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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities:      
Net income $ 1,548,363 $ 1,362,347 $ 1,237,741
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization, including debt cost 217,784 190,256 159,684
Allowance for credit losses 354 3,914 1,946
Gain on extinguishment of liabilities 0 (4,058) 0
Equity in (income) losses of unconsolidated affiliates (149) 2,241 5,347
Stock-based compensation 38,004 35,234 39,673
Gain on sale of property and equipment (13,726) (2,386) (1,846)
Deferred income (benefits) taxes (13,440) (847) 9,946
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable (33,950) (145,385) (123,207)
Vehicle pooling costs 16,705 (9,542) (10,989)
Inventories 4,655 (3,698) 26,549
Prepaid expenses and other current and non-current assets 7,748 (71,067) (59,949)
Operating lease right-of-use assets and lease liabilities 478 1,064 350
Accounts payable and accrued liabilities 69,599 59,528 18,010
Deferred revenue 2,159 1,867 5,896
Income taxes receivable (575) 6,561 33,193
Income taxes payable (44,259) 46,535 21,866
Net cash provided by operating activities 1,799,750 1,472,564 1,364,210
Cash flows from investing activities:      
Purchases of property and equipment (568,990) (510,990) (516,636)
Assets and liabilities acquired in connection with acquisition (1,223)    
Assets and liabilities acquired in connection with acquisition   17,662 0
Proceeds from sale of property and equipment 31,831 4,166 33,919
Investment in held to maturity securities (4,001,918) (4,087,162) (1,406,588)
Proceeds from held to maturity securities 3,960,000 3,645,000 0
Investment in unconsolidated affiliate (7,148) (8,755) (2,744)
Net cash used in investing activities (587,448) (940,079) (1,892,049)
Cash flows from financing activities:      
Proceeds from the exercise of stock options 42,759 24,260 49,679
Proceeds from the issuance of Employee Stock Purchase Plan shares 14,679 12,406 11,098
Payments for employee stock-based tax withholdings (5,282) (6,558) (4,709)
Issuance of principal on revolver facility 0 0 44,494
Principal payments on revolver facility 0 (10,821) (33,924)
Payments of finance lease obligations (49) (14) (23)
Net cash provided by financing activities 52,107 19,273 66,615
Effect of foreign currency translation 2,011 4,958 34,383
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,266,420 556,716 (426,841)
Cash, cash equivalents, and restricted cash at beginning of period 1,514,111 957,395 1,384,236
Cash, cash equivalents, and restricted cash at end of period 2,780,531 1,514,111 957,395
Supplemental disclosure of cash flow information:      
Interest paid 2,019 3,127 2,614
Income taxes paid, net of refunds 409,003 285,891 257,514
Purchase of property and equipment through settlement of deposit $ 64,050 $ 0 $ 0