Travelzoo inc (TZOO)
CashFlow / TTM
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

4,155

6,318

6,130

5,279

4,661

3,772

3,078

3,288

3,530

3,798

5,993

7,326

6,631

6,123

13,361

12,183

10,864

10,343

2,073

9,154

13,062

14,807

-4,816

-7,539

-6,582

-4,485

17,985

20,046

18,198

20,870

23,364

21,021

3,319

0

0

0

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

1,318

1,437

1,664

1,774

1,828

1,860

1,801

1,880

2,075

2,279

2,381

2,467

2,530

2,446

2,528

2,607

2,788

3,052

3,154

3,108

2,986

3,074

2,993

3,112

3,127

2,868

2,790

2,628

2,539

2,527

2,641

2,709

2,725

0

0

0

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

-

-

-

-

-

-

-

-

2,890

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses (gains) on accounts receivable

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-39

-

-59

98

114

35

34

-66

-152

-5

2

13

149

162

193

208

142

52

0

0

0

Stock-based compensation

993

1,028

875

905

915

1,083

1,048

939

1,006

927

971

961

933

947

547

465

401

294

488

735

982

1,229

1,561

1,472

1,384

1,296

1,227

1,227

1,207

1,088

968

850

750

0

0

0

Deferred income tax

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Loss on equity investment in WeekenGO

-821

-744

-615

-377

-218

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit of stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

268

0

0

0

Net foreign currency effect

-80

-178

-152

-192

-42

138

266

436

354

300

775

663

315

617

-881

-850

-480

-1,089

145

118

16

178

-28

-73

-176

-40

-68

-125

4

-51

-150

-77

-81

0

0

0

Other

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

728

560

3,401

3,502

1,519

1,409

-81

-1,781

-3,065

-5,248

-5,665

-2,625

-1,313

-716

178

-66

789

1,226

1,295

1,422

830

1,316

1,050

18

766

-678

290

1,050

285

1,493

-188

-1,501

146

0

0

0

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

0

-

481

371

238

667

0

0

0

Income tax receivable

600

62

22

-90

-129

-546

284

88

-28

-247

-326

-439

-816

-92

-1,215

-2,441

-2,371

-1,817

-18

1,529

1,114

-922

-998

-3,744

-4,042

-5,521

-7,634

-5,890

-5,171

-757

-427

2,512

3,093

0

0

0

Prepaid expenses and other

626

319

75

-539

-104

-350

-149

411

487

-927

-557

-769

-957

-165

-222

-282

-675

-203

-1,049

-870

-822

-924

-644

679

776

1,108

1,324

-254

391

105

597

1,123

635

0

0

0

Accounts payable

3,061

-396

387

2,059

-25

-493

1,266

-1,510

-1,588

-2,767

-6,307

-4,256

-2,463

-2,824

-2,113

-3,105

-1,139

-1,085

-1,896

-4,413

-7,893

-5,356

-4,961

682

3,117

4,245

6,812

5,466

6,475

5,860

7,033

9,149

12,125

0

0

0

Reserve for unexchanged promotional shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,393

-5,542

-8,000

-11,500

-11,333

-19,458

5,000

8,500

9,726

0

0

0

-

-

-

-

-

-

-

-

Accrued expenses and other

-242

-194

566

563

0

286

-191

-441

-475

-682

-1,790

-306

-1,747

-3,247

-1,340

-2,696

-1,681

7

2,115

1,795

52

569

-991

-615

1,414

-248

-2,249

-2,201

2,568

-1,538

-1,627

2,442

256

0

0

0

Accrued expenses for unexchanged merger shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

908

695

968

853

0

0

0

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

51

80

121

209

0

0

0

Income tax payable

373

-363

-657

379

-392

87

251

-988

261

-1,376

-802

1,150

287

1,305

1,084

298

-161

-892

-1,152

30

608

508

739

716

-6

1,291

1,036

-1

-285

-300

-133

-742

-369

0

0

0

Other long-term liabilities

2,048

-874

-205

-267

-189

-2,304

-2,402

-2,577

-2,522

-591

-490

-66

-121

35

-8,639

-8,600

-7,935

-7,730

1,070

1,061

500

428

421

414

406

1,072

957

574

523

-73

523

814

776

0

0

0

Net cash provided by operating activities

11,236

7,207

6,137

8,544

5,317

3,996

4,862

1,700

2,076

4,922

2,811

7,863

8,722

5,033

7,229

4,280

4,192

145

-1,941

-2,012

-1,587

-3,359

707

11,214

15,963

31,676

36,339

33,413

36,700

30,766

33,052

14,756

15,631

0

0

0

Cash flows from investing activities:
Purchases of property and equipment

474

436

446

818

752

918

939

683

738

593

567

884

909

1,199

1,177

1,238

1,282

1,513

3,142

2,983

3,813

5,099

4,825

5,629

5,510

4,294

3,581

2,966

2,744

2,604

2,676

2,439

2,460

0

0

0

Proceeds from sale of Fly.com domain name

-

-

-

-

-

-

-

-

2,890

2,890

2,890

2,890

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in WeekenGO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-64

-90

-83

-83

-226

-323

-2,370

-2,107

-1,907

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-1,147

-1,109

-969

-3,751

-3,685

-3,851

-4,022

-683

2,152

2,297

2,323

2,011

-909

-1,201

-1,170

-1,236

-1,218

-1,423

-3,059

-2,900

-3,587

-4,776

-2,455

-3,522

-3,603

-3,457

-4,793

-3,915

-3,693

-2,604

-2,676

-2,439

-2,460

0

0

0

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

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reverse/forward stock split, including transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options, net of share settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

40

0

0

0

Acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

-58

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of loan to related party

-

-

-

-

-

-

-

-

-

-

-

-

5,658

5,658

8,908

8,908

3,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from loan from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,224

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in bank overdraft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

10,816

11,187

11,752

6,883

5,292

3,029

2,888

7,950

9,712

13,491

11,530

9,516

9,662

7,296

6,525

3,477

1,569

-300

-300

-14

5,555

13,619

13,619

13,333

7,764

0

0

0

-

-

-

-

-

-

-

-

Tax benefit of stock option exercise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

268

0

0

0

Net cash used in financing activities

-9,106

-9,475

-10,040

-6,909

-5,292

-3,029

-2,888

-7,950

-9,712

-13,491

-11,530

-9,516

-15,262

-12,896

-32,581

-28,314

-20,012

-16,802

3,654

2,149

-4,693

-14,786

-14,786

-14,500

-8,452

-7,899

-11,510

-11,510

-11,510

-3,610

-15,123

-15,123

-14,815

0

0

0

Effect of exchange rate changes on cash and cash equivalents

266

-942

-551

-1,184

-880

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-593

-

-667

-2,395

-506

-3,251

-5,110

-5,124

-6,134

-3,384

-739

2,580

1,661

71

-54

-816

-1,440

928

649

-1,178

-333

-796

0

0

0

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

1,249

-4,319

-5,423

-3,300

-4,540

-3,028

-1,877

-5,399

-4,235

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,731

-28,917

-25,776

-20,289

-23,190

-6,470

-8,897

-13,251

-23,660

-13,954

-5,147

3,979

20,266

19,220

16,548

22,425

25,201

14,075

-3,139

-2,440

0

0

0

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

4,720

5,089

4,939

3,437

4,276

4,306

5,167

6,670

6,201

5,969

5,467

3,569

3,309

2,257

1,140

490

801

1,432

2,496

4,632

4,606

4,608

5,432

2,934

2,609

1,286

-434

2,638

4,937

32,165

10,940

20,892

15,025

0

0

0

Operating leases

4,066

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating cash flows

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable for the acquisition of the Asia Pacific business

-

-

-

-

-

-

-

-

-

-

-

-

-

110

5,768

5,768

5,658

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasehold improvements funded by landlord

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-