| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| | 10-K/A | 10-K/A | 10-K/A | 10-K | 10-K | S-1/A |
| Revenues: |
| Vacation Interests sales and financing | 765.0 | | 552.9 | 368.9 | 250.9 | 252.9 |
| Hospitality and management services | 187.7 | 199.3 | 175.4 | 153.3 | 137.3 | 117.7 |
| Corporate and other | 1.3 | | 1.4 | 1.4 | 2.9 | 0.2 |
| Other | | 645.3 | | | | |
| Total revenues [+] | 954.0 | 844.6 | 729.8 | 523.7 | 391.0 | 370.8 |
| Timeshare | | | | 318.6 | 211.3 | 214.8 |
| Net interest income | 80.3 | 68.4 | 57.0 | 53.2 | 47.3 | 39.3 |
| Other | 68.9 | 53.6 | 41.4 | 0.0 | 0.0 | |
| Other income | 68.9 | 53.6 | 41.4 | 28.7 | 19.8 | 16.6 |
| Revenue growth [+] | 13.0% | 15.7% | 39.4% | 33.9% | 5.4% | |
| Vacation Interests sales and financing | | | 49.9% | 47.1% | -0.8% | |
| Hospitality and management services | -5.8% | 13.6% | 14.4% | 11.7% | 16.6% | |
| Corporate and other | | | 0.4% | -50.0% | 1524.3% | |
| Cost of goods sold | 37.7 | 30.3 | 56.7 | 32.2 | -9.7 | 39.7 |
| Gross profit | 916.3 | 814.2 | 673.1 | 491.5 | 400.7 | 331.1 |
| Gross margin | 96.0% | 96.4% | 92.2% | 93.9% | 102.5% | 89.3% |
| Selling, general and administrative [+] | 462.9 | 400.1 | 404.4 | 277.4 | 209.1 | 181.9 |
| Sales and marketing | 350.4 | 297.1 | 258.5 | 178.4 | 128.7 | 114.0 |
| General and administrative | 112.5 | 103.0 | 145.9 | 99.0 | 80.4 | 67.9 |
| Other operating expenses | 127.8 | 222.7 | 163.7 | 99.4 | 90.4 | 88.0 |
| EBITDA [+] | 325.7 | 191.5 | 105.1 | 114.8 | 101.2 | 61.2 |
| EBITDA growth | 70.1% | 82.3% | -8.4% | 13.4% | 65.4% | |
| EBITDA margin | 34.1% | 22.7% | 14.4% | 21.9% | 25.9% | 16.5% |
| Depreciation | 16.2 | 13.2 | 11.2 | 18.9 | 14.0 | 11.9 |
| EBITA | 309.4 | 178.3 | 93.9 | 95.9 | 87.2 | 49.2 |
| EBITA margin | 32.4% | 21.1% | 12.9% | 18.3% | 22.3% | 13.3% |
| Amortization of intangibles | 18.3 | 19.3 | 17.0 | | | |
| EBIT [+] | 291.1 | 159.0 | 76.9 | 95.9 | 87.2 | 49.2 |
| EBIT growth | 83.1% | 106.8% | -19.8% | 10.0% | 77.2% | |
| EBIT margin | 30.5% | 18.8% | 10.5% | 18.3% | 22.3% | 13.3% |
| Non-recurring items [+] | 0.0 | 6.0 | 0.6 | 0.4 | 4.4 | 1.4 |
| Asset impairment | 0.0 | 6.2 | 1.6 | 1.0 | 1.6 | 3.3 |
| Loss (gain) on sale of assets | 0.0 | -0.3 | -1.0 | -0.6 | -0.7 | -1.9 |
| Interest expense | 48.5 | 56.9 | 88.6 | 96.2 | 82.0 | 67.2 |
| Interest expense | 48.5 | 56.9 | 88.6 | 96.2 | 82.0 | 67.2 |
| Other income (expense), net [+] | | 46.8 | 15.6 | | | -1.1 |
| Amortization of financing costs and debt discount | | | | | 5.0 | |
| Gain (loss) on debt retirement | | -46.8 | -15.6 | | | 1.1 |
| Gain (loss) on acquisitions / transactions | | | -2.9 | -20.6 | -14.3 | |
| Other | 0.0 | 0.0 | 0.1 | | | |
| Pre-tax income | 242.7 | 142.9 | 3.3 | -0.7 | 0.8 | -20.4 |
| Income taxes | 98.8 | 62.6 | 5.8 | -14.3 | -9.5 | -1.3 |
| Tax rate | 40.7% | 43.8% | 177.6% | 2145.4% | | 6.2% |
| Net income | 143.9 | 80.3 | -2.5 | 13.6 | 10.3 | -19.2 |
| Net margin | 15.1% | 9.5% | -0.3% | 2.6% | 2.6% | -5.2% |
| |
| Basic EPS [+] | $1.97 | $1.06 | ($0.04) | $0.25 | $0.22 | |
| Growth | 85.6% | -2783.2% | -115.6% | 17.6% | | |
| Diluted EPS [+] | $1.91 | $1.04 | ($0.04) | $0.25 | $0.22 | |
| Growth | 82.8% | -2731.6% | -115.6% | 17.6% | | |
| |
| Shares outstanding (basic) [+] | 72.9 | 75.5 | 63.7 | 53.8 | 47.8 | |
| Growth | -3.4% | 18.5% | 18.5% | 12.6% | | |
| Shares outstanding (diluted) [+] | 75.5 | 76.9 | 63.7 | 53.8 | 47.8 | |
| Growth | -1.9% | 20.8% | 18.5% | 12.6% | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |