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Net Income Per Common Share (Tables)
 6 Months Ended
Jan. 31, 2024
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, 2024 and 2023 (in thousands, except per share amounts):
 Three Months Ended January 31,
 20242023
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$219,299 $219,299 $208,679 $208,679 
Weighted-average Vail Shares outstanding37,967 37,967 40,327 40,327 
Effect of dilutive securities— 79 — 107 
Total shares37,967 38,046 40,327 40,434 
Net income per share attributable to Vail Resorts$5.78 $5.76 $5.17 $5.16 
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 15,000 and 25,000 for the three months ended January 31, 2024 and 2023, respectively.
Presented below is basic and diluted EPS for the six months ended January 31, 2024 and 2023 (in thousands, except per share amounts):
 Six Months Ended January 31,
 20242023
 BasicDilutedBasicDiluted
Net income per share:
Net income attributable to Vail Resorts$43,787 $43,787 $71,708 $71,708 
Weighted-average Vail Shares outstanding38,042 38,042 40,312 40,312 
Weighted-average Exchangeco Shares outstanding— — 1 1 
Total Weighted-average shares outstanding38,042 38,042 40,313 40,313 
Effect of dilutive securities— 91 — 95 
Total shares38,042 38,133 40,313 40,408 
Net income per share attributable to Vail Resorts$1.15 $1.15 $1.78 $1.77 
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 18,000 and 26,000 for the six months ended January 31, 2024 and 2023 respectively.