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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2017
Apr. 30, 2016
Service revenues and vehicle sales:        
Service revenues $ 332,346 $ 303,507 $ 949,457 $ 814,891
Vehicle sales 41,516 43,739 119,928 120,899
Total service revenues and vehicle sales 373,862 347,246 1,069,385 935,790
Operating expenses:        
Yard operations 166,572 151,855 503,264 428,729
Cost of vehicle sales 34,785 37,744 101,558 103,939
General and administrative 35,717 35,699 114,071 102,843
Total operating expenses 237,074 225,298 718,893 635,511
Operating income 136,788 121,948 350,492 300,279
Other (expense) income:        
Interest expense (5,869) (5,702) (17,972) (16,996)
Interest income 363 283 1,084 1,096
Other (expense) income, net (194) 39 117 5,501
Total other expenses (5,700) (5,380) (16,771) (10,399)
Income before income taxes 131,088 116,568 333,721 289,880
Income tax expense 40,542 41,944 9,829 103,642
Net income $ 90,546 $ 74,624 $ 323,892 $ 186,238
Basic net income per common share $ 0.39 $ 0.34 $ 1.42 $ 0.80
Weighted average common shares outstanding 229,920 221,088 228,146 234,142
Diluted net income per common share $ 0.38 $ 0.32 $ 1.37 $ 0.75
Diluted weighted average common shares outstanding 237,135 236,412 236,808 248,780