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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2019
Jul. 31, 2019
Oct. 31, 2018
Assets      
Cash and cash equivalents $ 136,326 $ 108,850 $ 141,031
Restricted cash 14,027 9,539 12,005
Trade receivables, net 87,301 270,896 74,240
Inventories, net 127,859 96,539 114,984
Other current assets 62,821 42,116 50,752
Total current assets 428,334 527,940 393,012
Property, plant and equipment, net (Note 8) 2,280,089 1,842,500 1,825,982
Real estate held for sale and investment 96,938 101,021 101,743
Goodwill, net (Note 8) 1,757,463 1,608,206 1,543,941
Intangible assets, net 324,178 306,173 307,268
Operating right-of-use assets (Note 4) 229,709 0 0
Other assets 41,036 40,237 43,976
Total assets 5,157,747 4,426,077 4,215,922
Liabilities      
Accounts payable and accrued liabilities (Note 8) 856,934 607,857 703,633
Income taxes payable 50,759 62,760 38,303
Long-term debt due within one year (Note 6) 63,807 48,516 48,482
Total current liabilities 971,500 719,133 790,418
Long-term debt, net (Note 6) 2,005,057 1,527,744 1,486,968
Operating lease liabilities (Note 4) 231,182 0 0
Other long-term liabilities (Note 8) 238,964 283,601 273,566
Deferred income taxes, net 188,608 168,759 115,169
Total liabilities 3,635,311 2,699,237 2,666,121
Commitments and contingencies (Note 10)
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, 46,257, 46,190 and 46,097 shares issued, respectively 462 461 461
Exchangeable shares, $0.01 par value, 55, 56 and 57 shares issued and outstanding, respectively (Note 5) 1 1 1
Additional paid-in capital 1,126,492 1,130,083 1,130,855
Accumulated other comprehensive loss (27,269) (31,730) (20,596)
Retained earnings 582,235 759,801 551,863
Treasury stock, at cost, 6,000, 5,905, and 5,750 shares, respectively (Note 12) (379,433) (357,989) (322,989)
Total Vail Resorts, Inc. stockholders’ equity 1,302,488 1,500,627 1,339,595
Noncontrolling interests 219,948 226,213 210,206
Total stockholders’ equity 1,522,436 1,726,840 1,549,801
Total liabilities and stockholders’ equity $ 5,157,747 $ 4,426,077 $ 4,215,922