XML 42 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Significant Accounting Policies (Summary Of Impacts From ASU Adoption) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Notes receivable, net $ 439,484   $ 439,484   $ 426,858 [1] $ 425,800
Deferred income 15,509   15,509   16,893 [1] 19,522
Deferred income taxes 91,696   91,696   88,966 [1] 130,989
Total shareholder's equity 472,805   472,805   433,654 [1] 298,311
Revenues 202,205 $ 195,209 [1],[2] 564,662 $ 544,915 [1],[2]    
Cost reimbursements 16,900 14,097 [1],[2] 47,157 40,660 [1],[2] 52,639 49,557
Cost of VOIs sold 11,237 6,444 [1],[2] 19,838 11,352 [1],[2] 17,679 28,829
Selling, general and administrative expenses 112,407 114,934 [1],[2] 315,535 312,257 [1],[2] 421,199 419,929
Income before non-controlling interest and provision for income taxes 32,516 34,375 [1] 102,679 108,084 [1] 136,998 129,624
Provision (benefit) for income taxes 8,443 12,584 [1],[2] 24,997 38,487 [1],[2] (2,345) 41,620
Net income 24,073 21,791 [1],[2] 77,682 69,597 [1],[2] 139,343 88,004
Less: Net income attributable to non-controlling interest 3,585 3,251 [1],[2] 9,509 9,418 [1],[2] 12,760 10,125
Net income attributable to Bluegreen Vacations Corporation Shareholders $ 20,488 $ 18,540 [1],[2] $ 68,173 $ 60,179 [1],[2] $ 126,583 $ 77,879
Basic and diluted earnings per share $ 0.27 $ 0.26 [1],[2] $ 0.91 $ 0.85 [1],[2] $ 1.77 $ 1.10
Sales of VOIs [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Revenues $ 70,698 $ 62,453 [1],[2] $ 195,412 $ 176,094 [1],[2] $ 242,017 $ 273,874
Cost Reimbursements [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Revenues $ 16,900 14,097 [1],[2] $ 47,157 40,660 [1],[2] 52,639 49,557
Prior To Adoption/As Previously Reported [Member] | Accounting Standards Update 2014-09 [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Notes receivable, net         431,801 430,480
Deferred income         36,311 37,015
Deferred income taxes         83,628 126,278
Total shareholder's equity         424,517 290,208
Cost of VOIs sold   6,284   10,737 17,439 27,346
Selling, general and administrative expenses   114,637   311,402 420,746 418,357
Income before non-controlling interest and provision for income taxes   34,066   106,299 135,336 124,948
Provision (benefit) for income taxes   12,520   37,844 (2,974) 40,172
Net income   21,546   68,455 138,310 84,776
Less: Net income attributable to non-controlling interest   3,110   9,398 12,784 9,825
Net income attributable to Bluegreen Vacations Corporation Shareholders   $ 18,436   $ 59,057 $ 125,526 $ 74,951
Basic and diluted earnings per share   $ 0.26   $ 0.83 $ 1.76 $ 1.06
Prior To Adoption/As Previously Reported [Member] | Sales of VOIs [Member] | Accounting Standards Update 2014-09 [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Revenues   $ 61,687   $ 172,839 $ 239,662 $ 266,142
New Revenue Standard Adjustment [Member] | Accounting Standards Update 2014-09 [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Notes receivable, net         (4,943) (4,680)
Deferred income         (19,418) (17,493)
Deferred income taxes         5,338 4,711
Total shareholder's equity         9,137 8,103
Cost reimbursements   14,097   40,660 52,639 49,557
Cost of VOIs sold   160   615 240 1,483
Selling, general and administrative expenses   297   855 453 1,572
Income before non-controlling interest and provision for income taxes   309   1,785 1,662 4,676
Provision (benefit) for income taxes   64   643 629 1,448
Net income   245   1,142 1,033 3,228
Less: Net income attributable to non-controlling interest   141   20 (24) 300
Net income attributable to Bluegreen Vacations Corporation Shareholders   104   $ 1,122 $ 1,057 $ 2,928
Basic and diluted earnings per share       $ 0.02 $ 0.01 $ 0.04
New Revenue Standard Adjustment [Member] | Sales of VOIs [Member] | Accounting Standards Update 2014-09 [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Revenues   766   $ 3,255 $ 2,355 $ 7,732
New Revenue Standard Adjustment [Member] | Cost Reimbursements [Member] | Accounting Standards Update 2014-09 [Member]            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
Revenues   $ 14,097   $ 40,660 $ 52,639 $ 49,557
[1] * See Note 2 for summary of adjustments.
[2] The calculation of basic and diluted earnings per share and the cash dividends declared per share for the 2017 periods reflects 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.