XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Service revenues and vehicle sales $ 893,372 $ 810,132
Operating expenses:    
Yard operations 372,777 298,694
Cost of vehicle sales 151,112 126,408
General and administrative 57,980 54,909
Total operating expenses 581,869 480,011
Operating income 311,503 330,121
Other expense:    
Interest income (expense), net 4,422 (5,107)
Other (expense) income, net (2,822) 812
Total other income (expense) 1,600 (4,295)
Income before income taxes 313,103 325,826
Income tax expense 67,255 65,463
Net income $ 245,848 $ 260,363
Basic net income per common share (in dollars per share) $ 0.52 $ 0.55
Weighted average common shares outstanding (in shares) 476,099 474,136
Diluted net income per common share (in dollars per share) $ 0.51 $ 0.54
Diluted weighted average common shares outstanding (in shares) 482,168 482,442
Service revenues    
Service revenues and vehicle sales $ 726,840 $ 667,818
Vehicle sales    
Service revenues and vehicle sales $ 166,532 $ 142,314