VAIL RESORTS INC
For the period ended Apr 30, 2024. Filed Jun 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed Jun 6, 2024
MTN$159.89+0.8%Stored close · as of Nov 9, 2026
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Item 1. Consolidated Condensed Balance Sheets as of April 30, 2024, July 31, 2023 and April 30, 2023
Consolidated Condensed Balance Sheets
(In thousands, except per share amounts)
| April 30, 2024 | July 31, 2023 | April 30, 2023 | |
|---|---|---|---|
| Assets | |||
| Current 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 and Stockholders’ Equity | |||
| Current 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, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding | — | — | — |
| 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, 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.