Segments and Other Geographic Reporting Segment Reporting

9 Months Ended

Apr. 30, 2020

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 14 – Segments and Other Geographic Reporting

The Company’s U.S. and International regions are considered two separate operating segments and are disclosed as two reportable segments. The segments represent geographic areas and reflect how the chief operating decision maker allocates resources and measures results, including total revenues, operating income and income before income taxes. Intercompany income (expense) is primarily related to charges for services provided by the U.S. segment.

The following table presents financial information by segment:

	Three Months Ended April 30, 2020						Three Months Ended April 30, 2019
(In thousands)	United States		International		Total		United States		International		Total
Service revenues	$	431,875	$	59,707	$	491,582	$	416,874	$	56,808	$	473,682
Vehicle sales	35,323		23,455		58,778		31,325		48,109		79,434
Total service revenues and vehicle sales	467,198		83,162		550,360		448,199		104,917		553,116
Yard operations	216,879		36,881		253,760		194,228		36,325		230,553
Cost of vehicle sales	34,032		19,955		53,987		29,032		41,952		70,984
General and administrative	35,600		11,912		47,512		36,681		7,404		44,085
Operating income	$	180,687	$	14,414	$	195,101	$	188,258	$	19,236	$	207,494
Depreciation and amortization	$	23,703	$	3,012	$	26,715	$	18,636	$	2,476	$	21,112
Capital expenditures, including acquisitions	86,423		4,223		90,646		107,569		15,785		123,354

	Nine Months Ended April 30, 2020						Nine Months Ended April 30, 2019
(In thousands)	United States		International		Total		United States		International		Total
Service revenues	$	1,310,023	$	179,449	$	1,489,472	$	1,122,470	$	162,825	$	1,285,295
Vehicle sales	104,076		86,376		190,452		87,010		127,077		214,087
Total service revenues and vehicle sales	1,414,099		265,825		1,679,924		1,209,480		289,902		1,499,382
Yard operations	640,987		110,915		751,902		553,205		100,502		653,707
Cost of vehicle sales	98,991		71,660		170,651		81,858		108,094		189,952
General and administrative	114,299		32,688		146,987		110,465		21,585		132,050
Operating income	$	559,822	$	50,562	$	610,384	$	463,952	$	59,721	$	523,673
Depreciation and amortization	$	65,968	$	8,043	$	74,011	$	55,905	$	7,475	$	63,380
Capital expenditures, including acquisitions	460,846		30,152		490,998		209,723		50,358		260,081

	April 30, 2020						July 31, 2019
(In thousands)	United States		International		Total		United States		International		Total
Total assets	$	2,666,911	$	494,672	$	3,161,583	$	2,094,592	$	453,025	$	2,547,617
Goodwill	260,670		77,369		338,039		256,998		76,323		333,321