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Pay vs Performance Disclosure - USD ($)
3 Months Ended 9 Months Ended 10 Months Ended 12 Months Ended
Nov. 01, 2021
Jul. 31, 2022
May 22, 2025
Jul. 31, 2025
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2021
Pay vs Performance Disclosure                
Pay vs Performance Disclosure, Table      
PAY VERSUS PERFORMANCE
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Item 402(v) of Regulation S-K, we are providing the following disclosure regarding the relationship between executive compensation actually paid (as defined by SEC rules) for each person serving as our principal executive officer ("PEO") and our other NEOs on an average basis ("Non-PEO NEOs") and certain Company financial performance metrics for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, please see "Compensation Discussion and Analysis" beginning on page 37.
Value of Initial Fixed $100 Investment based on:(4)
Year
Summary Compensation Table Total for Robert A. Katz
($)(1)
Summary Compensation Table Total for Kirsten A. Lynch
($)(1)
Compensation Actually Paid to Robert A. Katz
($)(1),(2),(3)
Compensation Actually Paid to Kirsten A. Lynch
($)(1),(2),(3)
Average Summary Compensation Table Total for Non-PEO NEOs
($)(1)
Average Compensation Actually Paid to Non-PEO NEOs
($)(1),(2),(3)
TSR
($)
Peer Group TSR
($)
Net Income
($ in millions)
Resort Reported EBITDA
($ in millions)(5)
(a)(b)(c)(d)(e)(f)(g)(h)(i)(j)(k)
20253,952,230 9,496,826 3,144,846 6,878,406 2,117,163 1,556,617 90.74208.75298.0844.1
2024— 6,288,586 — 1,736,532 1,835,292 516,440 104.32163.63246.3825.1
2023— 6,195,302 — 7,161,467 1,648,434 1,079,735 129.51157.45285.1834.8
20222,022,454 6,609,628 1,866,128 4,684,527 2,275,391 1,588,826 126.04119.65368.3836.9
20213,814,789 — 8,379,431 — 2,116,605 4,304,689 158.93146.93124.5544.7
(1)Robert A. Katz was our PEO from August 1, 2020 to November 1, 2021 and from May 22, 2025 through the end of fiscal 2025. Kirsten A. Lynch was our PEO from November 1, 2021 to May 22, 2025. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2021
2022
2023
20242025
Michael Z. BarkinMichael Z. BarkinMichael Z. BarkinRobert A. KatzJulie A. DeCecco
Patricia A. Campbell
Ryan Bennett
Ryan Bennett
Angela A. KorchAngela A. Korch
Kirsten A. Lynch
David T. Shapiro
Robert A. Katz
William C. RockLynanne Kunkel
James C. O'Donnell
James C. O'Donnell
Angela A. Korch
David T. ShapiroWilliam C. Rock
David T. Shapiro
James C. O'Donnell


David T. Shapiro
(2)The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made.
YearSummary Compensation Table Total for Robert A. Katz
($)
Exclusion of Stock Awards and Option Awards for Robert A. Katz
($)
Inclusion of Adjusted Equity Values for Robert A. Katz
($)
Total Compensation Actually Paid to Robert A. Katz
($)
20253,952,230 (2,811,386)2,004,002 3,144,846 
YearSummary Compensation Table Total for Kirsten A. Lynch
($)
Exclusion of Stock Awards and Option Awards for Kirsten A. Lynch
($)
Inclusion of Equity Values for Kirsten A. Lynch
($)
Total Compensation Actually Paid to Kirsten A. Lynch
($)
20259,496,826 (5,060,494)2,442,074 6,878,406 
YearAverage Summary Compensation Table
Total for Non-PEO NEOs
($)
Average Exclusion of Stock Awards and Option Awards for Non-PEO NEOs
($)
Average Inclusion of Equity Values for Non-PEO NEOs
($)
 Average Compensation Actually Paid to
Non-PEO NEOs
($)
20252,117,163 (1,151,490)590,944 1,556,617 
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:
YearYear-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Robert A. Katz
($)
Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Robert A. Katz
($)
Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Robert A. Katz ($)Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Robert A. Katz
($)
Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Robert A. Katz
($)
Total - Inclusion of Adjusted Equity Values for Robert A. Katz
($)
20252,213,963 (205,024)— (4,937)— 2,004,002 
YearYear-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Kirsten A. Lynch
($)
Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Kirsten A. Lynch
($)
Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Kirsten A. Lynch
($)
Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Kirsten A. Lynch
($)
Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Kirsten A. Lynch
($)
Total - Inclusion of Adjusted Equity Values for Kirsten A. Lynch
($)
2025— — 3,370,094 (928,020)— 2,442,074 
YearAverage Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs
($)
Average Vesting-Date Fair Value of Equity Awards
Granted During Year that Vested
During Year for
Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs
($)
Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs
($)
Total - Average Inclusion of Adjusted Equity Values for Non-PEO NEOs
($)
2025774,527 (175,301)— (8,282)— 590,944 
(4)The Peer Group Total Shareholder Return ("TSR") set forth in this table utilizes the Dow Jones U.S. Travel & Leisure Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended July 31, 2025. The comparison assumes $100 was invested for the period starting July 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Travel and Leisure Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
(5)We determined Resort Reported EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in 2025. Resort Reported EBITDA is a non-GAAP financial measure, calculated
as earnings before interest, taxes, depreciation, and amortization, as reported for our Mountain and Lodging segments combined. For a reconciliation of the differences between Resort Reported EBITDA and the most directly comparable GAAP financial measure, see Appendix A of this proxy statement. This performance measure may not have been the most important financial performance measure in prior years and we may determine a different financial performance measure to be the most important financial performance measure in future years.
       
Company Selected Measure Name       Resort Reported EBITDA        
Named Executive Officers, Footnote       Robert A. Katz was our PEO from August 1, 2020 to November 1, 2021 and from May 22, 2025 through the end of fiscal 2025. Kirsten A. Lynch was our PEO from November 1, 2021 to May 22, 2025. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2021
2022
2023
20242025
Michael Z. BarkinMichael Z. BarkinMichael Z. BarkinRobert A. KatzJulie A. DeCecco
Patricia A. Campbell
Ryan Bennett
Ryan Bennett
Angela A. KorchAngela A. Korch
Kirsten A. Lynch
David T. Shapiro
Robert A. Katz
William C. RockLynanne Kunkel
James C. O'Donnell
James C. O'Donnell
Angela A. Korch
David T. ShapiroWilliam C. Rock
David T. Shapiro
James C. O'Donnell


David T. Shapiro
       
Peer Group Issuers, Footnote       The Peer Group Total Shareholder Return ("TSR") set forth in this table utilizes the Dow Jones U.S. Travel & Leisure Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended July 31, 2025. The comparison assumes $100 was invested for the period starting July 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Travel and Leisure Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.        
Adjustment To PEO Compensation, Footnote       Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made.
YearSummary Compensation Table Total for Robert A. Katz
($)
Exclusion of Stock Awards and Option Awards for Robert A. Katz
($)
Inclusion of Adjusted Equity Values for Robert A. Katz
($)
Total Compensation Actually Paid to Robert A. Katz
($)
20253,952,230 (2,811,386)2,004,002 3,144,846 
YearSummary Compensation Table Total for Kirsten A. Lynch
($)
Exclusion of Stock Awards and Option Awards for Kirsten A. Lynch
($)
Inclusion of Equity Values for Kirsten A. Lynch
($)
Total Compensation Actually Paid to Kirsten A. Lynch
($)
20259,496,826 (5,060,494)2,442,074 6,878,406 
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:
YearYear-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Robert A. Katz
($)
Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Robert A. Katz
($)
Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Robert A. Katz ($)Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Robert A. Katz
($)
Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Robert A. Katz
($)
Total - Inclusion of Adjusted Equity Values for Robert A. Katz
($)
20252,213,963 (205,024)— (4,937)— 2,004,002 
YearYear-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Kirsten A. Lynch
($)
Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Kirsten A. Lynch
($)
Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Kirsten A. Lynch
($)
Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Kirsten A. Lynch
($)
Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Kirsten A. Lynch
($)
Total - Inclusion of Adjusted Equity Values for Kirsten A. Lynch
($)
2025— — 3,370,094 (928,020)— 2,442,074 
       
Non-PEO NEO Average Total Compensation Amount       $ 2,117,163 $ 1,835,292 $ 1,648,434 $ 2,275,391 $ 2,116,605
Non-PEO NEO Average Compensation Actually Paid Amount       $ 1,556,617 516,440 1,079,735 1,588,826 4,304,689
Adjustment to Non-PEO NEO Compensation Footnote       Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made
YearAverage Summary Compensation Table
Total for Non-PEO NEOs
($)
Average Exclusion of Stock Awards and Option Awards for Non-PEO NEOs
($)
Average Inclusion of Equity Values for Non-PEO NEOs
($)
 Average Compensation Actually Paid to
Non-PEO NEOs
($)
20252,117,163 (1,151,490)590,944 1,556,617 
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:
YearAverage Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs
($)
Average Vesting-Date Fair Value of Equity Awards
Granted During Year that Vested
During Year for
Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs
($)
Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs
($)
Total - Average Inclusion of Adjusted Equity Values for Non-PEO NEOs
($)
2025774,527 (175,301)— (8,282)— 590,944 
       
Compensation Actually Paid vs. Total Shareholder Return      
Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Company TSR
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Dow Jones U.S. Travel & Leisure Index.
PvP1.jpg
       
Compensation Actually Paid vs. Net Income      
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the five most recently completed fiscal years.
PvP2.jpg
       
Compensation Actually Paid vs. Company Selected Measure      
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Resort Reported EBITDA
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Resort Reported EBITDA during the five most recently completed fiscal years.
PvP3.jpg
       
Total Shareholder Return Vs Peer Group      
Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Company TSR
The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Dow Jones U.S. Travel & Leisure Index.
PvP1.jpg
       
Tabular List, Table      
Tabular List of Most Important Financial Performance Measures
Resort Reported EBITDA was the only financial performance measure that the Company used to link Compensation Actually Paid to our PEO and Non-PEO NEOs for 2025 to Company Performance.
       
Total Shareholder Return Amount       $ 90.74 104.32 129.51 126.04 158.93
Peer Group Total Shareholder Return Amount       208.75 163.63 157.45 119.65 146.93
Net Income (Loss)       $ 298,000,000.0 $ 246,300,000 $ 285,100,000 $ 368,300,000 $ 124,500,000
Company Selected Measure Amount       844,100,000 825,100,000 834,800,000 836,900,000 544,700,000
PEO Name Robert A. Katz Kirsten A. Lynch Kirsten A. Lynch Kirsten A. Lynch Kirsten A. Lynch   Robert A. Katz  
Measure:: 1                
Pay vs Performance Disclosure                
Name       Resort Reported EBITDA        
Non-GAAP Measure Description       We determined Resort Reported EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in 2025. Resort Reported EBITDA is a non-GAAP financial measure, calculated
as earnings before interest, taxes, depreciation, and amortization, as reported for our Mountain and Lodging segments combined. For a reconciliation of the differences between Resort Reported EBITDA and the most directly comparable GAAP financial measure, see Appendix A of this proxy statement. This performance measure may not have been the most important financial performance measure in prior years and we may determine a different financial performance measure to be the most important financial performance measure in future years.
       
Robert A Katz [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount       $ 3,952,230 $ 0 $ 0 $ 2,022,454 $ 3,814,789
PEO Actually Paid Compensation Amount       3,144,846 0 0 1,866,128 8,379,431
Kirsten A Lynch [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount       9,496,826 6,288,586 6,195,302 6,609,628 0
PEO Actually Paid Compensation Amount       6,878,406 $ 1,736,532 $ 7,161,467 $ 4,684,527 $ 0
PEO | Robert A Katz [Member] | Equity Awards Adjustments                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       2,004,002        
PEO | Robert A Katz [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       2,213,963        
PEO | Robert A Katz [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (205,024)        
PEO | Robert A Katz [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Robert A Katz [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (4,937)        
PEO | Robert A Katz [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Robert A Katz [Member] | Stock Awards And Option Awards [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (2,811,386)        
PEO | Kirsten A Lynch [Member] | Equity Awards Adjustments                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       2,442,074        
PEO | Kirsten A Lynch [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Kirsten A Lynch [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Kirsten A Lynch [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       3,370,094        
PEO | Kirsten A Lynch [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (928,020)        
PEO | Kirsten A Lynch [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Kirsten A Lynch [Member] | Stock Awards And Option Awards [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (5,060,494)        
Non-PEO NEO | Equity Awards Adjustments                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       590,944        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       774,527        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (175,301)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (8,282)        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
Non-PEO NEO | Stock Awards And Option Awards [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       $ (1,151,490)