Bbx capital corp (BBX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Revenue from customers

843,726

852,462

777,949

-

-

-

-

-

-

-

-

Sales of VOIs

-

-

-

266,142

259,236

262,334

261,439

211,684

169,998

167,306

24,267

Fee-based sales commission revenue

-

-

-

201,829

173,659

144,239

91,859

87,795

73,673

55,524

7,852

Other fee-based services revenue

-

-

-

103,448

97,539

92,089

80,125

74,824

70,985

65,979

5,073

Trade sales

-

-

-

95,996

84,284

74,083

10,243

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

12,182

Real Estate and Other, net

-

-

-

-

-

-

-

-

-

-

49,374

Interest income

86,326

85,501

83,708

85,746

89,071

86,492

106,271

105,486

129,171

142,644

225,762

Net (losses) gains on sales of real estate assets

13,616

4,563

1,451

-

-

-

-

-

-

-

-

Impairment of unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

31,181

Impairment of other investments

-

-

-

-

-

-

-

-

-

-

2,396

Investment gains

-

-

-

-

-

-

-

-

-

-

6,654

Other revenue

3,203

3,372

5,661

-

-

-

228

2,442

1,837

2,687

3,104

Net gains on sales of assets

-

-

-

6,076

31,092

5,527

6,728

-

-

-

-

Net gains on the sale of assets

-

-

-

-

-

-

-

6,687

2,630

85

-

Service charges on deposits

-

-

-

-

-

-

-

-

-

-

75,739

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

29,542

Securities activities, net

-

-

-

-

-

-

-

-

-

-

11,180

Other revenue

-

-

-

8,058

9,376

7,422

7,098

4,454

3,009

161

11,864

Total financial services

-

-

-

-

-

-

-

-

-

-

354,087

Total revenues

946,871

945,898

868,769

767,295

744,257

672,186

563,763

490,930

449,466

431,699

403,461

Costs and Expenses
Cost of VOIs sold

-

-

-

27,346

22,884

30,766

32,607

24,353

27,058

43,094

106,873

Cost of other fee-based services

-

-

-

64,479

60,942

56,941

52,817

46,835

52,094

46,863

3,538

Cost of trade sales

-

-

-

74,341

62,707

54,682

7,860

-

-

-

-

Interest expense

45,782

42,075

35,205

36,037

40,408

47,402

50,621

59,964

78,277

95,097

16,690

Total real estate and other, expense

-

-

-

-

-

-

-

-

-

-

194,227

Interest expense

-

-

-

-

-

-

-

-

-

-

74,852

Recoveries from loan losses, net

-5,428

-8,653

-7,546

-20,508

-13,457

-7,155

-43,865

2,405

37,874

91,455

232,658

Employee compensation and benefits

-

-

-

-

-

-

-

-

-

-

108,245

Occupancy and equipment

-

-

-

-

-

-

-

-

-

-

58,576

Advertising and promotion

-

-

-

-

-

-

-

-

-

-

8,646

Check losses

-

-

-

-

-

-

-

-

-

-

4,188

Professional fees

-

-

-

-

-

-

-

-

-

-

14,629

Supplies and postage

-

-

-

-

-

-

-

-

-

-

4,173

Telecommunication

-

-

-

-

-

-

-

-

-

-

2,481

Cost associated with debt redemption

-

-

-

-

-

-

-

-

-

-

-7,463

Provision for tax certificates

-

-

-

-

-

-

-

-

-

-

3,388

Lease termination costs

-

-

-

-

-

-

-

-

-

-

2,156

Employee termination costs

-

-

-

-

-

-

-

-

-

-

2,024

Impairment losses

6,938

4,718

7,482

4,656

287

7,015

4,708

9,931

14,666

5,303

-

Gain on bargain purchase of investment in Bluegreen

-

-

-

-

-

-

-

-

-

-

182,849

Gain on settlement of investment in subsidiary

-

-

-

-

-

-

-

-

10,690

-977

29,679

Net gains on cancellation of junior subordinated debentures

-

-

6,929

-

-

-

-

29,875

11,625

13,049

-

Litigation settlement

-

-

-

-

36,500

-

-

-

-

-

-

Reimbursement of litigation costs and penalty

-

600

13,169

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

585,686

537,812

532,061

516,757

466,700

421,649

361,958

328,790

270,263

296,419

62,977

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

2,001

Other expenses

-

-

-

-

-

-

-

-

1,304

2,839

2,148

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

8,541

Impairment of real estate owned

-

-

-

-

-

-

-

-

-

-

4,124

FDIC deposit insurance assessment

-

-

-

-

-

-

-

-

-

-

10,990

Other expenses

-

-

-

-

-

-

-

-

-

-

26,333

Total financial services expense

-

-

-

-

-

-

-

-

-

-

573,467

Total costs and expenses

936,015

874,423

789,317

703,108

676,971

611,300

466,706

472,278

481,536

581,070

767,694

Gain on sale of Benihana investment

-

-

-

-

-

-

-

9,307

-

-

-

Equity in net earnings (losses) of unconsolidated real estate joint ventures

37,898

14,194

12,541

13,630

-1,565

-573

-30

186

1,256

-851

33,381

Other income

82

1,695

801

-

-

4,780

-

-

-

-

-

Foreign exchange gain

-75

68

-193

219

-1,038

-715

-357

-

-

-

-

(Loss) income before income taxes

48,761

87,432

92,601

78,036

64,683

64,378

96,898

60,462

-6,662

-135,463

-

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-142,143

Benefit (provision) for income taxes

16,658

31,639

-9,702

36,379

-76,596

37,073

26,141

16,225

1,775

9,215

-67,500

Income from continuing operations

-

-

-

-

-

-

-

44,237

-8,437

-144,678

-74,643

Iincome (loss) from discontinued operations (including gain on disposal of Bank Atlantic of $293,461 in 2012)

-

-

-

-

-

-

-

287,564

-13,478

-44,619

-

Less: Provision (benefit) for income taxes

-

-

-

-

-

-

-

19,701

-2,409

-9,110

-

Income (loss) from discontinued operations

-

-

-

-

-

-

-

267,863

-11,069

-35,509

-18,689

Net (loss) income

32,103

55,793

102,303

41,657

141,279

27,305

70,757

312,100

-19,506

-180,187

-93,332

Less: Net (loss) income attributable to noncontrolling interests

14,412

20,691

18,378

13,295

18,805

13,455

41,694

146,085

-8,236

-76,339

-120,611

Net (loss) income attributable to shareholders

17,691

35,102

83,925

28,362

122,474

13,850

29,063

166,015

-11,270

-103,848

27,279

Preferred stock dividends (See Note 20 and 21)

-

-

-

-

-

-

-

188

750

750

750

Net income to common shareholders

-

-

-

-

-

-

-

165,827

-12,020

-104,598

26,529

Earnings per share from continuing operations

-

-

-

-

-

-

-

0.26

-0.09

-1.13

0.80

Earnings per share from discontinued operations

-

-

-

-

-

-

-

1.88

-0.07

-0.26

-0.33

Basic (loss) earnings per share

0.19

0.37

0.85

0.33

1.41

0.16

0.35

2.14

-0.16

-1.39

0.47

Earnings per share from continuing operations

-

-

-

-

-

-

-

0.25

-0.09

-1.13

0.80

Earnings per share from discontinued operations

-

-

-

-

-

-

-

1.84

-0.07

-0.26

-0.33

Diluted (loss) earnings per share

0.19

0.36

0.81

0.32

1.40

0.16

0.35

2.09

-0.16

-1.39

0.47

Basic weighted average number of common shares outstanding

92,628

95,298

98,745

86,902

87,022

84,502

83,202

77,142

75,790

75

57

Diluted weighted average number of common and common equivalent shares outstanding

93,654

97,860

103,916

87,492

87,208

84,761

84,624

79,087

75,898

75

57

Other comprehensive (loss) income, net of tax:
Unrealized (loss) gain on securities available for sale

52

-47

135

-33

-10

59

69

-

-

-

-

Foreign currency translation adjustments

287

-194

406

584

353

89

16

-

-

-

-

Other comprehensive (loss) income net

339

-241

541

551

343

148

85

-

-

-

-

Comprehensive (loss) income, net of tax

32,442

55,552

102,844

42,208

141,622

27,453

70,842

-

-

-

-

Less: Comprehensive (loss) income attributable to noncontrolling interests

14,412

20,691

18,378

13,295

18,885

13,490

41,700

-

-

-

-

Comprehensive (loss) income attributable to shareholders

18,030

34,861

84,466

28,913

122,737

13,963

29,142

-

-

-

-

Income from continuing operations, net of tax

-

-

-

-

-

-

-

19,951

-6,455

-85,134

45,901

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

145,404

-5,565

-19,464

-19,372

Net Income available to common shareholders

-

-

-

-

-

-

-

165,355

-12,020

-104,598

-

Net Income (loss) available to common shareholders

-

-

-

-

-

-

-

-

-

-

26,529

Sales Of VOIs [Member]
Revenue from customers

255,375

254,225

242,017

-

-

-

-

-

-

-

-

Total costs

21,845

23,813

17,679

-

-

-

-

-

-

-

-

Fee-Based Sales Commissions [Member]
Revenue from customers

207,832

216,422

229,389

-

-

-

-

-

-

-

-

Total costs

86,940

-

-

-

-

-

-

-

-

-

-

Other Fee-Based Services [Member]
Revenue from customers

125,244

118,024

111,819

-

-

-

-

-

-

-

-

Total costs

86,940

72,968

64,560

-

-

-

-

-

-

-

-

Cost Reimbursements [Member]
Revenue from customers

63,889

62,534

52,639

-

-

-

-

-

-

-

-

Total costs

63,889

62,534

52,639

-

-

-

-

-

-

-

-

Trade Sales [Member]
Revenue from customers

186,337

179,486

142,085

-

-

-

-

-

-

-

-

Total costs

127,720

125,640

107,335

-

-

-

-

-

-

-

-

Sales Of Real Estate Inventory [Member]
Revenue from customers

5,049

21,771

-

-

-

-

-

-

-

-

-

Total costs

2,643

14,116

-

-

-

-

-

-

-

-

-

Other [Member]
Revenue from customers

7,528

6,284

5,997

-

-

-

-

-

-

-

-

Class A Common Stock [Member]
Cash dividends declared per common share

0.05

0.04

0.03

-

-

-

-

-

-

-

-

Class B Common Stock [Member]
Cash dividends declared per common share

0.05

0.04

0.03

-

-

-

-

-

-

-

-