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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:    
Net income $ 245,848 $ 260,363
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including debt cost 39,327 32,049
Allowance for credit loss 1,396 295
Equity in losses of unconsolidated affiliates 2,122 168
Stock-based compensation 10,192 9,452
Gain on sale of property and equipment (113) (440)
Deferred income taxes (1,780) 8,319
Changes in operating assets and liabilities:    
Accounts receivable (53,837) (82,676)
Vehicle pooling costs (4,643) (21,697)
Inventories 4,020 (3,463)
Prepaid expenses, other current and non-current assets (35,303) 3,071
Operating lease right-of-use assets and lease liabilities 52 382
Accounts payable and accrued liabilities 40,372 62,013
Deferred revenue (588) (979)
Income taxes receivable 44,595 19,479
Income taxes payable 19,899 26,204
Net cash provided by operating activities 311,559 312,540
Cash flows from investing activities:    
Purchases of property and equipment (152,655) (64,696)
Proceeds from sale of property and equipment 185 813
Net cash used in investing activities (152,470) (63,883)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 1,061 5,572
Payments for employee stock-based tax withholdings (295) (249)
Payments of finance lease obligations (7) (157)
Net cash provided by financing activities 759 5,166
Effect of foreign currency translation (4,693) (3,710)
Net increase in cash, cash equivalents, and restricted cash 155,155 250,113
Cash, cash equivalents, and restricted cash at beginning of period 1,384,236 1,048,260
Cash, cash equivalents, and restricted cash at end of period 1,539,391 1,298,373
Supplemental disclosure of cash flow information:    
Interest paid 64 5,080
Income taxes paid, net of refunds $ 5,700 $ 10,089