Quarterly Information

12 Months Ended

Jul. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Information (in thousands, except per share data) (Unaudited)

19 — Quarterly Financial Information (Unaudited)⁽¹⁾ 

	Fiscal Quarter
Fiscal Year 2018 (In thousands, except per share data)	First		Second		Third		Fourth
Total revenue	$	419,168	$	459,106	$	478,198	$	449,223
Gross profit	163,264		191,609		219,068		188,425
Operating income	123,942		150,947		174,619		134,837
Income before income taxes	114,128		144,438		171,216		132,729
Net income attributable to Copart, Inc.	77,515		103,256		127,348		109,748
Basic net income per common share	$	0.34	$	0.45	$	0.55	$	0.47
Diluted net income per common share	$	0.32	$	0.43	$	0.52	$	0.45

	Fiscal Quarter
Fiscal Year 2017 (In thousands, except per share data)	First		Second		Third		Fourth
Total revenue	$	345,991	$	349,532	$	373,862	$	378,596
Gross profit	145,293		146,765		172,505		167,465
Operating income	104,824		108,880		136,788		110,807
Income before income taxes	102,534		100,099		131,088		106,379
Net income attributable to Copart, Inc.	167,280		66,066		90,546		70,335
Basic net income per common share	$	0.74	$	0.29	$	0.39	$	0.31
Diluted net income per common share	$	0.70	$	0.28	$	0.38	$	0.30

(1) Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.