v3.19.2
Consolidated Statements Of Income And Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenue $ 195,574 $ 194,937 $ 364,418 $ 362,460
Costs and expenses:        
Cost of VOIs sold 10,572 6,789 14,420 8,601
Cost of other fee-based services 19,924 16,634 42,792 34,045
Cost reimbursements 17,358 14,059 37,594 30,260
Selling, general and administrative expenses 147,668 109,580 237,882 203,129
Interest expense 10,061 8,495 19,567 16,262
Total costs and expenses 205,583 155,557 352,255 292,297
(Loss) income before non-controlling interest and (benefit) provision for income taxes (10,009) 39,380 12,163 70,163
(Benefit) provision for income taxes (3,957) 9,353 1,346 16,554
Net (loss) income (6,052) 30,027 10,817 53,609
Less: Net income attributable to non-controlling interest 5,131 3,317 6,847 5,924
Net (loss) income attributable to Bluegreen Vacations Corporation Shareholders (11,183) 26,710 3,970 47,685
Comprehensive (loss) income attributable to Bluegreen Vacations Corporation Shareholders $ (11,183) $ 26,710 $ 3,970 $ 47,685
(Loss) Earnings per share attributable to Bluegreen Vacation Corporation shareholders - Basic and diluted $ (0.15) $ 0.36 $ 0.05 $ 0.64
Weighted average number of common shares outstanding:        
Basic and diluted 74,446 74,734 74,446 74,734
Cash dividends declared per share $ 0.17 $ 0.15 $ 0.34 $ 0.30
Gross Sales Of VOIs [Member]        
Revenues:        
Total revenue $ 80,221 $ 82,027 $ 143,105 $ 146,187
Estimated Uncollectible VOI Notes Receivable [Member]        
Revenues:        
Total revenue (11,919) (13,454) (23,072) (21,473)
Sales of VOIs [Member]        
Revenues:        
Total revenue [1] 68,302 68,573 120,033 124,714
Fee-Based Sales Commission Revenue [Member]        
Revenues:        
Total revenue [2] 55,343 60,086 100,555 105,940
Other Fee-Based Services Revenue [Member]        
Revenues:        
Total revenue 30,703 30,391 60,271 58,415
Cost Reimbursements [Member]        
Revenues:        
Total revenue [2] 17,358 14,059 37,594 30,260
Interest Income [Member]        
Revenues:        
Total revenue [1] 21,875 21,118 43,883 42,240
Other Income, Net [Member]        
Revenues:        
Total revenue $ 1,993 $ 710 $ 2,082 $ 891
[1] Included in our sales of VOIs and financing segment described in Note 13: Segment Reporting.
[2] Included in our resort operations and club management segment described in Note 13: Segment Reporting.

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