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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Total Travelzoo Stockholders’ Equity
Common Stock
Treasury Stock
Additional Paid-In Capital
Tax Indemnification
Note Receivable from Shareholder
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2022     16,505,000              
Beginning balance at Dec. 31, 2022 $ 8,851 $ 4,256 $ 165 $ (7,130) $ 23,274 $ (9,537) $ (4,753) $ 7,142 $ (4,905) $ 4,595
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 396 396     396          
Repurchase of common stock (186) (186)   (186)            
Foreign currency translation adjustment 80 80             80  
Net income 3,681 3,673           3,673   8
Ending balance (in shares) at Mar. 31, 2023     16,505,000              
Ending balance at Mar. 31, 2023 $ 12,822 8,219 $ 165 (7,316) 23,670 (9,537) (4,753) 10,815 (4,825) 4,603
Beginning balance (in shares) at Dec. 31, 2023 13,575,000   13,575,000              
Beginning balance at Dec. 31, 2023 $ 8,883 4,186 $ 136 0 439 (9,537) (1,753) 19,508 (4,607) 4,697
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock-based compensation expense 95 95     95          
Repurchase of common stock [1] (3,908) (3,908)   (3,908)            
Retirement of treasury stock (in shares)     (400,000)              
Retirement of treasury stock     $ (4) 3,908 (285)     (3,619)    
Exercise of stock options and taxes paid for net share settlement (in shares)     27,000              
Exercise of stock options and taxes paid for net share settlement (249) (249)     (249)          
Foreign currency translation adjustment (254) (254)             (254)  
Net income $ 4,225 4,236           4,236   (11)
Ending balance (in shares) at Mar. 31, 2024 13,202,000   13,202,000              
Ending balance at Mar. 31, 2024 $ 8,792 $ 4,106 $ 132 $ 0 $ 0 $ (9,537) $ (1,753) $ 20,125 $ (4,861) $ 4,686
[1] Includes a 1% excise tax applicable to share repurchases.