v3.24.3
Segment Information (Tables)
 3 Months Ended
Oct. 31, 2024
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,
 20242023
Net revenue:
Mountain$173,296 $172,455 
Lodging86,916 81,821 
Total Resort net revenue260,212 254,276 
Real Estate63 4,289 
Total net revenue$260,275 $258,565 
Segment operating expense:
Mountain$319,509 $312,839 
Lodging82,559 82,057 
Total Resort operating expense402,068 394,896 
Real Estate1,491 5,181 
Total segment operating expense$403,559 $400,077 
Gain on sale of real property$16,506 $6,285 
Mountain equity investment income, net$2,151 $859 
Reported EBITDA:
Mountain$(144,062)$(139,525)
Lodging4,357 (236)
Resort(139,705)(139,761)
Real Estate15,078 5,393 
Total Reported EBITDA$(124,627)$(134,368)
Real estate held for sale or investment$85,317 $86,465 
Reconciliation from loss attributable to Vail Resorts, Inc. to Total Reported EBITDA:
Net loss attributable to Vail Resorts, Inc.$(172,836)$(175,512)
Net loss attributable to noncontrolling interests(8,708)(7,535)
Net loss(181,544)(183,047)
Benefit from income taxes(58,249)(65,160)
Loss before benefit from income taxes(239,793)(248,207)
Depreciation and amortization71,633 66,728 
Change in estimated fair value of contingent consideration2,079 3,057 
Loss on disposal of fixed assets and other, net1,529 2,043 
Investment income and other, net(2,493)(3,684)
Foreign currency loss on intercompany loans264 4,965 
Interest expense, net42,154 40,730 
Total Reported EBITDA$(124,627)$(134,368)