XML 65 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6

Income Taxes (Tables)

12 Months Ended

Jul. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of income from continuing operations before taxes

				Years Ended July 31,
				2012				2011				2010
U.S.				$	237,596			$	234,035			$	217,947
Non-U.S.					40,460				29,842				21,548
Total income before taxes				$	278,056			$	263,877			$	239,495

Schedule of income tax expense (benefit) from continuing operations

				Years Ended July 31,
				2012				2011				2010
Federal:
Current				$	102,152			$	84,119			$	83,791
Deferred					(14,557	)			278				(3,714	)
					87,595				84,397				80,077
State:
Current					3,332				7,186				6,664
Deferred					(461	)			(128	)			473
					2,871				7,058				7,137
Foreign:
Current					8,460				5,818				1,916
Deferred					(2,989	)			229				(1,262	)
					5,471				6,047				654
				$	95,937			$	97,502			$	87,868

Schedule of reconciliation of Income tax

				Years Ended July 31,
				2012				2011				2010
Federal statutory rate					35.0	%			35.0	%			35.0	%
State income taxes, net of federal income tax benefit					1.2				1.7				2.0
Foreign					(1.9	)			(0.4	)			(1.7	)
Compensation and fringe benefits					—				0.2				0.2
Other differences					0.2				0.4				1.2
Effective tax rate					34.5	%			36.9	%			36.7	%

Schedule of tax effects on deferred tax assets and deferred tax liabilities

				July 31,
				2012				2011
Deferred tax assets:
Allowance for doubtful accounts				$	1,013			$	1,063
Accrued compensation and benefits					23,902				18,249
State taxes					625				1,488
Accrued other					2,634				3,006
Deferred revenue					2,056				—
Property and equipment					10,969				3,378
Losses carried forward					1,028				398
Federal tax benefit					7,989				5,758
Total gross deferred tax assets					50,216				33,340
Less valuation allowance					(1,211	)			(948	)
Net deferred tax assets					49,005				32,392
Deferred tax liabilities:
Vehicle pooling costs					(4,537	)			(4,956	)
Prepaid insurance					(792	)			(1,397	)
Deferred revenue					—				(1,721	)
Intangibles and goodwill					(24,758	)			(25,031	)
Workers compensation					(224	)			(359	)
Total gross deferred tax liabilities					(30,311	)			(33,464	)
Net deferred tax asset (liability)				$	18,694			$	(1,072	)

Schedule of net deferred tax liability

				July 31,
				2012				2011
North America current liabilities				$	3,601			$	(440	)
North America non-current assets					22,279				9,425
U.K. non-current liabilities					(7,186	)			(10,057	)
Net deferred tax asset (liability)				$	18,694			$	(1,072	)

Schedule of unrecognized tax benefits

				Years Ended July 31,
				2012				2011				2010
Balance as of August 1				$	18,794			$	18,144			$	15,965
Increases related to current year tax positions					2,036				1,592				4,514
Prior year tax positions:
Prior year increase					618				519				74
Prior year decrease					(952	)			(531	)			(532	)
Cash settlement					(452	)			—				(302	)
Lapse of statute of limitations					(3,098	)			(930	)			(1,575	)
Balance at July 31				$	16,946			$	18,794			$	18,144

X

- Definition

Tabular disclosure of entire tax effects of temporary differences that give rise to significant portions of the net deferred tax liability disclosure.This element may be used as a single block of text to encapsulate the entire disclosure including data and tables.

+ References

No definition available.

+ Details

Name:	cprt_ScheduleOfNetDeferredTaxLiabilityTableTextBlock
Namespace Prefix:	cprt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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 Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319



Reference 2: 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.

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration