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Income Taxes (Tables) | 12 Months Ended
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Jul. 31, 2012
Income Tax Disclosure [Abstract] |
Components Of Deferred Tax Liabilities And Assets | Significant components of the Company’s deferred tax liabilities and assets are as follows (in thousands):
| July 31,
| 2012 | 2011
Deferred income tax liabilities: |  |
Fixed assets | $ | 145,316 |  | $ | 131,024 |
Intangible assets | 34,859 |  | 34,350 |
Real estate and other investments | 3,511 |  | 5,326 |
Total | 183,686 |  | 170,700 |
Deferred income tax assets: |  |
Deferred membership revenue | 21,056 |  | 22,668 |
Real estate and other investments | — |  | 2,124 |
Deferred compensation and other accrued benefits | 9,196 |  | 10,093 |
Stock-based compensation | 15,053 |  | 13,436 |
Unfavorable lease obligation, net | 14,855 |  | 15,754 |
Net operating loss carryforwards other tax credits | 4,083 |  | 2,187 |
Other, net | 7,516 |  | 1,985 |
Total | 71,759 |  | 68,247 |
Valuation allowance for deferred income taxes | (1,588 | ) | (1,588 | )
Deferred income tax assets, net of valuation allowance | 70,171 |  | 66,659 |
Net deferred income tax liability | $ | 113,515 |  | $ | 104,041 |
Net Current And Non-Current Components Of Deferred Income Taxes | The net current and non-current components of deferred income taxes recognized in the Consolidated Balance Sheets are as follows (in thousands):
| July 31,
| 2012 | 2011
Net current deferred income tax asset | $ | 24,458 |  | $ | 29,167 |
Net non-current deferred income tax asset | 1,420 |  | — |
Net non-current deferred income tax liability | 139,393 |  | 133,208 |
Net deferred income tax liability | $ | 113,515 |  | $ | 104,041 |
Components Of Provision (Benefit) For Income Taxes | Significant components of the provision (benefit) for income taxes are as follows (in thousands):
| Year Ended July 31,
| 2012 | 2011 | 2010
Current: |  |  |
Federal | $ | 1,407 |  | $ | (9,886 | ) | $ | 19,661 |
State | 51 |  | (1,210 | ) | 2,788 |
Total current | 1,458 |  | (11,096 | ) | 22,449 |
Deferred: |  |  |
Federal | 7,682 |  | 28,087 |  | (3,989 | )
State | 1,561 |  | 4,107 |  | (438 | )
Total deferred | 9,243 |  | 32,194 |  | (4,427 | )
Provision for income taxes | $ | 10,701 |  | $ | 21,098 |  | $ | 18,022 |
Reconciliation Of Effective Income Tax Rate And Effective Rate From Continuing Operation | A reconciliation of the income tax provision from continuing operations and the amount computed by applying the United States Federal statutory income tax rate to income before income taxes is as follows:
| Year Ended July 31,
| 2012 | 2011 | 2010
At U.S. Federal income tax rate | 35.0 | % | 35.0 | % | 35.0 | %
State income tax, net of Federal benefit | 3.1 | % | 3.1 | % | 2.8 | %
Nondeductible meals or entertainment | 0.7 | % | 0.4 | % | 0.3 | %
Noncontrolling interest | — | % | 0.1 | % | (3.5 | )%
General business credits | (2.3 | )% | (1.0 | )% | (1.1 | )%
Nondeductible compensation | 2.2 | % | — | % | — | %
Other | 0.8 | % | 0.4 | % | — | %
| 39.5 | % | 38.0 | % | 33.5 | %
Reconciliation Of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits associated with uncertain tax positions, excluding associated deferred tax benefits and accrued interest and penalties, if applicable, is as follows (in thousands):
| Unrecognized Tax Benefits
Balance as of August 1, 2009 | $ | 27,320 |
Additions based on tax positions related to the current year | — |
Additions for tax positions of prior years | — |
Reductions for tax positions of prior years | — |
Lapse of statute of limitations | (272 | )
Settlements | — |
Balance as of July 31, 2010 | $ | 27,048 |
Additions based on tax positions related to the current year | — |
Additions for tax positions of prior years | — |
Reductions for tax positions of prior years | — |
Lapse of statute of limitations | (475 | )
Settlements | — |
Balance as of July 31, 2011 | $ | 26,573 |
Additions based on tax positions related to the current year | — |
Additions for tax positions of prior years | — |
Reductions for tax positions of prior years | — |
Lapse of statute of limitations | (302 | )
Settlements | — |
Balance as of July 31, 2012 | $ | 26,271 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Interpretation (FIN) -Number 48 -Paragraph 21 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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