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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,
 20242023
Mountain net revenue:
Lift$40,423 $45,390 
Ski School6,839 7,178 
Dining20,628 18,077 
Retail/Rental29,526 33,474 
Other75,880 68,336 
Total Mountain net revenue$173,296 $172,455 
Lodging net revenue:
Owned hotel rooms$28,075 $25,177 
Managed condominium rooms11,705 12,003 
Dining 19,952 18,083 
Golf7,550 6,376 
Other16,501 16,723 
83,783 78,362 
Payroll cost reimbursements3,133 3,459 
Total Lodging net revenue $86,916 $81,821 
Total Resort net revenue$260,212 $254,276 
Total Real Estate net revenue63 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.