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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
Cash flows from operating activities:      
Net income $ 323,493 $ 401,230 $ 231,718
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 218,117 204,462 189,157
Cost of real estate sales 0 3,701 13,097
Stock-based compensation expense 19,856 19,040 18,315
Deferred income taxes, net 22,419 (45,770) 36,437
Canyons obligation accreted interest expense 5,752 5,723 5,687
Change in fair value of contingent consideration 5,367 (1,854) 16,300
Foreign currency loss (gain) on intercompany loans 2,854 8,966 (15,285)
Gain on sale of real property (580) (515) (6,766)
Other non-cash income, net (13,875) (13,784) (15,063)
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable, net (35,406) (44,261) (36,291)
Inventories, net (7,274) (963) 8,086
Accounts payable and accrued liabilities 23,296 1,879 (22,119)
Increase (Decrease) in Deferred Revenue 35,628 42,007 24,217
Income taxes payable - excess tax benefit from share award plans (12,932) (71,077) (9,878)
Income taxes payable - other 38,773 38,453 27,954
Other assets and liabilities, net 8,743 1,249 5,417
Net cash provided by operating activities 634,231 548,486 470,983
Cash flows from investing activities:      
Capital expenditures (192,035) (140,611) (144,432)
Acquisition of businesses, net of cash acquired (419,044) (1,356) (547,044)
Other investing activities, net 15,045 7,388 14,816
Net cash used in investing activities (596,034) (134,579) (676,660)
Cash flows from financing activities:      
Proceeds from borrowings under Vail Holdings Credit Agreement 543,625 225,000 669,375
Proceeds from borrowings under Whistler Credit Agreement 26,518 46,513 16,917
Repayments of borrowings under Vail Holdings Credit Agreement (235,625) (182,500) (213,125)
Repayments of borrowings under Whistler Credit Agreement (45,060) (91,941) (53,889)
Employee taxes paid for share award exercises (27,239) (104,077) (16,275)
Repurchases of common stock (85,000) (25,800) (210)
Dividends paid (260,567) (204,161) (146,235)
Other financing activities, net (16,210) (13,749) (941)
Net cash (used in) provided by financing activities (99,558) (350,715) 255,617
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (5,290) (5,814) 3,779
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (66,651) 57,378 53,719
Cash, cash equivalents and restricted cash:      
Beginning of period 185,040 127,662 73,943
End of period 118,389 185,040 127,662
Cash paid for interest 70,888 53,842 46,454
Taxes paid, net 27,212 16,945 49,373
Accrued capital expenditures $ 18,420 $ 15,638 $ 14,631