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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
Service revenues and vehicle sales:      
Service revenues $ 1,104,379 $ 985,363 $ 958,413
Vehicle sales 164,070 160,716 205,076
Total service revenues and vehicle sales 1,268,449 1,146,079 1,163,489
Operating expenses:      
Yard operations 582,904 526,291 520,423
Cost of vehicle sales 140,959 136,412 174,493
General and administrative 138,116 138,975 164,535
Impairment of long-lived assets 0 0 29,104
Total operating expenses 861,979 801,678 888,555
Operating income 406,470 344,401 274,934
Other (expense) income:      
Interest expense (23,606) (18,121) (8,768)
Interest income 1,449 817 491
Other income, net 11,552 4,972 3,378
Total other expense (10,605) (12,332) (4,899)
Income before income taxes 395,865 332,069 270,035
Income taxes 125,505 112,286 91,348
Net income $ 270,360 $ 219,783 $ 178,687
Basic net income per common share $ 2.36 $ 1.75 $ 1.42
Weighted average common shares outstanding 114,423 125,914 125,693
Diluted net income per common share $ 2.21 $ 1.67 $ 1.36
Diluted weighted average common shares outstanding 122,147 131,425 131,230