Travelzoo inc (TZOO)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-599

306

1,328

3,120

1,564

118

477

2,502

675

-576

687

2,744

943

1,619

2,020

2,049

435

8,857

842

730

-86

587

7,923

4,638

1,659

-19,036

5,200

5,595

3,756

3,434

7,261

3,747

6,428

5,928

4,918

-13,955

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

319

336

333

330

438

563

443

384

470

504

522

579

674

606

608

642

590

688

687

823

854

790

641

701

942

709

760

716

683

631

598

627

671

745

666

643

Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax

-

-

-

-

-

-

-

-

0

0

0

2,890

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses (gains) on accounts receivable

-

-

-

-

-

-

-

-

-

-

-

7

-

-27

36

8

-

-151

25

27

40

6

41

-52

39

-94

-45

95

46

-83

91

108

77

-68

25

18

Stock-based compensation

117

394

319

163

152

241

349

173

320

206

240

240

241

250

230

212

255

-150

148

148

148

44

395

395

395

376

306

307

307

307

306

287

188

187

188

187

Deferred income tax

-

86

4

341

-

53

-39

-110

-

97

-33

-36

-

-13

232

-443

-

-165

-20

-222

-

400

-584

76

-

241

207

193

-

-3

0

0

-

49

74

86

Loss on equity investment in WeekenGO

-210

-214

-238

-159

-133

-85

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit of stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

268

Net foreign currency effect

-21

-85

5

21

-119

-59

-35

171

61

69

135

89

7

544

23

-259

309

-954

54

111

-300

280

27

9

-138

74

-18

-94

-2

46

-75

35

-57

-53

-2

31

Other

-

-106

51

-77

-

-120

-40

83

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

601

-2,652

-201

2,980

433

189

-100

997

323

-1,301

-1,800

-287

-1,860

-1,718

1,240

1,025

-1,263

-824

996

1,880

-826

-755

1,123

1,288

-340

-1,021

91

2,036

-1,784

-53

851

1,271

-576

-1,734

-462

2,918

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45

-91

18

-

-88

-27

-133

-

-

-

155

-

18

232

132

99

-92

99

561

Income tax receivable

59

113

817

-389

-479

73

705

-428

-896

903

509

-544

-1,115

824

396

-921

-391

-299

-830

-851

163

1,500

717

-1,266

-1,873

1,424

-2,029

-1,564

-3,352

-689

-285

-845

1,062

-359

2,654

-264

Prepaid expenses and other

623

242

186

-425

316

-2

-428

10

70

199

132

86

-1,344

569

-80

-102

-552

512

-140

-495

-80

-334

39

-447

-182

-54

1,362

-350

150

162

-216

295

-136

654

310

-193

Accounts payable

7,032

-1,183

-1,687

-1,101

3,575

-400

-15

-3,185

3,107

1,359

-2,791

-3,263

1,928

-2,181

-740

-1,470

1,567

-1,470

-1,732

496

1,621

-2,281

-4,249

-2,984

4,158

-1,886

1,394

-549

5,286

681

48

460

4,671

1,854

2,164

3,436

Reserve for unexchanged promotional shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,393

-4,149

-2,458

-3,500

-1,226

-12,274

22,000

0

0

-

-

-

-

-

-

-

-

Accrued expenses and other

200

-1,733

-296

1,587

248

-973

-299

1,024

534

-1,450

-549

990

327

-2,558

935

-451

-1,173

-651

-421

564

515

1,457

-741

-1,179

1,032

-103

-365

850

-630

-2,104

-317

5,619

-4,736

-2,193

3,752

3,433

Accrued expenses for unexchanged merger shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-517

-

383

-194

134

585

170

79

19

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-110

-

55

41

-75

30

84

82

13

Income tax payable

409

60

-1,084

988

-327

-234

-48

217

152

-70

-1,287

1,466

-1,485

504

665

603

-467

283

-121

144

-1,198

23

1,061

722

-1,298

254

1,038

0

-1

-1

1

-284

-16

166

-608

89

Other long-term liabilities

2,864

-642

-103

-71

-58

27

-165

7

-2,173

-71

-340

62

-242

30

84

7

-86

-8,644

123

672

119

156

114

111

47

149

107

103

713

34

-276

52

117

630

15

14

Net cash provided by operating activities

9,310

326

-1,806

3,406

5,281

-744

601

179

3,960

122

-2,561

555

6,806

-1,989

2,491

1,414

3,117

207

-458

1,326

-930

-1,879

-529

1,751

-2,702

2,187

9,978

6,500

13,011

6,850

7,052

9,787

7,077

9,136

-11,244

10,662

Cash flows from investing activities:
Purchases of property and equipment

124

149

70

131

86

159

442

65

252

180

186

120

107

154

503

145

397

132

564

189

628

1,761

405

1,019

1,914

1,487

1,209

900

698

774

594

678

558

846

357

699

Proceeds from sale of Fly.com domain name

-

-

-

-

-

-

-

-

0

0

0

2,890

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in WeekenGO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

2

-9

0

-57

-24

-2

0

-200

-121

-2,049

263

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-124

-149

-743

-131

-86

-9

-3,525

-65

-252

-180

-186

2,770

-107

-154

-498

-150

-399

-123

-564

-132

-604

-1,759

-405

-819

-1,793

562

-1,472

-900

-1,647

-774

-594

-678

-558

-846

-357

-699

Cash flows from financing activities:
Exercise of stock options and taxes paid for net share settlement of equity awards

-

-

0

26

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reverse/forward stock split, including transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-479

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options, net of share settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

0

40

Acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of loan to related party

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,658

0

3,250

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from loan from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-26

1,500

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in bank overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-104

-281

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

2,048

2,308

4,869

1,591

2,419

2,873

0

0

156

2,732

5,062

1,762

3,935

771

3,048

1,908

1,569

0

0

0

-300

0

286

5,569

7,764

0

0

0

-

-

-

-

-

-

-

-

Tax benefit of stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

268

Net cash used in financing activities

-2,050

-2,308

-3,131

-1,617

-2,419

-2,873

0

0

-156

-2,732

-5,062

-1,762

-3,935

-771

-3,048

-7,508

-1,569

-20,456

1,219

794

1,641

0

-286

-6,048

-8,452

0

0

0

-7,899

-3,611

0

0

1

-15,124

0

308

Effect of exchange rate changes on cash and cash equivalents

661

-400

-147

152

-547

-9

-780

456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

171

-

193

-192

-77

-591

-1,535

1,697

-2,822

-2,450

-1,549

687

-72

195

1,770

-232

-1,662

70

1,008

-856

706

-209

-819

-11

243

Net increase (decrease) in cash, cash equivalents and restricted cash

7,797

-2,531

-5,827

1,810

2,229

-3,635

-3,704

570

3,741

-2,484

-7,226

1,734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,721

-1,247

-6,321

558

-21,907

1,894

-834

-2,343

-5,187

-533

-5,188

-12,752

4,519

8,274

3,938

3,535

3,473

5,602

9,815

6,311

-7,653

-11,612

10,514

Supplemental disclosure of cash flow information:
Cash paid for income taxes, net

944

917

2,919

-60

1,313

767

1,417

779

1,343

1,628

2,920

310

1,111

1,126

1,022

50

59

9

372

361

690

1,073

2,508

335

692

1,897

10

10

-631

177

3,082

2,309

26,597

-21,048

13,034

-3,558

Operating leases

-3,534

6,603

-808

1,805

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating cash flows

-

2,803

4

1,277

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable for the acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

110

0

5,658

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasehold improvements funded by landlord

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

757

-

-

-

0

-

-

-

-

-

-

-

-