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Stock-based Payment Compensation (Tables)
3 Months Ended
Oct. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of option activity for stock options
The following is a summary of activity for the Company’s stock options for the three months ended October 31, 2015:
(In thousands, except per share and term data)
 
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (In years)
 
Aggregate Intrinsic Value
Outstanding as of July 31, 2015
 
21,011

 
$
23.65

 
5.78
 
$
261,339

Grants of options
 
10

 
34.94

 
 
 
 
Exercises
 
(31
)
 
12.02

 
 
 
 
Forfeitures or expirations
 
(1
)
 
35.45

 
 
 
 
Outstanding as of October 31, 2015
 
20,989

 
$
23.67

 
5.54
 
$
264,104

Exercisable as of October 31, 2015
 
14,802

 
$
18.79

 
4.22
 
$
257,895

Recognized stock-based compensation expense
The table below sets forth the stock-based payment compensation recognized by the Company:
 
Three months ended October 31,
(In thousands)
2015
 
2014
General and administrative
$
4,728

 
$
3,820

Yard operations
686

 
546

Total stock-based payment compensation
$
5,414

 
$
4,366