0 million and $20.0 million for the years ended December 31, 2012 and 2011, respectively.

As of December 31, 2012	North America		Europe		Elimination			Consolidated
Long-lived assets	$	3,389	$	1,911	$	—		$	5,300
Total assets	$	92,139	$	36,595	$	(30,901	)	$	97,833

As of December 31, 2011	North America		Europe		Elimination			Consolidated
Long-lived assets	$	3,668	$	593	$	—		$	4,261
Total assets	$	75,238	$	26,210	$	(33,100	)	$	68,348

Revenue for each segment is recognized based on the customer location within a designated geographic region. Property and equipment are attributed to the geographic region in which the assets are located.

For the years ended December 31, 2012, 2011 and 2010, the Company did not have any customers that accounted for 10% or more of revenue. As of December 31, 2012 and December 31, 2011, the Company did not have any customers that accounted for 10% or more of accounts receivable.

The following table sets forth the breakdown of revenues by type and segment for the years ended December 31, 2012, 2011 and 2010. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network) and Getaway vouchers. Search revenue includes SuperSearch and Fly.com. Local revenue includes Local Deals vouchers and Entertainment.

	Years Ended December 31,
	(In thousands)
	2012		2011		2010
North America
Travel	$	56,636	$	57,795	$	53,693
Search	23,101		23,980		24,914
Local	29,050		26,774		9,054
Total North America revenues	$	108,787	$	108,549	$	87,661
Europe
Travel	$	29,844	$	27,434	$	21,786
Search	4,149		5,089		2,404
Local	8,388		7,270		933
Total Europe revenues	$	42,381	$	39,793	$	25,123
Consolidated
Travel	$	86,480	$	85,229	$	75,479
Search	27,250		29,069		27,318
Local	37,438		34,044		9,987
Total revenues	$	151,168	$	148,342	$	112,784