Supplementary Balance Sheet Information

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



	April 30, 2019			July 31, 2018			April 30, 2018
Land and land improvements	$	618,545		$	552,271		$	553,366
Buildings and building improvements	1,279,117			1,193,528			1,194,877
Machinery and equipment	1,157,424			1,007,250			1,024,483
Furniture and fixtures	304,345			283,694			275,959
Software	118,678			113,699			110,789
Vehicles	63,443			60,697			60,266
Construction in progress	48,728			59,579			35,895
Gross property, plant and equipment	3,590,280			3,270,718			3,255,635
Accumulated depreciation	(1,742,846		)	(1,643,499		)	(1,614,908		)
Property, plant and equipment, net	$	1,847,434		$	1,627,219		$	1,640,727

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



	April 30, 2019		July 31, 2018		April 30, 2018
Trade payables	$	80,218	$	80,793	$	58,228
Deferred revenue	297,874		282,103		251,110
Accrued salaries, wages and deferred compensation	37,817		40,034		24,645
Accrued benefits	42,732		33,963		37,776
Deposits	32,090		26,646		24,326
Other liabilities	52,329		40,994		33,773
Total accounts payable and accrued liabilities	$	543,060	$	504,533	$	429,858

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



	April 30, 2019		July 31, 2018		April 30, 2018
Private club deferred initiation fee revenue	$	111,294	$	114,319	$	116,375
Unfavorable lease obligation, net	19,733		21,839		22,537
Other long-term liabilities	137,323		155,348		140,885
Total other long-term liabilities	$	268,350	$	291,506	$	279,797

The changes in the net carrying amount of goodwill allocated between the Company’s segments for the nine months ended April 30, 2019 are as follows (in thousands):



	Mountain			Lodging		Goodwill, net
Balance at July 31, 2018	$	1,407,787		$	67,899	$	1,475,686
Acquisitions	151,622			—		151,622
Effects of changes in foreign currency exchange rates	(30,441		)	—		(30,441		)
Balance at April 30, 2019	$	1,528,968		$	67,899	$	1,596,867