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Segment Information (Tables)
3 Months Ended
Oct. 31, 2019
Segment Reporting [Abstract]  
Summary Of Financial Information By Reportable Segment
The following table presents financial information by reportable segment, which is used by management in evaluating performance and allocating resources (in thousands):
 
Three Months Ended October 31,
 
2019
 
2018
Net revenue:
 
 
 
Lift
$
41,829

 
$
24,685

Ski school
8,534

 
4,272

Dining
21,629

 
18,292

Retail/rental
47,915

 
43,342

Other
60,925

 
54,415

Total Mountain net revenue
180,832

 
145,006

Lodging
82,758

 
74,900

Total Resort net revenue
263,590

 
219,906

Real Estate
4,180

 
98

Total net revenue
$
267,770

 
$
220,004

Segment operating expense:
 
 
 
Mountain
$
262,008

 
$
222,363

Lodging
79,492

 
71,004

Resort
341,500

 
293,367

Real Estate, net
5,293

 
1,370

Total segment operating expense
$
346,793

 
$
294,737

Gain on sale of real property
$
207

 
$

Mountain equity investment income, net
$
1,191

 
$
950

Reported EBITDA:
 
 
 
Mountain
$
(79,985
)
 
$
(76,407
)
Lodging
3,266

 
3,896

Resort
(76,719
)

(72,511
)
Real Estate
(906
)
 
(1,272
)
Total Reported EBITDA
$
(77,625
)
 
$
(73,783
)
Real estate held for sale and investment
$
96,938

 
$
101,743

Reconciliation to net loss attributable to Vail Resorts, Inc.:
 
 
 
Total Reported EBITDA
$
(77,625
)
 
$
(73,783
)
Depreciation and amortization
(57,845
)
 
(51,043
)
Change in estimated fair value of contingent consideration
(1,136
)
 
(1,200
)
Gain (loss) on disposal of fixed assets and other, net
2,267

 
(619
)
Investment income and other, net
277

 
463

Foreign currency gain (loss) on intercompany loans
360

 
(2,311
)
Interest expense, net
(22,690
)
 
(18,638
)
Loss before benefit from income taxes
(156,392
)
 
(147,131
)
Benefit from income taxes
46,563

 
36,405

Net loss
(109,829
)
 
(110,726
)
Net loss attributable to noncontrolling interests
3,354

 
2,931

Net loss attributable to Vail Resorts, Inc.
$
(106,475
)
 
$
(107,795
)