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Revenue (Notes) | 6 Months Ended
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Jan. 31, 2020
Revenue [Abstract] |
Revenue from Contract with Customer [Text Block] | 3. Revenues Disaggregation of Revenues The following table presents net revenues disaggregated by segment and major revenue type for the three and six months ended January 31, 2020 and 2019 (in thousands):
|  | Three Months Ended January 31, |  | Six Months Ended January 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Mountain net revenue: |  |  |  |  |  |  |  |
Lift |  | $ | 484,348 |  |  | $ | 447,558 |  |  | $ | 526,177 |  |  | $ | 472,243 |
Ski School |  | 102,743 |  |  | 92,244 |  |  | 111,277 |  |  | 96,516 |
Dining |  | 75,719 |  |  | 65,409 |  |  | 97,348 |  |  | 83,701 |
Retail/Rental |  | 133,713 |  |  | 128,436 |  |  | 181,628 |  |  | 171,778 |
Other |  | 49,022 |  |  | 42,426 |  |  | 109,947 |  |  | 96,841 |
Total Mountain net revenue |  | $ | 845,545 |  |  | $ | 776,073 |  |  | $ | 1,026,377 |  |  | $ | 921,079 |
Lodging net revenue: |  |  |  |  |  |  |  |
Owned hotel rooms |  | $ | 11,251 |  |  | $ | 11,548 |  |  | $ | 31,197 |  |  | $ | 31,147 |
Managed condominium rooms |  | 31,500 |  |  | 28,046 |  |  | 46,240 |  |  | 39,164 |
Dining |  | 11,111 |  |  | 10,189 |  |  | 29,254 |  |  | 26,318 |
Transportation |  | 7,725 |  |  | 7,722 |  |  | 10,076 |  |  | 10,196 |
Golf |  | — |  |  | — |  |  | 10,543 |  |  | 9,459 |
Other |  | 13,855 |  |  | 12,120 |  |  | 27,699 |  |  | 24,588 |
|  | 75,442 |  |  | 69,625 |  |  | 155,009 |  |  | 140,872 |
Payroll cost reimbursements |  | 3,445 |  |  | 3,624 |  |  | 6,636 |  |  | 7,277 |
Total Lodging net revenue |  | $ | 78,887 |  |  | $ | 73,249 |  |  | $ | 161,645 |  |  | $ | 148,149 |
Total Resort net revenue |  | $ | 924,432 |  |  | $ | 849,322 |  |  | $ | 1,188,022 |  |  | $ | 1,069,228 |
Total Real Estate net revenue |  | 206 |  |  | 256 |  |  | 4,386 |  |  | 354 |
Total net revenue |  | $ | 924,638 |  |  | $ | 849,578 |  |  | $ | 1,192,408 |  |  | $ | 1,069,582 |
Contract Balances Deferred revenue balances of a short-term nature were $426.7 million and $335.7 million as of January 31, 2020 and July 31, 2019, respectively. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $125.5 million and $124.3 million as of January 31, 2020 and July 31, 2019, respectively. For the three and six months ended January 31, 2020, the Company recognized approximately $145.3 million and $179.9 million, respectively, of revenue that was included in the deferred revenue balance as of July 31, 2019. As of January 31, 2020, the weighted average remaining period over which revenue for unsatisfied performance obligations on long-term private club contracts will be recognized was approximately 16 years. Trade receivable balances were $105.3 million and $270.9 million as of January 31, 2020 and July 31, 2019, respectively. Costs to Obtain Contracts with Customers As of January 31, 2020, $7.0 million of costs to obtain contracts with customers were recorded within other current assets on the Company’s Consolidated Condensed Balance Sheet. The amounts capitalized are subject to amortization commensurate with the revenue recognized for skier visits. The Company recorded amortization of $7.0 million for these costs during the three and six months ended January 31, 2020, which was recorded within Mountain and Lodging operating expenses on the Company’s Consolidated Condensed Statement of Operations.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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