Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following selected consolidated financial data should be read in conjunction with our “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7. of this Form 10-K, and “Financial Statements and Supplementary Data” in Part II, Item 8 of this Form 10-K. Our historical results of operations are not necessarily indicative of results of operations to be expected for any future period.



	Fiscal Year Ended July 31,
	2018		2017		2016		2015		2014
(In thousands, except per share)
Operating Data
Revenues	$	1,805,695	$	1,447,981	$	1,268,449	$	1,146,079	$	1,163,489
Operating income	584,345		461,299		406,470		344,401		274,934
Income before income taxes	562,511		440,100		395,865		332,069		270,035
Income taxes	144,504		45,839		125,505		112,286		91,348
Net income	$	418,007	$	394,261	$	270,360	$	219,783	$	178,687
Basic net income per common share	$	1.80	$	1.72	$	1.18	$	0.87	$	0.71
Weighted average common shares outstanding	231,793		228,686		228,846		251,829		251,387
Diluted net income per common share	$	1.73	$	1.66	$	1.11	$	0.84	$	0.68
Diluted weighted average common shares outstanding	241,877		237,019		244,295		262,851		262,459

Balance Sheet Data
Cash and cash equivalents	$	274,520	$	210,100	$	155,849	$	456,012	$	158,668
Working capital	431,860		285,108		220,523		521,456		168,007
Total assets	2,307,698		1,982,501		1,649,820		1,798,660		1,506,121
Total debt	399,898		633,038		640,492		644,514		302,218
Stockholders’ equity	1,581,099		1,098,600		774,456		964,464		1,003,499

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