XML 57 R45.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2021
Jan. 31, 2020
Jul. 31, 2020
Total Mountain net revenue $ 641,455 $ 845,545 $ 736,169 $ 1,026,377  
Lodging Revenue Net 42,874 78,887 79,692 161,645  
Total Resort net revenue 684,329 924,432 815,861 1,188,022  
Real Estate Revenue 315 206 569 4,386  
Revenues 684,644 924,638 816,430 1,192,408  
Mountain 359,058 472,686 545,150 734,694  
Lodging 50,400 73,593 94,606 153,085  
Resort operating expense 409,458 546,279 639,756 887,779  
Real Estate 1,615 1,505 3,065 6,798  
Total segment operating expense 411,073 547,784 642,821 894,577  
Gain on sale of real property 0 0 0 207  
Mountain equity investment income, net 1,180 169 5,166 1,360  
Real estate held for sale and investment 96,801 96,944 96,801 96,944 $ 96,844
Net income (loss) attributable to Vail Resorts, Inc. 147,798 206,370 (5,968) 99,895  
Net income (loss) attributable to noncontrolling interests 1,332 10,648 (1,923) 7,294  
Net income (loss) 149,130 217,018 (7,891) 107,189  
Provision (benefit) from income taxes 27,221 67,313 (10,257) 20,750  
Income (loss) before (provision) benefit from income taxes 176,351 284,331 (18,148) 127,939  
Depreciation and amortization 62,663 63,812 125,291 121,657  
Change in Fair Value of Contingent Consideration 1,000 1,600 1,802 2,736  
Loss (gain) on disposal of fixed assets and other, net 2,192 709 2,761 (1,558)  
Investment income and other, net (167) (361) (510) (638)  
Foreign currency (gain) loss on intercompany loans (5,135) 798 (5,675) 438  
Interest expense, net 37,847 26,134 73,254 48,824  
Total Reported EBITDA 274,751 377,023 178,775 299,398  
Lift Tickets [Member]          
Total Mountain net revenue 430,775 484,348 463,866 526,177  
Ski School [Member]          
Total Mountain net revenue 56,390 102,743 58,434 111,277  
Dining [Member]          
Total Mountain net revenue 31,810 75,719 34,878 97,348  
Retail/Rental [Member]          
Total Mountain net revenue 90,126 133,713 112,432 181,628  
Other Mountain Revenue [Member]          
Total Mountain net revenue 32,354 49,022 66,559 109,947  
Resort [Member]          
Total Reported EBITDA 276,051 378,322 181,271 301,603  
Mountain [Member]          
Total Reported EBITDA 283,577 373,028 196,185 293,043  
Lodging [Member]          
Total Reported EBITDA (7,526) 5,294 (14,914) 8,560  
Real Estate          
Total Reported EBITDA $ (1,300) $ (1,299) $ (2,496) $ (2,205)