Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jul. 31, 2012	Jul. 31, 2011
Assets
Cash and cash equivalents	$ 46,053	$ 70,143
Restricted cash	14,284	12,438
Trade receivables, net of allowances of $4,553 and $3,423, respectively	65,743	58,529
Inventories, net of reserves of $1,864 and $1,552, respectively	65,873	54,007
Deferred income taxes (Note 11)	24,458	29,167
Other current assets	15,959	21,340
Total current assets	232,370	245,624
Property, plant and equipment, net (Note 6)	1,049,207	1,021,736
Real estate held for sale and investment	237,668	273,663
Deferred charges and other assets	41,659	41,036
Notes receivable	4,871	5,021
Goodwill, net (Note 6)	269,769	268,058
Intangible assets, net (Note 6)	92,070	91,098
Total assets	1,927,614	1,946,236
Liabilities and Stockholders' Equity
Accounts payable and accrued liabilities (Note 6)	227,538	221,359
Income taxes payable	20,721	20,778
Long-term debt due within one year (Note 4)	990	1,045
Total current liabilities	249,249	243,182
Long-term debt (Note 4)	489,775	490,698
Other long-term liabilities (Note 6)	232,869	235,429
Deferred income taxes (Note 11)	139,393	133,208
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.01 par value, 25,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value, 100,000,000 shares authorized, and 40,531,204 and 40,334,973 shares issued, respectively	405	403
Additional paid-in capital	586,691	575,689
Accumulated other comprehensive loss	(255)	0
Retained earnings	408,662	416,458
Treasury stock, at cost; 4,949,111 and 4,264,804 shares, respectively (Note 16)	(193,192)	(162,827)
Total Vail Resorts, Inc. stockholders' equity	802,311	829,723
Noncontrolling interests	14,017	13,996
Total stockholders' equity	816,328	843,719
Total liabilities and stockholders' equity	$ 1,927,614	$ 1,946,236