Segment Information (Tables)

12 Months Ended

Jul. 31, 2019

Segment Reporting [Abstract]

Summary Of Financial Information By Reportable Segment

Following is key financial information by reportable segment which is used by management in evaluating performance and allocating resources (in thousands):

	Year Ended July 31,
	2019			2018			2017
Net revenue:
Lift tickets	$	1,033,234		$	880,293		$	818,341
Ski school	215,060			189,910			177,748
Dining	181,837			161,402			150,587
Retail/rental	320,267			296,466			293,428
Other	205,803			194,851			171,682
Total Mountain net revenue	1,956,201			1,722,922			1,611,786
Lodging	314,662			284,643			278,514
Resort	2,270,863			2,007,565			1,890,300
Real Estate	712			3,988			16,918
Total net revenue	$	2,271,575		$	2,011,553		$	1,907,218
Segment operating expense:
Mountain	$	1,279,567		$	1,132,840		$	1,047,331
Lodging	286,562			259,637			251,427
Resort	1,566,129			1,392,477			1,298,758
Real Estate, net	5,609			3,546			24,083
Total segment operating expense	$	1,571,738		$	1,396,023		$	1,322,841
Gain on sale of real property	$	580		$	515		$	6,766
Mountain equity investment income, net	$	1,960		$	1,523		$	1,883
Reported EBITDA:
Mountain	$	678,594		$	591,605		$	566,338
Lodging	28,100			25,006			27,087
Resort	706,694			616,611			593,425
Real Estate	(4,317		)	957			(399		)
Total Reported EBITDA	$	702,377		$	617,568		$	593,026
Real estate held for sale and investment	$	101,021		$	99,385		$	103,405
Reconciliation to net income attributable to Vail Resorts, Inc.:
Total Reported EBITDA	$	702,377		$	617,568		$	593,026
Depreciation and amortization	(218,117		)	(204,462		)	(189,157		)
Change in fair value of contingent consideration	(5,367		)	1,854			(16,300		)
Loss on disposal of fixed assets and other, net	(664		)	(4,620		)	(6,430		)
Investment income and other, net	3,086			1,944			6,114
Foreign currency (loss) gain on intercompany loans	(2,854		)	(8,966		)	15,285
Interest expense, net	(79,496		)	(63,226		)	(54,089		)
Income before (provision) benefit from income taxes	398,965			340,092			348,449
(Provision) benefit from income taxes	(75,472		)	61,138			(116,731		)
Net income	323,493			401,230			231,718
Net income attributable to noncontrolling interests	(22,330		)	(21,332		)	(21,165		)
Net income attributable to Vail Resorts, Inc.	$	301,163		$	379,898		$	210,553

Revenue and Properties, Plant and Equipment from External Customers by Geographic Areas [Table Text Block]

Geographic Information

Net revenue and property, plant and equipment, net by geographic region are as follows (in thousands).

	Year Ended July 31,
Net revenue	2019		2018		2017
U.S.	$	1,865,062	$	1,610,323	$	1,578,276
International (a)	406,513		401,230		328,942
Total net revenue	$	2,271,575	$	2,011,553	$	1,907,218
			As of July 31,
Property, plant and equipment, net			2019		2018
U.S.			$	1,381,378	$	1,210,169
International (a)			461,122		417,050
Total property, plant and equipment, net			$	1,842,500	$	1,627,219

(a) The only individual international country (i.e. except the U.S.) to account for more than 10% of the Company’s revenue and property plant and equipment, net was Canada. Canada accounted for $308.1 million, $321.0 million and $257.8 million of revenue for the years ended July 31, 2019, 2018 and 2017, respectively, and for $319.4 million and $316.8 million of property, plant and equipment, net as of July 31, 2019 and 2018, respectively.