Long-Term Debt (Schedule Of Debt Instruments) (Details)
$ in Millions |
|
|
|
12 Months Ended |
|
|
|
|
|
|
|
|
Jan. 02, 2026
USD ($)
|
Jul. 02, 2025
USD ($)
|
May 29, 2013
USD ($)
|
Jul. 31, 2026
USD ($)
|
Jul. 31, 2025
USD ($)
|
Jul. 31, 2024
USD ($)
|
Jul. 31, 2026
CAD ($)
|
Feb. 09, 2026
USD ($)
|
Dec. 26, 2025
USD ($)
|
Dec. 01, 2025
USD ($)
|
Jan. 27, 2025
USD ($)
|
Jul. 31, 2023 |
Aug. 03, 2022
USD ($)
|
| Debt Instrument, Unused Borrowing Capacity, Fee |
|
|
|
$ 0.0030
|
|
|
|
|
|
|
|
|
|
| Interest Rate Swap, Notional Amount |
|
|
|
|
$ 400,000,000.0
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
3,184,094,000
|
3,194,005,000
|
|
|
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net |
|
|
|
(2,274,000)
|
(269,000)
|
|
|
|
|
|
|
|
|
| Less: Current maturities |
|
|
|
83,908,000
|
599,509,000
|
|
|
|
|
|
|
|
|
| Long-term debt, net |
|
|
|
3,102,460,000
|
2,594,765,000
|
|
|
|
|
|
|
|
|
| Interest Expense, Debt |
|
|
|
205,600,000
|
171,600,000
|
$ 164,600,000
|
|
|
|
|
|
|
|
| Amortization of Financing Costs |
|
|
|
5,400,000
|
6,200,000
|
6,300,000
|
|
|
|
|
|
|
|
| Intercompany Foreign Currency Balance, Amount |
|
|
|
69,600,000
|
|
|
|
|
|
|
|
|
|
| Foreign currency gain (loss) on intercompany loans (Note 6) |
|
|
|
80,000
|
20,000
|
(4,140,000)
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year One |
|
|
|
82,596,000
|
|
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Two |
|
|
|
71,577,000
|
|
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Three |
|
|
|
71,414,000
|
|
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Four |
|
|
|
1,739,211,000
|
|
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, Year Five |
|
|
|
7,434,000
|
|
|
|
|
|
|
|
|
|
| Long-Term Debt, Maturity, after Year Five |
|
|
|
1,211,862,000
|
|
|
|
|
|
|
|
|
|
| Proceeds from Unsecured Notes Payable |
|
|
|
500,000,000.0
|
600,000,000.0
|
|
|
|
|
|
|
|
|
| Repayments of Notes Payable |
|
|
|
6,300,000
|
|
|
|
|
|
|
|
|
|
| Repurchases of 0.0% Convertible Notes |
|
|
|
525,000,000
|
48,000,000
|
$ 0
|
|
|
|
|
|
|
|
| Finance Lease, Liability, Payment, Due |
|
|
|
1,890,066,000
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Liability, Undiscounted Excess Amount |
|
|
|
1,443,434,000
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, before Accumulated Amortization |
|
|
|
$ 254,090,000
|
236,455,000
|
|
|
|
|
|
|
|
|
| Adjustments to Finance Lease Annual Payments |
|
|
|
including annual increases at the floor of 3%
|
|
|
|
|
|
|
|
|
|
| Credit Facility Revolver [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
$ 600,000,000.0
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 180,000,000.0
|
0
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2030
|
|
|
|
|
|
|
|
|
|
| Basis spread on LIBOR rate |
|
|
|
1.50%
|
|
|
|
|
|
|
|
|
|
| Term Loan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
5.18%
|
|
|
5.18%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 1,243,125,000
|
910,547,000
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2030
|
|
|
|
|
|
|
|
|
|
| Long-Term Line of Credit |
|
|
|
|
|
|
|
$ 1,275,000,000
|
|
|
|
|
|
| Delayed Draw Term Loans |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
|
|
|
|
|
|
|
$ 450,000,000.0
|
|
|
| Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
$ 275,000,000.0
|
|
|
|
|
| Line of Credit Facility, Increase (Decrease), Net |
|
$ 175,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
| 6.50% Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
$ 600,000,000.0
|
|
|
|
|
|
|
|
|
|
| 5.625% Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
$ 500,000,000.0
|
|
|
|
|
|
|
|
|
|
| Convertible Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2026
|
|
|
|
|
|
|
|
|
|
| Repayments of Debt |
$ 525,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
| Whistler Credit Agreement revolver [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Maximum Borrowing Capacity |
|
|
|
$ 300,000,000.0
|
|
|
$ 250.0
|
|
|
|
|
|
|
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
|
|
|
0.39%
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 0
|
0
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2030
|
|
|
|
|
|
|
|
|
|
| EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annual Interest Rate Increase Cap |
|
|
|
1.50%
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 114,162,000
|
114,162,000
|
|
|
|
|
|
|
|
|
| Employee Housing Bonds [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 52,575,000
|
52,575,000
|
|
|
|
|
|
|
|
|
| Reference for interest rate determination |
|
|
|
SOFR plus 0% to 0.20%
|
|
|
|
|
|
|
|
|
|
| Canyons Obligation [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 380,533,000
|
374,864,000
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2063
|
|
|
|
|
|
|
|
|
|
| Operating Lease, Right-of-Use Asset |
|
|
|
$ 66,800,000
|
74,300,000
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, Accumulated Amortization |
|
|
|
114,500,000
|
108,900,000
|
|
|
|
|
|
|
|
|
| Canyons Parking Garage |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 22,355,000
|
0
|
|
|
|
|
$ 22,200,000
|
|
|
|
| Fiscal year maturity |
|
|
|
2063
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Liability, Payment, Due |
|
|
|
$ 80,400,000
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Liability, Undiscounted Excess Amount |
|
|
|
58,200,000
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, before Accumulated Amortization |
|
|
|
22,800,000
|
|
|
|
|
|
|
|
|
|
| Operating Lease, Right-of-Use Asset |
|
|
|
22,300,000
|
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, Accumulated Amortization |
|
|
|
$ 500,000
|
|
|
|
|
|
|
|
|
|
| Lessee, Finance Lease, Term of Contract |
|
|
|
38 years
|
|
|
38 years
|
|
|
38 years
|
|
|
|
| NRP Loan |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
|
|
|
|
|
|
|
|
|
$ 40,000,000.0
|
| Whistler Employee Housing Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 26,600,000
|
27,400,000
|
|
|
|
|
|
|
|
|
| Operating Lease, Right-of-Use Asset |
|
|
|
22,500,000
|
24,200,000
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, Accumulated Amortization |
|
|
|
$ 5,200,000
|
3,800,000
|
|
|
|
|
|
|
|
|
| Lessee, Finance Lease, Term of Contract |
|
|
|
20 years
|
|
|
20 years
|
|
|
|
|
20 years
|
|
| Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 30,680,000
|
52,332,000
|
|
|
|
|
|
|
|
|
| Alpine Valley Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
12.26%
|
|
|
12.26%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 4,600,000
|
|
|
|
|
|
|
|
|
|
| Boston Mills Brandywine Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
11.75%
|
|
|
11.75%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 23,300,000
|
|
|
|
|
|
|
|
|
|
| Jack Frost Big Boulder Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
11.75%
|
|
|
11.75%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 14,300,000
|
|
|
|
|
|
|
|
|
|
| Mount Snow Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
12.88%
|
|
|
12.88%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 51,100,000
|
|
|
|
|
|
|
|
|
|
| Hunter Mountain Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
9.52%
|
|
|
9.52%
|
|
|
|
|
|
|
| Annual Interest Rate Increase Cap |
|
|
|
1.75%
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 21,000,000.0
|
|
|
|
|
|
|
|
|
|
| Letter of Credit |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of Credit Facility, Increase (Decrease), Net |
|
|
|
100,000,000.0
|
|
|
|
|
|
|
|
|
|
| Northstar Resort Finance Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
11,400,000
|
12,100,000
|
|
|
|
|
|
|
|
|
| Operating Lease, Right-of-Use Asset |
|
|
|
11,000,000.0
|
12,000,000.0
|
|
|
|
|
|
|
|
|
| Finance Lease, Right-of-Use Asset, Accumulated Amortization |
|
|
|
$ 2,200,000
|
1,100,000
|
|
|
|
|
|
|
|
|
| Lessee, Finance Lease, Remaining Lease Term |
|
|
|
10 years
|
|
|
10 years
|
|
|
|
|
|
|
| 6.50% Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
6.50%
|
|
|
6.50%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 600,000,000
|
600,000,000
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2032
|
|
|
|
|
|
|
|
|
|
| 5.625% Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
5.625%
|
|
|
5.625%
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 500,000,000
|
500,000,000
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2030
|
|
|
|
|
|
|
|
|
|
| Convertible Notes Payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 0
|
525,000,000
|
|
|
|
|
|
|
|
|
| EPR Secured Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
10.00%
|
|
|
|
|
|
|
|
|
|
| Hunter Mountain Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
8.00%
|
|
|
|
|
|
|
|
|
|
| Mount Snow Secured Note [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| EPR Additional Interest Rate |
|
|
|
12.00%
|
|
|
|
|
|
|
|
|
|
| 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
|
|
|
|
|
|
|
|
|
|
| Andermatt-Sedrun |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
$ 34,025,000
|
37,109,000
|
|
|
|
|
|
|
|
|
| Whistler Employee Housing Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-term Debt |
|
|
|
26,639,000
|
$ 27,416,000
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
3.95%
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2037
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
3.75%
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | Andermatt-Sedrun |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2036
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | Whistler Employee Housing Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2042
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal year maturity |
|
|
|
2026
|
|
|
|
|
|
|
|
|
|
| NRP Loan |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Finance Lease Obligation, Interest Rate |
|
|
|
0.63%
|
|
|
0.63%
|
|
|
|
|
|
|
| Canyons [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Business Combination, 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%
|
|
|
|
|
|
|
|
|
|
|
| Finance Lease Obligation, Interest Rate |
|
|
|
10.00%
|
|
|
10.00%
|
|
|
|
|
|
|
| Accretion Expense |
|
|
|
$ 75,200,000
|
|
|
|
|
|
|
|
|
|
| Whistler Employee Housing Leases |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Finance Lease Obligation, Interest Rate |
|
|
|
695.00%
|
|
|
695.00%
|
|
|
|
|
|
|