Supplementary Balance Sheet Information

9 Months Ended

Apr. 30, 2023

Balance Sheet Related Disclosures [Abstract]

Supplementary Balance Sheet Information

Supplementary Balance Sheet Information

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

	April 30, 2023		July 31, 2022		April 30, 2022
Land and land improvements	$	791,854	$	763,432	$	766,415
Buildings and building improvements	1,636,957		1,545,571		1,563,603
Machinery and equipment	1,784,197		1,505,236		1,524,191
Furniture and fixtures	334,173		307,867		320,695
Software	153,651		138,058		137,589
Vehicles	87,110		81,927		83,148
Construction in progress	105,729		127,282		97,813
Gross property, plant and equipment	4,893,671		4,469,373		4,493,454
Accumulated depreciation	(2,523,398)		(2,351,321)		(2,350,169)
Property, plant and equipment, net	$	2,370,273	$	2,118,052	$	2,143,285

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

	April 30, 2023		July 31, 2022		April 30, 2022
Trade payables	$	114,164	$	151,263	$	104,101
Deferred revenue	448,321		511,306		326,008
Accrued salaries, wages and deferred compensation	50,931		64,570		69,793
Accrued benefits	54,631		45,202		55,453
Deposits	40,326		37,731		45,820
Operating lease liabilities	37,046		34,218		39,526
Other liabilities	122,950		98,540		101,544
Total accounts payable and accrued liabilities	$	868,369	$	942,830	$	742,245

The changes in the net carrying amount of goodwill by segment for the nine months ended April 30, 2023 are as follows (in thousands):

	Mountain		Lodging		Goodwill, net
Balance at July 31, 2022	$	1,709,922	$	45,006	$	1,754,928
Acquisition (including measurement period adjustments)	3,800		—		3,800
Disposal of retail and rental stores(1)	(5,975)		—		(5,975)
Effects of changes in foreign currency exchange rates	(58,720)		—		(58,720)
Balance at April 30, 2023	$	1,649,027	$	45,006	$	1,694,033

(1) On May 1, 2023, the Company completed a sale of five retail and rental stores in Telluride, Colorado (the “Disposal Group”) to an unrelated party for cash, which the Company determined constituted the sale of a business. As of April 30, 2023, the Company classified the Disposal Group as held-for-sale, allocated a proportionate share of the applicable reporting unit’s goodwill to the Disposal Group, and reduced the carrying value of the Disposal Group to its net realizable value.