ong-Term Debt

Long-term debt as of January 31, 2016, July 31, 2015 and January 31, 2015 is summarized as follows (in thousands):



	Maturity (a)	January 31, 2016		July 31, 2015		January 31, 2015
Credit Facility Revolver	2020	$	64,500	$	185,000	$	—
Credit Facility Term Loan	2020	246,875		250,000		—
Industrial Development Bonds	2020	—		—		41,200
Employee Housing Bonds	2027-2039	52,575		52,575		52,575
6.50% Notes	2019	—		—		215,000
Canyons obligation	2063	320,277		317,455		314,657
Other	2016-2029	11,308		11,800		12,503
Total debt		695,535		816,830		635,935
Less: Current maturities (b)		13,340		10,154		1,196
Long-term debt		$	682,195	$	806,676	$	634,739


(a)	Maturities are based on the Company’s July 31 fiscal year end.


(b)	Current maturities represent principal payments due in the next 12 months.

Aggregate maturities for debt outstanding as of January 31, 2016 reflected by fiscal year are as follows (in thousands):



	Total
2016	$	6,537
2017	13,354
2018	13,397
2019	13,455
2020	268,641
Thereafter	380,151
Total debt	$	695,535

The Company incurred gross interest expense of $10.9 million and $13.8 million for the three months ended January 31, 2016 and 2015, respectively, of which $0.2 million and $0.4 million, respectively, were amortization of deferred financing costs. The Company had no capitalized interest during the three months ended January 31, 2016 and 2015. The Company incurred gross interest expense of $21.5 million and $27.4 million for the six months ended January 31, 2016 and 2015, respectively, of which $0.5 million and $0.7 million, respectively, were amortization of deferred financing costs. The Company had no capitalized interest during the six months ended January 31, 2016 and 2015.