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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2023
Jul. 31, 2023
Oct. 31, 2022
Assets      
Cash and cash equivalents $ 728,859 $ 562,975 $ 1,180,942
Restricted cash 11,532 10,118 20,121
Trade receivables, net 105,546 381,067 118,491
Inventories, net 157,707 132,548 139,926
Other current assets 130,861 121,403 162,187
Total current assets 1,134,505 1,208,111 1,621,667
Property, plant and equipment, net (Note 7) 2,344,601 2,371,557 2,313,061
Real estate held for sale or investment 86,465 90,207 95,608
Goodwill, net (Note 7) 1,668,028 1,720,344 1,688,731
Intangible assets, net 300,457 309,345 307,410
Operating right-of-use assets 187,128 192,289 192,230
Other assets 38,832 55,901 62,159
Total assets 5,760,016 5,947,754 6,280,866
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,276,525 978,021 1,190,522
Income taxes payable 16,663 83,514 84,372
Long-term debt due within one year (Note 5) 69,659 69,160 67,811
Total current liabilities 1,362,847 1,130,695 1,342,705
Long-term debt, net (Note 5) 2,732,037 2,750,675 2,769,698
Operating lease liabilities 165,462 168,326 176,585
Other long-term liabilities 285,454 286,261 234,301
Deferred income taxes, net 286,036 276,137 205,859
Total liabilities 4,831,836 4,612,094 4,729,148
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 46,851,000 46,798,000 46,789,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,851, 46,798 and 46,789 shares issued, respectively $ 469 $ 468 $ 468
Additional paid-in capital 1,126,033 1,124,433 1,106,813
Accumulated other comprehensive loss (78,376) (10,358) (68,908)
Retained earnings $ 619,727 $ 873,710 $ 705,923
Treasury stock, shares 8,885,358 8,648,000 6,466,000
Treasury Stock, Carrying Basis $ (1,034,822) $ (984,306) $ (479,417)
Total Vail Resorts, Inc. stockholders’ equity 633,031 1,003,947 1,264,879
Noncontrolling interests 295,149 331,713 286,839
Total stockholders’ equity 928,180 1,335,660 1,551,718
Total liabilities and stockholders’ equity $ 5,760,016 $ 5,947,754 $ 6,280,866