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Revenue (Notes) | 6 Months Ended
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Jan. 31, 2023
Revenue [Abstract] |
Revenue from Contract with Customer [Text Block] | Disaggregation of Revenues The following table presents net revenues disaggregated by segment and major revenue type for the three and six months ended January 31, 2023 and 2022 (in thousands):
|  | Three Months Ended January 31, |  | Six Months Ended January 31,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Mountain net revenue: |  |  |  |  |  |  |  |
Lift |  | $ | 592,603 |  |  | $ | 521,582 |  |  | $ | 652,143 |  |  | $ | 535,911 |
Ski School |  | 123,451 |  |  | 92,072 |  |  | 132,378 |  |  | 93,545 |
Dining |  | 85,828 |  |  | 54,049 |  |  | 105,270 |  |  | 66,569 |
Retail/Rental |  | 159,932 |  |  | 126,831 |  |  | 200,276 |  |  | 155,207 |
Other |  | 51,628 |  |  | 39,841 |  |  | 125,092 |  |  | 92,443 |
Total Mountain net revenue |  | $ | 1,013,442 |  |  | $ | 834,375 |  |  | $ | 1,215,159 |  |  | $ | 943,675 |
Lodging net revenue: |  |  |  |  |  |  |  |
Owned hotel rooms |  | $ | 13,479 |  |  | $ | 13,584 |  |  | $ | 37,044 |  |  | $ | 35,067 |
Managed condominium rooms |  | 31,336 |  |  | 33,125 |  |  | 44,195 |  |  | 46,209 |
Dining |  | 13,184 |  |  | 8,375 |  |  | 30,013 |  |  | 18,650 |
Transportation |  | 5,888 |  |  | 5,766 |  |  | 7,348 |  |  | 7,559 |
Golf |  | — |  |  | — |  |  | 5,939 |  |  | 5,118 |
Other |  | 11,700 |  |  | 9,269 |  |  | 24,988 |  |  | 21,736 |
|  | 75,587 |  |  | 70,119 |  |  | 149,527 |  |  | 134,339 |
Payroll cost reimbursements |  | 4,990 |  |  | 1,861 |  |  | 8,667 |  |  | 3,602 |
Total Lodging net revenue |  | $ | 80,577 |  |  | $ | 71,980 |  |  | $ | 158,194 |  |  | $ | 137,941 |
Total Resort net revenue |  | $ | 1,094,019 |  |  | $ | 906,355 |  |  | $ | 1,373,353 |  |  | $ | 1,081,616 |
Total Real Estate net revenue |  | 7,699 |  |  | 180 |  |  | 7,812 |  |  | 495 |
Total net revenue |  | $ | 1,101,718 |  |  | $ | 906,535 |  |  | $ | 1,381,165 |  |  | $ | 1,082,111 |
Contract Balances Deferred revenue balances of a short-term nature were $619.5 million and $511.3 million as of January 31, 2023 and July 31, 2022, respectively. For the three and six months ended January 31, 2023, the Company recognized approximately $220.1 million and $274.6 million, respectively, of revenue that was included in the deferred revenue balance as of July 31, 2022. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $113.3 million, $117.2 million and $120.6 million as of January 31, 2023, July 31, 2022 and January 31, 2022, respectively. As of January 31, 2023, the weighted average remaining period over which revenue for unsatisfied performance obligations on long-term private club contracts will be recognized was approximately 15 years. Trade receivables, net were $160.4 million and $383.4 million as of January 31, 2023 and July 31, 2022, respectively. Costs to Obtain Contracts with Customers As of January 31, 2023, $13.0 million of costs to obtain contracts with customers were recorded within other current assets on the Company’s Consolidated Condensed Balance Sheet. The amounts capitalized are subject to amortization generally beginning in the second quarter of fiscal 2023, commensurate with the revenue recognized for related pass products. The Company recorded amortization of $12.3 million for these costs during both the three and six months ended January 31, 2023, which was recorded within Mountain and Lodging operating expenses on the Company’s Consolidated Condensed Statement of Operations.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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