COPART INC
For the period ended Apr 30, 2024. Filed May 23, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed May 23, 2024
CPRT$32.30-0.5%Stored close · as of Nov 10, 2026
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Item 1. - Financial Statements (Unaudited)
Consolidated Balance Sheets
| (In thousands, except share amounts) | April 30, 2024 | July 31, 2023 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents, and restricted cash | $1,089,995 | $957,395 |
| Investment in held to maturity securities | 2,000,334 | 1,406,589 |
| Accounts receivable, net | 822,650 | 702,038 |
| Vehicle pooling costs | 125,001 | 123,725 |
| Inventories | 46,764 | 39,973 |
| Income taxes receivable | 23,402 | 6,574 |
| Prepaid expenses and other assets | 40,983 | 26,310 |
| Total current assets | 4,149,129 | 3,262,604 |
| Property and equipment, net | 3,073,090 | 2,844,339 |
| Operating lease right-of-use assets | 108,859 | 108,139 |
| Intangibles, net | 76,786 | 62,702 |
| Goodwill | 511,372 | 394,289 |
| Other assets | 91,396 | 65,806 |
| Total assets | $8,010,632 | $6,737,879 |
| LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $506,795 | $440,810 |
| Deferred revenue | 28,761 | 26,117 |
| Income taxes payable | 7,388 | 4,374 |
| Current portion of operating and finance lease liabilities | 20,475 | 21,468 |
| Total current liabilities | 563,419 | 492,769 |
| Deferred income taxes | 92,014 | 89,492 |
| Income taxes payable | 67,455 | 69,193 |
| Operating and finance lease liabilities, net of current portion | 91,131 | 88,082 |
| Long-term debt and other liabilities | 427 | 10,903 |
| Total liabilities | 814,446 | 750,439 |
| Commitments and contingencies | ||
| Redeemable non-controlling interest | 24,933 | — |
| Stockholders’ equity: | ||
| Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued | — | — |
| Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 962,268,657 and 957,344,162 shares issued and outstanding, respectively. | 96 | 96 |
| Additional paid-in capital | 1,102,684 | 938,910 |
| Accumulated other comprehensive loss | (156,807) | (141,006) |
| Retained earnings | 6,225,280 | 5,189,440 |
| Total stockholders’ equity | 7,171,253 | 5,987,440 |
| Total liabilities, redeemable noncontrolling interests and stockholders’ equity | $8,010,632 | $6,737,879 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.