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Segment Information (Tables)

3 Months Ended

Oct. 31, 2024

Segment Reporting [Abstract]

Summary Of Financial Information By Reportable Segment

The following table presents financial information by reportable segment, which is used by management in evaluating performance and allocating resources (in thousands):

			Three Months Ended October 31,
			2024						2023
Net revenue:
Mountain			$	173,296					$	172,455
Lodging			86,916						81,821
Total Resort net revenue			260,212						254,276
Real Estate			63						4,289
Total net revenue			$	260,275					$	258,565
Segment operating expense:
Mountain			$	319,509					$	312,839
Lodging			82,559						82,057
Total Resort operating expense			402,068						394,896
Real Estate			1,491						5,181
Total segment operating expense			$	403,559					$	400,077
Gain on sale of real property			$	16,506					$	6,285
Mountain equity investment income, net			$	2,151					$	859
Reported EBITDA:
Mountain			$	(144,062)					$	(139,525)
Lodging			4,357						(236)
Resort			(139,705)						(139,761)
Real Estate			15,078						5,393
Total Reported EBITDA			$	(124,627)					$	(134,368)
Real estate held for sale or investment			$	85,317					$	86,465
Reconciliation from loss attributable to Vail Resorts, Inc. to Total Reported EBITDA:
Net loss attributable to Vail Resorts, Inc.			$	(172,836)					$	(175,512)
Net loss attributable to noncontrolling interests			(8,708)						(7,535)
Net loss			(181,544)						(183,047)
Benefit from income taxes			(58,249)						(65,160)
Loss before benefit from income taxes			(239,793)						(248,207)
Depreciation and amortization			71,633						66,728
Change in estimated fair value of contingent consideration			2,079						3,057
Loss on disposal of fixed assets and other, net			1,529						2,043
Investment income and other, net			(2,493)						(3,684)
Foreign currency loss on intercompany loans			264						4,965
Interest expense, net			42,154						40,730
Total Reported EBITDA			$	(124,627)					$	(134,368)

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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