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Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2017
Apr. 30, 2016
Net revenue:        
Mountain $ 721,160 $ 572,805 $ 1,486,026 $ 1,206,610
Lodging 68,601 72,933 201,887 200,026
Real estate 4,870 1,734 10,181 14,766
Total net revenue 794,631 647,472 1,698,094 1,421,402
Segment operating expense (exclusive of depreciation and amortization shown separately below):        
Mountain 340,390 281,968 863,882 729,382
Lodging 57,897 57,422 181,660 176,170
Real estate 9,818 3,085 17,144 17,043
Total segment operating expense 408,105 342,475 1,062,686 922,595
Other operating (expense) income:        
Depreciation and amortization (50,029) (41,472) (140,236) (120,713)
Gain on sale of real property 0 19 6,466 1,810
Change in estimated fair value of contingent consideration (Note 7) (14,500) 0 (15,100) 0
Loss on disposal of fixed assets and other, net (1,924) (164) (4,705) (3,149)
Income from operations 320,073 263,380 481,833 376,755
Mountain equity investment income, net 521 211 1,510 992
Investment income and other, net 210 150 5,881 509
Interest expense and other, net (23,313) (10,400) (44,325) (31,905)
Income before provision for income taxes 297,491 253,341 444,899 346,351
Provision for income taxes (100,635) (95,804) (151,933) (131,613)
Net income 196,856 157,537 292,966 214,738
Net (income) loss attributable to noncontrolling interests (15,749) 95 (25,267) 289
Net income attributable to Vail Resorts, Inc. $ 181,107 $ 157,632 $ 267,699 $ 215,027
Per share amounts (Note 3):        
Basic net income per share attributable to Vail Resorts, Inc. $ 4.52 $ 4.35 $ 6.87 $ 5.92
Diluted net income per share attributable to Vail Resorts, Inc. 4.40 4.23 6.68 5.76
Cash dividends declared per share $ 1.053 $ 0.81 $ 2.673 $ 2.055