Travelzoo 2013 Annual Report Download - page 97
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62
The details of changes to the allowance for doubtful accounts and reserve for subscriber refunds are as follows (in
thousands):
Allowance
for doubtful
accounts
Reserve for
subscriber
refunds
Balance at January 1, 2011 $ 386 $ 70
Additions — charged to costs and expenses, or contra revenue, net 173 2,234
Deductions — recoveries of amounts previously charged-off (123) —
Deductions — write-offs (36)(1,411)
Balance at December 31, 2011 400 893
Additions — charged to costs and expenses, or contra revenue, net 304 2,275
Deductions — recoveries of amounts previously charged-off — —
Deductions — write-offs (206)(2,178)
Balance at December 31, 2012 498 990
Additions — charged to costs and expenses, or contra revenue, net 77 818
Deductions — recoveries of amounts previously charged-off (21) —
Deductions — write-offs (126)(1,052)
Balance at December 31, 2013 $ 428 $ 756
Local Deals and Getaway merchant payable included in accounts payable was $27.2 million and $23.4 million, as of
December 31, 2013 and 2012, respectively.
The details of accrued expenses consist of the following (in thousands):
December 31,
2013 2012
Accrued advertising expense $ 2,859 $ 2,059
Accrued compensation expense 4,718 3,879
Accrued payments to merchants 98 101
Other accrued expenses 2,112 1,964
Reserve for subscriber refunds 756 990
Total accrued expenses $ 10,543 $ 8,993