Supplementary Balance Sheet Information

6 Months Ended

Jan. 31, 2021

Balance Sheet Related Disclosures [Abstract]

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


	January 31, 2021		July 31, 2020		January 31, 2020
Land and land improvements	$	759,056	$	750,714	$	749,669
Buildings and building improvements	1,499,525		1,475,661		1,475,415
Machinery and equipment	1,410,781		1,361,178		1,253,476
Furniture and fixtures	323,490		308,267		450,903
Software	120,016		104,223		121,390
Vehicles	81,767		80,510		70,820
Construction in progress	58,753		81,967		53,325
Gross property, plant and equipment	4,253,388		4,162,520		4,174,998
Accumulated depreciation	(2,094,525)		(1,969,841)		(1,911,217)
Property, plant and equipment, net	$	2,158,863	$	2,192,679	$	2,263,781

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


	January 31, 2021		July 31, 2020		January 31, 2020
Trade payables	$	86,251	$	59,692	$	126,836
Deferred revenue	480,353		256,402		426,672
Accrued salaries, wages and deferred compensation	59,665		25,588		48,591
Accrued benefits	44,549		43,704		46,622
Deposits	31,472		20,070		63,432
Operating lease liability	36,878		36,604		35,650
Other liabilities	92,626		57,048		63,694
Total accounts payable and accrued liabilities	$	831,794	$	499,108	$	811,497

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


	January 31, 2021		July 31, 2020		January 31, 2020
Private club deferred initiation fee revenue	$	104,457	$	105,108	$	108,674
Other long-term liabilities	147,456		165,137		136,701
Total other long-term liabilities	$	251,913	$	270,245	$	245,375

The changes in the net carrying amount of goodwill allocated between the Company’s segments for the six months ended January 31, 2021 are as follows (in thousands):


	Mountain		Lodging		Goodwill, net
Balance at July 31, 2020	1,666,809		42,211		1,709,020


Effects of changes in foreign currency exchange rates	51,888		—		51,888
Balance at January 31, 2021	$	1,718,697	$	42,211	$	1,760,908