Summary of Significant Accounting Policies (Tables)

3 Months Ended

Oct. 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 Three Months Ended October 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	$	820,843		$	13,957		$	834,800		$	823,868		$	14,001		$	837,869
Net loss	(64,276		)	(48		)	(64,324		)	(73,376		)	(61		)	(73,437		)
Stock-based compensation expense	4,201			—			4,201			3,492			—			3,492
Issuance of shares under share award plans, net of shares withheld for taxes	(3,186		)	—			(3,186		)	(4,793		)	—			(4,793		)
Tax benefit from share award plans	2,344			—			2,344			2,843			—			2,843
Cash dividends paid on common stock	(15,061		)	—			(15,061		)	(7,489		)	—			(7,489		)
Contributions from noncontrolling interests, net	—			52			52			—			56			56
Foreign currency translation adjustments, net of tax	(140		)	—			(140		)	11			—			11
Balance, end of period	$	744,725		$	13,961		$	758,686		$	744,556		$	13,996		$	758,552

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 October 31, 2014 are presented below (in thousands):

	October 31, 2014
	Carrying Value		Fair Value
6.50% Notes	$	215,000	$	223,600
Industrial Development Bonds	$	41,200	$	45,690
Other long-term debt	$	14,424	$	14,804