Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jan. 31, 2014

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,
	2014									2013
	Vail Resorts Stockholders’ Equity			Noncontrolling Interests			Total Stockholders' Equity			Vail Resorts Stockholders’ Equity			Noncontrolling Interests			Total Stockholders' Equity
Balance, beginning of period	$	823,868		$	14,001		$	837,869		$	802,311		$	14,017		$	816,328
Net loss	(14,113		)	(124		)	(14,237		)	(29		)	(45		)	(74		)
Stock-based compensation expense	7,054			—			7,054			6,631			—			6,631
Issuance of shares under share award plans, net of shares withheld for taxes	(4,877		)	—			(4,877		)	(3,792		)	—			(3,792		)
Tax benefit from share award plans	3,240			—			3,240			3,898			—			3,898
Cash dividends paid on common stock	(14,986		)	—			(14,986		)	(13,458		)	—			(13,458		)
Contributions from noncontrolling interests, net	—			113			113			—			116			116
Foreign currency translation adjustments, net of tax	(119		)	—			(119		)	453			—			453
Balance, end of period	$	800,067		$	13,990		$	814,057		$	796,014		$	14,088		$	810,102

Summary Of Estimated Fair Value Of Financial Instruments

The estimated fair values of the 6.50% Notes, Canyons obligation, Industrial Development Bonds and other long-term debt as of January 31, 2014 are presented below (in thousands):

	January 31, 2014
	Carrying Value		Fair Value
6.50% Notes	$	390,000	$	411,450
Canyons obligation	$	309,093	$	309,093
Industrial Development Bonds	$	41,200	$	46,250
Other long-term debt	$	5,722	$	6,083