Long-Term Debt

Long-term debt as of October 31, 2014, July 31, 2014 and October 31, 2013 is summarized as follows (in thousands):



	Maturity (a)	October 31, 2014		July 31, 2014		October 31, 2013
Credit Facility Revolver	2019	$	183,000	$	—	$	—
Industrial Development Bonds	2020	41,200		41,200		41,200
Employee Housing Bonds	2027-2039	52,575		52,575		52,575
6.50% Notes	2019	215,000		215,000		390,000
Canyons obligation	2063	313,258		311,858		307,706
Other	2015-2029	15,227		5,989		6,584
Total debt		820,260		626,622		798,065
Less: Current maturities (b)		1,022		1,022		1,003
Long-term debt		$	819,238	$	625,600	$	797,062


(a)	Maturities are based on the Company’s July 31 fiscal year end.


(b)	Current maturities represent principal payments due in the next 12 months.

Aggregate maturities for debt outstanding as of October 31, 2014 reflected by fiscal year are as follows (in thousands):



	Total
2015	$	778
2016	257
2017	270
2018	271
2019	398,286
Thereafter	420,398
Total debt	$	820,260

The Company incurred gross interest expense of $13.6 million and $16.1 million for the three months ended October 31, 2014 and 2013, respectively, of which $0.4 million and $0.5 million, respectively, were amortization of deferred financing costs. The Company had no capitalized interest during the three months ended October 31, 2014 and 2013.