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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2024
Jan. 31, 2023
Total service revenues and vehicle sales $ 1,020,149 $ 956,724 $ 2,040,565 $ 1,850,096
Operating expenses:        
Yard operations 409,178 375,497 817,679 748,274
Cost of vehicle sales 146,819 154,727 294,715 305,839
General and administrative 84,252 60,975 152,895 118,955
Total operating expenses 640,249 591,199 1,265,289 1,173,068
Operating income 379,900 365,525 775,276 677,028
Other income (expense):        
Interest income, net 33,956 14,480 65,961 18,902
Other expense, net (3,103) (2,902) (7,175) (5,724)
Total other income 30,853 11,578 58,786 13,178
Income before income taxes 410,753 377,103 834,062 690,206
Income tax expense 85,226 83,426 176,003 150,681
Net income 325,527 293,677 658,059 539,525
Less: Net income/(loss) attributable to redeemable noncontrolling interest (108) 0 (103) 0
Net income attributable to Copart, Inc. $ 325,635 $ 293,677 $ 658,162 $ 539,525
Basic net income per common share (in dollars per share) $ 0.34 $ 0.31 $ 0.69 $ 0.57
Weighted average common shares outstanding (in shares) 960,525 952,752 959,326 952,474
Diluted net income per common share (in dollars per share) $ 0.33 $ 0.30 $ 0.68 $ 0.56
Diluted weighted average common shares outstanding (in shares) 974,589 965,072 973,135 964,476
Service revenues        
Total service revenues and vehicle sales $ 861,745 $ 789,797 $ 1,721,281 $ 1,516,637
Vehicle sales        
Total service revenues and vehicle sales $ 158,404 $ 166,927 $ 319,284 $ 333,459