| Business Summary | | Bluegreen
Corporation
is
a
marketer
of
vacation
and
residential
lifestyle
choices
through
its
resorts
and
residential
land
and
golf
businesses.
The
Company's
resorts
business
acquires,
develops
and
markets
timeshare
interests
in
resorts
generally
located
in
popular
high-volume,
"drive-to"
vacation
destinations.
The
Company
currently
develops,
markets
and
sells
Timeshare
Interests
in
12
resorts
located
in
the
United
States
and
the
Caribbean.
The
Company
also
markets
and
sells
Timeshare
Interests
at
three
off-site
sales
locations.
The
Company's
residential
land
and
golf
business
acquires,
develops
and
subdivides
property
and
markets
the
subdivided
residential
lots
to
retail
customers
seeking
to
build
a
home
in
a
high
quality
residential
setting,
in
some
cases
on
properties
featuring
a
golf
course
and
related
amenities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bluegreen
Corp.
markets
vacation
and
residential
lifestyle
choices
through
its
resort
and
residential
golf
businesses.
BXG
acquires,
develops
and
sells
residential
land
and
timeshare
properties
in
the
U.S.
and
the
Caribbean.
For
the
fiscal
year
ended
4/1/01,
revenues
rose
8%
to
$275.7
million.
Net
income
fell
60%
to
$2.7
million.
Revenues
reflect
increased
timeshare
sales.
Earnings
were
offset
by
increased
sales
and
marketing
expenses
for
Bluegreen
Air. Recent Earnings Announcement For
the
3
months
ended
07/01/2001,
revenues
were
71,813;
after
tax
earnings
were
4,135. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| George Donovan, 61 Pres
and CEO | $560K | -- | John Chiste, 44 Sr.
VP, CFO and Treasurer | 225K | -- | Mark Ryall, 41 Sr.
VP, CIO | -- | -- | L. Nicholas Gray, 53 Sr.
VP - Resorts Division | 234K | -- | Daniel Koscher, 42 Sr.
VP - Land Division | 256K | $20K | Dollar
amounts are as of 2-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|