v3.22.2.2
Consolidated Statements Of Operations - USD ($)
12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2020
Net revenue:      
Mountain and Lodging services and other $ 2,116,547,000 $ 1,650,055,000 $ 1,578,463,000
Mountain and Lodging retail and dining 408,657,000 257,885,000 380,394,000
Resort net revenue 2,525,204,000 1,907,940,000 1,958,857,000
Real Estate 708,000 1,770,000 4,847,000
Total net revenue 2,525,912,000 1,909,710,000 1,963,704,000
Total segment operating expense      
Mountain and Lodging operating expense 1,180,963,000 960,453,000 1,019,437,000
Mountain and Lodging retail and dining cost of products sold 162,414,000 112,536,000 159,066,000
General and administrative 347,493,000 296,993,000 278,695,000
Resort operating expense 1,690,870,000 1,369,982,000 1,457,198,000
Real Estate 5,911,000 6,676,000 9,182,000
Total segment operating expense 1,696,781,000 1,376,658,000 1,466,380,000
Other operating (expense) income:      
Depreciation and amortization (252,391,000) (252,585,000) (249,572,000)
Gain on sale of real property 1,276,000 324,000 207,000
Asset impairments (Note 2) 0 0 (28,372,000)
Change in estimated fair value of contingent consideration (Note 9) (20,280,000) (14,402,000) 2,964,000
Gain (loss) on disposal of fixed assets and other, net 43,992,000 (5,373,000) 838,000
Income from operations 601,728,000 261,016,000 223,389,000
Mountain equity investment income, net 2,580,000 6,698,000 1,690,000
Investment income and other, net 3,718,000 586,000 1,305,000
Foreign currency (loss) gain on intercompany loans (Note 6) (2,682,000) 8,282,000 (3,230,000)
Interest expense, net (148,183,000) (151,399,000) (106,721,000)
Income before provision for income taxes 457,161,000 125,183,000 116,433,000
Provision for income taxes (Note 10) (88,824,000) (726,000) (7,378,000)
Net income 368,337,000 124,457,000 109,055,000
Net (income) loss attributable to noncontrolling interests (20,414,000) 3,393,000 (10,222,000)
Net income attributable to Vail Resorts, Inc. $ 347,923,000 $ 127,850,000 $ 98,833,000
Per share amounts (Note 5):      
Basic net income per share attributable to Vail Resorts, Inc. $ 8.60 $ 3.17 $ 2.45
Diluted net income per share attributable to Vail Resorts, Inc. 8.55 3.13 2.42
Cash dividends declared per share $ 5.58 $ 0 $ 5.28