Travelzoo (TZOO) 10-Q 24 Apr 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 24, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Travelzoo Inc
Entity Central Index Key	1133311
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		14,730,454

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$53,975	$54,812
Accounts receivable, less allowance for doubtful accounts of $304 and $436 as of March 31, 2015 and December 31, 2014, respectively	15,974	14,608
Income tax receivable	2,885	3,756
Deposits	598	74
Deferred tax assets	1,482	1,311
Prepaid expenses and other	2,530	2,802
Total current assets	77,444	77,363
Deposits	559	1,087
Deferred tax assets	1,482	1,460
Restricted cash	1,325	1,393
Property and equipment, net	8,693	9,022
Intangible assets, net	104	163
Total assets	89,607	90,488
Current liabilities:
Accounts payable	22,526	23,008
Accrued expenses and other	10,518	10,135
Deferred revenue	1,470	1,192
Income tax payable	689	574
Reserve for unexchanged promotional shares	0	1,393
Total current liabilities	35,203	36,302
Long-term tax liabilities	11,608	10,936
Long-term deferred rent and other	3,194	3,436
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value per share (5,000 shares authorized; none issued)	0	0
Common stock, $0.01 par value (40,000 shares authorized; 15,801 shares issued, 14,730 shares outstanding as of March 31, 2015 and December 31, 2014)	163	163
Treasury stock (at cost, 1,071 shares at March 31, 2015 and December 31, 2014)	-21,517	-21,517
Additional paid-in capital	11,191	11,043
Retained earnings	55,031	53,122
Accumulated other comprehensive loss	-5,266	-2,997
Total stockholders’ equity	39,602	39,814
Total liabilities and stockholders’ equity	$89,607	$90,488

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$304	$436
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	15,801,000	15,801,000
Common stock, shares outstanding (in shares)	14,730,454	14,730,454
Treasury stock, shares (in shares)	1,071,000	1,071,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenues	$36,492	$40,195
Cost of revenues	4,234	4,777
Gross profit	32,258	35,418
Operating expenses:
Sales and marketing	17,996	17,843
General and administrative	10,460	10,578
Total operating expenses	28,456	28,421
Income from operations	3,802	6,997
Other income	-87	122
Income before income taxes	3,715	7,119
Income taxes	1,806	2,481
Net income	$1,909	$4,638
Basic net income (in dollars per share)	$0.13	$0.31
Diluted net income (in dollars per share)	$0.13	$0.31
Shares used in computing basic net income per share	14,730	14,880
Shares used in computing diluted net income per share	14,730	14,970

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$1,909	$4,638
Other comprehensive income (loss):
Foreign currency translation adjustment	-2,269	-83
Total comprehensive income (loss)	($360)	$4,555

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income	$1,909	$4,638
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	771	701
Provision for losses on accounts receivable	25	-52
Stock-based compensation	148	395
Deferred income tax	-222	76
Net foreign currency effect	111	-9
Changes in operating assets and liabilities:
Accounts receivable	-1,764	-1,288
Deposits	-37	133
Income tax receivable	851	1,266
Prepaid expenses and other	281	447
Accounts payable	201	-2,984
Reserve for unexchanged promotional shares	-1,393	-1,226
Accrued expenses	729	-1,179
Income tax payable	144	722
Other non-current liabilities	672	111
Net cash provided by operating activities	2,426	1,751
Cash flows from investing activities:
Purchases of property and equipment	-184	-1,019
Release of restricted cash	0	200
Net cash used in investing activities	-184	-819
Cash flows from financing activities:
Repurchase of common stock	0	-5,569
Reverse/forward stock split, including transaction costs	0	-479
Net cash used in financing activities	0	-6,048
Effect of exchange rate changes on cash and cash equivalents	-3,079	-72
Net decrease in cash and cash equivalents	-837	-5,188
Cash and cash equivalents at beginning of period	54,812	66,223
Cash and cash equivalents at end of period	53,975	61,035
Supplemental disclosure of cash flow information:
Cash paid for income taxes, net	361	335
Leasehold improvements accrued	$319	$757

The_Company_and_Basis_of_Prese

The Company and Basis of Presentation	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Basis of Presentation	The Company and Basis of Presentation
	Travelzoo Inc. (the “Company” or “Travelzoo”) is a global Internet media company. We inform over 27 million members in North America, Europe and Asia Pacific, as well as millions of website users, about the best travel, entertainment and local deals available from thousands of companies. Our deal experts source, research and test-book offers, recommending only those that meet Travelzoo’s rigorous quality standards. We provide travel, entertainment, and local businesses with a fast, flexible, and cost effective way to reach millions of consumers. Our revenues are generated primarily from advertising fees. In Asia Pacific, the Travelzoo business is operated by Travelzoo (Asia) Limited and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc. and is not owned by the Company.
	Our publications and products include the Travelzoo websites (www.travelzoo.com, www.travelzoo.ca, www.travelzoo.co.uk, www.travelzoo.de, www.travelzoo.es, www.travelzoo.fr, among others), the Travelzoo Top 20 e-mail newsletter, the Newsflash e-mail alert service, the SuperSearch pay-per-click travel search tool, and the Travelzoo Network, a network of third-party websites that list travel deals published by Travelzoo. Our Travelzoo websites include Local Deals and Getaways listings that allow our members to purchase vouchers for deals from local businesses such as spas, hotels and restaurants. We receive a percentage of the face value of the voucher from the local businesses. We also operate Fly.com, a travel search engine that allows users to quickly and easily find the best prices on flights from hundreds of airlines and online travel agencies.
	Since November 1, 2009, the Travelzoo websites in Asia Pacific (cn.travelzoo.com, www.travelzoo.co.jp, www.travelzoo.com.au, www.travelzoo.com.hk, www.travelzoo.com.tw, among others), the Travelzoo Top 20 e-mail newsletters in Asia Pacific and the Newsflash e-mail alert service in Asia Pacific have been published by Travelzoo (Asia) Limited and Travelzoo Japan K.K., wholly owned subsidiaries of Azzurro Capital Inc. ("Azzurro"), under a license agreement with the Company. There is a reciprocal revenue-sharing agreement among the entities operating the Travelzoo business in Asia Pacific and the Company related to cross-selling audiences.
	Ralph Bartel, who founded Travelzoo and who is a Director of the Company is the sole beneficiary of the Ralph Bartel 2005 Trust, which is the controlling shareholder of Azzurro Capital Inc. As of March 31, 2015, Azzurro is the Company's largest stockholder, holding approximately 49.1% of the Company's outstanding shares. Azzurro currently holds a proxy given to it by Holger Bartel that provides it with a total of 50.4% of the voting power.
	The accompanying unaudited condensed consolidated financial statements have been prepared by the Company in accordance with the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States of America have been condensed or omitted in accordance with such rules and regulations. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of the Company and its results of operations and cash flows. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes as of and for the year ended December 31, 2014, included in the Company’s Form 10-K filed with the SEC on February 17, 2015.
	The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. All foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated into U.S. dollars at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the period.
	The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015 or any other future period, and the Company makes no representations related thereto.
	The Company was formed as a result of a combination and merger of entities founded by the Company’s principal stockholder, Ralph Bartel. In 1998, Mr. Bartel founded Travelzoo.com Corporation, a Bahamas corporation, which issued 5,155,874 shares via the Internet to approximately 700,000 “Netsurfer stockholders” for no cash consideration, but subject to certain conditions as referred to below. In 1998, Mr. Bartel also founded Silicon Channels Corporation, a California corporation, to operate the Travelzoo website. During 2001, Travelzoo Inc. was formed as a subsidiary of Travelzoo.com Corporation, and Mr. Bartel contributed all of the outstanding shares of Silicon Channels Corporation to Travelzoo Inc. in exchange for 8,129,273 shares of Travelzoo Inc. and options to acquire an additional 2,158,349 shares at $1.00. Mr. Bartel exercised these options in January 2009.
	In April 2002, Travelzoo.com Corporation was merged into Travelzoo Inc. Under and subject to the terms of the merger agreement, holders of promotional shares of Travelzoo.com Corporation (“Netsurfers”) who established that they had satisfied certain prerequisite qualifications were allowed a period of 2 years following the effective date of the merger to receive one share of Travelzoo Inc. in exchange for each share of common stock of Travelzoo.com Corporation. The records of Travelzoo.com Corporation showed that, assuming all of the shares applied for by the Netsurfer stockholders were validly issued, there were 11,295,874 shares of Travelzoo.com Corporation outstanding. As of April 25, 2004, two years following the effective date of the merger, 7,180,342 shares of Travelzoo.com Corporation had been exchanged for shares of Travelzoo Inc. Prior to that date, the remaining shares which were available for issuance pursuant to the merger agreement were also included in the issued and outstanding common stock of Travelzoo Inc. and included in the calculation of basic and diluted earnings per share. After April 25, 2004, the Company ceased issuing shares to the former stockholders of Travelzoo.com Corporation; and therefore, no additional shares are reserved for issuance to any former stockholders, because their right to receive shares has now expired. Thereafter, the Company began to offer a voluntary cash program for those who established that they had satisfied certain prerequisite qualifications for Netsurfer promotional shares as further described below. On April 25, 2004, the number of shares reported as outstanding was reduced from 19,425,147 to 15,309,615 to reflect actual shares issued as of the expiration date. Earnings per share calculations reflect this reduction of the number of shares reported as outstanding. As of March 31, 2015, there were 14,730,454 shares of common stock outstanding.
	On April 21, 2011, the Company entered into an agreement with the State of Delaware resolving all claims relating to an unclaimed property review which began in 2010. The primary issue raised in the preliminary findings from the review, received by the Company on April 12, 2011, concerned the shares of Travelzoo which have not been claimed by former Netsurfer stockholders of Travelzoo.com, which remained unexchanged in the 2002 merger, as discussed in the preceding paragraph. In the preliminary findings under the unclaimed property review, up to 3.0 million shares were identified as “demandable” under Delaware escheat laws. While the Company continues to take the position that such shares were a promotional incentive and were issuable only to persons who establish their eligibility as stockholders, the Company determined that it was in its best interest to promptly resolve all claims relating to the unclaimed property review. The Company made a $20.0 million cash payment to the State of Delaware on April 27, 2011 and received a complete release of those claims from the state of Delaware.
	Since March 2012, the Company became subject to unclaimed property reviews by most of the other states in the United States. The auditing firm representing these states in the reviews has presented to the Company preliminary findings, which relate primarily to the promotional shares which remained unexchanged in the 2002 merger that were not covered by the settlement and release by the State of Delaware. During the three months ended March 31, 2012, the Company recorded a $3.0 million charge for the contingency related to the promotional shares which remained unexchanged in the 2002 merger.
	In October 2013, the Company entered into settlement agreements with 35 additional states to resolve those states’ claims related to similar unclaimed property audits. The multi-state settlement relates to approximately 700,000 additional shares of the Company that were not claimed by residents of those states following the merger, which those states claimed were subject to escheat. While the Company disputes the states’ claims, the Company determined that it was in its best interest to resolve the disputes and settle with 35 of the states. The remaining states, which were not included in the multi-state settlement as of October 2013, had potential claims on approximately 400,000 additional shares that were not claimed by residents in those states following the merger.
	During the year ended December 31, 2013, the Company recorded a $22.0 million charge related to settlements it entered into and for potential future settlements with the remaining states. During the year ended December 31, 2013, the Company made cash payments of $12.3 million to the settled states after completion of the required due diligence. During the year ended December 31, 2014, the Company settled with the remaining states and made cash payments of $3.7 million to the settled states after completion of the required due diligence. During the year ended December 31, 2014, the Company released $7.6 million of the reserve related to potential future settlements with the remaining states in connection with unexchanged promotional shares based upon the actual settlements with the remaining states under more favorable terms than previously estimated. As of December 31, 2014, the Company maintained estimated reserves related to the remaining settled states and made cash payments of $1.4 million to these settled states after completion of the required due diligence during the three months ended March 31, 2015.
	Although the Company has settled the states unclaimed property claims with all states, the Company may still receive inquiries from certain potential Netsurfer promotional stockholders that had not provided their state of residence to the Company by April 25, 2004. Therefore, the Company is continuing its voluntary program under which it makes cash payments to individuals related to the promotional shares for individuals whose residence was unknown by the Company and who establish that they satisfy the original conditions required for them to receive shares of Travelzoo.com Corporation, and who failed to submit requests to convert their shares into shares of Travelzoo Inc. within the required time period. This voluntary program is not available for individuals whose promotional shares have been escheated to a state by the Company, except those individuals for which their residence was unknown to the Company. The accompanying consolidated financial statements include a charge for payments under this voluntary program in general and administrative expenses of $2,000 for the three months ended March 31, 2015.
	The total cost of this voluntary program is not reliably estimable because it is based on the ultimate number of valid requests received and future levels of the Company’s common stock price. The Company’s common stock price affects the potential liability because the amount of cash payments under the program is based in part on the recent level of the stock price at the date valid requests are received. The Company does not know how many of the requests for shares originally received by Travelzoo.com Corporation in 1998 were valid, but the Company believes that only a portion of such requests were valid. In order to receive payment under this voluntary program, a person is required to establish that such person validly held shares in Travelzoo.com Corporation.

Net_Income_Per_Share

Net Income Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Net Income Per Share	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 per share (in thousands, except per share amounts):
		Three Months Ended
		March 31,
		2015		2014
	Basic net income per share:
	Net income	$	1,909	$	4,638
	Weighted average common shares	14,730		14,880
	Basic net income per share	$	0.13	$	0.31
	Diluted net income per share:
	Net income	$	1,909	$	4,638
	Weighted average common shares	14,730		14,880
	Effect of dilutive securities: stock options	—		90
	Diluted weighted average common shares	14,730		14,970
	Diluted net income per share	$	0.13	$	0.31
	For the three months ended March 31, 2015 and March 31, 2014, options to purchase 425,000 and 175,000 shares of common stock, respectively, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive.

Financial_Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments
	The following tables summarize our financial assets measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014 (in thousands):
		Fair Value Measurements at Reporting Date Using
				Quoted Prices in		Significant		Significant
				Active Markets		Other		Unobservable
				for Identical		Observable		Inputs
				Assets		Inputs
		Total		(Level 1)		(Level 2)		(Level 3)
	Balance at March 31, 2015
	Cash	$	53,975	$	53,975	$	—	$	—
	Total cash	$	53,975	$	53,975	$	—	$	—
	Certificates of deposit	$	675	$	—	$	675	$	—
	Merchant bank deposit	650		650		—		—
	Total restricted cash and cash equivalent	$	1,325	$	650	$	675	$	—
	Balance at December 31, 2014
	Cash	$	54,812	$	54,812	$	—	$	—
	Total cash	$	54,812	$	54,812	$	—	$	—
	Certificates of deposit	$	675	$	—	$	675	$	—
	Merchant bank deposit	718		718		—		—
	Total restricted cash and cash equivalent	$	1,393	$	718	$	675	$	—
	At March 31, 2015, accounts receivable and accounts payable are not measured at fair value; however, the Company believes that the carrying amounts of these assets and liabilities are a reasonable estimate of their fair value because of their relative short maturity. Accounts receivable and accounts payable are categorized as Level 2.
	There have been no transfers and no changes in valuation methods for these assets or liabilities for the periods ended March 31, 2015 and December 31, 2014.

Intangible_Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets
	Intangible assets consist of the following (in thousands):
		March 31,			December 31,
		2015			2014
	Internet domain names and technology	$	2,772		$	2,772
	Accumulated amortization	(2,668		)	(2,609		)
	Total	$	104		$	163
	Intangible assets have a useful life of 3 to 5 years. For the three months ended March 31, 2015 and 2014, amortization expense was $59,000 and $61,000, respectively.
	Future expected amortization expense related to intangible assets at March 31, 2015 is as follows (in thousands):
	Remainder of 2015	$	104
	Total	$	104
	The expected amortization expense is an estimate. Actual amounts of amortization expense may differ from estimated amounts due to additional intangible asset acquisitions, impairment of intangible assets, accelerated amortization of intangible assets and other events.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	On September 28, 2012, Metasearch Systems, LLC filed a lawsuit in the U.S. District Court for the District of Delaware against Travelzoo Inc. d/b/a Fly.com alleging infringement of several U.S. patents. Metasearch Systems alleges that the trip-planning metasearch service available on Fly.com infringes one or more claims of the asserted patents. During September 2012, Metasearch Systems filed similar lawsuits against several of Travelzoo's competitors including Expedia, Inc., Orbitz Worldwide, Inc., Travelocity.com, LP, Priceline.com, Inc., Yahoo! Inc., American Express Company, Kayak Software Corp., and BookIt.com. The action seeks unspecified damages and we are unable to estimate the possible loss or range of losses that could potentially result from the action. The Company believes that the action is without merit and intends to defend the suit vigorously.
	On April 21, 2011, the Company entered into an agreement with the State of Delaware resolving all claims relating to an unclaimed property review which began in 2010. The primary issue raised in the preliminary findings from the review, received by the Company on April 12, 2011, concerned the promotional shares which remained unexchanged in the 2002 merger (unexchanged promotional shares) as discussed further in Note 1. In the preliminary findings under the unclaimed property review, up to 3.0 million shares were identified as “demandable” under Delaware escheat laws. While the Company continues to take the position that such shares were a promotional incentive and were issuable only to persons who established their eligibility as stockholders, the Company determined that it was in its best interest to promptly resolve all claims relating to the unclaimed property review. The Company made a $20.0 million cash payment to the State of Delaware on April, 2011 and received a complete release of those claims.
	Since March 2012, the Company became subject to unclaimed property reviews by most of the other states in the U.S. that relate primarily to the unexchanged promotional shares, which were not covered by the settlement and release by the State of Delaware. During the three months ended March 31, 2012, the Company recorded a $3.0 million charge related to this unexchanged promotional shares contingency.
	In October 2013, the Company entered into settlement agreements with 35 additional states to resolve those states’ claims related to similar unclaimed property audits. The multi-state settlement relates to approximately 700,000 additional shares of the Company that were not claimed by residents of those states following the merger, which those states claim were subject to escheat. While the Company disputes the states’ claims, the Company determined that it was in its best interest to resolve the disputes and settle with 35 of the states. The remaining states, which were not included in the multi-state settlement as of October 2013, had potential claims on approximately 400,000 additional shares that were not claimed by residents in those states following the merger.
	During the year ended December 31, 2013, the Company recorded a $22.0 million charge related to settlements it entered into and for potential future settlements with the remaining states. During the year ended December 31, 2013, the Company made cash payments of $12.3 million to the settled states after completion of the required due diligence. During the year ended December 31, 2014, the Company settled with the remaining states and made cash payments of $3.7 million to the settled states after completion of the required due diligence. During the year ended December 31, 2014, the Company released $7.6 million of the reserve related to potential future settlements with the remaining states in connection with unexchanged promotional shares based upon the actual settlements with the remaining states under more favorable terms than previously estimated. As of December 31, 2014, the Company maintained estimated reserves related to the remaining settled states and made cash payments of $1.4 million to these settled states after completion of the required due diligence during the three months ending March 31, 2015.
	Although the Company has settled the states unclaimed property claims with all states, the Company may still receive inquiries from certain potential Netsurfer promotional stockholders that had not provided their state of residence to the Company by April 25, 2004. Therefore, the Company is continuing its voluntary program under which it makes cash payments to individuals related to the promotional shares for individuals whose residence was unknown by the Company and who establish that they satisfy the original conditions required for them to receive shares of Travelzoo.com Corporation, and who failed to submit requests to convert their shares into shares of Travelzoo Inc. within the required time period. This voluntary program is not available for individuals whose promotional shares have been escheated to a state by the Company, except those individuals for which their residence was unknown to the Company. The accompanying condensed consolidated financial statements include a charge in general and administrative expenses of $2,000 for these cash payments for the three months ended March 31, 2015. The total cost of this program is not reliably estimable because it is based on the ultimate number of valid requests received and future levels of the Company’s common stock price. The Company’s common stock price affects the liability because the amount of cash payments under the program is based in part on the recent level of the stock price at the date valid requests are received. The Company does not know how many of the requests for shares originally received by Travelzoo.com Corporation in 1998 were valid, but the Company believes that only a portion of such requests were valid. In order to receive payment under this voluntary program, a person is required to establish that such person validly held shares in Travelzoo.com Corporation.
	The Company leases office space in Canada, France, Germany, Spain, the U.K., and the U.S. under operating leases which expire between May 31, 2015 and November 30, 2024. We also have purchase commitments which represent the minimum obligations we have under agreements with certain of our vendors. These minimum obligations are less than our projected use for those periods. Payments may be more than the minimum obligations based on actual use.
	The following table summarizes principal contractual commitments as of March 31, 2015 (in thousands):
		2015		2016		2017		2018		2019		Thereafter		Total
	Operating leases	$	3,730	$	4,185	$	3,667	$	3,197	$	2,862	$	10,277	$	27,918
	Purchase Obligations	943		530		—		—		—		—		1,473
	Total commitments	4,673		4,715		3,667		3,197		2,862		10,277		29,391
	Local Deals and Getaways merchant payable included in accounts payable was $16.9 million and $18.1 million, as of March 31, 2015 and December 31, 2014, respectively.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	In determining the quarterly provisions for income taxes, the Company uses an estimated annual effective tax rate, which is generally based on our expected annual income and statutory tax rates in the U.S., Canada and U.K. For the three months ended March 31, 2015, the Company’s effective tax rate was 48.6%. For the three months ended March 31, 2014, the Company’s effective tax rate was 34.9%. Our effective tax rate increased for the three months ended March 31, 2015 from the three months ended March 31, 2014, due primarily to a $565,000 income tax expense for unrecognized tax benefits related to certain state tax matters.
	U.S. income and foreign withholding taxes have not been provided on undistributed earnings for certain non-U.S. subsidiaries. The undistributed earnings on a book basis for the non-U.S. subsidiaries as of March 31, 2015 are approximately $6.1 million. The Company intends to reinvest these earnings indefinitely in its operations outside the U.S. If the undistributed earnings are remitted to the U.S., these amounts would be taxable in the U.S. at the current federal and state tax rates net of foreign tax credits. Also, depending on the jurisdiction any distribution may be subject to withholding taxes at rates applicable for that jurisdiction. The estimated amount of the unrecognized deferred tax liability attributed to future dividend distributions of undistributed earnings is approximately $783,000 at March 31, 2015.
	The Company maintains liabilities for uncertain tax positions. At March 31, 2015, the Company had approximately $10.0 million in total unrecognized tax benefits, consisting of unrecognized tax benefits of approximately $8.6 million which, if recognized, would favorably affect the Company’s effective income tax rate, and unrecognized tax benefits of approximately $1.4 million, which if recognized, would be recorded in discontinued operations.
	The Company’s policy is to include interest and penalties related to unrecognized tax positions in income tax expense. To the extent accrued interest and penalties do not ultimately become payable, amounts accrued will be reduced and reflected as a reduction in the overall income tax provision in the period that such determination is made. As of March 31, 2015 and December 31, 2014, the Company had approximately $1.6 million and $1.5 million, respectively, in accrued interest and penalties related to uncertain tax positions. The Company is in various stages of multiple year examinations by federal taxing authorities. Although the timing of initiation, resolution and/or closure of audits is highly uncertain, it is reasonably possible that the balance of the gross unrecognized tax benefits related to the method of computing income taxes in certain jurisdictions and losses reported on certain income tax returns could significantly change in the next 12 months, including the $7.9 million unrecognized tax benefit related to the Company's 2011 settlement with the State of Delaware. These changes may occur through settlement with the taxing authorities or the expiration of the statute of limitations on the returns filed. The Company is unable to estimate the range of possible adjustments to the balance of the gross unrecognized tax benefits.
	The Company files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The Company is subject to U.S. federal and certain state tax examinations for years after 2009 and is subject to California tax examinations for years after 2005. The Company's 2009 and 2010 federal income returns are currently under examination, including a review of the impact of the sale of Asia Pacific business segment in 2009. These examinations may lead to ordinary course adjustments or proposed adjustments to our taxes or our net operating income. The Company has received a Revenue Agent’s Report (RAR) generally issued at the conclusion of an IRS examination, which was consistent with the Notice of Proposed Adjustment we received earlier from the IRS for the 2009 calendar year related to the sale of our Asia Pacific business segment with additional penalties. The RAR proposes an increase to the Company's U.S. taxable income which would result in additional federal tax, federal penalty and state tax expense totaling approximately $31 million, excluding interest and state penalties, if any. The proposed adjustment is primarily driven by IRS’s view that the Asia Pacific business segment assets sold by the Company had a significantly higher valuation than the sales proceeds the Company received upon the sale. The Company disagrees with the proposed adjustments and intends to vigorously contest them. The Company did not make any adjustments to its liabilities for uncertain tax positions related to the RAR during the three months ended March 31, 2015 because the Company does not believe the IRS’s valuation of Asia Pacific business segment assets is appropriate. If we are not able to resolve these proposed adjustments at the IRS examination level, we plan to pursue all available administrative and, if necessary, judicial remedies.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss
	The following table summarizes the changes in accumulated balances of other comprehensive loss (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Beginning balance	$	(2,997	)	$	(530	)
	Other comprehensive loss due to foreign currency transaction, net of tax	(2,269		)	(83		)
	Ending balance	$	(5,266	)	$	(613	)
	There were no amounts reclassified from accumulated other comprehensive income (loss) for the three months ended March 31, 2015 and 2014. Accumulated other comprehensive income (loss) consists of foreign currency translation gain or loss.

StockBased_Compensation_and_St

Stock-Based Compensation and Stock Options	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation and Stock Options	Stock-Based Compensation and Stock Options
	In November 2009, the Company granted an executive stock options to purchase 300,000 shares of common stock with an exercise price of $14.97, of which 75,000 options vest and become exercisable annually starting July 1, 2011. The options expire in November 2019. As of March 31, 2015, 300,000 of these options were outstanding and vested. As of March 31, 2015, there was no unrecognized stock-based compensation expense relating to these options. Total stock-based compensation for the three months ended March 31, 2015 and 2014 related to this option grant was nil and $187,000.
	In January 2012, the Company granted certain executives stock options to purchase 100,000 shares of common stock with an exercise price of $28.98, of which 25,000 options become exercisable annually starting January 23, 2013. The options expire in January 2022. As of March 31, 2015, 50,000 options were outstanding and 37,500 of these options were vested. During 2014, 25,000 options were canceled and 25,000 options were forfeited upon the departure of an executive. Total stock-based compensation for the three months ended March 31, 2015 and 2014 related to the outstanding stock option grant were $60,000 and $74,000, respectively. As of March 31, 2015, there was approximately $189,000 of unrecognized stock-based compensation expense relating to these options. This amount is expected to be recognized over 0.8 years. The Company used a forfeiture rate of 0% as the Company does not have enough historical forfeiture data to estimate the forfeiture rate. To the extent the actual forfeiture rate is greater than what we have anticipated, stock-based compensation related to these options will be lower than our expectations.
	In July 2013, the Company granted an executive stock options to purchase 75,000 shares of common stock with an exercise price of $29.58, of which 25,000 options become exercisable annually starting July 1, 2015. The options expire in July 2023. As of March 31, 2015, 75,000 options were outstanding and none of these options were vested. Total stock-based compensation for the three months ended March 31, 2015 and 2014 related to this option grant was $89,000 for each period. As of March 31, 2015, there was approximately $816,000 of unrecognized stock-based compensation expense relating to these options. This amount is expected to be recognized over 2.3 years. The Company used a forfeiture rate of 0% as the Company does not have enough historical forfeiture data to estimate the forfeiture rate. To the extent the actual forfeiture rate is greater than what we have anticipated, stock-based compensation related to these options will be lower than our expectations.

Stock_Repurchase_Program

Stock Repurchase Program	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Stock Repurchase Program	Stock Repurchase Program
	The Company's stock repurchase programs assist in offsetting the impact of dilution from employee equity compensation and for capital allocation purposes. Management is allowed discretion in the execution of the repurchase program based upon market conditions and consideration of capital allocation.
	In July 2012, the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock. There were 29,000 shares remaining to be repurchased under this program as of December 31, 2013.
	In January 2014, the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock. During the year ended December 31, 2014, the Company repurchased 261,000 shares of common stock for an aggregate purchase price of $5.9 million, which were recorded as part of treasury stock as of December 31, 2014. The Company did not repurchase any of its outstanding common stock during the three months ended March 31, 2015. There were 768,000 shares remaining to be repurchased under this program as of March 31, 2015.

ReverseForward_Stock_Split

Reverse/Forward Stock Split	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Reverse/Forward Stock Split	Reverse/Forward Stock Split
	On June 11, 2013, a Special Committee of the Company’s Board of Directors, consisting of three independent directors, unanimously approved a reverse/forward stock split transaction (collectively referred to as the “reverse/forward split”), subject to shareholder approval. The reverse/forward split was intended to reduce the Company’s shareholder account administration costs by reducing the number of its shareholders.
	On September 12, 2013, at the Company’s annual shareholders meeting, Travelzoo shareholders voted in favor of the reverse/forward split, with the transaction receiving the votes of both (A) a majority of the issued and outstanding shares of common stock and (B) a majority of the issued and outstanding shares of common stock that are not held or controlled, directly or indirectly, by directors or officers of the Company, including, without limitation, the shares held by Azzurro, our principal stockholder.
	On November 6, 2013, the Special Committee approved the execution of the transaction after receiving an opinion from a financial advisor regarding the fairness of the transaction from a financial point of view to the Company's shareholders whose positions, individually considered, consisted of fewer than 25 shares, of the per-share consideration to be received by such shareholders in the reverse/forward split. The Special Committee received legal counsel from Young Conaway Stargatt & Taylor, LLP in connection with its review of the transaction. In addition, the Company received legal counsel from Skadden, Arps, Slate, Meagher & Flom LLP and Bryan Cave LLP in connection with the transaction.
	On November 6, 2013, based upon the Special Committee’s approval of the transaction and the receipt of a fairness opinion from the financial advisor, the Company executed the shareholder approved reverse/forward split.
	The reverse/forward split transaction consisted of a 1-for-25 reverse stock split of the Company's outstanding common stock, followed immediately by a 25-for-1 forward stock split. Shareholders who held less than 25 shares immediately prior to the reverse stock split received a right to cash payment based on and equal to their resulting fractional interest times the price of a share equal to the higher of (a) the trailing ten day average trading price of the Company’s common stock immediately preceding the consummation date of the reverse/forward split or (b) the average aggregate sales price received in the sale on the open market of the shares resulting from aggregation of the fractionalized interests. Shareholders that held 25 or more shares of common stock immediately before the reverse/forward split did not receive a right to cash payment; instead these shareholders continued to hold the same number of shares after completion of the reverse/forward split as they held immediately prior. A description of the terms and conditions of the reverse/forward split was set forth in the Company’s definitive Proxy Statement for the 2013 annual shareholders meeting filed with the SEC on July 25, 2013.
	The reverse/forward split resulted in approximately 643,218 of the Company’s outstanding shares being fractionalized. Shareholders holding less than 25 shares of common stock immediately prior to the reverse split did not receive fractional shares in the reverse stock split; instead these shareholders had their shares converted into the right to receive a cash payment in exchange for and in proportion to the fractional share interests resulting from the reverse stock split. To fund the cash payment due to shareholders that held a right to receive cash from the transaction, the fractional share interests were aggregated by the Company’s transfer agent, who sold the aggregated shares in the open market following the execution of the transaction.
	As of December 31, 2013, the Company completed the sales of the aggregated fractional shares from the reverse/forward split in the open market and the sales proceeds of $13.6 million were held by the Company’s transfer agent in anticipation of the payment to be made to the fractionalized shareholders and were included in Funds Held for Reverse/Forward Stock Split on the Company’s balance sheet. As of December 31, 2013, the total amount payable of $13.7 million to fractionalized shareholders as a result of the execution of the reverse/forward split was reflected as a Payable to Shareholders for Reverse/Forward Stock Split on the Company’s balance sheet.
	For the year ended December 31, 2014, the Company’s retained earnings includes a total adjustment of $346,000 related to the reverse/forward split, which includes transaction costs. During the year ended December 31, 2014, the Company’s transfer agent issued checks amounting to $13.4 million to pay shareholders that held a right to cash in exchange for the fractional shares that were a result of the reverse/forward split. The Company's transfer agent intends to pay $191,000 due to the remaining shareholders that hold a right to cash after receiving the required documentation regarding their physical stock certificates. As of March 31, 2015, the sale proceeds of $191,000 are held by the Company’s transfer agent in anticipation of the payment to be made to the fractionalized shareholders and are included in Prepaid Expense and Other on the Company’s balance sheet. As of March 31, 2015, the total amount payable of $191,000 to fractionalized shareholders as a result of the execution of the reverse/forward split is included in Accrued Expenses and Other on the Company’s balance sheet.

Segment_Reporting_and_Signific

Segment Reporting and Significant Customer Information	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segments 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.
	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:
	Three Months Ended March 31, 2015	North		Europe		Elimination and Other			Consolidated
		America
	Revenues from unaffiliated customers	$	24,713	$	11,779	$	—		$	36,492
	Intersegment revenues	257		38		(295		)	—
	Total net revenues	24,970		11,817		(295		)	36,492
	Operating income	$	2,080	$	1,722	$	—		$	3,802
	Three Months Ended March 31, 2014	North		Europe		Elimination and Other			Consolidated
		America
	Revenues from unaffiliated customers	$	26,353	$	13,842	$	—		$	40,195
	Intersegment revenues	221		12		(233		)	—
	Total net revenues	26,574		13,854		(233		)	40,195
	Operating income	$	4,604	$	2,393	$	—		$	6,997
	As of March 31, 2015	North		Europe		Elimination			Consolidated
		America
	Long-lived assets	$	7,536	$	1,261	$	—		$	8,797
	Total assets	$	74,790	$	38,593	$	(23,776	)	$	89,607
	As of December 31, 2014	North		Europe		Elimination			Consolidated
		America
	Long-lived assets	$	7,678	$	1,507	$	—		$	9,185
	Total assets	$	73,508	$	40,818	$	(23,838	)	$	90,488
	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 three months ended March 31, 2015 and 2014, the Company did not have any customers that accounted for 10% or more of revenue. As of March 31, 2015 and December 31, 2014, the Company had one customer that accounted for 13% and 11%, respectively, of accounts receivable.
	The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaways vouchers and hotel booking. Search revenue includes SuperSearch and Fly.com. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings).
		Three Months Ended
		March 31,
		2015		2014
	North America
	Travel	$	16,007	$	17,229
	Search	4,548		3,854
	Local	4,158		5,270
	Total North America revenues	$	24,713	$	26,353
	Europe
	Travel	$	9,737	$	11,193
	Search	559		979
	Local	1,483		1,670
	Total Europe revenues	$	11,779	$	13,842
	Consolidated
	Travel	$	25,744	$	28,422
	Search	5,107		4,833
	Local	5,641		6,940
	Total revenues	$	36,492	$	40,195
	Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Revenue
	United States	$	23,431	$	24,740
	United Kingdom	7,871		9,212
	Rest of the world	5,190		6,243
	Total revenues	$	36,492	$	40,195
	The following table sets forth long lived asset by geographic area (in thousands):
		As of March 31, 2015		As of December 31,
	United States	$	7,107	$	7,646
	Rest of the world	1,690		1,539
	Total long lived assets	$	8,797	$	9,185

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions
	Ralph Bartel, who founded Travelzoo and who is a Director of the Company is the sole beneficiary of the Ralph Bartel 2005 Trust, which is the controlling shareholder of Azzurro Capital Inc. As of March 31, 2015, Azzurro is the Company's largest stockholder, holding approximately 49.1% of the Company's outstanding shares. Azzurro currently holds a proxy given to it by Mr. Holger Bartel that provides it with a total of 50.4% of the voting power.
	In 2009, the Company sold its Asia Pacific operating segment to Travelzoo (Asia) Limited and Travelzoo Japan K.K., subsidiaries of Azzurro Capital Inc. There is a reciprocal revenue-sharing and hosting agreement among the Azzurro entities operating the Travelzoo business in Asia Pacific and the Company related to cross-selling audiences and hosting and development services by the Company, which were entered into in connection with the sale of Asia Pacific business segment. The fees generated by the Company under these agreements amounted to $80,000 and $187,000 for the three months ended March 31, 2015 and 2014, respectively. The fees incurred by the Company under these agreements amounted to $7,000 and $28,000 for the three months ended March 31, 2014 and 2015, respectively. The Company presents the receivables and payables with the Azzurro entities operating the Travelzoo business in Asia Pacific under these agreements on a net basis on the balance sheet as they are subject to a net settlement agreement as of March 31, 2015. The Company's net receivable was $609,000 and $553,000 as of March 31, 2015 and December 31, 2014, respectively, and are included in prepaid expenses and other current assets in the accompanying unaudited condensed consolidated balance sheets. This net receivable is covered by a Guarantee Agreement between Travelzoo and Azzuro Capital, which provides assurance it will be collected in full. In addition, as part of the sale of the Asia Pacific operating segment in 2009, the Company obtained an option, which expires in June 2020, to repurchase the Asia Pacific business pursuant to the terms of the option agreement.

Net_Income_Per_Share_Tables

Net Income Per Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Basic and diluted net income per share	The following table sets forth the calculation of basic and diluted net income per share (in thousands, except per share amounts):
		Three Months Ended
		March 31,
		2015		2014
	Basic net income per share:
	Net income	$	1,909	$	4,638
	Weighted average common shares	14,730		14,880
	Basic net income per share	$	0.13	$	0.31
	Diluted net income per share:
	Net income	$	1,909	$	4,638
	Weighted average common shares	14,730		14,880
	Effect of dilutive securities: stock options	—		90
	Diluted weighted average common shares	14,730		14,970
	Diluted net income per share	$	0.13	$	0.31

Financial_Instruments_Tables

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Presentation of fair value of financial assets using the inputs	The following tables summarize our financial assets measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014 (in thousands):
		Fair Value Measurements at Reporting Date Using
				Quoted Prices in		Significant		Significant
				Active Markets		Other		Unobservable
				for Identical		Observable		Inputs
				Assets		Inputs
		Total		(Level 1)		(Level 2)		(Level 3)
	Balance at March 31, 2015
	Cash	$	53,975	$	53,975	$	—	$	—
	Total cash	$	53,975	$	53,975	$	—	$	—
	Certificates of deposit	$	675	$	—	$	675	$	—
	Merchant bank deposit	650		650		—		—
	Total restricted cash and cash equivalent	$	1,325	$	650	$	675	$	—
	Balance at December 31, 2014
	Cash	$	54,812	$	54,812	$	—	$	—
	Total cash	$	54,812	$	54,812	$	—	$	—
	Certificates of deposit	$	675	$	—	$	675	$	—
	Merchant bank deposit	718		718		—		—
	Total restricted cash and cash equivalent	$	1,393	$	718	$	675	$	—

Intangible_Assets_Tables

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of intangible assets	Intangible assets consist of the following (in thousands):
		March 31,			December 31,
		2015			2014
	Internet domain names and technology	$	2,772		$	2,772
	Accumulated amortization	(2,668		)	(2,609		)
	Total	$	104		$	163
Summary of future expected amortization expense related to intangible assets	Future expected amortization expense related to intangible assets at March 31, 2015 is as follows (in thousands):
	Remainder of 2015	$	104
	Total	$	104

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Lease Payments for Operating Leases	The following table summarizes principal contractual commitments as of March 31, 2015 (in thousands):
		2015		2016		2017		2018		2019		Thereafter		Total
	Operating leases	$	3,730	$	4,185	$	3,667	$	3,197	$	2,862	$	10,277	$	27,918
	Purchase Obligations	943		530		—		—		—		—		1,473
	Total commitments	4,673		4,715		3,667		3,197		2,862		10,277		29,391

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table summarizes the changes in accumulated balances of other comprehensive loss (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Beginning balance	$	(2,997	)	$	(530	)
	Other comprehensive loss due to foreign currency transaction, net of tax	(2,269		)	(83		)
	Ending balance	$	(5,266	)	$	(613	)

Segment_Reporting_and_Signific1

Segment Reporting and Significant Customer Information (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Summary of operating results from continuing operations and assets by business segment	The following is a summary of operating results and assets (in thousands) by business segment:
	Three Months Ended March 31, 2015	North		Europe		Elimination and Other			Consolidated
		America
	Revenues from unaffiliated customers	$	24,713	$	11,779	$	—		$	36,492
	Intersegment revenues	257		38		(295		)	—
	Total net revenues	24,970		11,817		(295		)	36,492
	Operating income	$	2,080	$	1,722	$	—		$	3,802
	Three Months Ended March 31, 2014	North		Europe		Elimination and Other			Consolidated
		America
	Revenues from unaffiliated customers	$	26,353	$	13,842	$	—		$	40,195
	Intersegment revenues	221		12		(233		)	—
	Total net revenues	26,574		13,854		(233		)	40,195
	Operating income	$	4,604	$	2,393	$	—		$	6,997
Reconciliation of total assets from reportable segments to consolidated assets
	As of March 31, 2015	North		Europe		Elimination			Consolidated
		America
	Long-lived assets	$	7,536	$	1,261	$	—		$	8,797
	Total assets	$	74,790	$	38,593	$	(23,776	)	$	89,607
	As of December 31, 2014	North		Europe		Elimination			Consolidated
		America
	Long-lived assets	$	7,678	$	1,507	$	—		$	9,185
	Total assets	$	73,508	$	40,818	$	(23,838	)	$	90,488
Breakdown of revenues and long-lived assets	The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Website, Newsflash, Travelzoo Network), Getaways vouchers and hotel booking. Search revenue includes SuperSearch and Fly.com. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings).
		Three Months Ended
		March 31,
		2015		2014
	North America
	Travel	$	16,007	$	17,229
	Search	4,548		3,854
	Local	4,158		5,270
	Total North America revenues	$	24,713	$	26,353
	Europe
	Travel	$	9,737	$	11,193
	Search	559		979
	Local	1,483		1,670
	Total Europe revenues	$	11,779	$	13,842
	Consolidated
	Travel	$	25,744	$	28,422
	Search	5,107		4,833
	Local	5,641		6,940
	Total revenues	$	36,492	$	40,195
	Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Revenue
	United States	$	23,431	$	24,740
	United Kingdom	7,871		9,212
	Rest of the world	5,190		6,243
	Total revenues	$	36,492	$	40,195
	The following table sets forth long lived asset by geographic area (in thousands):
		As of March 31, 2015		As of December 31,
	United States	$	7,107	$	7,646
	Rest of the world	1,690		1,539
	Total long lived assets	$	8,797	$	9,185

The_Company_and_Basis_of_Prese1

The Company and Basis of Presentation (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

Apr. 27, 2011

Apr. 12, 2011

Jan. 31, 2009

Apr. 30, 2002

Mar. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2001

Dec. 31, 1998

Oct. 31, 2013

Mar. 31, 2012

Apr. 25, 2004

Apr. 24, 2004

Subscriber

netsurfer_stockholder

state

The Company and Basis of Presentation (Additional Textual) [Abstract]

Number of subscribers (more than)

27,000,000

Shares Issued via Internet

5,155,874

Number of Netsurfer Stockholders

700,000

Outstanding shares of Silicon Channels Corporation to Travelzoo Inc. exchanged

8,129,273

Additional shares acquired

2,158,349

Price per share of additional shares acquired (in dollars per share)

$1

Time of option exercised

Jan-09

Shares of Parent company outstanding

11,295,874

Shares of Parent company exchanged for shares of Subsidiary company

7,180,342

Number of shares outstanding

14,730,454

14,730,454

15,309,615

19,425,147

Shares identified as demandable (up to)

3,000,000

Cash payment to receive a complete release of claims

$20,000,000

Charge during period for the unexchanged shares

22,000,000

Release of reserve related to anticipated settlement agreements

7,600,000

Charge in general and administrative expenses

2,000

Pending Litigation | Unclaimed Property Review

The Company and Basis of Presentation (Additional Textual) [Abstract]

Payments for Legal Settlements

1,400,000

3,700,000

12,300,000

Travel zoo.com corporation

The Company and Basis of Presentation (Additional Textual) [Abstract]

Period for receiving shares under merger

2 years

Number of Shares Under Merger

1

Liability For Unexchanged Promotional Shares

The Company and Basis of Presentation (Additional Textual) [Abstract]

Charge related to unexchanged merger shares contingency

$3,000,000

Total number of states that have raised claims

35

Approximate number of shares of the Company claimed in the multi-state settlement

700,000

Additional number of shares of the Company that may be claimed

400,000

Board of Directors Chairman

The Company and Basis of Presentation (Additional Textual) [Abstract]

Percent of outstanding shares held by related party

49.10%

Voting Rights, Percentage

50.40%

Net_Income_Per_Share_Details

Net Income Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Basic net income per share:
Net income	$1,909	$4,638
Weighted average common shares	14,730	14,880
Basic net income (in dollars per share)	$0.13	$0.31
Diluted net income per share:
Net income	$1,909	$4,638
Weighted average common shares	14,730	14,880
Effect of dilutive securities: stock options (in shares)	0	90
Diluted weighted average common shares	14,730	14,970
Diluted net income (in dollars per share)	$0.13	$0.31

Net_Income_Per_Share_Details_T

Net Income Per Share (Details Textual)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net Income (Loss) Per Share (Textual) [Abstract]
Anti-dilutive shares not included in computation of net income (loss) per common share	425	175

Financial_Instruments_Details

Financial Instruments (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Presentation of fair value of financial assets using the inputs
Total financial assets	$1,325	$1,393
Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	650	718
Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	675	675
Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Cash
Presentation of fair value of financial assets using the inputs
Total financial assets	53,975	54,812
Cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	53,975	54,812
Cash | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Cash | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Total cash
Presentation of fair value of financial assets using the inputs
Total financial assets	53,975	54,812
Total cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	53,975	54,812
Total cash | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Total cash | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Certificates of deposit
Presentation of fair value of financial assets using the inputs
Total financial assets	675	675
Certificates of deposit | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Certificates of deposit | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	675	675
Certificates of deposit | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Merchant bank deposit
Presentation of fair value of financial assets using the inputs
Total financial assets	650	718
Merchant bank deposit | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	650	718
Merchant bank deposit | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Merchant bank deposit | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	$0	$0

Intangible_Assets_Details

Intangible Assets (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Summary of intangible assets
Internet domain names and technology	$2,772	$2,772
Accumulated amortization	-2,668	-2,609
Total	$104	$163

Intangible_Assets_Details_1

Intangible Assets (Details 1) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Summary of future expected amortization expense related to intangible assets
Remainder of 2015	$104
Total	$104	$163

Intangible_Assets_Details_Text

Intangible Assets (Details Textual) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Intangible Assets (Textual) [Abstract]
Amortization expense	$59	$61
Minimum
Intangible Assets (Textual) [Abstract]
Intangible assets, useful life (in years)	3 years
Maximum
Intangible Assets (Textual) [Abstract]
Intangible assets, useful life (in years)	5 years

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	0 Months Ended		3 Months Ended	12 Months Ended		1 Months Ended	3 Months Ended
	Apr. 27, 2011	Apr. 12, 2011	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Oct. 31, 2013	Mar. 31, 2012
						state
Commitments and Contingencies Disclosure [Abstract]
Share identified as demandable (up to)		3,000,000
Cash payment to receive a complete release of claims	$20,000,000
Loss Contingencies
Charge during period for the unexchanged shares					22,000,000
Release of reserve related to anticipated settlement agreements				7,600,000
Charge in general and administrative expenses			2,000
Operating Leases, Future Minimum Payments Receivable [Abstract]
2015			3,730,000
2016			4,185,000
2017			3,667,000
2018			3,197,000
2019			2,862,000
Thereafter			10,277,000
Total			27,918,000
Purchase Obligation, Fiscal Year Maturity [Abstract]
2015			943,000
2016			530,000
2017			0
2018			0
2019			0
Thereafter			0
Total			1,473,000
Contractual Obligation, Fiscal Year Maturity [Abstract]
Total Commitments, Due in Next Fiscal Year			4,673,000
Total Commitments, Due in Second Year			4,715,000
Total Commitments, Due in Third Year			3,667,000
Total Commitments, Due in Fourth Year			3,197,000
Total Commitments, Due in Fifth Year			2,862,000
Total Commitments, Due after Fifth Year			10,277,000
Total commitments			29,391,000
Local deals and getaway merchant payables			16,900,000	18,100,000
Pending Litigation | Unclaimed Property Review
Loss Contingencies
Payments for Legal Settlements			1,400,000	3,700,000	12,300,000
Liability For Unexchanged Promotional Shares
Commitments and Contingencies Disclosure [Abstract]
Charge related to unexchanged merger shares contingency							$3,000,000
Loss Contingencies
Total number of states that have raised claims						35
Approximate number of shares of the Company claimed in the multi-state settlement						700,000
Additional number of shares of the Company that may be claimed						400,000

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Income Taxes (Textual) [Abstract]
Effective tax rate (percent)	48.60%	34.90%
Unrecognized tax benefits, increase resulting from prior period tax positions	$565,000
Undistributed earnings on a book basis for the non-U.S. subsidiaries	6,100,000
Unrecognized deferred tax liability related to undistributed earnings of non-U.S. subsidiaries	783,000
Total unrecognized tax benefits	10,000,000
Unrecognized tax benefits affecting the company's effective income tax rate	8,600,000
Unrecognized tax benefits to be recorded in discontinued operations	1,400,000
Accrued interest and penalties	1,600,000		1,500,000
Significant change in unrecognized tax benefits that is reasonably possible	7,900,000
Expected additional federal and state tax expense	$31,000,000

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance	($2,997,000)	($530,000)
Ending balance	-5,266,000	-613,000
Amounts reclassified from Accumulated Other Comprehensive Income	0	0
Foreign Currency Translation
Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive loss due to foreign currency transaction, net of tax	($2,269,000)	($83,000)

StockBased_Compensation_and_St1

Stock-Based Compensation and Stock Options (Details) (Stock Options, USD $)	3 Months Ended	1 Months Ended	3 Months Ended	1 Months Ended	12 Months Ended	1 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Nov. 30, 2009	Mar. 31, 2014	Jan. 31, 2012	Dec. 31, 2014	Jul. 31, 2013
Stock-Based Compensation (Textual) [Abstract]
Share based payment award, options, valuation assumption, forfeiture rate (percent)	0.00%
November 2009 Plan
Stock-Based Compensation (Textual) [Abstract]
Employee options granted to purchase shares of common stock		300,000
Exercise price of employee option shares of common stock (in dollars per share)		$14.97
Options vest and become exercisable annually		75,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	300,000
Options vested	300,000
Total stock-based compensation	0		$187
January 2012 Plan
Stock-Based Compensation (Textual) [Abstract]
Employee options granted to purchase shares of common stock				100,000
Exercise price of employee option shares of common stock (in dollars per share)				$28.98
Options vest and become exercisable annually				25,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	50,000
Options vested	37,500
Options canceled					25,000
Options forfeited					25,000
Total stock-based compensation	60		74
Unrecognized stock-based compensation expense	189
Expected duration for recognition of stock based compensation expense (in years)	0 years 9 months 23 days
July 2013 Plan
Stock-Based Compensation (Textual) [Abstract]
Employee options granted to purchase shares of common stock						75,000
Exercise price of employee option shares of common stock (in dollars per share)						$29.58
Options vest and become exercisable annually						25,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	75,000
Options vested	0
Total stock-based compensation	89		89
Unrecognized stock-based compensation expense	816
Expected duration for recognition of stock based compensation expense (in years)	2 years 3 months 17 days

Stock_Repurchase_Program_Detai

Stock Repurchase Program (Details) (USD $)	3 Months Ended	12 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Jan. 31, 2014	Dec. 31, 2013	Jul. 31, 2012
Class of Stock [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased			1,000,000		1,000,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	768,000			29,000
Treasury Stock
Class of Stock [Line Items]
Stock Repurchased and Retired During Period, Shares	0	261,000
Stock Repurchased During Period, Value		$5.90

ReverseForward_Stock_Split_Det

Reverse/Forward Stock Split (Details) (USD $)	0 Months Ended	12 Months Ended
	Nov. 06, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2015
Class of Stock [Line Items]
Stock Issued During Period, Shares, Reverse/Forward Stock Splits	643,218
Proceeds from Issuance of Common Stock			$13,600,000
Reserve for unexchanged promotional shares			13,700,000	191,000
Adjustments to Additional Paid in Capital, Stock Split		346,000
Payments for Repurchase of Common Stock		$13,400,000
Reverse Stock Split
Class of Stock [Line Items]
Stockholders' Equity Note, Stock Split, Conversion Ratio	0.04
Forward Stock Split
Class of Stock [Line Items]
Stockholders' Equity Note, Stock Split, Conversion Ratio	25

Segment_Reporting_and_Signific2

Segment Reporting and Significant Customer Information - Operating Results from Continuing Operations and Assets by Business Segment (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Summary of operating results from continuing operations and assets by business segment
Revenues	$36,492	$40,195
Operating income	3,802	6,997
North America
Summary of operating results from continuing operations and assets by business segment
Revenues	24,713	26,353
Operating income	2,080	4,604
Europe
Summary of operating results from continuing operations and assets by business segment
Revenues	11,779	13,842
Operating income	1,722	2,393
Operating Segments
Summary of operating results from continuing operations and assets by business segment
Revenues	36,492	40,195
Operating Segments | North America
Summary of operating results from continuing operations and assets by business segment
Revenues	24,970	26,574
Operating Segments | Europe
Summary of operating results from continuing operations and assets by business segment
Revenues	11,817	13,854
Elimination
Summary of operating results from continuing operations and assets by business segment
Revenues	-295	-233
Operating income	0	0
Elimination | North America
Summary of operating results from continuing operations and assets by business segment
Revenues	257	221
Elimination | Europe
Summary of operating results from continuing operations and assets by business segment
Revenues	$38	$12

Segment_Reporting_and_Signific3

Segment Reporting and Significant Customer Information - Assets by Segment (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Revenue for each segment recognized based on customer location
Long-lived assets	$8,797	$9,185
Total assets	89,607	90,488
Operating Segments | North America
Revenue for each segment recognized based on customer location
Long-lived assets	7,536	7,678
Total assets	74,790	73,508
Operating Segments | Europe
Revenue for each segment recognized based on customer location
Long-lived assets	1,261	1,507
Total assets	38,593	40,818
Elimination
Revenue for each segment recognized based on customer location
Long-lived assets	0	0
Total assets	($23,776)	($23,838)

Segment_Reporting_and_Signific4

Segment Reporting and Significant Customer Information - Revenue by Type and Segment (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Breakdown of revenues by type and segment
Total revenues	$36,492	$40,195
Travel
Breakdown of revenues by type and segment
Total revenues	25,744	28,422
Search
Breakdown of revenues by type and segment
Total revenues	5,107	4,833
Local
Breakdown of revenues by type and segment
Total revenues	5,641	6,940
North America
Breakdown of revenues by type and segment
Total revenues	24,713	26,353
North America | Travel
Breakdown of revenues by type and segment
Total revenues	16,007	17,229
North America | Search
Breakdown of revenues by type and segment
Total revenues	4,548	3,854
North America | Local
Breakdown of revenues by type and segment
Total revenues	4,158	5,270
Europe
Breakdown of revenues by type and segment
Total revenues	11,779	13,842
Europe | Travel
Breakdown of revenues by type and segment
Total revenues	9,737	11,193
Europe | Search
Breakdown of revenues by type and segment
Total revenues	559	979
Europe | Local
Breakdown of revenues by type and segment
Total revenues	$1,483	$1,670

Segment_Reporting_and_Signific5

Segment Reporting and Significant Customer Information - Revenue for Individual Countries that Exceed 10% of Total Revenue (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenue, Major Customer [Line Items]
Total revenues	$36,492	$40,195
United States
Revenue, Major Customer [Line Items]
Total revenues	23,431	24,740
United Kingdom
Revenue, Major Customer [Line Items]
Total revenues	7,871	9,212
Rest of the world
Revenue, Major Customer [Line Items]
Total revenues	$5,190	$6,243

Segment_Reporting_and_Signific6

Segment Reporting and Significant Customer Information - Long Lives Assets by Geographic Area (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Revenues from External Customers and Long-Lived Assets
Long-lived assets	$8,797	$9,185
United States
Revenues from External Customers and Long-Lived Assets
Long-lived assets	7,107	7,646
Rest of the world
Revenues from External Customers and Long-Lived Assets
Long-lived assets	$1,690	$1,539

Segment_Reporting_and_Signific7

Segment Reporting and Significant Customer Information - Narrative (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	segment		customer
Segments (Textual) [Abstract]
Number of reportable operating segments	2
Revenue | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage		10.00%
Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Number of customers	1		1
Concentration risk percentage	13.00%		11.00%

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Board of Directors Chairman
Related Party Transaction
Percent of outstanding shares held by related party	49.10%
Voting Rights, Percentage	50.40%
Travelzoo (Asia) Limited and Travelzoo Japan K.K.
Related Party Transaction
Revenue from Related Parties	$80	$187
Related Party Transaction, Expenses from Transactions with Related Party	28	7
Company receivables part of prepaid expenses and other current assets	$609		$553