Bluegreen Vacations Holding Corporation (BVH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
401 EAST LAS OLAS BLVD FORT LAUDERDALE, FL 33301 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 175,683 | 140,225 | 221,118 | 356,604 | 366,305 | 362,526 | |||
| Cash and cash equivalents | 175,683 | 140,225 | 221,118 | 356,604 | 366,305 | 362,526 | |||
| Inventory, net of allowances, customer advances and progress billings | 22,843 | 20,110 | 23,902 | ||||||
| Inventory | 22,843 | 20,110 | 23,902 | ||||||
| Total current assets: | 175,683 | 140,225 | 221,118 | 379,447 | 386,415 | 386,428 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 22,963 | 33,467 | 34,415 | ✕ | ✕ | ||||
| Inventory, real estate | 389,864 | 334,605 | 347,122 | 65,818 | 334,149 | 281,291 | |||
| Property, plant and equipment | 85,915 | 87,852 | 90,049 | 129,686 | 139,628 | 112,858 | |||
| Intangible assets, net (including goodwill) | 61,293 | 61,348 | 61,431 | 105,434 | 106,958 | 109,931 | |||
| Goodwill | 37,248 | 37,248 | 39,482 | ||||||
| Intangible assets, net (excluding goodwill) | 61,293 | 61,348 | 61,431 | 68,186 | 69,710 | 70,449 | |||
| Total noncurrent assets: | 560,035 | 517,272 | 533,017 | 300,938 | 580,735 | 504,080 | |||
| Other undisclosed assets | 662,667 | 553,015 | 495,984 | 1,110,586 | 737,870 | 716,157 | |||
| TOTAL ASSETS: | 1,398,385 | 1,210,512 | 1,250,119 | 1,790,971 | 1,705,020 | 1,606,665 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 113,193 | 95,688 | 85,314 | ||||||
| Deferred income tax liabilities | 113,193 | 95,688 | 85,314 | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 113,193 | 95,688 | 85,314 | ||||||
| Other undisclosed liabilities | 1,041,199 | 811,024 | 902,075 | 1,146,892 | 1,064,833 | 950,399 | |||
| Total liabilities: | 1,154,392 | 906,712 | 987,389 | 1,146,892 | 1,064,833 | 950,399 | |||
| Temporary equity, carrying amount | 4,009 | 2,579 | 2,765 | ||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 171,660 | 243,433 | 187,883 | 549,795 | 549,620 | 573,230 | |||
| Additional paid in capital | 46,821 | 173,909 | 177,104 | 152,775 | 161,684 | 229,379 | |||
| Accumulated other comprehensive income | 1,554 | 1,215 | 1,708 | ||||||
| Retained earnings | 124,680 | 69,316 | 10,586 | 394,551 | 385,789 | 341,146 | |||
| Other undisclosed equity, attributable to parent | 159 | 208 | 193 | 915 | 932 | 997 | |||
| Equity, attributable to noncontrolling interest | 72,333 | 60,367 | 74,847 | 90,275 | 87,988 | 80,271 | |||
| Total equity: | 243,993 | 303,800 | 262,730 | 640,070 | 637,608 | 653,501 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,398,385 | 1,210,512 | 1,250,119 | 1,790,971 | 1,705,020 | 1,606,665 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 919,429 | 757,113 | 519,471 | 946,871 | 947,593 | 815,782 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 382,460 | |
| Cost of revenue | (237,459) | (192,711) | (194,131) | (889,034) | (822,387) | (692,091) | ||
| Other undisclosed gross profit | (46,981) | (52,036) | (44,607) | |||||
| Gross profit: | 681,970 | 564,402 | 325,340 | 10,856 | 73,170 | 79,084 | ||
| Operating expenses | (574,532) | (465,806) | (370,935) | (46,981) | (52,036) | (44,607) | ||
| Other operating expense, net | (1,179) | |||||||
| Operating income (loss): | 107,438 | 98,596 | (46,774) | (36,125) | 21,134 | 34,477 | ||
| Nonoperating income (expense) | 7 | 68 | (193) | |||||
| Gain (loss), foreign currency transaction, before tax | (75) | 68 | (193) | |||||
| Other nonoperating income | 82 | |||||||
| Interest and debt expense | (42,953) | (35,329) | (36,795) | (45,782) | (41,938) | 6,929 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 64,485 | 63,267 | (83,569) | (81,900) | (20,736) | 41,213 | ||
| Income from equity method investments | 37,898 | 14,194 | 14,483 | |||||
| Other undisclosed income from continuing operations before income taxes | 42,953 | 35,329 | 36,795 | 92,763 | 93,974 | 37,678 | ||
| Income (loss) from continuing operations before income taxes: | 107,438 | 98,596 | (46,774) | 48,761 | 87,432 | 93,374 | ||
| Income tax expense (benefit) | (26,187) | (26,664) | 2,368 | (16,658) | (31,639) | 7,223 | ||
| Income (loss) from continuing operations: | 81,251 | 71,932 | (44,406) | 32,103 | 55,793 | 100,597 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 72,832 | (77,165) | 32,103 | 55,793 | 100,597 | |
| Income (loss) from discontinued operations | 900 | (32,759) | ||||||
| Net income (loss): | 81,251 | 72,832 | (77,165) | 32,103 | 55,793 | 100,597 | ||
| Net loss attributable to noncontrolling interest | (16,866) | (14,102) | (14,412) | (20,691) | (18,402) | |||
| Other undisclosed net loss attributable to parent | (3,364) | |||||||
| Net income (loss) available to common stockholders, diluted: | 64,385 | 58,730 | (80,529) | 17,691 | 35,102 | 82,195 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 81,251 | 72,832 | (77,165) | 32,103 | 55,793 | 100,597 | ||
| Other comprehensive income (loss) | (179) | 339 | (241) | 541 | ||||
| Comprehensive income (loss): | 81,251 | 72,832 | (77,344) | 32,442 | 55,552 | 101,138 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (16,866) | (14,102) | (3,364) | (14,412) | (20,691) | (18,402) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 64,385 | 58,730 | (80,708) | 18,030 | 34,861 | 82,736 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.