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Acquisitions (Tables)
12 Months Ended
Jul. 31, 2013
Business Acquisition [Line Items]  
Schedule of Capital Leased Assets [Table Text Block]
The following table shows the composition of Canyons property, plant and equipment recorded under capital leases as of July 31, 2013:

Land
$
18,500

Land improvements
29,980

Buildings and building improvements
32,800

Machinery and equipment
44,774

Gross property, plant and equipment
126,054

Accumulated depreciation
(1,065
)
Property, plant and equipment, net
$
124,989

Canyons [Member]
 
Business Acquisition [Line Items]  
Summary Pro Forma Financial Information
This unaudited pro forma financial information is presented for informational purposes only and does not purport to be indicative of the results of future operations or the results that would have occurred had the transaction taken place on August 1, 2011 (in thousands, except per share amounts).

 
Year Ended July 31,
 
2013
2012
Pro forma net revenue
$
1,172,159

$
1,074,859

Pro forma net income (loss) attributable to Vail Resorts, Inc.
$
20,714

$
(6,525
)
Pro forma basic net income (loss) per share attributable to Vail Resorts, Inc.
$
0.58

$
(0.18
)
Pro forma diluted net income (loss) per share attributable to Vail Resorts, Inc.
$
0.56

$
(0.18
)
Summary Of Estimate Of Fair Value Of Identifiable Assets Acquired And Liabilities Assumed
The following summarizes the preliminary estimated fair values of the identifiable assets acquired and liabilities assumed at the date the transaction was effective (in thousands).
 
Estimates of Fair Value at Effective Date of Transaction
Accounts receivable
$
1,683

Other current assets
1,384

Property, plant and equipment
5,475

Property, plant and equipment (under capital lease)
126,054

Deferred income tax assets, net
44,744

Intangible assets
30,600

Park City Mountain Resort ("PCMR") deposit
57,800

Goodwill
77,001

Total identifiable assets acquired
$
344,741

Accounts payable and accrued liabilities
$
7,146

Deferred revenue
1,395

Other liabilities
21,766

Canyons obligation
305,334

Contingent consideration
9,100

Total liabilities assumed
$
344,741

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]
Future minimum lease payments under the Lease as of July 31, 2013 reflected by fiscal year are as follows (in thousands):
2014
$
25,088

2015
25,589

2016
26,101

2017
26,623

2018
27,156

Thereafter
1,980,443

Total future minimum lease payments
2,111,000

Less amount representing interest
(1,804,680
)
Net future minimum lease payments
$
306,320

Northstar-At-Tahoe [Member]
 
Business Acquisition [Line Items]  
Summary Pro Forma Financial Information
This unaudited pro forma financial information is presented for informational purposes only and does not purport to be indicative of the results of future operations or the results that would have occurred had the acquisition taken place on August 1, 2010.
(in thousands, except per share amounts).
 
Year Ended July 31,
  
2011
Pro forma net revenue
$
1,171,459

Pro forma net income attributable to Vail Resorts, Inc.
$
33,231

Pro forma basic net income per share attributable to Vail Resorts, Inc.
$
0.92

Pro forma diluted net income per share attributable to Vail Resorts, Inc.
$
0.90

Summary Of Estimate Of Fair Value Of Identifiable Assets Acquired And Liabilities Assumed
The following summarizes the fair values of the identifiable assets acquired and liabilities assumed at the acquisition date (in thousands).
 
  
Acquisition Date
Fair Value
Accounts receivable
$
2,499

Inventory
1,894

Other assets
1,422

Property, plant and equipment
9,612

Deferred income tax assets, net
15,087

Intangible assets
2,470

Goodwill
85,446

Total identifiable assets acquired
$
118,430

Accounts payable and accrued liabilities
$
6,671

Deferred revenue
5,281

Capital lease obligations
2,892

Unfavorable lease obligations, net
43,400

Total liabilities assumed
$
58,244

Total purchase price
$
60,186