Accounts Receivable, Net

12 Months Ended

Jul. 31, 2011

Accounts Receivable, Net [Abstract]

Accounts Receivable, Net

(5) Accounts Receivable, Net

Accounts receivable consists of the following (in thousands):

	July 31,
	2011			2010
Advance charges receivable	$	71,961		$	72,841
Trade accounts receivable		53,569			37,904
Other receivables		451			1,157
		125,981			111,902
Less allowance for doubtful accounts		(3,122	)		(2,841	)
	$	122,859		$	109,061

 

Advance charges receivable represents amounts paid to third parties on behalf of insurance companies for which the Company will be reimbursed when the vehicle is sold. Trade accounts receivable includes fees and gross proceeds to be collected from insurance companies and members.

The movements in the allowance for doubtful accounts are as follows (in thousands):

Description and Fiscal Year	Balance at Beginning of Year		Charged to Costs And Expenses		Deductions to Bad Debt			Balance at End of Year
Allowance for doubtful accounts:
July 31, 2011	$	2,841	$	478	$	(197	)	$	3,122
July 31, 2010		2,405		1,591		(1,155	)		2,841
July 31, 2009		2,600		783		(978	)		2,405