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10-Q Filing

MARRIOTT VACATIONS WORLDWIDE CORP CIK: 1524358 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001524358-22-000018
Period End Date 20220331
Filing Date 20220509
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance vac-20220331_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $342.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $354.00M USD Point-in-time
Restricted cash (including $78 and $139 from VIEs, respectively) RestrictedCashAndCashEquivalents $296.00M USD Point-in-time
Restricted cash (including $78 and $139 from VIEs, respectively) RestrictedCashAndCashEquivalents $461.00M USD Point-in-time
Accounts receivable, net (including $12 and $12 from VIEs, respectively) AccountsReceivableIncludingVariableInterestEntitiesAfterAllowanceforCreditLoss $279.00M USD Point-in-time
Accounts receivable, net (including $12 and $12 from VIEs, respectively) AccountsReceivableIncludingVariableInterestEntitiesAfterAllowanceforCreditLoss $234.00M USD Point-in-time
Vacation ownership notes receivable, net (including $1,661 and $1,662 from VIEs, respectively) NotesReceivableNet $2.04B USD Point-in-time
Vacation ownership notes receivable, net (including $1,661 and $1,662 from VIEs, respectively) NotesReceivableNet $2.03B USD Point-in-time
Inventory InventoryTimeshare $693.00M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $461.00M USD Point-in-time
Inventory InventoryTimeshare $719.00M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $296.00M USD Point-in-time
Accounts receivable, net AccountsReceivableIncludingVariableInterestEntitiesAfterAllowanceforCreditLoss $279.00M USD Point-in-time
Accounts receivable, net AccountsReceivableIncludingVariableInterestEntitiesAfterAllowanceforCreditLoss $234.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $1.16B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $1.14B USD Point-in-time
Goodwill Goodwill $3.14B USD Point-in-time
Goodwill Goodwill $3.15B USD Point-in-time
Vacation ownership notes receivable, net NotesReceivableNet $2.04B USD Point-in-time
Vacation ownership notes receivable, net NotesReceivableNet $2.03B USD Point-in-time
Other assets OtherAssets $614.00M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $978.00M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $993.00M USD Point-in-time
Other assets OtherAssets $488.00M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrentAndNoncurrent $347.00M USD Point-in-time
Other (including $74 and $76 from VIEs, respectively) OtherAssets $488.00M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrentAndNoncurrent $345.00M USD Point-in-time
Other (including $74 and $76 from VIEs, respectively) OtherAssets $614.00M USD Point-in-time
TOTAL ASSETS Assets $9.50B USD Point-in-time
Secured debt, net SecuredDebt $1.86B USD Point-in-time
TOTAL ASSETS Assets $9.61B USD Point-in-time
Secured debt, net SecuredDebt $1.78B USD Point-in-time
Preferred stock, par value (in usd per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in usd per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.00M shares Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $265.00M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $212.00M USD Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Advance deposits ContractWithCustomerLiabilityAdvanceDeposits $194.00M USD Point-in-time
Preferred stock, issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Advance deposits ContractWithCustomerLiabilityAdvanceDeposits $160.00M USD Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accrued liabilities (including $2 and $2 from VIEs, respectively) AccruedLiabilitiesCurrentAndNoncurrent $347.00M USD Point-in-time
Preferred stock, outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accrued liabilities (including $2 and $2 from VIEs, respectively) AccruedLiabilitiesCurrentAndNoncurrent $345.00M USD Point-in-time
Common stock, par (in usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par (in usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityDeferredRevenue $453.00M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityDeferredRevenue $507.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Payroll and benefits liability EmployeeRelatedLiabilitiesCurrentAndNoncurrent $201.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Payroll and benefits liability EmployeeRelatedLiabilitiesCurrentAndNoncurrent $214.00M USD Point-in-time
Deferred compensation liability DeferredCompensationLiabilityCurrentAndNoncurrent $142.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 75.72M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 75.52M shares Point-in-time
Deferred compensation liability DeferredCompensationLiabilityCurrentAndNoncurrent $136.00M USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 33.24M shares Point-in-time
Securitized debt, net (including $1,799 and $1,877 from VIEs, respectively) SecuredDebt $1.78B USD Point-in-time
Securitized debt, net (including $1,799 and $1,877 from VIEs, respectively) SecuredDebt $1.86B USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 33.97M shares Point-in-time
Debt, net DebtAndFinanceLeaseObligationsNet $2.75B USD Point-in-time
Debt, net DebtAndFinanceLeaseObligationsNet $2.63B USD Point-in-time
Other OtherLiabilities $206.00M USD Point-in-time
Other OtherLiabilities $224.00M USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet $350.00M USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet $333.00M USD Point-in-time
TOTAL LIABILITIES Liabilities $6.68B USD Point-in-time
TOTAL LIABILITIES Liabilities $6.63B USD Point-in-time
Contingencies and Commitments (Note 11) CommitmentsAndContingencies - USD Point-in-time
Contingencies and Commitments (Note 11) CommitmentsAndContingencies - USD Point-in-time
Preferred stock $0.01 par value; 2,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock $0.01 par value; 2,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Common stock $0.01 par value; 100,000,000 shares authorized; 75,721,548 and 75,519,049 shares issued, respectively CommonStockValue $1.00M USD Point-in-time
Common stock $0.01 par value; 100,000,000 shares authorized; 75,721,548 and 75,519,049 shares issued, respectively CommonStockValue $1.00M USD Point-in-time
Treasury stock at cost; 33,971,376 and 33,235,671 shares, respectively TreasuryStockValue $1.47B USD Point-in-time
Treasury stock at cost; 33,971,376 and 33,235,671 shares, respectively TreasuryStockValue $1.36B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $4.07B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $3.94B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-16.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $275.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $338.00M USD Point-in-time
TOTAL MVW SHAREHOLDERS' EQUITY StockholdersEquity $2.98B USD Point-in-time
TOTAL MVW SHAREHOLDERS' EQUITY StockholdersEquity $2.81B USD Point-in-time
Noncontrolling interests MinorityInterest $10.00M USD Point-in-time
Noncontrolling interests MinorityInterest $10.00M USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.74B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.68B USD Point-in-time
TOTAL EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.82B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $9.50B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $9.61B USD Point-in-time
Income Statement 47 line items
Line Item Tag Value Unit Period
Revenue from contracts with customers RevenueFromContractWithCustomerExcludingAssessedTax $700.00M USD 1 Quarter
Revenue from contracts with customers RevenueFromContractWithCustomerExcludingAssessedTax $981.00M USD 1 Quarter
Financing FinancingRevenueNotFromContractWithCustomer $71.00M USD 1 Quarter
Financing FinancingRevenueNotFromContractWithCustomer $59.00M USD 1 Quarter
Cost reimbursements RevenuesCostReimbursement $316.00M USD 1 Quarter
Cost reimbursements RevenuesCostReimbursement $255.00M USD 1 Quarter
TOTAL REVENUES Revenues $759.00M USD 1 Quarter
TOTAL REVENUES Revenues $1.05B USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $109.00M USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $182.00M USD 1 Quarter
Financing FinancingExpenseNotFromContractWithCustomer $21.00M USD 1 Quarter
Financing FinancingExpenseNotFromContractWithCustomer $21.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $61.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $46.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $41.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $33.00M USD 1 Quarter
Litigation charges GainLossRelatedToLitigationSettlement $-3.00M USD 1 Quarter
Litigation charges GainLossRelatedToLitigationSettlement $-3.00M USD 1 Quarter
Royalty fee RoyaltyExpense $25.00M USD 1 Quarter
Royalty fee RoyaltyExpense $27.00M USD 1 Quarter
Cost reimbursements CostReimbursementsExpense $316.00M USD 1 Quarter
Cost reimbursements CostReimbursementsExpense $255.00M USD 1 Quarter
TOTAL EXPENSES CostsAndExpenses $739.00M USD 1 Quarter
TOTAL EXPENSES CostsAndExpenses $911.00M USD 1 Quarter
Gains and other income, net GainsLossesAndOtherIncomeExpenseNet $6.00M USD 1 Quarter
Gains and other income, net GainsLossesAndOtherIncomeExpenseNet $4.00M USD 1 Quarter
Interest expense InterestIncomeExpenseNonoperatingNet $-43.00M USD 1 Quarter
Interest expense InterestIncomeExpenseNonoperatingNet $-27.00M USD 1 Quarter
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts $28.00M USD 1 Quarter
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts $19.00M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS IncomeLossIncludingPortionAttributableToNoncontrollingInterest $90.00M USD 1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS IncomeLossIncludingPortionAttributableToNoncontrollingInterest $-36.00M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $-11.00M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $32.00M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $58.00M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $-25.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $-28.00M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLoss $58.00M USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $1.36 USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $-0.68 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $1.23 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $-0.68 USD 1 Quarter
CASH DIVIDENDS DECLARED PER SHARE (in usd per share) CommonStockDividendsPerShareDeclared $0.62 USD 1 Quarter
CASH DIVIDENDS DECLARED PER SHARE (in usd per share) CommonStockDividendsPerShareDeclared - USD 1 Quarter
CASH DIVIDENDS DECLARED PER SHARE (in usd per share) CommonStockDividendsPerShareDeclared $0.62 USD Point-in-time
Cash Flow Statement 98 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-25.00M USD 1 Quarter
Net income (loss) ProfitLoss $58.00M USD 1 Quarter
Depreciation and amortization of intangibles AmortizationOfIntangibleAssets $41.00M USD 1 Quarter
Depreciation and amortization of intangibles AmortizationOfIntangibleAssets $33.00M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $11.00M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $5.00M USD 1 Quarter
Vacation ownership notes receivable reserve ProvisionForLoanAndLeaseLosses $14.00M USD 1 Quarter
Vacation ownership notes receivable reserve ProvisionForLoanAndLeaseLosses $29.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.00M USD 1 Quarter
Deferred income taxes NoncashIncomeTaxExpenseBenefit $15.00M USD 1 Quarter
Deferred income taxes NoncashIncomeTaxExpenseBenefit $18.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsAndOtherReceivables $-45.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsAndOtherReceivables $-51.00M USD 1 Quarter
Vacation ownership notes receivable originations IncreaseDecreaseInNotesReceivableOriginations $-108.00M USD 1 Quarter
Vacation ownership notes receivable originations IncreaseDecreaseInNotesReceivableOriginations $-205.00M USD 1 Quarter
Vacation ownership notes receivable collections IncreaseDecreaseInNotesReceivableCollections $-188.00M USD 1 Quarter
Vacation ownership notes receivable collections IncreaseDecreaseInNotesReceivableCollections $-165.00M USD 1 Quarter
Inventory IncreaseDecreaseInInventories $-28.00M USD 1 Quarter
Inventory IncreaseDecreaseInInventories $26.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $138.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $134.00M USD 1 Quarter
Accounts payable, advance deposits and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-30.00M USD 1 Quarter
Accounts payable, advance deposits and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $12.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $54.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $102.00M USD 1 Quarter
Payroll and benefit liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $13.00M USD 1 Quarter
Payroll and benefit liabilities IncreaseDecreaseInEmployeeRelatedLiabilities $31.00M USD 1 Quarter
Deferred compensation liability IncreaseDecreaseInDeferredCompensation $-7.00M USD 1 Quarter
Deferred compensation liability IncreaseDecreaseInDeferredCompensation $-2.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $5.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-3.00M USD 1 Quarter
Deconsolidation of certain Consolidated Property Owners' Associations DeconsolidationGainOrLossAmount $71.00M USD 1 Quarter
Deconsolidation of certain Consolidated Property Owners' Associations DeconsolidationGainOrLossAmount - USD 1 Quarter
Purchase of vacation ownership units for future transfer to inventory PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory $12.00M USD 1 Quarter
Purchase of vacation ownership units for future transfer to inventory PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory $99.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-1.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-4.00M USD 1 Quarter
Net cash, cash equivalents and restricted cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $129.00M USD 1 Quarter
Net cash, cash equivalents and restricted cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-60.00M USD 1 Quarter
Capital expenditures for property and equipment (excluding inventory) PaymentsToAcquirePropertyPlantAndEquipment $7.00M USD 1 Quarter
Capital expenditures for property and equipment (excluding inventory) PaymentsToAcquirePropertyPlantAndEquipment $9.00M USD 1 Quarter
Purchase of company owned life insurance PaymentsForProceedsFromLifeInsurancePolicies $1.00M USD 1 Quarter
Purchase of company owned life insurance PaymentsForProceedsFromLifeInsurancePolicies $4.00M USD 1 Quarter
Dispositions, net ProceedsFromSaleOfOtherPropertyPlantAndEquipment $3.00M USD 1 Quarter
Dispositions, net ProceedsFromSaleOfOtherPropertyPlantAndEquipment - USD 1 Quarter
Net cash, cash equivalents and restricted cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-8.00M USD 1 Quarter
Net cash, cash equivalents and restricted cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-10.00M USD 1 Quarter
Borrowings from securitization transactions ProceedsFromIssuanceOfSecuredDebt - USD 1 Quarter
Borrowings from securitization transactions ProceedsFromIssuanceOfSecuredDebt $102.00M USD 1 Quarter
Repayment of debt related to securitization transactions RepaymentsOfSecuredDebt $178.00M USD 1 Quarter
Repayment of debt related to securitization transactions RepaymentsOfSecuredDebt $159.00M USD 1 Quarter
Proceeds from debt ProceedsFromIssuanceOfDebt $561.00M USD 1 Quarter
Proceeds from debt ProceedsFromIssuanceOfDebt $30.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $30.00M USD 1 Quarter
Repayments of debt RepaymentsOfDebt $100.00M USD 1 Quarter
Purchase of convertible note hedges PaymentsForDerivativeInstrumentFinancingActivities $100.00M USD 1 Quarter
Purchase of convertible note hedges PaymentsForDerivativeInstrumentFinancingActivities - USD 1 Quarter
Proceeds from issuance of warrants ProceedsFromIssuanceOfWarrants - USD 1 Quarter
Proceeds from issuance of warrants ProceedsFromIssuanceOfWarrants $70.00M USD 1 Quarter
Finance lease payment FinanceLeasePrincipalPayments $2.00M USD 1 Quarter
Finance lease payment FinanceLeasePrincipalPayments - USD 1 Quarter
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $4.00M USD 1 Quarter
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $2.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $119.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Payment of dividends PaymentsOfDividends - USD 1 Quarter
Payment of dividends PaymentsOfDividends $49.00M USD 1 Quarter
Payment of withholding taxes on vesting of restricted stock units RestrictedStockValueSharesIssuedNetOfTaxWithholdings $15.00M USD 1 Quarter
Payment of withholding taxes on vesting of restricted stock units RestrictedStockValueSharesIssuedNetOfTaxWithholdings $22.00M USD 1 Quarter
Net cash, cash equivalents and restricted cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-272.00M USD 1 Quarter
Net cash, cash equivalents and restricted cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $255.00M USD 1 Quarter
Effect of changes in exchange rates on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.00M USD 1 Quarter
Effect of changes in exchange rates on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-153.00M USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $186.00M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $992.00M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $650.00M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.18B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $803.00M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $992.00M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $650.00M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.18B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $803.00M USD Point-in-time
Non-cash transfer from property and equipment to inventory TransferFromPropertyAndEquipmentToInventory $2.00M USD 1 Quarter
Non-cash transfer from property and equipment to inventory TransferFromPropertyAndEquipmentToInventory $3.00M USD 1 Quarter
Non-cash transfer from inventory to property and equipment TransferFromInventoryToPropertyAndEquipment $2.00M USD 1 Quarter
Non-cash transfer from inventory to property and equipment TransferFromInventoryToPropertyAndEquipment $31.00M USD 1 Quarter
Non-cash transfer of other assets to property and equipment TransferFromOtherAssetsToPropertyAndEquipment $22.00M USD 1 Quarter
Non-cash transfer of other assets to property and equipment TransferFromOtherAssetsToPropertyAndEquipment $13.00M USD 1 Quarter
Non-cash issuance of debt in connection with asset acquisition IssuanceOfDebtInConnectionWithAssetAcquisition $11.00M USD 1 Quarter
Non-cash issuance of debt in connection with asset acquisition IssuanceOfDebtInConnectionWithAssetAcquisition - USD 1 Quarter
Non-cash issuance of treasury stock for employee stock purchase plan StockIssued1 - USD 1 Quarter
Non-cash issuance of treasury stock for employee stock purchase plan StockIssued1 $1.00M USD 1 Quarter
Interest paid, net of amounts capitalized InterestPaidNet $30.00M USD 1 Quarter
Interest paid, net of amounts capitalized InterestPaidNet $53.00M USD 1 Quarter
Income tax refunds, net of income taxes paid IncomeTaxesPaidNet $-7.00M USD 1 Quarter
Income tax refunds, net of income taxes paid IncomeTaxesPaidNet $-30.00M USD 1 Quarter
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Beginning balance (in shares) CommonStockSharesIssued 75.72M shares Point-in-time
Beginning balance (in shares) CommonStockSharesIssued 75.52M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.68B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.74B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.82B USD Point-in-time
Net (loss) income ProfitLoss $-25.00M USD 1 Quarter
Net (loss) income ProfitLoss $58.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.00M USD 1 Quarter
Derivative instrument adjustment OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $16.00M USD 1 Quarter
Derivative instrument adjustment OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $6.00M USD 1 Quarter
Share-based compensation plans AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $-15.00M USD 1 Quarter
Share-based compensation plans AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $-4.00M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $119.00M USD 1 Quarter
Dividends Dividends $26.00M USD 1 Quarter
Equity component of convertible notes, net of issuance costs AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $117.00M USD 1 Quarter
Purchase of convertible note hedges AdjustmentsToAdditionalPaidInCapitalPurchaseOfConvertibleNoteHedges $-100.00M USD 1 Quarter
Issuance of warrants StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants $70.00M USD 1 Quarter
Deconsolidation of certain Consolidated Property Owners' Associations NoncontrollingInterestDecreaseFromDeconsolidation $5.00M USD 1 Quarter
Ending balance (in shares) CommonStockSharesIssued 75.72M shares Point-in-time
Ending balance (in shares) CommonStockSharesIssued 75.52M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.99B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.68B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.74B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.82B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
NET INCOME (LOSS) ProfitLoss $-25.00M USD 1 Quarter
NET INCOME (LOSS) ProfitLoss $58.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.00M USD 1 Quarter
Derivative instrument adjustment, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $16.00M USD 1 Quarter
Derivative instrument adjustment, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $6.00M USD 1 Quarter
OTHER COMPREHENSIVE GAIN, NET OF TAX OtherComprehensiveIncomeLossNetOfTax $20.00M USD 1 Quarter
OTHER COMPREHENSIVE GAIN, NET OF TAX OtherComprehensiveIncomeLossNetOfTax $3.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Other comprehensive income attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Other comprehensive income attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS ComprehensiveIncomeNetOfTax $-25.00M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS ComprehensiveIncomeNetOfTax $78.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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