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Segment Information (Tables)
3 Months Ended
Oct. 31, 2012
Segment Reporting [Abstract]  
Summary Of Financial Information By Reportable Segment
The following table presents financial information by reportable segment which is used by management in evaluating performance and allocating resources (in thousands):
 
 
 
Three Months Ended October 31,
 
 
2012
 
2011
Net revenue:
 
 
 
 
Lift tickets
 
$

 
$

Ski school
 

 

Dining
 
6,373

 
5,647

Retail/rental
 
26,725

 
26,964

Other
 
18,814

 
17,059

Total Mountain net revenue
 
51,912

 
49,670

Lodging
 
52,508

 
53,594

Total Resort net revenue
 
104,420

 
103,264

Real estate
 
11,930

 
13,109

Total net revenue
 
$
116,350

 
$
116,373

Operating expense:
 
 
 
 
Mountain
 
$
107,548

 
$
98,555

Lodging
 
51,806

 
55,301

Total Resort operating expense
 
159,354

 
153,856

Real estate
 
15,614

 
17,847

Total segment operating expense
 
$
174,968

 
$
171,703

Mountain equity investment income, net
 
$
434

 
$
430

Reported EBITDA:
 
 
 
 
Mountain
 
$
(55,202
)
 
$
(48,455
)
Lodging
 
702

 
(1,707
)
Resort
 
(54,500
)
 
(50,162
)
Real estate
 
(3,684
)
 
(4,738
)
Total Reported EBITDA
 
$
(58,184
)
 
$
(54,900
)
 
 
 
 
 
Real estate held for sale and investment
 
$
227,662

 
$
263,130

 
 
 
 
 
Reconciliation to net loss attributable to Vail Resorts, Inc:
 
 
 
 
Total Reported EBITDA
 
$
(58,184
)
 
$
(54,900
)
Depreciation and amortization
 
(31,679
)
 
(28,930
)
Loss on disposal of fixed assets, net
 
(2
)
 
(114
)
Investment income, net
 
54

 
64

Interest expense, net
 
(8,375
)
 
(8,241
)
Loss before benefit from income taxes
 
(98,186
)
 
(92,121
)
Benefit from income taxes
 
37,583

 
36,387

Net loss
 
$
(60,603
)
 
$
(55,734
)
Net loss attributable to noncontrolling interests
 
23

 
25

Net loss attributable to Vail Resorts, Inc.
 
$
(60,580
)
 
$
(55,709
)