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Stock-based Payment Compensation (Tables)
9 Months Ended
Apr. 30, 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 nine months ended April 30, 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
 
422

 
38.45

 
 
 
 
Exercises
 
(261
)
 
22.19

 
 
 
 
Forfeitures or expirations
 
(155
)
 
35.89

 
 
 
 
Outstanding as of April 30, 2016
 
21,017

 
$
23.88

 
5.12
 
$
398,562

Exercisable as of April 30, 2016
 
15,560

 
$
19.68

 
3.97
 
$
360,384

Recognized stock-based compensation expense
The table below sets forth the stock-based payment compensation recognized by the Company:
 
Three Months Ended April 30,
 
Nine Months Ended April 30,
(In thousands)
2016
 
2015
 
2016
 
2015
General and administrative
$
4,320

 
$
3,794

 
$
13,758

 
$
11,569

Yard operations
714

 
626

 
2,076

 
1,721

Total stock-based payment compensation
$
5,034

 
$
4,420

 
$
15,834

 
$
13,290