Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2026

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
	March 31,
	2026		2025
Numerator:
Net income attributable to Travelzoo	$	2,478	$	3,167

Denominator:
Weighted average common shares—basic	10,837		11,670
Effect of dilutive securities: stock options	—		579
Weighted average common shares—diluted	10,837		12,249




Net income per share —basic	$	0.23	$	0.27




Net income per share—diluted	$	0.23	$	0.26