$VAC
MARRIOTT VACATIONS WORLDWIDE Corp

2018 Q2 Form 10-Q Financial Statement

#000152435818000046 Filed on August 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $595.0M $563.0M
YoY Change 5.68% 24.56%
Cost Of Revenue $312.4M $280.7M
YoY Change 11.29% 56.64%
Gross Profit $282.7M $281.7M
YoY Change 0.35% 15.5%
Gross Profit Margin 47.51% 50.04%
Selling, General & Admin $139.0M $128.7M
YoY Change 8.0% 23.42%
% of Gross Profit 49.17% 45.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.800M $5.000M
YoY Change 16.0% -1.96%
% of Gross Profit 2.05% 1.77%
Operating Expenses $139.0M $128.7M
YoY Change 8.0% 23.42%
Operating Profit $143.7M $153.0M
YoY Change -6.08% 9.58%
Interest Expense -$5.000M -$1.757M
YoY Change 184.58% -15.81%
% of Operating Profit -3.48% -1.15%
Other Income/Expense, Net -$6.300M -$166.0K
YoY Change 3695.18% -101.56%
Pretax Income $17.38M $71.10M
YoY Change -75.56% 16.25%
Income Tax $6.000M $22.92M
% Of Pretax Income 34.52% 32.23%
Net Earnings $11.00M $48.00M
YoY Change -77.08% 92.0%
Net Earnings / Revenue 1.85% 8.53%
Basic Earnings Per Share $0.40 $1.76
Diluted Earnings Per Share $0.39 $1.72
COMMON SHARES
Basic Shares Outstanding 26.70M shares 27.32M shares
Diluted Shares Outstanding 27.30M shares 27.97M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $547.7M $85.20M
YoY Change 542.84% -12.53%
Cash & Equivalents $547.7M $85.15M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $690.2M $744.4M
Prepaid Expenses
Receivables $67.60M $131.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.306B $961.0M
YoY Change 35.85% 1.94%
LONG-TERM ASSETS
Property, Plant & Equipment $246.9M $249.3M
YoY Change -0.93% 8.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $170.5M $58.80M
YoY Change 189.97% -13.91%
Total Long-Term Assets $1.752B $1.472B
YoY Change 18.99% 12.33%
TOTAL ASSETS
Total Short-Term Assets $1.306B $961.0M
Total Long-Term Assets $1.752B $1.472B
Total Assets $3.058B $2.433B
YoY Change 25.65% 7.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $84.30M $76.50M
YoY Change 10.2% 2.68%
Accrued Expenses $184.7M $199.9M
YoY Change -7.6% -3.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $367.5M $391.9M
YoY Change -6.23% 25.17%
LONG-TERM LIABILITIES
Long-Term Debt $1.332B $773.6M
YoY Change 72.22% 0.09%
Other Long-Term Liabilities $190.4M $142.3M
YoY Change 33.8% -26.91%
Total Long-Term Liabilities $1.523B $915.9M
YoY Change 66.25% -5.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $367.5M $391.9M
Total Long-Term Liabilities $1.523B $915.9M
Total Liabilities $1.992B $1.465B
YoY Change 36.0% 4.11%
SHAREHOLDERS EQUITY
Retained Earnings $554.8M $404.9M
YoY Change 37.03% 40.91%
Common Stock $1.191B $1.162B
YoY Change 2.49% 1.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $695.7M $610.1M
YoY Change 14.04% 2.88%
Treasury Stock Shares 10.41M shares 9.670M shares
Shareholders Equity $1.066B $968.8M
YoY Change
Total Liabilities & Shareholders Equity $3.058B $2.433B
YoY Change 25.65% 7.98%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $11.00M $48.00M
YoY Change -77.08% 92.0%
Depreciation, Depletion And Amortization $5.800M $5.000M
YoY Change 16.0% -1.96%
Cash From Operating Activities $35.20M -$31.60M
YoY Change -211.39% -382.14%
INVESTING ACTIVITIES
Capital Expenditures -$4.700M -$6.200M
YoY Change -24.19% -29.55%
Acquisitions
YoY Change
Other Investing Activities -$2.400M -$1.900M
YoY Change 26.32% -103.54%
Cash From Investing Activities -$7.100M -$8.100M
YoY Change -12.35% -118.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 306.1M 17.30M
YoY Change 1669.36% -126.82%
NET CHANGE
Cash From Operating Activities 35.20M -31.60M
Cash From Investing Activities -7.100M -8.100M
Cash From Financing Activities 306.1M 17.30M
Net Change In Cash 334.2M -22.40M
YoY Change -1591.96% 163.53%
FREE CASH FLOW
Cash From Operating Activities $35.20M -$31.60M
Capital Expenditures -$4.700M -$6.200M
Free Cash Flow $39.90M -$25.40M
YoY Change -257.09% -227.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001524358
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Trading Symbol
TradingSymbol
VAC
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2018Q2 vac Number Of Notes Receivable Pools Under Performance Triggers
NumberOfNotesReceivablePoolsUnderPerformanceTriggers
0 Loan
vac Vacation Ownership Product Financing Term
VacationOwnershipProductFinancingTerm
P10Y
vac Vacation Ownership Products Sales Incentives Period
VacationOwnershipProductsSalesIncentivesPeriod
P2Y
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
Marriott Vacations Worldwide Corporation
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
26572516 shares
CY2018Q2 vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
35851000 USD
CY2017Q2 vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
32530000 USD
vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
71333000 USD
vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
64641000 USD
CY2018Q2 us-gaap Revenues
Revenues
594692000 USD
CY2017Q2 us-gaap Revenues
Revenues
562436000 USD
us-gaap Revenues
Revenues
1165541000 USD
us-gaap Revenues
Revenues
1090736000 USD
CY2018Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
109315000 USD
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
99168000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
215249000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
196666000 USD
CY2018Q2 vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
3788000 USD
CY2017Q2 vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
3449000 USD
vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
8036000 USD
vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
7466000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32992000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29534000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
62427000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57073000 USD
CY2018Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-16312000 USD
CY2017Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-183000 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-16209000 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-183000 USD
CY2018Q2 vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
6172000 USD
CY2017Q2 vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
5654000 USD
vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
12778000 USD
vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
11592000 USD
CY2018Q2 us-gaap Royalty Expense
RoyaltyExpense
16198000 USD
CY2017Q2 us-gaap Royalty Expense
RoyaltyExpense
16307000 USD
us-gaap Royalty Expense
RoyaltyExpense
31022000 USD
us-gaap Royalty Expense
RoyaltyExpense
32377000 USD
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
546928000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
489309000 USD
us-gaap Costs And Expenses
CostsAndExpenses
1064100000 USD
us-gaap Costs And Expenses
CostsAndExpenses
972535000 USD
CY2018Q2 vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-6586000 USD
CY2017Q2 vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-166000 USD
vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-6140000 USD
vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-225000 USD
CY2018Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4112000 USD
CY2017Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1757000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8429000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2538000 USD
CY2018Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
19686000 USD
CY2017Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
100000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
22802000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
469000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17380000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
71104000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64070000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
114969000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6619000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22918000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17328000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38893000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10761000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.76
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.70
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10761000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7233000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2465000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1008000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6681000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
18000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
23000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
37000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
48000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7215000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2488000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-971000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6729000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3546000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
50674000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
45771000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
82805000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
547667000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
409059000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
170536000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
81553000 USD
CY2018Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
67619000 USD
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
91659000 USD
CY2018Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1167779000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1114552000 USD
CY2018Q2 vac Inventory Timeshare
InventoryTimeshare
690154000 USD
CY2017Q4 vac Inventory Timeshare
InventoryTimeshare
728379000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
246940000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
252727000 USD
CY2018Q2 us-gaap Other Assets
OtherAssets
166875000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
166653000 USD
CY2018Q2 us-gaap Assets
Assets
3057570000 USD
CY2017Q4 us-gaap Assets
Assets
2844582000 USD
CY2018Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
84331000 USD
CY2017Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
145405000 USD
CY2018Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
99469000 USD
CY2017Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
119810000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
85216000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
111885000 USD
CY2018Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
82624000 USD
CY2017Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
74851000 USD
CY2018Q2 vac Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
1332276000 USD
CY2017Q4 vac Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
1095213000 USD
CY2018Q2 us-gaap Other Liabilities
OtherLiabilities
11937000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
13471000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
101760000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
89987000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
1991929000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1803767000 USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
370000 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
369000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
695746000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
694233000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1190448000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1188538000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
15774000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16745000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
554795000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
529396000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1065641000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1040815000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3057570000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2844582000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
us-gaap Depreciation
Depreciation
11371000 USD
us-gaap Depreciation
Depreciation
10192000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7563000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2726000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
23970000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
27051000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9718000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8451000 USD
vac Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
12199000 USD
vac Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
12810000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-24499000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-23970000 USD
vac Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
-233061000 USD
vac Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
-228048000 USD
vac Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
-155257000 USD
vac Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
-136731000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-36840000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15006000 USD
vac Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
0 USD
vac Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
33594000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-11523000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4475000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-59365000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-68228000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
29493000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
25163000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-26699000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8698000 USD
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
7773000 USD
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
7053000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-134000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-292000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
764000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3286000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58453000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14130000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7490000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11344000 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
11562000 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
10092000 USD
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
120000 USD
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
11000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18932000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21425000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
423000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
50260000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
154271000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
117400000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
60000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
12500000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
32680000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6578000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1219000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1882000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3868000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
31927000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
28552000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
8312000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
9962000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
13000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-624000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
187363000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-63865000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
707000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1962000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
227591000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-69198000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
490612000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213102000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
718203000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143904000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
63558000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
vac Number Of Sources Of Revenues
NumberOfSourcesOfRevenues
4 Line
vac Percentage Of Assets Liabilities Revenues Expenses And Cash Flows Consolidated And Discussed
PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed
1
vac Number Of Sources Of Revenues
NumberOfSourcesOfRevenues
4 Line
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
558841000 USD
CY2018Q2 vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
35851000 USD
CY2018Q2 us-gaap Revenues
Revenues
594692000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
529906000 USD
CY2017Q2 vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
32530000 USD
CY2017Q2 us-gaap Revenues
Revenues
562436000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1094208000 USD
vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
71333000 USD
us-gaap Revenues
Revenues
1165541000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1026095000 USD
vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
64641000 USD
us-gaap Revenues
Revenues
1090736000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
558841000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
529906000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1094208000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1026095000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2018Q2 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
-3700000 USD
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
-2000000.0 USD
CY2018Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 USD
CY2018Q2 vac Contracts With Customers Accounts Receivable
ContractsWithCustomersAccountsReceivable
42369000 USD
CY2017Q4 vac Contracts With Customers Accounts Receivable
ContractsWithCustomersAccountsReceivable
72905000 USD
CY2018Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1167779000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1114552000 USD
CY2018Q2 vac Contractwith Customer Receivable
ContractwithCustomerReceivable
1210148000 USD
CY2017Q4 vac Contractwith Customer Receivable
ContractwithCustomerReceivable
1187457000 USD
CY2018Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
194316000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
153145000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
47300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
94400000 USD
CY2018Q2 vac Revenue Remaining Performance Obligation Expected Timing Percentage
RevenueRemainingPerformanceObligationExpectedTimingPercentage
0.90
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2200000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2100000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2705
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3383
CY2017 vac Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-65200000 USD
CY2017 vac Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Provisional Income Tax Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityProvisionalIncomeTaxBenefit
-65200000 USD
CY2018Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1167779000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1114552000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Year One
TimeSharingTransactionsMaturitiesOfNotesReceivableYearOne
71949000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Year Two
TimeSharingTransactionsMaturitiesOfNotesReceivableYearTwo
133260000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Year Three
TimeSharingTransactionsMaturitiesOfNotesReceivableYearThree
128725000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Year Four
TimeSharingTransactionsMaturitiesOfNotesReceivableYearFour
125732000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Year Five
TimeSharingTransactionsMaturitiesOfNotesReceivableYearFive
123239000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Future Years
TimeSharingTransactionsMaturitiesOfNotesReceivableFutureYears
584874000 USD
CY2018Q2 us-gaap Time Sharing Transactions Maturities Of Notes Receivable Net
TimeSharingTransactionsMaturitiesOfNotesReceivableNet
1167779000 USD
CY2018Q2 vac Interest On Notes Receivable
InterestOnNotesReceivable
34129000 USD
CY2017Q2 vac Interest On Notes Receivable
InterestOnNotesReceivable
30803000 USD
vac Interest On Notes Receivable
InterestOnNotesReceivable
67827000 USD
vac Interest On Notes Receivable
InterestOnNotesReceivable
61159000 USD
CY2017Q4 us-gaap Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
119120000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
23911000 USD
vac Securitized Financing Receivable
SecuritizedFinancingReceivable
0 USD
us-gaap Time Sharing Transactions Direct Write Offs Charged Against Allowance
TimeSharingTransactionsDirectWriteOffsChargedAgainstAllowance
21064000 USD
vac Financing Receivable Allowance For Credit Losses Repurchase Activity
FinancingReceivableAllowanceForCreditLossesRepurchaseActivity
0 USD
CY2018Q2 us-gaap Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
121967000 USD
vac Past Due Period
PastDuePeriod
P30D
vac Past Due Loan Suspend Accrual Of Interest Period
PastDueLoanSuspendAccrualOfInterestPeriod
P90D
vac Loan Payments Delinquency Period Beyond Which Loan Is Considered Defaulted
LoanPaymentsDelinquencyPeriodBeyondWhichLoanIsConsideredDefaulted
P150D
CY2018Q2 vac Notes Receivable Estimated Average Default Rates
NotesReceivableEstimatedAverageDefaultRates
0.0705
CY2017Q4 vac Notes Receivable Estimated Average Default Rates
NotesReceivableEstimatedAverageDefaultRates
0.0716
CY2018Q2 vac Result Of Increase In Estimated Default Rate
ResultOfIncreaseInEstimatedDefaultRate
0.005
CY2018Q2 vac Financing Receivable Allowance For Credit Losses That Would Have Been Increased
FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased
6200000 USD
CY2017Q4 vac Financing Receivable Allowance For Credit Losses That Would Have Been Increased
FinancingReceivableAllowanceForCreditLossesThatWouldHaveBeenIncreased
6000000.0 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
46137000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
46214000 USD
CY2018Q2 vac Financing Receivable Average Investment Nonaccrual Loans
FinancingReceivableAverageInvestmentNonaccrualLoans
46732000 USD
CY2017Q2 vac Financing Receivable Average Investment Nonaccrual Loans
FinancingReceivableAverageInvestmentNonaccrualLoans
45663000 USD
vac Financing Receivable Average Investment Nonaccrual Loans
FinancingReceivableAverageInvestmentNonaccrualLoans
46176000 USD
vac Financing Receivable Average Investment Nonaccrual Loans
FinancingReceivableAverageInvestmentNonaccrualLoans
47974000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
68686000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1221060000 USD
CY2018Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1289746000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
71876000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1161796000 USD
CY2017Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1233672000 USD
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10761000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26728000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27319000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26707000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27285000 shares
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.76
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10761000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26728000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27319000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26707000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27285000 shares
CY2018Q2 vac Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
396000 shares
CY2017Q2 vac Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
464000 shares
vac Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
414000 shares
vac Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
457000 shares
CY2018Q2 vac Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
129000 shares
CY2017Q2 vac Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
182000 shares
vac Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
160000 shares
vac Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
187000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27253000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27965000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27281000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27929000 shares
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2018Q2 us-gaap Inventory Real Estate Timeshare Available For Sale
InventoryRealEstateTimeshareAvailableForSale
325374000 USD
CY2017Q4 us-gaap Inventory Real Estate Timeshare Available For Sale
InventoryRealEstateTimeshareAvailableForSale
391040000 USD
CY2018Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
113000 USD
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2315000 USD
CY2018Q2 vac Inventory Land And Infrastructure
InventoryLandAndInfrastructure
359992000 USD
CY2017Q4 vac Inventory Land And Infrastructure
InventoryLandAndInfrastructure
330002000 USD
CY2018Q2 vac Inventory Timeshare Gross
InventoryTimeshareGross
685479000 USD
CY2017Q4 vac Inventory Timeshare Gross
InventoryTimeshareGross
723357000 USD
CY2018Q2 vac Operating Supplies And Inventories
OperatingSuppliesAndInventories
4675000 USD
CY2017Q4 vac Operating Supplies And Inventories
OperatingSuppliesAndInventories
5022000 USD
CY2018Q2 vac Inventory Timeshare
InventoryTimeshare
690154000 USD
CY2017Q4 vac Inventory Timeshare
InventoryTimeshare
728379000 USD
vac Real Estate Inventory True Up
RealEstateInventoryTrueUp
1000000.0 USD
vac Real Estate Inventory True Up
RealEstateInventoryTrueUp
-1000000.0 USD
CY2018Q2 vac Amount Of Completed Vacation Ownership Units Classified As Property And Equipment
AmountOfCompletedVacationOwnershipUnitsClassifiedAsPropertyAndEquipment
47600000 USD
CY2018Q2 us-gaap Purchase Obligation
PurchaseObligation
454900000 USD
CY2018Q2 vac Surety Bonds
SuretyBonds
34500000 USD
CY2018Q2 vac Fraudulently Induced Electronic Payment Disbursements Made To Third Parties
FraudulentlyInducedElectronicPaymentDisbursementsMadeToThirdParties
9900000 USD
CY2018Q2 vac Recovered Fraudulently Induced Electronic Payment Disbursementsmadeto Third Parties
RecoveredFraudulentlyInducedElectronicPaymentDisbursementsmadetoThirdParties
3200000 USD
CY2018Q2 vac Loss Contingency Estimated Recovery
LossContingencyEstimatedRecovery
6700000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
54037000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
146955000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
112311000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
116127000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
348798000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
603731000 USD
CY2018Q2 vac Debt And Capital Lease Obligations Gross
DebtAndCapitalLeaseObligationsGross
1381959000 USD
us-gaap Interest Paid Net
InterestPaidNet
12400000 USD
us-gaap Interest Paid Net
InterestPaidNet
9900000 USD
CY2018Q2 vac Values Of Vacation Ownership Notes Receivable That Were Securitized During The Period
ValuesOfVacationOwnershipNotesReceivableThatWereSecuritizedDuringThePeriod
436100000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
105800000 USD
vac Number Of Notes Receivable Pools Under Performance Triggers
NumberOfNotesReceivablePoolsUnderPerformanceTriggers
0 Loan
CY2018Q2 vac Number Of Consolidated Notes Receivable Pools Outstanding
NumberOfConsolidatedNotesReceivablePoolsOutstanding
8 Loan
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36981204 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26572208 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
10408996 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36861843 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26461296 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
10400547 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1040815000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1008000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
37000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
1641000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1882000 USD
us-gaap Dividends
Dividends
21343000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
639000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1065641000 USD
CY2017Q3 vac Stock Repurchase Program Number Of Additional Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfAdditionalSharesAuthorizedToBeRepurchased
1000000.0 shares
CY2018Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
11900000 shares
CY2018Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
1400000 shares
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6117000 USD
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5175000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9718000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8451000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
25084000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
14669000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3078
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0111
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0268
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M
CY2018Q2 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
1115365000 USD
CY2018Q2 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
1114545000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
105800000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
0 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
105800000 USD
vac Percentage Of Defaulted Mortgage Loans Repurchase
PercentageOfDefaultedMortgageLoansRepurchase
0.20
CY2018Q2 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
25700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2018Q2 us-gaap Revenues
Revenues
594692000 USD
CY2017Q2 us-gaap Revenues
Revenues
562436000 USD
us-gaap Revenues
Revenues
1165541000 USD
us-gaap Revenues
Revenues
1090736000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6619000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22918000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17328000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38893000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10761000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
us-gaap Net Income Loss
NetIncomeLoss
46742000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
CY2018Q2 us-gaap Assets
Assets
3057570000 USD
CY2017Q4 us-gaap Assets
Assets
2844582000 USD
CY2017Q2 vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
32530000 USD
CY2017Q2 us-gaap Revenues
Revenues
562436000 USD
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
99168000 USD
CY2017Q2 vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
3449000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29534000 USD
CY2017Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-183000 USD
CY2017Q2 vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
5654000 USD
CY2017Q2 us-gaap Royalty Expense
RoyaltyExpense
16307000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
489309000 USD
CY2017Q2 vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-166000 USD
CY2017Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1757000 USD
CY2017Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
100000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
71104000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22918000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
48186000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.76
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
vac Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
64641000 USD
us-gaap Revenues
Revenues
1090736000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
196666000 USD
vac Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
7466000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57073000 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-183000 USD
vac Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
11592000 USD
us-gaap Royalty Expense
RoyaltyExpense
32377000 USD
us-gaap Costs And Expenses
CostsAndExpenses
972535000 USD
vac Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
-225000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2538000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
469000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
114969000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38893000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.72
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
409059000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
81553000 USD
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
91659000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1114552000 USD
CY2017Q4 vac Inventory Timeshare
InventoryTimeshare
728379000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
252727000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
166653000 USD
CY2017Q4 us-gaap Assets
Assets
2844582000 USD
CY2017Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
145405000 USD
CY2017Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
119810000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
111885000 USD
CY2017Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
74851000 USD
CY2017Q4 vac Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
1095213000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
13471000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
89987000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1803767000 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
369000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
694233000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1188538000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16745000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
529396000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1040815000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2844582000 USD
us-gaap Net Income Loss
NetIncomeLoss
76076000 USD
us-gaap Depreciation
Depreciation
10192000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2726000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
27051000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8451000 USD
vac Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
12810000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-23970000 USD
vac Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
-228048000 USD
vac Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
-136731000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15006000 USD
vac Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
33594000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4475000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-68228000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
25163000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8698000 USD
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
7053000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-292000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3286000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14130000 USD

Files In Submission

Name View Source Status
0001524358-18-000046-index-headers.html Edgar Link pending
0001524358-18-000046-index.html Edgar Link pending
0001524358-18-000046.txt Edgar Link pending
0001524358-18-000046-xbrl.zip Edgar Link pending
a2018q210-qdocument.htm Edgar Link pending
a2018q210-qdocument_htm.xml Edgar Link completed
a2018q210-qexhibit311x.htm Edgar Link pending
a2018q210-qexhibit312x.htm Edgar Link pending
a2018q210-qexhibit321x.htm Edgar Link pending
a2018q210-qexhibit322x.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vac-20180630.xsd Edgar Link pending
vac-20180630_cal.xml Edgar Link unprocessable
vac-20180630_def.xml Edgar Link unprocessable
vac-20180630_lab.xml Edgar Link unprocessable
vac-20180630_pre.xml Edgar Link unprocessable