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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Apr. 30, 2014
Accounting Policies [Abstract]  
Schedule of Changes in Total Stockholders Equity
The following table summarizes the changes in total stockholders’ equity (in thousands):
 
 
 
For the Nine Months Ended April 30,
 
 
2014
 
2013
 
 
Vail Resorts
Stockholders’
Equity
 
Noncontrolling
Interests
 
Total
Stockholders' Equity
 
Vail Resorts
Stockholders’
Equity
 
Noncontrolling
Interests
 
Total
Stockholders' Equity
Balance, beginning of period
 
$
823,868

 
$
14,001

 
$
837,869

 
$
802,311

 
$
14,017

 
$
816,328

Net income (loss)
 
103,833

 
(204
)
 
103,629

 
97,611

 
(97
)
 
97,514

Stock-based compensation expense
 
10,539

 
—

 
10,539

 
9,544

 
—

 
9,544

Issuance of shares under share award plans, net of shares withheld for taxes
 
(4,797
)
 
—

 
(4,797
)
 
(3,832
)
 
—

 
(3,832
)
Tax benefit from share award plans
 
3,738

 
—

 
3,738

 
3,768

 
—

 
3,768

Cash dividends paid on common stock
 
(29,998
)
 
—

 
(29,998
)
 
(20,905
)
 
—

 
(20,905
)
Contributions from noncontrolling interests, net
 
—

 
169

 
169

 
—

 
62

 
62

Foreign currency translation adjustments, net of tax
 
(34
)
 
—

 
(34
)
 
251

 
—

 
251

Balance, end of period
 
$
907,149

 
$
13,966

 
$
921,115

 
$
888,748

 
$
13,982

 
$
902,730
Summary Of Estimated Fair Value Of Financial Instruments
The estimated fair values of the 6.50% Notes, Canyons obligation, Industrial Development Bonds and other long-term debt as of April 30, 2014 are presented below (in thousands):
 
 
 
April 30, 2014
 
 
Carrying
Value
 
Fair
Value
6.50% Notes
 
$
390,000

 
$
409,988

Canyons obligation
 
$
310,472

 
$
310,472

Industrial Development Bonds
 
$
41,200

 
$
47,286

Other long-term debt
 
$
5,855

 
$
6,366