Copart (CPRT) 10-K29 Sep 142014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Jul. 31, 2014	Sep. 29, 2014	Jan. 31, 2014
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'COPART INC	'	'
Entity Central Index Key	'0000900075	'	'
Trading Symbol	'cprt	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Current Fiscal Year End Date	'--07-31	'	'
Entity Filer Category	'Large Accelerated Filer	'	'
Entity Well-Known Seasoned Issuer	'Yes	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Jul-14	'	'
Amendment Flag	'false	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'FY	'	'
Entity Common Stock, Shares Outstanding	'	126,244,452	'
Entity Public Float	'	'	$3,208,078,100

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$158,668	$63,631
Accounts receivable, net	196,985	182,714
Vehicle pooling costs	24,438	20,466
Inventories	7,259	10,736
Income taxes receivable	2,288	9,416
Deferred income taxes	1,803	2,216
Prepaid expenses and other assets	19,505	15,344
Assets held for sale	1,345	1,929
Total current assets	412,291	306,452
Property and equipment, net	692,383	677,517
Intangible assets, net	25,242	17,706
Goodwill	283,780	267,463
Deferred income taxes	36,721	30,117
Other assets	56,387	35,226
Total assets	1,506,804	1,334,481
Current liabilities:	'	'
Accounts payable and accrued liabilities	152,156	136,648
Bank overdraft	'	16,291
Deferred revenue	4,170	4,832
Income taxes payable	8,284	4,741
Current portion of long-term debt and capital lease obligations	79,674	76,047
Total current liabilities	244,284	238,559
Deferred income taxes	7,372	8,071
Income taxes payable	23,771	23,091
Long-term debt and capital lease obligations	223,227	296,410
Other liabilities	4,651	5,949
Total liabilities	503,305	572,080
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Preferred stock, $0.0001 par value - 5,000,000 shares authorized; no issued	'	'
Common stock: $ 0.0001 par value - 180,000,000 shares authorized; 126,143,366 and 125,494,995 shares issued and outstanding, respectively	13	13
Additional paid-in capital	404,542	368,769
Accumulated other comprehensive loss	-20,060	-47,161
Retained earnings	619,004	440,780
Total stockholders' equity	1,003,499	762,401
Total liabilities and stockholders' equity	$1,506,804	$1,334,481

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Jul. 31, 2014	Jul. 31, 2013
Statement Of Financial Position [Abstract]	'	'
Preferred stock par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	'	'
Common stock par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	180,000,000	180,000,000
Common stock, shares issued	126,143,366	125,494,995
Common stock, shares outstanding	126,143,366	125,494,995

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Service revenues and vehicle sales:	'	'	'
Service revenues	$958,413	$849,667	$757,272
Vehicle sales	205,076	196,719	166,919
Total service revenues and vehicle sales	1,163,489	1,046,386	924,191
Operating expenses:	'	'	'
Yard operations	520,423	458,228	377,604
Cost of vehicle sales	174,493	167,236	136,971
General and administrative	164,535	137,930	114,492
Impairment of long-lived assets	29,104	'	8,771
Total operating expenses	888,555	763,394	637,838
Operating income	274,934	282,992	286,353
Other (expense) income:	'	'	'
Interest expense	-8,768	-10,267	-11,341
Interest income	491	638	357
Other income, net	3,378	3,509	2,687
Total other expense	-4,899	-6,120	-8,297
Income before income taxes	270,035	276,872	278,056
Income taxes	91,348	96,847	95,937
Net income	$178,687	$180,025	$182,119
Basic net income per common share	$1.42	$1.44	$1.42
Weighted average common shares outstanding	125,693	124,912	128,120
Diluted net income per common share	$1.36	$1.39	$1.39
Diluted weighted average common shares outstanding	131,230	129,781	131,428

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014		Jul. 31, 2013		Jul. 31, 2012
Statement Of Other Comprehensive Income [Abstract]	'		'		'
Net income	$178,687		$180,025		$182,119
Other comprehensive income:	'		'		'
Unrealized gain (loss) on interest rate swaps, net (a)	2,140	[1]	2,993	[1]	-1,749	[1]
Reclassification adjustment of interest rate swaps to net income, net	-1,467	[2]	-1,624	[2]	-1,361	[2]
Foreign currency translation adjustments	26,428		-10,487		-11,708
Total comprehensive income	$205,788		$170,907		$167,301

[1]	Net of tax effect of $(1,125), $(1,647) and $1,045 or the fiscal years ended July 31, 2014, 2013 and 2012, respectively.
[2]	Net of tax effect of $744, $874 and $717 or the fiscal years ended July 31, 2014, 2013 and 2012, respectively.

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Parentheticals) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Statement Of Other Comprehensive Income [Abstract]	'	'	'
Tax effects on unrealized gain (loss) on interest rate swaps	($1,125)	($1,647)	$1,045
Tax effects on reclassification adjustment of interest rate swaps	$744	$874	$717

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (USD $)	Total	Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
In Thousands, except Share data, unless otherwise specified	Total	Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Balances at Jul. 31, 2011	$555,172	$13	$313,927	($23,225)	$264,457
Balances (in shares) at Jul. 31, 2011	'	132,011,034	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	182,119	'	'	'	182,119
Currency translation adjustment	-11,708	'	'	-11,708	'
Interest rate swap, net of taxeffects	-3,110	'	'	-3,110	'
Exercise of stock options, net of repurchased shares	10,425	'	13,202	'	-2,777
Exercise of stock options, net of repurchased shares (in shares)	'	1,165,605	'	'	'
Employee stock-based compensation and related tax benefit	26,158	'	26,158	'	'
Shares issued for Employee Stock Purchase Plan	1,957	'	1,957	'	'
Shares issued for Employee Stock Purchase Plan (in shares)	'	97,769	'	'	'
Shares repurchased	-199,896	-1	-29,057	'	-170,838
Shares repurchased (in shares)	'	-8,880,708	'	'	'
Balances at Jul. 31, 2012	561,117	12	326,187	-38,043	272,961
Balances (in shares) at Jul. 31, 2012	'	124,393,700	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	180,025	'	'	'	180,025
Currency translation adjustment	-10,487	'	'	-10,487	'
Interest rate swap, net of taxeffects	1,369	'	'	1,369	'
Exercise of stock options, net of repurchased shares	20,428	1	21,370	'	-943
Exercise of stock options, net of repurchased shares (in shares)	'	1,516,534	'	'	'
Employee stock-based compensation and related tax benefit	21,886	'	21,886	'	'
Shares issued for Employee Stock Purchase Plan	1,948	'	1,948	'	'
Shares issued for Employee Stock Purchase Plan (in shares)	'	84,761	'	'	'
Shares repurchased	-13,885	'	-2,622	'	-11,263
Shares repurchased (in shares)	'	-500,000	'	'	'
Balances at Jul. 31, 2013	762,401	13	368,769	-47,161	440,780
Balances (in shares) at Jul. 31, 2013	'	125,494,995	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	178,687	'	'	'	178,687
Currency translation adjustment	26,428	'	'	26,428	'
Interest rate swap, net of taxeffects	673	'	'	673	'
Exercise of stock options, net of repurchased shares	9,886	'	10,349	'	-463
Exercise of stock options, net of repurchased shares (in shares)	'	566,404	'	'	'
Employee stock-based compensation and related tax benefit	23,085	'	23,085	'	'
Shares issued for Employee Stock Purchase Plan	2,339	'	2,339	'	'
Shares issued for Employee Stock Purchase Plan (in shares)	'	81,967	'	'	'
Balances at Jul. 31, 2014	$1,003,499	$13	$404,542	($20,060)	$619,004
Balances (in shares) at Jul. 31, 2014	'	126,143,366	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flow (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Cash flows from operating activities:	'	'	'
Net income	$178,687	$180,025	$182,119
Adjustments to reconcile net income to net cash provided by operating activities:	'	'	'
Depreciation and amortization	53,726	56,728	48,167
Allowance for doubtful accounts	1,087	-356	-192
Impairment of long-lived assets	29,104	'	8,771
Stock-based compensation	22,099	19,557	21,791
Excess tax benefits from stock-based compensation	-2,289	-6,097	-4,367
Gain on sale of property and equipment	-1,461	-962	-143
Deferred income taxes	-10,838	-3,605	-17,579
Changes in operating assets and liabilities, net of effects from acquisitions:	'	'	'
Accounts receivable	-12,870	-31,171	-16,004
Vehicle pooling costs	-3,613	-3,626	1,142
Inventories	4,012	-1,777	-218
Prepaid expenses and other current assets	-4,500	-5,971	6,026
Other assets	-8,900	-18,714	-1,951
Accounts payable and accrued liabilities	5,425	14,749	-3,805
Deferred revenue	-661	-871	-243
Income taxes receivable	9,267	-752	7,082
Income taxes payable	2,816	1,609	-2,545
Other liabilities	1,503	560	1,622
Net cash provided by operating activities	262,594	199,326	229,673
Cash flows from investing activities:	'	'	'
Purchases of property and equipment	-81,510	-130,265	-54,832
Proceeds from sale of property and equipment	2,849	3,077	1,268
Proceeds from sale of assets held for sale	858	3,189	8,041
Purchases of assets and liabilities in connection with acquisitions, net of cash acquired	-14,300	-84,022	-2,564
Net cash used in investing activities	-92,103	-208,021	-48,087
Cash flows from financing activities:	'	'	'
Proceeds from the exercise of stock options	10,412	21,442	13,651
Excess tax benefits from stock-based compensation	2,289	6,097	4,367
Proceeds from the issuance of Employee Stock Purchase Plan shares	2,339	1,948	1,957
Repurchases of common stock	-572	-15,009	-203,285
Change in bank overdraft	-16,291	16,291	'
Proceeds from issuance of long-term debt	'	'	125,000
Debt offering costs	'	'	-313
Principal payments on long-term debt	-75,000	-96,660	-56,250
Net cash used in financing activities	-76,823	-65,891	-114,873
Effect of foreign currency translation	1,369	-1,895	-610
Net increase (decrease) in cash and cash equivalents	95,037	-76,481	66,103
Cash and cash equivalents at beginning of period	63,631	140,112	74,009
Cash and cash equivalents at end of period	158,668	63,631	140,112
Supplemental disclosure of cash flow information:	'	'	'
Interest paid	8,768	10,267	11,333
Income taxes paid	$82,813	$95,182	$106,581

Summary_of_Significant_Account

Summary of Significant Accounting Policies

12 Months Ended

Jul. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

NOTE 1 — Summary of Significant Accounting Policies

Basis of Presentation and Description of Business

Copart, Inc. was incorporated under the laws of the State of California in 1982. In January 2012, the Company changed the state in which it is incorporated (the “Reincorporation”), and is now incorporated under the laws of the State of Delaware. All references to “we,” “us,” “our,” or “the Company” herein refer to the California corporation prior to the date of the Reincorporation, and to the Delaware corporation on and after the date of the Reincorporation.

The consolidated financial statements of the Company include the accounts of the parent company and its wholly-owned subsidiaries, including its foreign wholly-owned subsidiaries. Significant intercompany transactions and balances have been eliminated in consolidation.

The Company provides vehicle sellers with a full range of services to process and sell vehicles over the Internet through the Company’s Virtual Bidding Third Generation (VB3) Internet auction-style sales technology. Sellers are primarily insurance companies but also include banks and financial institutions, charities, car dealerships, fleet operators, and vehicle rental companies. The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters; however, at certain locations, the Company sells directly to the general public. The majority of vehicles sold on behalf of insurance companies are either damaged vehicles deemed a total loss or not economically repairable by the insurance companies or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. The Company offers vehicle sellers a full range of services that expedite each stage of the vehicle sales process, minimize administrative and processing costs and maximize the ultimate sales price. In the United States and Canada (North America), the United Arab Emirates (U.A.E.), and Brazil, the Company sells vehicles primarily as an agent and derives revenue primarily from fees paid by vehicle sellers and vehicle buyers as well as related fees for services, such as towing and storage. In the United Kingdom (U.K.), the Company operates both on a principal basis, purchasing the salvage vehicle outright from the insurance company and reselling the vehicle for its own account, and as an agent. In Germany and Spain, the Company derives revenue from sales listing fees for listing vehicles on behalf of insurance companies.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates include but are not limited to, vehicle pooling costs; self-insured reserves; allowance for doubtful accounts; income taxes; revenue recognition; stock-based payment compensation; purchase price allocations; long-lived asset and goodwill impairment calculations and contingencies. Actual results could differ from these estimates.

Revenue Recognition

The Company provides a portfolio of services to its sellers and buyers that facilitate the sale and delivery of a vehicle from seller to buyer. These services include the ability to use the Company’s Internet sales technology and vehicle delivery, loading, title processing, preparation and storage. The Company evaluates multiple-element arrangements relative to its member and seller agreements.

criteria for separate units of accounting. The revenue associated with each service is recognized upon completion of the respective service, net of applicable rebates or allowances. For certain sellers who are charged a proportionate fee based on high bid of the vehicle, the revenue associated with the pre-sale services is recognized upon completion of the sale when the total arrangement is fixed and determinable. The estimated selling price of each service is determined based on management’s best estimate and allotted based on the relative selling price method.

Vehicle sales, where vehicles are purchased and remarketed on the Company’s own behalf, are recognized on the sale date, which is typically the point of high bid acceptance. Upon high bid acceptance, a legal binding contract is formed with the member, and the gross sales price is recorded as revenue.

The Company also provides a number of services to the buyer of the vehicle, charging a separate fee for each service. Each of these services has been assessed to determine whether the requirements have been met to separate them into units of accounting within a multiple-element arrangement. The Company has concluded that the sale and the post-sale services are separate units of accounting. The fees for sale services are recognized upon completion of the sale, and the fees for the post-sale services are recognized upon successful completion of those services using the relative selling price method.

The Company also charges members an annual registration fee for the right to participate in its vehicle sales program, which is recognized ratably over the term of the arrangement, and relist and late-payment fees, which are recognized upon receipt of payment by the member. No provision for returns has been established, as all sales are final with no rights of return, although the Company provides for bad debt expense in the case of non-performance by its members or sellers.

The Company allocates arrangement consideration based upon management’s best estimate of the selling price of the separate units of accounting contained within an arrangement containing multiple deliverables. Significant inputs in the Company’s estimates of the selling price of separate units of accounting include market and pricing trends, pricing customization and practices, and profit objectives for the services.

Vehicle Pooling Costs

The Company defers in vehicle pooling costs certain yard operation expenses associated with vehicles consigned to and received by the Company, but not sold as of the end of the period. The Company quantifies the deferred costs using a calculation that includes the number of vehicles at its facilities at the beginning and end of the period, the number of vehicles sold during the period and an allocation of certain yard operation costs of the period. The primary expenses allocated and deferred are certain facility costs, labor, transportation, and vehicle processing. If the allocation factors change, then yard operation expenses could increase or decrease correspondingly in the future. These costs are expensed as vehicles are sold in subsequent periods on an average cost basis. Given the fixed cost nature of the Company’s business, there is not a direct correlation for an increase in expenses or units processed on vehicle pooling costs.

The Company applies the provisions of accounting guidance for subsequent measurement of inventory to our vehicle pooling costs. The provision requires that items such as idle facility expenses, double freight and rehandling costs be recognized as current period charges regardless of whether they meet the criteria of “abnormal” as provided in the guidance. In addition, the guidance requires that the allocation of fixed production overhead to the costs of conversion be based on the normal capacity of production facilities.

In early November 2012, Hurricane Sandy hit the northeastern coast of the United States. As a result of the extensive flooding that it caused, the Company expended additional costs for (i) temporary storage facilities; (ii) premiums for subhaulers as they were reassigned from other regions; and (iii) labor costs incurred for overtime, travel and lodging due to the reassignment of employees to the affected region. These costs, which are characterized as “abnormal” under ASC 330, Inventory, were expensed as incurred and not included in inventory. At July 31, 2013, the incremental salvage vehicles received as a result of Hurricane Sandy were sold.

Foreign Currency Translation

The Company records foreign currency translation adjustments from the process of translating the functional currency of the financial statements of its foreign subsidiaries into the U.S. dollar reporting currency. The Canadian dollar, the British pound, the U.A.E. dirham, the Brazilian real, and the Euro are the functional currencies of the Company’s foreign subsidiaries as they are the primary currencies within the economic environment in which each subsidiary operates. The original equity investment in the respective subsidiaries is translated at historical rates. Assets and liabilities of the respective subsidiary’s operations are translated into U.S. dollars at period-end exchange rates, and revenues and expenses are translated into U.S. dollars at average exchange rates in effect during each reporting period. Adjustments resulting from the translation of each subsidiary’s financial statements are reported in other comprehensive income.

The cumulative effects of foreign currency exchange rate fluctuations were as follows (in thousands):

Cumulative loss on foreign currency translation as of July 31, 2012

($34,933)

Loss on foreign currency translation

-10,487

Cumulative loss on foreign currency translation as of July 31, 2013

($45,420)

Gain on foreign currency translation

26,428

Cumulative loss on foreign currency translation as of July 31, 2014

($18,992)

Fair Value of Financial Instruments

The Company records its financial assets and liabilities at fair value in accordance with the framework for measuring fair value in U.S. GAAP. In accordance with ASC 820, Fair Value Measurements and Disclosures, as amended by Accounting Standards Update 2011-04, the Company considers fair value as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants under current market conditions. This framework establishes a fair value hierarchy that prioritizes the inputs used to measure fair value:

Level I

Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets.

Level II

Inputs other than quoted prices included within Level I that are observable for the asset or liability, either directly or indirectly. Interest rate hedges are valued at exit prices obtained from the counter-party.

Level III

Inputs that are generally unobservable. These inputs may be used with internally developed methodologies that result in management’s best estimate.

The amounts recorded for financial instruments in the Company’s consolidated financial statements, which included cash, accounts receivable, accounts payable and accrued liabilities approximated their fair values as of July 31, 2014 and 2013, due to the short-term nature of those instruments, and are classified within Level II of the fair value hierarchy. Cash equivalents are classified within Level II of the fair value hierarchy because they are valued using quoted market prices of the underlying investments. See Note 8—Long-Term Debt for additional fair value disclosures.

Derivatives and Hedging

The Company has entered into two interest rate swaps to eliminate interest rate risk on the Company’s variable rate Term Loan, and the swaps are designated as effective cash flow hedges under ASC 815, Derivatives and Hedging. See Note 9—Derivatives and Hedging. Each quarter, the Company measures hedge effectiveness using the “hypothetical derivative method” and records in earnings any hedge ineffectiveness with the effective portion of the hedges change in fair value recorded in other comprehensive income.

Cost of Vehicle Sales

Cost of vehicle sales includes the purchase price of vehicles sold for the Company’s own account.

Yard Operations

Yard operations consists primarily of operating personnel (which includes yard management, clerical and yard employees), rent, contract vehicle towing, insurance, fuel and equipment maintenance and repair. The Company recognizes the costs of pre-sale services, including towing, title processing, and preparation and storage within yard operation expenses at the time the related services are provided.

General and Administrative Expenses

General and administrative expenses consist primarily of executive, accounting and data processing, sales personnel, professional services, system maintenance and enhancements and marketing expenses.

Advertising

All advertising costs are expensed as incurred and are included in general and administrative expenses on the consolidated statements of income. Advertising expenses were $5.0 million, $5.0 million and $6.5 million for the years ended July 31, 2014, 2013 and 2012, respectively.

Other (Expense) Income

Other (expense) income consists primarily of interest expense, interest income, gains and losses from the disposal of fixed assets and rental income.

Net Income Per Share

Basic net income per share amounts were computed by dividing consolidated net income by the weighted average number of common shares outstanding during the period. Diluted net income per share amounts were computed by dividing consolidated net income by the weighted average number of common shares outstanding plus dilutive potential common shares calculated for stock options outstanding during the period using the treasury stock method.

Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less at the time of purchase to be cash equivalents. Cash and cash equivalents include cash held in checking and money market accounts. The Company periodically invests its excess cash in money market funds and U.S. Treasury Bills. The Company’s cash and cash equivalents are placed with high credit quality financial institutions.

Bank Overdraft

As a result of maintaining a consolidated cash management system, the Company utilizes controlled disbursement bank accounts. These accounts are funded as checks are presented for payment, not when checks are issued. The resulting bank overdraft position is included in current liabilities as of July 31, 2013.

Inventory

Inventories of purchased vehicles are stated at the lower of cost or estimated realizable value. Cost includes the Company’s cost of acquiring ownership of the vehicle. The cost of vehicles sold is charged to cost of vehicle sales as sold on a specific identification basis.

Accounts Receivable

Accounts receivable, which consist primarily of advance charges due from insurance companies and the gross sales price of the vehicle due from members, are recorded when billed, advanced or accrued and represent claims against third parties that will be settled in cash.

Allowance for Doubtful Accounts

The Company maintains an allowance for doubtful accounts in order to provide for estimated losses resulting from disputed amounts billed to sellers or members and the inability of sellers or members to make required payments. If billing disputes exceed expectations and/or if the financial condition of sellers or members were to deteriorate, additional allowances may be required. The allowance is calculated by considering both seller and member accounts receivables written off during the previous twelve-month period as a percentage of the total accounts receivable balance.

Concentration of Credit Risk

Financial instruments, which subject the Company to potential credit risk, consist of its cash and cash equivalents, short-term investments and accounts receivable. The Company adheres to its investment policy when placing investments. The investment policy has established guidelines to limit the Company’s exposure to credit risk by placing investments with high credit quality financial institutions, diversifying its investment portfolio, limiting investments in any one issuer or pooled fund and placing investments with maturities that maintain safety and liquidity. The Company places its cash and cash equivalents with high credit quality financial institutions. Deposits with these financial institutions may exceed the amount of insurance provided; however, these deposits typically are redeemable upon demand and, therefore, the Company believes that the financial risks associated with these financial instruments are minimal.

The Company performs ongoing credit evaluations of its customers, and generally does not require collateral on its accounts receivable. The Company estimates its allowances for doubtful accounts based on historical collection trends, the age of outstanding receivables and existing economic conditions. If events or changes in circumstances indicate that specific receivable balances may be impaired, further consideration is given to the collectability of those balances and the allowance is adjusted accordingly. Past-due account balances are written off when the Company’s internal collection efforts have been unsuccessful in collecting the amounts due. The Company does not have off-balance sheet credit exposure related to its customers and to date, the Company has not experienced significant credit-related losses.

No single customer accounted for more than 10% of total revenues for the years ended July 31, 2014, 2013 and 2012. As of July 31, 2014 and 2013, one customer accounted for more than 10% of the Company’s accounts receivable.

Property and Equipment

Property and equipment is stated at cost, less accumulated depreciation and amortization. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term or the estimated useful lives of the respective improvements, which is between five and ten years. Significant improvements which substantially extend the useful lives of assets are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. Depreciation and amortization is computed on a straight-line basis over the estimated useful lives of: three to five years for internally developed or purchased software; three to seven years for transportation and other equipment; three to ten years for office furniture and equipment; and 5 to 40 years or the lease term, whichever is shorter, for buildings and improvements. Amortization of equipment under capital leases is included in depreciation expense.

Long-Lived Asset Valuation

The Company evaluates long-lived assets, including property and equipment, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. In accordance with ASC 360, Property, Plant, and Equipment, a long-lived asset is initially measured at the lower of its carrying amount or fair value. An impairment loss is recognized when the estimated undiscounted future cash flows expected to be generated from the use of the asset are less than the carrying amount of the asset. The impairment loss is then calculated by comparing the carrying amount with its fair value, which is usually estimated using discounted cash flows expected to be generated from the use of the asset.

Goodwill and Other Identifiable Intangible Assets

In accordance with ASC 350-30-35, Intangibles—Goodwill and Other, goodwill is not amortized but is tested for potential impairment, at a minimum on an annual basis, or when indications of potential impairment exist. The Company performed its annual impairment test for goodwill during the fourth quarter of the year ended July 31, 2014, utilizing a market value and discounted cash flow approach. The impairment test for identifiable intangible assets not subject to amortization is also performed annually or when impairment indicators exist. The impairment test consists of a comparison of the fair value of the intangible asset with its carrying amount. Identifiable intangible assets that are subject to amortization are evaluated for impairment using a process similar to that used to evaluate other long-lived assets.

Assets Held for Sale

The Company has removed certain assets from operations and offered them for sale. These assets, which include certain real estate, are reflected at their fair market value, less costs to dispose, in the financial statements and are a Level II fair value measurement based on sale transactions of similar assets. During the year ended July 31, 2012, the Company recorded an impairment of $8.8 million associated with the write down to fair market value of these assets held for sale.

Capitalized Software Costs

The Company capitalizes system development costs and website development costs related to the enterprise computing services during the application development stage. Costs related to preliminary project activities and post implementation activities were expensed as incurred. Internal-use software is amortized on a straight-line basis over its estimated useful life, generally three years. The Company evaluates the useful lives of these assets on an annual basis and tests for impairment whenever events or changes in circumstances occur that impact the recoverability of these assets. Total gross capitalized software as of July 31, 2014 and 2013 was $61.7 million and $74.3 million, respectively. Accumulated amortization expense related to software as of July 31, 2014 and 2013 totaled $38.6 million and $28.6 million, respectively.

The Company recently reassessed its strategy of utilizing a third-party enterprise operating system to address its international expansion needs based on the projected cost to complete, deployment risk and certain other factors. The Company decided to cease development of this software and address its international technology needs through an internally developed proprietary solution. For the year ended July 31, 2014, the Company recognized a charge of $29.1 million resulting primarily from the impairment of costs previously capitalized in connection with the development of the software.

Retained Insurance Liabilities

ultimate cost of claims incurred as of the balance sheet date. The estimated liability is not discounted and is established based upon analysis of historical data and actuarial estimates. The primary estimates used in the actuarial analysis include total payroll and revenue. The Company’s estimates have not materially fluctuated from actual results. While the Company believes these estimates are reasonable based on the information currently available, if actual trends, including the severity of claims and medical cost inflation, differ from the Company’s estimates, the Company’s consolidated results of operations, financial position or cash flows could be impacted. The process of determining the Company’s insurance reserves requires estimates with various assumptions, each of which can positively or negatively impact those balances. As of July 31, 2014 and 2013, the total amount reserved for related self-insured claims is $5.7 million and $6.1 million, respectively.

Stock-Based Payment Compensation

The Company accounts for stock-based awards to employees and non-employees using the fair value method as required by ASC 718, Compensation—Stock Compensation (ASC 718), which requires the measurement and recognition of compensation expense for all stock-based payment awards made to employees, consultants and directors based on estimated fair value. ASC 718 requires companies to estimate the fair value of stock-based payment awards on the measurement date using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized in expense over the requisite service periods. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.

Option valuation models require the input of highly subjective assumptions including the expected stock price volatility. Because the Company’s employee stock options have characteristics significantly different from those of traded options and because changes in the input assumptions can materially affect their fair value estimate, it is the Company’s opinion that the existing models do not necessarily provide a reliable single measure of the fair value of the employee stock options.

The fair value of each option was estimated on the measurement date using the Black-Scholes Merton (BSM) option-pricing model utilizing the following assumptions:

Expected dividends

July 31,

2014

2013

2012

Expected life (in years)

5.1 – 7.1

5.2 – 6.9

5.2 – 6.8

Risk-free interest rate

1.55 – 2.3

0.61 – 1.5

0.68 – 1.7

Estimated volatility

20 – 25

24 – 26

Weighted average fair value at measurement date

11.1

7.87

6.01

Expected life—The Company’s expected life represents the period that the Company’s stock-based payment awards are expected to be outstanding and was determined based on historical experience of similar awards, giving consideration to the contractual terms of the stock-based payment awards, vesting schedules and expectations of future employee behavior as influenced by changes to the terms of its stock-based payment awards.

Estimated volatility—The Company uses the trading history of its common stock in determining an estimated volatility factor when using the BSM option-pricing model to determine the fair value of options granted.

Expected dividend—The Company has not declared dividends. Therefore, the Company uses a zero value for the expected dividend value factor when using the BSM option-pricing model to determine the fair value of options granted.

Risk-free interest rate—The Company bases the risk-free interest rate used in the BSM option-pricing model on the implied yield currently available on U.S. Treasury zero-coupon issues with the same or substantially equivalent expected life.

Estimated forfeitures—When estimating forfeitures, the Company considers voluntary and involuntary termination behavior as well as analysis of actual option forfeitures.

Net cash proceeds from the exercise of stock options were $10.4 million, $21.4 million and $13.7 million for the years ended July 31, 2014, 2013 and 2012, respectively. The Company realized an income tax benefit of $2.3 million, $6.1 million and $4.4 million from stock option exercises during the years ended July 31, 2014, 2013 and 2012, respectively. In accordance with ASC 718, the Company presents excess tax benefits from disqualifying dispositions of the exercise of incentive stock options, vested prior to August 1, 2005, if any, as financing cash flows rather than operating cash flows.

Comprehensive Income

Comprehensive income includes all changes in stockholders’ equity during a period from non-stockholder sources. For the years ended July 31, 2014, 2013 and 2012, accumulated other comprehensive income (loss) was the effect of foreign currency translation adjustments and the effective portion of the interest rate swaps’ change in fair value. Deferred taxes are not provided on cumulative translation adjustments where the Company expects earnings of a foreign subsidiary to be indefinitely reinvested.

Recently Issued Accounting Standards

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. ASU 2014-09 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for annual and interim periods beginning after December 15, 2016, using one of two retrospective application methods. The Company has not determined the potential effects of implementing ASU 2014-09 on the consolidated financial statements.

In February 2013, the FASB ASU 2013-02, Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income, which amends ASC 220, Comprehensive Income. The amended guidance requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. Additionally, entities are required to present, either on the face of the financial statements or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. The amended guidance does not change the current requirements for reporting net income or other comprehensive income. The amendments are effective prospectively for reporting periods beginning after December 15, 2012. The Company’s adoption of ASU 2013-02 did not have a material impact on the Company’s condensed consolidated results of operations and financial position.

In July 2012, the FASB issued ASU 2012-02, Testing Indefinite-Lived Intangible Assets for Impairment, which amended the guidance in ASU 2011-08 to simplify the testing of indefinite-lived intangible assets other than goodwill for impairment. ASU 2012-02 is effective for annual and interim impairment tests performed for fiscal years beginning September 15, 2012. The Company’s adoption of ASU 2012-02 did not have a material impact on the Company’s consolidated results of operations and financial position.

Acquisitions

value of other acquired assets and assumed liabilities, including potential contingencies and the useful lives of the assets. The projections are developed using internal forecasts, available industry and market data and estimates of long-term growth rates of the Company. Historical experience is additionally utilized, in which historical or current costs have approximated fair value for certain assets acquired.

Segments and Other Geographic Reporting

The Company’s North American and U.K. regions are considered two separate operating segments, which have been aggregated into one reportable segment because they share similar economic characteristics.

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Jul. 31, 2014
Business Combinations [Abstract]	'
Acquisitions	'
	NOTE 2 — Acquisitions

	Fiscal 2014 Transactions

	During the year ended July 31, 2014, the Company acquired one facility in Montreal, Canada; a salvage vehicle auction business in Brazil, which did not include any facilities; as well as the assets of an online marketing company, which included the rights to hundreds of web domains including www.cashforcars.com and www.cash4cars.com. The aggregate purchase price totaled $14.5 million.

	The following table summarizes the preliminary purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed for these acquisitions (in thousands):

	Allocation of the acquisition:
	Accounts receivable and prepaid expenses		$	734
	Property and equipment			71
	Inventory			81
	Intangible assets			5,153
	Goodwill			8,472
	Liabilities assumed			(43	)
	Fair value of net assets and liabilities acquired		$	14,468

	These acquisitions were undertaken because of their strategic fit and have been accounted for using the purchase method in accordance with ASC 805, Business Combinations, which has resulted in the recognition of goodwill in the Company’s consolidated financial statements. This goodwill arose because the purchase price of each acquisition reflected a number of factors, including their future earnings and cash flow potential; the multiple to earnings, cash flow and other factors at which similar businesses have been purchased by other acquirers; the competitive nature of the process by which the Company acquired the businesses; and because of the complementary strategic fit and resulting synergies brought to existing operations. The goodwill that arose from these acquisitions was within Level III of the fair value hierarchy as it was valued using unobservable inputs. Unobservable inputs reflect the Company’s best estimate of what hypothetical market participants would use to determine the value of acquired assets at the reporting date based on the best information available in the circumstances. When a determination is made to classify items within Level III of the fair value hierarchy, the evaluation is based upon the significance of the unobservable inputs to the overall fair value measurement. Due to the limitation of goodwill asset market value or pricing information, the determination of fair value of the goodwill asset is inherently more difficult. Goodwill is not amortized for financial reporting purposes but could be amortizable for tax purposes. The intangible assets that arose from these acquisitions were also within Level III of the fair value hierarchy as it was valued using unobservable inputs, primarily from utilizing the Multi-Period Excess Earnings Method (MPEEM) model, which is an income-based approach that allocates to goodwill any acquisition costs not specifically assigned to intangibles, fixed assets or working capital. Intangible assets acquired include covenants not to compete, supply contracts, customer relationships, trade names, licenses and databases and software with a useful life ranging from three to eight years.

	The purchase price allocation for the salvage vehicle auction businesses in Canada and Brazil, and the acquired online marketing company, are not final for property and equipment, income taxes, liabilities and intangible assets acquired pending the final valuation by the Company. The Company believes any potential changes to its preliminary purchase price allocations will not have a material impact on the Company’s consolidated financial position and results of operations.

	The acquisitions do not result in a significant change in the Company’s consolidated results of operations individually or in the aggregate; therefore, pro forma financial information has not been presented. The operating results have been included in the Company’s consolidated financial position and results of operations since the acquisition dates.

	Fiscal 2013 Transactions

	During the year ended July 31, 2013, the Company acquired 100% of the voting stock of Salvage Parent, Inc., which conducts business primarily as Quad City Salvage Auction, CrashedToys, and Desert View Auto Auctions. The Company also acquired salvage vehicle auction businesses in Brazil and the U.A.E.; two auction platforms in Germany and Spain; as well as the assets of Gainesville Salvage Disposal and Auto Salvage Auction, Inc., salvage vehicle auction companies with locations in Gainesville, GA, and Davison and Ionia, MI, for a total purchase price of $87.0 million.

	During the year ended July 31, 2014, the purchase price allocation for Salvage Parent, Inc. and the acquired auction platform in Spain was finalized. As a result, from the preliminary purchase price allocation as of July 31, 2013, goodwill decreased $0.8 million, primarily related to increases of $11.5 million in accrued liabilities, $9.3 million in intangible assets, and changes to deferred taxes on acquired intangible assets and working capital adjustments. Accrued liabilities were adjusted after obtaining new information on a pre-acquisition contingency related to a lack of documentation on the historical sales of Salvage Parent, Inc. The Company noted that the potential exposure from this contingency ranged from $7.0 million to $28.0 million. The Company recorded the fair value of this contingency of $14.0 million. In accordance with ASC 805, any adjustments to the fair value of acquired assets and liabilities that occur subsequent to the measurement period will be reflected in the Company’s results of operations.

	The following table summarizes the purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed for these acquisitions (in thousands):




	Total cash paid, net of cash acquired		$	83,866
	Contingent consideration	3,092
	Total acquisition price		$	86,958
	Allocation of the acquisition:
	Accounts receivable and prepaid expenses		$	21,082
	Deferred income taxes			2,845
	Vehicle pooling costs			1,187
	Property and equipment			21,158
	Inventory			634
	Intangible assets			24,186
	Goodwill			72,666
	Liabilities assumed			(56,800	)
	Fair value of net assets and liabilities acquired		$	86,958

	The acquisitions do not result in a significant change in the Company’s consolidated results of operations individually nor in the aggregate; therefore pro forma financial information has not been presented. The operating results have been included in the Company’s consolidated financial position and results of operations since the acquisition dates. The acquisition-related expenses incurred during the year ended July 31, 2013,

	were not significant and were included in general and administrative expenses in the Company’s consolidated financial position and results of operations.

	Fiscal 2012 Transactions

	The Company had no significant acquisitions during the year ended July 31, 2012.

Accounts_Receivable_Net

Accounts Receivable, Net	12 Months Ended
Accounts Receivable, Net	Jul. 31, 2014
Accounts Receivable, Net [Abstract]	'
Accounts Receivable, Net	'
	NOTE 3 — Accounts Receivable, Net

	Accounts receivable, net consisted of:

		July 31,
	(In thousands)	2014			2013
	Advance charges receivable	$	126,307		$	118,584
	Trade accounts receivable		72,170			65,660
	Other receivables		2,092			1,153
			200,569			185,397
	Less: allowance for doubtful accounts		(3,584	)		(2,683	)
	Accounts receivable, net	$	196,985		$	182,714


	Advance charges receivable represents unbilled amounts paid to third parties on behalf of insurance companies for which the Company will be reimbursed when the vehicle is sold. Trade accounts receivable includes fees and gross auction proceeds to be collected from insurance companies and members.

	The movements in the allowance for doubtful accounts were as follows:

		July 31,
	(In thousands)	2014			2013			2012
	Balance at beginning of year	$	2,683		$	2,920		$	3,122
	Charged to costs and expenses		3,376			1,424			1,626
	Deductions to bad debt		(2,475	)		(1,661	)		(1,828	)
	Balance at end of year	$	3,584		$	2,683		$	2,920

Property_and_Equipment_Net

Property and Equipment, Net	12 Months Ended
Property and Equipment, Net	Jul. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property and Equipment, Net	'
	NOTE 4 — Property and Equipment, Net


	Property and equipment, net consisted of the following:

		July 31,
	(In thousands)	2014			2013
	Transportation and other equipment	$	68,956		$	58,016
	Office furniture and equipment		41,504			59,936
	Software		61,698			74,261
	Land		475,564			443,126
	Buildings and leasehold improvements		429,895			414,284
			1,077,617			1,049,623
	Less: accumulated depreciation and amortization		(385,234	)		(372,106	)
	Property and equipment, net	$	692,383		$	677,517

	Depreciation expense on property and equipment was $37.0 million, $42.0 million and $34.8 million for the years ended July 31, 2014, 2013 and 2012, respectively. Amortization expense of software was $9.8 million, $9.5 million and $8.9 million for the years ended July 31, 2014, 2013 and 2012, respectively.

Goodwill

Goodwill	12 Months Ended
Goodwill	Jul. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill	'
	NOTE 5 — Goodwill

	The change in the carrying amount of goodwill was as follows:

		July 31,
	(In thousands)	2014		2013
	Beginning balance	$	267,463	$	196,438
	Goodwill recorded during the period		7,724		73,414
	Effect of foreign currency exchange rates		8,593		(2,389	)
	Ending balance	$	283,780	$	267,463

	In accordance with the guidance in ASC 350, goodwill is tested for impairment on an annual basis or upon the occurrence of circumstances that indicate that goodwill may be impaired. The Company’s annual impairment tests were performed in the fourth quarter of fiscal 2014 and 2013 and goodwill was not impaired. As of July 31, 2014 and 2013, the cumulative amount of goodwill impairment losses recognized totaled $21.8 million.

Intangibles_Net

Intangibles, Net	12 Months Ended
Intangibles, Net	Jul. 31, 2014
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'
Intangibles, Net	'
	NOTE 6 — Intangibles, Net

	The following table sets forth amortizable intangible assets by major asset class:


		Gross				Accumulated						Net				Weighted Average
		Carrying				Amortization						Book Value				Remaining Useful
		Amount														Life (in years)
		July 31,				July 31,						July 31,				July 31,
	(In thousands, except remaining useful life)	2014		2013		2014			2013			2014		2013		2014		2013
	Amortized intangibles:
	Covenants not to compete	$	17,656	$	12,515	$	(11,945	)	$	(10,965	)	$	5,711	$	1,550		4		4
	Supply contracts & customer relationships		46,761		33,711		(29,193	)		(22,152	)		17,568		11,559		4		6
	Trade name		2,757		2,998		(1,125	)		(402	)		1,632		2,596		3		4
	Licenses and databases		2,560		3,306		(2,229	)		(1,305	)		331		2,001		3		3
	Intangibles, net	$	69,734	$	52,530	$	(44,492	)	$	(34,824	)	$	25,242	$	17,706

	Aggregate amortization expense on intangible assets was $6.9 million, $4.8 million and $4.5 million for the years ended July 31, 2014, 2013 and 2012, respectively. Intangible amortization expense for the next five fiscal years based upon July 31, 2014 intangible assets is expected to be as follows:

	(In thousands)
	2015	$	6,491
	2016		5,976
	2017		5,712
	2018		4,501
	2019		1,087
	Thereafter		1,475
	Total future intangible amortization expense	$	25,242

Accounts_Payable_and_Accrued_L

Accounts Payable and Accrued Liabilities	12 Months Ended
Accounts Payable and Accrued Liabilities	Jul. 31, 2014
Payables and Accruals [Abstract]	'
Accounts Payable and Accrued Liabilities	'
	NOTE 7 — Accounts Payable and Accrued Liabilities

	Accounts payable and accrued liabilities consisted of the following:

		July 31,
	(In thousands)	2014		2013
	Trade accounts payable	$	22,108	$	34,488
	Accounts payable to sellers		40,105		36,073
	Buyer deposits and prepayments		28,117		25,384
	Accrued compensation and benefits		25,721		21,978
	Accrued insurance		5,703		6,048
	Other accrued liabilities		30,402		12,677
	Total accounts payable and accrued expenses	$	152,156	$	136,648

	The Company is partially self-insured for certain losses related to general liability, workers’ compensation and auto liability. Accrued insurance liability represents an estimate of the ultimate cost of claims incurred as of the balance sheet date. The estimated liability is not discounted and is established based upon analysis of historical data, including the severity of the Company’s frequency of claims, actuarial estimates and is reviewed periodically by management to ensure that the liability is appropriate.

LongTerm_Debt

Long-Term Debt	12 Months Ended
	Jul. 31, 2014
Debt Disclosure [Abstract]	'
Long-Term Debt	'
	NOTE 8 — Long-Term Debt

	On December 14, 2010, the Company entered into an Amended and Restated Credit Facility Agreement (Credit Facility), which superseded the Company’s previously disclosed credit agreement with Bank of America, N.A. (Bank of America). The Credit Facility is an unsecured credit agreement providing for (i) a $100.0 million revolving credit facility, including a $100.0 million alternative currency borrowing sublimit and a $50.0 million letter of credit sublimit (Revolving Credit) and (ii) a term loan facility of $400.0 million (Term Loan). On January 14, 2011, the full $400.0 million provided under the Term Loan was borrowed. On September, 29, 2011, the Company amended the Credit Facility increasing the amount of the Term Loan from $400.0 million to $500.0 million. On March 1, 2013, the Company amended the Credit Facility to increase the net leverage ratio at which restrictive spending covenants were introduced from 1:1 to 1.5:1.

	The Term Loan, which as of July 31, 2014, had $293.8 million outstanding, amortizes $18.8 million each quarter beginning December 31, 2011, with all outstanding borrowings due on December 14, 2015. All amounts borrowed under the Term Loan may be prepaid without premium or penalty.

	Amounts borrowed under the Credit Facility bear interest, subject to certain restrictions, at a fluctuating rate based on (i) the Eurocurrency Rate; (ii) the Federal Funds Rate; or (iii) the Prime Rate as described in the Credit Facility. The Company has entered into two interest rate swaps to exchange its variable interest rate payments commitment for fixed interest rate payments on the Term Loan balance. See Note 9 — Derivatives and Hedging. A default interest rate applies on all obligations during an event of default under the credit facility at a rate per annum equal to 2.0% above the otherwise applicable interest rate. The Company’s interest rate as of July 31, 2014 was the 0.16% Eurocurrency Rate plus the 1.5% Applicable Rate. The Applicable Rate can fluctuate between 1.5% and 2.0% depending on the Company’s consolidated net leverage ratio, as defined in the Credit Facility. The Credit Facility is guaranteed by the Company’s material domestic subsidiaries. The carrying amount of the Credit Facility is comprised of borrowings under which interest accrues under a fluctuating interest rate structure. Accordingly, the carrying value approximated fair value as of July 31, 2014, and was classified within Level II of the fair value hierarchy.

	Amounts borrowed under the Revolving Credit may be repaid and reborrowed until the maturity date of December 14, 2015. The Credit Facility requires the Company to pay a commitment fee on the unused portion of the Revolving Credit. The commitment fee ranges from 0.075% to 0.125% per annum depending on the

	Company’s leverage ratio. The Company had no outstanding borrowings under the Revolving Credit as of July 31, 2014.

	The Credit Facility contains customary representations and warranties and may place certain business operating restrictions on the Company relating to, among other things, indebtedness, liens and other encumbrances, investments, mergers and acquisitions, asset sales, dividends and distributions and redemptions of capital stock. In addition, the Credit Facility provides for the following financial covenants: (i) earnings before interest, income tax, depreciation and amortization (EBITDA); (ii) leverage ratio; (iii) interest coverage ratio; and (iv) limitations on capital expenditures. The Credit Facility contains events of default that include, among others, non-payment of principal, interest or fees, violation of covenants, inaccuracy of representations and warranties, cross-defaults to certain other indebtedness, bankruptcy and insolvency defaults, material judgments, invalidity of the loan documents and events constituting a change of control. The Company was in compliance with all covenants as of July 31, 2014.

	The Company’s Term Loan requires quarterly payments of $18.8 million, and the Term Loan matures and all outstanding borrowings are due on December 14, 2015. As of July 31, 2014, future payments on the Term Loan for the next two fiscal years are as follows:

	(In thousands)	July 31,
	2015	$	75,000
	2016		218,750
	Total future Term Loan payments	$	293,750

Derivatives_and_Hedging

Derivatives and Hedging	12 Months Ended
Derivatives and Hedging	Jul. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivatives and Hedging	'
	NOTE 9 — Derivatives and Hedging

	The Company has entered into two interest rate swaps to exchange its variable interest rate payments commitment for fixed interest rate payments on the Term Loan balance, which totaled $293.8 million as of July 31, 2014. The first swap fixed the Company’s interest rate at 85 basis points plus the one month LIBOR rate on the first $237.5 million of the Term Loan. The second swap fixed the Company’s interest rate at 69 basis points plus the one month LIBOR rate on the next $56.3 million of the Term Loan.

	The swaps are a designated effective cash flow hedge under ASC 815, Derivatives and Hedging. Each quarter, the Company measures hedge effectiveness using the “hypothetical derivative method” and records in earnings any hedge ineffectiveness with the effective portion of the change in fair value recorded in other comprehensive income or loss. The Company has reclassified $2.2 million and $2.5 million for the years ended July 31, 2014 and 2013, respectively, out of other comprehensive income into interest expense.

	The notional amount of the swap amortizes until all outstanding borrowings are due on the Term Loan on December 14, 2015. See Note 8 — Long-Term Debt. As of July 31, 2014, the notional amount of the interest rate swaps was equal to the Term Loan balance of $293.8 million. The notional amount of the two derivative transactions amortizes $18.8 million per quarter through September 30, 2015 and $200.0 million on December 14, 2015.

	The hedge provided by the swaps could prove to be ineffective for a number of reasons, including early retirement of the Term Loan, as allowed under the Credit Facility, or in the event the counterparty to the interest rate swaps is determined in the future to not be creditworthy. The Company has no plans for early retirement of the Term Loan.

	The interest rate swaps are classified within Level II of the fair value hierarchy as the derivatives are valued using observable inputs. The Company determines fair value of the derivative utilizing observable market data of swap rates and basis rates. These inputs are placed into a pricing model using a discounted cash flow methodology in order to calculate the mark-to-market value of the interest rate swaps. As of July 31, 2014 and 2013, the Company’s fair value of the interest rate swaps were $1.7 million and $2.7 million, respectively, and were classified as other liabilities in the consolidated balance sheets.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Jul. 31, 2014
Stockholders' Equity [Abstract]	'
Shareholders' Equity	'
	NOTE 10 — Stockholders’ Equity

	General

	The Company has authorized the issuance of 180 million shares of common stock, with a par value of $0.0001, of which 126,143,366 shares were issued and outstanding at July 31, 2014. As of July 31, 2014 and 2013, the Company had reserved 23,472,855 and 16,606,389 shares of common stock, respectively, for the issuance of options granted under the Company’s stock option plans and 1,158,921 and 1,240,888 shares of common stock, respectively, for the issuance of shares under the Copart, Inc. Employee Stock Purchase Plan (ESPP). The Company has authorized the issuance of five million shares of preferred stock, with a par value of $0.0001, none of which were issued or outstanding at July 31, 2014 or 2013, which have the rights and preferences as the Company’s Board of Directors shall determine, from time to time.

	Stock Repurchase

	On September 22, 2011, the Company’s board of directors approved a 40 million share increase in the Company’s stock repurchase program, bringing the total current authorization to 98 million shares. The repurchases may be effected through solicited or unsolicited transactions in the open market or in privately negotiated transactions. No time limit has been placed on the duration of the stock repurchase program. Subject to applicable securities laws, such repurchases will be made at such times and in such amounts as the Company deems appropriate and may be discontinued at any time. The Company did not repurchase its common stock during the twelve months ended July 31, 2014. The Company repurchased 500,000 shares of its common stock at a weighted average price of $27.77 per share totaling $13.9 million and 8,880,708 shares of its common stock at a weighted average price of $22.51 per share totaling $200.0 million during the twelve months ended July 31, 2013 and 2012, respectively. As of July 31, 2014, the total number of shares repurchased under the program was 50,286,782 and 47,713,218 shares were available for repurchase under the program. The impact on dilutive earnings per share of all repurchased shares on the weighted average number of common shares outstanding for the twelve months ended July 31, 2014, was less than $0.01.

	Additionally, on January 14, 2011, the Company completed a tender offer to purchase up to 21,052,630 shares of their common stock at a price of $19.00 per share. The directors and executive officers were expressly prohibited from participating in the tender offer by their board of directors under the Insider Trading Policy. In connection with the tender offer, The Company accepted for purchase 24,344,176 shares of their common stock. The shares accepted for purchase were comprised of the 21,052,630 shares they offered to purchase and an additional 3,291,546 shares purchased pursuant to their right to purchase additional shares up to 2% of the Company’s outstanding shares. The shares purchased as a result of the tender offer were not part of the repurchase program. The purchase of the shares of common stock was funded by the proceeds from the issuance of long term debt. The dilutive earnings per share impact of all repurchased shares on the weighted average number of common shares outstanding for the year ended July 31, 2014 was less than $0.01.

	In the first, second and third quarters of fiscal year 2012 and in the second quarter of fiscal 2013, certain executive officers exercised stock options through cashless exercises. In the first quarter of fiscal 2014, certain employees exercised stock options through cashless exercises. A portion of the options exercised were net settled in satisfaction of the exercise price and federal and state minimum statutory tax withholding requirements. The Company remitted $0.1 million, $0.6 million and $2.6 million for years ended July 31, 2014, 2013 and 2012, respectively, to the proper taxing authorities in satisfaction of the employees’ minimum statutory withholding requirements.

	The exercised stock options are summarized in the following table:



	Period			Options			Exercise			Shares Net			Shares			Net		Share		Tax
				Exercised			Price			Settled for			Withheld			Shares to		Price for		Withholding
										Exercise			for Taxes(1)			Employee		Withholding		(in 000s)
	FY 2012—Q1				40,000		$	9			16,082			8,974			14,944	$	22.39	$	201
	FY 2012—Q2				20,000			9			7,506			4,584			7,910		23.98		110
	FY 2012—Q3				322,520			10.74			131,299			85,683			105,538		26.38		2,260
	FY 2013—Q2				73,228			8.89			18,127			17,461			37,640		35.91		627
	FY 2014—Q1				14,000			16.43			7,241			2,519			4,240		31.77		80

	-1	Shares withheld for taxes are treated as a repurchase of shares for accounting purposes but do not count against the Company’s stock repurchase program.

	Employee Stock Purchase Plan

	The ESPP provides for the purchase of up to an aggregate of 5 million shares of common stock of the Company by employees pursuant to the terms of the ESPP. The Company’s ESPP was adopted by the Board of Directors and approved by the stockholders in 1994. The ESPP was amended and restated in 2003 and again approved by the stockholders. Under the ESPP, employees of the Company who elect to participate have the right to purchase common stock at a 15 percent discount from the lower of the market value of the common stock at the beginning or the end of each six month offering period. The ESPP permits an enrolled employee to make contributions to purchase shares of common stock by having withheld from their salary an amount up to 10 percent of their compensation (which amount may be increased from time to time by the Company but may not exceed 15% of compensation). No employee may purchase more than $25,000 worth of common stock (calculated at the time the purchase right is granted) in any calendar year. The Compensation Committee of the Board of Directors administers the ESPP. The number of shares of common stock issued pursuant to the ESPP during the years ended July 31, 2014, 2013 and 2012 was 81,967; 84,761; and 97,769, respectively. As of July 31, 2014, there were 3,841,079 shares of common stock issued pursuant to the ESPP and 1,158,921 shares remain available for purchase under the ESPP.

	Stock Options

	In December 2007, the Company adopted the Copart, Inc. 2007 Equity Incentive Plan (Plan), presently covering an aggregate of 8.0 million shares of the Company’s common stock. The Plan provides for the grant of incentive stock options, restricted stock, restricted stock units and other equity-based awards to employees and non-qualified stock options, restricted stock, restricted stock units and other equity-based awards to employees, officers, directors and consultants at prices not less than 100% of the fair market value for incentive and non-qualified stock options, as determined by the Board of Directors at the grant date. Incentive and non-qualified stock options may have terms of up to ten years and vest over periods determined by the Board of Directors. Options generally vest ratably over a five-year period. The Plan replaced the Company’s 2001 Stock Option Plan. As of July 31, 2014, 4,390,767 shares were available for grant under the Plan.

	In April 2009, the Compensation Committee of the Company’s Board of Directors, following stockholder approval of proposed grants at a special meeting of stockholders, approved the grant to each Willis J. Johnson, the Company’s Chairman (and then Chief Executive Officer), and A. Jayson Adair, the Company’s Chief Executive Officer (and then President), of nonqualified stock options to purchase 4,000,000 shares of the Company’s common stock at an exercise price of $15.11 per share, which equaled the closing price of the Company’s common stock on April 14, 2009, the effective date of grant. Such grants were made in lieu of any cash salary or bonus compensation in excess of $1.00 per year or the grant of any additional equity incentives for a five-year period. Each option became exercisable over five years, due to continued service by the executive, with twenty percent (20%) vesting on April 14, 2010, and the balance vesting ratably over the subsequent four years. Each option became fully vested due to continued service on April 14, 2014, the fifth anniversary of the date of grant. The total compensation expense recognized by the Company over the five

	year service period was $26.1 million per grant. The Company recognized $7.2 million in compensation expense in the year ended July 31, 2014, and $10.2 million for the years ended July 31, 2013 and 2012, respectively, relating to these grants.

	In October 2013, the Compensation Committee of the Company’s Board of Directors, following stockholder approval of proposed grants at a meeting of stockholders, approved the grant to each of A. Jayson Adair, the Company’s Chief Executive Officer, and Vincent W. Mitz, the Company’s President, of nonqualified stock options to purchase 2,000,000 and 1,500,000 shares of the Company’s common stock, respectively, at an exercise price of $35.62 per share, which equaled the closing price of the Company’s common stock on December 16, 2013, the effective date of grant. Such grants were made in lieu of any cash salary or bonus compensation in excess of $1.00 per year or the grant of any additional equity incentives for a five-year period. Each option will become exercisable over five years, subject to continued service by Mr. Adair and Mr. Mitz, with twenty percent (20%) vesting on April 15, 2015 and December 16, 2014, respectively, and the balance vesting monthly over the subsequent four years. Each option will become fully vested, assuming continued service, on April 15, 2019 and December 16, 2018, respectively. If, prior to a change in control, either executive’s employment is terminated without cause, then one hundred percent (100%) of the shares subject to that executive’s stock option will immediately vest. If, upon or following a change in control, either the Company or a successor entity terminates the executive’s service without cause, or the executive resigns for good reason (as defined in the option agreement), then one hundred percent (100%) of the shares subject to his stock option will immediately vest. The fair value of each option at the date of grant was $11.43. The total estimated compensation expense to be recognized by the Company over the five year estimated service period for these options is $40.0 million. The Company recognized $4.7 million in compensation expenses for these grants in the year ended July 31, 2014.

	The following table details stock-based payment compensation expense included in the company’s consolidated statements of income:




				Year Ended July 31,
	(In thousands)			2014			2013			2012
	General and administrative			$	19,489		$	17,238		$	18,802
	Yard operations				2,610			2,319			2,989
	Total stock-based payment compensation			$	22,099	$	19,557		$	21,791

	There were no material compensation costs capitalized as part of the cost of an asset as of July 31, 2014 and 2013.

	A summary of the status of the Company’s non-vested shares and its activity during the year ended July 31, 2014 was as follows:



	(In thousands, except share amounts)			Number of			Weighted
				Shares			Average Grant-
							date Fair Value
Non-vested shares at July 31, 2013				3,396		$	6.55
Grants of non-vested shares				4,986			11.1
Vested				(2,186	)		6.78
Forfeitures or expirations				(275	)		7.05
Non-vested shares at July 31, 2014				5,921		$	10.39

Stock option activity for the year ended July 31, 2014 was as follows:




(In thousands, except per share and term data)			Shares			Weighted			Weighted Average			Aggregate
						Average			Remaining			Intrinsic
						Exercise Price			Contractual Term			Value
									(In years)
Outstanding as of July 31, 2013				14,922		$	16.75			5.91		$	235,086
Grants of options			4,986			35.75			—			—
Exercises				(551	)		17.1			—			—
Forfeitures or expirations				(275	)		21.73			—			—
Outstanding as of July 31, 2014				19,082		$	21.64			6.01		$	235,734
Exercisable as of July 31, 2014				13,161		$	16.33			4.67		$	224,434
Vested and expected to vest as of July 31, 2014				18,522		$	21.58			6.1		$	218,576

As required by ASC 718, Compensation — Stock Compensation, the Company made an estimate of expected forfeitures and recognized compensation cost only for those equity awards expected to vest.

The aggregate intrinsic value in the table above represents the total pretax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of the year ended July 31, 2014 and the exercise price, times the number of shares) that would have been received by the option holders had all option holders exercised their options on July 31, 2014. The aggregate intrinsic value of options exercised was $10.5 million, $25.4 million and $16.6 million in the years ended July 31, 2014, 2013 and 2012, respectively, and represents the difference between the exercise price of the option and the estimated fair value of the Company’s common stock on the dates exercised. As of July 31, 2014, the total compensation cost related to non-vested stock-based payment awards granted to employees under the Company’s stock option plans but not yet recognized was $52.3 million, net of estimated forfeitures. This cost will be amortized on a straight-line basis over a weighted average remaining term of 1.62 years and will be adjusted for subsequent changes in estimated forfeitures. The fair value of options vested for the years ended July 31, 2014, 2013 and 2012 was $15.0 million, $22.9 million and $20.9 million, respectively.

The following table summarizes stock options outstanding and exercisable as of July 31, 2014:



(In thousands, except per share amount)			Options Outstanding									Options Exercisable
Range of Exercise Prices			Number			Weighted			Weighted			Number			Weighted
						Average			Average						Average
						Remaining			Exercise						Exercise
						Contractual			Price						Price
						Life
$9.29–$14.88				550			2.32		$	12.63			550		$	12.63
$15.11–$15.11				8,000			4.7			15.11			8,000			15.11
$16.38–$22.47				4,882			4.89			18.46			4,209			18.24
$22.47–36.82				5,650			9.2			34.52			402			25.69
				19,082			6.01		$	21.64			13,161		$	16.33

Income_Taxes

Income Taxes	12 Months Ended
Income Taxes	Jul. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	NOTE 11 — Income Taxes

	Income before taxes consisted of the following:



			Year ended July 31,
	(In thousands)		2014				2013			2012
	U.S		$	218,450			$	236,118		$	237,596
	Non-U.S			51,585				40,754			40,460
	Total income before taxes		$	270,035			$	276,872		$	278,056


	Income tax expense (benefit) from continuing operations consisted of the following:



			Year ended July 31,
	(In thousands)		2014				2013			2012
	Federal:
	Current		$	90,207			$	87,484		$	102,152
	Deferred			(9,589	)			(1,073	)		(14,557	)
				80,618				86,411			87,595
	State:
	Current			1,912				3,871			3,332
	Deferred			(279	)			66			(461	)
				1,633				3,937			2,871
	Foreign:
	Current			10,077				9,090			8,460
	Deferred			(980	)			(2,591	)		(2,989	)
				9,097				6,499			5,471
	Income tax expense		$	91,348			$	96,847		$	95,937


	A reconciliation of the expected U.S. statutory tax rate to the actual effective income tax rate is as follows:



			Year ended July 31,
	(In thousands)		2014				2013			2012
	Federal statutory rate			35	%			35	%		35	%
	State income taxes, net of federal income tax benefit			1.1				1.1			1.2
	Foreign rate differential			(2.1	)			(1.8	)		(1.9	)
	Compensation and fringe benefits			0.1				0.1			—
	Other differences			(0.3	)			0.6			0.2
	Effective tax rate			33.8	%			35	%		34.5	%

	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) are presented below:



			July 31,
	(In thousands)		2014				2013
	Deferred tax assets:
	Allowance for doubtful accounts		$	1,209			$	1,109
	Accrued compensation and benefits			36,780				29,909
	State taxes			416				438
	Accrued other			2,962				3,376
	Deferred revenue			1,301				675
	Property and equipment			18,627				11,651
	Losses carried forward			4,312				4,494
	Federal tax benefit			10,457				7,897
	Total gross deferred tax assets			76,064				59,549
Less valuation allowance			(2,210	)			(1,597	)
Net deferred tax assets			73,854				57,952
Deferred tax liabilities:
Vehicle pooling costs			(7,420	)			(6,814	)
Prepaid insurance			(1,950	)			(1,039	)
Intangibles and goodwill			(33,332	)			(25,757	)
Workers’ compensation			—				(81	)
Total gross deferred tax liabilities			(42,702	)			(33,691	)
Net deferred tax assets		$	31,152			$	24,261


The above net deferred tax assets and liabilities have been reflected in the accompanying consolidated balance sheets as follows:



		July 31,
(In thousands)		2014				2013
North America current assets		$	1,803			$	2,216
North America non-current assets			36,639				29,928
Foreign non-current liabilities			(7,290	)			(7,883	)
Net deferred tax assets		$	31,152			$	24,261


The Company’s ability to realize deferred tax assets is dependent on its ability to generate future taxable income. Accordingly, the Company has established a valuation allowance in taxable jurisdictions where the utilization of the tax assets is uncertain. Additional timing differences or future tax losses may occur which could warrant a need for establishing additional valuation allowances against certain deferred tax assets. The valuation allowance for the years ended July 31, 2014 and 2013 was $2.2 million and $1.6 million, respectively.

As of July 31, 2014 and 2013, if recognized, the portion of liabilities for unrecognized tax benefits that would favorably affect the Company’s effective tax rate was $18.4 million and $17.2 million, respectively. It is possible that the amount of unrecognized tax benefits will change in the next twelve months, due to tax .

The following table summarizes the activities related to the Company’s unrecognized tax benefits:

It is the Company’s continuing practice to recognize interest and penalties related to income tax matters in income tax expense. As of July 31, 2014, 2013 and 2012, the Company had accrued interest and penalties related to unrecognized tax benefits of $5.4 million, $5.9 million and $5.6 million, respectively.

The Company is currently under audit by the states of New York, South Carolina, and Minnesota from fiscal years 2008 to 2013. The Company is no longer subject to U.S. federal and state income tax examination for fiscal years prior to 2011, excepting the jurisdictions currently under audit. At this time, the Company does not believe that the outcome of any examination will have a material impact on the Company’s consolidated results of operations and financial position.

In the years ended July 31, 2014, 2013 and 2012, the Company recognized a tax benefit of $2.5 million, $6.1 million and $4.4 million, respectively, upon the exercise of certain stock options, which was reflected in stockholders’ equity.

The Company has not provided for U.S. federal income and foreign withholding taxes on its $114.0 million foreign subsidiaries’ undistributed earnings as of July 31, 2014, because the Company intends to reinvest such earnings indefinitely in the operations and potential acquisitions related to its foreign operations. Upon distribution of those earnings in the form of dividends or otherwise, the Company would be subject to U.S. income taxes (subject to an adjustment for foreign tax credits). It is not practical to determine the income tax liability that might be incurred if these earnings were to be distributed.

Net_Income_Per_Share

Net Income Per Share	12 Months Ended
Net Income Per Share	Jul. 31, 2014
Earnings Per Share [Abstract]	'
Net Income Per Share	'
	NOTE 12 — Net Income Per Share

	The table below reconciles basic weighted shares outstanding to diluted weighted average shares outstanding:

		July 31,
	(In thousands)	2014		2013		2012
	Weighted average common shares outstanding		125,693		124,912		128,120
	Effect of dilutive securities — stock options		5,537		4,869		3,308
	Weighted average common and dilutive potential common shares outstanding		131,230		129,781		131,428

	There were no material adjustments to net income required in calculating diluted net income per share. Excluded from the dilutive earnings per share calculation were 3,684,735; 298,408; and 2,208,047 options to purchase the Company’s common stock for the years ended July 31, 2014, 2013, and 2012, respectively, because their inclusion would have been anti-dilutive.

Segments_and_Other_Geographic_

Segments and Other Geographic Information	12 Months Ended
Segments and Other Geographic Information	Jul. 31, 2014
Segment Reporting Disclosure [Abstract]	'
Segments and Other Geographic Information	'
	NOTE 13 — Segments and Other Geographic Reporting

	The Company’s North American and U.K. regions are considered two separate operating segments, which have been aggregated into one reportable segment because they share similar economic characteristics.

	Total revenues by geographic location of the selling facility are summarized in the following table:

		Year ended July 31,
	(In thousands)	2014		2013		2012
	North America	$	904,000	$	826,030	$	731,495
	United Kingdom		235,245		209,186		192,696
	Other		24,244		11,170		—
	Total revenue	$	1,163,489	$	1,046,386	$	924,191
	International total	$	269,915	$	228,945	$	199,322


	Long-lived assets by geographic location are summarized in the following table:

		Year ended July 31,
	(In thousands)	2014		2013		2012
	North America	$	551,182	$	565,590	$	514,527
	United Kingdom		139,845		102,934		91,543
	Other		57,743		44,219		—
	Total long-lived assets	$	748,770	$	712,743	$	606,070
	International total	$	204,076	$	151,179	$	95,704

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Jul. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	NOTE 14 — Commitments and Contingencies

	Leases

	The Company leases certain facilities and certain equipment under non-cancelable capital and operating leases. In addition to the minimum future lease commitments presented below, the leases generally require the Company to pay property taxes, insurance, maintenance and repair cost which are not included in the table because the Company has determined these items are not material. Certain leases provide the Company with either a right of first refusal to acquire or an option to purchase a facility at fair value. Certain leases also contain escalation clauses and renewal option clauses calling for increased rents. Where a lease contains an escalation clause or a concession, such as a rent holiday or tenant improvement allowance, rent expense is recognized on a straight-line basis over the lease term in accordance with ASC 840, Operating Leases.

	The future minimum lease commitments for the next five fiscal years, under non-cancelable capital and operating leases with initial or remaining lease terms in excess of one year were as follows:

		Year ended July 31,
	(In thousands)	2015		2016		2017		2018		2019		Thereafter		Subtotal		Less			Total
																Amount
																Representing
																Interest
	Operating leases	$	23,357	$	20,718	$	18,334	$	16,050	$	12,685	$	76,190	$	167,334	$	—		$	167,334
	Capital leases		1,407		1,312		37		3		—		—		2,759		(92	)		2,667

	Facilities rental expense for the years ended July 31, 2014, 2013 and 2012 were $26.4 million, $20.6 million and $16.2 million, respectively. Yard operations equipment rental expense for the years ended July 31, 2014, 2013 and 2012 were $3.0 million, $2.8 million and $2.7 million, respectively.

	Commitments

	Letters of Credit

	The Company had outstanding letters of credit of $17.4 million at July 31, 2014, which are primarily used to secure certain insurance obligations.

	Contingencies

	Legal Proceedings

	The Company is subject to threats of litigation and is involved in actual litigation and damage claims arising in the ordinary course of business, such as actions related to injuries, property damage, and handling or disposal of vehicles. The material pending legal proceedings to which the Company is a party to, or of which any of the Company’s property is subject to include the following matters.

	On November 1, 2013, the Company filed suit against Sparta Consulting, Inc. (now know as “KPIT”) in the 44th Judicial District Court of Dallas County, Texas, alleging fraud, fraudulent inducement, and/or promissory fraud, negligent misrepresentation, unfair business practices pursuant to California Business and Professions Code § 17200, breach of contract, declaratory judgment, and attorney’s fees. The Company seeks compensatory and exemplary damages, disgorgement of amounts paid, attorney’s fees, pre- and post-judgment interest, costs of suit, and a judicial declaration of the parties’ rights, duties, and obligations under the Implementation Services Agreement dated October 6, 2011. The suit arises out of the Company’s September 17, 2013 decision to terminate the Implementation Services Agreement, under which KPIT was to design, implement, and deliver a customized replacement enterprise resource planning system for the Company. On January 2, 2014, KPIT removed this suit to the United States District Court for the Northern District of Texas. On August 11, 2014, the Northern District of Texas transferred the suit to the United States District Court for the Eastern District of California for convenience. On January 8, 2014, KPIT filed suit against the Company in the United States District Court for the Eastern District of California, alleging breach of contract, promissory estoppel, breach of the implied covenant of good faith and fair dealing, account stated, quantum meruit, unjust enrichment, and declaratory relief. KPIT seeks compensatory and exemplary damages, prejudgment interest, costs of suit, and a judicial declaration of the parties’ rights, duties, and obligations under the Implementation Services Agreement. The Company is zealously pursuing its claim for damages, and vigorously defending KPIT’s claim for damages.

	In connection with its response to Hurricane Sandy, the Company entered into various short-term lease/license agreements with certain land owners in New York and New Jersey to marshal and store storm damaged vehicles until they were sold. In November and December 2012, various actions were commenced against the Company and land owners. In New York, actions were brought by the Town of Southampton, the County of Suffolk, the Town of Brookhaven, and the New York State Department of Environmental Conservation (the DEC), seeking declaratory and injunctive relief as well as civil penalties, in connection with alleged violations of local zoning, land use and environmental regulations. The claims by the various plaintiffs have been mitigated with the removal of vehicles from the various short-term storage locations in New York. The claims brought by the DEC have all been resolved through entering into consent orders, which included administrative payments in amounts that are not material to the Company, and restoration of premises, which the Company is undertaking. The Company is defending the remaining New York claim and believes it has bona fide legal defenses.

	The Company provides for costs relating to these matters when a loss is probable and the amount can be reasonably estimated. The effect of the outcome of these matters on the Company’s future consolidated results of operations and cash flows cannot be predicted because any such effect depends on future results of operations and the amount and timing of the resolution of such matters. The Company believes that any ultimate liability will not have a material effect on its consolidated results of operations, financial position or

	cash flows. However, the amount of the liabilities associated with these claims, if any, cannot be determined with certainty. The Company maintains insurance which may or may not provide coverage for claims made against the Company. There is no assurance that there will be insurance coverage available when and if needed. Additionally, the insurance that the Company carries requires that the Company pay for costs and/or claims exposure up to the amount of the insurance deductibles negotiated when the insurance is purchased.

	Governmental Proceedings

	The Georgia Department of Revenue, or DOR, conducted a sales and use tax audit of the Company’s operations in Georgia for the period from January 1, 2007 through June 30, 2011. As a result of the audit, the DOR issued a notice of proposed assessment for uncollected sales taxes in which it asserted that the Company failed to remit sales taxes totaling $73.8 million, including penalties and interest. In issuing the notice of proposed assessment, the DOR stated its policy position that sales for resale to non-U.S. registered resellers are subject to Georgia sales and use tax.

	The Company has engaged a Georgia law firm and outside tax advisors to review the conduct of its business operations in Georgia, the notice of assessment, and the DOR’s policy position. In particular, the Company’s outside legal counsel has provided the Company an opinion that its sales for resale to non-U.S. registered resellers should not be subject to Georgia sales and use tax. In rendering its opinion, the Company’s counsel noted that non-U.S. registered resellers are unable to comply strictly with technical requirements for a Georgia certificate of exemption but concluded that its sales for resale to non-U.S. registered resellers should not be subject to Georgia sales and use tax notwithstanding this technical inability to comply.

	Based on the opinion from the Company’s outside law firm and advice from outside tax advisors, the Company has adequately provided for the payment of a possible assessment in its consolidated financial statements. The Company believes it has strong defenses to the DOR’s notice of proposed assessment and intends to defend this matter. The Company has filed a request for protest or administrative appeal with the State of Georgia. There can be no assurance that this matter will be resolved in the Company’s favor or that the Company will not ultimately be required to make a substantial payment to the Georgia DOR. The Company understands that Georgia law and DOR regulations are ambiguous on many of the points at issue in the audit, and litigating and defending the matter in Georgia could be expensive and time-consuming and result in substantial management distraction. If the matter were to be resolved in a manner adverse to the Company, it could have a material adverse effect on the Company’s consolidated results of operations, financial position, and cash flows.

Guarantees_Indemnifications_to

Guarantees- Indemnifications to Officers and Directors	12 Months Ended
Guarantees- Indemnifications to Officers and Directors	Jul. 31, 2014
Guarantees-Indemnifications to Officers and Directors [Abstract]	'
Guarantees-Indemnifications to Officers and Directors	'
	NOTE 15 — Guarantees — Indemnifications to Officers and Directors

	The Company has entered into an updated form of indemnification agreement, which was approved in January 2012. The indemnification agreement to our directors and certain of our officers is to indemnify them to the extent permitted by law against any and all liabilities, costs, expenses, amounts paid in settlement and damages incurred by the directors as a result of any lawsuit, or any judicial, administrative or investigative proceeding in which the directors are sued as a result of their service as members of its Board of Directors. The form was intended to update the current form for our reincorporation into Delaware and general developments in corporate law since the adoption of our original form of indemnification agreement and was done as part of our ordinary course of corporate governance matters.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Jul. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	NOTE 16 — Related Party Transactions

	The Company leases certain of its facilities from officers and directors of the Company under various lease agreements. Rental payments under these leases totaled $1.4 million and $0.4 million for the years ended July 31, 2014 and 2013, respectively. Rental payments to related parties were insignificant for the year ended July 31, 2012.

	During the year ended July 31, 2012, the Company purchased three houses from executives who relocated to the corporate headquarters in Dallas, Texas. During the year ended July 31, 2013, the Company purchased one commercial property from an executive who relocated to the corporate headquarters in Dallas, Texas. During the year ended July 31, 2014, the Company purchased a property previously leased from an executive. As of July 31, 2014, one property purchased from an executive remained unsold and is reported in assets held for sale.

	On June 28, 2012, the Company entered into an agreement with Willis J. Johnson, the Company’s Chairman of the Board and a member of the Board of Directors, pursuant to which the Company acquired 2.8 million shares of its common stock at a price of $23.22 per share, or an aggregate purchase price of $65.0 million. The settlement date for the acquisition of the common stock was on or about June 28, 2012, and the purchase was made pursuant to the Company’s existing stock repurchase program. The per share purchase price for the common stock to be acquired was based on the closing price of the Company’s common stock on June 28, 2012 (as reported by The NASDAQ Stock Market). The repurchase was approved by the independent members of the Board of Directors and the Audit Committee of the Board of Directors.

	On September 27, 2012, the Company entered into an agreement with Thomas W. Smith, the Company’s former member of the Board of Directors, pursuant to which the Company acquired 0.5 million shares of its common stock at a price of $27.77 per share, or an aggregate purchase price of $13.9 million. The settlement date for the acquisition of the common stock was on or about September 27, 2012, and the purchase was made pursuant to the Company’s existing stock repurchase program. The per share purchase price for the common stock to be acquired was based on the closing price of the Company’s common stock on September 27, 2012 (as reported by The NASDAQ Stock Market). The repurchase was approved by the independent members of the Board of Directors and the Audit Committee of the Board of Directors.

	There were no amounts due to or from related parties as of July 31, 2014 and 2013 that are not separately or previously disclosed.

Employee_Benefit_Plan

Employee Benefit Plan	12 Months Ended
Employee Benefit Plan	Jul. 31, 2014
Employee Benefit Plan [Abstract]	'
Employee Benefit Plan	'
	NOTE 17 — Employee Benefit Plan

	The Company sponsors a 401(k) defined contribution plan covering its eligible employees. The plan is available to all U.S. employees who meet minimum age and service requirements and provides employees with tax deferred salary deductions and alternative investment options. The Company matches 20% of employee contributions up to 15% of employee salary deferral. The Company recognized expenses of $0.8 million, $0.5 million and $0.5 million for the years ended July 31, 2014, 2013 and 2012, respectively, related to this plan.

	The Company also sponsors an additional defined contribution plan for its U.K. employees, which is available to all U.K. employees who meet minimum service requirements. The Company matches up to 5% of employee contributions. The Company recognized expenses of $0.6 million, $0.2 million, and $0.2 million for the years ended July 31, 2014, 2013 and 2012, respectively, related to this plan.

Restructuring

Restructuring	12 Months Ended
Restructuring	Jul. 31, 2014
Restructuring and Related Activities [Abstract]	'
Restructuring	'
	NOTE 18 — Restructuring

	The Company relocated its corporate headquarters to Dallas, Texas in 2012. Restructuring costs were as follows:

		Year ended July 31,
	(In thousands)	2014			2013			2012
	General and Administrative
	Severance	$	4,598		$	978		$	1,675
	Relocation		491			759			534
	Total general and administrative	$	5,089		$	1,737		$	2,209
	Yard Operations
	Relocation	$	(28	)	$	189		$	745
	Impairment		—			—			1,123
	Total yard operations	$	(28	)	$	189		$	1,868


	Severance for the year ended July 31, 2014 included a benefit for the reversal of previously accrued costs as a result of adjusting the severance accrual based upon the Company’s reassessment of its strategy of utilizing a third-party enterprise operating system. See Capitalized Software Costs inNote 1 — Summary of Significant Accounting Policies.

	The movements in the severance accrual were as follows:

		Year ended July 31,
	(In thousands)	2014			2013
	Beginning balance	$	2,224		$	1,800
	Expense		4,598			978
	Payments		(4,924	)		(554	)
	Ending balance	$	1,898		$	2,224


	The Company started transitioning its data center to a third-party managed data center during the year ended July 31, 2013. The Company reviewed the useful life of certain assets related to its data centers and determined they should be revised from an average of 60 months to an average of 45 months to reflect the shorter useful lives of these assets. Additionally, facility depreciation related to the Company’s information technology operations, previously located in the Company’s offices in Fairfield, California, was accelerated as the department relocated to the Dallas, Texas corporate headquarters. These changes in estimates were accounted for on a prospective basis, resulting in increased depreciation expense over the revised useful lives. These changes resulted in additional depreciation expense of $2.8 million and $7.0 million for the years ended July 31, 2014 and 2013, respectively.

Quarterly_Information

Quarterly Information	12 Months Ended
Quarterly Information	Jul. 31, 2014
Quarterly Financial Information Disclosure [Abstract]	'
Quarterly Information (in thousands, except per share data) (Unaudited)	'
	NOTE 19 — Quarterly Financial Information (in thousands, except per share data) (Unaudited)⁽¹⁾



				Fiscal quarter
	Fiscal year 2014			First			Second			Third			Fourth
	Total revenue			$	279,883		$	286,434		$	309,722		$	287,450
	Operating income				64,959			71,484			62,633			75,858
	Gross Margin		107,836			111,546			132,252			116,939
	Income before income taxes				64,245			70,588			61,318			73,884
	Net income				41,422			45,345			40,877			51,043
	Basic net income per share			$	0.33		$	0.36		$	0.32		$	0.41
	Diluted net income per share			$	0.32		$	0.35		$	0.31		$	0.39

				Fiscal quarter
	Fiscal year 2013			First			Second			Third			Fourth
	Total revenue			$	238,866		$	266,185		$	277,638		$	263,697
	Operating income				74,357			62,770			82,813			63,052
	Gross Margin				105,436			96,817			115,597			103,072
	Income before income taxes				71,588			61,117			82,005			62,162
	Net income				45,845			39,640			53,236			41,304
	Basic net income per share			$	0.37		$	0.32		$	0.42		$	0.33
	Diluted net income per share			$	0.36		$	0.31		$	0.41		$	0.32

	-1	Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jul. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Use of Estimates

Revenue Recognition

The services provided to the seller of a vehicle involve disposing of a vehicle on the seller’s behalf and, under most of the Company’s current North American contracts, collecting the proceeds from the member. The Company applies Accounting Standard Update 2009-13, Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements (ASU 2009-13) for revenue recognition. Pre-sale services, including towing, title processing, preparation and storage, as well as sale fees and other enhancement services meet the criteria for separate units of accounting. The revenue associated with each service is recognized upon completion of the respective service, net of applicable rebates or allowances. For certain sellers who are charged a proportionate fee based on high bid of the vehicle, the revenue associated with the pre-sale services is recognized upon completion of the sale when the total arrangement is fixed and determinable. The estimated selling price of each service is determined based on management’s best estimate and allotted based on the relative selling price method.

Vehicle Pooling Costs

Foreign Currency Translation

The cumulative effects of foreign currency exchange rate fluctuations were as follows (in thousands):

Cumulative loss on foreign currency translation as of July 31, 2012

($34,933)

Loss on foreign currency translation

-10,487

Cumulative loss on foreign currency translation as of July 31, 2013

($45,420)

Gain on foreign currency translation

26,428

Cumulative loss on foreign currency translation as of July 31, 2014

($18,992)

Fair Value of Financial Instruments

Level I

Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets.

Level II

Level III

Inputs that are generally unobservable. These inputs may be used with internally developed methodologies that result in management’s best estimate.

Derivatives and Hedging

Cost of Vehicle Sales

Cost of vehicle sales includes the purchase price of vehicles sold for the Company’s own account.

Yard Operations

General and Administrative Expenses

General and administrative expenses consist primarily of executive, accounting and data processing, sales personnel, professional services, system maintenance and enhancements and marketing expenses.

Advertising

Other (Expense) Income

Other (expense) income consists primarily of interest expense, interest income, gains and losses from the disposal of fixed assets and rental income.

Net Income Per Share

Cash and Cash Equivalents

Bank Overdraft

Inventory

Accounts Receivable

Allowance For Doubtful Accounts

Allowance for Doubtful Accounts

Concentration of Credit Risk

Property and Equipment

Long-Lived Asset Valuation

Goodwill and Other Identifiable Intangible Assets

Assets Held for Sale

Capitalized Software Costs

Retained Insurance Liabilities

The Company is partially self-insured for certain losses related to medical, general liability, workers’ compensation and auto liability. The Company’s insurance policies are subject to a $250,000 deductible per claim, with the exception of its medical policy which has a $225,000 stop loss per claim and a stop loss limiting total exposure to 120% of expected claims. In addition, each of the Company’s policies contains an aggregate stop loss which limits its ultimate exposure. The Company’s liability represents an estimate of the ultimate cost of claims incurred as of the balance sheet date. The estimated liability is not discounted and is established based upon analysis of historical data and actuarial estimates. The primary estimates used in the actuarial analysis include total payroll and revenue. The Company’s estimates have not materially fluctuated from actual results. While the Company believes these estimates are reasonable based on the information currently available, if actual trends, including the severity of claims and medical cost inflation, differ from the Company’s estimates, the Company’s consolidated results of operations, financial position or cash flows could be impacted. The process of determining the Company’s insurance reserves requires estimates with various assumptions, each of which can positively or negatively impact those balances. As of July 31, 2014 and 2013, the total amount reserved for related self-insured claims is $5.7 million and $6.1 million, respectively.

Stock-Based Payment Compensation

The fair value of each option was estimated on the measurement date using the Black-Scholes Merton (BSM) option-pricing model utilizing the following assumptions:

July 31,

2014

2013

2012

Expected life (in years)

5.1 – 7.1

5.2 – 6.9

5.2 – 6.8

Risk-free interest rate

1.55 – 2.3

0.61 – 1.5

0.68 – 1.7

Estimated volatility

20 – 25

24 – 26

Expected dividends

Weighted average fair value at measurement date

11.1

7.87

6.01

Estimated forfeitures—When estimating forfeitures, the Company considers voluntary and involuntary termination behavior as well as analysis of actual option forfeitures.

Comprehensive Income

Recently Issued Accounting Standards

Acquisitions

The Company recognizes and measures identifiable assets acquired and liabilities assumed in acquired entities in accordance with ASC 805, Business Combinations. The accounting for acquisitions involves significant judgments and estimates, including the fair value of certain forms of consideration, the fair value of acquired intangible assets, which involve projections of future revenues, cash flows and terminal value, which are then either discounted at an estimated discount rate or measured at an estimated royalty rate, and the fair value of other acquired assets and assumed liabilities, including potential contingencies and the useful lives of the assets. The projections are developed using internal forecasts, available industry and market data and estimates of long-term growth rates of the Company. Historical experience is additionally utilized, in which historical or current costs have approximated fair value for certain assets acquired.

Segments and Other Geographic Reporting

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Jul. 31, 2014
Summary of Significant Accounting Policies [Abstract]	'
Schedule of foreign currency translation	'
	Cumulative loss on foreign currency translation as of July 31, 2012					($34,933)
	Loss on foreign currency translation					-10,487
	Cumulative loss on foreign currency translation as of July 31, 2013					($45,420)
	Gain on foreign currency translation					26,428
	Cumulative loss on foreign currency translation as of July 31, 2014					($18,992)


Schedule of fair value assumptions	'
		July 31,
			2014				2013			2012
	Expected life (in years)			5.1 – 7.1				5.2 – 6.9			5.2 – 6.8
	Risk-free interest rate			1.55 – 2.3	%			0.61 – 1.5	%		0.68 – 1.7	%
	Estimated volatility			20 – 25	%			24 – 26	%		24 – 26	%
	Expected dividends			0	%			0	%		0	%
	Weighted average fair value at measurement date		$	11.1			$	7.87		$	6.01

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Jul. 31, 2014
Business Combinations [Abstract]	'
Schedule of purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed	'
	Allocation of the acquisition:
	Allocation of the acquisition:
	Accounts receivable and prepaid expenses	$	734
	Property and equipment		71
	Inventory		81
	Intangible assets		5,153
	Goodwill		8,472
	Liabilities assumed		(43	)
	Fair value of net assets and liabilities acquired	$	14,468

	Total cash paid, net of cash acquired	$	83,866
	Contingent consideration		3,092
	Total acquisition price	$	86,958
	Allocation of the acquisition:
	Accounts receivable and prepaid expenses	$	21,082
	Deferred income taxes		2,845
	Vehicle pooling costs		1,187
	Property and equipment		21,158
	Inventory		634
	Intangible assets		24,186
	Goodwill		72,666
	Liabilities assumed		(56,800	)
	Fair value of net assets and liabilities acquired	$	86,958

Accounts_Receivable_Net_Tables

Accounts Receivable, Net (Tables)	12 Months Ended
Accounts Receivable, Net (Tables)	Jul. 31, 2014
Accounts Receivable, Net [Abstract]	'
Schedule of accounts receivable	'
		July 31,
	(In thousands)		2014			2013
	Advance charges receivable		$	126,307		$	118,584
	Trade accounts receivable			72,170			65,660
	Other receivables			2,092			1,153
				200,569			185,397
	Less: allowance for doubtful accounts			(3,584	)		(2,683	)
	Accounts receivable, net		$	196,985		$	182,714


Schedule of movements in the allowance for doubtful accounts	'
		July 31,
	(In thousands)		2014			2013			2012
	Balance at beginning of year		$	2,683		$	2,920		$	3,122
	Charged to costs and expenses			3,376			1,424			1,626
	Deductions to bad debt			(2,475	)		(1,661	)		(1,828	)
	Balance at end of year		$	3,584		$	2,683		$	2,920

Property_and_Equipment_Net_Tab

Property and Equipment, Net (Tables)	12 Months Ended
Property and Equipment, Net (Tables)	Jul. 31, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of property and equipment	'
		July 31,
	(In thousands)		2014			2013
	Transportation and other equipment		$	68,956		$	58,016
	Office furniture and equipment			41,504			59,936
	Software			61,698			74,261
	Land			475,564			443,126
	Buildings and leasehold improvements			429,895			414,284
				1,077,617			1,049,623
	Less: accumulated depreciation and amortization			(385,234	)		(372,106	)
	Property and equipment, net		$	692,383		$	677,517

Goodwill_Tables

Goodwill (Tables)	12 Months Ended
Goodwill (Tables)	Jul. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of change in carrying amount of goodwill	'
		July 31,
	(In thousands)		2014		2013
	Beginning balance		$	267,463	$	196,438
	Goodwill recorded during the period			7,724		73,414
	Effect of foreign currency exchange rates			8,593		(2,389	)
	Ending balance		$	283,780	$	267,463

Intangibles_Net_Tables

Intangibles, Net (Tables)	12 Months Ended
Intangibles, Net (Tables)	Jul. 31, 2014
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'
Schedule of intangible assets	'
		Gross				Accumulated						Net				Weighted Average
		Carrying				Amortization						Book Value				Remaining Useful
		Amount														Life (in years)
		July 31,				July 31,						July 31,				July 31,
	(In thousands, except remaining useful life)	2014		2013		2014			2013			2014		2013		2014		2013
	Amortized intangibles:
	Covenants not to compete	$	17,656	$	12,515	$	(11,945	)	$	(10,965	)	$	5,711	$	1,550		4		4
	Supply contracts & customer relationships		46,761		33,711		(29,193	)		(22,152	)		17,568		11,559		4		6
	Trade name		2,757		2,998		(1,125	)		(402	)		1,632		2,596		3		4
	Licenses and databases		2,560		3,306		(2,229	)		(1,305	)		331		2,001		3		3
	Intangibles, net	$	69,734	$	52,530	$	(44,492	)	$	(34,824	)	$	25,242	$	17,706
Schedule of aggregate amortization expense on intangible assets	'

	(In thousands)
	2015	$	6,491
	2016		5,976
	2017		5,712
	2018		4,501
	2019		1,087
	Thereafter		1,475
	Total future intangible amortization expense	$	25,242

Accounts_Payable_and_Accrued_L1

Accounts Payable and Accrued Liabilities (Tables)	12 Months Ended
Accounts Payable and Accrued Liabilities (Tables)	Jul. 31, 2014
Payables and Accruals [Abstract]	'
Schedule of accounts payable and accrued liabilities	'
		July 31,
	(In thousands)		2014		2013
	Trade accounts payable		$	22,108	$	34,488
	Accounts payable to sellers			40,105		36,073
	Buyer deposits and prepayments			28,117		25,384
	Accrued compensation and benefits			25,721		21,978
	Accrued insurance			5,703		6,048
	Other accrued liabilities			30,402		12,677
	Total accounts payable and accrued expenses		$	152,156	$	136,648

LongTerm_Debt_Tables

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Jul. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of future annual payments	'
	(In thousands)	July 31,
	2015	$	75,000
	2016		218,750
	Total future Term Loan payments	$	293,750

Stockholders_Equity_Tables

Stockholder's Equity (Tables)	12 Months Ended
Stockholder's Equity (Tables)	Jul. 31, 2014
Stockholders' Equity [Abstract]	'
Schedule of stock options exercised	'
	Period		Options			Exercise		Shares Net		Shares		Net		Share		Tax
			Exercised			Price		Settled for		Withheld		Shares to		Price for		Withholding
								Exercise		for Taxes(1)		Employee		Withholding		(in 000s)
	FY 2012—Q1			40,000		$	9		16,082		8,974		14,944	$	22.39	$	201
	FY 2012—Q2			20,000			9		7,506		4,584		7,910		23.98		110
	FY 2012—Q3			322,520			10.74		131,299		85,683		105,538		26.38		2,260
	FY 2013—Q2			73,228			8.89		18,127		17,461		37,640		35.91		627
	FY 2014—Q1			14,000			16.43		7,241		2,519		4,240		31.77		80

	-1	Shares withheld for taxes are treated as a repurchase of shares for accounting purposes but do not count against the Company’s stock repurchase program.
Schedule of share-based compensation expense	'
	(In thousands)		2014			2013		2012
	General and administrative		$	19,489		$	17,238	$	18,802
	Yard operations			2,610			2,319		2,989
	Total stock-based payment compensation		$	22,099		$	19,557	$	21,791
Schedule of non-vested shares	'
	(In thousands, except share amounts)		Number of			Weighted
			Shares			Average Grant-
						date Fair Value
	Non-vested shares at July 31, 2013			3,396		$	6.55
	Grants of non-vested shares			4,986			11.1
	Vested			(2,186	)		6.78
	Forfeitures or expirations			(275	)		7.05
	Non-vested shares at July 31, 2014			5,921		$	10.39
Schedule of option activity	'
	(In thousands, except per share and term data)		Shares			Weighted		Weighted Average		Aggregate
						Average		Remaining		Intrinsic
						Exercise Price		Contractual Term		Value
								(In years)
	Outstanding as of July 31, 2013			14,922		$	16.75		5.91	$	235,086
	Grants of options			4,986			35.75		—		—
	Exercises			(551	)		17.1		—		—
	Forfeitures or expirations			(275	)		21.73		—		—
	Outstanding as of July 31, 2014			19,082		$	21.64		6.01	$	235,734
	Exercisable as of July 31, 2014			13,161		$	16.33		4.67	$	224,434
	Vested and expected to vest as of July 31, 2014			18,522		$	21.58		6.1	$	218,576
Schedule of stock options outstanding and exercisable	'
	(In thousands, except per share amount)		Options Outstanding							Options Exercisable
	Range of Exercise Prices		Number			Weighted		Weighted		Number		Weighted
						Average		Average				Average
						Remaining		Exercise				Exercise
						Contractual		Price				Price
						Life
	$9.29–$14.88			550			2.32	$	12.63		550	$	12.63
	$15.11–$15.11			8,000			4.7		15.11		8,000		15.11
	$16.38–$22.47			4,882			4.89		18.46		4,209		18.24
	$22.47–36.82			5,650			9.2		34.52		402		25.69
				19,082			6.01	$	21.64		13,161	$	16.33

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jul. 31, 2014
Income Tax Disclosure [Abstract]	'
Schedule of income from continuing operations before taxes	'
	Year ended July 31,
	(In thousands)	2014			2013			2012
	U.S	$	218,450		$	236,118		$	237,596
	Non-U.S		51,585			40,754			40,460
	Total income before taxes	$	270,035		$	276,872		$	278,056

Schedule of income tax expense (benefit) from continuing operations	'

		Year ended July 31,
	(In thousands)	2014			2013			2012
	Federal:
	Current	$	90,207		$	87,484		$	102,152
	Deferred		(9,589	)		(1,073	)		(14,557	)
			80,618			86,411			87,595
	State:
	Current		1,912			3,871			3,332
	Deferred		(279	)		66			(461	)
			1,633			3,937			2,871
	Foreign:
	Current		10,077			9,090			8,460
	Deferred		(980	)		(2,591	)		(2,989	)
			9,097			6,499			5,471
	Income tax expense	$	91,348		$	96,847		$	95,937

Schedule of reconciliation of Income tax	'

		Year ended July 31,
	(In thousands)	2014			2013			2012
	Federal statutory rate		35	%		35	%		35	%
	State income taxes, net of federal income tax benefit		1.1			1.1			1.2
	Foreign rate differential		(2.1	)		(1.8	)		(1.9	)
	Compensation and fringe benefits		0.1			0.1			—
	Other differences		(0.3	)		0.6			0.2
	Effective tax rate		33.8	%		35	%		34.5	%

Schedule of tax effects on deferred tax assets and deferred tax liabilities	'

		July 31,
	(In thousands)	2014			2013
	Deferred tax assets:
	Allowance for doubtful accounts	$	1,209		$	1,109
	Accrued compensation and benefits		36,780			29,909
	State taxes		416			438
	Accrued other		2,962			3,376
	Deferred revenue		1,301			675
	Property and equipment		18,627			11,651
	Losses carried forward		4,312			4,494
	Federal tax benefit		10,457			7,897
	Total gross deferred tax assets		76,064			59,549
	Less valuation allowance		(2,210	)		(1,597	)
	Net deferred tax assets		73,854			57,952
	Deferred tax liabilities:
	Vehicle pooling costs		(7,420	)		(6,814	)
	Prepaid insurance		(1,950	)		(1,039	)
	Intangibles and goodwill		(33,332	)		(25,757	)
	Workers’ compensation		—			(81	)
	Total gross deferred tax liabilities		(42,702	)		(33,691	)
	Net deferred tax assets	$	31,152		$	24,261

Schedule of net deferred tax liability	'
		July 31,
	(In thousands)	2014			2013
	North America current assets	$	1,803		$	2,216
	North America non-current assets		36,639			29,928
	Foreign non-current liabilities		(7,290	)		(7,883	)
	Net deferred tax assets	$	31,152		$	24,261

Schedule of unrecognized tax benefits	'

		July 31,
	(In thousands)	2014			2013			2012
	Beginning balance	$	17,178		$	16,946		$	18,794
	Increases related to current year tax position		1,805			1,844			2,036
	Prior year tax positions:
	Prior year increase		2,997			1,474			618
	Prior year decrease		(523	)		—		(952	)
	Cash settlement		—			—			(452	)
	Lapse of statute of limitations		(3,038	)		(3,086	)		(3,098	)
	Ending balance	$	18,419		$	17,178		$	16,946

Net_Income_Per_Share_Tables

Net Income Per Share (Tables)	12 Months Ended
Net Income Per Share (Tables)	Jul. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of reconciliation of basic weighted shares outstanding to diluted weighted average shares outstanding	'
		July 31,
	(In thousands)		2014		2013		2012
	Weighted average common shares outstanding			125,693		124,912		128,120
	Effect of dilutive securities — stock options			5,537		4,869		3,308
	Weighted average common and dilutive potential common shares outstanding			131,230		129,781		131,428

Segments_and_Other_Geographic_1

Segments and Other Geographic Information (Tables)	12 Months Ended
Segments and Other Geographic Information (Tables)	Jul. 31, 2014
Segment Reporting Disclosure [Abstract]	'
Schedule of revenues by geographic location	'
		Year ended July 31,
	(In thousands)		2014		2013		2012
	North America		$	904,000	$	826,030	$	731,495
	United Kingdom			235,245		209,186		192,696
	Other			24,244		11,170		—
	Total revenue		$	1,163,489	$	1,046,386	$	924,191
	International total		$	269,915	$	228,945	$	199,322


Schedule of long-lived assets by geographic location	'
		Year ended July 31,
	(In thousands)		2014		2013		2012
	North America		$	551,182	$	565,590	$	514,527
	United Kingdom			139,845		102,934		91,543
	Other			57,743		44,219		—
	Total long-lived assets		$	748,770	$	712,743	$	606,070
	International total		$	204,076	$	151,179	$	95,704

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Jul. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of future minimum lease commitments under noncancelable capital and operating leases	'
		Year ended July 31,
	(In thousands)		2015		2016		2017		2018		2019		Thereafter		Subtotal		Less			Total
																	Amount
																	Representing
																	Interest
	Operating leases		$	23,357	$	20,718	$	18,334	$	16,050	$	12,685	$	76,190	$	167,334	$	—		$	167,334
	Capital leases			1,407		1,312		37		3		—		—		2,759		(92	)		2,667

Restructuring_Tables

Restructuring (Tables)	12 Months Ended
Restructuring (Tables)	Jul. 31, 2014
Restructuring and Related Activities [Abstract]	'
Schedule of restructuring-related costs	'
		Year ended July 31,
	(In thousands)	2014			2013			2012
	General and Administrative
	Severance	$	4,598		$	978		$	1,675
	Relocation		491			759			534
	Total general and administrative	$	5,089		$	1,737		$	2,209
	Yard Operations
	Relocation	$	(28	)	$	189		$	745
	Impairment		—			—			1,123
	Total yard operations	$	(28	)	$	189		$	1,868
Schedule of movements in severance accrual	'

		Year ended July 31,
	(In thousands)	2014			2013
	Beginning balance	$	2,224		$	1,800
	Expense		4,598			978
	Payments		(4,924	)		(554	)
	Ending balance	$	1,898		$	2,224

Quarterly_Information_Tables

Quarterly Information (Tables)	12 Months Ended
Quarterly Information (Tables)	Jul. 31, 2014
Quarterly Financial Information Disclosure [Abstract]	'
Schedule of quarterly financial information	'
		Fiscal quarter
	Fiscal year 2014		First		Second		Third		Fourth
	Total revenue		$	279,883	$	286,434	$	309,722	$	287,450
	Operating income			64,959		71,484		62,633		75,858
	Gross Margin			107,836		111,546		132,252		116,939
	Income before income taxes			64,245		70,588		61,318		73,884
	Net income			41,422		45,345		40,877		51,043
	Basic net income per share		$	0.33	$	0.36	$	0.32	$	0.41
	Diluted net income per share		$	0.32	$	0.35	$	0.31	$	0.39

			Fiscal quarter
	Fiscal year 2013		First		Second		Third		Fourth
	Total revenue		$	238,866	$	266,185	$	277,638	$	263,697
	Operating income			74,357		62,770		82,813		63,052
	Gross Margin			105,436		96,817		115,597		103,072
	Income before income taxes			71,588		61,117		82,005		62,162
	Net income			45,845		39,640		53,236		41,304
	Basic net income per share		$	0.37	$	0.32	$	0.42	$	0.33
	Diluted net income per share		$	0.36	$	0.31	$	0.41	$	0.32

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Cumulative Translation Adjustment Summary [Roll Forward]	'	'	'
Cumulative loss on foreign currency translation, Begining balance	($45,420)	($34,933)	($23,225)
Gailn / loss on foreign currency translation	26,428	-10,487	-11,708
Cumulative loss on foreign currency translation, Ending balance	($18,992)	($45,420)	($34,933)

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1) (Stock Options [Member], USD $)	12 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Fair value assumptions, method used	'Black-Scholes Merton (BSM) option-pricing model	'Black-Scholes Merton (BSM) option-pricing model	'Black-Scholes Merton (BSM) option-pricing model
Risk-free interest rate, minimum	1.55%	0.61%	0.68%
Risk-free interest rate, maximum	2.30%	1.50%	1.70%
Estimated volatility, minimum	20.00%	24.00%	24.00%
Estimated volatility, maximum	25.00%	26.00%	26.00%
Expected dividends	0.00%	0.00%	0.00%
Weighted-average fair value at measurement date	$11.10	$7.87	$6.01
Minimum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expected life (in years)	'5 years 1 month 6 days	'5 years 2 months 12 days	'5 years 2 months 12 days
Maximum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expected life (in years)	'7 years 1 month 6 days	'6 years 10 months 24 days	'6 years 9 months 18 days

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
	Segment
	Derivative
Summary of Significant Accounting Policies [Abstract]	'	'	'
Number of interest rate derivatives held	2	'	'
Number of operating segments	2	'	'
Number of reportable segment	1	'	'
Advertising expenses	$5	$5	$6.50

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Details Textuals 1)	12 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Total revenues [Member]	'	'	'
Revenue, Major Customer [Line Items]	'	'	'
Concentration risk, benchmark description	'more than 10	'more than 10	'more than 10
Concentration risk, customer	'no single customer accounted for more than 10	'no single customer accounted for more than 10	'no single customer accounted for more than 10
Accounts receivables [Member]	'	'	'
Revenue, Major Customer [Line Items]	'	'	'
Concentration risk, benchmark description	'more than 10	'more than 10	'
Concentration risk, customer	'one customer accounted for more than 10	'one customer accounted for more than 10	'

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Details Textuals 2) (USD $)	12 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Retained Insurance Liabilities [Abstract]	'	'	'
Amount deductible per claim - insurance policies	$250,000,000	'	'
Amount deductible per claim - medical policy	225,000,000	'	'
Percentage of medical claim	120.00%	'	'
Self insured claims reserve	5,700,000	6,100,000	'
Share-based Arrangements with Employees and Nonemployees [Abstract]	'	'	'
Proceeds from the exercise of stock options	10,412,000	21,442,000	13,651,000
Income tax benefit realized from stock-based payment compensation	2,289,000	6,097,000	4,367,000
Impairment of long-lived assets	29,104,000	'	8,771,000
Software development costs, gross	61,700,000	74,300,000	'
Accumulated amortization	38,600,000	28,600,000	'
Impairment charge	$29,100,000	'	'
Leasehold improvements [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and Equipment, estimated useful lives	'between five and ten years	'	'
Internally developed or purchased software [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and Equipment, estimated useful lives	'three to five years	'	'
Transportation and other equipment [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and Equipment, estimated useful lives	'three to seven years	'	'
Office furniture and equipment [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and Equipment, estimated useful lives	'three to ten years	'	'
Buildings and leasehold improvements [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and Equipment, estimated useful lives	'5 to 40 years or the lease term, whichever is shorter	'	'

Acquisitions_Details

Acquisitions (Details) (Salvage vehicle auction business and auction platform [Member], USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Salvage vehicle auction business and auction platform [Member]	'	'
Business Acquisition [Line Items]	'	'
Total cash paid, net of cash acquired	'	$83,866
Contingent consideration	'	3,092
Total acquisition price	14,468	86,958
Allocation of the acquisition price:	'	'
Accounts receivable and prepaid expenses	734	21,082
Deferred income taxes	'	2,845
Vehicle pooling costs	'	1,187
Property and equipment	71	21,158
Inventory	81	634
Intangible assets	5,153	24,186
Goodwill	8,472	72,666
Liabilities assumed	-43	-56,800
Fair value of net assets and liabilities acquired	$14,468	$86,958

Acquisitions_Details_Textuals

Acquisitions (Details Textuals) (USD $)

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2012

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2014

Jul. 31, 2013

Mar. 31, 2011

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2014

Covenants not to compete [Member]

Licenses and databases [Member]

John Hewitt and Sons, Limited (Hewitt) [Member]

Salvage vehicle auction business and auction platform [Member]

Salvage parent inc [Member]

Covenants not to compete [Member]

Supply contracts [Member]

Customer relationships [Member]

Trade name [Member]

Licenses and databases [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Business Acquisition [Line Items]

Voting stock

100.00%

Total acquisition price

$14,468,000

$86,958,000

Goodwill

283,780,000

267,463,000

196,438,000

19,300,000

800,000

Useful life of intangible assets

'4 years

'3 years

'8 years

'3 years

'8 years

'3 years

'8 years

'3 years

'8 years

'3 years

'8 years

Accrued Liabilities

11,500,000

Intangible assets, net

25,242,000

17,706,000

5,711,000

1,550,000

331,000

2,001,000

9,300,000

Pre-acquisition contingency low

7,000,000

Pre-acquisition contingency high

28,000,000

Fair value of this contingency

$14,000,000

Accounts_Receivable_Net_Detail

Accounts Receivable, Net (Details) (USD $)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2011
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Accounts receivable, gross, current	$200,569	$185,397	'	'
Less allowance for doubtful accounts	-3,584	-2,683	-2,920	-3,122
Accounts receivable, net	196,985	182,714	'	'
Advance charges receivable [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Accounts receivable, gross, current	126,307	118,584	'	'
Trade accounts receivable [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Accounts receivable, gross, current	72,170	65,660	'	'
Other receivables [Member]	'	'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Accounts receivable, gross, current	$2,092	$1,153	'	'

Accounts_Receivable_Net_Detail1

Accounts Receivable, Net (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Allowance for Doubtful Accounts Receivable [Roll Forward]	'	'	'
Balance at beginning of year	$2,683	$2,920	$3,122
Charged to costs and expenses	3,376	1,424	1,626
Deductions to bad debt	-2,475	-1,661	-1,828
Balance at end of year	$3,584	$2,683	$2,920

Property_and_Equipment_Net_Det

Property and Equipment, Net (Details) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	$1,077,617	$1,049,623
Less accumulated depreciation and amortization	-385,234	-372,106
Property, plant and equipment, net, total	692,383	677,517
Transportation and other equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	68,956	58,016
Office furniture and equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	41,504	59,936
Software [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	61,698	74,261
Land [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	475,564	443,126
Buildings and leasehold improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property, plant and equipment, gross	$429,895	$414,284

Property_and_Equipment_Net_Det1

Property and Equipment, Net (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Property, Plant and Equipment [Line Items]	'	'	'
Depreciation expense	$37	$42	$34.80
Software [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Amortization expense	$9.80	$9.50	$8.90

Goodwill_Details

Goodwill (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Goodwill [Roll Forward]	'	'
Beginning balance	$267,463	$196,438
Goodwill recorded during the period	7,724	73,414
Effect of foreign currency translation	8,593	-2,389
Ending balance	$283,780	$267,463

Goodwill_Details_Textuals

Goodwill (Details Textuals) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Goodwill [Abstract]	'	'
Goodwill impairment losses	$21.80	$21.80

Intangibles_Net_Details

Intangibles, Net (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Amortized intangible assets:	'	'
Gross Carrying Amount	$69,734	$52,530
Accumulated Amortization	-44,492	-34,824
Intangibles, net	25,242	17,706
Covenants not to compete [Member]	'	'
Amortized intangible assets:	'	'
Gross Carrying Amount	17,656	12,515
Accumulated Amortization	-11,945	-10,965
Intangibles, net	5,711	1,550
Weighted Average Remaining Useful Life (in years)	'4 years	'4 years
Supply Contract And Customer Relationships [Member]	'	'
Amortized intangible assets:	'	'
Gross Carrying Amount	46,761	33,711
Accumulated Amortization	-29,193	-22,152
Intangibles, net	17,568	11,559
Weighted Average Remaining Useful Life (in years)	'4 years	'6 years
Trade name [Member]	'	'
Amortized intangible assets:	'	'
Gross Carrying Amount	2,757	2,998
Accumulated Amortization	-1,125	-402
Intangibles, net	1,632	2,596
Weighted Average Remaining Useful Life (in years)	'3 years	'4 years
Licenses and databases [Member]	'	'
Amortized intangible assets:	'	'
Gross Carrying Amount	2,560	3,306
Accumulated Amortization	-2,229	-1,305
Intangibles, net	$331	$2,001
Weighted Average Remaining Useful Life (in years)	'3 years	'3 years

Intangibles_Net_Details_1

Intangibles, Net (Details 1) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'	'
2015	$6,491	'
2016	5,976	'
2017	5,712	'
2018	4,501	'
2019	1,087	'
Thereafter	1,475	'
Intangibles, net	$25,242	$17,706

Intangibles_Net_Details_Textua

Intangibles, Net (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'	'	'
Amortization expenses	$6.90	$4.80	$4.50

Accounts_Payable_and_Accrued_L2

Accounts Payable and Accrued Liabilities (Details) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Payables and Accruals [Abstract]	'	'
Trade accounts payable	$22,108	$34,488
Accounts payable to sellers	40,105	36,073
Buyer deposits and prepayments	28,117	25,384
Accrued compensation and benefits	25,721	21,978
Accrued insurance	5,703	6,048
Other accrued liabilities	30,402	12,677
Total accounts payable and accrued expenses	$152,156	$136,648

LongTerm_Debt_Details

Long-Term Debt (Details) (USD $)	Jul. 31, 2014
In Thousands, unless otherwise specified	Jul. 31, 2014
Debt Disclosure [Abstract]	'
2015	$75,000
2016	218,750
Total future Term Long payments	$293,750

LongTerm_Debt_Details_Textuals

Long-Term Debt (Details Textuals) (USD $)

0 Months Ended

12 Months Ended

In Millions, unless otherwise specified

Mar. 01, 2013

Jul. 31, 2014

Sep. 29, 2011

Jul. 31, 2014

Sep. 29, 2011

Jan. 14, 2011

Revolving Credit Facility [Member]

Alternative currency borrowing credit facility [Member]

Letter of Credit [Member]

Term Loan Facility [Member]

Original Limit

Minimum [Member]

Maximum [Member]

Term Loan Facility [Member]

Line of Credit Facility [Line Items]

Maximum borrwing capacity

$100

$50

$500

$400

Outstanding borrowings

17.4

293.8

Quarterly payments for term loan

$18.80

Reference rate basis

'(i) the Eurocurrency Rate; (ii) the Federal Funds Rate; or (iii) the Prime Rate as described in the Credit Facility.

Reference rate

0.16%

Applicable interest rate added to reference rate in order to compute variable interest rate

1.50%

2.00%

Maturity date

14-Dec-15

Commitment fee percentage

0.08%

0.13%

Net leverage ratio

'1:1 to 1.5:1

Line of credit facility, interest rate description

'A default interest rate applies on all obligations during an event of default under the credit facility at a rate per annum equal to 2.0% above the otherwise applicable interest rate.

Derivatives_and_Hedging_Detail

Derivatives and Hedging (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
	Derivative	Jul. 31, 2013
Derivative [Line Items]	'	'
Number of interest rate derivatives held	2	'
Interest Rate Swap [Member]	'	'
Derivative [Line Items]	'	'
Number of interest rate derivatives held	2	'
Derivative, type of instrument	'Interest rate swaps	'
Amount reclassified into earnings	$2.20	$2.50
Description of interest rate cash flow hedge accounting method	'Hypothetical derivative method	'
Amortization on notional amount per quarter through September 30, 2015	18.8	'
Amortization on notional amount on December 14, 2015	200	'
Derivative, description of variable rate basis	'One month LIBOR rate	'
Interest Rate Swap [Member] \| Level II [Member]	'	'
Derivative [Line Items]	'	'
Derivative designated as cash flow hedge, Fair value	1.7	2.7
Interest Rate Swap [Member] \| Cash flow hedging [Member]	'	'
Derivative [Line Items]	'	'
Notional amount of interest rate swap	293.8	'
First interest rate swap [Member]	'	'
Derivative [Line Items]	'	'
Portion of notional amount at fixed interest rate	237.5	'
Derivative, fixed interest rate	85.00%	'
Second interest rate swap [Member]	'	'
Derivative [Line Items]	'	'
Portion of notional amount at fixed interest rate	$56.30	'
Derivative, fixed interest rate	69.00%	'

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2013		Jan. 31, 2013		Apr. 30, 2012		Jan. 31, 2012		Oct. 31, 2011
Share-Based Compensation Arrangement By Share-Based Payment Award, Options Exercisable [Abstract]	'		'		'		'		'
Options Exercised	14,000		73,228		322,520		20,000		40,000
Exercise Price	$16.43		$8.89		$10.74		$9		$9
Shares Net Settled for Exercise	7,241		18,127		131,299		7,506		16,082
Shares Withheld for Taxes	2,519	[1]	17,461	[1]	85,683	[1]	4,584	[1]	8,974	[1]
Net Shares to Employee	4,240		37,640		105,538		7,910		14,944
Share Price for Withholding	$31.77		$35.91		$26.38		$23.98		$22.39
Tax Withholding (in 000's)	$80		$627		$2,260		$110		$201

[1]	Shares withheld for taxes are treated as a repurchase of shares for accounting purposes but do not count against the Company's stock repurchase program.

Stockholders_Equity_Details_1

Stockholder's Equity (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'
Stock-based payment compensation expense	$22,099	$19,557	$21,791
General and administrative [Member]	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'
Stock-based payment compensation expense	19,489	17,238	18,802
Yard Operations [Member]	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'
Stock-based payment compensation expense	$2,610	$2,319	$2,989

Stockholders_Equity_Details_2

Stockholder's Equity (Details 2) (Stock Options [Member], USD $)	12 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Stock Options [Member]	'	'	'
Number Of Shares [Roll Forward]	'	'	'
Non-vested shares at July 31, 2013	3,396	'	'
Grants of non-vested shares	4,986	'	'
Vested	-2,186	'	'
Forfeitures or expirations (in shares)	-275	'	'
Non-vested shares at July 31, 2014	5,921	3,396	'
Weighted Average Grant Date Fair Value [Roll Forward]	'	'	'
Non-vested shares at July 31, 2013	$6.55	$6.59	'
Grants of non-vested shares	$11.10	$7.87	$6.01
Vested	$6.78	'	'
Forfeitures or expirations	$7.05	'	'
Non-vested shares at July 31, 2014	$10.39	$6.55	$6.59

Stockholders_Equity_Details_3

Stockholder's Equity (Details 3) (USD $)	3 Months Ended					12 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 31, 2013	Jan. 31, 2013	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Jul. 31, 2014
	Oct. 31, 2013	Jan. 31, 2013	Apr. 30, 2012	Jan. 31, 2012	Oct. 31, 2011	Stock Options [Member]
Number Of Options [Roll Forward]	'	'	'	'	'	'
Outstanding at July 31, 2013 (in shares)	'	'	'	'	'	14,922
Grants of options (in shares)	'	'	'	'	'	4,986
Exercise of stock options, net of repurchased shares (in shares)	14,000	73,228	322,520	20,000	40,000	-551
Forfeitures or expirations (in shares)	'	'	'	'	'	-275
Outstanding at July 31, 2014 (in shares)	'	'	'	'	'	19,082
Exercisable at July 31, 2014 (in shares)	'	'	'	'	'	13,161
Vested and expected to vest at July 31, 2014 (in shares)	'	'	'	'	'	18,522
Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'
Outstanding at July 31, 2013 (in dollars per share)	'	'	'	'	'	$16.75
Grants of options (in dollars per share)	'	'	'	'	'	$35.75
Exercises (in dollars per share)	$16.43	$8.89	$10.74	$9	$9	$17.10
Forfeitures or expirations (in dollars per share)	'	'	'	'	'	$21.73
Outstanding at July 31, 2014 (in dollars per share)	'	'	'	'	'	$21.64
Exercisable at July 31, 2014 (in dollars per share)	'	'	'	'	'	$16.33
Vested and expected to vest at July 31, 2014 (in dollars per share)	'	'	'	'	'	$21.58
Weighted-Average Remaining Contractual Term [Roll Forward]	'	'	'	'	'	'
Outstanding at July 31, 2013	'	'	'	'	'	'5 years 10 months 28 days
Exercisable at July 31, 2014	'	'	'	'	'	'4 years 8 months 1 day
Vested and expected to vest at July 31, 2014	'	'	'	'	'	'6 years 1 month 6 days
Outstanding at July 31, 2014	'	'	'	'	'	'6 years 4 days
Aggregate Intrinsic Value [Roll Forward]	'	'	'	'	'	'
Outstanding at July 31, 2013	'	'	'	'	'	$235,086
Outstanding at July 31, 2014	'	'	'	'	'	235,734
Exercisable at July 31, 2014	'	'	'	'	'	224,434
Vested and expected to vest at July 31, 2014	'	'	'	'	'	$218,576

Stockholders_Equity_Details_4

Stockholder's Equity (Details 4) (Stock Options [Member], USD $)	12 Months Ended
	Jul. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Number Outstanding at July 31, 2013	19,082
Weighted-Average Remaining Contractual Life	'6 years 4 days
Weighted- Average Exercise Price, Options Outstanding	$21.64
Number Exercisable at July 31, 2013	13,161
Weighted-Average Exercise Price, Options Exercisable	$16.33
Excercise price $9.29-$14.88 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit	$9.29
Range of Exercise Prices, Upper Limit	$14.88
Number Outstanding at July 31, 2013	550
Weighted-Average Remaining Contractual Life	'2 years 3 months 26 days
Weighted- Average Exercise Price, Options Outstanding	$12.63
Number Exercisable at July 31, 2013	550
Weighted-Average Exercise Price, Options Exercisable	$12.63
Excercise price $15.11-$15.11 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit	$15.11
Range of Exercise Prices, Upper Limit	$15.11
Number Outstanding at July 31, 2013	8,000
Weighted-Average Remaining Contractual Life	'4 years 8 months 12 days
Weighted- Average Exercise Price, Options Outstanding	$15.11
Number Exercisable at July 31, 2013	8,000
Weighted-Average Exercise Price, Options Exercisable	$15.11
Excercise price $16.38-$22.47 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit	$16.38
Range of Exercise Prices, Upper Limit	$22.47
Number Outstanding at July 31, 2013	4,882
Weighted-Average Remaining Contractual Life	'4 years 10 months 21 days
Weighted- Average Exercise Price, Options Outstanding	$18.46
Number Exercisable at July 31, 2013	4,209
Weighted-Average Exercise Price, Options Exercisable	$18.24
Excercise price $22.47-$36.82 [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Range of Exercise Prices, Lower Limit	$22.47
Range of Exercise Prices, Upper Limit	$36.82
Number Outstanding at July 31, 2013	5,650
Weighted-Average Remaining Contractual Life	'9 years 2 months 12 days
Weighted- Average Exercise Price, Options Outstanding	$34.52
Number Exercisable at July 31, 2013	402
Weighted-Average Exercise Price, Options Exercisable	$25.69

Stockholders_Equity_Details_Te

Stockholder's Equity (Details Textuals) (USD $)	Jul. 31, 2014	Jul. 31, 2013
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]	'	'
Common stock, shares authorized	180,000,000	180,000,000
Common stock par value (in dollars per share)	$0.00	$0.00
Common stock, shares outstanding	126,143,366	125,494,995
Common stock, shares issued	126,143,366	125,494,995
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares issued	'	'
Common stock, reserved for issuance of stock options	23,472,855	16,606,389
Employee Stock Purchase Plan (ESPP) [Member]	'	'
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]	'	'
Common stock, reserved for issuance of stock options	1,158,921	1,240,888

Stockholders_Equity_Details_Te1

Stockholder's Equity (Details Textuals 1) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Sep. 22, 2011	Jan. 14, 2011
Stock Repurchase [Abstract]	'	'	'	'	'
Additional common stock authorized for repurchase (in shares)	'	'	'	40,000,000	'
Common stock authorized for repurchase (in shares)	'	'	'	98,000,000	'
Company repurchased common stock (in shares)	'	500,000	8,880,708	'	'
Company repurchased common stock	'	$13.90	$200	'	'
Stock repurchase price per share (in dollars per share)	'	$27.77	$22.51	'	'
Number of shares repurchased under the program	50,286,782	'	'	'	'
Number of shares available for repurchase under Stock Repurchase Program	47,713,218	'	'	'	'
Purchase of common shares from tender offer	'	'	'	'	21,052,630
Tender price to purchase common shares	'	'	'	'	$19
Number of shares accepted for purchase under tender offer	'	'	'	'	24,344,176
Additional purchase of common shares from tender offer	'	'	'	'	3,291,546
Threshold limit for purchase of company's additional shares	'	'	'	'	2.00%
Dilutive earnings per share, Impact of repurchase shares on the weighted average common shares outstanding (in dollars per share)	$0.01	'	'	'	'
Remittance to taxing authorities under statutory withholding in fiscal year 2013, 2012 and 2011	$0.10	$0.60	$2.60	'	'

Stockholders_Equity_Details_Te2

Stockholder's Equity (Details Textuals 2) (USD $)	12 Months Ended			1 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Dec. 31, 2007
	Employee Stock Purchase Plan (ESPP) [Member]	Employee Stock Purchase Plan (ESPP) [Member]	Employee Stock Purchase Plan (ESPP) [Member]	2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Common stock authorized to purchase	5,000,000	'	'	8,000,000
Share-based compensation arrangement by share-based payment award, discount from market price, purchase date	15.00%	'	'	'
Share-based compensation arrangement by share-based payment award, maximum employee contribution permitted value	$25,000	'	'	'
Number of shares of common stock issued pursuant to the ESPP	81,967	84,761	97,769	'
Common stock have been issued pursuant to the ESPP	3,841,079	'	'	'
Shares were available for future grant under the Plan (in shares)	1,158,921	'	'	4,390,767
Share-based compensation arrangement by share-based payment award, award requisite service period	'	'	'	'5 years
Maximum vesting term for incentive and non-qualified stock options determined by board of directors	'	'	'	'10 years
Maximum percentage of salary withheld for employee contribution	'up to 10 percent	'	'	'
Compensation contribution limit in percentage	'may not exceed 15	'	'	'

Stockholders_Equity_Details_Te3

Stockholder's Equity (Details Textuals 3) (USD $)	1 Months Ended	12 Months Ended			1 Months Ended
In Millions, except Share data, unless otherwise specified	Apr. 30, 2009	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Oct. 31, 2013	Apr. 30, 2009	Apr. 30, 2009	Oct. 31, 2013	Oct. 31, 2013
	April 2009 Grants [Member]	April 2009 Grants [Member]	April 2009 Grants [Member]	April 2009 Grants [Member]	October 2013 Grants [Member]	Willis J. Johnson [Member]	A. Jayson Adair [Member]	A. Jayson Adair [Member]	Vincent W. Mitz [Member]
						April 2009 Grants [Member]	April 2009 Grants [Member]	October 2013 Grants [Member]	October 2013 Grants [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'	'	'	'	'	'	'	'
Nonqualified stock options to purchase Of Shares	'	'	'	'	'	4,000,000	4,000,000	2,000,000	1,500,000
Nonqualified stock options to purchase Of Shares Exercise Price	$15.11	'	'	'	$35.62	'	'	'	'
Deferred compensation arrangement with individual - requisite service period	'5 years	'	'	'	'5 years	'	'	'	'
Deferred compensation arrangement with individual - maximum contractual term	'Each option became fully vested due to continued service on April 14, 2014, the fifth anniversary of the date of grant.	'	'	'	'Each option will become fully vested, assuming continued service, on April 15, 2019 and December 16, 2018, respectively.	'	'	'	'
Term for not granting cash salary or bonus compensation in excess of $ 1.00 per year	'5 years	'	'	'	'5 years	'	'	'	'
Percentage of total aggregate options vested on April 14, 2010	20.00%	'	'	'	20.00%	'	'	'	'
Percentage of stock options which would get immediately vested on termination of executive	'	'	'	'	100.00%	'	'	'	'
Percentage of stock options which would get immediately vested on change of control	'	'	'	'	100.00%	'	'	'	'
Total compensation expense to be recognized per grant	$26.10	'	'	'	$40	'	'	'	'
Recognized compensation expense	'	$7.20	$10.20	$10.20	$4.70	'	'	'	'
Fair value of each option of grant	'	'	'	'	$11.43	'	'	'	'

Stockholders_Equity_Details_Te4

Stockholder's Equity (Details Textuals 4) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Stockholders' Equity [Abstract]	'	'	'
Aggregate intrinsic value of options exercised	$10.50	$25.40	$16.60
Unrecongnized total compensation cost related to non-vested stock-based awards	52.3	'	'
Amortized cost on a straight-line basis over a weighted average term	'1 year 7 months 13 days	'	'
Fair value of options vested	$15	$22.90	$20.90

Income_Taxes_Details

Income Taxes (Details) (USD $)

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Jul. 31, 2014

Apr. 30, 2014

Jan. 31, 2014

Oct. 31, 2013

Jul. 31, 2013

Apr. 30, 2013

Jan. 31, 2013

Oct. 31, 2012

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2012

Income From Continuing Operations Before Taxes [Abstract]

$218,450

$236,118

$237,596

Non-U.S.

51,585

40,754

40,460

Income before income taxes

$73,884

[1]

$61,318

[1]

$70,588

[1]

$64,245

[1]

$62,162

[1]

$82,005

[1]

$61,117

[1]

$71,588

[1]

$270,035

$276,872

$278,056

[1]

Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Federal:	'	'	'
Current	$90,207	$87,484	$102,152
Deferred	-9,589	-1,073	-14,557
Federal Income Tax Expense (Benefit), Continuing Operations	80,618	86,411	87,595
State:	'	'	'
Current	1,912	3,871	3,332
Deferred	-279	66	-461
State and Local Income Tax Expense (Benefit), Continuing Operations	1,633	3,937	2,871
Foreign:	'	'	'
Current	10,077	9,090	8,460
Deferred	-980	-2,591	-2,989
Foreign Income Tax Expense (Benefit), Continuing Operations	9,097	6,499	5,471
Income tax expense (benefit), total	$91,348	$96,847	$95,937

Income_Taxes_Details_2

Income Taxes (Details 2)	12 Months Ended
Income Taxes (Details 2)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]	'	'	'
Federal statutory rate	35.00%	35.00%	35.00%
State income taxes, net of federal income tax benefit	1.10%	1.10%	1.20%
Foreign	-2.10%	-1.80%	-1.90%
Compensation and fringe benefits	0.10%	0.10%	'
Other differences	-0.30%	0.60%	0.20%
Effective tax rate	33.80%	35.00%	34.50%

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Deferred tax assets:	'	'
Allowance for doubtful accounts	$1,209	$1,109
Accrued compensation and benefits	36,780	29,909
State taxes	416	438
Accrued other	2,962	3,376
Deferred revenue	1,301	675
Property and equipment	18,627	11,651
Losses carried forward	4,312	4,494
Federal tax benefit	10,457	7,897
Total gross deferred tax assets	76,064	59,549
Less valuation allowance	-2,210	-1,597
Net deferred tax assets	73,854	57,952
Deferred tax liabilities:	'	'
Vehicle pooling costs	-7,420	-6,814
Prepaid insurance	-1,950	-1,039
Intangibles and goodwill	-33,332	-25,757
Workers compensation	'	-81
Total gross deferred tax liabilities	-42,702	-33,691
Net deferred tax asset	$31,152	$24,261

Income_Taxes_Details_4

Income Taxes (Details 4) (USD $)	Jul. 31, 2014	Jul. 31, 2013
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Schedule Of Deferred Tax Assets (Liabilities) [Line Items]	'	'
Net deferred tax asset	$31,152	$24,261
North America [Member]	'	'
Schedule Of Deferred Tax Assets (Liabilities) [Line Items]	'	'
North America current liabilities	1,803	2,216
North America non-current assets	36,639	29,928
Foreign [Member]	'	'
Schedule Of Deferred Tax Assets (Liabilities) [Line Items]	'	'
Foreign non-current liabilities	($7,290)	($7,883)

Income_Taxes_Details_5

Income Taxes (Details 5) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]	'	'	'
Balance as of August 1	$17,178	$16,946	$18,794
Increases related to current year tax positions	1,805	1,844	2,036
Prior year tax positions:	'	'	'
Prior year increase	2,997	1,474	618
Prior year decrease	-523	'	-952
Cash settlement	'	'	-452
Lapse of statute of limitations	-3,038	-3,086	-3,098
Balance at July 31	$18,419	$17,178	$16,946

Income_Taxes_Details_Textuals

Income Taxes (Details Textuals) (USD $)	12 Months Ended
Income Taxes (Details Textuals) (USD $)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Income Tax Disclosure [Abstract]	'	'	'
Valuation allowance	$2,210,000	$1,597,000	'
Unrecognized tax benefits that would impact effective tax rate	18,400,000	17,200,000	'
Interest and penalties related to income tax	5,400,000	5,900,000	5,600,000
Recognized tax benefit	2,500,000	6,100,000	4,400,000
Retained earnings, undistributed earnings from equity method investees	$114,000,000	'	'

Net_Income_Per_Share_Details

Net Income Per Share (Details)	12 Months Ended
Net Income Per Share (Details)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Earnings Per Share [Abstract]	'	'	'
Weighted average common shares outstanding	125,693	124,912	128,120
Effect of dilutive securities - stock options	5,537	4,869	3,308
Weighted average common and dilutive potential common shares outstanding	131,230	129,781	131,428

Net_Income_Per_Share_Details_T

Net Income Per Share (Details Textuals)	12 Months Ended
Net Income Per Share (Details Textuals)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Earnings Per Share [Abstract]	'	'	'
Stock options excluded from the calculation of dilutive earnings per share	3,684,735	298,408	2,208,047

Segments_and_Other_Geographic_2

Segments and Other Geographic Information (Details) (USD $)

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Jul. 31, 2014

Apr. 30, 2014

Jan. 31, 2014

Oct. 31, 2013

Jul. 31, 2013

Apr. 30, 2013

Jan. 31, 2013

Oct. 31, 2012

Jul. 31, 2014

Jul. 31, 2013

Jul. 31, 2012

Segment Reporting Information, Profit (Loss) [Abstract]

Revenues

$287,450

[1]

$309,722

[1]

$286,434

[1]

$279,883

[1]

$263,697

[1]

$277,638

[1]

$266,185

[1]

$238,866

[1]

$1,163,489

$1,046,386

$924,191

Other [Member]

Segment Reporting Information, Profit (Loss) [Abstract]

Revenues

24,244

11,170

International [Member]

Segment Reporting Information, Profit (Loss) [Abstract]

Revenues

269,915

228,945

199,322

Operating segments [Member] | North America [Member]

Segment Reporting Information, Profit (Loss) [Abstract]

Revenues

904,000

826,030

731,495

Operating segments [Member] | United Kingdom [Member]

Segment Reporting Information, Profit (Loss) [Abstract]

Revenues

$235,245

$209,186

$192,696

[1]

Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.

Segments_and_Other_Geographic_3

Segments and Other Geographic Information (Details 1) (USD $)	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Segment Reporting Information, Profit (Loss) [Abstract]	'	'	'
Total long-lived assets	$748,770	$712,743	$606,070
Other [Member]	'	'	'
Segment Reporting Information, Profit (Loss) [Abstract]	'	'	'
Total long-lived assets	57,743	44,219	'
International [Member]	'	'	'
Segment Reporting Information, Profit (Loss) [Abstract]	'	'	'
Total long-lived assets	204,076	151,179	95,704
Operating segments [Member] \| North America [Member]	'	'	'
Segment Reporting Information, Profit (Loss) [Abstract]	'	'	'
Total long-lived assets	551,182	565,590	514,527
Operating segments [Member] \| United Kingdom [Member]	'	'	'
Segment Reporting Information, Profit (Loss) [Abstract]	'	'	'
Total long-lived assets	$139,845	$102,934	$91,543

Segments_and_Other_Geographic_4

Segments and Other Geographic Information (Details Textuals)	12 Months Ended
	Jul. 31, 2014
	Segment
Segment Reporting Disclosure [Abstract]	'
Number of operating segments	2
Number of reportable segment	1

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	Jul. 31, 2014
In Thousands, unless otherwise specified	Jul. 31, 2014
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2015	$23,357
2016	20,718
2017	18,334
2018	16,050
2019	12,685
Thereafter	76,190
Subtotal	167,334
Less Amount Representing Interest	'
Total	167,334
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2015	1,407
2016	1,312
2017	37
2018	3
2019	'
Thereafter	'
Subtotal	2,759
Less Amount Representing Interest	-92
Total	$2,667

Commitments_and_Contingencies_2

Commitments and Contingencies (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Major Operating and Capital Expenses [Abstract]	'	'	'
Notice of proposed assessment for uncollected sales tax including interest and penalties	$73.80	'	'
Letter Of Credit [Member]	'	'	'
Major Operating and Capital Expenses [Abstract]	'	'	'
Outstanding borrowings	17.4	'	'
Facilities Rental Expense [Member]	'	'	'
Major Operating and Capital Expenses [Abstract]	'	'	'
Rental expense	26.4	20.6	16.2
Yard Operations Equipment Rental Expense [Member]	'	'	'
Major Operating and Capital Expenses [Abstract]	'	'	'
Rental expense	$3	$2.80	$2.70

Related_Party_Transactions_Det

Related Party Transactions (Details Textuals) (USD $)	12 Months Ended				1 Months Ended	12 Months Ended			1 Months Ended
	Jul. 31, 2013	Jul. 31, 2012	Jul. 31, 2014	Jul. 31, 2013	Jun. 28, 2012	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012	Sep. 27, 2012
			Board of Directors and Officers [Member]	Board of Directors and Officers [Member]	Willis J. Johnson [Member]	Executives [Member]	Executives [Member]	Executives [Member]	Thomas W. Smith [Member]
						Derivative	Derivative	Derivative
Related Party Transactions, By Related Party [Abstract]	'	'	'	'	'	'	'	'	'
Rental payments	'	'	$1,400,000	$400,000	'	'	'	'	'
Acquired common stock, value	($13,885,000)	($199,896,000)	'	'	$65,000,000	'	'	'	$13,900,000
Acquired common stock, shares	'	'	'	'	2,800,000	'	'	'	500,000
Acquired Common stock, Price Per Shares (in dollars per share)	'	'	'	'	$23.22	'	'	'	$27.77
Related party transaction number of houses purchased	'	'	'	'	'	'	'	3	'
Related party transaction number of property purchased	'	'	'	'	'	'	1	'	'
Number of assets held for sale	'	'	'	'	'	1	'	'	'

Employee_Benefit_Plan_Details_

Employee Benefit Plan (Details Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
United States Defined Contribution Plan [Member]	'	'	'
Defined Contribution Plans [Line Items]	'	'	'
Recognized deferred compensation expenses	$0.80	$0.50	$0.50
Defined contribution plan, contributions by employer, percentage	20.00%	'	'
Maximum employer contribution on employees salary deferral	15.00%	'	'
United Kingdom Based Defined Contribution Plans [Member]	'	'	'
Defined Contribution Plans [Line Items]	'	'	'
Recognized deferred compensation expenses	$0.60	$0.20	$0.20
Defined contribution plan, contributions by employer, percentage	5.00%	'	'

Restructuring_Details

Restructuring (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
General and administrative expense	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	$5,089	$1,737	$2,209
Yard operations [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	-28	189	1,868
Severance [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	4,598	978	'
Severance [Member] \| General and administrative expense	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	4,598	978	1,675
Relocation [Member] \| General and administrative expense	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	491	759	534
Relocation [Member] \| Yard operations [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	-28	189	745
Impairment [Member] \| Yard operations [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Restructuring-related costs	'	'	$1,123

Restructuring_Details_1

Restructuring (Details 1) (Severance [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2011
Severance [Member]	'	'	'
Restructuring Reserve [Roll Forward]	'	'	'
Beginning Balance	$2,224	$1,800	$1,051
Expense	4,598	978	'
Payments	-4,924	-554	'
Ending Balance	$1,898	$2,224	$1,051

Restructuring_Detail_Textuals

Restructuring (Detail Textuals) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jul. 31, 2014	Jul. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Additional depreciation expense	$2.80	$7
Data Centers [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Average useful lives of data center	'60 months	'
Revised average useful lives of data center	'45 months	'

Quarterly_Information_Unaudite

Quarterly Information (Unaudited) (Details) (USD $)	3 Months Ended																12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jul. 31, 2014		Apr. 30, 2014		Jan. 31, 2014		Oct. 31, 2013		Jul. 31, 2013		Apr. 30, 2013		Jan. 31, 2013		Oct. 31, 2012		Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2012
Quarterly Financial Information Disclosure [Abstract]	'		'		'		'		'		'		'		'		'	'	'
Total revenue	$287,450	[1]	$309,722	[1]	$286,434	[1]	$279,883	[1]	$263,697	[1]	$277,638	[1]	$266,185	[1]	$238,866	[1]	$1,163,489	$1,046,386	$924,191
Operating income	75,858	[1]	62,633	[1]	71,484	[1]	64,959	[1]	63,052	[1]	82,813	[1]	62,770	[1]	74,357	[1]	274,934	282,992	286,353
Gross Margin	116,939	[1]	132,252	[1]	111,546	[1]	107,836	[1]	103,072	[1]	115,597	[1]	96,817	[1]	105,436	[1]	'	'	'
Income before income taxes	73,884	[1]	61,318	[1]	70,588	[1]	64,245	[1]	62,162	[1]	82,005	[1]	61,117	[1]	71,588	[1]	270,035	276,872	278,056
Net income	$51,043	[1]	$40,877	[1]	$45,345	[1]	$41,422	[1]	$41,304	[1]	$53,236	[1]	$39,640	[1]	$45,845	[1]	$178,687	$180,025	$182,119
Basic net income per share	$0.41	[1]	$0.32	[1]	$0.36	[1]	$0.33	[1]	$0.33	[1]	$0.42	[1]	$0.32	[1]	$0.37	[1]	$1.42	$1.44	$1.42
Diluted net income per share	$0.39	[1]	$0.31	[1]	$0.35	[1]	$0.32	[1]	$0.32	[1]	$0.41	[1]	$0.31	[1]	$0.36	[1]	$1.36	$1.39	$1.39

[1]	Earnings per share were computed independently for each of the periods presented; therefore, the sum of the earnings per share amounts for the quarters may not equal the total for the year.