XML 47 R35.htm IDEA: XBRL DOCUMENT
v3.21.1

Long-Term Debt (Schedule Of Debt Instruments) (Details) - USD ($) | 3 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | ---
Apr. 30, 2021 | Apr. 30, 2020 | Apr. 30, 2021 | Apr. 30, 2020 | Dec. 18, 2020 | Jul. 31, 2020
Amortization of Debt Issuance Costs | $ 1,500,000 | $ 300,000 | $ 3,400,000 | $ 1,000,000.0 |  |
Debt Instrument, Unused Borrowing Capacity, Fee |  |  | 0.004 |  |  |
Total debt | 2,958,188,000 | 2,414,701,000 | 2,958,188,000 | 2,414,701,000 |  | $ 2,444,248,000
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | 104,753,000 | (14,237,000) | 104,753,000 | (14,237,000) |  | (6,551,000)
Long-term Debt, Excluding Current Maturities | 113,454,000 | 63,566,000 | 113,454,000 | 63,566,000 |  | 63,677,000
Long-term Debt, Excluding Current Maturities | 2,739,981,000 | 2,365,372,000 | 2,739,981,000 | 2,365,372,000 |  | 2,387,122,000
Debt Instrument, Face Amount |  |  |  |  | $ 575,000,000.0 |
Hunter Mountain Secured Note [Member] |  |  |  |  |  |
Total debt | $ 21,000,000.0 |  | $ 21,000,000.0 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 8.72% |  | 8.72% |  |  |
Credit Facility Revolver [Member] |  |  |  |  |  |
Total debt | $ 0 | 400,000,000 | $ 0 | 400,000,000 |  | 0
Fiscal year maturity |  |  | 2024 |  |  |
Whistler Credit Agreement revolver [Member] |  |  |  |  |  |
Total debt | $ 40,681,000 | 214,101,000 | $ 40,681,000 | 214,101,000 |  | 58,236,000
Fiscal year maturity |  |  | 2024 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.21% |  | 2.21% |  |  |
EPR Secured Notes [Member] |  |  |  |  |  |
Total debt | $ 114,162,000 | 114,162,000 | $ 114,162,000 | 114,162,000 |  | 114,162,000
EPR Secured Notes [Member] | Minimum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2034 |  |  |
EPR Secured Notes [Member] | Maximum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2036 |  |  |
EB-5 Development Notes [Member] |  |  |  |  |  |
Total debt | 51,500,000 | 51,500,000 | $ 51,500,000 | 51,500,000 |  | 51,500,000
Fiscal year maturity |  |  | 2021 |  |  |
Term Loan [Member] |  |  |  |  |  |
Debt Instrument, Periodic Payment |  |  | $ 15,600,000 |  |  |
Total debt | $ 1,156,250,000 | 1,218,750,000 | $ 1,156,250,000 | 1,218,750,000 |  | 1,203,125,000
Fiscal year maturity |  |  | 2024 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.61% |  | 2.61% |  |  |
Employee Housing Bonds [Member] |  |  |  |  |  |
Total debt | $ 52,575,000 | 52,575,000 | $ 52,575,000 | 52,575,000 |  | 52,575,000
Employee Housing Bonds [Member] | Minimum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2027 |  |  |
Employee Housing Bonds [Member] | Maximum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2039 |  |  |
Canyons Obligation [Member] |  |  |  |  |  |
Total debt | 350,373,000 | 344,591,000 | $ 350,373,000 | 344,591,000 |  | 346,034,000
Fiscal year maturity |  |  | 2063 |  |  |
Other [Member] |  |  |  |  |  |
Total debt | 17,647,000 | 19,022,000 | $ 17,647,000 | 19,022,000 |  | 18,616,000
Other [Member] | Minimum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2021 |  |  |
Other [Member] | Maximum [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2033 |  |  |
Convertible Debt [Member] |  |  |  |  |  |
Fiscal year maturity |  |  | 2026 |  |  |
Boston Mills Brandywine Secured Note [Member] |  |  |  |  |  |
Total debt | $ 23,300,000 |  | $ 23,300,000 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 10.91% |  | 10.91% |  |  |
Term Loan, Unhedged Portion [Member] |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.75% |  | 2.75% |  |  |
Alpine Valley Secured Note [Member] |  |  |  |  |  |
Total debt | $ 4,600,000 |  | $ 4,600,000 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 11.38% |  | 11.38% |  |  |
Jack Frost Big Boulder Secured Note [Member] |  |  |  |  |  |
Total debt | $ 14,300,000 |  | $ 14,300,000 |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 10.91% |  | 10.91% |  |  |
6.25% Notes [Member] |  |  |  |  |  |
Total debt | $ 600,000,000 | 0 | $ 600,000,000 | 0 |  | 600,000,000
Fiscal year maturity |  |  | 2025 |  |  |
Convertible Notes Payable |  |  |  |  |  |
Total debt | $ 575,000,000 | $ 0 | $ 575,000,000 | $ 0 |  | $ 0
Debt Instrument, Convertible, Conversion Price | $ 407.17 |  | $ 407.17 |  |  |
Debt Instrument, Face Amount |  |  |  |  | $ 575,000,000.0 |

X
- Definition Debt Instrument, Year of Maturity + References No definition available. + Details
Name: | mtn_DebtInstrumentYearofMaturity
Namespace Prefix: | mtn_
Data Type: | xbrli:gYearItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of amortization expense attributable to debt issuance costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(8)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_AmortizationOfFinancingCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The price per share of the conversion feature embedded in the debt instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031898-161870 + Details
Name: | us-gaap_DebtInstrumentConvertibleConversionPrice1
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the required periodic payments including both interest and principal payments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentPeriodicPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of unamortized debt discount (premium) and debt issuance costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of commitment fees for the unused borrowing capacity under the long-term financing arrangement that is available to the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentUnusedBorrowingCapacityFee
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_HunterMountainSecuredNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_WhistlerCreditAgreementrevolverMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_EPRSecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_EB5DevelopmentNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_EmployeeHousingBondsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_CanyonsObligationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_OtherDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_ConvertibleDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_BostonMillsBrandywineSecuredNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_TermLoanUnhedgedPortionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_AlpineValleySecuredNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=mtn_JackFrostBigBoulderSecuredNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=mtn_A6.25NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_ConvertibleNotesPayableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |