XML 21 R80.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Guarantor Subsidiaries And Non-Guarantor Subsidiaries (Supplemental Condensed Consolidating Statement Of Operations) (Details) (USD $)
In Thousands
3 Months Ended 12 Months Ended
Jul. 31, 2011
Apr. 30, 2011
Jan. 31, 2011
Oct. 31, 2010
Jul. 31, 2010
Apr. 30, 2010
Jan. 31, 2010
Oct. 31, 2009
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Total net revenue $ 108,673 $ 422,116 $ 395,100 $ 241,157 $ 144,190 $ 357,257 $ 306,650 $ 86,706 $ 1,167,046 $ 894,803 $ 1,004,353
Total operating expense                 1,072,574 825,494 898,219
Income from operations (77,828) 139,495 97,061 (64,256) (57,841) 118,323 73,541 (64,714) 94,472 69,309 106,134
Other (expense) income, net                 (40,294) (17,070) (25,755)
Equity investment income, net                 1,342 1,558 817
Income before provision for income taxes                 55,520 53,797 81,196
Provision for income taxes (Note 11)                 (21,098) (18,022) (30,644)
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 34,422 35,775 50,552
Net income (53,935) 76,840 54,577 (43,060) (42,184) 76,391 45,079 (43,511) 34,422 35,775 50,552
Net loss (income) attributable to noncontrolling interests                 67 (5,390) (1,602)
Net income (loss) attributable to Vail Resorts, Inc. (53,906) 76,867 54,551 (43,023) (41,921) 72,789 40,690 (41,173) 34,489 30,385 48,950
Parent Company [Member]
                     
Total operating expense                 522 792 498
Income from operations                 (522) (792) (498)
Other (expense) income, net                 (34,244) (27,034) (27,035)
Income before provision for income taxes                 (34,766) (27,826) (27,533)
Provision for income taxes (Note 11)                 14,235 9,457 10,600
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 (20,531) (18,369) (16,933)
Equity in income (loss) of consolidated subsidiaries                 55,020 48,754 65,883
Net income                 34,489 30,385 48,950
Net income (loss) attributable to Vail Resorts, Inc.                 34,489 30,385 48,950
100% Owned Guarantor Subsidiaries [Member]
                     
Total net revenue                 1,166,706 894,409 1,003,079
Total operating expense                 1,070,054 821,318 895,941
Income from operations                 96,652 73,091 107,138
Other (expense) income, net                 (4,908) 10,885 3,663
Equity investment income, net                 1,342 1,558 817
Income before provision for income taxes                 93,086 85,534 111,618
Provision for income taxes (Note 11)                 (35,333) (27,479) (41,244)
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 57,753 58,055 70,374
Equity in income (loss) of consolidated subsidiaries                 (2,733) (3,580) (3,364)
Net income                 55,020 54,475 67,010
Net loss (income) attributable to noncontrolling interests                   (5,721) (1,127)
Net income (loss) attributable to Vail Resorts, Inc.                 55,020 48,754 65,883
Other Subsidiaries [Member]
                     
Total net revenue                 12,212 11,041 10,602
Total operating expense                 13,718 13,879 10,956
Income from operations                 (1,506) (2,838) (354)
Other (expense) income, net                 (1,294) (1,073) (2,535)
Income before provision for income taxes                 (2,800) (3,911) (2,889)
Net (loss) income before equity in income (loss) of consolidated subsidiaries                 (2,800) (3,911) (2,889)
Net income                 (2,800) (3,911) (2,889)
Net loss (income) attributable to noncontrolling interests                 67 331 (475)
Net income (loss) attributable to Vail Resorts, Inc.                 (2,733) (3,580) (3,364)
Eliminating Entries [Member]
                     
Total net revenue                 (11,872) (10,647) (9,328)
Total operating expense                 (11,720) (10,495) (9,176)
Income from operations                 (152) (152) (152)
Other (expense) income, net                 152 152 152
Equity in income (loss) of consolidated subsidiaries                 (52,287) (45,174) (62,519)
Net income                 (52,287) (45,174) (62,519)
Net income (loss) attributable to Vail Resorts, Inc.                 $ (52,287) $ (45,174) $ (62,519)