XML 46 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Long-Term Debt Long-Term Debt (Narrative) (Details) - USD ($)
3 Months Ended
Aug. 15, 2018
Oct. 31, 2018
Oct. 31, 2017
Jul. 31, 2018
Gross interest expense   $ 18,600,000 $ 15,200,000  
Long-term Debt   1,539,513,000 1,304,660,000 $ 1,276,082,000
Amortization of deferred financing costs   300,000 300,000  
Intercompany Foreign Currency Balance, Amount   210,000,000    
Debt Instrument, Unused Borrowing Capacity, Fee   0.0025    
Unamortized Debt Issuance Expense   4,063,000 3,913,000 3,350,000
Foreign currency loss on intercompany loans (Note 4)   2,311,000 7,346,000  
Term Loan [Member]        
Line of Credit Facility, Initiation Date Aug. 15, 2018      
Line of Credit Facility, Increase (Decrease), Net   $ 265,600,000    
Debt Instrument, Maturity Date   Aug. 15, 2023    
Long-term Line of Credit   $ 950,000,000    
Long-term Debt   $ 950,000,000 712,500,000 684,375,000
Debt Instrument, Interest Rate, Stated Percentage   3.55%    
Long-term Debt, Description   In addition, pursuant to the terms of the Vail Holdings Credit Agreement, VHI has the ability to increase availability (under the revolver or in the form of term loans) to an aggregate principal amount not to exceed the greater of (i) $1.2 billion and (ii) the product of 2.75 and the trailing twelve-month Adjusted EBITDA, as defined in the Vail Holdings Credit Agreement. The term loan facility is subject to quarterly amortization of principal of approximately $11.9 million, which will begin on January 31, 2019, in equal installments, with five percent payable in each year and the final payment of all amounts outstanding, plus accrued and unpaid interest due in August 2023.    
Credit Facility Revolver [Member]        
Line of Credit Facility, Maximum Borrowing Capacity   $ 400,000,000    
Long-term Debt   $ 120,000,000 95,000,000 130,000,000
Whistler Credit Agreement revolver [Member]        
Line of Credit Facility, Initiation Date   Nov. 12, 2013    
Debt Instrument, Maturity Date   Nov. 12, 2022    
Long-term Debt   $ 72,170,000 $ 104,625,000 $ 65,353,000
Debt Instrument, Interest Rate, Stated Percentage   3.87%    
Long-term Debt, Description   Borrowings under the Whistler Credit Agreement are available in Canadian or U.S. dollars and bear interest annually, subject to an applicable margin based on the WB Partnerships’ Consolidated Total Leverage Ratio (as defined in the Whistler Credit Agreement), with pricing as of October 31, 2018, in the case of borrowings (i) in Canadian dollars, at the WB Partnerships’ option, either (a) at the Canadian Prime Rate plus 0.75% per annum or (b) by way of the issuance of bankers’ acceptances plus 1.75% per annum; and (ii) in U.S. dollars, at the WB Partnerships option, either at (a) the U.S. Base Rate plus 0.75% per annum or (b) Bankers Acceptance Rate plus 1.75% per annum    
Debt Instrument, Unused Borrowing Capacity, Fee   0.3937%    
Canada, Dollars | Whistler Credit Agreement revolver [Member]        
Line of Credit Facility, Remaining Borrowing Capacity   $ 75,000,000    
Line of Credit Facility, Maximum Borrowing Capacity   $ 300,000,000