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Stock-based Payment Compensation (Tables)
6 Months Ended
Jan. 31, 2016
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 six months ended January 31, 2016:
(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
 
370

 
38.50

 
 
 
 
Exercises
 
(100
)
 
17.42

 
 
 
 
Forfeitures or expirations
 
(57
)
 
35.88

 
 
 
 
Outstanding as of January 31, 2016
 
21,224

 
$
23.91

 
5.37
 
$
223,358

Exercisable as of January 31, 2016
 
15,204

 
$
19.24

 
4.09
 
$
221,706

Recognized stock-based compensation expense
The table below sets forth the stock-based payment compensation recognized by the Company:
 
Three Months Ended January 31,
 
Six Months Ended January 31,
(In thousands)
2016
 
2015
 
2016
 
2015
General and administrative
$
4,710

 
$
3,955

 
$
9,438

 
$
7,775

Yard operations
676

 
549

 
1,362

 
1,095

Total stock-based payment compensation
$
5,386

 
$
4,504

 
$
10,800

 
$
8,870