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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2021
Jul. 31, 2021
Oct. 31, 2020
Assets      
Cash and cash equivalents $ 1,468,380 $ 1,243,962 $ 462,212
Restricted cash 14,482 14,612 10,163
Trade receivables, net 108,988 345,408 208,540
Inventories, net 103,697 80,316 100,879
Other current assets 82,307 61,288 59,821
Total current assets 1,777,854 1,745,586 841,615
Property, plant and equipment, net (Note 6) 2,062,322 2,067,876 2,166,604
Real estate held for sale or investment 98,833 95,615 96,668
Goodwill, net (Note 6) 1,790,531 1,781,047 1,711,870
Intangible assets, net 319,250 319,110 313,445
Operating right-of-use assets 204,476 204,716 218,902
Other assets 37,285 37,106 41,420
Total assets 6,290,551 6,251,056 5,390,524
Liabilities      
Accounts payable and accrued liabilities (Note 6) 1,109,652 815,472 846,614
Income taxes payable 43,377 48,812 39,909
Long-term debt due within one year (Note 5) 114,795 114,117 63,707
Total current liabilities 1,267,824 978,401 950,230
Long-term debt, net (Note 5) 2,704,583 2,736,175 2,387,861
Operating lease liabilities 192,328 190,561 213,073
Other long-term liabilities (Note 6) 243,307 264,034 253,108
Deferred income taxes, net 216,049 252,817 210,525
Total liabilities 4,624,091 4,421,988 4,014,797
Commitments and contingencies (Note 8)
Stockholders' Equity      
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01 $ 0.01
Preferred stock, shares authorized   25,000,000 25,000,000
Preferred stock, shares issued 0 0 0
Preferred stock, shares outstanding 0 0  
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding $ 0 $ 0 $ 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000 100,000,000
Common stock, shares issued 46,610,000 46,552,000 46,412,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,610, 46,552 and 46,412 shares issued, respectively $ 466 $ 466 $ 464
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 34,000 34,000 35,000
Exchangeable shares, $0.01 par value, 34, 34 and 35 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 0
Additional paid-in capital 1,192,901 1,196,993 1,130,318
Accumulated other comprehensive income (loss) 44,689 27,799 (52,387)
Retained earnings 598,826 773,752 492,136
Treasury stock, at cost, 6,161 shares (Note 10) (404,411) (404,411) (404,411)
Total Vail Resorts, Inc. stockholders’ equity 1,432,471 1,594,599 1,166,120
Noncontrolling interests 233,989 234,469 209,607
Total stockholders’ equity 1,666,460 1,829,068 1,375,727
Total liabilities and stockholders’ equity $ 6,290,551 $ 6,251,056 $ 5,390,524
Treasury stock, shares 6,161,141 6,161,000 6,161,000