Copart, Inc. on Sept. 16, 2003 reported results for the fourth quarter and fiscal year ended July 31, 2003.

Copart earned net income of $13,336,800 in the fourth quarter of fiscal 2003 on revenues of $87,216,100. This quarter's net income is 14% lower than the $15,535,000 earned in the same period of fiscal 2002 on revenues of $82,632,600. Fully diluted earnings per share (EPS) for the quarter was $.15 compared to $.17 last year, a decrease of 12%.

For fiscal 2003, Copart earned net income of $57,222,200, or $.62 per diluted share, on revenues of $347,423,100. Copart reported net income of $57,389,200, or $.63 per diluted share, on revenues of $316,455,800 for fiscal 2002.