Supplementary Balance Sheet Information

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



	October 31, 2016			July 31, 2016			October 31, 2015
Land and land improvements	$	530,634		$	440,300		$	431,798
Buildings and building improvements	1,157,546			1,025,515			1,006,033
Machinery and equipment	954,722			866,008			814,362
Furniture and fixtures	291,141			284,959			289,173
Software	106,901			103,754			107,063
Vehicles	64,344			58,159			61,546
Construction in progress	82,895			39,396			86,042
Gross property, plant and equipment	3,188,183			2,818,091			2,796,017
Accumulated depreciation	(1,489,096		)	(1,454,277		)	(1,407,452		)
Property, plant and equipment, net	$	1,699,087		$	1,363,814		$	1,388,565

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



	October 31, 2016		July 31, 2016		October 31, 2015
Trade payables	$	90,773	$	72,658	$	101,016
Deferred revenue	328,009		182,506		240,288
Accrued salaries, wages and deferred compensation	29,544		43,086		11,878
Accrued benefits	28,564		29,175		22,818
Deposits	18,418		23,307		15,979
Other liabilities	47,615		46,756		46,858
Total accounts payable and accrued liabilities	$	542,923	$	397,488	$	438,837

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



	October 31, 2016		July 31, 2016		October 31, 2015
Private club deferred initiation fee revenue	$	120,546	$	121,750	$	124,449
Unfavorable lease obligation, net	27,284		27,322		29,279
Other long-term liabilities	124,479		121,096		100,523
Total other long-term liabilities	$	272,309	$	270,168	$	254,251

The changes in the net carrying amount of goodwill allocated between the Company’s segments for the three months ended October 31, 2016 are as follows (in thousands):



	Mountain			Lodging		Goodwill, net
Balance at July 31, 2016	$	441,138		$	67,899	$	509,037
Whistler Blackcomb acquisition	964,606			—		964,606
Effects of changes in foreign currency exchange rates	(18,700		)	—		(18,700		)
Balance at October 31, 2016	$	1,387,044		$	67,899	$	1,454,943