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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Service revenues and vehicle sales:    
Service revenues $ 307,078 $ 250,967
Vehicle sales 38,913 37,871
Total service revenues and vehicle sales 345,991 288,838
Operating expenses:    
Yard operations 167,611 135,909
Cost of vehicle sales 33,087 32,068
General and administrative 40,469 34,615
Total operating expenses 241,167 202,592
Operating income 104,824 86,246
Other (expense) income:    
Interest expense (5,959) (5,724)
Interest income 337 211
Other income, net 3,332 1,027
Total other expenses (2,290) (4,486)
Income before income taxes 102,534 81,760
Income tax (benefit) expense (64,746) 29,150
Net income $ 167,280 $ 52,610
Basic net income per common share $ 1.48 $ 0.44
Weighted average common shares outstanding 112,718 120,155
Diluted net income per common share $ 1.41 $ 0.41
Diluted weighted average common shares outstanding 118,879 127,144