| Segments and Other Geographic Reporting |
NOTE 10 – 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 "CODM", the Company's Chief Executive Officer, allocates resources and measures results. The primary financial measures used by the CODM for assessing performance and allocating resources are service revenue, vehicle sales and operating income. The following table presents financial information by segment:
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Three Months Ended January 31, 2026 |
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Three Months Ended January 31, 2025 |
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(In thousands) |
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United States |
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International |
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Total |
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United States |
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International |
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Total |
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Service revenues |
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$ |
819,467 |
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$ |
132,584 |
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$ |
952,051 |
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$ |
868,130 |
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$ |
123,151 |
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$ |
991,281 |
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Vehicle sales |
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102,153 |
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67,470 |
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169,623 |
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106,715 |
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65,320 |
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172,035 |
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Total service revenues and vehicle sales |
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921,620 |
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200,054 |
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1,121,674 |
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974,845 |
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188,471 |
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1,163,316 |
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Facility operations |
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395,350 |
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83,080 |
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478,430 |
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418,824 |
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71,232 |
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490,056 |
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Cost of vehicle sales |
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96,375 |
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54,057 |
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150,432 |
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92,807 |
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54,900 |
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147,707 |
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General and administrative |
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88,423 |
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15,679 |
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104,102 |
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87,321 |
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12,021 |
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99,342 |
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Operating income |
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$ |
341,472 |
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$ |
47,238 |
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$ |
388,710 |
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$ |
375,893 |
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$ |
50,318 |
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$ |
426,211 |
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Depreciation and amortization, excluding debt costs |
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$ |
46,829 |
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$ |
8,558 |
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$ |
55,387 |
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$ |
46,455 |
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$ |
7,744 |
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$ |
54,199 |
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Interest income |
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46,958 |
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3,029 |
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49,987 |
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39,149 |
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1,598 |
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40,747 |
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Capital expenditures and acquisitions |
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58,875 |
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10,738 |
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69,613 |
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153,212 |
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20,868 |
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174,080 |
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Six Months Ended January 31, 2026 |
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Six Months Ended January 31, 2025 |
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(In thousands) |
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United States |
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International |
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Total |
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United States |
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International |
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Total |
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Service revenues |
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$ |
1,675,001 |
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$ |
268,895 |
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$ |
1,943,896 |
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$ |
1,728,120 |
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$ |
249,497 |
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$ |
1,977,617 |
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Vehicle sales |
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199,233 |
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133,575 |
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332,808 |
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194,265 |
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138,263 |
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332,528 |
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Total service revenues and vehicle sales |
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1,874,234 |
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402,470 |
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2,276,704 |
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1,922,385 |
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387,760 |
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2,310,145 |
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Facility operations |
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793,835 |
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161,084 |
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954,919 |
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842,441 |
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144,161 |
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986,602 |
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Cost of vehicle sales |
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186,334 |
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105,641 |
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291,975 |
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169,093 |
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116,792 |
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285,885 |
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General and administrative |
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177,621 |
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32,785 |
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210,406 |
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179,898 |
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25,182 |
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205,080 |
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Operating income |
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$ |
716,444 |
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$ |
102,960 |
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$ |
819,404 |
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$ |
730,953 |
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$ |
101,625 |
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$ |
832,578 |
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Depreciation and amortization, excluding debt costs |
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$ |
92,238 |
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$ |
17,191 |
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$ |
109,429 |
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$ |
92,370 |
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$ |
15,456 |
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$ |
107,826 |
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Interest income |
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97,053 |
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6,439 |
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103,492 |
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82,992 |
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3,302 |
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86,294 |
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Capital expenditures and acquisitions |
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130,333 |
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52,021 |
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182,354 |
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365,129 |
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46,966 |
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412,095 |
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January 31, 2026 |
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July 31, 2025 |
|
(In thousands) |
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United States |
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International |
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Total |
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United States |
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International |
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Total |
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Total assets |
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$ |
9,220,373 |
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$ |
1,374,589 |
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$ |
10,594,962 |
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$ |
8,834,063 |
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$ |
1,256,839 |
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$ |
10,090,902 |
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Goodwill |
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390,422 |
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|
133,051 |
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|
523,473 |
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390,422 |
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127,357 |
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517,779 |
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