Copartreason 02 of 4it owns a thing that cannot be built or permitted twicederived 2026-09-09accession 0001193125-26-245578
Opening new facilities is contingent upon locating property with appropriate zoning, size, shape, topography, and proximity to major roads
In fiscal 2023-2025, Copart opened 21 new operational facilities across the U.S., U.K., Canada, Germany, Spain, and Brazil
Facility operations depreciation increased due to new and expanded facilities placed into service in the U.S. and International
Failure to have sufficient capacity could adversely affect relationships with insurance companies or other sellers
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedsix sentences · whole, uncut
the claims it rests on
“Opening new facilities is contingent upon locating property with appropriate zoning, size, shape, topography, and proximity to major roads”
“In fiscal 2023-2025, Copart opened 21 new operational facilities across the U.S., U.K., Canada, Germany, Spain, and Brazil”
“Facility operations depreciation increased due to new and expanded facilities placed into service in the U.S. and International”
“Failure to have sufficient capacity could adversely affect relationships with insurance companies or other sellers”
what it was checked against
depreciation from new facilities
“The increase in facility operations depreciation and amortization expenses during the three months ended April 30, 2026 as compared to the same period last year resulted primarily from depreciating new and expanded facilities placed into service in the U.S. and International.”
nine-month facility depreciation increase
“The increase in facility operations depreciation and amortization expenses during the nine months ended April 30, 2026 as compared to the same period last year resulted primarily from depreciating new and expanded facilities placed into service in the U.S. and International.”