10-Q Filing

COPART INC CIK: 900075 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000900075-23-000043`
Period End Date	20231031
Filing Date	20231121
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	cprt-20231031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 36 Cash Flow Statement 70 Stockholders Equity 19 Comprehensive Income 10

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$957.39M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in held to maturity securities	`DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss`	$1.41B	USD	Point-in-time
Investment in held to maturity securities	`DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss`	$48.98M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$702.04M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$755.63M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Vehicle pooling costs	`VehiclePoolingCosts`	$127.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	957.34M	shares	Point-in-time
Vehicle pooling costs	`VehiclePoolingCosts`	$123.72M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	960.21M	shares	Point-in-time
Inventories	`InventoryNet`	$42.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	960.21M	shares	Point-in-time
Inventories	`InventoryNet`	$39.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$418.00K	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$6.57M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.14M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.58B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.84B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.94B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$121.69M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$108.14M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$62.70M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$81.83M	USD	Point-in-time
Goodwill	`Goodwill`	$394.29M	USD	Point-in-time
Goodwill	`Goodwill`	$500.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$100.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$65.81M	USD	Point-in-time
Total assets	`Assets`	$7.33B	USD	Point-in-time
Total assets	`Assets`	$6.74B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$440.81M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$495.20M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$27.17M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.37M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$80.11M	USD	Point-in-time
Current portion of operating and finance lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$21.47M	USD	Point-in-time
Current portion of operating and finance lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$21.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$624.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$492.77M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$91.82M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$89.49M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$69.98M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$69.19M	USD	Point-in-time
Operating and finance lease liabilities, net of current portion	`Cprt_OperatingAndFinanceLeaseLiabilityNoncurrent`	$101.47M	USD	Point-in-time
Operating and finance lease liabilities, net of current portion	`Cprt_OperatingAndFinanceLeaseLiabilityNoncurrent`	$88.08M	USD	Point-in-time
Long-term debt and other liabilities	`LongTermDebtAndCapitalLeaseObligations`	$10.90M	USD	Point-in-time
Long-term debt and other liabilities	`LongTermDebtAndCapitalLeaseObligations`	$9.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$897.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$750.44M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$25.22M	USD	Point-in-time
Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 960,208,274 and 957,344,162 shares issued and outstanding, respectively.	`CommonStockValue`	$96.00K	USD	Point-in-time
Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 960,208,274 and 957,344,162 shares issued and outstanding, respectively.	`CommonStockValue`	$96.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$938.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-177.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-141.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.74B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.33B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$893.37M	USD	1 Quarter
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.02B	USD	1 Quarter
Yard operations	`DirectOperatingCosts`	$372.78M	USD	1 Quarter
Yard operations	`DirectOperatingCosts`	$408.50M	USD	1 Quarter
Cost of vehicle sales	`CostDirectMaterial`	$147.90M	USD	1 Quarter
Cost of vehicle sales	`CostDirectMaterial`	$151.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.64M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$581.87M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$625.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$395.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$311.50M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$4.42M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$32.01M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.07M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.82M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$1.60M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$27.93M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$423.31M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$313.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$67.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$90.78M	USD	1 Quarter
Net income	`ProfitLoss`	$332.53M	USD	1 Quarter
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Less: Net income attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00K	USD	1 Quarter
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$332.53M	USD	1 Quarter
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$245.85M	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	958.13M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	952.20M	shares	1 Quarter
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	971.68M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	964.34M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$332.53M	USD	1 Quarter
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Depreciation and amortization, including debt cost	`DepreciationAmortizationAndAccretionNet`	$39.33M	USD	1 Quarter
Depreciation and amortization, including debt cost	`DepreciationAmortizationAndAccretionNet`	$43.35M	USD	1 Quarter
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$1.05M	USD	1 Quarter
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$1.40M	USD	1 Quarter
Equity in (earnings) losses of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$4.76M	USD	1 Quarter
Equity in (earnings) losses of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-2.12M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.32M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.19M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.05M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$113.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-988.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.78M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$77.09M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$53.84M	USD	1 Quarter
Vehicle pooling costs	`IncreaseDecreaseInVehiclePoolingCosts`	$4.38M	USD	1 Quarter
Vehicle pooling costs	`IncreaseDecreaseInVehiclePoolingCosts`	$4.64M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.67M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-4.02M	USD	1 Quarter
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$40.54M	USD	1 Quarter
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$35.30M	USD	1 Quarter
Operating lease right-of-use assets and lease liabilities	`IncreaseDecreaseInOtherOperatingAssets`	$-52.00K	USD	1 Quarter
Operating lease right-of-use assets and lease liabilities	`IncreaseDecreaseInOtherOperatingAssets`	$-366.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.15M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$40.37M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-588.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.10M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-6.13M	USD	1 Quarter
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-44.59M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$19.90M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$76.72M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$375.25M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$311.56M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$162.26M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$152.66M	USD	1 Quarter
Cash acquired in connection with acquisition	`CashAcquiredFromAcquisition`	$17.66M	USD	1 Quarter
Cash acquired in connection with acquisition	`CashAcquiredFromAcquisition`	-	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$185.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$924.00K	USD	1 Quarter
Proceeds from the sale of held to maturity securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	-	USD	1 Quarter
Proceeds from the sale of held to maturity securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	$1.38B	USD	1 Quarter
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	1 Quarter
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.24B	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.47M	USD	1 Quarter
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.06M	USD	1 Quarter
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.12M	USD	1 Quarter
Payments for employee stock-based tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$295.00K	USD	1 Quarter
Payments for employee stock-based tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$711.00K	USD	1 Quarter
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$5.00K	USD	1 Quarter
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$7.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$759.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.41M	USD	1 Quarter
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19M	USD	1 Quarter
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.69M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.62B	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$155.16M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$957.39M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$957.39M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$64.00K	USD	1 Quarter
Interest paid	`InterestPaidNet`	$96.00K	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$9.07M	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$5.70M	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Outstanding shares, beginning balance (in shares)	`CommonStockSharesOutstanding`	960.21M	shares	Point-in-time
Outstanding shares, beginning balance (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Net income	`ProfitLoss`	$332.53M	USD	1 Quarter
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.57M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.35M	USD	1 Quarter
Exercise of stock options, net of repurchased shares (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	331,000.00	shares	1 Quarter
Exercise of stock options, net of repurchased shares	`StockIssuedDuringPeriodValueStockOptionsExercised`	$766.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.19M	USD	1 Quarter
Outstanding shares, ending balance (in shares)	`CommonStockSharesOutstanding`	960.21M	shares	Point-in-time
Outstanding shares, ending balance (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.41B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$332.53M	USD	1 Quarter
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.57M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.35M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$296.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$216.28M	USD	1 Quarter
Less: Comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00K	USD	1 Quarter
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$216.28M	USD	1 Quarter
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$296.17M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.