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Acquisitions (Tables)
12 Months Ended
Jul. 31, 2012
Business Combinations [Abstract]  
Summary Of Estimate Of Fair Value Of Identifiable Assets Acquired And Liabilities Assumed
The following summarizes the fair values of the identifiable assets acquired and liabilities assumed at the acquisition date (in thousands).
 
  
Acquisition Date
Fair Value
Accounts receivable, net
$
2,499

Inventory, net
1,894

Other assets
1,422

Property, plant and equipment
9,612

Deferred income tax assets, net
15,087

Intangible assets
2,470

Goodwill
85,446

Total identifiable assets acquired
$
118,430

Accounts payable and accrued liabilities
$
6,671

Deferred revenue
5,281

Capital lease obligations
2,892

Unfavorable lease obligations, net
43,400

Total liabilities assumed
$
58,244

Total purchase price
$
60,186

Summary Pro Forma Financial Information
This unaudited pro forma financial information is presented for informational purposes only and does not purport to be indicative of the results of future operations or the results that would have occurred had the acquisition taken place on August 1, 2009 (in thousands, except per share amounts).
 
Year Ended July 31,
  
2011
2010
Pro forma net revenue
$
1,171,459

$
959,453

Pro forma net income attributable to Vail Resorts, Inc.
$
33,231

$
34,485

Pro forma basic net income per share attributable to Vail Resorts, Inc.
$
0.92

$
0.95

Pro forma diluted net income per share attributable to Vail Resorts, Inc.
$
0.90

$
0.94