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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2022
Jul. 31, 2021
Apr. 30, 2021
Assets      
Cash and cash equivalents $ 1,401,168 $ 1,243,962 $ 1,344,702
Restricted cash 20,795 14,612 11,684
Trade receivables, net 267,111 345,408 208,132
Inventories, net 92,608 80,316 73,044
Other current assets 63,719 61,288 47,253
Total current assets 1,845,401 1,745,586 1,684,815
Property, plant and equipment, net (Note 7) 2,143,285 2,067,876 2,116,795
Real estate held for sale or investment 95,519 95,615 96,259
Goodwill, net (Note 7) 1,752,533 1,781,047 1,801,296
Intangible assets, net 315,025 319,110 323,521
Operating right-of-use assets 196,919 204,716 211,497
Other assets 48,612 37,106 42,454
Total assets 6,397,294 6,251,056 6,276,637
Liabilities      
Accounts payable and accrued liabilities (Note 7) 742,245 815,472 567,264
Income taxes payable 23,891 48,812 36,344
Long-term debt due within one year (Note 5) 63,736 114,117 113,454
Total current liabilities 829,872 978,401 717,062
Long-term debt, net (Note 5) 2,687,488 2,736,175 2,739,981
Operating lease liabilities 176,970 190,561 196,256
Other long-term liabilities 233,689 264,034 252,451
Deferred income taxes, net 404,095 252,817 344,190
Total liabilities 4,332,114 4,421,988 4,249,940
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 46,715,000 46,552,000 46,429,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,715, 46,552 and 46,429 shares issued, respectively $ 467 $ 466 $ 465
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 31,000 34,000 34,000
Exchangeable shares, $0.01 par value, 31, 34 and 34 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 0
Additional paid-in capital 1,178,495 1,196,993 1,220,942
Accumulated other comprehensive income 10,759 27,799 50,643
Retained earnings 1,081,510 773,752 914,563
Treasury stock, at cost, 6,306, 6,161 and 6,161 shares, respectively (Note 11) (441,914) (404,411) (404,411)
Total Vail Resorts, Inc. stockholders’ equity 1,829,317 1,594,599 1,782,202
Noncontrolling interests 235,863 234,469 244,495
Total stockholders’ equity 2,065,180 1,829,068 2,026,697
Total liabilities and stockholders’ equity $ 6,397,294 $ 6,251,056 $ 6,276,637
Treasury stock, shares 6,306,016 6,161,000 6,161,000