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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Total service revenues and vehicle sales $ 1,127,259 $ 1,021,831 $ 3,167,824 $ 2,871,927
Operating expenses:        
Yard operations 438,873 378,958 1,256,552 1,127,232
Cost of vehicle sales 162,881 159,443 457,596 465,282
General and administrative 88,302 64,506 241,197 183,461
Total operating expenses 690,056 602,907 1,955,345 1,775,975
Operating income 437,203 418,924 1,212,479 1,095,952
Other income (expense):        
Interest income, net 36,218 17,878 102,179 36,780
Other (expense) income, net (1,309) 3,628 (8,484) (2,096)
Total other income 34,909 21,506 93,695 34,684
Income before income taxes 472,112 440,430 1,306,174 1,130,636
Income tax expense 90,002 89,999 266,005 240,680
Net income 382,110 350,431 1,040,169 889,956
Less: Net income/(loss) attributable to redeemable noncontrolling interest (181) 0 (284) 0
Net income attributable to Copart, Inc. $ 382,291 $ 350,431 $ 1,040,453 $ 889,956
Basic net income per common share (in dollars per share) $ 0.40 $ 0.37 $ 1.08 $ 0.93
Weighted average common shares outstanding (in shares) 961,813 953,574 960,143 952,834
Diluted net income per common share (in dollars per share) $ 0.39 $ 0.36 $ 1.07 $ 0.92
Diluted weighted average common shares outstanding (in shares) 976,445 967,380 974,226 965,436
Service revenues        
Total service revenues and vehicle sales $ 946,630 $ 847,249 $ 2,667,911 $ 2,363,886
Vehicle sales        
Total service revenues and vehicle sales $ 180,629 $ 174,582 $ 499,913 $ 508,041