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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:      
Net income $ 1,237,741 $ 1,090,130 $ 936,495
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization, including debt cost 159,684 138,605 123,084
Allowance for credit losses (gains) 1,946 1,349 (1,121)
Equity in losses (earnings) of unconsolidated affiliates 5,347 284 (3,240)
Stock-based compensation 39,673 38,965 40,922
Gain on sale of property and equipment (1,846) (939) (1,480)
Loss on extinguishment of debt 0 16,759 0
Deferred income taxes (benefits) 9,946 17,017 (7,951)
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable (123,207) (97,750) (127,513)
Vehicle pooling costs (10,989) (18,342) (20,476)
Inventories 26,549 (10,851) (24,602)
Prepaid expenses and other current and non-current assets (59,949) (5,156) 7,025
Operating lease right-of-use assets and lease liabilities 350 715 570
Accounts payable and accrued liabilities 18,010 36,306 44,613
Deferred revenue 5,896 (574) 8,781
Income taxes receivable 33,193 (29,884) 6,739
Income taxes payable 21,866 49 9,045
Net cash provided by operating activities 1,364,210 1,176,683 990,891
Cash flows from investing activities:      
Purchases of property and equipment (516,636) (337,448) (462,996)
Proceeds from sale of property and equipment 33,919 4,333 2,530
Purchases of assets and liabilities in connection with acquisitions 0 (106,604) (5,000)
Purchase of held to maturity securities (1,406,588) (374,866) 0
Proceeds from the sale of held to maturity securities 0 374,866 0
Investment in unconsolidated affiliate (2,744) (2,591) 0
Net cash used in investing activities (1,892,049) (442,310) (465,466)
Cash flows from financing activities:      
Proceeds from the exercise of stock options 49,679 28,108 39,049
Proceeds from the issuance of Employee Stock Purchase Plan shares 11,098 9,625 9,136
Payments for employee stock-based tax withholdings (4,709) (1,925) (6,145)
Issuance of principal on revolver facility 44,494 0 0
Principal payments on revolver facility (33,924) 0 0
Debt offering costs 0 (1,212) 0
Principal payments on long-term debt 0 (416,759) 0
Payments of finance lease obligations (23) (530) (1,118)
Net cash provided by (used in) financing activities 66,615 (382,693) 40,922
Effect of foreign currency translation 34,383 (15,704) 4,195
Net (decrease) increase in cash, cash equivalents, and restricted cash (426,841) 335,976 570,542
Cash, cash equivalents, and restricted cash at beginning of period 1,384,236 1,048,260 477,718
Cash, cash equivalents, and restricted cash at end of period 957,395 1,384,236 1,048,260
Supplemental disclosure of cash flow information:      
Interest paid 2,614 18,539 19,723
Income taxes paid, net of refunds $ 257,514 $ 263,226 $ 178,241