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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2020
Jul. 31, 2019
Apr. 30, 2019
Assets      
Cash and cash equivalents $ 482,656 $ 108,850 $ 59,636
Restricted cash 10,459 9,539 8,876
Trade receivables, net 100,225 270,896 273,108
Inventories, net 101,748 96,539 84,059
Other current assets 55,790 42,116 41,177
Total current assets 750,878 527,940 466,856
Property, plant and equipment, net (Note 8) 2,201,803 1,842,500 1,847,434
Real estate held for sale and investment 96,565 101,021 101,251
Goodwill, net (Note 8) 1,673,258 1,608,206 1,596,867
Intangible assets, net 310,033 306,173 306,489
Operating right-of-use assets (Note 4) 217,318 0 0
Other assets 39,797 40,237 42,837
Total assets 5,289,652 4,426,077 4,361,734
Liabilities      
Accounts payable and accrued liabilities (Note 8) 449,274 607,857 543,060
Income taxes payable 42,554 62,760 23,290
Long-term debt due within one year (Note 6) 63,566 48,516 48,504
Total current liabilities 555,394 719,133 614,854
Long-term debt, net (Note 6) 2,365,372 1,527,744 1,310,870
Operating lease liabilities (Note 4) 209,321 0 0
Other long-term liabilities (Note 8) 251,464 283,601 268,350
Deferred income taxes, net 277,841 168,759 274,306
Total liabilities 3,659,392 2,699,237 2,468,380
Commitments and contingencies (Note 10)
Stockholders' Equity      
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding 0 0 0
Common stock, $0.01 par value, 100,000 shares authorized, 46,266, 46,190 and 46,105 shares issued, respectively 462 461 461
Exchangeable shares, $0.01 par value, 54, 56 and 56 shares issued and outstanding, respectively (Note 5) 1 1 1
Additional paid-in capital 1,136,139 1,130,083 1,140,099
Accumulated other comprehensive loss (109,576) (31,730) (36,540)
Retained earnings 799,508 759,801 920,327
Treasury stock, at cost, 6,161, 5,905, and 5,905 shares, respectively (Note 12) (404,411) (357,989) (357,989)
Total Vail Resorts, Inc. stockholders’ equity 1,422,123 1,500,627 1,666,359
Noncontrolling interests 208,137 226,213 226,995
Total stockholders’ equity 1,630,260 1,726,840 1,893,354
Total liabilities and stockholders’ equity $ 5,289,652 $ 4,426,077 $ 4,361,734