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Income Taxes (Tables) | 12 Months Ended
--- | ---
Jul. 31, 2011
Income Tax Disclosure [Abstract] |
Income from continuing operations before taxes |
|  |  |  | Years Ended July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2011 |  | 2010 |  | 2009
US |  |  |  | $ | 234,035 |  |  | $ | 217,947 |  |  | $ | 220,005 |
Non US |  |  |  |  | 29,842 |  |  |  | 21,548 |  |  |  | 7,727 |
Total income before taxes |  |  |  | $ | 263,877 |  |  | $ | 239,495 |  |  | $ | 227,732 |
Income tax expense (benefit) from continuing operations |
|  |  |  | Years Ended July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2011 |  | 2010 |  | 2009
Federal: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  |  | $ | 84,119 |  |  | $ | 83,791 |  |  | $ | 78,817 |
Deferred |  |  |  |  | 278 |  |  |  | (3,714 | ) |  |  | 168 |
|  |  |  |  | 84,397 |  |  |  | 80,077 |  |  |  | 78,985 |
State: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  |  |  | 7,186 |  |  |  | 6,664 |  |  |  | 8,151 |
Deferred |  |  |  |  | (128 | ) |  |  | 473 |  |  |  | (2 | )
|  |  |  |  | 7,058 |  |  |  | 7,137 |  |  |  | 8,149 |
Foreign: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  |  |  | 5,818 |  |  |  | 1,916 |  |  |  | 1,651 |
Deferred |  |  |  |  | 229 |  |  |  | (1,262 | ) |  |  | (599 | )
|  |  |  |  | 6,047 |  |  |  | 654 |  |  |  | 1,052 |
|  |  |  | $ | 97,502 |  |  | $ | 87,868 |  |  | $ | 88,186 |
Reconciliation of Income tax |
|  |  |  | Years Ended July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2011 |  | 2010 |  | 2009
Federal statutory rate |  |  |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 35.0 | %
State income taxes, net of federal income tax benefit |  |  |  |  | 1.7 |  |  |  | 2.0 |  |  |  | 3.5 |
Foreign |  |  |  |  | (0.4 | ) |  |  | (1.7 | ) |  |  | (0.8 | )
Compensation and fringe benefits |  |  |  |  | 0.2 |  |  |  | 0.2 |  |  |  | 0.3 |
Other differences |  |  |  |  | 0.4 |  |  |  | 1.2 |  |  |  | 0.7 |
Effective tax rate |  |  |  |  | 36.9 | % |  |  | 36.7 | % |  |  | 38.7 | %
Tax effects on deferred tax assets and deferred tax liabilities |
|  |  |  | July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2011 |  | 2010
Deferred tax assets: |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  |  |  | $ | 1,063 |  |  | $ | 982 |
Accrued compensation and benefits |  |  |  |  | 18,249 |  |  |  | 13,898 |
State taxes |  |  |  |  | 1,488 |  |  |  | 1,358 |
Accrued other |  |  |  |  | 3,006 |  |  |  | 1,884 |
Deferred revenue |  |  |  |  | — |  |  |  | 1,910 |
Property and equipment |  |  |  |  | 3,378 |  |  |  | 8,693 |
State net operating losses |  |  |  |  | 398 |  |  |  | 327 |
Long-term note write off |  |  |  |  | — |  |  |  | 423 |
Federal tax benefit |  |  |  |  | 5,758 |  |  |  | 4,348 |
Total gross deferred tax assets |  |  |  |  | 33,340 |  |  |  | 33,823 |
Less valuation allowance |  |  |  |  | (948 | ) |  |  | (787 | )
Net deferred tax assets |  |  |  |  | 32,392 |  |  |  | 33,036 |
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 liabilities |  |  |  |  | (33,464 | ) |  |  | (33,725 | )
Net deferred tax liability |  |  |  | $ | (1,072 | ) |  | $ | (689 | )
Net deferred tax liability |
|  |  |  | July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2010 |  | 2010
North America current liabilities |  |  |  | $ | 440 |  |  | $ | 1,154 |
North America non-current assets |  |  |  |  | (9,425 | ) |  |  | (10,213 | )
UK non-current liabilities |  |  |  |  | 10,057 |  |  |  | 9,748 |
Net deferred tax liability |  |  |  | $ | 1,072 |  |  | $ | 689 |
Unrecognized tax benefits |
|  |  |  | Years Ended July 31, |
--- | --- | --- | --- | --- | ---
|  |  |  | 2011 |  | 2010
Balance as of August 1 |  |  |  | $ | 18,144 |  |  | $ | 15,965 |
Increases related to current year tax positions |  |  |  |  | 1,592 |  |  |  | 4,514 |
Prior year tax positions: |  |  |  |  |  |  |  |  |  |
Prior year increase |  |  |  |  | 519 |  |  |  | 74 |
Prior year decrease |  |  |  |  | (531 | ) |  |  | (532 | )
Cash settlement |  |  |  |  | — |  |  |  | (302 | )
Lapse of statute of limitations |  |  |  |  | (930 | ) |  |  | (1,575 | )
Balance at July 31 |  |  |  | $ | 18,794 |  |  | $ | 18,144 |

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- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Interpretation (FIN) -Number 48 -Paragraph 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 + Details
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