Supplementary Balance Sheet Information

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



	January 31, 2015			July 31, 2014			January 31, 2014
Land and land improvements	$	411,148		$	348,328		$	349,532
Buildings and building improvements	959,863			907,280			906,658
Machinery and equipment	774,791			700,745			701,293
Furniture and fixtures	281,869			269,209			275,016
Software	104,511			98,653			99,262
Vehicles	58,760			55,724			55,146
Construction in progress	16,676			31,487			13,244
Gross property, plant and equipment	2,607,618			2,411,426			2,400,151
Accumulated depreciation	(1,323,403		)	(1,263,436		)	(1,212,362		)
Property, plant and equipment, net	$	1,284,215		$	1,147,990		$	1,187,789

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



	January 31, 2015		July 31, 2014		January 31, 2014
Trade payables	$	87,864	$	71,823	$	76,575
Deferred revenue	163,253		110,566		140,156
Accrued salaries, wages and deferred compensation	41,710		29,833		33,243
Accrued benefits	22,304		21,351		22,755
Deposits	33,709		15,272		32,788
Accrued interest	5,550		5,429		7,912
Other accruals	66,439		34,944		55,779
Total accounts payable and accrued liabilities	$	420,829	$	289,218	$	369,208

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



	January 31, 2015		July 31, 2014		January 31, 2014
Private club deferred initiation fee revenue	$	129,315	$	128,824	$	130,241
Unfavorable lease obligation, net	30,096		31,338		32,702
Other long-term liabilities	69,902		100,519		77,283
Total other long-term liabilities	$	229,313	$	260,681	$	240,226

The changes in the net carrying amount of goodwill allocated between the Company's segments for the six months ended January 31, 2015 are as follows (in thousands):



	Mountain			Lodging		Goodwill, net
Balance at July 31, 2014	$	310,249		$	67,899	$	378,148
Acquisition	91,861			—		91,861
Effects of changes in foreign currency exchange rates	(331		)	—		(331		)
Balance at January 31, 2015	$	401,779		$	67,899	$	469,678