Summary of Significant Accounting Policies (Tables)

9 Months Ended

Apr. 30, 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 Nine Months Ended April 30,
	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)	184,896			(118		)	184,778			103,833			(204		)	103,629
Stock-based compensation expense	11,718			—			11,718			10,539			—			10,539
Issuance of shares under share award plans, net of shares withheld for taxes	(4,629		)	—			(4,629		)	(4,797		)	—			(4,797		)
Tax benefit from share award plans	3,864			—			3,864			3,738			—			3,738
Cash dividends paid on common stock	(52,778		)	—			(52,778		)	(29,998		)	—			(29,998		)
Contributions from noncontrolling interests, net	—			145			145			—			169			169
Foreign currency translation adjustments, net of tax	(424		)	—			(424		)	(34		)	—			(34		)
Balance, end of period	$	963,490		$	13,984		$	977,474		$	907,149		$	13,966		$	921,115

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 April 30, 2015 are presented below (in thousands):

	April 30, 2015
	Carrying Value		Fair Value
6.50% Notes	$	215,000	$	221,988
Industrial Development Bonds	$	41,200	$	42,848
Other long-term debt	$	11,875	$	12,521