XML 62 R43.htm IDEA: XBRL DOCUMENT v3.24.3
Long-Term Debt (Schedule Of Debt Instruments) (Details)
12 Months Ended
May 29, 2013
USD ($)
Jul. 31, 2024
USD ($)
d
$ / shares
Jul. 31, 2023
USD ($)
Jul. 31, 2022
USD ($)
Dec. 18, 2020
$ / shares
Long-term Line of Credit   $ 959,800,000      
Debt Instrument, Unused Borrowing Capacity, Fee   0.0030      
Interest Rate Swap, Notional Amount   400,000,000      
Long-term Debt   2,787,638,000 $ 2,825,649,000    
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net   8,888,000 5,814,000    
Less: Current maturities   57,153,000 69,160,000    
Long-term debt, net   2,721,597,000 2,750,675,000    
Interest Expense, Debt   161,800,000 153,000,000.0 $ 148,200,000  
Amortization of Financing Costs   6,300,000 6,700,000 5,900,000  
Intercompany Foreign Currency Balance, Amount   32,100,000      
Foreign currency loss on intercompany loans (Note 6)   (4,140,000) (2,907,000) $ (2,682,000)  
Long-Term Debt, Maturity, Year One   64,586,000      
Long-Term Debt, Maturity, Year Two   632,202,000      
Long-Term Debt, Maturity, Year Three   74,719,000      
Long-Term Debt, Maturity, Year Four   55,772,000      
Long-Term Debt, Maturity, Year Five   770,033,000      
Long-Term Debt, Maturity, after Year Five   1,190,326,000      
Convertible Debt Partial Redemption Minimum Remaining Balance   50,000,000      
Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature   $ 27,500,000      
Derivative, Fixed Interest Rate   1.38%      
Proceeds from Unsecured Notes Payable   $ 600,000,000      
Sale Leaseback Transaction, Historical Cost   12,800,000      
mtn:InterestRateSwapNotionalAmount   400,000,000      
Repayments of Notes Payable   65,000,000      
Credit Facility Revolver [Member]          
Line of Credit Facility, Maximum Borrowing Capacity   500,000,000.0      
Long-term Debt   $ 0 0    
Fiscal year maturity   2029      
Basis spread on LIBOR rate   1.60%      
Whistler Credit Agreement revolver [Member]          
Line of Credit Facility, Maximum Borrowing Capacity   $ 300,000,000      
Line of Credit Facility, Initiation Date   Nov. 12, 2013      
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   0.39%      
Long-term Debt   $ 0 0    
Fiscal year maturity   2028      
EPR Secured Notes [Member]          
Annual Interest Rate Increase Cap   1.50%      
Long-term Debt   $ 114,162,000 114,162,000    
Term Loan [Member]          
Debt Instrument, Periodic Payment   $ 12,300,000      
Debt Instrument, Interest Rate, Stated Percentage   6.94%      
Long-term Debt   $ 959,766,000 1,015,625,000    
Fiscal year maturity   2029      
Employee Housing Bonds [Member]          
Long-term Debt   $ 52,575,000 52,575,000    
Reference for interest rate determination   SOFR plus 0% to 0.20%      
Canyons Obligation [Member]          
Long-term Debt   $ 369,143,000 363,386,000    
Fiscal year maturity   2063      
Other [Member]          
Long-term Debt   $ 52,017,000 35,011,000    
Alpine Valley Secured Note [Member]          
Debt Instrument, Interest Rate, Stated Percentage   11.90%      
Long-term Debt   $ 4,600,000      
Boston Mills Brandywine Secured Note [Member]          
Debt Instrument, Interest Rate, Stated Percentage   11.41%      
Long-term Debt   $ 23,300,000      
Jack Frost Big Boulder Secured Note [Member]          
Debt Instrument, Interest Rate, Stated Percentage   11.41%      
Long-term Debt   $ 14,300,000      
Mount Snow Secured Note [Member]          
Debt Instrument, Interest Rate, Stated Percentage   12.50%      
Long-term Debt   $ 51,100,000      
Hunter Mountain Secured Note [Member]          
Debt Instrument, Interest Rate, Stated Percentage   9.19%      
Annual Interest Rate Increase Cap   1.75%      
Long-term Debt   $ 21,000,000.0      
Convertible Debt          
Fiscal year maturity   2026      
Whistler Employee Housing Leases          
Long-term Debt   $ 27,900,000 29,500,000    
6.50% Notes          
Line of Credit Facility, Maximum Borrowing Capacity   $ 600,000,000      
Hunter Mountain Secured Note [Member]          
EPR Additional Interest Rate   8.00%      
Mount Snow Secured Note [Member]          
EPR Additional Interest Rate   12.00%      
6.25% Notes [Member]          
Long-term Debt   $ 0 600,000,000    
Fiscal year maturity   2025      
EPR Secured Notes [Member]          
EPR Additional Interest Rate   10.00%      
Breckenridge Terrace [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 19,980,000      
Fiscal year maturity   2039      
Tarnes [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 10,410,000      
Fiscal year maturity   2039      
BC Housing [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 10,600,000      
Fiscal year maturity   2027      
Tenderfoot [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 11,585,000      
Fiscal year maturity   2035      
Convertible Notes Payable          
Debt Instrument, Face Amount   $ 575,000,000      
Long-term Debt   $ 575,000,000 575,000,000    
Debt Instrument, Convertible, Conversion Price | $ / shares   $ 369.35     $ 407.17
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger   130.00%      
Debt Instrument, Convertible, Threshold Trading Days | d   20      
Debt Instrument, Convertible, Threshold Consecutive Trading Days | d   30      
Long-term Debt, Fair Value   $ 465,300,000      
Debt Instrument, Convertible, Carrying Amount of Equity Component   109,700,000      
Debt Instrument, Unamortized Discount (Premium), Net   $ 76,700,000      
Debt Instrument Convertible Threshold Percentage of Stock Price Trigger 1   9800.00%      
Debt Instrument, Convertible | d   10      
Andermatt-Sedrun          
Long-term Debt   $ 37,088,000 40,399,000    
Whistler Employee Housing Leases          
Long-term Debt   $ 27,887,000 29,491,000    
6.50% Notes          
Debt Instrument, Interest Rate, Stated Percentage   6.50%      
Long-term Debt   $ 600,000,000 $ 0    
Fiscal year maturity   2032      
Tranche A [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 37,780,000      
Tranche A [Member] | Breckenridge Terrace [Member] | Employee Housing Bonds [Member]          
Long-term Debt   14,980,000      
Tranche A [Member] | Tarnes [Member] | Employee Housing Bonds [Member]          
Long-term Debt   8,000,000      
Tranche A [Member] | BC Housing [Member] | Employee Housing Bonds [Member]          
Long-term Debt   9,100,000      
Tranche A [Member] | Tenderfoot [Member] | Employee Housing Bonds [Member]          
Long-term Debt   5,700,000      
Tranche B [Member] | Employee Housing Bonds [Member]          
Long-term Debt   14,795,000      
Tranche B [Member] | Breckenridge Terrace [Member] | Employee Housing Bonds [Member]          
Long-term Debt   5,000,000      
Tranche B [Member] | Tarnes [Member] | Employee Housing Bonds [Member]          
Long-term Debt   2,410,000      
Tranche B [Member] | BC Housing [Member] | Employee Housing Bonds [Member]          
Long-term Debt   1,500,000      
Tranche B [Member] | Tenderfoot [Member] | Employee Housing Bonds [Member]          
Long-term Debt   $ 5,885,000      
Maximum [Member] | EPR Secured Notes [Member]          
Fiscal year maturity   2036      
Maximum [Member] | Employee Housing Bonds [Member]          
Fiscal year maturity   2039      
Long term debt interest rate   5.73%      
Maximum [Member] | Other [Member]          
Fiscal year maturity   2037      
Minimum [Member] | EPR Secured Notes [Member]          
Fiscal year maturity   2034      
Minimum [Member] | Employee Housing Bonds [Member]          
Fiscal year maturity   2027      
Long term debt interest rate   5.53%      
Minimum [Member] | Other [Member]          
Fiscal year maturity   2024      
Minimum [Member] | Andermatt-Sedrun          
Fiscal year maturity   2036      
Minimum [Member] | Whistler Employee Housing Leases          
Fiscal year maturity   2042      
Canyons [Member]          
Business Acquisition, Effective Date of Acquisition May 24, 2013        
Initial Capital Lease Term 50 years        
Optional Lease Renewal Term six 50-year renewal options        
Minimum Capital Lease Payment, Annual $ 25,000,000        
Adjustments to Capital Lease Annual Payments inflation-linked index of CPI less 1% per annum, with a floor of 2%        
Finance Lease Obligation, Interest Rate   10.00%      
Accretion Expense   $ 63,800,000      
Whistler Employee Housing Leases          
Initial Capital Lease Term May 29, 2013   20 years    
Finance Lease Obligation, Interest Rate     695.00%    
Northstar Resort Finance Leases          
Initial Capital Lease Term   20 year term