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Revenue (Notes) | 6 Months Ended
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Jan. 31, 2024
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, 2024 and 2023 (in thousands):
|  | Three Months Ended January 31, |  | Six Months Ended January 31,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Mountain net revenue: |  |  |  |  |  |  |  |
Lift |  | $ | 603,459 |  |  | $ | 592,603 |  |  | $ | 648,849 |  |  | $ | 652,143 |
Ski School |  | 126,629 |  |  | 123,451 |  |  | 133,807 |  |  | 132,378 |
Dining |  | 82,060 |  |  | 85,828 |  |  | 100,137 |  |  | 105,270 |
Retail/Rental |  | 136,156 |  |  | 159,932 |  |  | 169,630 |  |  | 200,276 |
Other |  | 51,677 |  |  | 51,628 |  |  | 120,013 |  |  | 125,092 |
Total Mountain net revenue |  | $ | 999,981 |  |  | $ | 1,013,442 |  |  | $ | 1,172,436 |  |  | $ | 1,215,159 |
Lodging net revenue: |  |  |  |  |  |  |  |
Owned hotel rooms |  | $ | 13,583 |  |  | $ | 13,479 |  |  | $ | 38,760 |  |  | $ | 37,044 |
Managed condominium rooms |  | 28,308 |  |  | 31,336 |  |  | 40,311 |  |  | 44,195 |
Dining |  | 13,609 |  |  | 13,184 |  |  | 31,692 |  |  | 30,013 |
Transportation |  | 6,405 |  |  | 5,888 |  |  | 7,910 |  |  | 7,348 |
Golf |  | — |  |  | — |  |  | 6,471 |  |  | 5,939 |
Other |  | 11,417 |  |  | 11,700 |  |  | 26,540 |  |  | 24,988 |
|  | 73,322 |  |  | 75,587 |  |  | 151,684 |  |  | 149,527 |
Payroll cost reimbursements |  | 4,495 |  |  | 4,990 |  |  | 7,954 |  |  | 8,667 |
Total Lodging net revenue |  | $ | 77,817 |  |  | $ | 80,577 |  |  | $ | 159,638 |  |  | $ | 158,194 |
Total Resort net revenue |  | $ | 1,077,798 |  |  | $ | 1,094,019 |  |  | $ | 1,332,074 |  |  | $ | 1,373,353 |
Total Real Estate net revenue |  | 160 |  |  | 7,699 |  |  | 4,449 |  |  | 7,812 |
Total net revenue |  | $ | 1,077,958 |  |  | $ | 1,101,718 |  |  | $ | 1,336,523 |  |  | $ | 1,381,165 |
Contract Balances Deferred revenue balances of a short-term nature were $660.3 million and $572.6 million as of January 31, 2024 and July 31, 2023, respectively. For the three and six months ended January 31, 2024, the Company recognized approximately $238.0 million and $294.5 million, respectively, of revenue that was included in the deferred revenue balance as of July 31, 2023. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $108.3 million, $109.7 million and $113.3 million as of January 31, 2024, July 31, 2023 and January 31, 2023, respectively. As of January 31, 2024, 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. Costs to Obtain Contracts with Customers Costs to obtain contracts with customers are recorded within other current assets on the Company’s Consolidated Condensed Balance Sheets, and were $14.4 million, $5.1 million and $13.0 million as of January 31, 2024, July 31, 2023 and January 31, 2023, respectively. The amounts capitalized are subject to amortization generally beginning in the second quarter of each fiscal year, commensurate with the recognition of revenue for related pass products. The Company recorded amortization of $13.9 million for these costs during both the three and six months ended January 31, 2024, which was recorded within Mountain and Lodging operating expense on the Company’s Consolidated Condensed Statements of Operations.

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