Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Details)

v3.8.0.1
Segment Reporting (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2017
USD ($)
segment
Dec. 31, 2016
USD ($)
segment
Dec. 31, 2015
USD ($)
segment
Segment Reporting Information [Line Items]                      
Sales of VOIs                 $ 239,662 $ 266,142 $ 259,236
Fee-based sales commission revenue                 229,389 201,829 173,659
Other fee-based services revenue                 111,819 103,448 97,539
Interest income                 86,876 89,510 84,331
Other income, net                 312 1,724 2,883
Total revenues $ 167,178 $ 180,226 $ 172,536 $ 148,118 $ 166,332 $ 181,144 $ 170,975 $ 144,202 668,058 662,653 617,648
Cost of VOIs sold                 17,439 27,346 22,884
Cost of other fee-based services                 68,336 64,479 60,942
Selling, general and administrative expenses                 416,970 415,027 373,804
Interest expense                 29,977 30,853 35,698
Total costs and expenses 138,141 146,160 131,124 117,297 128,686 142,266 149,981 116,772 532,722 537,705 493,328
Income before non-controlling interest and provision for income taxes $ 29,037 $ 34,066 $ 41,413 $ 30,820 $ 37,646 $ 38,878 $ 20,994 $ 27,430 135,336 124,948 124,320
Add: Depreciation and amortization                 $ 14,110 $ 14,272 $ 14,862
Number of reportable segments | segment                 2 2 2
Corporate And Other [Member]                      
Segment Reporting Information [Line Items]                      
Interest income                 $ 7,219 $ 8,560 $ 6,008
Other income, net                 312 1,724 2,883
Total revenues                 7,531 10,284 8,891
Selling, general and administrative expenses                 62,701 72,652 63,166
Interest expense                 12,168 12,505 15,390
Total costs and expenses                 74,869 85,157 78,556
Income before non-controlling interest and provision for income taxes                 (67,338) (74,873) (69,665)
Eliminations [Member]                      
Segment Reporting Information [Line Items]                      
Mortgage servicing revenue                 (5,206) (3,793) (2,660)
Total revenues                 (5,206) (3,793) (2,660)
Net carrying cost of VOI inventory                 (4,220) (6,847) (7,046)
Cost of other fee-based services                 4,220 6,847 7,046
Selling, general and administrative expenses                 189 2,312 2,884
Mortgage servicing expense                 (5,395) (6,105) (5,544)
Total costs and expenses                 (5,206) (3,793) (2,660)
Sales Of VOIs And Financing [Member] | Reportable Segments [Member]                      
Segment Reporting Information [Line Items]                      
Sales of VOIs                 239,662 266,142 259,236
Fee-based sales commission revenue                 229,389 201,829 173,659
Other fee-based services revenue                 14,742 13,838 14,283
Mortgage servicing revenue                 5,206 3,793 2,660
Interest income                 79,657 80,950 78,323
Total revenues                 568,656 566,552 528,161
Cost of VOIs sold                 17,439 27,346 22,884
Net carrying cost of VOI inventory                 4,220 6,847 7,046
Cost of other fee-based services                 4,779 5,116 4,896
Selling, general and administrative expenses                 354,080 340,063 307,754
Mortgage servicing expense                 5,395 6,105 5,544
Interest expense                 17,809 18,348 20,308
Total costs and expenses                 403,722 403,825 368,432
Income before non-controlling interest and provision for income taxes                 164,934 162,727 159,729
Add: Depreciation and amortization                 6,270 6,341 5,985
Corporate realignment costs                 4,322    
One-time payment to Bass Pro                 4,781    
Segment Adjusted EBITDA                 180,307 169,068 165,714
Resort Operations And Club Management [Member] | Reportable Segments [Member]                      
Segment Reporting Information [Line Items]                      
Other fee-based services revenue                 97,077 89,610 83,256
Total revenues                 97,077 89,610 83,256
Cost of other fee-based services                 59,337 52,516 49,000
Total costs and expenses                 59,337 52,516 49,000
Income before non-controlling interest and provision for income taxes                 37,740 37,094 34,256
Add: Depreciation and amortization                 1,579 1,423 1,372
Corporate realignment costs                 255    
Segment Adjusted EBITDA                 $ 39,574 $ 38,517 $ 35,628