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Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2025
Apr. 30, 2024
Net revenue:        
Mountain and Lodging services and other $ 1,115,031 $ 1,098,619 $ 2,259,172 $ 2,186,506
Mountain and Lodging retail and dining 180,412 184,494 433,537 428,681
Resort net revenue 1,295,443 1,283,113 2,692,709 2,615,187
Real Estate Revenue 115 169 349 4,618
Revenues 1,295,558 1,283,282 2,693,058 2,619,805
Operating expense (exclusive of depreciation and amortization shown separately below):        
Mountain and Lodging operating expense 483,161 471,182 1,245,010 1,200,928
Mountain and Lodging retail and dining cost of products sold 59,206 64,439 156,164 161,023
General and administrative 106,011 94,214 327,408 314,953
Resort operating expense 648,378 629,835 1,728,582 1,676,904
Real Estate operating expense 1,662 1,258 4,911 8,115
Total segment operating expense 650,040 631,093 1,733,493 1,685,019
Other operating (expense) income:        
Depreciation and amortization (74,618) (68,486) (219,358) (204,613)
Gain on sale of real property 7,898 0 24,404 6,285
Change in estimated fair value of contingent consideration (Note 8) (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)
Income from operations 581,165 546,632 763,563 690,129
Mountain equity investment income, net 666 1,093 3,562 1,373
Investment income and other, net 3,154 5,096 8,668 13,643
Foreign currency gain (loss) on intercompany loans (Note 5) 1,702 (2,305) 53 (4,230)
Interest expense, net (41,317) (39,853) (125,839) (121,168)
Income before provision for income taxes 545,370 510,663 650,007 579,747
Provision for income taxes (131,042) (129,280) (159,124) (151,606)
Net income 414,328 381,383 490,883 428,141
Net income attributable to noncontrolling interests (21,576) (19,388) (25,419) (22,359)
Net income attributable to Vail Resorts, Inc. $ 392,752 $ 361,995 $ 465,464 $ 405,782
Per share amounts (Note 4):        
Basic net income per share attributable to Vail Resorts, Inc. $ 10.55 $ 9.57 $ 12.46 $ 10.69
Diluted net income per share attributable to Vail Resorts, Inc. 10.54 9.54 12.44 10.66
Cash dividends declared per share $ 2.22 $ 2.22 $ 6.66 $ 6.34