Supplementary Balance Sheet Information

The composition of property, plant and equipment follows (in thousands):



	October 31, 2014			July 31, 2014			October 31, 2013
Land and land improvements	$	409,060		$	348,328		$	343,971
Buildings and building improvements	948,932			907,280			885,054
Machinery and equipment	731,782			700,745			647,856
Furniture and fixtures	268,536			269,209			262,334
Software	98,899			98,653			93,188
Vehicles	55,788			55,724			49,789
Construction in progress	74,996			31,487			88,490
Gross property, plant and equipment	2,587,993			2,411,426			2,370,682
Accumulated depreciation	(1,292,463		)	(1,263,436		)	(1,185,169		)
Property, plant and equipment, net	$	1,295,530		$	1,147,990		$	1,185,513

The composition of accounts payable and accrued liabilities follows (in thousands):



	October 31, 2014		July 31, 2014		October 31, 2013
Trade payables	$	94,035	$	71,823	$	100,125
Deferred revenue	198,133		110,566		166,705
Accrued salaries, wages and deferred compensation	18,379		29,833		16,857
Accrued benefits	20,046		21,351		18,135
Deposits	14,614		15,272		12,972
Accrued interest	8,595		5,429		13,447
Other accruals	36,468		34,944		41,310
Total accounts payable and accrued liabilities	$	390,270	$	289,218	$	369,551

The composition of other long-term liabilities follows (in thousands):



	October 31, 2014		July 31, 2014		October 31, 2013
Private club deferred initiation fee revenue	$	127,879	$	128,824	$	130,108
Unfavorable lease obligation, net	30,817		31,338		33,369
Other long-term liabilities	96,490		100,519		77,248
Total other long-term liabilities	$	255,186	$	260,681	$	240,725

The changes in the net carrying amount of goodwill allocated between the Company's segments for the three months ended October 31, 2014 are as follows (in thousands):



	Mountain			Lodging		Goodwill, net
Balance at July 31, 2014	$	310,249		$	67,899	$	378,148
Acquisition	78,857			—		78,857
Effects of changes in foreign currency exchange rates	(113		)	—		(113		)
Balance at October 31, 2014	$	388,993		$	67,899	$	456,892