<SEC-DOCUMENT>0001145443-12-001333.txt : 20121128
<SEC-HEADER>0001145443-12-001333.hdr.sgml : 20121128
<ACCEPTANCE-DATETIME>20121128075226
ACCESSION NUMBER:		0001145443-12-001333
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20121127
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20121128
DATE AS OF CHANGE:		20121128

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COPART INC
		CENTRAL INDEX KEY:			0000900075
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
		IRS NUMBER:				942867490
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23255
		FILM NUMBER:		121227678

	BUSINESS ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254
		BUSINESS PHONE:		7076395000

	MAIL ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 300
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d29986.htm
<DESCRIPTION>8-K
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<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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        <P STYLE="font: bold 17pt Times New Roman, Times, Serif; margin: 5pt 0 0; text-align: center">UNITED STATES</P>
        <P STYLE="font: bold 17pt Times New Roman, Times, Serif; margin: 5pt 0 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P></TD></TR>
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    <TD COLSPAN="5">
        <P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Washington, D.C. 20549</P>
        <P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">____________________________________________</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 17pt/95% Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; tab-stops: -3.0pc; letter-spacing:
-0.2pt">FORM 8&#45;K</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 13pt Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; tab-stops: -3.0pc; letter-spacing:
-0.1pt">CURRENT REPORT</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: normal bold 13pt Times New Roman, Times, Serif; font-variant: normal; text-align: center; tab-stops: -3.0pc; vertical-align: bottom">Pursuant to
Section&nbsp;13 or 15(d) of<BR> the Securities Exchange Act of 1934</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font: bold 11pt Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; tab-stops: -3.0pc; width: 20%">&nbsp;</TD>

<TD COLSPAN="3" NOWRAP STYLE="border-bottom: windowtext 1pt solid; font: bold 11pt Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; vertical-align: bottom; width: 60%">November 27,
2012</TD>
    <TD NOWRAP STYLE="font: bold 11pt Times New Roman, Times, Serif; padding-top: 2.5pc; text-align: center; tab-stops: -3.0pc; width: 20%">&nbsp;</TD>
</TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; vertical-align: top">Date of Report (date of
earliest event reported)</TD></TR>
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    <TD COLSPAN="5" STYLE="text-align: center; vertical-align: bottom">
        <P STYLE="font: bold 17pt Times New Roman, Times, Serif; margin: 1pc 0 0">&nbsp;</P>
        <P STYLE="font: bold 17pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">Copart, Inc.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; tab-stops: -3.0pc; vertical-align: top">(Exact name of
Registrant as specified in its charter)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" NOWRAP STYLE="width: 20%">
        <P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 28pt 0 0; text-align: center; border-bottom: Black 0.5pt solid">Delaware</P></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: bottom; width: 60%">
        <P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 28pt 0 0; border-bottom: Black 0.5pt solid">0-23255</P></TD>
    <TD COLSPAN="2" NOWRAP STYLE="width: 20%">
        <P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 28pt 0 0; text-align: center; border-bottom: Black 0.5pt solid">94-2867490</P></TD>
</TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" NOWRAP STYLE="font: bold 8pt Times New Roman, Times, Serif; padding-bottom: 0.25pc; text-align: center; tab-stops: -3.0pc; letter-spacing: -0.1pt; width: 20%">(State or other jurisdiction of<BR> incorporation or organization)</TD>
    <TD NOWRAP STYLE="font: bold 8pt Times New Roman, Times, Serif; padding-bottom: 0.25pc; text-align: center; tab-stops: -3.0pc; vertical-align: top; width: 60%">(Commission
File Number)</TD>
    <TD COLSPAN="2" NOWRAP STYLE="font: bold 8pt Times New Roman, Times, Serif; padding-bottom: 0.25pc; text-align: center; tab-stops: -3.0pc; letter-spacing: -0.1pt; width: 20%">(I.R.S. Employer<BR> Identification Number)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font: 11pt Times New Roman, Times, Serif; padding-top: 28pt; text-align: justify; tab-stops: 22.8pc 40.2pc; width: 20%">&nbsp;</TD>
    <TD COLSPAN="3" NOWRAP STYLE="border-bottom: windowtext 1pt solid; text-align: center; vertical-align: bottom; width: 60%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="letter-spacing: -0.1pt"><B>14185 Dallas Parkway, Suite 300<BR>
Dallas, Texas 75254</P></TD>
    <TD NOWRAP STYLE="font: bold 11pt Times New Roman, Times, Serif; padding-top: 28pt; text-align: center; width: 20%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; tab-stops: -3.0pc">(Address of principal
executive offices)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font: bold 11pt Times New Roman, Times, Serif; padding-top: 2pc; text-align: center; tab-stops: -3.0pc; width: 20%">&nbsp;</TD>

<TD COLSPAN="3" NOWRAP STYLE="border-bottom: windowtext 1pt solid; font: bold 11pt Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; tab-stops: -3.0pc; vertical-align: bottom; width: 60%">(972) 391-5000</TD>
    <TD NOWRAP STYLE="font: bold 11pt Times New Roman, Times, Serif; padding-top: 2pc; text-align: center; tab-stops: -3.0pc; width: 20%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; tab-stops: -3.0pc">(Registrant&rsquo;s
telephone number, including area code)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; tab-stops: -3.0pc">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">

<TD COLSPAN="5" STYLE="border-bottom: windowtext 1pt solid; font: bold 11pt Times New Roman, Times, Serif; padding-top: 1pc; text-align: center; tab-stops: -3.0pc">Not applicable</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: bold 8pt Times New Roman, Times, Serif; text-align: center; tab-stops: -3.0pc">(Former name or former
address, if changed since last report)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0; text-align: left">Check the appropriate box below if
        the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
        <P STYLE="font:11pt Times New Roman, Times, Serif; margin: 0; text-align: left">[ ] Written communication pursuant to Rule
        425 under Section Act (17 CFR 230.425)</P>
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">[ ]<B> </B>Soliciting material pursuant to Rule 14a-12 under the
        Exchange Act (17 CFR 240.14a-12)</P>
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5">
        <P STYLE="font: 11pt Arial Unicode MS; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">[ ] Pre-commencement
        communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">240.14d-2(b)).
</FONT></P>
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="border-bottom: windowtext 2.25pt double">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: left">[ ] Pre-commencement communications pursuant
        to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).</P>
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P></TD></TR>
</TABLE>

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<BR>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>INFORMATION INCLUDED IN THIS REPORT</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Section 2 &mdash; Financial Information</B></P>

<P STYLE="font: 12pt Arial Unicode MS; margin-right: 0; margin-left: 0"><FONT STYLE="font: 11pt Times New Roman, Times, Serif"><B><I>Item
2.02&#9;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition</I></B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The following information
is intended to be furnished under Item 2.02 of Form 8-K, &ldquo;Results of Operations and Financial Condition.&rdquo; This information
shall not be deemed &ldquo;filed&rdquo; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange
Act&rdquo;), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether
made before or after the date of this report, regardless of any general incorporation language in the filing.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-indent: 24.5pt; margin-right: 0; margin-left: 0">On November 27, 2012,
Copart, Inc. issued a press release announcing its financial results for the first quarter of fiscal year 2013 which ended October
31, 2012. The full text of the press release is furnished herewith as <U>Exhibit 99.1</U>.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Section 9 &mdash; Financial Statements
and Exhibits </B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B><I>Item 9.01&#9;&nbsp;&nbsp;&nbsp;Financial Statements and
Exhibits</I></B></P>

<P STYLE="font: 11pt Arial Unicode MS; margin-right: 0; margin-left: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 3%; font: 11pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 2%; vertical-align: top; font: 11pt Times New Roman, Times, Serif">(d)</TD>
    <TD STYLE="width: 1%; vertical-align: top; font: 11pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 94%; vertical-align: top; font: 11pt Times New Roman, Times, Serif">Exhibits </TD></TR>
</TABLE>
<P STYLE="font: 11pt Arial Unicode MS; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The following exhibit
is furnished herewith:</P>

<P STYLE="font: 11pt Arial Unicode MS; margin-right: 0; margin-left: 0">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; font: bold 11pt Times New Roman, Times, Serif; padding-left: 24.5pt; text-align: center; vertical-align: bottom"><B>Exhibit<BR> <U>Number</U></B></TD>
    <TD STYLE="width: 89%; text-align: left; vertical-align: bottom">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0; text-indent: 0.5in"><B><U>Description</U></B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt Times New Roman, Times, Serif; padding-left: 24.5pt; text-align: center">99.1</TD>
    <TD STYLE="font: 11pt Times New Roman, Times, Serif; padding-left: 0.5in; text-align: left">Press release, dated November 27, 2012 of Copart, Inc. announcing its financial results
for the first quarter ended October 31, 2012.</TD></TR>
</TABLE>
<P STYLE="font: 11pt Arial Unicode MS; margin-right: 0; margin-left: 0">&nbsp;</P>

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<BR>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0; text-indent: 3pc">Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0; text-align: center">&nbsp;</P>

<P STYLE="Font: 11pt Times New Roman, Times, Serif; Margin: 1pc 0 -24pt">Dated: November 27, 2012 &#9;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0 21pc"><B>Copart, Inc.</B></P>
<BR>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 21pc">By: <U> /s/ William E. Franklin &#9;</U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pc">William E. Franklin</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pc">Senior Vice President of Finance and</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pc">Chief Financial Officer</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 1pc 0 0; text-align: center"><B>INDEX TO EXHIBITS</B></P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 11%; font: 11pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">Exhibit<BR><U>Number</U></TD>
    <TD STYLE="width: 89%; text-align: left; vertical-align: bottom">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><U>Description</U></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">99.1</TD>
    <TD STYLE="font: 11pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Press release, dated November 27, 2012 of Copart, Inc. announcing its financial results
for the first quarter ended October 31, 2012.</TD></TR>
</TABLE>
<P STYLE="font: 11pt Arial Unicode MS; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d29986_ex99-1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Press Release Draft 4 &nbsp;(00003332.DOC;1)</TITLE>
<META NAME="author" CONTENT="Rob Foss">
<META NAME="date" CONTENT="11/27/2012">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:100%"><P style="line-height:16pt; margin:0px; font-family:Arial; font-size:14pt" align=center><B>Copart, Inc.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">For Immediate Release</P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>Copart Reports First Quarter Fiscal 2013 Financial Results</B></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=justify>Dallas, TX. (November 27, 2012) &#151; Copart, Inc. (NASDAQ: CPRT)
today reported the results for its first quarter ended October 31, 2012.</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=justify>&nbsp;</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=justify>For the three months ended October 31, 2012, revenue, operating income
and net income were $238.9 million, $74.4 million and $45.8 million, respectively. &nbsp;These represent increases in revenue of $13.2 million, or 5.9%; in
operating income of $9.0 million, or 13.7%; and in net income of $4.7 million, or 11.4%, from the same quarter last year. &nbsp;Fully diluted earnings per share
for the three months ended October 31, 2012 were $0.36 compared to $0.31 for the same period last year, an increase of 16.1%.</P>
<P style="line-height:12pt; margin:0px" align=justify><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=justify>Also, during the current quarter the Company repurchased 500,000 shares
of its common stock at a weighted average price of $27.77 per share under its share repurchase program. &nbsp;At the end of the quarter, Copart had 47,713,218
shares available for repurchase under its share repurchase program.</P>
<P style="line-height:12pt; margin:0px" align=justify><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">On Wednesday November 28, 2012, at 11 a.m. Eastern time, Copart will conduct a
conference call to discuss the results for the quarter. The call will be webcast live at </P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt; color:#0000FF">
<U>http://w.on24.com/r.htm?e=544612&amp;s=1&amp;k=CEAE6B5A03619F91BE8BFD5643A0E74D</U><FONT style="font-family:Palatino; color:#000000"></FONT>
<FONT style="color:#000000">. A replay of the call will be available through December </FONT><FONT style="font-family:Palatino; color:#000000">28</FONT>
<FONT style="color:#000000">, 2012 by calling (888) 203-1112. &nbsp;Use confirmation code #6449355.</FONT></P>
<P style="margin:6.133px"><BR></P>
<P style="line-height:12pt; margin-top:6.133px; margin-bottom:6.133px; font-family:Arial; font-size:10pt"><B>About Copart</B></P>
<P style="line-height:12pt; margin:0px" align=justify><BR></P>
<P style="margin-top:6.133px; margin-bottom:6.133px; font-family:Arial" align=justify>Copart, founded in 1982, provides vehicle sellers with a full range of
remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users.
&nbsp;Copart remarkets the vehicles through Internet sales utilizing its patented VB<SUP>2</SUP> technology.&nbsp; Copart sells vehicles on behalf of insurance
companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as cars sourced from the general public. The company currently
operates 162 facilities; with operations in the United States and Canada (<FONT style="color:#0000FF"><U>www.copart.com</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>), the United Kingdom (<FONT style="color:#0000FF"><U>www.copart.co.uk</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>), Brazil (<FONT style="color:#0000FF"><U>www.copart.com.br</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>), Germany (<FONT style="color:#0000FF"><U>www.copart.de</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>) and the United Arab Emirates (<FONT style="color:#0000FF"><U>www.copart.ae</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>). Copart links sellers to more than 750,000 members in over 140 countries worldwide through
our online multi-channel platform. &nbsp;For more information, or to become a member, visit <FONT style="color:#0000FF"><U>www.copart.com</U></FONT><FONT style="font-family:Times New Roman; font-size:12pt"></FONT>.</P>
<P style="margin:6.133px" align=justify><BR>
<BR></P>
<P STYLE="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" ALIGN="CENTER">- 1 -</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>Copart, Inc. ~ 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254
~ (972) 391-5000</P>
<P style="margin:0px"><BR></P>
<HR NOSHADE SIZE="5">


<PAGE>
<BR>

<P style="line-height:16pt; margin:0px; font-family:Arial; font-size:14pt" align=center><B>Copart, Inc.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:6.133px" align=justify><BR></P>
<P style="line-height:12pt; margin-top:6.133px; margin-bottom:6.133px; font-family:Arial; font-size:10pt" align=justify><B>Cautionary Note About Forward-Looking
Statements</B></P>
<P style="margin-top:5.533px; margin-bottom:5.533px; font-family:Arial">This press release contains forward-looking statements within the meaning of federal
securities laws, and these forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to
certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For
a more complete discussion of the risks that could affect our business, please review the &#147;Management's Discussion and Analysis&#148; and the other risks
identified in Copart&#146;s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and
Exchange Commission. We encourage investors to review these disclosures carefully.&nbsp;We do not undertake to update any forward-looking statement that may be
made from time to time on our behalf. &nbsp;</P>
<P style="line-height:12pt; margin:0px" align=justify><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:15pt; margin-top:0px; margin-bottom:-20px; font-family:Arial; font-size:10pt">Contact:</P>
<P style="line-height:15pt; margin-top:0px; margin-bottom:-20px; text-indent:84px; font-family:Arial; font-size:10pt">Deana Lott, Assistant to the Chief
Financial Officer</P>
<P style="line-height:12pt; margin:0px; text-indent:420px; font-family:Arial; font-size:10pt">&nbsp;</P>
<P style="line-height:12pt; margin:0px; text-indent:48px; font-family:Arial; font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(972)
391-5094</P>
<P style="line-height:12pt; margin:0px; text-indent:48px; font-family:Arial;
font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deana.lott@copart.com</P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px" align=center><BR></P>
<P STYLE="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" ALIGN="CENTER">- 2 -</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>Copart, Inc. ~ 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254
~ (972) 391-5000</P>
<P style="margin:0px"><BR></P>
<HR NOSHADE SIZE="5">


<PAGE>
<BR>

<P style="line-height:16pt; margin:0px; font-family:Arial; font-size:14pt" align=center><B>Copart, Inc.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>Consolidated Statements of Income </B></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>(in thousands, except per share data)</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>(Unaudited)</P>
<DIV ALIGN="CENTER">
<TABLE STYLE="font-size:10pt" CELLSPACING="0"><TR height=0 style="font-size:0"><TD width=421.067></TD><TD width=18.133></TD><TD width=11.867></TD>
<TD width=96.933></TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"></TD><TD width=10.867></TD><TD width=0.667></TD><TD width=0.4></TD><TD width=72.333></TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"></TD></TR>
<TR><TD valign=bottom width=421.067><P>&nbsp;</P></TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD>
<TD style="border-bottom:1px solid #000000" valign=bottom width=205.067 colspan=7>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>Three&nbsp;months&nbsp;ended<BR>
October&nbsp;31,</B></P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=421.067><P>&nbsp;</P></TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD>
<TD style="border-bottom:1px solid #000000" valign=bottom width=108.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>2012</B></P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=84.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>2011</B></P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Service revenues and vehicle sales:</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 108.8px">
<P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="vertical-align: bottom; width: 84.26px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">Service revenues</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=11.867><P style="line-height:12pt; margin:0px; font-family:Arial;
font-size:10pt">$</P>
</TD><TD valign=bottom width=96.933><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>195,179</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=11.933 colspan=3>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD valign=bottom width=72.333><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>182,816</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Vehicle sales</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>43,687</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>42,810</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Total
service revenues and vehicle sales</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>238,866</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>225,626</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;
</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0">
<P>&nbsp;</P></TD><TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px"><P>&nbsp;</P></TD>
<TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">Operating costs and expenses:</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD valign=bottom width=94.267 colspan=4><P>&nbsp;</P></TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Yard operations</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>88,021</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>88,005</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">Cost of vehicle sales</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>36,311</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>34,194</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Yard depreciation and amortization</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>9,098</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>8,202</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;Gross margin</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>105,436</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>95,225</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px"><P style="line-height:12pt; margin:0px; font-family:Arial;
font-size:10pt">&nbsp;&nbsp;&nbsp;General and administrative</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>27,338</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>25,956</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">&nbsp;&nbsp;&nbsp;General and administrative
depreciation and amortization</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>3,741</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>3,893</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px"><P style="line-height:12pt; margin:0px; font-family:Arial;
font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>164,509</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>160,250</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; font-family:Arial;
font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>74,357</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>65,376</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Other (expense) income:</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">Interest (expense) income</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>(2,476</P></TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P STYLE="font: 10pt/12pt Arial; margin: 0px">)</P>
</TD><TD valign=bottom width=94.267 colspan=4><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>(2,125</P></TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Other (expense) income, net</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>(293</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">)</P>
</TD><TD COLSPAN="4" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>564</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Total
other (expense) </P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>(2,769</P></TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">)</P>
</TD><TD style="border-bottom:1px solid #000000" valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>(1,561</P></TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Income before income taxes</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>71,588</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>63,815</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial;
font-size:10pt">Income taxes</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.8 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>25,743</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=94.267 colspan=4>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>22,666</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Net income</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 11.86px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 96.93px"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>45,845</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="3" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 11.93px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 72.33px"><P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>41,149</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P>&nbsp;</P></TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2><P>&nbsp;</P>
</TD><TD STYLE="width: 12px; border-top-color: #000000; border-top-width: 0px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4><P>&nbsp;</P></TD>
<TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Earnings per share-basic</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Basic
net income per share</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=11.867>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=96.933>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>0.37</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=11.533 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=72.733 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>0.31</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Weighted average common shares
outstanding</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>124,302</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>131,432</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P>&nbsp;</P></TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD valign=bottom width=114.8 colspan=2><P>&nbsp;</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD valign=bottom width=94.267 colspan=4><P>&nbsp;</P></TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
</TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Earnings per share-diluted</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.8px">
<P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="vertical-align: bottom; width: 94.26px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=421.067><P style="line-height:12pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Diluted
net income per share</P>
</TD><TD valign=bottom width=18.133><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=11.867>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=96.933>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>0.36</P>
</TD><TD STYLE="width: 12px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=10.867>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=73.4 colspan=3>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>0.31</P>
</TD><TD STYLE="width: 16.8px; text-align: left; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 421.06px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt">Weighted average common shares and
dilutive potential common shares outstanding</P>
</TD><TD STYLE="vertical-align: bottom; width: 18.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 114.8px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>128,473</P>
</TD><TD STYLE="text-align: left; width: 12px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="4" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 94.26px">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=right>133,802</P>
</TD><TD STYLE="text-align: left; width: 16.8px; vertical-align: top; padding: 0"><P>&nbsp;</P></TD></TR>
</TABLE>
</DIV>
<P style="line-height:12pt; margin:0px" align=center><BR></P>
<P STYLE="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" ALIGN="CENTER">- 3 -</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>Copart, Inc. ~ 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254
~ (972) 391-5000</P>
<P style="margin:0px"><BR></P>
<HR NOSHADE SIZE="5">


<PAGE>
<BR>

<P style="line-height:16pt; margin:0px; font-family:Arial; font-size:14pt" align=center><B>Copart, Inc.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px" align=center><BR></P>
<DIV ALIGN="CENTER">
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>Consolidated Balance Sheets </B></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>(in thousands)</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>(Unaudited)</P>
<P style="line-height:12pt; margin:0px" align=center><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD STYLE="width: 0.66px"></TD><TD width=420.067></TD><TD width=18></TD><TD width=12></TD>
<TD width=96.067></TD><TD width=12></TD><TD width=11.867></TD><TD width=72.133></TD><TD width=17.867></TD></TR>
<TR><TD STYLE="vertical-align: bottom; width: 0.66px"><P>&nbsp;</P></TD><TD valign=bottom width=420.067><P>&nbsp;</P></TD>
<TD valign=bottom width=18><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=108.067 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>October 31,</B></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>&nbsp;2012</B></P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=84 colspan=2>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>July&nbsp;31, </B></P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center><B>2012</B></P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt" align=center><B>ASSETS</B></P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 108.06px">
<P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 84px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 17.86px">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=108.067 colspan=2><P>&nbsp;
</P></TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=84 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD>
</TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Current assets:</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 108.06px">
<P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 84px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 17.86px">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Cash and cash equivalents
</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=12><P style="margin:0px; font-family:Arial">$</P>
</TD><TD valign=bottom width=96.067><P style="margin:0px; font-family:Arial" align=right>131,430</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=11.867><P style="margin:0px; font-family:Arial">$</P>
</TD><TD valign=bottom width=72.133><P style="margin:0px; font-family:Arial" align=right>140,112</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Accounts receivable, net</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>149,554</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>138,966</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Vehicle pooling costs and
inventories</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>23,414</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>24,222</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Income taxes receivable</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>1,220</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>2,312</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Deferred income taxes</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>3,770</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>3,600</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Prepaid expenses and other
assets</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>14,655</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>9,155</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px"><P style="margin:0px; font-family:Arial">&nbsp;&nbsp;&nbsp;&nbsp;Assets held for
sale</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>3,026</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>3,926</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total current assets</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-top: #000000 1px solid; vertical-align: bottom; width: 114.06px"><P style="margin:0px; font-family:Arial"
align=right>327,069</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-top: #000000 1px solid; vertical-align: bottom; width: 88px"><P style="margin:0px; font-family:Arial" align=right>322,293
</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Property and equipment, net
</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>625,043</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>587,163</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Intangibles, net</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>7,041</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>7,985</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Goodwill</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>198,558</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>196,438</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Deferred income taxes</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>25,490</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>22,280</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Other assets</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.067 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>31,325</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>18,907</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total assets</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 12px"><P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 96.06px"><P style="margin:0px; font-family:Arial"
align=right>1,214,526</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 11.86px"><P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 72.13px"><P style="margin:0px; font-family:Arial"
align=right>1,155,066</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P>&nbsp;
</P></TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD>
</TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="line-height:12pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:10pt" align=center><B>LIABILITIES AND
SHAREHOLDERS&#146; EQUITY</B></P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 17.86px">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Current liabilities:</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=12><P>&nbsp;</P></TD>
<TD valign=bottom width=88 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Accounts payable and accrued liabilities</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 12px">
<P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="vertical-align: bottom; width: 96.06px"><P style="margin:0px; font-family:Arial" align=right>112,347</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 11.86px">
<P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="vertical-align: bottom; width: 72.13px"><P style="margin:0px; font-family:Arial" align=right>102,958</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Deferred revenue</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>5,218</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>5,390</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Income taxes payable</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>23,671</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>3,082</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Current portion of
long-term debt and capital lease obligations</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>75,177</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>75,170</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Other current liabilities</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>802</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88px"><P style="margin:0px; font-family:Arial" align=right>785
</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total current liabilities</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>217,215</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>187,385</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Deferred income taxes</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>7,098</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>7,186</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Income taxes payable</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>23,525</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>22,531</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Long term debt and capital
lease obligations</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>350,159</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>368,950</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Other liabilities</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>7,658</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88px"><P style="margin:0px; font-family:Arial"
align=right>7,897</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total liabilities</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.067 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>605,655</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>593,949</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Commitments and contingencies</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 17.86px">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial">Shareholders&#146; equity:
</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=12><P>&nbsp;</P></TD>
<TD valign=bottom width=88 colspan=2><P>&nbsp;</P></TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial">Preferred stock, $0.0001 par value &#150; 5,000,000 shares authorized; no
shares issued and outstanding at October 31, 2012 and July 31, 2012 respectively</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>&#151;</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>&#151;</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial">Common stock, $0.0001 par
value - 180,000,000 shares authorized; 124,297,683 and 124,393,700 shares issued and outstanding at October 31, 2012 and July 31, 2012, respectively</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD valign=bottom width=114.067 colspan=2><P style="margin:0px; font-family:Arial" align=right>12</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD valign=bottom width=88 colspan=2><P style="margin:0px; font-family:Arial" align=right>12</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Additional paid-in capital</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>332,021</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px">
<P style="margin:0px; font-family:Arial" align=right>326,187</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Accumulated other comprehensive loss</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>(30,705</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P style="margin:0px; font-family:Arial">)</P>
</TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88px"><P style="margin:0px; font-family:Arial" align=right>(38,043</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P style="margin:0px; font-family:Arial">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial">Retained earnings</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 114.06px">
<P style="margin:0px; font-family:Arial" align=right>307,543</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88px"><P style="margin:0px; font-family:Arial"
align=right>272,961</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=420.733 colspan=2><P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total shareholders&#146; equity
</P>
</TD><TD valign=bottom width=18><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=114.067 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>608,871</P>
</TD><TD valign=bottom width=12><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88 colspan=2>
<P style="margin:0px; font-family:Arial" align=right>561,117</P>
</TD><TD valign=bottom width=17.867><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 420.73px">
<P style="margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial">Total liabilities and shareholders&#146; equity</P>
</TD><TD STYLE="vertical-align: bottom; width: 18px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 12px"><P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 96.06px"><P style="margin:0px; font-family:Arial"
align=right>1,214,526</P>
</TD><TD STYLE="vertical-align: bottom; width: 12px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 11.86px"><P style="margin:0px; font-family:Arial">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 72.13px"><P style="margin:0px; font-family:Arial"
align=right>1,155,066</P>
</TD><TD STYLE="vertical-align: bottom; width: 17.86px"><P>&nbsp;</P></TD></TR>
</TABLE>
</DIV>
<P style="margin:0px" align=center><BR></P>
<P STYLE="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" ALIGN="CENTER">- 4 -</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>Copart, Inc. ~ 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254
~ (972) 391-5000</P>
<P style="margin:0px"><BR></P>
<HR NOSHADE SIZE="5">


<PAGE>
<BR>
<P style="line-height:16pt; margin:0px; font-family:Arial; font-size:14pt" align=center><B>Copart, Inc.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px" align=center><BR></P>

<P style="margin:0px; font-family:Arial" align=center><B>Consolidated Statements of Cash Flows<A NAME="ConsolidatedStatementsOfCashFlows_164734"></A></B></P>
<P style="margin:0px; font-family:Arial" align=center>(in thousands)</P>
<P style="margin:0px; font-family:Arial" align=center>(Unaudited)</P>
<DIV ALIGN="CENTER">
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=456.467></TD><TD width=11.6></TD><TD width=12.067></TD><TD width=72.067>
</TD><TD STYLE="width: 1.6px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"></TD><TD STYLE="width: 16.26px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"></TD><TD width=12.067></TD><TD width=84.733></TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"></TD></TR>
<TR><TD valign=bottom width=456.467><P>&nbsp;</P></TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD>
<TD style="border-bottom:1px solid #000000" valign=bottom width=198.8 colspan=6>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=center><B>Three&nbsp;Months&nbsp;Ended<BR>
October&nbsp;31,</B></P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=456.467><P>&nbsp;</P></TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD>
<TD style="border-bottom:1px solid #000000" valign=bottom width=84.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=center><B>2012</B></P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=96.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=center><B>2011</B></P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR><TD style="background-color:#CCEEFF" valign=bottom width=456.467>
<P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt"><B>Cash flows from operating
activities:</B></P>
</TD><TD style="background-color:#CCEEFF" valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="background-color:#CCEEFF" valign=bottom width=84.133 colspan=2>
<P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="width: 17.86px; background-color: #CCEEFF; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD style="background-color:#CCEEFF" valign=bottom width=96.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 11.93px; background-color: #CCEEFF; text-align: left; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Net income</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=12.067>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD valign=bottom width=72.067><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>45,845</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=12.067>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD valign=bottom width=84.733><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>41,149</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR><TD style="background-color:#CCEEFF" valign=bottom width=456.467>
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Adjustments to reconcile net income
to net cash provided by operating activities:</P>
</TD><TD style="background-color:#CCEEFF" valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="background-color:#CCEEFF" valign=bottom width=84.133 colspan=2>
<P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="width: 17.86px; background-color: #CCEEFF; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD style="background-color:#CCEEFF" valign=bottom width=96.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 11.93px; background-color: #CCEEFF; text-align: left; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Depreciation and amortization</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>12,839</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>12,027</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Allowance for doubtful accounts</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>&#151;</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(557</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Share-based compensation</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>5,174</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>5,045</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Excess tax benefits from share-based compensation</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(1,922</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(202</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Gain on sale of property and equipment
</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(204</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)
</P>
</TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(288</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Deferred income taxes</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(3,778</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(3,572</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:40px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Changes in operating assets and
liabilities, net of effects from acquisitions:</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Accounts receivable</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(10,321</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(13,144</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Vehicle pooling costs and
inventories</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>982</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>1,523</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Prepaid expenses and other current
assets</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(635</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)
</P>
</TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>3,499</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Other assets</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(6,039</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(4,165</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Accounts payable and accrued
liabilities</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>8,833</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>207</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Deferred revenue</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(174</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(1,108</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Income taxes receivable</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>3,067</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>4,572</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Income taxes payable</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>21,517</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>18,727</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:53.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Other liabilities</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>131</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>474</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:66.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Net cash provided by operating
activities</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>75,315</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>64,187</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P>&nbsp;</P></TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt"><B>Cash flows from investing
activities:</B></P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Purchases of property and equipment</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(48,069</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(7,274</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Proceeds from sale of assets</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>894</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>182</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Investment in escrow</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(11,167</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)
</P>
</TD><TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>&#151;</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:66.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Net cash used in investing activities</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(58,342</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD style="border-bottom:1px solid #000000" valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(7,092</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;
</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">
<B>Cash flows from financing activities:</B></P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Proceeds from the exercise of stock
options</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>4,148</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>1,359</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Excess tax benefit from share-based payment arrangements</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>1,922</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>202</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Proceeds from the issuance of long-term debt</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>&#151;</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>125,000</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Debt offering costs</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>&#151;</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(313</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Principal payments on notes payable</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(18,755</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>&#151;</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Repurchase of common stock</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 88.13px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(13,885</P>
</TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)
</P>
</TD><TD COLSPAN="2" STYLE="border-bottom: #000000 1px solid; vertical-align: bottom; width: 100.8px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(43,983</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:66.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Net cash (used in) provided by financing activities</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(26,570</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD style="border-bottom:1px solid #000000" valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>82,265</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;
</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Effect of foreign currency translation</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>915</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(692</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;
</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Net (decrease) increase in cash and cash equivalents</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>(8,682</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">)</P>
</TD><TD valign=bottom width=100.8 colspan=2><P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>138,668</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px"><P>&nbsp;</P></TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;
</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Cash and cash equivalents at beginning of period</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>140,112</P>
</TD><TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=bottom width=100.8 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>74,009</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Cash and cash equivalents at end of
period</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD>
<TD STYLE="border-top: #000000 1px solid; border-bottom: #000000 3px double; vertical-align: bottom; width: 12.06px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD COLSPAN="2" STYLE="border-top: #000000 1px solid; border-bottom: #000000 3px double; vertical-align: bottom; width: 73.66px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>131,430</P>
</TD><TD STYLE="text-align: left; width: 16.26px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 12.06px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 84.73px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>212,677</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P>&nbsp;</P></TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD valign=bottom width=88.133 colspan=2><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="width: 17.86px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD valign=bottom width=100.8 colspan=2><P>&nbsp;</P></TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P>
</TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:13.333px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt"><B>Supplemental disclosure of cash
flow information:</B></P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="vertical-align: bottom; width: 88.13px">
<P>&nbsp;</P></TD><TD COLSPAN="2" STYLE="text-align: left; width: 17.86px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD COLSPAN="2" STYLE="vertical-align: bottom; width: 100.8px"><P>&nbsp;</P></TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0">
<P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)"><TD valign=bottom width=456.467><P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial;
font-size:9.5pt">Interest paid</P>
</TD><TD valign=bottom width=11.6><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=12.067>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=73.667 colspan=2>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>2,584</P>
</TD><TD STYLE="width: 16.26px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD><TD style="border-bottom:3px double #000000" valign=bottom width=12.067>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD style="border-bottom:3px double #000000" valign=bottom width=84.733>
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>2,011</P>
</TD><TD STYLE="width: 11.93px; text-align: left; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
<TR STYLE="background-color: White"><TD STYLE="vertical-align: bottom; width: 456.46px">
<P style="line-height:11.5pt; margin:0px; padding-left:26.667px; text-indent:-13.333px; font-family:Arial; font-size:9.5pt">Income taxes paid</P>
</TD><TD STYLE="vertical-align: bottom; width: 11.6px"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 12.06px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD COLSPAN="2" STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 73.66px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>4,949</P>
</TD><TD STYLE="text-align: left; width: 16.26px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD>
<TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 12.06px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt">$</P>
</TD><TD STYLE="border-bottom: #000000 3px double; vertical-align: bottom; width: 84.73px">
<P style="line-height:11.5pt; margin:0px; font-family:Arial; font-size:9.5pt" align=right>2,998</P>
</TD><TD STYLE="text-align: left; width: 11.93px; vertical-align: top; padding: 0; text-indent: 0"><P>&nbsp;</P></TD></TR>
</TABLE>
</DIV>
<P style="line-height:12pt; margin:0px"><BR></P>
<P style="line-height:12pt; margin:0px"><BR></P>
<P STYLE="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" ALIGN="CENTER">- 5 -</P>
<P style="line-height:12pt; margin:0px; font-family:Arial; font-size:10pt" align=center>Copart, Inc. ~ 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254
~ (972) 391-5000</P>
<P style="margin:0px"><BR></P>

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