Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jan. 31, 2013

Accounting Policies [Abstract]

Schedule of Changes in Total Stockholders Equity

The following table summarizes the changes in total stockholders’ equity (in thousands):

	For the Six Months Ended January 31,
	2013									2012
	Vail Resorts Stockholders’ Equity			Noncontrolling Interests			Total Stockholders' Equity			Vail Resorts Stockholders’ Equity			Noncontrolling Interests			Total Stockholders' Equity
Balance, beginning of period	$	802,311		$	14,017		$	816,328		$	829,723		$	13,996		$	843,719
Net (loss) income	(29		)	(45		)	(74		)	(9,320		)	7			(9,313		)
Stock-based compensation expense	6,631			—			6,631			6,820			—			6,820
Issuance of shares under share award plans, net of shares withheld for taxes	(3,792		)	—			(3,792		)	(2,219		)	—			(2,219		)
Tax benefit from share award plans	3,898			—			3,898			927			—			927
Cash dividends paid on common stock	(13,458		)	—			(13,458		)	(10,801		)	—			(10,801		)
Repurchases of common stock	—			—			—			(7,869		)	—			(7,869		)
Contributions (distributions) from/to noncontrolling interests, net	—			116			116			—			(22		)	(22		)
Foreign currency translation adjustments	453			—			453			—			—			—
Balance, end of period	$	796,014		$	14,088		$	810,102		$	807,261		$	13,981		$	821,242

Summary Of Estimated Fair Value Of Financial Instruments

The estimated fair values of the 6.50% Notes, Industrial Development Bonds and other long-term debt as of January 31, 2013 are presented below (in thousands):

	January 31, 2013
	Carrying Value		Fair Value
6.50% Notes	$	390,000	$	421,200
Industrial Development Bonds	$	41,200	$	47,364
Other long-term debt	$	6,527	$	7,097