XML 54 R40.htm IDEA: XBRL DOCUMENT v3.5.0.2

Segments and Other Geographic Information (Tables)

12 Months Ended

Jul. 31, 2016

Jul. 31, 2015

Jul. 31, 2014

Segment Reporting Information [Line Items]

Schedule of revenues by geographic location

14 — Segments and Other Geographic Reporting

The Company’s U.S. and International regions are considered two separate operating segments and are disclosed as two reportable segments. The segments represent geographic areas and reflect how the chief operating decision maker allocates resources and measures results, including total revenues, operating income and income before income taxes. The segments continue to share similar business models, services and economic characteristics although recent changes in management structure and continued growth in the Company's International region have resulted in the change in the reportable segments. Prior period reportable segment information has been adjusted to reflect the change in the Company's reportable segments. Intercompany income (expense) primarily related to charges for services provided by the U.S. segment.

The following tables present financial information by segment:

	Year Ended July 31, 2016
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	1,016,036			$	252,413			$	1,268,449
Yard operations	494,146				88,758				582,904
Cost of vehicle sales	55,866				85,093				140,959
General and administrative	118,315				19,801				138,116
Operating income	347,709				58,761				406,470
Interest (expense) income, net	(23,178		)		1,021				(22,157		)
Other income, net	1,216				10,336				11,552
Intercompany income (expense)	13,266				(13,266		)		—
Income before income taxes	339,013				56,852				395,865
Income taxes	115,667				9,838				125,505
Net income	$	223,346			$	47,014			$	270,360
Depreciation and amortization	$	39,083			$	9,492			$	48,575
Capital expenditures, including acquisitions	153,451				20,466				173,917
Total assets	1,249,755				400,065				1,649,820
Goodwill	179,906				80,292				260,198

	Year Ended July 31, 2015
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	902,880			$	243,199			$	1,146,079
Yard operations	440,517				85,774				526,291
Cost of vehicle sales	52,232				84,180				136,412
General and administrative	120,140				18,835				138,975
Operating income	289,991				54,410				344,401
Interest (expense) income, net	(17,622		)		318				(17,304		)
Other income, net	2,707				2,265				4,972
Intercompany income (expense)	11,093				(11,093		)		—
Income before income taxes	286,169				45,900				332,069
Income taxes	102,379				9,907				112,286
Net income	$	183,790			$	35,993			$	219,783
Depreciation and amortization	$	36,238			$	10,335			$	46,573
Capital expenditures, including acquisitions	64,769				14,384				79,153
Total assets	1,404,946				393,714				1,798,660
Goodwill	176,890				94,960				271,850

	Year Ended July 31, 2014
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	893,659			$	269,830			$	1,163,489
Yard operations	437,744				82,679				520,423
Cost of vehicle sales	59,902				114,591				174,493
General and administrative	143,525				21,010				164,535
Impairment of long-lived assets	29,104				—				29,104
Operating income	223,384				51,550				274,934
Interest (expense) income, net	(5,738		)		(2,539		)		(8,277		)
Other income, net	3,485				(107		)		3,378
Intercompany income (expense)	9,835				(9,835		)		—
Income before income taxes	230,966				39,069				270,035
Income taxes	82,223				9,125				91,348
Net income	$	148,743			$	29,944			$	178,687
Depreciation and amortization	$	44,516			$	9,210			$	53,726
Capital expenditures, including acquisitions	59,724				36,086				95,810
Total assets	1,090,774				415,347				1,506,121
Goodwill	176,695				107,085				283,780

The following tables present financial information by segment:

	Year Ended July 31, 2016
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	1,016,036			$	252,413			$	1,268,449
Yard operations	494,146				88,758				582,904
Cost of vehicle sales	55,866				85,093				140,959
General and administrative	118,315				19,801				138,116
Operating income	347,709				58,761				406,470
Interest (expense) income, net	(23,178		)		1,021				(22,157		)
Other income, net	1,216				10,336				11,552
Intercompany income (expense)	13,266				(13,266		)		—
Income before income taxes	339,013				56,852				395,865
Income taxes	115,667				9,838				125,505
Net income	$	223,346			$	47,014			$	270,360
Depreciation and amortization	$	39,083			$	9,492			$	48,575
Capital expenditures, including acquisitions	153,451				20,466				173,917
Total assets	1,249,755				400,065				1,649,820
Goodwill	179,906				80,292				260,198

	Year Ended July 31, 2015
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	902,880			$	243,199			$	1,146,079
Yard operations	440,517				85,774				526,291
Cost of vehicle sales	52,232				84,180				136,412
General and administrative	120,140				18,835				138,975
Operating income	289,991				54,410				344,401
Interest (expense) income, net	(17,622		)		318				(17,304		)
Other income, net	2,707				2,265				4,972
Intercompany income (expense)	11,093				(11,093		)		—
Income before income taxes	286,169				45,900				332,069
Income taxes	102,379				9,907				112,286
Net income	$	183,790			$	35,993			$	219,783
Depreciation and amortization	$	36,238			$	10,335			$	46,573
Capital expenditures, including acquisitions	64,769				14,384				79,153
Total assets	1,404,946				393,714				1,798,660
Goodwill	176,890				94,960				271,850

	Year Ended July 31, 2014
(In thousands)	United States				International				Total
Total service revenues and vehicle sales	$	893,659			$	269,830			$	1,163,489
Yard operations	437,744				82,679				520,423
Cost of vehicle sales	59,902				114,591				174,493
General and administrative	143,525				21,010				164,535
Impairment of long-lived assets	29,104				—				29,104
Operating income	223,384				51,550				274,934
Interest (expense) income, net	(5,738		)		(2,539		)		(8,277		)
Other income, net	3,485				(107		)		3,378
Intercompany income (expense)	9,835				(9,835		)		—
Income before income taxes	230,966				39,069				270,035
Income taxes	82,223				9,125				91,348
Net income	$	148,743			$	29,944			$	178,687
Depreciation and amortization	$	44,516			$	9,210			$	53,726
Capital expenditures, including acquisitions	59,724				36,086				95,810
Total assets	1,090,774				415,347				1,506,121
Goodwill	176,695				107,085				283,780

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingInformationLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration