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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Service revenues and vehicle sales:    
Service revenues $ 374,125 $ 307,078
Vehicle sales 45,043 38,913
Total service revenues and vehicle sales 419,168 345,991
Operating expenses:    
Yard operations 217,607 167,611
Cost of vehicle sales 38,297 33,087
General and administrative 39,322 40,469
Total operating expenses 295,226 241,167
Operating income 123,942 104,824
Other (expense) income:    
Interest expense (5,595) (5,959)
Interest income 197 337
Other (expense) income, net (4,416) 3,332
Total other expenses (9,814) (2,290)
Income before income taxes 114,128 102,534
Income tax expense (benefit) (36,568) 64,746
Net income 77,560 167,280
Net income attributable to noncontrolling interest 45 0
Net income attributable to Copart, Inc. $ 77,515 $ 167,280
Basic net income per common share $ 0.34 $ 0.74
Weighted average common shares outstanding 230,694 225,436
Diluted net income per common share $ 0.32 $ 0.70
Diluted weighted average common shares outstanding 238,791 237,758