Diamond Resorts International Inc (DRII) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
10600 WEST CHARLESTON BOULEVARD LAS VEGAS, NV 89135 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 290,510 | 242,486 | 35,945 | |||
| Cash and cash equivalents | 290,510 | 242,486 | 35,945 | |||
| Receivables | 147 | 55,555 | ||||
| Inventory, net of allowances, customer advances and progress billings | 358,278 | 262,172 | 298,110 | |||
| Inventory | 358,278 | 262,172 | 298,110 | |||
| Prepaid expense | 2,689 | 4,362 | ||||
| Deferred costs | 26,738 | 20,826 | 20,086 | |||
| Funds held for clients | 18,626 | 17,862 | 17,091 | |||
| Advances on inventory purchases | 4,767 | 4,067 | 3,028 | |||
| Disposal group, including discontinued operation | 14,452 | |||||
| Asset, held-for-sale, not part of disposal group | 1,672 | ✕ | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 2,497 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | 25 | ||
| Other undisclosed current assets | (113,358) | (85,129) | (68,812) | |||
| Total current assets: | 590,069 | 536,653 | 307,970 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 95,361 | 70,871 | 60,396 | |||
| Long-term investments and receivables | 704,081 | 553,689 | ||||
| Accounts and financing receivable, after allowance for credit loss | 704,081 | 553,689 | ||||
| Intangible assets, net (including goodwill) | 326,711 | 209,418 | 229,264 | |||
| Goodwill | 104,521 | 30,632 | 30,632 | |||
| Intangible assets, net (excluding goodwill) | 222,190 | 178,786 | 198,632 | |||
| Disposal group, including discontinued operation, noncurrent assets | 253 | ✕ | ||||
| Deferred costs | 17,109 | 18,492 | 13,153 | |||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | 10,662 | ||
| Deferred tax assets, net | 577 | 423 | ||||
| Other undisclosed noncurrent assets | 259,118 | 187,977 | 679,750 | |||
| Total noncurrent assets: | 1,402,957 | 1,041,123 | 993,225 | |||
| TOTAL ASSETS: | 1,993,026 | 1,577,776 | 1,301,195 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 28,423 | 17,635 | 2,572 | |||
| Employee-related liabilities | 3,538 | 2,682 | 2,572 | |||
| Accrued liabilities | 24,885 | 14,953 | ||||
| Total current liabilities: | 28,423 | 17,635 | 2,572 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 75,706 | 23,857 | ||||
| Liability for uncertainty in income taxes | 75,706 | 23,857 | ||||
| Total noncurrent liabilities: | 75,706 | 23,857 | ||||
| Other undisclosed liabilities | 1,617,935 | 1,268,935 | 1,090,810 | |||
| Total liabilities: | 1,722,064 | 1,310,427 | 1,093,382 | |||
| Equity | ||||||
| Equity, attributable to parent | 270,962 | 267,349 | 207,813 | |||
| Common stock | 719 | 757 | 755 | |||
| Treasury stock, value | (60,057) | (16,077) | ||||
| Additional paid in capital | 381,475 | 482,732 | 463,194 | |||
| Accumulated other comprehensive loss | (20,151) | (19,561) | (16,177) | |||
| Accumulated deficit | (31,024) | (180,502) | (239,959) | |||
| Total equity: | 270,962 | 267,349 | 207,813 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,993,026 | 1,577,776 | 1,301,195 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|
| Revenues | 954,040 | 844,566 | 729,788 | ||
| Revenue, net | 642,008 | 553,083 | |||
| Cost of revenue | (84,924) | (214,135) | (226,963) | ||
| Cost of goods and services sold | (28,721) | (63,680) | (57,002) | ||
| Gross profit: | 869,116 | 630,431 | 502,825 | ||
| Operating expenses | (617,468) | (520,740) | (499,573) | ||
| Operating income: | 251,648 | 109,691 | 3,252 | ||
| Nonoperating income (expense) (loss, Foreign Currency Transaction, before Tax) | (1,210) | (362) | |||
| Interest and debt expense | (48,476) | (103,750) | (96,128) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 201,962 | 5,579 | (92,876) | ||
| Other undisclosed income from continuing operations before income taxes | 49,686 | 104,112 | 96,128 | ||
| Income from continuing operations before income taxes: | 251,648 | 109,691 | 3,252 | ||
| Income tax expense | (102,170) | (50,234) | (5,777) | ||
| Income (loss) from continuing operations: | 149,478 | 59,457 | (2,525) | ||
| Income (loss) before gain (loss) on sale of properties: | 149,478 | 59,457 | (2,525) | ||
| Net income (loss) available to common stockholders, diluted: | 149,478 | 59,457 | (2,525) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|
| Net income (loss): | 149,478 | 59,457 | (2,525) | ||
| Other comprehensive income (loss) | (17) | (3,384) | 556 | ||
| Comprehensive income (loss): | 149,461 | 56,073 | (1,969) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (573) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 148,888 | 56,073 | (1,969) | ||
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.