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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2025
Jul. 31, 2024
Jan. 31, 2024
Assets      
Cash and cash equivalents $ 488,211 $ 322,827 $ 812,163
Restricted cash 16,344 14,236 13,329
Trade receivables, net 123,553 375,752 138,269
Inventories, net 131,974 118,988 134,839
Other current assets 84,410 79,558 80,204
Total current assets 844,492 911,361 1,178,804
Property, plant and equipment, net (Note 7) 2,382,618 2,422,635 2,349,424
Real estate held for sale or investment 90,799 86,548 86,737
Goodwill, net (Note 7) 1,626,952 1,677,975 1,699,909
Intangible assets, net 292,815 302,535 304,115
Operating right-of-use assets 250,752 256,627 189,838
Other assets 42,765 40,756 38,837
Total assets 5,531,193 5,698,437 5,847,664
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,192,209 1,000,798 1,141,624
Income taxes payable 10,230 55,358 18,015
Long-term debt due within one year (Note 5) 584,245 57,153 69,135
Total current liabilities 1,786,684 1,113,309 1,228,774
Long-term debt, net (Note 5) 2,117,986 2,721,597 2,721,598
Operating lease liabilities 230,484 233,465 168,716
Other long-term liabilities 301,562 311,768 291,330
Deferred income taxes, net 278,415 279,815 286,581
Total liabilities 4,715,131 4,659,954 4,696,999
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 46,923,000 46,855,000 46,852,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,923, 46,855 and 46,852 shares issued, respectively $ 469 $ 469 $ 469
Additional paid-in capital 1,153,868 1,145,610 1,133,275
Accumulated other comprehensive loss (134,699) (67,288) (29,838)
Retained earnings $ 687,169 $ 780,431 $ 760,820
Treasury stock, shares 9,586,748 9,370,000 8,885,000
Treasury stock, at cost, 9,587, 9,370 and 8,885 shares, respectively (Note 11) $ (1,176,104) $ (1,135,685) $ (1,034,822)
Total Vail Resorts, Inc. stockholders’ equity 530,703 723,537 829,904
Noncontrolling interests 285,359 314,946 320,761
Total stockholders’ equity 816,062 1,038,483 1,150,665
Total liabilities and stockholders’ equity $ 5,531,193 $ 5,698,437 $ 5,847,664