Debt Instrument, Covenant, Maximum Leverage

No definition available.

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- Definition

Debt Instrument, Covenant, Minimum Liquidity

+ References

No definition available.

+ Details

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Balance Type:	credit
Period Type:	instant

- References

No definition available.

+ Details

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- Definition

Minimum Liquidity

+ References

No definition available.

+ Details

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Period Type:	instant

- Definition

Total Consolidated Net Leverage Ratio

+ References

No definition available.

+ Details

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

+ Details

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- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(16)(a)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used.

+ References

No definition available.

+ Details

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Balance Type:	na
Period Type:	duration

- Definition

Amount of increase (decrease) of the credit facility.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(f))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

+ Details

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Balance Type:	credit
Period Type:	duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

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Balance Type:	na
Period Type:	duration

- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-15

+ Details

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Balance Type:	credit
Period Type:	duration

- Details

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- Details

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- Details

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- Details

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- Details

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Long-Term Debt (Details) - USD ($)		3 Months Ended
Long-Term Debt (Details) - USD ($)	Dec. 21, 2021	Oct. 31, 2023	Jul. 31, 2023	Dec. 20, 2021
Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt offering costs	$ 2,700,000
Revolving Credit Facility \| Second Amended and Restated Credit Agreement
Line of Credit Facility [Line Items]
Outstanding borrowings		$ 10,600,000	$ 11,000,000
Maximum leverage	50,000,000
Minimum liquidity	$ 75,000,000
Total consolidated net leverage ratio		137.00%
Minimum liquidity		$ 3,800,000,000
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Scenario 1
Line of Credit Facility [Line Items]
Line of credit facility, covenant terms	325.00%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Scenario 2
Line of Credit Facility [Line Items]
Line of credit facility, covenant terms	350.00%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Minimum
Line of Credit Facility [Line Items]
Line of credit facility, commitment fee percentage		0.175%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Minimum \| Base Rate
Line of Credit Facility [Line Items]
Line of credit facility, commitment fee percentage		1.00%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Minimum \| Daily Rate
Line of Credit Facility [Line Items]
Applicable interest rate added to reference rate in order to compute variable interest rate		0.00%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Maximum
Line of Credit Facility [Line Items]
Line of credit facility, commitment fee percentage		0.275%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Maximum \| Base Rate
Line of Credit Facility [Line Items]
Line of credit facility, commitment fee percentage		1.75%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Maximum \| Daily Rate
Line of Credit Facility [Line Items]
Applicable interest rate added to reference rate in order to compute variable interest rate		0.75%
Revolving Credit Facility \| Second Amended and Restated Credit Agreement \| Wells Fargo, National Association, Truist Bank, BMO Harris Bank N.A., Santander Bank N.A., and Bank of America, N.A.
Line of Credit Facility [Line Items]
Line of credit facility, increase (decrease), net	$ 200,000,000
Maximum borrowing capacity	1,250,000,000
Outstanding borrowings	100,000,000			$ 60,000,000
Letter of Credit \| Second Amended and Restated Credit Agreement \| Wells Fargo, National Association, Truist Bank, BMO Harris Bank N.A., Santander Bank N.A., and Bank of America, N.A.
Line of Credit Facility [Line Items]
Maximum borrowing capacity	550,000,000
Letter of Credit \| Second Amended and Restated Credit Agreement \| Wells Fargo, National Association, Truist Bank, BMO Harris Bank N.A., Santander Bank N.A., and Bank of America, N.A. \| CPRT GmbH
Line of Credit Facility [Line Items]
Maximum borrowing capacity	150,000,000
Letter of Credit \| Second Amended and Restated Credit Agreement \| Wells Fargo, National Association, Truist Bank, BMO Harris Bank N.A., Santander Bank N.A., and Bank of America, N.A. \| Copart Autos España, S.L.U.
Line of Credit Facility [Line Items]
Maximum borrowing capacity	150,000,000
Letter of Credit \| Second Amended and Restated Credit Agreement \| Wells Fargo, National Association, Truist Bank, BMO Harris Bank N.A., Santander Bank N.A., and Bank of America, N.A. \| Copart UK Limited
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 250,000,000