v3.23.3
Segment Information (Tables)
 3 Months Ended
Oct. 31, 2023
Segment Reporting [Abstract]  
Summary Of Financial Information By Reportable Segment
The following table presents financial information by reportable segment, which is used by management in evaluating performance and allocating resources (in thousands):
Three Months Ended October 31,
 20232022
Net revenue:
Mountain$172,455 $201,717 
Lodging81,821 77,617 
Total Resort net revenue254,276 279,334 
Real Estate4,289 113 
Total net revenue$258,565 $279,447 
Segment operating expense:
Mountain$312,839 $294,196 
Lodging82,057 81,974 
Total Resort operating expense394,896 376,170 
Real Estate5,181 1,382 
Total segment operating expense$400,077 $377,552 
Gain on sale of real property$6,285 $— 
Mountain equity investment income, net$859 $346 
Reported EBITDA:
Mountain$(139,525)$(92,133)
Lodging(236)(4,357)
Resort(139,761)(96,490)
Real Estate5,393 (1,269)
Total Reported EBITDA$(134,368)$(97,759)
Real estate held for sale or investment$86,465 $95,608 
Reconciliation from net loss attributable to Vail Resorts, Inc. to Total Reported EBITDA:
Net loss attributable to Vail Resorts, Inc.$(175,512)$(136,971)
Net loss attributable to noncontrolling interests(7,535)(6,589)
Net loss(183,047)(143,560)
Benefit from income taxes(65,160)(58,006)
Loss before benefit from income taxes(248,207)(201,566)
Depreciation and amortization66,728 64,614 
Change in estimated fair value of contingent consideration3,057 636 
Loss on disposal of fixed assets and other, net2,043 6 
Investment income and other, net(3,684)(2,886)
Foreign currency loss on intercompany loans4,965 6,135 
Interest expense, net40,730 35,302 
Total Reported EBITDA$(134,368)$(97,759)