Segments and Other Geographic Reporting

12 Months Ended

Jul. 31, 2024

Segment Reporting [Abstract]

Segments and Other Geographic Reporting

Segments and Other Geographic Reporting

The Company’s U.S. and International regions are considered two separate operating segments and are disclosed as two reportable segments. The segments represent geographic areas and reflect how the chief operating decision maker allocates resources and measures results, including total revenues and operating income.

The following tables present financial information by segment:

	Year Ended July 31, 2024
(In thousands)	United States		International		Total
Service revenues	$	3,126,102	$	434,900	$	3,561,002
Vehicle sales	338,633		337,188		675,821
Total service revenues and vehicle sales	3,464,735		772,088		4,236,823
Yard operations	1,440,707		269,377		1,710,084
Cost of vehicle sales	313,449		306,038		619,487
General and administrative	282,545		52,684		335,229
Operating income	$	1,428,034	$	143,989	$	1,572,023
Depreciation and amortization, excluding debt costs	$	161,685	$	28,076	$	189,761
Capital expenditures, including acquisitions	491,497		113,906		605,403
Total assets	7,386,103		1,041,661		8,427,764
Goodwill	390,421		123,488		513,909

	Year Ended July 31, 2023
(In thousands)	United States		International		Total
Service revenues	$	2,841,641	$	356,487	$	3,198,128
Vehicle sales	348,007		323,383		671,390
Total service revenues and vehicle sales	3,189,648		679,870		3,869,518
Yard operations	1,292,527		225,502		1,518,029
Cost of vehicle sales	326,764		287,734		614,498
General and administrative	202,260		48,162		250,422
Operating income	$	1,368,097	$	118,472	$	1,486,569
Depreciation and amortization, excluding debt costs	$	135,804	$	23,674	$	159,478
Capital expenditures, including acquisitions	373,190		143,446		516,636
Total assets	5,825,064		912,815		6,737,879
Goodwill	270,269		124,020		394,289

	Year Ended July 31, 2022
(In thousands)	United States		International		Total
Service revenues	$	2,533,165	$	319,875	$	2,853,040
Vehicle sales	411,985		235,896		647,881
Total service revenues and vehicle sales	2,945,150		555,771		3,500,921
Yard operations	1,123,986		185,511		1,309,497
Cost of vehicle sales	380,928		204,275		585,203
General and administrative	192,667		38,557		231,224
Operating income	$	1,247,569	$	127,428	$	1,374,997
Depreciation and amortization, excluding debt costs	$	120,635	$	17,350	$	137,985
Capital expenditures, including acquisitions	297,632		146,420		444,052
Total assets	4,615,788		693,076		5,308,864
Goodwill	270,269		131,685		401,954