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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2018
Cash flows from operating activities:      
Net Income $ 699,907 $ 591,693 $ 418,007
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization, including debt cost 104,257 85,334 79,040
Allowance for doubtful accounts 1,670 (429) 1,142
Impairment of Intangible Assets, Finite-lived 0 0 1,157
Equity in losses of unconsolidated affiliates 1,401 419 750
Stock-based compensation 23,322 23,445 23,221
(Gain) loss on sale of property and equipment (1,913) (3,073) 3,240
Deferred income taxes 23,082 23,167 16,717
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable 15,993 (60,808) (40,335)
Vehicle pooling costs 2,590 (16,418) (3,353)
Inventories 1,348 (4,719) (3,959)
Prepaid expenses and other current and non-current assets 141 (12,265) (706)
Operating lease right-of-use assets and lease liabilities (572) 0 0
Accounts payable and accrued liabilities 41,648 11,126 53,320
Deferred revenue 1,615 2,056 (520)
Income taxes receivable (7,216) (4,215) (8,916)
Income taxes payable 10,114 10,669 (3,149)
Other liabilities 498 664 (587)
Net Cash Provided by (Used in) Operating Activities 917,885 646,646 535,069
Cash flows from investing activities:      
Purchases of property and equipment (591,972) (373,883) (287,910)
Purchases of assets and liabilities in connection with acquisitions, net of cash acquired (11,702) (745) (8,787)
Proceeds from sale of property and equipment 2,466 18,361 6,425
Proceeds from sale of majority-owned subsidiary 0 0 1,796
Net Cash Provided by (Used in) Investing Activities (601,208) (356,267) (288,476)
Cash flows from financing activities:      
Proceeds from the exercise of stock options 71,640 34,398 44,459
Proceeds from the issuance of Employee Stock Purchase Plan shares 8,276 7,183 5,853
Repurchases of common stock 0 (364,997) 0
Payments for employee stock-based tax withholdings (103,451) (46,888) (1,115)
Net repayments on revolving loan facility 0 0 (231,000)
Debt offering costs (2,814) 0 0
Financing cash flows related to finance leases (1,065) 0 0
Payments to Noncontrolling Interests 0 0 (235)
Net Cash Provided by (Used in) Financing Activities (27,414) (370,304) (182,038)
Effect of foreign currency translation 2,136 (8,276) (135)
Net increase (decrease) in cash, cash equivalents, and restricted cash 291,399 (88,201) 64,420
Cash, cash equivalents, and restricted cash at beginning of period 186,319 274,520 210,100
Cash, cash equivalents, and restricted cash at end of period 477,718 186,319 274,520
Supplemental disclosure of cash flow information:      
Interest paid 19,728 19,289 20,343
Income taxes paid, net of refunds $ 83,770 $ 82,448 $ 142,161