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Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
Net revenue:        
Mountain and Lodging services and other $ 770,300 $ 597,110 $ 892,160 $ 701,384
Mountain and Lodging retail and dining 136,055 87,219 189,456 114,477
Resort net revenue 906,355 684,329 1,081,616 815,861
Real Estate Revenue 180 315 495 569
Revenues 906,535 684,644 1,082,111 816,430
Operating expense (exclusive of depreciation and amortization shown separately below):        
Mountain and Lodging operating expense 364,336 293,971 548,061 448,108
Mountain and Lodging retail and dining cost of products sold 53,715 37,366 77,944 54,498
General and administrative 91,261 78,121 168,495 137,150
Resort operating expense 509,312 409,458 794,500 639,756
Real Estate operating expense 1,511 1,615 2,981 3,065
Total segment operating expense 510,823 411,073 797,481 642,821
Other operating (expense) income:        
Depreciation and amortization (62,070) (62,663) (123,559) (125,291)
Gain on sale of real property 931 0 962 0
Change in estimated fair value of contingent consideration (Note 8) (16,780) (1,000) (18,780) (1,802)
Gain (loss) on disposal of fixed assets and other, net 7,347 (2,192) 16,214 (2,761)
Income from operations 325,140 207,716 159,467 43,755
Mountain equity investment income, net 818 1,180 2,332 5,166
Investment income and other, net 257 167 756 510
Foreign currency (loss) gain on intercompany loans (Note 5) (2,870) 5,135 (2,039) 5,675
Interest expense, net (37,366) (37,847) (76,911) (73,254)
Income (loss) before (provision for) benefit from income taxes 285,979 176,351 83,605 (18,148)
(Provision for) benefit from income taxes (52,049) (27,221) 7,804 10,257
Net income (loss) 233,930 149,130 91,409 (7,891)
Net (income) loss attributable to noncontrolling interests (10,539) (1,332) (7,350) 1,923
Net income (loss) attributable to Vail Resorts, Inc. $ 223,391 $ 147,798 $ 84,059 $ (5,968)
Per share amounts (Note 4):        
Basic net income (loss) per share attributable to Vail Resorts, Inc. $ 5.51 $ 3.67 $ 2.08 $ (0.15)
Diluted net income (loss) per share attributable to Vail Resorts, Inc. 5.47 3.62 2.06 (0.15)
Cash dividends declared per share $ 0.88 $ 0 $ 1.76 $ 0