Net Income Per Common Share (Tables)

3 Months Ended

Oct. 31, 2018

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 October 31, 2018 and 2017 (in thousands, except per share amounts):

	Three Months Ended October 31,
	2018						2017
	Basic			Diluted			Basic			Diluted
Net loss per share:
Net loss attributable to Vail Resorts	$	(107,795	)	$	(107,795	)	$	(28,385	)	$	(28,385	)
Weighted-average Vail Shares outstanding	40,447			40,447			40,147			40,147
Weighted-average Exchangeco Shares outstanding	58			58			64			64
Total Weighted-average shares outstanding	40,505			40,505			40,211			40,211
Effect of dilutive securities	—			—			—			—
Total shares	40,505			40,505			40,211			40,211
Net loss per share attributable to Vail Resorts	$	(2.66	)	$	(2.66	)	$	(0.71	)	$	(0.71	)

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 1.0 million and 1.3 million for the three months ended October 31, 2018 and 2017, respectively.