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Net Income Per Common Share (Tables)
 3 Months Ended 6 Months Ended
Jan. 31, 2023
Jan. 31, 2023
Earnings Per Share Reconciliation [Abstract]    
Summary of Calculation of Basic And Diluted EPS
Presented below is basic and diluted EPS for the three months ended January 31, 2023 and 2022 (in thousands, except per share amounts):
 Three Months Ended January 31,
 20232022
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$208,679 $208,679 $223,391 $223,391 
Weighted-average Vail Shares outstanding40,327 40,327 40,505 40,505 
Weighted-average Exchangeco Shares outstanding— — 33 33 
Total Weighted-average shares outstanding40,327 40,327 40,538 40,538 
Effect of dilutive securities— 107 — 282 
Total shares40,327 40,434 40,538 40,820 
Net income per share attributable to Vail Resorts$5.17 $5.16 $5.51 $5.47 

The Company computes the effect of dilutive securities using the treasury stock method and average market prices during the period. The number of shares issuable upon the exercise of share-based awards excluded from the calculation of diluted EPS because the effect of their inclusion would have been anti-dilutive totaled approximately 25,000 and zero for the three months ended January 31, 2023 and 2022, respectively.
Presented below is basic and diluted EPS for the six months ended January 31, 2023 and 2022 (in thousands, except per share amounts):
 Six Months Ended January 31,
 20232022
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$71,708 $71,708 $84,059 $84,059 
Weighted-average Vail Shares outstanding40,312 40,312 40,460 40,460 
Weighted-average Exchangeco Shares outstanding1 1 33 33 
Total Weighted-average shares outstanding40,313 40,313 40,493 40,493 
Effect of dilutive securities— 95 — 344 
Total shares40,313 40,408 40,493 40,837 
Net income per share attributable to Vail Resorts$1.78 $1.77 $2.08 $2.06 
The number of shares issuable upon the exercise of share-based awards excluded from the calculation of diluted EPS because the effect of their inclusion would have been anti-dilutive totaled approximately 26,000 and 1,000 for the six months ended January 31, 2023 and 2022, respectively.