7Baggers
Quarterly
Annual
    Unit: USD2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-07-31 2023-04-30 2023-01-31 2022-10-31 2022-07-31 2022-04-30 2022-01-31 2021-10-31 2021-07-31 2021-04-30 2021-01-31 2020-10-31 2020-07-31 2020-04-30 2020-01-31 2019-10-31 2019-07-31 2019-04-30 2019-01-31 2018-10-31 2018-07-31 2018-04-30 2018-01-31 2017-10-31 2017-07-31 2017-04-30 2017-01-31 2016-10-31 2016-07-31 2016-04-30 2016-01-31 2015-10-31 2015-07-31 2015-04-30 2015-01-31 2014-10-31 2014-07-31 2013-07-31 2012-07-31 2011-10-31 2011-07-31 2011-04-30 2011-01-31 2010-10-31 2010-07-31 2010-04-30 2010-01-31 2009-04-30 2009-01-31 2008-07-31 2007-07-31 2007-04-30 2007-01-31 2006-07-31 2006-04-30 2005-07-31 2005-01-31 
      
    		                                                                 
      net revenue:
    		                                                                 
      mountain and lodging services and other
    		205,738,000 1,115,031,000 957,091,000 187,050,000 201,721,000 1,098,619,000 905,053,000 182,834,000 205,818,000 1,054,134,000 901,837,000 210,386,000 203,843,000 1,020,544,000 770,300,000 121,860,000 154,278,000 794,393,000 597,110,000 104,274,000 61,784,000 582,890,000 753,758,000 180,031,000 175,973,000 800,816,000 687,119,000 144,022,000 146,557,000 700,033,000 594,372,000 143,348,000                                  
      mountain and lodging retail and dining
    		65,465,000 180,412,000 179,963,000 73,162,000 63,579,000 184,494,000 172,745,000 71,442,000 63,852,000 184,142,000 192,182,000 68,948,000 63,209,000 155,992,000 136,055,000 53,401,000 49,523,000 93,885,000 87,219,000 27,258,000 15,362,000 110,799,000 170,674,000 83,559,000 67,916,000 156,930,000 162,203,000 75,884,000 65,002,000 141,318,000 140,069,000 76,866,000                                  
      resort net revenue
    		271,203,000 1,295,443,000 1,137,054,000 260,212,000 265,300,000 1,283,113,000 1,077,798,000 254,276,000 269,670,000 1,238,276,000 1,094,019,000 279,334,000 267,052,000 1,176,536,000 906,355,000 175,261,000 203,801,000 888,278,000 684,329,000 131,532,000 77,146,000 693,689,000 924,432,000 263,590,000 243,889,000 957,746,000 849,322,000 219,906,000 211,559,000 841,351,000 734,441,000 220,214,000                                  
      real estate
    		86,000 115,000 171,000 63,000 86,000 169,000 160,000 4,289,000 98,000 155,000 7,699,000 113,000 84,000 129,000 180,000 315,000 401,000 800,000 315,000 254,000 63,000 398,000 206,000 4,180,000 117,000 241,000 256,000 98,000 78,000 3,140,000 134,000 636,000 6,737,000 4,870,000 5,215,000 96,000 7,362,000 1,734,000 3,684,000 9,348,000 11,648,000 12,469,000 7,842,000 9,383,000   34,054,000 13,109,000 186,976,000 13,221,000 25,147,000 149,261,000 57,843,000 3,164,000 870,000 165,314,000 155,907,000  95,574,000 17,134,000 56,216,000 55,480,000 7,124,000 64,908,000 7,873,000 
      total net revenue
    		271,289,000 1,295,558,000 1,137,225,000 260,275,000 265,386,000 1,283,282,000 1,077,958,000 258,565,000 269,768,000 1,238,431,000 1,101,718,000 279,447,000 267,136,000 1,176,665,000 906,535,000 175,576,000 204,202,000 889,078,000 684,644,000 131,786,000 77,209,000 694,087,000 924,638,000 267,770,000 244,006,000 957,987,000 849,578,000 220,004,000 211,637,000 844,491,000 734,575,000 220,850,000 209,124,000 794,631,000 725,198,000 178,265,000 179,884,000 647,472,000 599,363,000 174,567,000 162,082,000 579,343,000 530,237,000 128,262,000   908,021,000 116,373,000 752,572,000 414,474,000 388,144,000 234,418,000 518,378,000 350,254,000 300,524,000 875,060,000 541,577,000  571,047,000 369,489,000 361,038,000 497,463,000 341,389,000 545,359,000 264,628,000 
      yoy
    		2.22% 0.96% 5.50% 0.66% -1.62% 3.62% -2.16% -7.47% 0.99% 5.25% 21.53% 59.16% 30.82% 32.35% 32.41% 33.23% 164.48% 28.09% -25.96% -50.78% -68.36% -27.55% 8.83% 21.71% 15.29% 13.44% 15.66% -0.38% 1.20% 6.27% 1.29% 23.89% 16.25% 22.73% 20.99% 2.12% 10.98% 11.76% 13.04% 36.10%   -41.61% 10.22%   133.94% -50.36% 45.18% 18.34% 29.16% -73.21% -4.28%  -47.37% 136.83% 50.01%  67.27% -32.25% 36.43%     
      qoq
    		-79.06% 13.92% 336.93% -1.93% -79.32% 19.05% 316.90% -4.15% -78.22% 12.41% 294.25% 4.61% -77.30% 29.80% 416.32% -14.02% -77.03% 29.86% 419.51% 70.69% -88.88% -24.93% 245.31% 9.74% -74.53% 12.76% 286.16% 3.95% -74.94% 14.96% 232.61% 5.61% -73.68% 9.57% 306.81% -0.90% -72.22% 8.03% 243.34% 7.70% -72.02% 9.26% 313.40%    680.27% -84.54% 81.57% 6.78% 65.58% -54.78% 48.00% 16.55% -65.66% 61.58%   54.55% 2.34% -27.42% 45.72% -37.40% 106.09%  
      operating expense
    		                                                                 
      mountain and lodging operating expense
    		262,983,000 483,161,000 495,585,000 266,264,000 257,441,000 471,182,000 474,170,000 255,576,000 242,209,000 462,613,000 507,216,000 242,286,000 215,480,000 417,422,000 364,336,000 183,725,000 194,509,000 317,836,000 293,971,000 154,137,000 117,121,000 285,764,000 387,842,000 228,710,000 207,278,000 349,647,000 350,633,000 194,112,000 186,027,000 301,760,000 297,503,000 181,276,000                                  
      mountain and lodging retail and dining cost of products sold
    		25,824,000 59,206,000 68,011,000 28,947,000 27,031,000 64,439,000 65,289,000 31,295,000 29,187,000 63,575,000 75,431,000 35,085,000 27,296,000 57,174,000 53,715,000 24,229,000 22,101,000 35,937,000 37,366,000 17,132,000 11,533,000 42,663,000 67,135,000 37,735,000 32,048,000 59,615,000 63,505,000 34,876,000 26,900,000 54,289,000 57,237,000 35,679,000                                  
      general and administrative
    		106,306,000 106,011,000 114,540,000 106,857,000 95,074,000 94,214,000 112,714,000 108,025,000 85,190,000 88,860,000 116,616,000 98,799,000 87,234,000 91,764,000 91,261,000 77,234,000 86,549,000 73,294,000 78,121,000 59,029,000 51,520,000 60,818,000 91,302,000 75,055,000 64,461,000 68,213,000 77,362,000 64,379,000 57,026,000 66,181,000 70,736,000 57,863,000                                  
      resort operating expense
    		395,113,000 648,378,000 678,136,000 402,068,000 379,546,000 629,835,000 652,173,000 394,896,000 356,586,000 615,048,000 699,263,000 376,170,000 330,010,000 566,360,000 509,312,000 285,188,000 303,159,000 427,067,000 409,458,000 230,298,000 180,174,000 389,245,000 546,279,000 341,500,000 303,787,000 477,475,000 491,500,000 293,367,000 269,953,000 422,230,000 425,476,000 274,818,000                                  
      real estate operating expense
    		1,227,750 1,662,000 1,758,000 1,491,000 2,028,750 1,258,000 1,676,000 5,181,000 2,342,750 1,679,000 6,310,000 1,382,000 1,147,500 1,609,000 1,511,000 1,470,000 1,272,000 2,023,000 1,615,000 1,450,000 1,981,500 1,128,000 1,505,000 5,293,000 1,035,250 1,382,000 1,389,000                                       
      total segment operating expense
    		396,415,000 650,040,000 679,894,000 403,559,000 380,945,000 631,093,000 653,849,000 400,077,000 357,850,000 616,727,000 705,573,000 377,552,000 331,331,000 567,969,000 510,823,000 286,658,000 304,747,000 429,090,000 411,073,000 231,748,000 181,430,000 390,373,000 547,784,000 346,793,000 305,255,000 478,857,000 492,889,000 294,737,000 271,198,000 421,633,000 426,683,000 276,509,000 260,155,000 408,105,000 420,763,000 233,818,000 229,901,000 342,475,000 358,184,000 221,936,000 210,919,000 313,429,000 332,764,000 201,320,000   664,315,000 171,703,000 710,055,000 241,446,000 260,407,000 271,034,000 490,020,000 204,137,000 199,223,000 630,006,000 431,891,000  512,766,000 209,384,000 241,019,000 451,169,000 191,316,000 447,479,000 180,133,000 
      other operating income:
    		                                                                 
      depreciation and amortization
    		-77,079,000 -74,618,000 -73,107,000 -71,633,000 -71,880,000 -68,486,000 -69,399,000 -66,728,000 -68,801,000 -69,097,000 -65,989,000 -64,614,000 -63,177,000 -65,655,000 -62,070,000 -61,489,000 -63,223,000 -64,071,000 -62,663,000 -62,628,000 -63,185,000 -64,730,000 -63,812,000 -57,845,000 -56,576,000 -55,260,000 -55,238,000 -51,043,000 -50,330,000 -54,104,000 -51,404,000 -48,624,000 -48,921,000 -50,029,000 -49,626,000 -40,581,000 -40,775,000 -41,472,000 -40,541,000 -38,700,000 -37,536,000 -38,242,000 -37,376,000 -35,969,000   -98,651,000 -28,930,000 -87,020,000 -30,937,000 -30,276,000 -27,732,000    80,098 52,516       -66,695,000 -23,273,000 
      gain on sale of real property
    		 7,898,000  16,506,000    6,285,000 -3,000 88,000 757,000  125,000 189,000 931,000 31,000 135,000 189,000      207,000 312,000 268,000     515,000  300,000   6,466,000 3,485,000 19,000 632,000 1,159,000  151,000                        
      change in estimated fair value of contingent consideration
    		-5,300,000 -1,900,000 -100,000 -2,079,000 -5,000,000 -36,500,000 -3,400,000 -3,057,000 -2,200,000 -45,900,000 -1,100,000 -636,000 1,300,000 -2,800,000 -16,780,000 -2,000,000 -3,050,500 -10,400,000 -1,000,000 -802,000 1,316,000 8,000,000 -1,600,000 -1,136,000 -866,750 -1,567,000 -700,000 -1,200,000 613,500 2,454,000   -3,775,000 -14,500,000 -300,000 -300,000                              
      gain on disposal of fixed assets and other
    		3,902,000 4,267,000 293,000      -1,015,000 -6,269,000 -1,780,000 -6,000 27,829,000 -51,000 7,347,000 8,867,000 -4,611,000 1,999,000 -2,192,000 -569,000 -340,000 -380,000 -709,000 2,267,000 126,250 27,000 1,097,000 -619,000   538,000          -213,000 -71,000                        
      income from operations
    		-203,603,000 581,165,000 384,417,000 -202,019,000 -198,700,000 546,632,000 350,552,000 -207,055,000 -160,101,000 500,526,000 328,033,000 -163,361,000 -98,118,000 540,379,000 325,140,000 -165,673,000 -170,444,000 387,705,000 207,716,000 -163,961,000 -170,046,000 218,232,000 310,733,000 -135,530,000 -120,582,000 422,598,000 301,848,000 -127,595,000 -112,986,000 367,978,000 257,541,000 -103,716,000 -102,577,000 320,073,000 252,278,000 -90,518,000 -93,776,000 263,380,000 200,064,000 -86,689,000 -88,478,000 227,752,000 160,071,000 -88,832,000   143,705,000 -84,374,000 -45,023,000 139,495,000 97,061,000 -64,256,000 -49,014,000 118,323,000 73,541,000 164,148,000 56,568,000  -7,978,000 136,184,000 97,750,000 -17,906,000 123,245,000 27,730,000 60,599,000 
      yoy
    		2.47% 6.32% 9.66% -2.43% 24.11% 9.21% 6.86% 26.75% 63.17% -7.38% 0.89% -1.40% -42.43% 39.38% 56.53% 1.04% 0.23% 77.66% -33.15% 20.98% 41.02% -48.36% 2.94% 6.22% 6.72% 14.84% 17.20% 23.02% 10.15% 14.97% 2.09% 14.58% 9.39% 21.53% 26.10% 4.42% 5.99% 15.64% 24.98% -2.41%   11.39% 5.28%   48.06% 31.31% -8.14% 17.89% 31.98% -139.15% -186.65%  -1021.80% 20.53% -42.13%  -106.47% 391.11% 61.31%     
      qoq
    		-135.03% 51.18% -290.29% 1.67% -136.35% 55.93% -269.30% 29.33% -131.99% 52.58% -300.80% 66.49% -118.16% 66.20% -296.25% -2.80% -143.96% 86.65% -226.69% -3.58% -177.92% -29.77% -329.27% 12.40% -128.53% 40.00% -336.57% 12.93% -130.70% 42.88% -348.31% 1.11% -132.05% 26.87% -378.70% -3.47% -135.60% 31.65% -330.78% -2.02% -138.85% 42.28% -280.20%    -270.32% 87.40% -132.28% 43.72% -251.05% 31.10% -141.42% 60.89% -55.20% 190.18%   -105.86% 39.32% -645.91% -114.53% 344.45% -54.24%  
      operating margin %
    		-75.05% 44.86% 33.80% -77.62% -74.87% 42.60% 32.52% -80.08% -59.35% 40.42% 29.77% -58.46% -36.73% 45.92% 35.87% -94.36% -83.47% 43.61% 30.34% -124.41% -220.24% 31.44% 33.61% -50.61% -49.42% 44.11% 35.53% -58.00% -53.39% 43.57% 35.06% -46.96% -49.05% 40.28% 34.79% -50.78% -52.13% 40.68% 33.38% -49.66% -54.59% 39.31% 30.19% -69.26%   15.83% -72.50% -5.98% 33.66% 25.01% -27.41% -9.46% 33.78% 24.47% 18.76% 10.45%  -1.40% 36.86% 27.07% -3.60% 36.10% 5.08% 22.90% 
      mountain equity investment income
    		357,000 666,000 745,000 2,151,000 -320,000 1,093,000 -579,000 859,000 123,000 94,000 42,000 346,000 -115,000 363,000 818,000 1,514,000 521,000 1,011,000 1,180,000 3,986,000 420,000 -90,000 169,000 1,191,000 405,000 445,000 160,000 950,000 429,000 607,000 -35,000 522,000 373,000 521,000 157,000 832,000 291,000 211,000 -61,000 842,000 426,000 -129,000 200,000 325,000   448,000 430,000 936,000 406,000 138,000 780,000 720,000 838,000 207,000 1,766,000 2,176,000  3,399,000 1,660,000 1,496,000 3,096,000 780,000 1,532,000 771,000 
      investment income and other
    		1,458,000 3,154,000 3,021,000 2,493,000 4,949,000 5,096,000 4,863,000 3,684,000 6,010,000 7,740,000 7,108,000 2,886,000 2,738,000 224,000 257,000 499,000 -271,000 347,000 167,000 343,000 306,000 361,000 361,000 277,000 389,000 1,727,000 507,000 463,000 428,000 736,000 397,000 383,000 233,000 210,000 1,148,000 4,523,000                              
      foreign currency gain on intercompany loans
    		-33,000 1,702,000 -1,385,000    3,040,000    2,338,000 -6,135,000 397,000 -1,040,000 -2,870,000 831,000 -1,550,000 4,157,000 5,135,000 540,000   -798,000 360,000   450,000    10,337,000                                   
      interest expense
    		-45,789,000 -41,317,000 -42,368,000 -42,154,000 -40,671,000 -39,853,000 -40,585,000 -40,730,000 -40,211,000 -39,139,000 -38,370,000 -35,302,000 -36,140,000 -35,132,000 -37,366,000 -39,545,000 -39,112,000 -39,033,000 -37,847,000 -35,407,000 -33,418,000 -24,479,000 -26,134,000 -22,690,000 -20,281,000 -19,575,000 -21,002,000 -18,638,000 -16,431,000 -15,648,000 -15,973,000 -15,174,000    -11,964,000 -10,461,000 -10,400,000 -10,910,000 -10,595,000 -10,131,000 -13,735,000 -13,807,000 -13,568,000   -25,345,000 -8,241,000 -25,126,000 -8,515,000 -8,659,000 -7,936,000            -29,489,000 -10,809,000 
      income before benefit from income taxes
    		-247,610,000 545,370,000 344,430,000 -239,793,000 -234,652,000 510,663,000 317,291,000 -248,207,000 -191,523,000 467,455,000 299,151,000 -201,566,000 -131,238,000 504,794,000 285,979,000 -202,374,000 -210,856,000 354,187,000 176,351,000 -194,499,000 -197,777,000 186,271,000 284,331,000 -156,392,000 -137,743,000 401,876,000 281,963,000 -147,131,000 117,776,750 344,171,000 252,267,000 -125,331,000 -96,450,000 297,491,000 244,535,000 -97,127,000 -103,732,000 253,341,000 189,254,000 -96,244,000 -109,104,000 214,007,000 146,526,000 -102,101,000   119,213,000 -92,121,000 -69,365,000 124,885,000 88,766,000 -71,174,000 -61,832,000 115,629,000 69,792,000 141,420,000 43,044,000  -28,050,000 128,701,000 86,928,000 28,007,000 112,028,000   
      benefit from income taxes
    		54,703,000 -131,042,000 -86,331,000 58,249,000 52,790,000 -129,280,000 -87,486,000 65,160,000 56,901,000 -124,289,000  58,006,000 21,583,000 -118,211,000  59,853,000 65,914,000 -76,897,000 -27,221,000 37,478,000 39,812,000 -26,440,000 -67,313,000 46,563,000 45,442,000 -93,346,000 -63,973,000 36,405,000 4,478,500 -71,896,000 -3,594,000 93,404,000 35,202,000 -100,635,000 -84,807,000 33,509,000 38,448,000 -95,804,000 -72,383,000 36,574,000 38,936,000 -80,605,000 -30,826,000 37,777,000   -47,088,000 36,387,000 26,947,000 -48,045,000 -34,209,000 28,114,000              
      net income
    		-192,907,000 414,328,000 258,099,000 -181,544,000 -181,862,000 381,383,000 229,805,000 -183,047,000 -134,622,000 343,166,000 220,119,000 -143,560,000 -109,655,000 386,583,000 233,930,000 -142,521,000 -144,942,000 277,290,000 149,130,000 -157,021,000 -157,965,000 159,831,000 217,018,000 -109,829,000 -92,301,000 308,530,000 217,990,000 -110,726,000 -87,791,000 272,275,000 248,673,000 -31,927,000 -61,248,000 196,856,000 159,728,000 -63,618,000 -65,284,000 157,537,000 116,871,000 -59,670,000 -70,168,000 133,402,000 115,700,000 -64,324,000   72,125,000 -55,734,000 -42,418,000 76,840,000 54,557,000 -43,060,000 -40,616,000 76,391,000 45,079,000 87,680,000 26,041,000  -17,111,000 78,508,000 53,026,000 -22,581,000 68,337,000 -9,103,000 32,241,000 
      yoy
    		6.07% 8.64% 12.31% -0.82% 35.09% 11.14% 4.40% 27.51% 22.77% -11.23% -5.90% 0.73% -24.35% 39.41% 56.86% -9.23% -8.24% 73.49% -31.28% 42.97% 71.14% -48.20% -0.45% -0.81% 5.14% 13.32% -12.34% 246.81% 43.34% 38.31% 55.69% -49.81% -6.18% 24.96% 36.67% 6.62% -6.96% 18.09% 1.01% -7.24%   60.42% 15.41%   32.20% 29.43% 4.44% 0.59% 21.03% -149.11% -255.97%  -363.45% 11.68% -50.89%  -125.04% -962.44% 64.47%     
      qoq
    		-146.56% 60.53% -242.17% -0.17% -147.68% 65.96% -225.54% 35.97% -139.23% 55.90% -253.33% 30.92% -128.37% 65.26% -264.14% -1.67% -152.27% 85.94% -194.97% -0.60% -198.83% -26.35% -297.60% 18.99% -129.92% 41.53% -296.87% 26.12% -132.24% 9.49% -878.88% -47.87% -131.11% 23.24% -351.07% -2.55% -141.44% 34.80% -295.86% -14.96% -152.60% 15.30% -279.87%    -229.41% 31.39% -155.20% 40.84% -226.70% 6.02% -153.17% 69.46% -48.59% 236.70%   -121.80% 48.06% -334.83% -133.04% -850.71% -128.23%  
      net income margin %
    		-71.11% 31.98% 22.70% -69.75% -68.53% 29.72% 21.32% -70.79% -49.90% 27.71% 19.98% -51.37% -41.05% 32.85% 25.80% -81.17% -70.98% 31.19% 21.78% -119.15% -204.59% 23.03% 23.47% -41.02% -37.83% 32.21% 25.66% -50.33% -41.48% 32.24% 33.85% -14.46% -29.29% 24.77% 22.03% -35.69% -36.29% 24.33% 19.50% -34.18% -43.29% 23.03% 21.82% -50.15%   7.94% -47.89% -5.64% 18.54% 14.06% -18.37% -7.84% 21.81% 15.00% 10.02% 4.81%  -3.00% 21.25% 14.69% -4.54% 20.02% -1.67% 12.18% 
      net income attributable to noncontrolling interests
    		7,447,000 -21,576,000 -12,551,000 8,708,000 6,485,000 -19,388,000 -10,506,000 7,535,000 -5,752,750 -18,160,000 -11,440,000 6,589,000 -5,345,750 -14,033,000  3,189,000 -184,500 -2,661,000  3,255,000 4,357,000 -7,285,000 -10,648,000 3,354,000 2,776,000 -16,396,000 -11,641,000 2,931,000 -6,365,750 -16,023,000 -12,982,000 3,542,000    1,031,000 11,000 95,000 111,000 83,000 26,000 8,000 62,000 48,000   6,250 25,000   -6,000 37,000              
      net income attributable to vail resorts, inc.
    		-185,460,000 392,752,000 245,548,000 -172,836,000 -175,377,000 361,995,000 219,299,000 -175,512,000 -128,566,000 325,006,000 208,679,000 -136,971,000 -108,686,000 372,550,000 223,391,000 -139,332,000 -140,811,000 274,629,000 147,798,000 -153,766,000 -153,608,000 152,546,000 206,370,000 -106,475,000 -89,525,000 292,134,000 206,349,000 -107,795,000 -83,660,000 256,252,000 235,691,000 -28,385,000 -57,146,000 181,107,000 149,179,000 -62,587,000 -65,273,000 157,632,000 116,982,000 -59,587,000 -70,142,000 133,410,000 115,762,000 -64,276,000   72,162,000 -55,709,000 -42,378,000 76,867,000 54,551,000 -43,023,000 -42,404,000 72,789,000 40,690,000           
      per share amounts
    		                                                                 
      basic net income per share attributable to vail resorts, inc.
    		-4.92 10.55 6.57 -4.61 -4.61 9.57 5.78 -4.6 -3.14 8.2 5.17 -3.4 -2.67 9.18 5.51 -3.44 -3.5 6.82 3.67 -3.82 -3.81 3.79 5.12 -2.64 -2.22 7.26 5.12 -2.66 -2.08 6.34 5.82 -0.71 -1.51 4.52 3.72 -1.7 -1.79 4.35 3.23 -1.63 -1.93 3.67 3.19 -1.77   2 -1.54 -1.17 2.13 1.52 -1.2 -1.17 2.01 1.12           
      diluted net income per share attributable to vail resorts, inc.
    		-4.91 10.54 6.56 -4.61 -4.59 9.54 5.76 -4.6 -3.13 8.18 5.16 -3.4 -2.65 9.16 5.47 -3.44 -3.45 6.72 3.62 -3.82 -3.75 3.74 5.04 -2.64 -2.16 7.12 5.02 -2.66 -2 6.17 5.67 -0.71 -1.46 4.4 3.63 -1.7 -1.75 4.23 3.14 -1.63 -1.88 3.56 3.1 -1.77   1.99 -1.54 -1.14 2.08 1.48 -1.2 -1.15 1.98 1.11           
      cash dividends declared per share
    		2.22 2.22 2.22 2.22 2.22 2.22 2.06 2.06 2.06 2.06 1.91 1.91 1.91 1.91 0.88 0.88      1.76 1.76 1.76 1.76 1.76 1.47 1.47 1.47 1.47 1.053 1.053 1.053 1.053 0.81 0.81 0.81 0.81 0.623 0.623 0.623 0.623 0.415 0.415   0.525 0.15                  
      loss on disposal of fixed assets and other
    		   -1,529,000 -843,000 -571,000 -758,000 -2,043,000                     -2,495,000 -3,230,000   -1,725,000 -1,924,000 -2,231,000 -550,000 -2,269,000 -164,000 -1,206,000 -1,779,000   -26,000                       
      foreign currency loss on intercompany loans
    		   -264,000 90,000 -2,305,000  -4,965,000 -1,390,750 -1,766,000           4,961,000 -7,753,000   -1,295,000 -3,319,000  -2,311,000 -1,627,750 -9,502,000  -7,346,000                                  
      (benefit from) benefit from income taxes
    		          -79,032,000    -52,049,000                                                   
      net (income) loss attributable to noncontrolling interests
    		              -10,539,000    -1,332,000              4,102,000 -15,749,000 -10,549,000                               
      asset impairments
    		                     -28,372,000                                            
      gain on disposal of fixed assets
    		                               567,000               -28,500 -114,000 -8,750 -35,000 -400,000 92,000 4,500 18,000 12,000           
      mountain
    		                                371,506,500 721,160,000 654,099,000 110,767,000 97,994,000 572,805,000 532,872,000 100,933,000 81,061,000 499,551,000 463,031,000 60,386,000   716,938,000 49,670,000 400,773,000 351,418,000 318,277,000 40,779,000 336,282,000 302,213,000 260,978,000 578,447,000 299,267,000  356,665,000 308,712,000 272,026,000 325,668,000 294,773,000 326,689,000 214,166,000 
      lodging
    		                                50,471,750 68,601,000 65,884,000 67,402,000 74,528,000 72,933,000 62,807,000 64,286,000 69,373,000 67,323,000 59,364,000 58,493,000   157,029,000 53,594,000 164,823,000 49,835,000 44,720,000 44,378,000 124,253,000 44,877,000 38,676,000 131,299,000 86,403,000  118,808,000 43,643,000 32,796,000 116,315,000 39,492,000 153,762,000 42,589,000 
      segment operating expense
    		                                                                 
      interest expense and other
    		                                -11,081,250 -23,313,000 -9,048,000                               
      gain on litigation settlement
    		                                           16,400,000                      
      change in fair value of contingent consideration
    		                                        -900,000   4,550,000                      
      investment income
    		                                    214,000 150,000 161,000 198,000 91,000 119,000 62,000 -26,000   405,000 64,000 605,000 114,000 226,000 238,000 304,000 141,000 192,000 1,428,000 979,000  8,069,000 4,334,000 2,417,000 4,839,000 3,156,000 892,000 1,174,000 
      loss on disposal of fixed assets
    		                                           -755,000                    -905,000 -623,000 
      asset impairment charge
    		                                                 -2,561,000                
      loss on extinguishment of debt
    		                                                -757,000 -6,615,000               -612,000 
      net income (income) attributable to noncontrolling interests
    		                                                40,000 27,000                
      contract dispute credit
    		                                                                 
      minority interest in income of consolidated subsidiaries
    		                                                       4,190 1,437       -574,000 -4,665,000 
      basic net income per share
    		                                                       2.39 0.71  -0.44 2.02 1.37 -0.57 1.78 -0.26 0.91 
      diluted net income per share
    		                                                       2.39 0.71  -0.43 1.99 1.35 -0.56 1.75 -0.25 0.89 
      cash flows from operating activities:
    		                                                                 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                 
      cost of real estate sales
    		                                                       94,330 87,631         
      stock-based compensation expense
    		                                                       7,794 5,242         
      deferred income taxes
    		                                                       53,549 16,204         
      other non-cash income
    		                                                                 
      changes in assets and liabilities:
    		                                                                 
      restricted cash
    		                                                       48,308 43,834         
      accounts receivable
    		                                                       2,999 358         
      inventories
    		                                                       4,041          
      investments in real estate
    		                                                                 
      accounts payable and accrued liabilities
    		                                                        36,725         
      deferred real estate deposits
    		                                                                 
      private club deferred initiation fees and deposits
    		                                                       40,960 39,667         
      other assets and liabilities
    		                                                                 
      net cash from operating activities
    		                                                       208,011 166,664         
      cash flows from investing activities:
    		                                                                 
      capital expenditures
    		                                                                 
      acquisition of business
    		                                                                 
      other investing activities
    		                                                                 
      net cash from investing activities
    		                                                                 
      cash flows from financing activities:
    		                                                                 
      repurchases of common stock
    		                                                                 
      proceeds from borrowings under non-recourse real estate financings
    		                                                       9,013 9,013         
      payments of non-recourse real estate financings
    		                                                                 
      proceeds from borrowings under other long-term debt
    		                                                       63,396 55,782         
      payments of other long-term debt
    		                                                                 
      other financing activities
    		                                                       5,354 5,807         
      net cash from financing activities
    		                                                                 
      net increase in cash and cash equivalents
    		                                                       8,192          
      cash and cash equivalents:
    		                                                                 
      beginning of period
    		                                                       162,345 162,345         
      end of period
    		                                                       170,537 139,172         
      segment operating expense:
    		                                                                 
      other operating expense:
    		                                                                 
      relocation and separation charges
    		                                                                 
      real estate equity investment loss
    		                                                                 
      loss on sale of business
    		                                                                 
      contract dispute charges
    		                                                                 
      gain
    		                                                           690,000      
      mold remediation credit
    		                                                             1,410,148 852   
      real estate equity investment income
    		                                                             790,921 79 -78,000 -24,000 
      other income
    		                                                             49,950 50 -34,000 84,000 
      gain on sale of businesses
    		                                                             1,156.25 4,625   
      gain on put options
    		                                                               183,000 975,000 
      loss on sale of businesses
    		                                                                 
      loss on put options
    		                                                                 
      lodging equity investment loss
    		                                                               -1,918,000 -761,000 
      gain on transfer of property
    		                                                                 
      mold remediation charge
    		                                                                 
      gain on sale of equity investment
    		                                                               1,423,250 5,693,000 
      income before benefit for income taxes
    		                                                               -14,802,000 52,425,000 
      benefit for income taxes
    		                                                               5,699,000 -20,184,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.