| Business Summary | | Boca
Resorts,
Inc.
is
an
owner
and
operator
of
leisure
and
recreation
businesses
and
entertainment/sports
businesses.
The
leisure
and
recreation
business
primarily
consists
of
the
ownership
and
operation
of
six
luxury
resorts
with
hotels,
conference
facilities,
golf
courses,
spas,
marinas
and
private
clubs.
The
entertainment
and
sports
segment
primarily
includes
the
ownership
and
management
of
the
Florida
Panthers
Hockey
Club
and
management
of
the
National
Car
Rental
Center,
a
multi-purpose
entertainment
complex
where
the
Panthers
play
their
home
games.
In
July
2001,
the
Company
sold
its
entertainment
and
sports
segment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Boca
Resorts
operates
in
two
business
segments:
leisure
andrecreation
(luxury
resorts)
and
entertainment
and
sports
(hockey
and
ice
skating
rink
operations).
For
the
fiscal
year
ended
6/30/01,
total
revenues
decreased
9%
to
$329.2
million.
Net
income
from
continuing
operations
before
extraordinary
item
fell
24%
to
$13.8
million.
Revenues
reflect
a
decrease
in
revenues
of
all
segments.
Net
income
reflects
an
increase
in
cost
of
entertainment
and
sport
services. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
72,054;
after
tax
earnings
were
-544. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| H. Wayne Huizenga, 62 Chairman | -- | Richard Rochon, 43 Vice
Chairman and Pres | -- | William Pierce, 49 Sr.
VP, Treasurer and CFO | $258K | Richard Handley, 53 Sr.
VP, Gen. Counsel and Sec. | 213K | Michael Glennie, 49 Sr.
VP - Resort Operations | 646K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|