XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Statement of Cash Flows [Abstract]    
Net Income (Loss) Attributable to Parent $ 393,725 $ 386,887
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including debt cost 60,898 48,097
Allowance for credit loss 213 1,301
Equity in (earnings) losses of unconsolidated affiliates (1,343) 3,124
Stock-based compensation 17,778 11,674
Gain on sale of property and equipment (1,145) (1,315)
Deferred income taxes 9,442 6,719
Changes in operating assets and liabilities:    
Accounts receivable (111,148) (78,510)
Vehicle pooling costs (19,099) (13,921)
Inventories (9,772) 2,765
Prepaid expenses and other current and non-current assets 5,802 7,184
Operating lease right-of-use assets and lease liabilities (470) (331)
Accounts payable and accrued liabilities 10,041 24,862
Deferred revenue 6,098 1,021
Income taxes receivable 20,243 (48,722)
Income taxes payable 10,838 5,794
Other liabilities 0 (371)
Net Cash Provided by (Used in) Operating Activities 393,041 356,920
Cash flows from investing activities:    
Purchases of property and equipment (283,214) (400,352)
Proceeds from sale of property and equipment 129 1,639
Net Cash Provided by (Used in) Investing Activities (283,085) (398,713)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 23,112 32,594
Proceeds from the issuance of Employee Stock Purchase Plan shares 4,880 3,955
Payments for employee stock-based tax withholdings 787 101,422
Payments of finance lease obligations (622) 0
Proceeds from (Repayments of) Lines of Credit 0 13,600
Net Cash Provided by (Used in) Financing Activities 26,583 (51,273)
Effect of foreign currency translation 2,146 258
Net increase (decrease) in cash, cash equivalents, and restricted cash 138,685 (92,808)
Cash, cash equivalents, and restricted cash at beginning of period 477,718 186,319
Cash, cash equivalents, and restricted cash at end of period 616,403 93,511
Supplemental disclosure of cash flow information:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 7,614 9,007
Income taxes paid, net of refunds $ 64,860 $ 57,591