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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2021
Jul. 31, 2020
Jan. 31, 2020
Assets      
Cash and cash equivalents $ 1,301,003 $ 390,980 $ 126,793
Restricted cash 11,001 11,106 13,655
Trade receivables, net 117,012 106,664 105,325
Inventories, net 86,876 101,856 113,907
Other current assets 57,559 54,482 54,122
Total current assets 1,573,451 665,088 413,802
Property, plant and equipment, net (Note 7) 2,158,863 2,192,679 2,263,781
Real estate held for sale and investment 96,801 96,844 96,944
Goodwill, net (Note 7) 1,760,908 1,709,020 1,750,011
Intangible assets, net 318,983 314,776 321,391
Operating right-of-use assets 215,377 225,744 227,394
Other assets 41,450 40,081 40,356
Total assets 6,165,833 5,244,232 5,113,679
Liabilities      
Accounts payable and accrued liabilities (Note 7) 831,794 499,108 811,497
Income taxes payable 37,862 40,680 43,325
Long-term debt due within one year (Note 5) 112,796 63,677 63,556
Total current liabilities 982,452 603,465 918,378
Long-term debt, net (Note 5) 2,768,015 2,387,122 1,817,058
Operating lease liabilities 210,855 217,542 228,474
Other long-term liabilities (Note 7) 251,913 270,245 245,375
Deferred income taxes, net 266,152 234,191 254,196
Total liabilities 4,479,387 3,712,565 3,463,481
Commitments and contingencies (Note 9)
Stockholders' Equity      
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01 $ 0.01
Preferred stock, shares authorized 25,000,000 25,000,000 25,000,000
Preferred stock, shares issued 0 0 0
Preferred stock, shares outstanding 0 0 0
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding $ 0 $ 0 $ 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000 100,000,000
Common stock, shares issued 46,416,000 46,350,000 46,264,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,416, 46,350 and 46,264 shares issued, respectively $ 465 $ 464 $ 462
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 35,000 36,000 55,000
Exchangeable shares, $0.01 par value, 35, 36 and 55 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 1
Additional paid-in capital 1,216,489 1,131,624 1,130,906
Accumulated other comprehensive income (loss) 8,226 (56,837) (44,100)
Retained earnings $ 639,934 $ 645,902 $ 717,646
Treasury stock, shares 6,161,141 6,161,000 6,000,000
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 1,460,703 1,316,742 1,425,482
Noncontrolling interests 225,743 214,925 224,716
Total stockholders’ equity 1,686,446 1,531,667 1,650,198
Total liabilities and stockholders’ equity $ 6,165,833 $ 5,244,232 $ 5,113,679