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Segments and Other Geographic Reporting (Notes) | 3 Months Ended
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Oct. 31, 2016
Segment Reporting Information [Line Items] |
Segment Reporting Disclosure | NOTE 11 – 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 as of July 31, 2016 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) is primarily related to charges for services provided by the U.S. segment. The following tables present financial information by segment:
|  | Three Months Ended October 31, 2016
(In thousands) |  | United States |  | International |  | Total
Total service revenues and vehicle sales |  | $ | 285,062 |  |  | $ | 60,929 |  |  | $ | 345,991 |
Yard operations |  | 146,353 |  |  | 21,258 |  |  | 167,611 |
Cost of vehicle sales |  | 14,249 |  |  | 18,838 |  |  | 33,087 |
General and administrative |  | 35,478 |  |  | 4,991 |  |  | 40,469 |
Operating income |  | 88,982 |  |  | 15,842 |  |  | 104,824 |
Interest (expense) income, net |  | (5,861 | ) |  | 239 |  |  | (5,622 | )
Other income, net |  | (245 | ) |  | 3,577 |  |  | 3,332 |
Intercompany income (expense) |  | 2,708 |  |  | (2,708 | ) |  | — |
Income before income taxes |  | 85,584 |  |  | 16,950 |  |  | 102,534 |
Income tax (benefit) expense |  | (68,303 | ) |  | 3,557 |  |  | (64,746 | )
Net income |  | $ | 153,887 |  |  | $ | 13,393 |  |  | $ | 167,280 |
Depreciation and amortization |  | $ | 12,386 |  |  | $ | 2,323 |  |  | $ | 14,709 |
Capital expenditures |  | 36,521 |  |  | 1,688 |  |  | 38,209 |
Total assets |  | 1,375,198 |  |  | 395,198 |  |  | 1,770,396 |
Goodwill |  | 179,906 |  |  | 75,187 |  |  | 255,093 |
|  | Three Months Ended October 31, 2015
(In thousands) |  | United States |  | International |  | Total
Total service revenues and vehicle sales |  | $ | 230,465 |  |  | $ | 58,373 |  |  | $ | 288,838 |
Yard operations |  | 115,118 |  |  | 20,791 |  |  | 135,909 |
Cost of vehicle sales |  | 12,726 |  |  | 19,342 |  |  | 32,068 |
General and administrative |  | 29,682 |  |  | 4,933 |  |  | 34,615 |
Operating income |  | 72,939 |  |  | 13,307 |  |  | 86,246 |
Interest (expense) income, net |  | (5,596 | ) |  | 83 |  |  | (5,513 | )
Other income, net |  | 301 |  |  | 726 |  |  | 1,027 |
Intercompany income (expense) |  | 2,799 |  |  | (2,799 | ) |  | — |
Income before income taxes |  | 70,443 |  |  | 11,317 |  |  | 81,760 |
Income taxes |  | 26,811 |  |  | 2,339 |  |  | 29,150 |
Net income |  | $ | 43,632 |  |  | $ | 8,978 |  |  | $ | 52,610 |
Depreciation and amortization |  | $ | 9,049 |  |  | $ | 2,472 |  |  | $ | 11,521 |
Capital expenditures |  | 19,321 |  |  | 846 |  |  | 20,167 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: 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 + Details
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- 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
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