XML 37 R60.htm IDEA: XBRL DOCUMENT v2.3.0.15
Income Taxes (Details 1) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2009
Income From Continuing Operations Before Taxes [Abstract]   
US$ 234,035$ 217,947$ 220,005
Non US29,84221,5487,727
Income from continuing operations before income taxes263,877239,495227,732
Federal:   
Current84,11983,79178,817
Deferred278(3,714)168
Federal Income Tax Expense (Benefit), Continuing Operations84,39780,07778,985
State:   
Current7,1866,6648,151
Deferred(128)473(2)
State and Local Income Tax Expense (Benefit), Continuing Operations7,0587,1378,149
Foreign:   
Current5,8181,9161,651
Deferred229(1,262)(599)
Foreign Income Tax Expense (Benefit), Continuing Operations6,0476541,052
Income Tax Expense (Benefit), Total97,50287,86888,186
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]   
Federal statutory rate35.00%35.00%35.00%
State income taxes, net of federal income tax benefit1.70%2.00%3.50%
Foreign(0.40%)(1.70%)(0.80%)
Compensation and fringe benefits0.20%0.20%0.30%
Other differences0.40%1.20%0.70%
Effective tax rate36.90%36.70%38.70%
Deferred tax assets:   
Allowance for doubtful accounts1,063982 
Accrued compensation and benefits18,24913,898 
State taxes1,4881,358 
Accrued other3,0061,884 
Deferred revenue 1,910 
Property and equipment3,3788,693 
State net operating losses398327 
Long-term note write off 423 
Federal tax benefit5,7584,348 
Total gross deferred tax assets33,34033,823 
Less valuation allowance(948)(787) 
Net deferred tax assets32,39233,036 
Deferred tax liabilities:   
Vehicle pooling costs(4,956)(9,414) 
Prepaid insurance(1,397)(671) 
Deferred revenue(1,721)  
Intangibles and goodwill(25,031)(23,640) 
Workers compensation(359)  
Total gross deferred tax liabilities33,46433,725 
Net deferred tax liability$ (1,072)$ (689)