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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2025
Jul. 31, 2024
Apr. 30, 2024
Assets      
Cash and cash equivalents $ 467,034 $ 322,827 $ 705,429
Restricted cash 13,778 14,236 11,458
Trade receivables, net 335,900 375,752 342,920
Inventories, net 114,573 118,988 107,815
Other current assets 72,579 79,558 63,578
Total current assets 1,003,864 911,361 1,231,200
Property, plant and equipment, net (Note 7) 2,391,354 2,422,635 2,288,755
Real estate held for sale or investment 87,895 86,548 86,568
Goodwill, net 1,678,918 1,677,975 1,676,610
Intangible assets, net 300,034 302,535 299,347
Operating right-of-use assets 249,196 256,627 186,924
Other assets 51,788 40,756 39,332
Total assets 5,763,049 5,698,437 5,808,736
Liabilities      
Accounts payable and accrued liabilities (Note 7) 940,874 1,000,798 851,503
Income taxes payable 101,379 55,358 120,706
Long-term debt due within one year (Note 5) 590,382 57,153 68,470
Total current liabilities 1,632,635 1,113,309 1,040,679
Long-term debt, net (Note 5) 2,106,413 2,721,597 2,700,257
Operating lease liabilities 220,302 233,465 154,880
Other long-term liabilities 288,506 311,768 306,223
Deferred income taxes, net 279,258 279,815 284,665
Total liabilities 4,527,114 4,659,954 4,486,704
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 46,925,000 46,855,000 46,855,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,925, 46,855 and 46,855 shares issued, respectively $ 469 $ 469 $ 469
Additional paid-in capital 1,160,833 1,145,610 1,139,089
Accumulated other comprehensive loss (57,074) (67,288) (64,640)
Retained earnings $ 997,440 $ 780,431 $ 1,039,023
Treasury stock, shares 9,773,563 9,370,000 9,231,000
Treasury stock, at cost, 9,774, 9,370 and 9,231 shares, respectively (Note 11) $ (1,206,293) $ (1,135,685) $ (1,110,433)
Total Vail Resorts, Inc. stockholders’ equity 895,375 723,537 1,003,508
Noncontrolling interests 340,560 314,946 318,524
Total stockholders’ equity 1,235,935 1,038,483 1,322,032
Total liabilities and stockholders’ equity $ 5,763,049 $ 5,698,437 $ 5,808,736