XML 40 R28.htm IDEA: XBRL DOCUMENT v3.25.1

Segment Information (Tables)

9 Months Ended

Apr. 30, 2025

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 April 30,												Nine Months Ended April 30,
			2025						2024						2025						2024
Net revenue:
Mountain			$	1,212,549					$	1,196,058					$	2,448,939					$	2,368,494
Lodging			82,894						87,055						243,770						246,693
Total Resort net revenue			1,295,443						1,283,113						2,692,709						2,615,187
Real Estate			115						169						349						4,618
Total net revenue			$	1,295,558					$	1,283,282					$	2,693,058					$	2,619,805
Segment operating expense:
Mountain			$	577,778					$	558,564					$	1,503,510					$	1,450,465
Lodging			70,600						71,271						225,072						226,439
Total Resort operating expense			648,378						629,835						1,728,582						1,676,904
Real Estate			1,662						1,258						4,911						8,115
Total segment operating expense			$	650,040					$	631,093					$	1,733,493					$	1,685,019
Gain on sale of real property			$	7,898					$	—					$	24,404					$	6,285
Mountain equity investment income, net			$	666					$	1,093					$	3,562					$	1,373
Reported EBITDA:
Mountain			$	635,437					$	638,587					$	948,991					$	919,402
Lodging			12,294						15,784						18,698						20,254
Resort			647,731						654,371						967,689						939,656
Real Estate			6,351						(1,089)						19,842						2,788
Total Reported EBITDA			$	654,082					$	653,282					$	987,531					$	942,444
Real estate held for sale or investment			$	87,895					$	86,568					$	87,895					$	86,568
Reconciliation from net income attributable to Vail Resorts, Inc. to Total Reported EBITDA:
Net income attributable to Vail Resorts, Inc.			$	392,752					$	361,995					$	465,464					$	405,782
Net income attributable to noncontrolling interests			21,576						19,388						25,419						22,359
Net income			414,328						381,383						490,883						428,141
Provision for income taxes			131,042						129,280						159,124						151,606
Income before provision for income taxes			545,370						510,663						650,007						579,747
Depreciation and amortization			74,618						68,486						219,358						204,613
Change in estimated fair value of contingent consideration			1,900						36,500						4,079						42,957
(Gain) loss on disposal of fixed assets and other, net			(4,267)						571						(3,031)						3,372
Investment income and other, net			(3,154)						(5,096)						(8,668)						(13,643)
Foreign currency (gain) loss on intercompany loans			(1,702)						2,305						(53)						4,230
Interest expense, net			41,317						39,853						125,839						121,168
Total Reported EBITDA			$	654,082					$	653,282					$	987,531					$	942,444

X

- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration