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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Jan. 31, 2017
Jan. 31, 2016
Service revenues and vehicle sales:        
Service revenues $ 310,033 $ 260,417 $ 617,111 $ 511,384
Vehicle sales 39,499 39,289 78,412 77,160
Total service revenues and vehicle sales 349,532 299,706 695,523 588,544
Operating expenses:        
Yard operations 169,081 140,965 336,692 276,874
Cost of vehicle sales 33,686 34,127 66,773 66,195
General and administrative 37,885 32,529 78,354 67,144
Total operating expenses 240,652 207,621 481,819 410,213
Operating income 108,880 92,085 213,704 178,331
Other (expense) income:        
Interest expense (6,144) (5,570) (12,103) (11,294)
Interest income 384 602 721 813
Other (expense) income, net (3,021) 4,435 311 5,462
Total other expenses (8,781) (533) (11,071) (5,019)
Income before income taxes 100,099 91,552 202,633 173,312
Income tax expense (benefit) 34,033 32,548 (30,713) 61,698
Net income $ 66,066 $ 59,004 $ 233,346 $ 111,614
Basic net income per common share $ 0.58 $ 0.50 $ 2.05 $ 0.94
Weighted average common shares outstanding 114,571 117,306 113,644 118,731
Diluted net income per common share $ 0.56 $ 0.47 $ 1.97 $ 0.89
Diluted weighted average common shares outstanding 117,794 124,612 118,336 125,878