Travelzoo 2015 Annual Report Download - page 74

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31
Item 6. Selected Consolidated Financial Data
The selected consolidated financial data set forth below for the years ended December 31, 2015, 2014 and 2013 are
derived from our audited consolidated financial statements. The selected consolidated financial data set forth below for the
years ended December 31, 2012 and 2011 represent unaudited consolidated financial statements presented on a basis consistent
with those for years ended December 31, 2015, 2014 and 2013. The financial results for Travelzoo Inc. have been
retrospectively adjusted to include the financial results of Asia Pacific in the current and prior periods as though the transaction
occurred at the beginning of each period presented. See Note 13 to the accompanying consolidated financial statements for
further information related to the acquisition of the Travelzoo Asia Pacific business. The following selected consolidated
financial data is qualified in its entirety by, and should be read in conjunction with, “Management's Discussion and Analysis of
Financial Condition and Results of Operations” and the consolidated financial statements and the notes thereto included
elsewhere herein.
Consolidated Statement of Operations Data:
Year Ended December 31,
2015 2014 2013 2012 2011
(In thousands, except per share data)
Revenues $ 141,716 $ 153,240 $ 170,633 $ 162,159 $ 156,032
Income from operations $ 7,146 $ 17,810 $ 1,161 $ 21,843 $ 10,256
Net income (loss) $ 10,864 $ 13,062 $ (6,582) $ 14,456 $ (1,390)
Net income (loss) per share - basic $ 0.74 $ 0.88 $ (0.43) $ 0.91 $ (0.09)
Net income (loss) per share - diluted $ 0.74 $ 0.88 $ (0.43) $ 0.91 $ (0.09)
Shares used in per share calculation - basic 14,722 14,768 15,269 15,866 16,315
Shares used in per share calculation - diluted 14,722 14,809 15,269 15,901 16,315
Consolidated Balance Sheet Data:
Year Ended December 31,
2015 2014 2013 2012 2011
(In thousands)
Cash and cash equivalents $ 35,128 $ 55,417 $ 68,668 $ 65,005 $ 40,909
Working capital $ 16,046 $ 36,259 $ 29,194 $ 42,358 $ 28,824
Total assets $ 68,579 $ 93,307 $ 119,440 $ 103,722 $ 72,128
Stockholders' equity $ 21,387 $ 35,827 $ 30,096 $ 43,583 $ 35,730