Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jan. 31, 2015

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,
	2015									2014
	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 income (loss)	51,486			(110		)	51,376			(14,113		)	(124		)	(14,237		)
Stock-based compensation expense	8,226			—			8,226			7,054			—			7,054
Issuance of shares under share award plans, net of shares withheld for taxes	(3,705		)	—			(3,705		)	(4,877		)	—			(4,877		)
Tax benefit from share award plans	3,241			—			3,241			3,240			—			3,240
Cash dividends paid on common stock	(30,141		)	—			(30,141		)	(14,986		)	—			(14,986		)
Contributions from noncontrolling interests, net	—			112			112			—			113			113
Foreign currency translation adjustments, net of tax	(447		)	—			(447		)	(119		)	—			(119		)
Balance, end of period	$	849,503		$	13,959		$	863,462		$	800,067		$	13,990		$	814,057

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, 2015 are presented below (in thousands):

	January 31, 2015
	Carrying Value		Fair Value
6.50% Notes	$	215,000	$	223,063
Industrial Development Bonds	$	41,200	$	47,014
Other long-term debt	$	11,984	$	12,679