Source document: travelzoo_2019

Question: What is the amount of revenue in 2019 and 2018 respectively?
Facts: $67,314; $68,024
Answer: $68,024; $67,314 thousand

Question: What is the amount of income from operations in 2019 and 2018 respectively?
Facts: $12,491; $9,587
Answer: $12,491; $9,587 thousand

Question: How much did North America expenses decrease by from 2018 to 2019?
Facts: $2.2 million
Answer: $2.2 million

Question: What is the change in income from operations between 2019 and 2018?
Facts: 12,491; 9,587
Derivation: 12,491-9,587
Answer: 2904 thousand

Question: What is the average amount of revenues for 2018 and 2019?
Facts: 67,314; 68,024
Derivation: (68,024+ 67,314)/2
Answer: 67669 thousand

Question: What is the percentage change in revenues from 2018 to 2019?
Facts: 67,314; 68,024
Derivation: (68,024-67,314)/67,314
Answer: 1.05 percent

Question: Which market is the Company's common stock traded in?
Facts: NASDAQ Global Select Market
Answer: NASDAQ Global Select Market

Question: What is the symbol of the Company's common stock trading on the NASDAQ Global Select Market?
Facts: TZOO
Answer: TZOO

Question: What is the high and low sale prices of the common stock in the fourth quarter of 2019 respectively?
Facts: $11.44; $9.47
Answer: $11.44; $9.47

Question: What is the difference in the high and low prices of the common stock in the fourth quarter of 2019?
Facts: 11.44; 9.47
Derivation: 11.44-9.47
Answer: 1.97

Question: What is the average quarterly low price for 2019?
Facts: 10.26; 12.61; 8.87; 9.47
Derivation: (9.47+10.26+12.61+8.87)/4
Answer: 10.3

Question: In 2019, what is the change in high price between the third quarter and fourth quarter?
Facts: 11.44; 14.96
Derivation: 11.44-14.96
Answer: -3.52

Question: What is the prepaid expenses for 2019 and 2018 respectively?
Facts: $1,780; $2,303
Answer: $2,303; $1,780 thousand

Question: What is the value of the other current assets for 2019 and 2018 respectively?
Facts: 167; 193
Answer: 193; 167 thousand

Question: What is the value of the total prepaid expenses and other for 2019 and 2018 respectively?
Facts: $1,947; $2,496
Answer: $2,496; $1,947 thousand

Question: What is the change in prepaid expenses between 2018 and 2019?
Facts: 1,780; 2,303
Derivation: 2,303-1,780
Answer: 523 thousand

Question: What is the average value of other current assets in 2018 and 2019?
Facts: 167; 193
Derivation: (193+167)/2
Answer: 180 thousand

Question: In 2019, what is the percentage constitution of prepaid expenses among the total prepaid expenses and other?
Facts: 2,303; 2,496
Derivation: 2,303/2,496
Answer: 92.27 percent

Question: What is the total revenues from Asia Pacific in 2019 and 2018 respectively?
Facts: 6,490; 7,859
Answer: 6,490; 7,859 thousand

Question: What is the total revenues from Europe in 2019 and 2018 respectively?
Facts: 36,149; 36,898
Answer: 36,898; 36,149 thousand

Question: What is the total revenues from North America in 2019 and 2018 respectively?
Facts: 67,314; 68,024
Answer: 68,024; 67,314 thousand

Question: In 2019, how many geographic regions have total revenues of more than $5,000 thousand?
Facts: Asia Pacific; Europe; North America
Derivation: Asia Pacific ## Europe ## North America
Answer: 3

Question: What is the change in the total North America revenue between 2018 and 2019?
Facts: 67,314; 68,024
Derivation: 68,024-67,314
Answer: 710 thousand

Question: In 2018, which geographic region has the highest total revenue?
Facts: North America
Derivation: Look at the total revenues from the respective geographic regions in 2018 and compare
Answer: North America

Question: What is the cash and cash equivalents as of December 31, 2019 and 2018 respectively?
Facts: $18,017; $19,505
Answer: $19,505; $18,017 thousand

Question: What is the restricted cash amount as of December 31, 2019 and 2018 respectively?
Facts: 1,205; 1,444
Answer: 1,205; 1,444 thousand

Question: What does restricted cash primarily relate to?
Facts: refundable deposits and funds held in escrow
Answer: refundable deposits and funds held in escrow

Question: What is the change in the cash and cash equivalents between 2019 and 2018?
Facts: 18,017; 19,505
Derivation: 19,505-18,017
Answer: 1488 thousand

Question: What is the average restricted cash amount in 2018 and 2019?
Facts: 1,205; 1,444
Derivation: (1,205+1,444)/2
Answer: 1324.5 thousand

Question: Which year has the higher amount of cash and cash equivalents?
Facts: 2019
Derivation: Look at COL3 and COL4 , and compare the values at Row 2 
Answer: 2019

Question: What is the net income for 2019 and 2018 respectively?
Facts: $4,155; $4,661
Answer: $4,155; $4,661 thousand

Question: How is basic net income per share computed?
Facts: using the weighted-average number of common shares outstanding for the period.
Answer: using the weighted-average number of common shares outstanding for the period.

Question: How is diluted net income per share computed?
Facts: adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period
Answer: adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period

Question: What is the average basic net income per share for 2018 and 2019?
Facts: 0.35; 0.38
Derivation: (0.35+ 0.38)/2
Answer: 0.36

Question: What is the change in net income between 2018 and 2019?
Facts: 4,155; 4,661
Derivation: 4,155 -4,661 
Answer: -506 thousand

Question: Which year has a higher amount of net income?
Facts: 2018
Derivation: Look at COL3 and COL4 , and compare the values of net income to determine the answer
Answer: 2018

Question: What is the net cash provided by operating activities in 2019 and 2018 respectively?
Facts: $11,236; $5,317
Answer: $11,236; $5,317 thousand

Question: What is the net cash used in investing activities in 2019 and 2018 respectively?
Facts: 1,147; 3,685
Answer: 1,147; 3,685 thousand

Question: What is the net cash used in financing activities in 2019 and 2018 respectively?
Facts: 5,292; 9,106
Answer: 9,106; 5,292 thousand

Question: What is the change in net cash provided by operating activities between 2019 and 2018?
Facts: 11,236; 5,317
Derivation: 11,236-5,317
Answer: 5919 thousand

Question: What is the change in cash paid for income taxes, net of refunds received between 2019 and 2018?
Facts: 4.3; 4.7
Derivation: 4.7-4.3
Answer: 0.4 million

Question: Which year has a higher net cash provided by operating activities?
Facts: 2019
Derivation: Look at COL 3 and COL 4 and compare the values in row 4
Answer: 2019

Question: What is the accrued advertising expense for 2019 and 2018 respectively?
Facts: $1,774; $1,875
Answer: $1,774; $1,875 thousand

Question: What is the accrued compensation expense for 2019 and 2018 respectively?
Facts: 2,813; 2,955
Answer: 2,955; 2,813 thousand

Question: What is the reserve for member refunds for 2019 and 2018 respectively?
Facts: 293; 382
Answer: 293; 382 thousand

Question: What is the change in accrued compensation expense between 2018 and 2019?
Facts: 2,813; 2,955
Derivation: 2,955-2,813
Answer: 142 thousand

Question: What is the average reserve for member refunds for 2018 and 2019?
Facts: 293; 382
Derivation: (293+382)/2
Answer: 337.5 thousand

Question: What is the percentage change in the total accrued expenses and other from 2018 to 2019?
Facts: 7,477; 7,853
Derivation: (7,477-7,853)/7,853
Answer: -4.79 percent

Question: What is revenue by geography based on?
Facts: billing address of the advertiser
Answer: billing address of the advertiser

Question: What is the total Asia Pacific revenues in 2019 and 2018 respectively?
Facts: 6,490; 7,859
Answer: 6,490; 7,859 thousand

Question: What is the total Europe revenues in 2019 and 2018 respectively?
Facts: 36,149; 36,898
Answer: 36,898; 36,149 thousand

Question: What is the change in total revenues between 2018 and 2019?
Facts: 111,322; 111,412
Derivation: 111,412-111,322
Answer: 90 thousand

Question: What is the average of the total Asia Pacific revenues in 2018 and 2019?
Facts: 6,490; 7,859
Derivation: (6,490+ 7,859)/2
Answer: 7174.5 thousand

Question: In 2019, how many geographic regions have total revenues of more than $20,000 thousand?
Facts: Europe; North America
Derivation: Europe ## North America
Answer: 2

Question: What is the amount of revenues in 2019 and 2018 respectively?
Facts: $6,490; $7,859
Answer: $6,490; $7,859 thousand

Question: What is the loss from operations in 2019 and 2018 respectively?
Facts: 6,322; 7,488
Answer: 7,488; 6,322 thousand

Question: How much did Asia Pacific expenses decrease by from 2018 to 2019?
Facts: $203,000
Answer: $203,000

Question: Which year has a higher amount of revenue?
Facts: 2018
Derivation: Look at COL3 and COL4 and compare the values for revenues in Row 4 
Answer: 2018

Question: What is the average amount of revenues in 2018 and 2019?
Facts: 6,490; 7,859
Derivation: (6,490+ 7,859)/2
Answer: 7174.5 thousand

Question: What is the percentage change in revenue from 2018 to 2019?
Facts: 6,490; 7,859
Derivation: (6,490-7,859)/7,859
Answer: -17.42 percent

Question: What is the revenue amount in 2019 and 2018 respectively?
Facts: $36,149; $36,898
Answer: $36,898; $36,149 thousand

Question: What is the income from operations in 2019 and 2018 respectively?
Facts: $4,461; $4,973
Answer: $4,461; $4,973 thousand

Question: Why did Europe expenses increase from 2018 to 2019?
Facts: primarily due to increased marketing costs
Answer: primarily due to increased marketing costs

Question: What is the average income from operations in 2018 and 2019?
Facts: 4,461; 4,973
Derivation: (4,461+ 4,973)/2
Answer: 4717 thousand

Question: What is the change in income from operations between 2018 and 2019?
Facts: 4,461; 4,973
Derivation: 4,461-4,973
Answer: -512 thousand

Question: What is the percentage change in revenues from 2018 to 2019?
Facts: 36,149; 36,898
Derivation: (36,898-36,149)/36,149
Answer: 2.07 percent

Question: What is the depreciation expense for 2019 and 2018 respectively?
Facts: $1.2 million; $1.6 million
Answer: $1.2 million; $1.6 million

Question: What is the amount of computer hardware and software for 2019 and 2018 respectively?
Facts: $3,353; $3,427
Answer: $3,427; $3,353 thousand

Question: What is the amount of office equipment and office furniture for 2019 and 2018 respectively?
Facts: 7,814; 8,148
Answer: 8,148; 7,814 thousand

Question: What is the change in the amount of computer hardware and software between 2018 and 2019?
Facts: 3,353; 3,427
Derivation: 3,427-3,353
Answer: 74 thousand

Question: What is the average of the total property and equipment for 2018 and 2019?
Facts: 2,982; 3,790
Derivation: (2,982+ 3,790)/2
Answer: 3386 thousand

Question: What is the percentage change in the leasehold improvements amount from 2018 to 2019?
Facts: 6,140; 6,247
Derivation: (6,247-6,140)/6,140
Answer: 1.74 percent

Question: Which model did the company use to value the stock options?
Facts: Black-Scholes option pricing model
Answer: Black-Scholes option pricing model

Question: What is the historical volatility used in 2019 and 2018 respectively?
Facts: 46%; 60%
Answer: 60%; 46%

Question: What is the risk-free interest rate used in 2019 and 2018 respectively?
Facts: 2.10%; 2.84%
Answer: 2.10%; 2.84%

Question: What is the average risk-free interest rate used in 2018 and 2019?
Facts: 2.10; 2.84
Derivation: (2.10+ 2.84)/2
Answer: 2.47 percent

Question: What is the change in expected life in years used in the Black-Scholes model between 2018 and 2019?
Facts: 3.6; 5.7
Derivation: 3.6-5.7
Answer: -2.1

Question: Which year has a higher weighted-average fair value of options granted per share used in the Black-Scholes model?
Facts: 2019
Derivation: Look at Row 2, and compare the values in COL3 and COL 4 to determine the answer
Answer: 2019

Question: When did the U.S. government enact the Tax Cuts and Jobs Act?
Facts: December 22, 2017
Answer: December 22, 2017

Question: What is the income before income tax expense for U.S. in 2019 and 2018 respectively?
Facts: $11,553; $8,677
Answer: $11,553; $8,677 thousand

Question: What is the income before income tax expense for foreign in 2019 and 2018 respectively?
Facts: (2,604); (391)
Answer: (2,604); (391) thousand

Question: What is the change in the income before income tax expense for U.S. between 2018 and 2019?
Facts: 11,553; 8,677
Derivation: 11,553-8,677
Answer: 2876 thousand

Question: What is the percentage change in the income before income tax expense for U.S. between 2018 and 2019?
Facts: 11,553; 8,677
Derivation: (11,553-8,677)/8,677
Answer: 33.15 percent

Question: What is the average of the total income before income tax expense for 2018 and 2019?
Facts: 8,286; 8,949
Derivation: (8,949+ 8,286)/2
Answer: 8617.5 thousand

Question: What is the gross profit for 2019 and 2018 respectively as a percentage of total revenues?
Facts: 89.0; 89.4
Answer: 89.4; 89.0 percent

Question: What is the income from operations for 2019 and 2018 respectively as a percentage of total revenues?
Facts: 7.4; 8.5
Answer: 8.5; 7.4 percent

Question: What is the cost of revenues for 2019 and 2018 respectively as a percentage of total revenues?
Facts: 10.6; 11.0
Answer: 10.6; 11.0 percent

Question: What is the average cost of revenue for 2018 and 2019 as a percentage of total revenues?
Facts: 10.6; 11.0
Derivation: (10.6+11.0)/2
Answer: 10.8 percent

Question: What is the change in sales and marketing expenses between 2018 and 2019 as a percentage of total revenues?
Facts: 52.6; 54.2
Derivation: 54.2-52.6
Answer: 1.6 percent

Question: What is the average net income for 2018 and 2019 as a percentage of total revenues?
Facts: 3.7; 4.2
Derivation: (3.7+4.2)/2
Answer: 3.95 percent

Question: What is the value of cash and cash equivalents from 2019 to 2015 respectively?
Facts: $18,017; $19,505; $22,553; $26,838; $35,128
Answer: $19,505; $18,017; $22,553; $26,838; $35,128 thousand

Question: What is the value of working capital from 2019 to 2015 respectively?
Facts: $1,116; $14,643; $16,046; $6,356; $7,646
Answer: $1,116; $6,356; $7,646; $14,643; $16,046 thousand

Question: What should the table show be read in conjunction with?
Facts: Management's Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and the notes thereto included elsewhere herein.
Answer: Management's Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and the notes thereto included elsewhere herein.

Question: What is the average value of working capital from 2015 to 2019?
Facts: 1,116; 14,643; 16,046; 6,356; 7,646
Derivation: (1,116+ 6,356+ 7,646+ 14,643+16,046)/5
Answer: 9161.4 thousand

Question: What is the change in the value of total assets between 2019 and 2018?
Facts: 43,424; 54,538
Derivation: 54,538-43,424
Answer: 11114 thousand

Question: What is the percentage change for cash and cash equivalents between 2018 and 2019?
Facts: 18,017; 19,505
Derivation: (19,505-18,017)/18,017
Answer: 8.26 percent

Question: What are the values of revenue for years ended December 31, 2019 to 2015 respectively?
Facts: $106,524; $111,322; $111,412; $114,263; $123,961
Answer: $111,412; $111,322; $106,524; $114,263; $123,961 thousand

Question: What are the values of income from operations for years ended December 31, 2019 to 2015 respectively?
Facts: 10,186; 3,820; 4,545; 8,238; 9,464
Answer: 9,464; 8,238; 4,545; 10,186; 3,820 thousand

Question: What does the table show?
Facts: selected consolidated financial data as of and for the five-year period ended December 31, 2019
Answer: selected consolidated financial data as of and for the five-year period ended December 31, 2019

Question: What is the difference in revenue amount between 2019 and 2018?
Facts: 111,322; 111,412
Derivation: 111,412 - 111,322 
Answer: 90 thousand

Question: What is the average net income per share for basic shares from 2015 to 2019?
Facts: 0.27; 0.35; 0.38; 0.47; 0.74
Derivation: (0.35+0.38+0.27+0.47+0.74)/5
Answer: 0.44

Question: What is the percentage change of income from operations between 2018 to 2019?
Facts: 8,238; 9,464
Derivation: (9,464-8,238)/8,238
Answer: 14.88 percent