Segment Information (Tables)

3 Months Ended

Oct. 31, 2021

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,
	2021		2020 (1)
Net revenue:
Mountain	$	109,300	$	99,479
Lodging	65,961		32,053
Total Resort net revenue	175,261		131,532
Real Estate	315		254
Total net revenue	$	175,576	$	131,786
Segment operating expense:
Mountain	$	221,778	$	188,625
Lodging	63,410		41,673
Total Resort operating expense	285,188		230,298
Real Estate	1,470		1,450
Total segment operating expense	$	286,658	$	231,748
Gain on sale of real property	$	31	$	—
Mountain equity investment income, net	$	1,514	$	3,986
Reported EBITDA:
Mountain	$	(110,964)	$	(85,160)
Lodging	2,551		(9,620)
Resort	(108,413)		(94,780)
Real Estate	(1,124)		(1,196)
Total Reported EBITDA	$	(109,537)	$	(95,976)
Real estate held for sale or investment	$	98,833	$	96,668
Reconciliation from net loss attributable to Vail Resorts, Inc. to Total Reported EBITDA:
Net loss attributable to Vail Resorts, Inc.	$	(139,332)	$	(153,766)
Net loss attributable to noncontrolling interests	(3,189)		(3,255)
Net loss	(142,521)		(157,021)
Benefit from income taxes	(59,853)		(37,478)
Loss before benefit from income taxes	(202,374)		(194,499)
Depreciation and amortization	61,489		62,628
Change in estimated fair value of contingent consideration	2,000		802
(Gain) loss on disposal of fixed assets and other, net	(8,867)		569
Investment income and other, net	(499)		(343)
Foreign currency gain on intercompany loans	(831)		(540)
Interest expense, net	39,545		35,407
Total Reported EBITDA	$	(109,537)	$	(95,976)