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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Jan. 31, 2022
Assets      
Cash and cash equivalents $ 1,295,252 $ 1,107,427 $ 1,407,019
Restricted cash 24,103 18,680 15,643
Trade receivables, net 160,393 383,425 167,088
Inventories, net 122,088 108,723 104,573
Other current assets 158,295 173,277 73,104
Total current assets 1,760,131 1,791,532 1,767,427
Property, plant and equipment, net (Note 7) 2,421,395 2,118,052 2,190,332
Real estate held for sale or investment 90,354 95,983 95,331
Goodwill, net (Note 7) 1,723,019 1,754,928 1,764,106
Intangible assets, net 310,666 314,058 318,078
Operating right-of-use assets 200,667 192,070 198,672
Other assets 58,730 51,405 35,796
Total assets 6,564,962 6,318,028 6,369,742
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,144,795 942,830 1,067,137
Income taxes payable 73,559 104,275 24,153
Long-term debt due within one year (Note 5) 69,582 63,749 63,746
Total current liabilities 1,287,936 1,110,854 1,155,036
Long-term debt, net (Note 5) 2,789,827 2,670,300 2,695,589
Operating lease liabilities 184,298 174,567 188,797
Other long-term liabilities 237,478 246,359 254,209
Deferred income taxes, net 288,072 268,464 282,427
Total liabilities 4,787,611 4,470,544 4,576,058
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 46,795,000 46,744,000 46,713,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,795, 46,744 and 46,713 shares issued, respectively $ 468 $ 467 $ 467
Exchangeable Shares Par Value Per Share $ 0.01 $ 0.01 $ 0.01
Exchangeable Shares, Shares, Issued 0 3,000 33,000
Exchangeable shares, $0.01 par value, 0, 3 and 33 shares issued and outstanding, respectively (Note 4) $ 0 $ 0 $ 0
Additional paid-in capital 1,112,519 1,184,577 1,172,595
Accumulated other comprehensive (loss) income (8,565) 10,923 10,418
Retained earnings $ 837,573 $ 895,889 $ 786,473
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 1,462,578 1,612,439 1,565,542
Noncontrolling interests 314,773 235,045 228,142
Total stockholders’ equity 1,777,351 1,847,484 1,793,684
Total liabilities and stockholders’ equity $ 6,564,962 $ 6,318,028 $ 6,369,742