XML 24 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accounts Receivable, Net
 12 Months Ended
Jul. 31, 2017
Accounts Receivable, Net [Abstract]  
Accounts Receivable, Net
3 — Accounts Receivable, Net

Accounts receivable, net consisted of:
 
 
July 31,
(In thousands)
 
2017
 
2016
Advance charges receivable
 
$
204,097

 
$
182,824

Trade accounts receivable
 
110,189

 
86,455

Other receivables
 
1,871

 
1,111

 
 
316,157

 
270,390

Less: Allowance for doubtful accounts
 
(4,311
)
 
(4,120
)
Accounts receivable, net
 
$
311,846

 
$
266,270



Advance charges receivable represents unbilled amounts paid to third parties on behalf of insurance companies for which the Company will be reimbursed when the vehicle is sold. Trade accounts receivable includes fees and gross auction proceeds to be collected from insurance companies and members.

The movements in the allowance for doubtful accounts were as follows:
 
 
July 31,
(In thousands)
 
2017
 
2016
 
2015
Balance at beginning of year
 
$
4,120

 
$
2,988

 
$
3,584

Charged to costs and expenses
 
2,928

 
3,646

 
2,221

Deductions to bad debt
 
(2,737
)
 
(2,514
)
 
(2,817
)
Balance at end of year
 
$
4,311

 
$
4,120

 
$
2,988