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Revenue (Notes)
9 Months Ended
Apr. 30, 2023
Revenue [Abstract]  
Revenue from Contract with Customer [Text Block]
Disaggregation of Revenues
The following table presents net revenues disaggregated by segment and major revenue type for the three and nine months ended April 30, 2023 and 2022 (in thousands):
Three Months Ended April 30,Nine Months Ended April 30,
 2023202220232022
Mountain net revenue:
Lift$710,052 $714,708 $1,362,195 $1,250,619 
Ski School145,134 120,897 277,512 214,442 
Dining101,683 79,826 206,953 146,395 
Retail/Rental135,008 126,497 335,284 281,704 
Other52,853 42,707 177,945 135,150 
Total Mountain net revenue$1,144,730 $1,084,635 $2,359,889 $2,028,310 
Lodging net revenue:
Owned hotel rooms$15,091 $18,295 $52,135 $53,362 
Managed condominium rooms38,409 37,494 82,604 83,703 
Dining 15,422 14,646 45,435 33,296 
Transportation6,924 6,862 14,272 14,421 
Golf— — 6,072 5,138 
Other12,380 9,925 37,235 31,641 
88,226 87,222 237,753 221,561 
Payroll cost reimbursements5,320 4,679 13,987 8,281 
Total Lodging net revenue $93,546 $91,901 $251,740 $229,842 
Total Resort net revenue$1,238,276 $1,176,536 $2,611,629 $2,258,152 
Total Real Estate net revenue155 129 7,967 624 
Total net revenue$1,238,431 $1,176,665 $2,619,596 $2,258,776 

Contract Balances
Deferred revenue balances of a short-term nature were $448.3 million and $511.3 million as of April 30, 2023 and July 31, 2022, respectively. For the three and nine months ended April 30, 2023, the Company recognized approximately $201.5 million and $476.1 million, respectively, of revenue that was included in the deferred revenue balance as of July 31, 2022. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $111.4 million, $117.2 million and $119.2 million as of April 30, 2023, July 31, 2022 and April 30, 2022, respectively. As of April 30, 2023, the weighted average remaining period over which revenue for unsatisfied performance obligations on long-term private club contracts will be recognized was approximately 15 years. Trade receivables, net were $351.6 million and $383.4 million as of April 30, 2023 and July 31, 2022, respectively.

Costs to Obtain Contracts with Customers
Costs to obtain contracts with customers are recorded within other current assets on the Company’s Consolidated Condensed Balance Sheets, and comprised $3.0 million, $3.8 million and $1.3 million as of April 30, 2023, July 31, 2022 and April 30, 2022, respectively. The amounts capitalized are subject to amortization commensurate with the revenue recognized for related pass products, which is recorded within Mountain and Lodging operating expenses on the Company’s Consolidated Condensed Statements of Operations. The Company recorded amortization of $12.3 million and $24.6 million, respectively, for these costs during the three and nine months ended April 30, 2023, and recorded amortization of $11.8 million and $21.9 million, respectively, for these costs during the three and nine months ended April 30, 2022.