BLUEGREEN VACATIONS CORPORATION BXG Income Statement

Bluegreen vacations corporation (BXG)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Provision for loan losses
74,901	55,701	54,016	55,974	54,439	51,305	41,582	45,086	45,207	46,397	0	0	0	28,665	24,203	26,619	26,825	29,374	-20,165	-30,944	0	0	0
Total revenue
731,516	740,242	740,760	737,087	736,450	738,320	742,557	735,561	728,007	723,052	0	0	0	457,665	438,398	424,084	410,846	403,446	403,641	292,025	0	0	0
Costs and expenses:
Cost of VOIs sold
22,096	21,845	21,516	29,632	25,849	23,813	26,165	21,372	16,332	17,679	0	0	0	39,640	39,812	38,571	39,064	40,460	45,699	34,362	0	0	0
Cost of other fee-based services
86,783	86,940	85,524	81,715	78,425	72,968	69,879	67,124	65,864	64,560	0	0	0	46,173	49,298	51,794	51,999	52,094	49,733	36,831	0	0	0
Cost reimbursements
65,965	63,889	70,888	66,677	63,378	62,534	59,138	56,335	54,169	52,639	0	0	0	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses
479,839	468,856	454,908	450,156	412,068	415,403	424,478	427,005	424,913	421,199	0	0	0	247,296	228,634	215,250	206,360	199,237	202,612	146,564	0	0	0
Interest expense
38,850	39,538	39,194	38,014	36,448	34,709	31,668	30,518	30,100	29,977	0	0	0	41,530	45,236	47,810	50,642	53,908	56,928	43,718	0	0	0
Other expense, net
-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	0	0	-	0	0
Total costs and expenses
694,443	681,978	672,030	666,194	616,168	609,427	610,964	602,109	591,133	586,054	0	0	0	374,639	362,836	353,281	349,160	346,794	358,219	264,723	0	0	0
Income before non-controlling interest and provision for income taxes
37,073	58,264	68,730	70,893	120,282	128,893	131,593	133,452	136,874	136,998	0	0	0	83,026	75,562	70,803	61,686	56,652	45,422	27,301	0	0	0
Provision for income taxes
6,881	12,140	12,668	13,333	26,643	28,541	-15,835	-11,694	-5,755	-2,345	0	0	0	28,687	27,964	25,754	22,260	20,655	14,280	8,346	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	54,339	47,598	45,049	39,426	35,997	31,142	18,955	0	0	0
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-3,493	-7,220	-9,499	-44,492	-45,565	-56,518	-53,895	0	0	0
Net income
30,192	46,124	56,062	57,560	93,639	100,352	147,428	145,146	142,629	139,343	0	0	0	-	0	0	-	-	0	0	-	-	-
Less: Net income attributable to non-controlling interest
10,293	11,273	11,976	13,313	11,499	12,390	12,851	12,517	12,720	12,760	0	0	0	11,137	9,943	9,725	9,068	7,685	8,450	5,931	0	0	0
Net income attributable to Bluegreen Vacations Corporation shareholders
19,899	34,851	44,086	44,247	82,140	87,962	134,577	132,629	129,909	126,583	0	0	0	39,709	31,818	27,208	-12,751	-17,253	-29,478	-36,522	0	0	0
Net income attributable to Bluegreen Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0
Earnings per share from continuing operations attributable to Bluegreen shareholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.34	0.38	0.47	0.19	0.16	0.31	0.31	0.13	-0.02	0.26
Loss per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.05	-0.01	-0.04	-0.01	-0.17	-0.08	-1.17	-0.04	-0.52	-0.12
Earnings (loss) per share attributable to Bluegreen shareholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.30	0.37	0.42	0.18	0.00	0.23	-0.86	0.08	-0.54	0.14
Earnings per share from continuing operations attributable to Bluegreen shareholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.34	0.38	0.46	0.19	0.16	0.30	0.30	0.12	-0.02	0.26
Loss per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.05	-0.01	-0.04	-0.01	-0.17	-0.08	-1.13	-0.04	-0.52	-0.12
Earnings (loss) per share attributable to Bluegreen shareholders (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.29	0.37	0.42	0.18	-0.01	0.22	-0.83	0.08	-0.54	0.14
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-62,517	31,347	31,264	31	-62,361	31,245	31,210	31	31	31
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-63,077	31,605	31,568	31	-64,488	32,429	32,156	32	31	31
Comprehensive income attributable to Bluegreen Vacations Corporation Shareholders
19,899	34,851	44,086	44,247	82,140	87,962	86,713	0	0	-	0	-	-	39,709	30,435	25,825	-14,134	-17,253	0	0	0	-	-
Earnings per share attributable to Bluegreen Vacation Corporation shareholders - Basic and diluted
0.00	0.15	0.27	-0.15	0.20	0.27	0.27	0.36	0.28	0.92	0.26	0.34	0.25	-	-	-	-	-	-	-	-	-	-
Weighted average number of common shares outstanding:
Basic and diluted
74,066	223,161	74	74	74,446	223,964	74	74	74,734	143,725	70	70,998	70,998	-	-	-	-	-	-	-	-	-	-
Cash dividends declared per share
0.13	0.13	0.17	0.17	0.17	0.15	0.15	0.15	0.15	-	0.28	0.28	-	-	-	-	-	-	-	-	-	-	-
Gross Sales Of VOIs [Member]
Total revenue
323,673	311,076	300,026	302,448	304,254	305,530	310,167	298,418	289,129	288,414	0	0	0	236,829	217,380	208,712	202,449	193,509	221,353	164,752	0	0	0
Sales of VOIs [Member]
Total revenue
248,772	255,375	245,164	249,544	249,815	254,225	261,335	253,090	243,922	242,017	0	0	0	208,164	188,079	176,995	170,526	164,135	166,384	120,543	0	0	0
Fee-Based Sales Commission Revenue [Member]
Total revenue
203,985	207,832	209,874	211,037	215,780	216,422	217,924	226,260	230,089	229,389	0	0	0	87,795	87,420	83,082	75,687	73,673	67,680	44,232	0	0	0
Other Fee-Based Services Revenue [Member]
Total revenue
124,990	125,244	122,567	119,880	119,568	118,024	117,849	114,178	113,722	111,819	0	0	0	74,626	74,751	74,188	72,600	70,985	70,801	51,979	0	0	0
Cost Reimbursements [Member]
Total revenue
65,965	63,889	70,888	66,677	63,378	62,534	59,138	56,335	54,169	52,639	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest Income [Member]
Total revenue
87,760	87,902	88,107	87,557	86,800	85,914	84,974	84,739	85,612	86,876	0	0	0	86,275	87,752	89,800	92,014	94,653	98,452	74,945	0	0	0
Other Income, Net [Member]
Total revenue
0	-	4,160	2,392	1,109	1,201	0	0	0	-	-	0	-	805	759	0	0	-	0	-	0	-	-