Vail Resorts MTN 2010 performance
Total Performance
--Total net revenue was $868.6 million for Fiscal 2010 compared to $977.0 million in the prior year, an 11.1% decrease.
--Net income attributable to Vail Resorts, Inc. was $30.4 million, or $0.83 per diluted share, for Fiscal 2010 compared to net income attributable to Vail Resorts, Inc. of $49.0 million, or $1.33 per diluted share, in the prior year.
--The effective tax rate for Fiscal 2010 was 33.5% compared to the effective tax rate for the prior year of 37.7%. The current year's effective tax rate was favorably impacted by the Company's purchase of the remaining noncontrolling interest in SSV, the Company's retail/rental business on April 30, 2010.
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