Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Income And Comprehensive Income

v3.10.0.1
Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Total revenues $ 738,320 $ 723,052 $ 719,941
Costs and expenses:      
Cost of VOIs sold 23,813 17,679 28,829
Cost of other fee-based services 72,968 64,560 61,149
Cost reimbursements 62,534 52,639 49,557
Selling, general and administrative expenses 415,403 421,199 419,930
Interest expense 34,709 29,977 30,853
Total costs and expenses 609,427 586,054 590,318
Income before non-controlling interest and provision for income taxes 128,893 136,998 129,623
Provision (benefit) for income taxes 28,541 (2,345) 41,620
Net income 100,352 139,343 88,003
Less: Net income attributable to non-controlling interest 12,390 12,760 10,126
Net income attributable to Bluegreen Vacations Corporation Shareholders 87,962 126,583 77,877
Comprehensive income attributable to Bluegreen Vacations Corporation Shareholders $ 87,962 $ 126,583 $ 77,877
Earnings per share attributable to Bluegreen Vacation Corporation shareholders - Basic and diluted [1] $ 1.18 [2] $ 1.77 [2] $ 1.10
Weighted average number of common shares outstanding:      
Basic and diluted [1] 74,712 71,448 70,998
Cash dividends declared per share [1] $ 0.60 $ 0.56 $ 0.99
Gross Sales Of VOIs [Member]      
Revenues:      
Total revenues $ 305,530 $ 288,414 $ 319,508
Estimated Uncollectible VOI Notes Receivable [Member]      
Revenues:      
Total revenues 51,305 46,397 45,635
Sales of VOIs [Member]      
Revenues:      
Total revenues 254,225 242,017 273,873
Fee-Based Sales Commission Revenue [Member]      
Revenues:      
Total revenues 216,422 229,389 201,829
Other Fee-Based Services Revenue [Member]      
Revenues:      
Total revenues 118,024 111,819 103,448
Reimbursement Revenue [Member]      
Revenues:      
Total revenues 62,534 52,639 49,557
Interest Income [Member]      
Revenues:      
Total revenues 85,914 86,876 89,510
Other Income, Net [Member]      
Revenues:      
Total revenues $ 1,201 $ 312 $ 1,724
[1] The calculation of basic and diluted earnings per share and cash dividends declared per share were based on shares issued in connection with our initial public offering during November 2017 and give effect to the stock split effected in connection therein as if the stock split is effected January 1, 2016. See Note 1: Organization and Note 17: Earnings Per Share for further discussion.
[2] The number of shares outstanding for purposes of calculating basic and diluted earnings per share reflects the stock split effected in connection with our initial public offering as if the stock split was effected on January 1, 2016. See Note 1: Organization and Note 17: Earnings Per Share for further discussion.