XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.24.3

Revenue (Notes) | 3 Months Ended
--- | ---
Oct. 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 months ended October 31, 2024 and 2023 (in thousands):
|  | Three Months Ended October 31, |  |
|  | 2024 |  | 2023 |  |  |  |
Mountain net revenue: |  |  |  |  |  |  |  |
Lift |  | $ | 40,423 |  |  | $ | 45,390 |  |  |  |  |
Ski School |  | 6,839 |  |  | 7,178 |  |  |  |  |
Dining |  | 20,628 |  |  | 18,077 |  |  |  |  |
Retail/Rental |  | 29,526 |  |  | 33,474 |  |  |  |  |
Other |  | 75,880 |  |  | 68,336 |  |  |  |  |
Total Mountain net revenue |  | $ | 173,296 |  |  | $ | 172,455 |  |  |  |  |
Lodging net revenue: |  |  |  |  |  |  |  |
Owned hotel rooms |  | $ | 28,075 |  |  | $ | 25,177 |  |  |  |  |
Managed condominium rooms |  | 11,705 |  |  | 12,003 |  |  |  |  |
Dining |  | 19,952 |  |  | 18,083 |  |  |  |  |
Golf |  | 7,550 |  |  | 6,376 |  |  |  |  |
Other |  | 16,501 |  |  | 16,723 |  |  |  |  |
|  | 83,783 |  |  | 78,362 |  |  |  |  |
Payroll cost reimbursements |  | 3,133 |  |  | 3,459 |  |  |  |  |
Total Lodging net revenue |  | $ | 86,916 |  |  | $ | 81,821 |  |  |  |  |
Total Resort net revenue |  | $ | 260,212 |  |  | $ | 254,276 |  |  |  |  |
Total Real Estate net revenue |  | 63 |  |  | 4,289 |  |  |  |  |
Total net revenue |  | $ | 260,275 |  |  | $ | 258,565 |  |  |  |  |
Contract Balances Deferred revenue balances of a short-term nature were $901.6 million and $575.8 million as of October 31, 2024 and July 31, 2024, respectively. For the three months ended October 31, 2024, the Company recognized approximately $50.2 million of revenue that was included in the deferred revenue balance as of July 31, 2024. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $102.9 million, $104.9 million and $107.9 million as of October 31, 2024, July 31, 2024 and October 31, 2023, respectively. As of October 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 14 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 $22.7 million, $5.2 million and $21.8 million as of October 31, 2024, July 31, 2024 and October 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, and will be recorded within Mountain and Lodging operating expense on the Company’s Consolidated Condensed Statements of Operations.

X
- Definition Revenue [Abstract] + References No definition available. + Details
Name: | mtn_RevenueAbstract
Namespace Prefix: | mtn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org//606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration