XML 14 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net revenue:        
Mountain $ 572,805 $ 499,551 $ 1,206,610 $ 1,022,968
Lodging 72,933 67,323 200,026 185,180
Real Estate 1,734 12,469 14,766 29,694
Total net revenue 647,472 579,343 1,421,402 1,237,842
Segment operating expense (exclusive of depreciation and amortization shown separately below):        
Mountain 281,968 244,675 729,382 645,593
Lodging 57,422 54,726 176,170 166,407
Real Estate 3,085 14,028 17,043 35,513
Total segment operating expense 342,475 313,429 922,595 847,513
Other operating expense:        
Depreciation and amortization (41,472) (38,242) (120,713) (111,587)
Gain on sale of real property 19 151 1,810 151
Gain (Loss) Related to Litigation Settlement 0 0 0 16,400
Change in Fair Value of Contingent Consideration 0 0 0 4,550
Loss on disposal of fixed assets, net (164) (71) (3,149) (852)
Income (loss) from operations 263,380 227,752 376,755 298,991
Mountain equity investment income, net 211 (129) 992 396
Investment income, net 150 119 509 155
Interest expense, net (10,400) (13,735) (31,905) (41,110)
Income (loss) before (provision) benefit from income taxes 253,341 214,007 346,351 258,432
(Provision) benefit from income taxes (95,804) (80,605) (131,613) (73,654)
Net income (loss) 157,537 133,402 214,738 184,778
Net loss (income) attributable to noncontrolling interests 95 8 289 118
Net income (loss) attributable to Vail Resorts, Inc. $ 157,632 $ 133,410 $ 215,027 $ 184,896
Per share amounts (Note 3):        
Basic net income (loss) per share attributable to Vail Resorts, Inc. $ 4.35 $ 3.67 $ 5.92 $ 5.09
Diluted net income (loss) per share attributable to Vail Resorts, Inc. 4.23 3.56 5.76 4.95
Cash dividends declared per share $ 0.8100 $ 0.6225 $ 2.0550 $ 1.4525