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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2024
Jul. 31, 2023
Jan. 31, 2023
Assets      
Cash and cash equivalents $ 812,163 $ 562,975 $ 1,295,252
Restricted cash 13,329 10,118 24,103
Trade receivables, net 138,269 381,067 160,393
Inventories, net 134,839 132,548 122,088
Other current assets 80,204 121,403 158,295
Total current assets 1,178,804 1,208,111 1,760,131
Property, plant and equipment, net (Note 7) 2,349,424 2,371,557 2,421,395
Real estate held for sale or investment 86,737 90,207 90,354
Goodwill, net (Note 7) 1,699,909 1,720,344 1,723,019
Intangible assets, net 304,115 309,345 310,666
Operating right-of-use assets 189,838 192,289 200,667
Other assets 38,837 55,901 58,730
Total assets 5,847,664 5,947,754 6,564,962
Liabilities      
Accounts payable and accrued liabilities (Note 7) 1,141,624 978,021 1,144,795
Income taxes payable 18,015 83,514 73,559
Long-term debt due within one year (Note 5) 69,135 69,160 69,582
Total current liabilities 1,228,774 1,130,695 1,287,936
Long-term debt, net (Note 5) 2,721,598 2,750,675 2,789,827
Operating lease liabilities 168,716 168,326 184,298
Other long-term liabilities 291,330 286,261 237,478
Deferred income taxes, net 286,581 276,137 288,072
Total liabilities 4,696,999 4,612,094 4,787,611
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 46,852,000 46,798,000 46,795,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,852, 46,798 and 46,795 shares issued, respectively $ 469 $ 468 $ 468
Additional paid-in capital 1,133,275 1,124,433 1,112,519
Accumulated other comprehensive loss (29,838) (10,358) (8,565)
Retained earnings $ 760,820 $ 873,710 $ 837,573
Treasury stock, shares 8,885,358 8,648,000 6,466,000
Treasury stock, at cost, 8,885, 8,648 and 6,466 shares, respectively (Note 11) $ (1,034,822) $ (984,306) $ (479,417)
Total Vail Resorts, Inc. stockholders’ equity 829,904 1,003,947 1,462,578
Noncontrolling interests 320,761 331,713 314,773
Total stockholders’ equity 1,150,665 1,335,660 1,777,351
Total liabilities and stockholders’ equity $ 5,847,664 $ 5,947,754 $ 6,564,962