Supplementary Balance Sheet Information

6 Months Ended

Jan. 31, 2020

Balance Sheet Related Disclosures [Abstract]

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



	January 31, 2020			July 31, 2019			January 31, 2019
Land and land improvements	$	749,669		$	619,561		$	617,492
Buildings and building improvements	1,475,415			1,284,438			1,280,972
Machinery and equipment	1,253,476			1,160,817			1,139,443
Furniture and fixtures	450,903			309,271			323,406
Software	121,390			118,815			122,038
Vehicles	70,820			65,556			65,642
Construction in progress	53,325			79,282			23,342
Gross property, plant and equipment	4,174,998			3,637,740			3,572,335
Accumulated depreciation	(1,911,217		)	(1,795,240		)	(1,741,248		)
Property, plant and equipment, net	$	2,263,781		$	1,842,500		$	1,831,087

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



	January 31, 2020		July 31, 2019		January 31, 2019
Trade payables	$	126,836	$	96,377	$	106,183
Deferred revenue	426,672		335,669		346,356
Accrued salaries, wages and deferred compensation	48,591		50,318		66,090
Accrued benefits	46,622		37,797		37,991
Deposits	63,432		32,108		52,867
Other liabilities	99,344		55,588		76,249
Total accounts payable and accrued liabilities	$	811,497	$	607,857	$	685,736

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



	January 31, 2020		July 31, 2019		January 31, 2019
Private club deferred initiation fee revenue	$	108,674	$	109,749	$	112,065
Unfavorable lease obligation, net	1,607		19,017		20,450
Other long-term liabilities	135,094		154,835		142,483
Total other long-term liabilities	$	245,375	$	283,601	$	274,998

The changes in the net carrying amount of goodwill allocated between the Company’s segments for the six months ended January 31, 2020 are as follows (in thousands):



	Mountain			Lodging		Goodwill, net
Balance at July 31, 2019	$	1,540,307		$	67,899	$	1,608,206
Acquisitions (including measurement period adjustments)	146,367			—		146,367
Effects of changes in foreign currency exchange rates	(4,562		)	—		(4,562		)
Balance at January 31, 2020	$	1,682,112		$	67,899	$	1,750,011