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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2022
Jul. 31, 2022
Oct. 31, 2021
Assets      
Cash and cash equivalents $ 1,180,942 $ 1,107,427 $ 1,468,380
Restricted cash 20,121 18,680 14,482
Trade receivables, net 118,491 383,425 108,988
Inventories, net 139,926 108,723 103,697
Other current assets 162,187 173,277 82,307
Total current assets 1,621,667 1,791,532 1,777,854
Property, plant and equipment, net (Note 7) 2,313,061 2,118,052 2,062,322
Real estate held for sale or investment 95,608 95,983 98,833
Goodwill, net (Note 7) 1,688,731 1,754,928 1,790,531
Intangible assets, net 307,410 314,058 319,250
Operating right-of-use assets 192,230 192,070 204,476
Other assets 62,159 51,405 37,285
Total assets 6,280,866 6,318,028 6,290,551
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,190,522 942,830 1,109,652
Income taxes payable 84,372 104,275 43,377
Long-term debt due within one year (Note 5) 67,811 63,749 114,795
Total current liabilities 1,342,705 1,110,854 1,267,824
Long-term debt, net (Note 5) 2,769,698 2,670,300 2,704,583
Operating lease liabilities 176,585 174,567 192,328
Other long-term liabilities 234,301 246,359 243,307
Deferred income taxes, net 205,859 268,464 216,049
Total liabilities 4,729,148 4,470,544 4,624,091
Commitments and contingencies (Note 9)
Stockholders' Equity      
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01 $ 0.01
Preferred stock, shares authorized 25,000,000 25,000,000 25,000,000
Preferred stock, shares issued 0 0 0
Preferred stock, shares outstanding 0 0 0
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding $ 0 $ 0 $ 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000 100,000,000
Common stock, shares issued 46,789,000 46,744,000 46,610,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,789, 46,744 and 46,610 shares issued, respectively $ 468 $ 467 $ 466
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 0 3,000 34,000
Exchangeable shares, $0.01 par value, 0, 3 and 34 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 0
Additional paid-in capital 1,106,813 1,184,577 1,192,901
Accumulated other comprehensive (loss) income (68,908) 10,923 44,689
Retained earnings $ 705,923 $ 895,889 $ 598,826
Treasury stock, shares 6,465,708 6,466,000 6,161,000
Treasury stock, at cost, 6,466, 6,466 and 6,161 shares, respectively (Note 11) $ (479,417) $ (479,417) $ (404,411)
Total Vail Resorts, Inc. stockholders’ equity 1,264,879 1,612,439 1,432,471
Noncontrolling interests 286,839 235,045 233,989
Total stockholders’ equity 1,551,718 1,847,484 1,666,460
Total liabilities and stockholders’ equity $ 6,280,866 $ 6,318,028 $ 6,290,551