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Segment Information (Tables)
6 Months Ended
Jan. 31, 2014
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 January 31,
 
Six Months Ended January 31,
 
2014
 
2013
 
2014
 
2013
Net revenue:
 
 
 
 
 
 
 
Lift
$
195,357

 
$
175,658

 
$
195,357

 
$
175,658

Ski school
46,930

 
41,723

 
46,930

 
41,723

Dining
32,602

 
29,826

 
40,066

 
36,199

Retail/rental
85,717

 
83,748

 
114,616

 
110,473

Other
31,050

 
30,786

 
52,018

 
49,600

Total Mountain net revenue
391,656

 
361,741

 
448,987

 
413,653

Lodging
56,187

 
46,543

 
113,401

 
99,051

Total Resort net revenue
447,843

 
408,284

 
562,388

 
512,704

Real estate
4,877

 
14,167

 
13,723

 
26,097

Total net revenue
$
452,720

 
$
422,451

 
$
576,111

 
$
538,801

Operating expense:
 
 
 
 
 
 
 
Mountain
$
243,512

 
$
220,997

 
$
368,286

 
$
328,545

Lodging
53,259

 
44,803

 
110,164

 
96,609

Total Resort operating expense
296,771

 
265,800

 
478,450

 
425,154

Real estate
8,006

 
16,739

 
17,237

 
32,353

Total segment operating expense
$
304,777

 
$
282,539

 
$
495,687

 
$
457,507

Mountain equity investment income, net
$
14

 
$
99

 
$
617

 
$
533

Reported EBITDA:
 
 
 
 
 
 
 
Mountain
$
148,158

 
$
140,843

 
$
81,318

 
$
85,641

Lodging
2,928

 
1,740

 
3,237

 
2,442

Resort
151,086

 
142,583

 
84,555

 
88,083

Real estate
(3,129
)
 
(2,572
)
 
(3,514
)
 
(6,256
)
Total Reported EBITDA
$
147,957

 
$
140,011

 
$
81,041

 
$
81,827

 
 
 
 
 
 
 
 
Real estate held for sale and investment
$
184,101

 
$
216,815

 
$
184,101

 
$
216,815

 
 
 
 
 
 
 
 
Reconciliation to net income (loss) attributable to Vail Resorts, Inc.:
 
 
 
 
 
 
 
Total Reported EBITDA
$
147,957

 
$
140,011

 
$
81,041

 
$
81,827

Depreciation and amortization
(36,204
)
 
(33,418
)
 
(70,360
)
 
(65,097
)
Loss on disposal of fixed assets, net
(1,044
)
 
(531
)
 
(1,473
)
 
(533
)
Investment income, net
70

 
99

 
165

 
153

Interest expense
(16,239
)
 
(8,534
)
 
(32,337
)
 
(16,909
)
Income (loss) before (provision) benefit from income taxes
94,540

 
97,627

 
(22,964
)
 
(559
)
(Provision) benefit from income taxes
(35,340
)
 
(37,098
)
 
8,727

 
485

Net income (loss)
$
59,200

 
$
60,529

 
$
(14,237
)
 
$
(74
)
Net loss attributable to noncontrolling interests
63

 
22

 
124

 
45

Net income (loss) attributable to Vail Resorts, Inc.
$
59,263

 
$
60,551

 
$
(14,113
)
 
$
(29
)