Quarterly report pursuant to Section 13 or 15(d)

Revenue From Contracts With Customers (Tables)

v3.22.2.2
Revenue From Contracts With Customers (Tables)
9 Months Ended
Sep. 30, 2022
Revenue From Contracts With Customers [Abstract]  
Revenue Disaggregation

For the Three Months Ended

For the Nine Months Ended

September 30,

September 30,

2022

2021

2022

2021

Sales of VOIs (1)

$

155,218

$

107,383

$

398,506

$

255,126

Fee-based sales commission revenue (1)

14,241

35,585

57,174

96,921

Resort and club management revenue (2)

28,073

25,879

81,098

76,250

Cost reimbursements (2)

20,719

18,699

54,950

50,859

Title fees and other (1)

3,699

3,730

10,216

8,867

Other revenue (2)

2,787

2,311

7,239

6,142

Revenue from customers

224,737

193,587

609,183

494,165

Interest income (3)

25,803

20,931

71,506

59,787

Other income, net

296

774

157

Total revenue

$

250,836

$

214,518

$

681,463

$

554,109

(1) Included in the Company’s sales of VOIs and financing segment described in Note 14.

(2) Included in the Company’s resort operations and club management segment described in Note 14.

(3) Interest income of $25.5 million and $20.9 million for the three months ended September 30, 2022 and 2021, respectively, and $71.0 million and $59.5 million for the nine months ended September 30, 2022 and 2021, respectively, are included in the Company’s sales of VOIs and financing segment described in Note 14.

Company’s Contract Liabilities

September 30,

December 31,

2022

2021

Point incentives

$

4,085

$

2,676

Owner programs

2,262

2,159

Deferred revenue vacation packages

1,115

1,274

$

7,462

$

6,109