XML 17 R70.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Jul. 31, 2012
Apr. 30, 2012
Jan. 31, 2012
Oct. 31, 2011
Jul. 31, 2011
Apr. 30, 2011
Jan. 31, 2011
Oct. 31, 2010
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2010
Total Mountain net revenue $ 46,414 $ 354,586 $ 315,938 $ 49,670 $ 41,717 $ 351,418 $ 318,277 $ 40,779 $ 766,608 $ 752,191 $ 638,495
Lodging 54,751 53,972 48,306 53,594 54,388 57,477 51,676 51,117 210,623 214,658 195,301
Resort                 977,231 966,849 833,796
Real Estate 12,379 12,587 9,088 13,109 12,568 13,221 25,147 149,261 47,163 200,197 61,007
Total net revenue 113,544 421,145 373,332 116,373 108,673 422,116 395,100 241,157 1,024,394 1,167,046 894,803
Mountain                 568,578 540,366 456,017
Lodging                 204,270 205,903 192,909
Resort                 772,848 746,269 648,926
Real estate                 63,170 205,232 71,402
Total segment operating expense                 836,018 951,501 720,328
Gain on sale of real property                 0 0 6,087
Mountain equity investment income, net                 878 1,342 1,558
Total Reported EBITDA                 189,254 216,887 182,120
Real estate held for sale and investment 237,668       273,663       237,668 273,663 422,164
Depreciation and amortization                 (127,581) (117,957) (110,638)
Loss on disposal of fixed assets, net                 (1,464) (555) (615)
Asset impairment charge                 0 (2,561) 0
Investment income, net                 469 719 445
Interest expense, net                 (33,586) (33,641) (17,515)
Loss on extinguishment of debt                 0 (7,372) 0
Income before provision for income taxes                 27,092 55,520 53,797
Provision for income taxes (Note 11)                 (10,701) (21,098) (18,022)
Net income (53,824) 79,528 46,421 (55,734) (53,915) 76,840 54,557 (43,060) 16,391 34,422 35,775
Net loss (income) attributable to noncontrolling interests                 62 67 (5,390)
Net income attributable to Vail Resorts, Inc. (53,796) 79,569 46,389 (55,709) (53,906) 76,867 54,551 (43,023) 16,453 34,489 30,385
Lift Tickets [Member]
                     
Total Mountain net revenue                 342,500 342,514 289,289
Ski School [Member]
                     
Total Mountain net revenue                 84,292 83,818 70,694
Dining [Member]
                     
Total Mountain net revenue                 68,376 68,052 53,322
Retail/Rental [Member]
                     
Total Mountain net revenue                 181,772 174,339 154,846
Other [Member]
                     
Total Mountain net revenue                 89,668 83,468 70,344
Resort [Member]
                     
Total Reported EBITDA                 205,261 221,922 186,428
Mountain [Member]
                     
Total Reported EBITDA                 198,908 213,167 184,036
Lodging [Member]
                     
Total Reported EBITDA                 6,353 8,755 2,392
Real Estate [Member]
                     
Total Reported EBITDA                 $ (16,007) $ (5,035) $ (4,308)