XML 65 R50.htm IDEA: XBRL DOCUMENT v3.21.2
Acquisitions (Narrative) (Details)
$ in Thousands, $ in Millions
 12 Months Ended
Sep. 24, 2019
USD ($)
Jul. 31, 2021
USD ($)
Jul. 31, 2020
USD ($)
Jul. 31, 2019
USD ($)
Jul. 31, 2019
AUD ($)
Cumulative effect for adoption of revenue standard       $ (7,517)  
Payments to Acquire Businesses, Net of Cash Acquired   $ 0 $ 327,555 419,044  
Goodwill, Acquired During Period     135,987    
Peak Resorts, Inc. [Member]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill     19,221    
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed     3,100    
Business Combination, Cash Consideration Transferred $ 264,500        
Business Combination, Consideration Transferred 334,700        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment     427,793    
Goodwill, Acquired During Period     135,879    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities     99,275    
Business Combination, Consideration Transferred, Other 70,200        
Indefinite Lived Property Management Contracts     3,100    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables     19,578    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net     $ 334,731    
Proceeds from (Repayments of) Debt $ 335,600        
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]  
The following summarizes the purchase consideration and the purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed at the date the transaction was effective (in thousands):
Acquisition Date Estimated Fair Value
Current assets$19,578 
Property, plant and equipment427,793 
Goodwill135,879 
Identifiable intangible assets19,221 
Other assets16,203 
Assumed long-term debt(184,668)
Other liabilities(99,275)
Net assets acquired$334,731 
      
Falls Creek and Hotham [Member]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill       5,833  
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed       4,600  
Business Combination, Consideration Transferred       127,400 $ 178.9
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment       54,889  
Goodwill, Acquired During Period       71,538  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities       11,894  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables       6,986  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net       127,352  
Stamp Duty Expense       2,900  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]  
The following summarizes the purchase consideration and the purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed at the date the transaction was effective (in thousands):
Acquisition Date Estimated Fair Value
Current assets$6,986 
Property, plant and equipment54,889 
Goodwill71,538 
Identifiable intangible assets and other assets5,833 
Liabilities(11,894)
Net assets acquired$127,352 
      
Stevens Pass [Member]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill       2,680  
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed       1,200  
Business Combination, Cash Consideration Transferred       64,000  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment       34,865  
Goodwill, Acquired During Period       28,878  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities       4,029  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables       752  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net       64,032  
Proceeds from (Repayments of) Debt       70,000  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent       886  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]    
The following summarizes the purchase consideration and the purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed at the date the transaction was effective (in thousands):
Acquisition Date Estimated Fair Value
Current assets$752 
Property, plant and equipment34,865 
Goodwill28,878 
Identifiable intangible assets2,680 
Deferred income taxes, net886 
Liabilities(4,029)
Net assets acquired$64,032 
    
Triple Peaks, LLC [Member]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill       27,360  
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed       2,800  
Business Combination, Cash Consideration Transferred       74,100  
Business Combination, Consideration Transferred       229,100  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment       159,799  
Goodwill, Acquired During Period       51,742  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities       18,098  
Business Combination, Consideration Transferred, Other       155,000  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables       5,197  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net       229,093  
Proceeds from (Repayments of) Debt       195,600  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent       $ 3,093  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]  
The following summarizes the purchase consideration and the purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed at the date the transaction was effective (in thousands):
Acquisition Date Estimated Fair Value
Current assets$5,197 
Property, plant and equipment159,799 
Goodwill51,742 
Identifiable intangible assets27,360 
Deferred income taxes, net3,093 
Liabilities(18,098)
Net assets acquired$229,093