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Quarterly Information (Tables)
12 Months Ended
Jul. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
 
 
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.