XML 72 R80.htm IDEA: XBRL DOCUMENT v2.4.0.8
Guarantor Subsidiaries And Non-Guarantor Subsidiaries (Supplemental Condensed Consolidating Statement Of Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Jul. 31, 2014
Apr. 30, 2014
Jan. 31, 2014
Oct. 31, 2013
Jul. 31, 2013
Apr. 30, 2013
Jan. 31, 2013
Oct. 31, 2012
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Total net revenue $ 135,488 $ 543,047 $ 452,720 $ 123,391 $ 112,305 $ 469,691 $ 422,451 $ 116,350 $ 1,254,646 $ 1,120,797 $ 1,024,394
Total operating expense                 1,137,383 1,023,844 965,063
Income from operations (94,493) 203,165 110,695 (102,104) (84,053) 165,342 105,963 (90,299) 117,263 96,953 59,331
Other (expense) income, net                 (74,453) (38,615) (33,117)
Equity investment income, net                 1,262 891 878
Income before provision for income taxes                 44,072 59,229 27,092
Benefit (provision) for income taxes                 (15,866) (21,619) (10,701)
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 28,206 37,610 16,391
Equity in income (loss) of consolidated subsidiaries                 0 0 0
Net income (75,423) 117,866 59,200 (73,437) (59,904) 97,588 60,529 (60,603) 28,206 37,610 16,391
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest                 272 133 62
Comprehensive loss attributable to noncontrolling interests                 272 133 62
Net income attributable to Vail Resorts, Inc. (75,355) 117,946 59,263 (73,376) (59,868) 97,640 60,551 (60,580) 28,478 37,743 16,453
Parent Company [Member]
                     
Total net revenue                 0 0 0
Total operating expense                 373 516 181
Income from operations                 (373) (516) (181)
Other (expense) income, net                 (36,437) (26,411) (26,520)
Equity investment income, net                 0 0 0
Income before provision for income taxes                 (36,810) (26,927) (26,701)
Benefit (provision) for income taxes                 13,638 9,901 10,968
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 (23,172) (17,026) (15,733)
Equity in income (loss) of consolidated subsidiaries                 51,650 54,769 32,186
Net income                 28,478 37,743 16,453
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest                     0
Comprehensive loss attributable to noncontrolling interests                 0 0  
Net income attributable to Vail Resorts, Inc.                 28,478 37,743 16,453
100% Owned Guarantor Subsidiaries [Member]
                     
Total net revenue                 1,249,708 1,114,952 1,020,847
Total operating expense                 1,128,345 1,014,314 959,038
Income from operations                 121,363 100,638 61,809
Other (expense) income, net                 (36,683) (11,023) (5,372)
Equity investment income, net                 1,262 891 878
Income before provision for income taxes                 85,942 90,506 57,315
Benefit (provision) for income taxes                 (30,061) (31,974) (21,669)
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 55,881 58,532 35,646
Equity in income (loss) of consolidated subsidiaries                 (4,231) (3,763) (3,460)
Net income                 51,650 54,769 32,186
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest                     0
Comprehensive loss attributable to noncontrolling interests                 0 0  
Net income attributable to Vail Resorts, Inc.                 51,650 54,769 32,186
Other Subsidiaries [Member]
                     
Total net revenue                 18,342 18,127 14,997
Total operating expense                 21,917 21,144 17,142
Income from operations                 (3,575) (3,017) (2,145)
Other (expense) income, net                 (1,485) (1,333) (1,377)
Equity investment income, net                 0 0 0
Income before provision for income taxes                 (5,060) (4,350) (3,522)
Benefit (provision) for income taxes                 557 454 0
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 (4,503) (3,896) (3,522)
Equity in income (loss) of consolidated subsidiaries                 0 0 0
Net income                 (4,503) (3,896) (3,522)
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest                     62
Comprehensive loss attributable to noncontrolling interests                 272 133  
Net income attributable to Vail Resorts, Inc.                 (4,231) (3,763) (3,460)
Eliminating Entries [Member]
                     
Total net revenue                 (13,404) (12,282) (11,450)
Total operating expense                 (13,252) (12,130) (11,298)
Income from operations                 (152) (152) (152)
Other (expense) income, net                 152 152 152
Equity investment income, net                 0 0 0
Income before provision for income taxes                 0 0 0
Benefit (provision) for income taxes                 0 0 0
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 0 0 0
Equity in income (loss) of consolidated subsidiaries                 (47,419) (51,006) (28,726)
Net income                 (47,419) (51,006) (28,726)
Comprehensive (Income) Loss, Net of Tax, Attributable to Noncontrolling Interest                     0
Comprehensive loss attributable to noncontrolling interests                 0 0  
Net income attributable to Vail Resorts, Inc.                 $ (47,419) $ (51,006) $ (28,726)