Property and Equipment, Net

12 Months Ended

Jul. 31, 2013

Property, Plant and Equipment [Abstract]

(5)

Property and Equipment, Net

Property and equipment consists of the following (in thousands):

	Years Ended July 31,
	2013			2012
Transportation and other equipment	$	58,016		$	52,066
Office furniture and equipment		59,936			53,363
Software		74,261			54,399
Land		443,126			350,463
Buildings and leasehold improvements		414,284			400,302
		1,049,623			910,593
Less accumulated depreciation and amortization		(372,106	)		(323,430	)
	$	677,517		$	587,163

Depreciation expense on property and equipment was $42.0 million, $34.8 million and $40.2 million for the fiscal years ended July 31, 2013, 2012 and 2011 respectively. Amortization expense of software was $9.5 million, $8.9 million and $0.8 million for the fiscal years ended July 31, 2013, 2012 and 2011 respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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