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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2023
Jul. 31, 2022
Apr. 30, 2022
Assets      
Cash and cash equivalents $ 896,089 $ 1,107,427 $ 1,401,168
Restricted cash 22,544 18,680 20,795
Trade receivables, net 351,597 383,425 267,111
Inventories, net 103,606 108,723 92,608
Other current assets 108,592 173,277 63,719
Total current assets 1,482,428 1,791,532 1,845,401
Property, plant and equipment, net (Note 7) 2,370,273 2,118,052 2,143,285
Real estate held for sale or investment 90,078 95,983 95,519
Goodwill, net (Note 7) 1,694,033 1,754,928 1,752,533
Intangible assets, net 306,519 314,058 315,025
Operating right-of-use assets 199,990 192,070 196,919
Other assets 56,130 51,405 48,612
Total assets 6,199,451 6,318,028 6,397,294
Liabilities      
Accounts payable and accrued liabilities (Note 7) 868,369 942,830 742,245
Income taxes payable 49,022 104,275 23,891
Long-term debt due within one year (Note 5) 68,970 63,749 63,736
Total current liabilities 986,361 1,110,854 829,872
Long-term debt, net (Note 5) 2,773,747 2,670,300 2,687,488
Operating lease liabilities 174,363 174,567 176,970
Other long-term liabilities 264,243 246,359 233,689
Deferred income taxes, net 401,240 268,464 404,095
Total liabilities 4,599,954 4,470,544 4,332,114
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 46,797,000 46,744,000 46,715,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,797, 46,744 and 46,715 shares issued, respectively $ 468 $ 467 $ 467
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 0 3,000 31,000
Exchangeable shares, $0.01 par value, 0, 3 and 31 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 0
Additional paid-in capital 1,118,221 1,184,577 1,178,495
Accumulated other comprehensive (loss) income (42,434) 10,923 10,759
Retained earnings 1,080,972 895,889 1,081,510
Treasury Stock, Carrying Basis $ (883,309) $ (479,417) $ (441,914)
Treasury stock, shares 8,243,438 6,466,000 6,306,000
Total Vail Resorts, Inc. stockholders’ equity $ 1,273,918 $ 1,612,439 $ 1,829,317
Noncontrolling interests 325,579 235,045 235,863
Total stockholders’ equity 1,599,497 1,847,484 2,065,180
Total liabilities and stockholders’ equity $ 6,199,451 $ 6,318,028 $ 6,397,294