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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2020
Jul. 31, 2020
Oct. 31, 2019
Assets      
Cash and cash equivalents $ 462,212 $ 390,980 $ 136,326
Restricted cash 10,163 11,106 14,027
Trade receivables, net 208,540 106,664 87,301
Inventories, net 100,879 101,856 127,859
Other current assets 59,821 54,482 62,821
Total current assets 841,615 665,088 428,334
Property, plant and equipment, net (Note 7) 2,166,604 2,192,679 2,280,089
Real estate held for sale and investment 96,668 96,844 96,938
Goodwill, net (Note 7) 1,711,870 1,709,020 1,757,463
Intangible assets, net 313,445 314,776 324,178
Operating right-of-use assets 218,902 225,744 229,709
Other assets 41,420 40,081 41,036
Total assets 5,390,524 5,244,232 5,157,747
Liabilities      
Accounts payable and accrued liabilities (Note 7) 846,614 499,108 856,934
Income taxes payable 39,909 40,680 50,759
Long-term debt due within one year (Note 5) 63,707 63,677 63,807
Total current liabilities 950,230 603,465 971,500
Long-term debt, net (Note 5) 2,387,861 2,387,122 2,005,057
Operating lease liabilities 213,073 217,542 231,182
Other long-term liabilities (Note 7) 253,108 270,245 238,964
Deferred income taxes, net 210,525 234,191 188,608
Total liabilities 4,014,797 3,712,565 3,635,311
Commitments and contingencies (Note 9)
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, 46,412, 46,350 and 46,257 shares issued, respectively 464 464 462
Exchangeable shares, $0.01 par value, 35, 36 and 55 shares issued and outstanding, respectively (Note 4) 0 0 1
Additional paid-in capital 1,130,318 1,131,624 1,126,492
Accumulated other comprehensive loss (52,387) (56,837) (27,269)
Retained earnings 492,136 645,902 582,235
Treasury stock, at cost, 6,161, 6,161, and 6,000 shares, respectively (Note 11) (404,411) (404,411) (379,433)
Total Vail Resorts, Inc. stockholders’ equity 1,166,120 1,316,742 1,302,488
Noncontrolling interests 209,607 214,925 219,948
Total stockholders’ equity 1,375,727 1,531,667 1,522,436
Total liabilities and stockholders’ equity $ 5,390,524 $ 5,244,232 $ 5,157,747