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Segments and Other Geographic Reporting (Notes)
 3 Months Ended
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