XML 74 R13.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Supplementary Balance Sheet Information | 12 Months Ended
--- | ---
Jul. 31, 2015
Balance Sheet Related Disclosures [Abstract] |
Supplementary Balance Sheet Information | Supplementary Balance Sheet Information The composition of property, plant and equipment, including capital lease assets, follows (in thousands):
| July 31,
| 2015 | 2014
Land and land improvements | $ | 431,854 |  | $ | 348,328 |
Buildings and building improvements | 1,006,821 |  | 907,280 |
Machinery and equipment | 815,946 |  | 700,745 |
Furniture and fixtures | 286,863 |  | 269,209 |
Software | 106,433 |  | 98,653 |
Vehicles | 61,036 |  | 55,724 |
Construction in progress | 53,158 |  | 31,487 |
Gross property, plant and equipment | 2,762,111 |  | 2,411,426 |
Accumulated depreciation | (1,375,836 | ) | (1,263,436 | )
Property, plant and equipment, net | $ | 1,386,275 |  | $ | 1,147,990 |
Depreciation expense, which included depreciation of assets recorded under capital leases, for the years ended July 31, 2015, 2014 and 2013 totaled $144.0 million, $136.6 million and $130.2 million, respectively. The composition of goodwill and intangible assets follows (in thousands):
| July 31,
| 2015 | 2014
Goodwill |  |
Goodwill | $ | 517,787 |  | $ | 395,502 |
Accumulated amortization | (17,354 | ) | (17,354 | )
Goodwill, net | 500,433 |  | 378,148 |
Indefinite-lived intangible assets |  |
Gross indefinite-lived intangible assets | 105,150 |  | 100,834 |
Accumulated amortization | (24,713 | ) | (24,713 | )
Indefinite-lived intangible assets, net | 80,437 |  | 76,121 |
Amortizable intangible assets |  |
Gross amortizable intangible assets | 118,482 |  | 91,233 |
Accumulated amortization | (54,770 | ) | (49,831 | )
Amortizable intangible assets, net | 63,712 |  | 41,402 |
Total gross intangible assets | 223,632 |  | 192,067 |
Total accumulated amortization | (79,483 | ) | (74,544 | )
Total intangible assets, net | $ | 144,149 |  | $ | 117,523 |
Amortization expense for intangible assets subject to amortization for the years ended July 31, 2015, 2014 and 2013 totaled $5.1 million, $4.0 million and $2.5 million, respectively, and is estimated to be approximately $3.1 million annually, on average, for the next five fiscal years. The changes in the net carrying amount of goodwill allocated between the Company’s segments for the years ended July 31, 2015 and 2014 are as follows (in thousands):
| Mountain | Lodging | Goodwill, net
Balance at July 31, 2013 | $ | 313,558 |  | $ | 68,141 |  | $ | 381,699 |
Acquisition (measurement period adjustments) | (3,220 | ) | (242 | ) | (3,462 | )
Effects of changes in foreign currency exchange rates | (89 | ) | — |  | (89 | )
Balance at July 31, 2014 | 310,249 |  | 67,899 |  | 378,148 |
Acquisitions | 124,173 |  | — |  | 124,173 |
Effects of changes in foreign currency exchange rates | (1,888 | ) | — |  | (1,888 | )
Balance at July 31, 2015 | $ | 432,534 |  | $ | 67,899 |  | $ | 500,433 |
The composition of accounts payable and accrued liabilities follows (in thousands):
| July 31,
| 2015 | 2014
Trade payables | $ | 62,099 |  | $ | 71,823 |
Deferred revenue | 145,949 |  | 110,566 |
Accrued salaries, wages and deferred compensation | 33,461 |  | 29,833 |
Accrued benefits | 24,436 |  | 21,351 |
Deposits | 19,336 |  | 15,272 |
Other accruals | 46,018 |  | 40,373 |
Total accounts payable and accrued liabilities | $ | 331,299 |  | $ | 289,218 |
The composition of other long-term liabilities follows (in thousands):
| July 31,
| 2015 | 2014
Private club deferred initiation fee revenue | $ | 126,104 |  | $ | 128,824 |
Unfavorable lease obligation, net | 29,997 |  | 31,338 |
Other long-term liabilities | 99,815 |  | 100,519 |
Total other long-term liabilities | $ | 255,916 |  | $ | 260,681 |

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References No definition available. + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration