2019 Q3 Form 10-Q Financial Statement

#000136165819000171 Filed on October 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $1.105B $1.062B $1.007B
YoY Change 4.05% -21.97% -22.66%
Cost Of Revenue $60.00M $53.00M $47.00M
YoY Change 13.21% -89.12% -90.04%
Gross Profit $1.045B $1.009B $960.0M
YoY Change 3.57% 91.1% 89.72%
Gross Profit Margin 94.57% 95.01% 95.33%
Selling, General & Admin $317.0M $295.0M $288.0M
YoY Change 7.46% 3.51% -1.71%
% of Gross Profit 30.33% 29.24% 30.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.00M $32.00M $17.00M
YoY Change -3.13% -8.57% 21.43%
% of Gross Profit 2.97% 3.17% 1.77%
Operating Expenses $348.0M $327.0M $324.0M
YoY Change 6.42% 2.19% -0.61%
Operating Profit $214.0M $197.0M $65.00M
YoY Change 8.63% 7.07% 44.44%
Interest Expense $40.00M $37.00M $46.00M
YoY Change 8.11% -7.5% 17.95%
% of Operating Profit 18.69% 18.78% 70.77%
Other Income/Expense, Net $6.000M $26.00M $5.000M
YoY Change -76.92% 36.84% 66.67%
Pretax Income $181.0M $182.0M $26.00M
YoY Change -0.55% 10.98% 160.0%
Income Tax $46.00M $51.00M $38.00M
% Of Pretax Income 25.41% 28.02% 146.15%
Net Earnings $135.0M $148.0M $378.0M
YoY Change -8.78% -43.94% 350.0%
Net Earnings / Revenue 12.22% 13.94% 37.54%
Basic Earnings Per Share $1.48 $1.49 $3.78
Diluted Earnings Per Share $1.47 $1.49 $3.77
COMMON SHARES
Basic Shares Outstanding 91.70M shares 99.10M shares 100.0M shares
Diluted Shares Outstanding 92.00M shares 99.50M shares 100.3M shares

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $250.0M $164.0M $155.0M
YoY Change 52.44% -43.25% -62.65%
Cash & Equivalents $250.0M $164.0M $155.0M
Short-Term Investments
Other Short-Term Assets $346.0M $129.0M $157.0M
YoY Change 168.22% -69.93% -67.7%
Inventory $1.209B $1.197B $1.243B
Prepaid Expenses $129.0M $157.0M
Receivables $137.0M $197.0M $206.0M
Other Receivables $3.118B $2.989B $2.904B
Total Short-Term Assets $5.060B $4.676B $4.665B
YoY Change 8.21% 129.33% 106.6%
LONG-TERM ASSETS
Property, Plant & Equipment $723.0M $775.0M $764.0M
YoY Change -6.71% -42.93% -44.15%
Goodwill $971.0M $936.0M $940.0M
YoY Change 3.74% -44.88% -42.58%
Intangibles $137.0M $146.0M $146.0M
YoY Change -6.16% -80.46% -80.32%
Long-Term Investments
YoY Change
Other Assets $521.0M $599.0M $560.0M
YoY Change -13.02% 43.3% 34.62%
Total Long-Term Assets $2.503B $2.456B $2.410B
YoY Change 1.91% -70.13% -70.21%
TOTAL ASSETS
Total Short-Term Assets $5.060B $4.676B $4.665B
Total Long-Term Assets $2.503B $2.456B $2.410B
Total Assets $7.563B $7.132B $7.075B
YoY Change 6.04% -30.49% -31.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $86.00M $147.0M $197.0M
YoY Change -41.5% -65.97% -70.6%
Accrued Expenses $820.0M $1.062B $1.031B
YoY Change -22.79% 15.56% 19.05%
Deferred Revenue $564.0M $592.0M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.459B $1.773B $1.820B
YoY Change -17.71% -16.41% -23.66%
LONG-TERM LIABILITIES
Long-Term Debt $5.541B $5.159B $5.074B
YoY Change 7.4% -8.96% -8.31%
Other Long-Term Liabilities $361.0M $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $5.902B $5.159B $5.074B
YoY Change 14.4% 1290.57% 1211.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.459B $1.773B $1.820B
Total Long-Term Liabilities $5.902B $5.159B $5.074B
Total Liabilities $8.133B $7.641B $7.595B
YoY Change 6.44% -20.66% -22.15%
SHAREHOLDERS EQUITY
Retained Earnings $1.651B $1.384B $1.285B
YoY Change 19.29% -37.63% -38.13%
Common Stock $2.000M $2.000M $2.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.258B $5.943B $5.837B
YoY Change 5.3% 6.73% 7.73%
Treasury Stock Shares 130.1M shares 122.6M shares 120.1M shares
Shareholders Equity -$576.0M -$514.0M -$525.0M
YoY Change
Total Liabilities & Shareholders Equity $7.563B $7.132B $7.075B
YoY Change 6.04% -30.49% -31.63%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $135.0M $148.0M $378.0M
YoY Change -8.78% -43.94% 350.0%
Depreciation, Depletion And Amortization $31.00M $32.00M $17.00M
YoY Change -3.13% -8.57% 21.43%
Cash From Operating Activities $55.00M $50.00M $172.0M
YoY Change 10.0% 2400.0% -59.43%
INVESTING ACTIVITIES
Capital Expenditures -$25.00M -$22.00M -$13.00M
YoY Change 13.64% -12.0% -43.48%
Acquisitions
YoY Change
Other Investing Activities -$45.00M $10.00M -$681.0M
YoY Change -550.0% -116.67% 2624.0%
Cash From Investing Activities -$70.00M -$12.00M -$694.0M
YoY Change 483.33% -85.88% 1345.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -35.00M -48.00M 327.0M
YoY Change -27.08% -49.47% -275.81%
NET CHANGE
Cash From Operating Activities 55.00M 50.00M 172.0M
Cash From Investing Activities -70.00M -12.00M -694.0M
Cash From Financing Activities -35.00M -48.00M 327.0M
Net Change In Cash -50.00M -10.00M -195.0M
YoY Change 400.0% -94.38% -202.63%
FREE CASH FLOW
Cash From Operating Activities $55.00M $50.00M $172.0M
Capital Expenditures -$25.00M -$22.00M -$13.00M
Free Cash Flow $80.00M $72.00M $185.0M
YoY Change 11.11% 166.67% -58.61%

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CY2019Q3 us-gaap Business Acquisition Equity Interest Issued Or Issuable Value Assigned
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10000000 USD
CY2019Q3 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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1000000 USD
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wyn Cash Paid To Third Party Developer
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185000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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774000000 USD
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CY2018Q1 us-gaap Profit Loss
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34000000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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14000000 USD
CY2018Q1 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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-32000000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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21000000 USD
CY2018Q1 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
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1000000 USD
CY2018Q1 us-gaap Stock Repurchased During Period Value
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76000000 USD
CY2018Q1 us-gaap Dividends Common Stock
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67000000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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652000000 USD
CY2018Q2 us-gaap Profit Loss
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378000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018Q2 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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-35000000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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109000000 USD
CY2018Q3 wyn Total Inventoryobligations
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90000000 USD
wyn Cash Paid To Third Party Developer
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165000000 USD
CY2018Q4 wyn Total Inventoryobligations
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100000000 USD
wyn Purchasesfrom Third Party Developer
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107000000 USD
CY2019Q3 wyn Total Inventoryobligations
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42000000 USD
CY2018Q2 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
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CY2018Q2 us-gaap Stock Repurchased During Period Value
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42000000 USD
CY2018Q2 us-gaap Dividends Common Stock
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43000000 USD
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CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-518000000 USD
CY2018Q3 us-gaap Profit Loss
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148000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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-5000000 USD
CY2018Q3 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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11000000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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11000000 USD
CY2018Q3 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
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1000000 USD
wyn Noncash Incentives Expiration Period
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P18M
wyn Management Services Term
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P1Y
CY2019Q3 wyn Fees For Property Management Services Budgeted Operating Expenses Percentage
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CY2019Q3 us-gaap Property Plant And Equipment Gross
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CY2018Q4 us-gaap Property Plant And Equipment Gross
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1565000000 USD
CY2018Q3 us-gaap Stock Repurchased During Period Value
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106000000 USD
CY2018Q3 us-gaap Dividends Common Stock
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41000000 USD
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-507000000 USD
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2 segment
CY2019Q3 us-gaap Contract With Customer Liability
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545000000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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519000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Deferred Revenue
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36000000 USD
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P1Y
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889000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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853000000 USD
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723000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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712000000 USD
wyn Contractwith Customer Liability Revenue Recognition Term
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P1Y
wyn Contractwith Customer Liability Revenue Recognition Term
ContractwithCustomerLiabilityRevenueRecognitionTerm
P1Y
wyn Contractwith Customer Liability Revenue Recognition Term
ContractwithCustomerLiabilityRevenueRecognitionTerm
P1Y
CY2018Q4 us-gaap Contract With Customer Liability
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519000000 USD
wyn Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
305000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
279000000 USD
CY2019Q3 us-gaap Contract With Customer Liability
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545000000 USD
wyn Contractwith Customer Liability Revenue Recognition Term
ContractwithCustomerLiabilityRevenueRecognitionTerm
P1Y
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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26000000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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433000000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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56000000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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30000000 USD
CY2019Q3 us-gaap Contract With Customer Liability
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545000000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1105000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1062000000 USD
CY2019Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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0 USD
CY2018Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
20000000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
5000000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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452000000 USD
CY2019Q3 us-gaap Net Income Loss
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135000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3062000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2976000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations
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135000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
131000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
334000000 USD
us-gaap Income Loss From Continuing Operations
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160000000 USD
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-3000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-52000000 USD
CY2018Q3 us-gaap Net Income Loss
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148000000 USD
us-gaap Net Income Loss
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339000000 USD
us-gaap Net Income Loss
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560000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.48
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.32
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.59
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.61
CY2019Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0
CY2018Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.17
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.05
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
4.01
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.64
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.62
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.47
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.31
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.58
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.60
CY2019Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0
CY2018Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.18
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.06
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
4.00
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.64
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.60
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91700000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93000000.0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99700000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
92000000.0 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
93300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
100100000 shares
CY2019Q3 us-gaap Payments Of Dividends Common Stock
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41000000 USD
CY2018Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
40000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
125000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
154000000 USD
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="line-height:100%;text-align:left;padding-left:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The following table summarizes stock repurchase activity under the current stock repurchase program:</span></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:96.49122807017544%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:73%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Shares Repurchased</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Cost</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of December 31, 2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;text-indent:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>100.6</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>5,262</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Repurchases</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>5.0</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>215</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of September 30, 2019</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>105.6</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>5,477</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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601000000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
150000000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-22000000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-672000000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
2066000000 USD
CY2019Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
214000000 USD
CY2019Q3 wyn Disposal Group Including Discontinued Operation Accounts Restricted Cash
DisposalGroupIncludingDiscontinuedOperationAccountsRestrictedCash
29000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
74000000 USD
CY2019Q3 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
3000000 USD
CY2018Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
4000000 USD
CY2019Q3 us-gaap Inventory Real Estate Construction In Process
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33000000 USD
CY2018Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
45000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
36000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
43000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
28000000 USD
CY2019Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
163000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Payable
DisposalGroupIncludingDiscontinuedOperationAccountsPayable
74000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities
46000000 USD
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Deferred Revenue
DisposalGroupIncludingDiscontinuedOperationDeferredRevenue
36000000 USD
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
203000000 USD
CY2018Q4 wyn Disposal Group Including Discontinued Operation Accounts Restricted Cash
DisposalGroupIncludingDiscontinuedOperationAccountsRestrictedCash
31000000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
82000000 USD
CY2019Q3 wyn Inventory Sold Subject To Conditional Repurchase
InventorySoldSubjectToConditionalRepurchase
29000000 USD
CY2018Q4 wyn Inventory Sold Subject To Conditional Repurchase
InventorySoldSubjectToConditionalRepurchase
33000000 USD
CY2019Q3 wyn Completed Inventory And Vacation Credits
CompletedInventoryAndVacationCredits
791000000 USD
CY2018Q4 wyn Completed Inventory And Vacation Credits
CompletedInventoryAndVacationCredits
797000000 USD
CY2019Q3 wyn Estimated Recoveries Inventory
EstimatedRecoveriesInventory
289000000 USD
CY2019Q3 us-gaap Inventory Real Estate
InventoryRealEstate
1209000000 USD
CY2018Q4 us-gaap Inventory Real Estate
InventoryRealEstate
1224000000 USD
wyn Inventorytransferredto Propertyand Equipment
InventorytransferredtoPropertyandEquipment
1000000 USD
CY2018Q4 wyn Estimated Recoveries Inventory
EstimatedRecoveriesInventory
286000000 USD
CY2019Q3 wyn Company Vacation Exchange And Rentals Current
CompanyVacationExchangeAndRentalsCurrent
64000000 USD
CY2018Q4 wyn Company Vacation Exchange And Rentals Current
CompanyVacationExchangeAndRentalsCurrent
59000000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
35000000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
42000000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
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8000000 USD
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