v3.20.1
Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenue $ 740,242 [1] $ 738,320 $ 723,052
Costs and expenses:      
Cost of VOIs sold 21,845 23,813 17,679
Cost of other fee-based services 86,940 72,968 64,560
Cost reimbursements 63,889 62,534 52,639
Selling, general and administrative expenses 468,856 415,403 421,199
Interest expense 39,538 34,709 29,977
Other expense, net 910    
Total costs and expenses 681,978 [1] 609,427 586,054
Income before non-controlling interest and provision for income taxes 58,264 128,893 136,998
Provision for income taxes 12,140 28,541 (2,345)
Net income 46,124 100,352 139,343
Less: Net income attributable to non-controlling interest 11,273 12,390 12,760
Net income attributable to Bluegreen Vacations Corporation shareholders 34,851 87,962 126,583
Comprehensive income attributable to Bluegreen Vacations Corporation Shareholders $ 34,851 $ 87,962 $ 126,583
Earnings per share attributable to Bluegreen Vacation Corporation shareholders - Basic and diluted [2] $ 0.47 $ 1.18 $ 1.77
Weighted average number of common shares outstanding:      
Basic and diluted [2],[3] 74,439 74,712 71,448
Cash dividends declared per share [2] $ 0.64 $ 0.60 $ 0.56
Gross Sales Of VOIs [Member]      
Revenues:      
Total revenue $ 311,076 $ 305,530 $ 288,414
Estimated Uncollectible VOI Notes Receivable [Member]      
Revenues:      
Total revenue 55,701 51,305 46,397
Sales of VOIs [Member]      
Revenues:      
Total revenue [4] 255,375 254,225 242,017
Fee-Based Sales Commission Revenue [Member]      
Revenues:      
Total revenue [4] 207,832 216,422 229,389
Other Fee-Based Services Revenue [Member]      
Revenues:      
Total revenue 125,244 118,024 111,819
Cost Reimbursements [Member]      
Revenues:      
Total revenue [5] 63,889 62,534 52,639
Interest Income [Member]      
Revenues:      
Total revenue [4] $ 87,902 85,914 86,876
Other Income, Net [Member]      
Revenues:      
Total revenue   $ 1,201 $ 312
[1] During the fourth quarter of 2019, the prior 2019 quarterly revenue and operating expense amounts were reclassified for consistency to conform to the fourth quarter 2019 presentation.
[2] 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 therewith as if the stock split was effected on January 1, 2017. See Note 1: Organization and Note 18: Earnings Per Share for further discussion.
[3] Gives effect to the stock split effected in connection with our initial public offering during November 2017 as if the stock split was effected on January 1, 2017.
[4] Interest income of $80.0 million is included in our sales of VOIs and financing segment described in Note 17.
[5] Included in our resort operations and club management segment described in Note 17.

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