10-Q Filing

COPART INC CIK: 900075 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0000900075-24-000007`
Period End Date	20240131
Filing Date	20240227
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	cprt-20240131_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 73 Cash Flow Statement 79 Stockholders Equity 30 Comprehensive Income 22

Balance Sheet 85 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`	$1.66B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$957.39M	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`	$1.41B	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$846.36M	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$702.04M	USD	Point-in-time
Vehicle pooling costs	`VehiclePoolingCosts`	$137.91M	USD	Point-in-time
Vehicle pooling costs	`VehiclePoolingCosts`	$123.72M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	961.31M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	957.34M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Inventories	`InventoryNet`	$42.81M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	961.31M	shares	Point-in-time
Inventories	`InventoryNet`	$39.97M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$17.03M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$6.57M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.31M	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`	$3.75B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.84B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.04B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$108.14M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$112.84M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$84.05M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$62.70M	USD	Point-in-time
Goodwill	`Goodwill`	$510.56M	USD	Point-in-time
Goodwill	`Goodwill`	$394.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$99.87M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$65.81M	USD	Point-in-time
Total assets	`Assets`	$6.74B	USD	Point-in-time
Total assets	`Assets`	$7.60B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$473.86M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$440.81M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.20M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.12M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.37M	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`	$21.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$526.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$492.77M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$94.14M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$89.49M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$71.31M	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`	$88.08M	USD	Point-in-time
Operating and finance lease liabilities, net of current portion	`Cprt_OperatingAndFinanceLeaseLiabilityNoncurrent`	$93.88M	USD	Point-in-time
Long-term debt and other liabilities	`LongTermDebtAndCapitalLeaseObligations`	$10.90M	USD	Point-in-time
Long-term debt and other liabilities	`LongTermDebtAndCapitalLeaseObligations`	$453.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$785.81M	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`	$25.11M	USD	Point-in-time
Redeemable non-controlling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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; 961,311,496 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; 961,311,496 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`	$1.09B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-141.01M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-145.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.60B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.74B	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.85B	USD	2 Qtrs
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.02B	USD	1 Quarter
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$956.72M	USD	1 Quarter
Total service revenues and vehicle sales	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.04B	USD	2 Qtrs
Yard operations	`DirectOperatingCosts`	$409.18M	USD	1 Quarter
Yard operations	`DirectOperatingCosts`	$817.68M	USD	2 Qtrs
Yard operations	`DirectOperatingCosts`	$748.27M	USD	2 Qtrs
Yard operations	`DirectOperatingCosts`	$375.50M	USD	1 Quarter
Cost of vehicle sales	`CostDirectMaterial`	$146.82M	USD	1 Quarter
Cost of vehicle sales	`CostDirectMaterial`	$294.71M	USD	2 Qtrs
Cost of vehicle sales	`CostDirectMaterial`	$305.84M	USD	2 Qtrs
Cost of vehicle sales	`CostDirectMaterial`	$154.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$60.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$84.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$118.95M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$152.90M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$591.20M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$640.25M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.27B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.17B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$677.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$365.52M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$379.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$775.28M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$33.96M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$14.48M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$65.96M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$18.90M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.10M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-5.72M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.90M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-7.17M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$30.85M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$11.58M	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$13.18M	USD	2 Qtrs
Total other income	`NonoperatingIncomeExpense`	$58.79M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$377.10M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$410.75M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$834.06M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$690.21M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$176.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$85.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$83.43M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$150.68M	USD	2 Qtrs
Net income	`ProfitLoss`	$539.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Net income	`ProfitLoss`	$293.68M	USD	1 Quarter
Net income	`ProfitLoss`	$658.06M	USD	2 Qtrs
Net income	`ProfitLoss`	$325.53M	USD	1 Quarter
Less: Net income/(loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-103.00K	USD	2 Qtrs
Less: Net income/(loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net income/(loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income/(loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-108.00K	USD	1 Quarter
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$658.16M	USD	2 Qtrs
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$539.52M	USD	2 Qtrs
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$325.63M	USD	1 Quarter
Net income attributable to Copart, Inc.	`NetIncomeLoss`	$293.68M	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	2 Qtrs
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic net income per common share (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	952.47M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	960.52M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	959.33M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	952.75M	shares	1 Quarter
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Diluted net income per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	973.13M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	964.48M	shares	2 Qtrs
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	965.07M	shares	1 Quarter
Diluted weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	974.59M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$539.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Net income	`ProfitLoss`	$293.68M	USD	1 Quarter
Net income	`ProfitLoss`	$658.06M	USD	2 Qtrs
Net income	`ProfitLoss`	$325.53M	USD	1 Quarter
Depreciation and amortization, including debt cost	`DepreciationAmortizationAndAccretionNet`	$78.09M	USD	2 Qtrs
Depreciation and amortization, including debt cost	`DepreciationAmortizationAndAccretionNet`	$88.48M	USD	2 Qtrs
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$3.70M	USD	2 Qtrs
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$2.13M	USD	2 Qtrs
Equity in (earnings) losses of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-4.03M	USD	2 Qtrs
Equity in (earnings) losses of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$5.40M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$17.68M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$20.32M	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$971.00K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$748.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.31M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$186.56M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$169.51M	USD	2 Qtrs
Vehicle pooling costs	`IncreaseDecreaseInVehiclePoolingCosts`	$14.39M	USD	2 Qtrs
Vehicle pooling costs	`IncreaseDecreaseInVehiclePoolingCosts`	$21.27M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-8.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.99M	USD	2 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$29.18M	USD	2 Qtrs
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$35.04M	USD	2 Qtrs
Operating lease right-of-use assets and lease liabilities	`IncreaseDecreaseInOtherOperatingAssets`	$-414.00K	USD	2 Qtrs
Operating lease right-of-use assets and lease liabilities	`IncreaseDecreaseInOtherOperatingAssets`	$-865.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.56M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$27.62M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-13.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$3.71M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-49.43M	USD	2 Qtrs
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$10.46M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.58M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$537.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$499.83M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$256.72M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$285.29M	USD	2 Qtrs
Cash acquired in connection with acquisition	`CashAcquiredFromAcquisition`	$17.66M	USD	2 Qtrs
Cash acquired in connection with acquisition	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.07M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$16.34M	USD	2 Qtrs
Investment in held to maturity securities	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	2 Qtrs
Investment in held to maturity securities	`PaymentsToAcquireHeldToMaturitySecurities`	$1.41B	USD	2 Qtrs
Proceeds from the sale of held to maturity securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	$1.43B	USD	2 Qtrs
Proceeds from the sale of held to maturity securities	`ProceedsFromSaleOfHeldToMaturitySecurities`	-	USD	2 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.00M	USD	2 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.99M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-242.37M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-247.68M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$13.48M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$10.81M	USD	2 Qtrs
Proceeds from the issuance of Employee Stock Purchase Plan shares	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.36M	USD	2 Qtrs
Proceeds from the issuance of Employee Stock Purchase Plan shares	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.96M	USD	2 Qtrs
Payments for employee stock-based tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$831.00K	USD	2 Qtrs
Payments for employee stock-based tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.16M	USD	2 Qtrs
Principal payments on revolver facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Principal payments on revolver facility	`RepaymentsOfLinesOfCredit`	$10.82M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$11.00K	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$13.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.33M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.45M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.92M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.75M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$276.72M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$299.55M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.66B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	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`	$1.66B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	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`	$2.04M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$706.00K	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$98.32M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$188.48M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Outstanding shares, beginning balance (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Outstanding shares, beginning balance (in shares)	`CommonStockSharesOutstanding`	961.31M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time
Net income/(loss)	`ProfitLoss`	$539.52M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$245.85M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$293.68M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$658.06M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$325.53M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$32.08M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.86M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.57M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$42.43M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.27M	USD	2 Qtrs
Exercise of stock options, net of repurchased shares (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.16M	shares	2 Qtrs
Exercise of stock options, net of repurchased shares	`StockIssuedDuringPeriodValueStockOptionsExercised`	$766.00K	USD	1 Quarter
Exercise of stock options, net of repurchased shares	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.22M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.13M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.19M	USD	1 Quarter
Shares issued for Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.36M	USD	1 Quarter
Outstanding shares, ending balance (in shares)	`CommonStockSharesOutstanding`	957.34M	shares	Point-in-time
Outstanding shares, ending balance (in shares)	`CommonStockSharesOutstanding`	961.31M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.85B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.63B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.79B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.99B	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$539.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$245.85M	USD	1 Quarter
Net income	`ProfitLoss`	$293.68M	USD	1 Quarter
Net income	`ProfitLoss`	$658.06M	USD	2 Qtrs
Net income	`ProfitLoss`	$325.53M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$32.08M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.86M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.57M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$42.43M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.27M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$357.61M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$336.11M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$653.79M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$552.38M	USD	2 Qtrs
Less: Comprehensive income/(loss) attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-103.00K	USD	2 Qtrs
Less: Comprehensive income/(loss) attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Comprehensive income/(loss) attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income/(loss) attributable to redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-108.00K	USD	1 Quarter
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$336.11M	USD	1 Quarter
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$357.71M	USD	1 Quarter
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$653.89M	USD	2 Qtrs
Comprehensive income attributable to Copart, Inc.	`ComprehensiveIncomeNetOfTax`	$552.38M	USD	2 Qtrs

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