Summary
This filing is an amendment to Copart Inc.'s (CPRT) 2009 10-K, specifically addressing corrections to Item 12, Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. The amendment clarifies the number of shares beneficially owned by director Thomas W. Smith and the total shares owned by all directors and officers as a group. It does not amend or update any other information from the original filing, which was filed on September 29, 2009. Investors should note that this is a technical amendment and does not provide new operational or financial performance data, but rather refines ownership disclosures for key personnel and entities as of October 5, 2009.
Financial Highlights
32 data pointsBeta
Financial Statements
Beta
| Revenue | $743.08M |
| Cost of Revenue | $106.03M |
| Gross Profit | $637.05M |
| Operating Expenses | $517.76M |
| Operating Income | $225.32M |
| Interest Expense | $274K |
| Net Income | $141.10M |
| EPS (Basic) | $0.11 |
| EPS (Diluted) | $0.10 |
| Shares Outstanding (Basic) | 1.34B |
| Shares Outstanding (Diluted) | 1.36B |
Key Highlights
- 1Amendment corrects beneficial ownership figures for director Thomas W. Smith.
- 2Total beneficial ownership for directors and officers as a group has been revised.
- 3Baron Capital Group, Inc. is identified as a significant beneficial owner with 5.4% of common stock.
- 4CEO Willis J. Johnson is the largest individual beneficial owner, holding 11.4% of common stock.
- 5The filing provides detailed breakdowns of beneficial ownership for various officers and directors, including shares held directly, through trusts, and via options.
- 6Ownership figures are based on data as of October 5, 2009, and shares outstanding as of July 31, 2009.
- 7This filing is solely an amendment to ownership disclosures and does not reflect subsequent events or performance.
Frequently Asked Questions
This filing is an amendment to Copart Inc.'s 2009 10-K. Its sole purpose is to correct specific details within Item 12 concerning the beneficial ownership of common stock by certain shareholders, including director Thomas W. Smith and the aggregate ownership of directors and officers.
No, this amendment exclusively addresses ownership disclosures. It does not update or revise any financial statements, operational data, or management discussion and analysis from the original 10-K filing.
As of the filing date, Baron Capital Group, Inc. is listed as a significant beneficial owner with 5.4% of the outstanding common stock. CEO Willis J. Johnson is the largest individual beneficial owner, holding 11.4%.
According to this amendment, all executive officers and directors as a group beneficially own 18.7% of the company's outstanding common stock.