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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2019
Jul. 31, 2018
Apr. 30, 2018
Assets      
Cash and cash equivalents $ 59,636 $ 178,145 $ 181,597
Restricted cash 8,876 6,895 7,427
Trade receivables, net 273,108 230,829 220,248
Inventories, net 84,059 85,588 79,361
Other current assets 41,177 37,279 31,027
Total current assets 466,856 538,736 519,660
Property, plant and equipment, net (Note 7) 1,847,434 1,627,219 1,640,727
Real estate held for sale and investment 101,251 99,385 99,623
Goodwill, net (Note 7) 1,596,867 1,475,686 1,488,663
Intangible assets, net 306,489 280,572 283,802
Other assets 42,837 43,386 42,960
Total assets 4,361,734 4,064,984 4,075,435
Liabilities      
Accounts payable and accrued liabilities (Note 7) 543,060 504,533 429,858
Income taxes payable 23,290 50,632 29,512
Long-term debt due within one year (Note 5) 48,504 38,455 38,444
Total current liabilities 614,854 593,620 497,814
Long-term debt, net (Note 5) 1,310,870 1,234,277 1,078,005
Other long-term liabilities (Note 7) 268,350 291,506 279,797
Deferred income taxes, net 274,306 133,918 215,696
Total liabilities 2,468,380 2,253,321 2,071,312
Commitments and contingencies (Note 9)
Stockholders' Equity      
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding 0 0 0
Common stock, $0.01 par value, 100,000 shares authorized, 46,105, 46,021 and 45,874 shares issued, respectively 461 460 458
Exchangeable shares, $0.01 par value, 56, 58 and 58 shares issued and outstanding, respectively (Note 4) 1 1 1
Additional paid-in capital 1,140,099 1,137,467 1,162,872
Accumulated other comprehensive (loss) income (36,540) (2,227) 10,469
Retained earnings 920,327 726,722 869,862
Treasury stock, at cost, 5,905, 5,552, and 5,552 shares, respectively (Note 11) (357,989) (272,989) (272,989)
Total Vail Resorts, Inc. stockholders’ equity 1,666,359 1,589,434 1,770,673
Noncontrolling interests 226,995 222,229 233,450
Total stockholders’ equity 1,893,354 1,811,663 2,004,123
Total liabilities and stockholders’ equity $ 4,361,734 $ 4,064,984 $ 4,075,435