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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
Service revenues and vehicle sales $ 2,041,957 $ 1,805,695 $ 1,447,981
Operating expenses:      
Yard operations 888,111 846,868 678,401
Cost of vehicle sales 255,504 196,461 137,552
General and administrative 181,867 176,890 151,364
Impairment of long-lived assets 0 1,131 19,365
Total operating expenses 1,325,482 1,221,350 986,682
Operating income 716,475 584,345 461,299
Other (expense) income:      
Interest expense (19,810) (20,368) (23,779)
Interest income 2,225 1,293 1,406
Other income (expense), net 6,061 (2,759) 1,174
Total other expense (11,524) (21,834) (21,199)
Income before income taxes 704,951 562,511 440,100
Income tax expense 113,258 144,504 45,839
Net income 591,693 418,007 394,261
Net income attributable to noncontrolling interest 0 140 34
Net income attributable to Copart, Inc. $ 591,693 $ 417,867 $ 394,227
Basic net income per common share $ 2.57 $ 1.80 $ 1.72
Weighted average common shares outstanding 230,489 231,793 228,686
Diluted net income per common share $ 2.46 $ 1.73 $ 1.66
Diluted weighted average common shares outstanding 240,453 241,877 237,019
Service revenues      
Service revenues and vehicle sales $ 1,755,694 $ 1,578,502 $ 1,286,252
Vehicle sales      
Service revenues and vehicle sales $ 286,263 $ 227,193 $ 161,729