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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2021
Jul. 31, 2020
Assets    
Cash and cash equivalents $ 1,243,962 $ 390,980
Restricted cash 14,612 11,106
Accounts receivable, net of allowances of $7,621 and $2,484, respectively 345,408 106,664
Inventories, net of reserves of $2,601 and $4,447, respectively 80,316 101,856
Other current assets 61,288 54,482
Total current assets 1,745,586 665,088
Property, plant and equipment, net (Note 8) 2,067,876 2,192,679
Real estate held for sale or investment 95,615 96,844
Deferred charges and other assets 37,106 40,081
Goodwill, net (Note 8) 1,781,047 1,709,020
Intangible assets, net (Note 8) 319,110 314,776
Operating right-of-use assets (Note 4) 204,716 225,744
Total assets 6,251,056 5,244,232
Liabilities and Stockholders’ Equity    
Accounts payable and accrued liabilities (Note 8) 815,472 499,108
Income taxes payable 48,812 40,680
Long-term debt due within one year (Note 6) 114,117 63,677
Total current liabilities 978,401 603,465
Long-term debt, net (Note 6) 2,736,175 2,387,122
Operating lease liabilities (Note 4) 190,561 217,542
Other long-term liabilities 264,034 270,245
Deferred income taxes, net (Note 11) 252,817 234,191
Total liabilities 4,421,988 3,712,565
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value, 100,000 shares authorized and 46,552 and 46,350 shares issued, respectively 466 464
Exchangeable shares, $0.01 par value, 34 and 36 shares issued and outstanding, respectively (Note 5) 0 0
Additional paid-in capital 1,196,993 1,131,624
Accumulated other comprehensive income (loss) 27,799 (56,837)
Retained earnings 773,752 645,902
Treasury stock, at cost; 6,161 and 6,161 shares, respectively (Note 16) (404,411) (404,411)
Total Vail Resorts, Inc. stockholders’ equity 1,594,599 1,316,742
Noncontrolling interests 234,469 214,925
Total stockholders’ equity 1,829,068 1,531,667
Total liabilities and stockholders’ equity $ 6,251,056 $ 5,244,232
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized 25,000,000 25,000,000
Preferred stock, shares outstanding 0 0
Preferred stock, shares issued 0 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 46,552,000 46,350,000
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 34,000 36,000
Treasury stock, shares 6,161,141 6,161,000