Consolidated Condensed Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
Apr. 30, 2019	Apr. 30, 2018
Cash flows from operating activities:
Net income	$ 415,794	$ 489,021
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	161,541	154,132
Cost of real estate sales	0	3,750
Stock-based compensation expense	14,786	14,056
Deferred income taxes, net	125,803	36,558
Change in Fair Value of Contingent Consideration	3,467	(2,454)
Foreign exchange loss on intercompany loans	5,180	6,511
Other non-cash income, net	(6,485)	(8,090)
Changes in assets and liabilities:
Trade receivables, net	(37,146)	(33,096)
Inventories, net	5,170	5,609
Accounts payable and accrued liabilities	1,013	(35,519)
Deferred revenue	(2,746)	11,014
Income taxes payable - excess tax benefit from share award exercises	(4,890)	(54,473)
Income taxes payable - other	(22,403)	(14,100)
Other assets and liabilities, net	6,512	7,744
Net cash provided by operating activities	665,596	580,663
Cash flows from investing activities:
Capital expenditures	(146,896)	(106,314)
Acquisition of businesses, net of cash acquired	(419,044)	(1,356)
Other investing activities, net	13,286	7,088
Net cash used in investing activities	(552,654)	(100,582)
Cash flows from financing activities:
Proceeds from borrowings under Vail Holdings Credit Agreement	335,625	95,000
Proceeds from borrowings under Whistler Credit Agreement	7,667	11,920
Repayments of borrowings under Vail Holdings Credit Agreement	(223,750)	(173,125)
Repayments of borrowings under Whistler Credit Agreement	(45,060)	(91,941)
Issuance of shares under share award plans, net of shares withheld for employee taxes	(12,153)	(73,690)
Dividends paid	(189,566)	(144,681)
Repurchases of common stock	(85,000)	(25,800)
Other financing activities, net	(12,408)	(11,626)
Net cash used in financing activities	(224,645)	(413,943)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(4,825)	(4,776)
Net (decrease) increase in cash, cash equivalents and restricted cash	(116,528)	61,362
Cash, cash equivalents and restricted cash:
Beginning of period	185,040	127,662
End of period	68,512	189,024
Accrued capital expenditures	$ 13,508	$ 7,869

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