Re: 2010 Buller Pics & Reminisce Thread
Maybe they'll see there's another way to do business like Vail Resorts:
Resort Reported EBITDA (which includes the Company's Mountain and Lodging segments) of $221.9 million for Fiscal 2011 improved by $35.5 million, or 19.0%, compared with the same period in the prior year reflecting solid growth across our resorts as well as the addition of Northstar-at-Tahoe, which was acquired in October 2010.
Net income attributable to Vail Resorts, Inc. of $34.5 million for Fiscal 2011 increased by $4.1 million, or 13.5%, from the prior fiscal year. Excluding a $7.4 million charge ($4.6 million after-tax) for extinguishment of debt related to the Company's successful bond refinancing, net income increased $8.7 million, or 28.6%, over the comparable prior year period.
Vail Resorts, Inc. declares its regular quarterly dividend of $0.15 per share of common stock.
Sales of season passes for the 2011/2012 season were up 9% in sales dollars and 1% in units as of September 20, 2011 compared to the comparable period in 2010, adjusted as if Northstar-at-Tahoe were owned in both periods.
