Segment Information (Tables)

12 Months Ended

Jul. 31, 2012

Segment Reporting [Abstract]

Summary Of Financial Information By Reportable Segment

Following is key financial information by reportable segment which is used by management in evaluating performance and allocating resources (in thousands):

	Year Ended July 31,
	2012			2011			2010
Net revenue:
Lift tickets	$	342,500		$	342,514		$	289,289
Ski school	84,292			83,818			70,694
Dining	68,376			68,052			53,322
Retail/rental	181,772			174,339			154,846
Other	89,668			83,468			70,344
Total Mountain net revenue	766,608			752,191			638,495
Lodging	210,623			214,658			195,301
Resort	977,231			966,849			833,796
Real estate	47,163			200,197			61,007
Total net revenue	$	1,024,394		$	1,167,046		$	894,803
Segment operating expense:
Mountain	$	568,578		$	540,366		$	456,017
Lodging	204,270			205,903			192,909
Resort	772,848			746,269			648,926
Real estate	63,170			205,232			71,402
Total segment operating expense	$	836,018		$	951,501		$	720,328
Gain on sale of real property	$	—		$	—		$	6,087
Mountain equity investment income, net	$	878		$	1,342		$	1,558
Reported EBITDA:
Mountain	$	198,908		$	213,167		$	184,036
Lodging	6,353			8,755			2,392
Resort	205,261			221,922			186,428
Real estate	(16,007		)	(5,035		)	(4,308		)
Total Reported EBITDA	$	189,254		$	216,887		$	182,120
Real estate held for sale and investment	$	237,668		$	273,663		$	422,164
Reconciliation to net income attributable to Vail Resorts, Inc.:
Total Reported EBITDA	$	189,254		$	216,887		$	182,120
Depreciation and amortization	(127,581		)	(117,957		)	(110,638		)
Loss on disposal of fixed assets, net	(1,464		)	(555		)	(615		)
Asset impairment charge	—			(2,561		)	—
Investment income, net	469			719			445
Interest expense, net	(33,586		)	(33,641		)	(17,515		)
Loss on extinguishment of debt	—			(7,372		)	—
Income before provision for income taxes	27,092			55,520			53,797
Provision for income taxes	(10,701		)	(21,098		)	(18,022		)
Net income	16,391			34,422			35,775
Net loss (income) attributable to noncontrolling interests	62			67			(5,390		)
Net income attributable to Vail Resorts, Inc.	$	16,453		$	34,489		$	30,385