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Quarterly Information | 12 Months Ended
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Jul. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Information (in thousands, except per share data) (Unaudited) | 17 — Quarterly Financial Information (Unaudited)(1)
|  | Fiscal Quarter
Fiscal Year 2019 (In thousands, except per share data) |  | First |  | Second |  | Third |  | Fourth
Total revenue |  | $ | 461,368 |  |  | $ | 484,898 |  |  | $ | 553,116 |  |  | $ | 542,575 |
Gross profit |  | 195,918 |  |  | 208,226 |  |  | 251,579 |  |  | 242,619 |
Operating income |  | 151,440 |  |  | 164,739 |  |  | 207,494 |  |  | 192,802 |
Income before income taxes |  | 148,786 |  |  | 164,966 |  |  | 204,129 |  |  | 187,070 |
Net income attributable to Copart, Inc. |  | 114,083 |  |  | 131,373 |  |  | 192,741 |  |  | 153,496 |
Basic net income per common share |  | $ | 0.49 |  |  | $ | 0.57 |  |  | $ | 0.85 |  |  | $ | 0.67 |
Diluted net income per common share |  | $ | 0.47 |  |  | $ | 0.55 |  |  | $ | 0.81 |  |  | $ | 0.64 |
|  | Fiscal Quarter
Fiscal Year 2018 (In thousands, except per share data) |  | First |  | Second |  | Third |  | Fourth
Total revenue |  | $ | 419,168 |  |  | $ | 459,106 |  |  | $ | 478,198 |  |  | $ | 449,223 |
Gross profit |  | 163,264 |  |  | 191,609 |  |  | 219,068 |  |  | 188,425 |
Operating income |  | 123,942 |  |  | 150,947 |  |  | 174,619 |  |  | 134,837 |
Income before income taxes |  | 114,128 |  |  | 144,438 |  |  | 171,216 |  |  | 132,729 |
Net income attributable to Copart, Inc. |  | 77,515 |  |  | 103,256 |  |  | 127,348 |  |  | 109,748 |
Basic net income per common share |  | $ | 0.34 |  |  | $ | 0.45 |  |  | $ | 0.55 |  |  | $ | 0.47 |
Diluted net income per common share |  | $ | 0.32 |  |  | $ | 0.43 |  |  | $ | 0.52 |  |  | $ | 0.45 |
(1) Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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