XML 79 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2013
Service revenues and vehicle sales:      
Service revenues $ 985,363 $ 958,413 $ 849,667
Vehicle sales 160,716 205,076 196,719
Total service revenues and vehicle sales 1,146,079 1,163,489 1,046,386
Operating expenses:      
Yard operations 526,291 520,423 458,228
Cost of vehicle sales 136,412 174,493 167,236
General and administrative 138,975 164,535 137,930
Impairment of long-lived assets 0 29,104 0
Total operating expenses 801,678 888,555 763,394
Operating income 344,401 274,934 282,992
Other (expense) income:      
Interest expense (18,121) (8,768) (10,267)
Interest income 817 491 638
Other income, net 4,972 3,378 3,509
Total other expense (12,332) (4,899) (6,120)
Income before income taxes 332,069 270,035 276,872
Income taxes 112,286 91,348 96,847
Net income $ 219,783 $ 178,687 $ 180,025
Basic net income per common share (in dollars per share) $ 1.75 $ 1.42 $ 1.44
Weighted average common shares outstanding 125,914 125,693 124,912
Diluted net income per common share (in dollars per share) $ 1.67 $ 1.36 $ 1.39
Diluted weighted average common shares outstanding 131,425 131,230 129,781