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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
Service revenues and vehicle sales: $ 733,910 $ 550,360 $ 1,943,881 $ 1,679,924
Operating Costs and Expenses 405,799 355,259 1,108,955 1,069,540
Interest expense, net (5,346) (5,578) (15,227) (14,068)
Operating expenses:        
Yard operations 258,071 253,760 725,786 751,902
Cost of vehicle sales 94,498 53,987 232,487 170,651
General and administrative 53,230 47,512 150,682 146,987
Total operating expenses 405,799 355,259 1,108,955 1,069,540
Other expense:        
Interest expense, net (5,346) (5,578) (15,227) (14,068)
Other income, net 770 2,277 3,103 2,640
Total other expense (4,576) (3,301) (12,124) (11,428)
Operating income 328,111 195,101 834,926 610,384
Income before income taxes 323,535 191,800 822,802 598,956
Income tax expense (36,739) (44,313) (142,281) (64,582)
Net income $ 286,796 $ 147,487 $ 680,521 $ 534,374
Basic net income per common share $ 1.21 $ 0.63 $ 2.88 $ 2.30
Weighted average common shares outstanding 236,396 234,133 236,110 232,647
Diluted net income per common share $ 1.19 $ 0.62 $ 2.83 $ 2.24
Diluted weighted average common shares outstanding 240,208 238,591 240,149 238,564
Service revenues        
Service revenues and vehicle sales: $ 623,846 $ 491,582 $ 1,671,819 $ 1,489,472
Vehicle sales        
Service revenues and vehicle sales: $ 110,064 $ 58,778 $ 272,062 $ 190,452