Long-Term Debt (Schedule Of Debt Instruments) (Details)
$ / shares in Units, SFr in Millions, $ in Millions |
|
|
|
12 Months Ended |
|
|
|
|
|
Aug. 03, 2022
USD ($)
|
Aug. 03, 2022
CHF (SFr)
|
Sep. 24, 2019
USD ($)
$ / shares
|
May 29, 2013
USD ($)
|
Jul. 31, 2022
USD ($)
d
$ / shares
|
Jul. 31, 2021
USD ($)
|
Jul. 31, 2020
USD ($)
|
Jul. 31, 2022
CAD ($)
|
Dec. 18, 2020
USD ($)
$ / shares
|
Dec. 27, 2016
USD ($)
|
Nov. 01, 2016
USD ($)
|
| Long-Term Debt, Maturity, Year One |
|
|
|
|
$ 69,890,000
|
|
|
|
|
|
|
| Long-term Line of Credit |
|
|
|
|
1,100,000,000
|
|
|
|
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
$ 575,000,000
|
|
|
| Debt Instrument, Unused Borrowing Capacity, Fee |
|
|
|
|
0.0025
|
|
|
|
|
|
|
| Interest Rate Swap, Notional Amount |
|
|
|
|
400,000,000
|
$ 400,000,000
|
$ 400,000,000
|
|
|
|
|
| Long-term Debt |
|
|
|
|
2,807,046,000
|
2,948,514,000
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net |
|
|
|
|
72,997,000
|
98,222,000
|
|
|
|
|
|
| Less: Current maturities |
|
|
|
|
63,749,000
|
114,117,000
|
|
|
|
|
|
| Long-term debt, net |
|
|
|
|
2,670,300,000
|
2,736,175,000
|
|
|
|
|
|
| Interest Expense, Debt |
|
|
|
|
148,200,000
|
151,400,000
|
106,700,000
|
|
|
|
|
| Amortization of Financing Costs |
|
|
|
|
5,900,000
|
4,900,000
|
1,900,000
|
|
|
|
|
| Intercompany Foreign Currency Balance, Amount |
|
|
|
|
97,200,000
|
|
|
|
|
|
$ 210,000,000
|
| Foreign currency (loss) gain on intercompany loans (Note 6) |
|
|
|
|
(2,682,000)
|
$ 8,282,000
|
$ (3,230,000)
|
|
|
|
|
| Long-Term Debt, Maturity, Year Two |
|
|
|
|
63,813,000
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Three |
|
|
|
|
1,553,883,000
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Four |
|
|
|
|
575,415,000
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Five |
|
|
|
|
22,755,000
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, after Year Five |
|
|
|
|
521,290,000
|
|
|
|
|
|
|
| Convertible Debt Partial Redemption Minimum Remaining Balance |
|
|
|
|
50,000,000
|
|
|
|
|
|
|
| Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature |
|
|
|
|
27,500,000
|
|
|
|
|
|
|
| Derivative, Fixed Interest Rate |
|
|
|
|
|
1.46%
|
|
|
|
|
|
| Proceeds from Unsecured Notes Payable |
|
|
|
|
|
$ 600,000,000
|
|
|
|
|
|
| Sale Leaseback Transaction, Historical Cost |
|
|
|
|
12,800,000
|
|
|
|
|
|
|
| Credit Facility Revolver [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
|
500,000,000
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 0
|
0
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2024
|
|
|
|
|
|
|
| Basis spread on LIBOR rate |
|
|
|
|
1.25%
|
|
|
|
|
|
|
| Whistler Credit Agreement revolver [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
|
|
|
|
$ 300.0
|
|
|
|
| Long-term Debt, Description |
|
|
|
|
Borrowings under the Whistler Credit Agreement are available in Canadian or U.S. dollars and bear interest annually, subject to an applicable margin based on the WB Partnerships’ Consolidated Total Leverage Ratio (as defined in the Whistler Credit Agreement), with pricing as of July 31, 2022, in the case of borrowings (i) in Canadian dollars, at the WB Partnerships’ option, either (a) at the Canadian Prime Rate plus 0.75% per annum or (b) by way of the issuance of bankers’ acceptances plus 1.75% per annum; and (ii) in U.S. dollars, at the WB Partnerships option, either at (a) the U.S. Base Rate plus 0.75% per annum or (b) Bankers Acceptance Rate plus 1.75% per annum
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
4.70%
|
|
|
4.70%
|
|
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
|
|
|
|
0.39%
|
|
|
|
|
|
|
| Line of Credit Facility, Initiation Date |
|
|
|
|
Nov. 12, 2013
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 11,717,000
|
44,891,000
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2026
|
|
|
|
|
|
|
| EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Annual Interest Rate Increase Cap |
|
|
|
|
1.50%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 114,162,000
|
114,162,000
|
|
|
|
|
|
| EB-5 Development Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
|
$ 52,000,000
|
|
| Long-term Debt |
|
|
|
|
0
|
51,500,000
|
|
|
|
|
|
| Term Loan [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Periodic Payment |
|
|
|
|
$ 15,600,000
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
3.62%
|
|
|
3.62%
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 1,078,125,000
|
1,140,625,000
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2024
|
|
|
|
|
|
|
| Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 52,575,000
|
52,575,000
|
|
|
|
|
|
| Reference for interest rate determination |
|
|
|
|
LIBOR plus 0% to 0.10%
|
|
|
|
|
|
|
| Canyons Obligation [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 357,607,000
|
351,820,000
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2063
|
|
|
|
|
|
|
| Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 17,860,000
|
$ 17,941,000
|
|
|
|
|
|
| Alpine Valley Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
11.55%
|
|
|
11.55%
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 4,600,000
|
|
|
|
|
|
|
| Boston Mills Brandywine Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
11.07%
|
|
|
11.07%
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 23,300,000
|
|
|
|
|
|
|
| Jack Frost Big Boulder Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
11.07%
|
|
|
11.07%
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 14,300,000
|
|
|
|
|
|
|
| Mount Snow Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
12.14%
|
|
|
12.14%
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 51,100,000
|
|
|
|
|
|
|
| Hunter Mountain Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
8.88%
|
|
|
8.88%
|
|
|
|
| Annual Interest Rate Increase Cap |
|
|
|
|
1.75%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 21,000,000
|
|
|
|
|
|
|
| Convertible Debt |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2026
|
|
|
|
|
|
|
| EB-5 Development Notes1 [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
|
30,000,000
|
|
| EB-5 Development Notes2 [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
|
$ 22,000,000
|
|
| Hunter Mountain Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
|
8.00%
|
|
|
|
|
|
|
| Mount Snow Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
|
12.00%
|
|
|
|
|
|
|
| 6.25% Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
|
6.25%
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 600,000,000
|
$ 600,000,000
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2025
|
|
|
|
|
|
|
| EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
|
10.00%
|
|
|
|
|
|
|
| Debt Service Reserve |
|
|
|
|
$ 5,300,000
|
|
|
|
|
|
|
| Colorado Water Conservation Board Note Outstanding [Member] | Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term debt, maturity date |
|
|
|
|
Sep. 16, 2028
|
|
|
|
|
|
|
| Long-term debt, outstanding amount |
|
|
|
|
$ 2,900,000
|
|
|
|
|
|
|
| Breckenridge Terrace [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 19,980,000
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2039
|
|
|
|
|
|
|
| Tarnes [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 10,410,000
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2039
|
|
|
|
|
|
|
| BC Housing [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 10,600,000
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2027
|
|
|
|
|
|
|
| Tenderfoot [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 11,585,000
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2035
|
|
|
|
|
|
|
| EB-5 Development Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2021
|
|
|
|
|
|
|
| Convertible Notes Payable |
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
$ 575,000,000
|
|
|
| Long-term Debt |
|
|
|
|
$ 575,000,000
|
575,000,000
|
|
|
|
|
|
| Debt Instrument, Convertible, Conversion Price | $ / shares |
|
|
|
|
$ 398.67
|
|
|
|
$ 407.17
|
|
|
| Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger |
|
|
|
|
130.00%
|
|
|
|
|
|
|
| Debt Instrument, Convertible, Threshold Trading Days | d |
|
|
|
|
20
|
|
|
|
|
|
|
| Debt Instrument, Convertible, Threshold Consecutive Trading Days | d |
|
|
|
|
30
|
|
|
|
|
|
|
| Long-term Debt, Fair Value |
|
|
|
|
$ 465,300,000
|
|
|
|
|
|
|
| Debt Instrument, Convertible, Carrying Amount of Equity Component |
|
|
|
|
109,700,000
|
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount (Premium), Net |
|
|
|
|
76,700,000
|
|
|
|
|
|
|
| Debt Issuance Costs, Net |
|
|
|
|
$ 14,900,000
|
|
|
|
|
|
|
| Debt Instrument Convertible Threshold Percentage of Stock Price Trigger 1 |
|
|
|
|
9800.00%
|
|
|
|
|
|
|
| Debt Instrument, Convertible | d |
|
|
|
|
10
|
|
|
|
|
|
|
| Tranche A [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 37,780,000
|
|
|
|
|
|
|
| Tranche A [Member] | Breckenridge Terrace [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
14,980,000
|
|
|
|
|
|
|
| Tranche A [Member] | Tarnes [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
8,000,000
|
|
|
|
|
|
|
| Tranche A [Member] | BC Housing [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
9,100,000
|
|
|
|
|
|
|
| Tranche A [Member] | Tenderfoot [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
5,700,000
|
|
|
|
|
|
|
| Tranche B [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
14,795,000
|
|
|
|
|
|
|
| Tranche B [Member] | Breckenridge Terrace [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
5,000,000
|
|
|
|
|
|
|
| Tranche B [Member] | Tarnes [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
2,410,000
|
|
|
|
|
|
|
| Tranche B [Member] | BC Housing [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
1,500,000
|
|
|
|
|
|
|
| Tranche B [Member] | Tenderfoot [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
$ 5,885,000
|
|
|
|
|
|
|
| Maximum [Member] | EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2036
|
|
|
|
|
|
|
| Maximum [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2039
|
|
|
|
|
|
|
| Long term debt interest rate |
|
|
|
|
0.0245%
|
|
|
|
|
|
|
| Maximum [Member] | Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2034
|
|
|
|
|
|
|
| Long term debt interest rate |
|
|
|
|
5.50%
|
|
|
|
|
|
|
| Minimum [Member] | EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2034
|
|
|
|
|
|
|
| Minimum [Member] | Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2027
|
|
|
|
|
|
|
| Long term debt interest rate |
|
|
|
|
0.0235%
|
|
|
|
|
|
|
| Minimum [Member] | Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
|
2022
|
|
|
|
|
|
|
| Long term debt interest rate |
|
|
|
|
5.10%
|
|
|
|
|
|
|
| Peak Resorts, Inc. [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Business Acquisition, Share Price | $ / shares |
|
|
$ 11.00
|
|
|
|
|
|
|
|
|
| Business Combination, Cash Consideration Transferred |
|
|
$ 264,500,000
|
|
|
|
|
|
|
|
|
| Business Combination, Consideration Transferred, Other |
|
|
70,200,000
|
|
|
|
|
|
|
|
|
| Business Combination, Consideration Transferred |
|
|
334,700,000
|
|
|
|
|
|
|
|
|
| Proceeds from (Repayments of) Debt |
|
|
$ 335,600,000
|
|
|
|
|
|
|
|
|
| Indefinite-lived Intangible Assets Acquired |
|
|
|
|
|
15,800,000
|
|
|
|
|
|
| Indefinite Lived Property Management Contracts |
|
|
|
|
|
$ 3,100,000
|
|
|
|
|
|
| Canyons [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Business Acquisition, Effective Date of Acquisition |
|
|
|
May 24, 2013
|
|
|
|
|
|
|
|
| Initial Capital Lease Term |
|
|
|
50 years
|
|
|
|
|
|
|
|
| Optional Lease Renewal Term |
|
|
|
six 50-year renewal options
|
|
|
|
|
|
|
|
| Minimum Capital Lease Payment, Annual |
|
|
|
$ 25,000,000
|
|
|
|
|
|
|
|
| Adjustments to Capital Lease Annual Payments |
|
|
|
inflation-linked index of CPI less 1% per annum, with a floor of 2%
|
|
|
|
|
|
|
|
| Talisker Canyons Obligation, Interest Rate |
|
|
|
|
10.00%
|
|
|
10.00%
|
|
|
|
| Accretion Expense |
|
|
|
|
$ 52,300,000
|
|
|
|
|
|
|
| Forecast [Member] |
|
|
|
|
|
|
|
|
|
|
|
| Business Combination, Consideration Transferred |
$ 155,700,000
|
SFr 149.3
|
|
|
|
|
|
|
|
|
|