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Consolidated Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash flows from operating activities:    
Net income $ 96,110 $ 57,201
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 90,207 79,241
Cost of real estate sales 4,203 9,444
Stock-based compensation expense 9,151 8,390
Deferred income taxes, net 51,298 35,937
Gain on sale of real property (6,466) (1,791)
Foreign exchange gains on intercompany loans (5,215) 0
Other non-cash income, net (7,678) (343)
Changes in assets and liabilities:    
Restricted cash (4,695) 6,894
Trade receivables, net 68,554 27,696
Inventories, net (1,739) (5,263)
Accounts payable and accrued liabilities 75,270 111,778
Income taxes payable (50,703) (17,016)
Other assets and liabilities, net (1,379) (2,700)
Net cash provided by operating activities 316,918 309,468
Net cash used in investing activities    
Capital expenditures (93,436) (77,237)
Acquisition of businesses, net of cash acquired (512,348) (20,245)
Cash received from the sale of real property 7,692 3,644
Other investing activities, net 6,271 317
Net cash used in investing activities (591,821) (93,521)
Net cash provided by (used in) financing activities    
Proceeds from borrowings under Vail Holdings Credit Agreement term loan 509,375 0
Proceeds from borrowings under Vail Holdings Credit Agreement revolver 110,000 105,000
Proceeds from borrowings under Whistler Credit Agreement revolver 2,229 0
Repayments of borrowings under Vail Holdings Credit Agreement term loan (9,375) (3,125)
Repayments of borrowings under Vail Holdings Credit Agreement revolver (185,000) (225,500)
Repayments of borrowings under Whistler Credit Agreement revolver (17,573) 0
Dividends paid (61,772) (45,221)
Repurchase of common stock (Note 10) (210) (40,000)
Other financing activities, net 611 3,668
Net cash provided by (used in) financing activities 348,285 (205,178)
Effect of exchange rate changes on cash and cash equivalents (370) (860)
Net increase in cash and cash equivalents 73,012 9,909
Cash and cash equivalents:    
Beginning of period 67,897 35,459
End of period 140,909 45,368
Capital Expenditures Incurred but Not yet Paid $ 11,102 $ 4,425