Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2018

Accounting Policies [Abstract]

Summary On Estimated Useful Life Of Property, Plant And Equipment

Depreciation is calculated on the straight-line method, including property, plant and equipment under capital leases, generally based on the following useful lives:

	Estimated Life in Years
Land improvements	10-35
Buildings and building improvements	7-30
Machinery and equipment	2-30
Furniture and fixtures	3-10
Software	3
Vehicles	3-10

Allocation Of Stock-Based Compensation Expense

The following table shows total net stock-based compensation expense for the years ended July 31, 2018, 2017 and 2016 included in the Consolidated Statements of Operations (in thousands):

	Year Ended July 31,
	2018		2017		2016
Mountain stock-based compensation expense	$	15,716	$	14,969	$	13,404
Lodging stock-based compensation expense	3,215		3,215		3,094
Real Estate stock-based compensation expense	109		131		527
Pre-tax stock-based compensation expense	19,040		18,315		17,025
Less: benefit from income taxes	5,406		6,290		6,057
Net stock-based compensation expense	$	13,634	$	12,025	$	10,968