XML 88 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2010
Service revenues and vehicle sales:      
Service revenues $ 757,272 $ 713,093 $ 634,606
Vehicle sales 166,919 159,153 138,273
Total service revenues and vehicle sales 924,191 872,246 772,879
Operating costs and expenses:      
Yard operations 377,604 374,149 320,212
Cost of vehicle sales 136,971 125,202 104,673
General and administrative 114,492 107,605 108,924
Impairment of long-lived assets 8,771    
Total operating costs and expenses 637,838 606,956 533,809
Operating income 286,353 265,290 239,070
Other (expense) income:      
Interest expense (11,341) (4,078) (216)
Interest income 357 493 205
Other income, net 2,687 2,172 436
Total other (expense) income (8,297) (1,413) 425
Income before income taxes 278,056 263,877 239,495
Income taxes 95,937 97,502 87,868
Net income $ 182,119 $ 166,375 $ 151,627
Earnings per share - basic      
Basic net income per share (in dollars per share) $ 1.42 $ 1.10 $ 0.90
Weighted average common shares outstanding (in shares) 128,120 151,298 168,330
Earnings per share - diluted      
Diluted net income per share (in dollars per share) $ 1.39 $ 1.08 $ 0.89
Diluted weighted average common shares outstanding (in shares) 131,428 153,352 170,054