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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2024
Jul. 31, 2023
Apr. 30, 2023
Assets      
Cash and cash equivalents $ 705,429 $ 562,975 $ 896,089
Restricted cash 11,458 10,118 22,544
Trade receivables, net 342,920 381,067 351,597
Inventories, net 107,815 132,548 103,606
Other current assets 63,578 121,403 108,592
Total current assets 1,231,200 1,208,111 1,482,428
Property, plant and equipment, net (Note 7) 2,288,755 2,371,557 2,370,273
Real estate held for sale or investment 86,568 90,207 90,078
Goodwill, net (Note 7) 1,676,610 1,720,344 1,694,033
Intangible assets, net 299,347 309,345 306,519
Operating right-of-use assets 186,924 192,289 199,990
Other assets 39,332 55,901 56,130
Total assets 5,808,736 5,947,754 6,199,451
Liabilities      
Accounts payable and accrued liabilities (Note 7) 851,503 978,021 868,369
Income taxes payable 120,706 83,514 49,022
Long-term debt due within one year (Note 5) 68,470 69,160 68,970
Total current liabilities 1,040,679 1,130,695 986,361
Long-term debt, net (Note 5) 2,700,257 2,750,675 2,773,747
Operating lease liabilities 154,880 168,326 174,363
Other long-term liabilities 306,223 286,261 264,243
Deferred income taxes, net 284,665 276,137 401,240
Total liabilities 4,486,704 4,612,094 4,599,954
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 46,855,000 46,798,000 46,797,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,855, 46,798 and 46,797 shares issued, respectively $ 469 $ 468 $ 468
Additional paid-in capital 1,139,089 1,124,433 1,118,221
Accumulated other comprehensive loss (64,640) (10,358) (42,434)
Retained earnings $ 1,039,023 $ 873,710 $ 1,080,972
Treasury stock, shares 9,231,090 8,648,000 8,243,000
Treasury stock, at cost, 9,231, 8,648 and 8,243 shares, respectively (Note 11) $ (1,110,433) $ (984,306) $ (883,309)
Total Vail Resorts, Inc. stockholders’ equity 1,003,508 1,003,947 1,273,918
Noncontrolling interests 318,524 331,713 325,579
Total stockholders’ equity 1,322,032 1,335,660 1,599,497
Total liabilities and stockholders’ equity $ 5,808,736 $ 5,947,754 $ 6,199,451