v3.26.1
Net Income Per Common Share (Tables)
 9 Months Ended
Apr. 30, 2026
Earnings Per Share Reconciliation [Abstract]  
Summary of Calculation of Basic And Diluted EPS
Presented below is basic and diluted EPS for the three months ended April 30, 2026 and 2025 (in thousands, except per share amounts):
 Three Months Ended April 30,
 20262025
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$314,435 $314,435 $389,740 $389,740 
Weighted-average shares outstanding35,633 35,633 37,241 37,241 
Effect of dilutive securities— 53 — 36 
Total shares35,633 35,686 37,241 37,277 
Net income per share attributable to Vail Resorts$8.82 $8.81 $10.47 $10.46 
The Company computes the effect of dilutive securities using the treasury stock method and average market prices during the period. The number of shares issuable upon the exercise of share-based awards excluded from the calculation of diluted EPS because the effect of their inclusion would have been anti-dilutive totaled approximately 10,000 and 2,000 for the three months ended April 30, 2026 and 2025, respectively.
Presented below is basic and diluted EPS for the nine months ended April 30, 2026 and 2025 (in thousands, except per share amounts):
 Nine Months Ended April 30,
 20262025
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$337,690 $337,690 $460,861 $460,861 
Weighted-average shares outstanding35,765 35,765 37,365 37,365 
Effect of dilutive securities— 46 — 47 
Total shares35,765 35,811 37,365 37,412 
Net income per share attributable to Vail Resorts$9.44 $9.43 $12.33 $12.32 
The number of shares issuable upon the exercise of share-based awards excluded from the calculation of diluted EPS because the effect of their inclusion would have been anti-dilutive totaled approximately 10,000 and 21,000 for the nine months ended April 30, 2026 and 2025 respectively.