Income Taxes (Tables)

12 Months Ended

Jul. 31, 2015

Income Tax Disclosure [Abstract]

Components Of Deferred Tax Liabilities And Assets

Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):

	July 31,
	2015			2014
Deferred income tax liabilities:
Fixed assets	$	173,908		$	154,874
Intangible assets	53,654			46,980
Total	227,562			201,854
Deferred income tax assets:
Canyons obligation	18,687			18,481
Deferred private club membership revenue	18,085			19,643
Real estate and other investments	7,771			7,130
Deferred compensation and other accrued benefits	12,590			11,180
Stock-based compensation	15,896			15,309
Unfavorable lease obligation, net	11,510			12,995
Net operating loss carryforwards and other tax credits	3,610			3,984
Other, net	23,066			16,836
Total	111,215			105,558
Valuation allowance for deferred income taxes	(3,487		)	(3,017		)
Deferred income tax assets, net of valuation allowance	107,728			102,541
Net deferred income tax liability	$	119,834		$	99,313

Net Current And Non-Current Components Of Deferred Income Taxes

The net current and non-current components of deferred income taxes recognized in the Consolidated Balance Sheets are as follows (in thousands):

	July 31,
	2015		2014
Net current deferred income tax asset	$	27,962	$	29,249
Net non-current deferred income tax asset	—		—
Net non-current deferred income tax liability	147,796		128,562
Net deferred income tax liability	$	119,834	$	99,313

Components Of Provision (Benefit) For Income Taxes

Significant components of the provision (benefit) for income taxes are as follows (in thousands):

	Year Ended July 31,
	2015			2014		2013
Current:
Federal	$	12,668		$	8,082	$	25,753
State	5,501			1,565		3,991
Foreign	3,581			—		—
Total current	21,750			9,647		29,744
Deferred:
Federal	11,534			5,470		(7,175		)
State	1,623			749		(950		)
Foreign	(189		)	—		—
Total deferred	12,968			6,219		(8,125		)
Provision for income taxes	$	34,718		$	15,866	$	21,619

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

U.S. and foreign components of income before provision for income taxes is as follows (in thousands):

	Year Ended July 31,
	2015		2014			2013
U.S.	$	142,190	$	45,895		$	60,906
Foreign	7,138		(1,823		)	(1,677		)
Income before income taxes	$	149,328	$	44,072		$	59,229

Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation

A reconciliation of the income tax provision from continuing operations and the amount computed by applying the United States federal statutory income tax rate to income before income taxes is as follows:

	Year Ended July 31,
	2015		2014		2013
At U.S. federal income tax rate	35.0	%	35.0	%	35.0	%
State income tax, net of federal benefit	3.2	%	3.4	%	3.3	%
Nondeductible meals or entertainment	0.2	%	0.7	%	0.4	%
General business credits	(0.5	)%	(1.7	)%	(1.2	)%
IRS settlement on NOL utilization	(16.0	)%	—	%	—	%
Domestic production deduction	(0.7	)%	(1.4	)%	(1.2	)%
Change in valuation allowance	0.5	%	—	%	—	%
Other	1.5	%	—	%	0.2	%
Effective tax rate	23.2	%	36.0	%	36.5	%

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits associated with uncertain tax positions, excluding associated deferred tax benefits and accrued interest and penalties, if applicable, is as follows (in thousands):

	Year Ended July 31,
	2015			2014			2013
Balance, beginning of year	$	46,973		$	26,205		$	26,271
Additions based on tax positions related to the current year	—			21,082			—
Additions for tax positions of prior years	17,443			—			—
Reductions for tax positions of prior years	(21,574		)	—			—
Lapse of statute of limitations	—			(314		)	(66		)
Settlements	(4,270		)	—			—
Balance, end of year	$	38,572		$	46,973		$	26,205