Bluegreen Reports Q4 EPS of $0.15

Bluegreen Corporation BXG reports Q4 results. While the Company incurred a net loss of $23.7 million, or $0.76 per diluted share during Q4 2010, this net loss included non-cash, after-tax charges totaling $28.6 million, or $0.91 per diluted share, more fully described below. Excluding these charges, non-GAAP net income for Q4 2010 would have been $4.9 million or $0.15 per diluted share, as compared to a non-GAAP net loss for Q4 2009 of $4.0 million or $0.13 per diluted share. Revenues of $72.1M