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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
Net revenue:      
Mountain and Lodging services and other $ 1,807,930 $ 1,584,310 $ 1,477,654
Mountain and Lodging retail and dining 462,933 423,255 412,646
Resort net revenue 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
Total segment operating expense      
Mountain and Lodging operating expense 1,101,670 966,566 891,135
Mountain and Lodging retail and dining cost of products sold 190,044 174,105 170,824
General and administrative 274,415 251,806 236,799
Resort operating expense 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
Other operating (expense) income:      
Depreciation and amortization (218,117) (204,462) (189,157)
Gain on sale of real property 580 515 6,766
Change in fair value of contingent consideration (Note 9) (5,367) 1,854 (16,300)
Loss on disposal of fixed assets and other, net (664) (4,620) (6,430)
Income from operations 476,269 408,817 379,256
Mountain equity investment income, net 1,960 1,523 1,883
Investment income and other, net 3,086 1,944 6,114
Foreign currency (loss) gain on intercompany loans (Note 5) (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 (Note 10) (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
Per share amounts (Note 4):      
Basic net income per share attributable to Vail Resorts, Inc. $ 7.46 $ 9.40 $ 5.36
Diluted net income per share attributable to Vail Resorts, Inc. 7.32 9.13 5.22
Cash dividends declared per share $ 6.46 $ 5.046 $ 3.726