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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Net revenue:      
Mountain and Lodging services and other $ 1,477,654 $ 1,228,716 $ 1,044,599
Mountain and Lodging retail and dining 412,646 350,442 313,983
Resort net revenue 1,890,300 1,579,158 1,358,582
Real Estate 16,918 22,128 41,342
Total net revenue 1,907,218 1,601,286 1,399,924
Total segment operating expense      
Mountain and Lodging operating expense 891,135 775,590 697,111
Mountain and Lodging retail and dining cost of products sold 170,824 143,276 133,160
General and administrative 236,799 208,991 179,753
Resort operating expense 1,298,758 1,127,857 1,010,024
Real Estate 24,083 24,639 48,408
Total segment operating expense 1,322,841 1,152,496 1,058,432
Other operating (expense) income:      
Depreciation and amortization (189,157) (161,488) (149,123)
Gain on sale of real property 6,766 5,295 151
Gain on litigation settlement (Note 5) 0 0 16,400
Change in fair value of contingent consideration (Note 8) (16,300) (4,200) 3,650
Loss on disposal of fixed assets and other, net (6,430) (5,418) (2,057)
Income from operations 379,256 282,979 210,513
Mountain equity investment income, net 1,883 1,283 822
Investment income and other, net 6,114 723 246
Foreign currency gain on intercompany loans (Note 4) 15,285 0 0
Interest expense, net (54,089) (42,366) (51,241)
Loss on extinguishment of debt (Note 4) 0 0 (11,012)
Income before provision for income taxes 348,449 242,619 149,328
Provision for income taxes (Note 9) (116,731) (93,165) (34,718)
Net income 231,718 149,454 114,610
Net (income) loss attributable to noncontrolling interests (21,165) 300 144
Net income attributable to Vail Resorts, Inc. $ 210,553 $ 149,754 $ 114,754
Per share amounts (Note 3):      
Basic net income per share attributable to Vail Resorts, Inc. $ 5.36 $ 4.13 $ 3.16
Diluted net income per share attributable to Vail Resorts, Inc. 5.22 4.01 3.07
Cash dividends declared per share $ 3.726 $ 2.865 $ 2.075