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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2024
Jul. 31, 2024
Oct. 31, 2023
Assets      
Cash and cash equivalents $ 403,768 $ 322,827 $ 728,859
Restricted cash 14,675 14,236 11,532
Trade receivables, net 130,162 375,752 105,546
Inventories, net 152,943 118,988 157,707
Other current assets 152,071 79,558 130,861
Total current assets 853,619 911,361 1,134,505
Property, plant and equipment, net (Note 7) 2,434,776 2,422,635 2,344,601
Real estate held for sale or investment 85,317 86,548 86,465
Goodwill, net (Note 7) 1,671,080 1,677,975 1,668,028
Intangible assets, net 300,530 302,535 300,457
Operating right-of-use assets 254,489 256,627 187,128
Other assets 42,404 40,756 38,832
Total assets 5,642,215 5,698,437 5,760,016
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,297,994 1,000,798 1,276,525
Income taxes payable 8,628 55,358 16,663
Long-term debt due within one year (Note 5) 57,045 57,153 69,659
Total current liabilities 1,363,667 1,113,309 1,362,847
Long-term debt, net (Note 5) 2,709,955 2,721,597 2,732,037
Operating lease liabilities 233,304 233,465 165,462
Other long-term liabilities 310,303 311,768 285,454
Deferred income taxes, net 279,687 279,815 286,036
Total liabilities 4,896,916 4,659,954 4,831,836
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 46,922,000 46,855,000 46,851,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,922, 46,855 and 46,851 shares issued, respectively $ 469 $ 469 $ 469
Additional paid-in capital 1,146,518 1,145,610 1,126,033
Accumulated other comprehensive loss (71,436) (67,288) (78,376)
Retained earnings $ 524,450 $ 780,431 $ 619,727
Treasury stock, shares 9,484,480 9,370,000 8,885,000
Treasury stock, at cost, 9,484, 9,370 and 8,885 shares, respectively (Note 11) $ (1,155,902) $ (1,135,685) $ (1,034,822)
Total Vail Resorts, Inc. stockholders’ equity 444,099 723,537 633,031
Noncontrolling interests 301,200 314,946 295,149
Total stockholders’ equity 745,299 1,038,483 928,180
Total liabilities and stockholders’ equity $ 5,642,215 $ 5,698,437 $ 5,760,016