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Segment Information (Tables)
 6 Months Ended
Jan. 31, 2019
Segment Reporting [Abstract]  
Summary Of Financial Information By Reportable Segment
The following table presents financial information by reportable segment, which is used by management in evaluating performance and allocating resources (in thousands):
 
Three Months Ended January 31,
 
Six Months Ended January 31,
 
2019
 
2018
 
2019
 
2018
Net revenue:
 
 
 
 
 
 
 
Lift
$
447,558

 
$
381,912

 
$
472,243

 
$
407,380

Ski school
92,244

 
80,116

 
96,516

 
84,554

Dining
65,409

 
53,910

 
83,701

 
72,212

Retail/rental
128,436

 
115,446

 
171,778

 
160,853

Other
42,426

 
39,518

 
96,841

 
94,028

Total Mountain net revenue
776,073

 
670,902

 
921,079

 
819,027

Lodging
73,249

 
63,539

 
148,149

 
135,628

Total Resort net revenue
849,322

 
734,441

 
1,069,228

 
954,655

Real Estate
256

 
134

 
354

 
770

Total net revenue
$
849,578

 
$
734,575

 
$
1,069,582

 
$
955,425

Segment operating expense:
 
 
 
 
 
 
 
Mountain
$
424,008

 
$
365,605

 
$
646,371

 
$
572,689

Lodging
67,492

 
59,871

 
138,496

 
127,605

Resort
491,500

 
425,476

 
784,867

 
700,294

Real Estate
1,389

 
1,207

 
2,759

 
2,898

Total segment operating expense
$
492,889

 
$
426,683

 
$
787,626

 
$
703,192

Gain on sale of real property
$
—

 
$
515

 
$
—

 
$
515

Mountain equity investment income (loss), net
$
160

 
$
(35
)
 
$
1,110

 
$
487

Reported EBITDA:
 
 
 
 
 
 
 
Mountain
$
352,225

 
$
305,262

 
$
275,818

 
$
246,825

Lodging
5,757

 
3,668

 
9,653

 
8,023

Resort
357,982


308,930


285,471

 
254,848

Real Estate
(1,133
)
 
(558
)
 
(2,405
)
 
(1,613
)
Total Reported EBITDA
$
356,849

 
$
308,372

 
$
283,066

 
$
253,235

Real estate held for sale and investment
$
101,730

 
$
103,212

 
$
101,730

 
$
103,212

Reconciliation to net income attributable to Vail Resorts, Inc.:
 
 
 
 
 
 
 
Total Reported EBITDA
$
356,849

 
$
308,372

 
$
283,066

 
$
253,235

Depreciation and amortization
(55,238
)
 
(51,404
)
 
(106,281
)
 
(100,028
)
Change in estimated fair value of contingent consideration
(700
)
 
—

 
(1,900
)
 
—

Gain on disposal of fixed assets and other, net
1,097

 
538

 
478

 
1,105

Investment income and other, net
507

 
397

 
970

 
780

Foreign currency gain (loss) on intercompany loans
450

 
10,337

 
(1,861
)
 
2,991

Interest expense, net
(21,002
)
 
(15,973
)
 
(39,640
)
 
(31,147
)
Income before (provision) benefit from income taxes
281,963

 
252,267

 
134,832

 
126,936

(Provision) benefit from income taxes
(63,973
)
 
(3,594
)
 
(27,568
)
 
89,810

Net income
217,990

 
248,673

 
107,264

 
216,746

Net income attributable to noncontrolling interests
(11,641
)
 
(12,982
)
 
(8,710
)
 
(9,440
)
Net income attributable to Vail Resorts, Inc.
$
206,349

 
$
235,691

 
$
98,554

 
$
207,306