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Revenue (Notes)
3 Months Ended
Oct. 31, 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 months ended October 31, 2023 and 2022 (in thousands):
Three Months Ended October 31,
 20232022
Mountain net revenue:
Lift$45,390 $59,540 
Ski School7,178 8,927 
Dining18,077 19,442 
Retail/Rental33,474 40,344 
Other68,336 73,464 
Total Mountain net revenue$172,455 $201,717 
Lodging net revenue:
Owned hotel rooms$25,177 $23,565 
Managed condominium rooms12,003 12,859 
Dining 18,083 16,829 
Golf6,376 5,890 
Other16,723 14,797 
78,362 73,940 
Payroll cost reimbursements3,459 3,677 
Total Lodging net revenue $81,821 $77,617 
Total Resort net revenue$254,276 $279,334 
Total Real Estate net revenue4,289 113 
Total net revenue$258,565 $279,447 

Contract Balances
Deferred revenue balances of a short-term nature were $872.4 million and $572.6 million as of October 31, 2023 and July 31, 2023, respectively. For the three months ended October 31, 2023, the Company recognized approximately $56.5 million of revenue that was included in the deferred revenue balance as of July 31, 2023. Deferred revenue balances of a long-term nature, comprised primarily of long-term private club initiation fee revenue, were $107.9 million, $109.7 million and $115.6 million as of October 31, 2023, July 31, 2023 and October 31, 2022, respectively. As of October 31, 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.

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 were $21.8 million, $5.1 million and $19.7 million as of October 31, 2023, July 31, 2023 and October 31, 2022, respectively. The amounts capitalized are subject to amortization generally beginning in the second quarter of each fiscal year, commensurate with the recognition of revenue for related pass products, and will be recorded within Mountain and Lodging operating expense on the Company’s Consolidated Condensed Statements of Operations.