XML 82 R66.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jul. 31, 2017
Apr. 30, 2017
Jan. 31, 2017
Oct. 31, 2016
Jul. 31, 2016
Apr. 30, 2016
Jan. 31, 2016
Oct. 31, 2015
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Total Mountain net revenue                 $ 1,611,786 $ 1,304,604 $ 1,104,029
Lodging                 278,514 274,554 254,553
Resort                 1,890,300 1,579,158 1,358,582
Real Estate                 16,918 22,128 41,342
Total net revenue $ 209,124 $ 794,631 $ 725,198 $ 178,265 $ 179,884 $ 647,472 $ 599,363 $ 174,567 1,907,218 1,601,286 1,399,924
Mountain                 1,047,331 881,472 777,147
Lodging                 251,427 246,385 232,877
Resort                 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
Gain on litigation settlement (Note 5)                 0 0 16,400
Gain on sale of real property                 6,766 5,295 151
Mountain equity investment income, net                 1,883 1,283 822
Total Reported EBITDA                 593,026 455,368 358,865
Real estate held for sale and investment 103,405       111,088       103,405 111,088 129,825
Depreciation and amortization                 (189,157) (161,488) (149,123)
Change in Fair Value of Contingent Consideration                 (16,300) (4,200) 3,650
Loss on disposal of fixed assets and other, net                 (6,430) (5,418) (2,057)
Investment income and other, net                 6,114 723 246
Foreign currency gain on intercompany loans (Note 4)                 15,285 0 0
Interest expense                 (54,089) (42,366) (51,241)
Loss on extinguishment of debt                 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 (61,248) 196,856 159,728 (63,618) (65,284) 157,537 116,871 (59,670) 231,718 149,454 114,610
Net (income) loss attributable to noncontrolling interests                 (21,165) 300 144
Net income (57,146) $ 181,107 $ 149,179 $ (62,587) (65,273) $ 157,632 $ 116,982 $ (59,587) 210,553 149,754 114,754
Property, Plant and Equipment, Net $ 1,714,154       $ 1,363,814       1,714,154 1,363,814  
Lift Tickets [Member]                      
Total Mountain net revenue                 818,341 658,047 536,458
Ski School [Member]                      
Total Mountain net revenue                 177,748 143,249 126,206
Dining [Member]                      
Total Mountain net revenue                 150,587 121,008 101,010
Retail/Rental [Member]                      
Total Mountain net revenue                 293,428 241,134 219,153
Other [Member]                      
Total Mountain net revenue                 171,682 141,166 121,202
Resort [Member]                      
Total Reported EBITDA                 593,425 452,584 365,780
Mountain [Member]                      
Total Reported EBITDA                 566,338 424,415 344,104
Lodging [Member]                      
Total Reported EBITDA                 27,087 28,169 21,676
Real Estate [Member]                      
Total Reported EBITDA                 $ (399) $ 2,784 $ (6,915)