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Condensed Consolidated Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jan. 31, 2014 | Jan. 31, 2013 | Jan. 31, 2014 | Jan. 31, 2013
Service revenues and vehicle sales: |  |  |  |
Service revenues | $ 235,732 | $ 216,920 | $ 462,095 | $ 412,099
Vehicle sales | 50,702 | 49,265 | 104,222 | 92,952
Total service revenues and vehicle sales | 286,434 | 266,185 | 566,317 | 505,051
Operating costs and expenses: |  |  |  |
Yard operations | 131,246 | 127,164 | 257,202 | 224,283
Cost of vehicle sales | 43,642 | 42,204 | 89,733 | 78,515
General and administrative | 40,062 | 34,047 | 82,939 | 65,126
Total operating costs and expenses | 214,950 | 203,415 | 429,874 | 367,924
Operating income | 71,484 | 62,770 | 136,443 | 137,127
Other (expense) income: |  |  |  |
Interest expense | (2,209) | (2,588) | (4,495) | (5,220)
Interest income | 143 | 191 | 292 | 347
Other income | 1,170 | 744 | 2,593 | 451
Total other expense | (896) | (1,653) | (1,610) | (4,422)
Income before income taxes | 70,588 | 61,117 | 134,833 | 132,705
Income taxes | 25,243 | 21,477 | 48,066 | 47,220
Net income | $ 45,345 | $ 39,640 | $ 86,767 | $ 85,485
Earnings per share-basic |  |  |  |
Basic net income per share | $ 0.36 | $ 0.32 | $ 0.69 | $ 0.69
Weighted average common shares outstanding | 125,564 | 124,709 | 125,512 | 124,505
Earnings per share-diluted |  |  |  |
Diluted net income per share | $ 0.35 | $ 0.31 | $ 0.66 | $ 0.66
Diluted weighted average common shares outstanding | 131,101 | 129,520 | 130,904 | 128,997

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