Copart, Inc. (NASDAQ:CPRT) reported the results for its fourth quarter and fiscal year ended July 31, 2009.

For the three months ended July 31, 2009, revenue, operating income and income from continuing operations were $184.3 million, $55.4 million and $34.6 million, respectively. These represent decreases in revenue of $22.0 million, or 10.6%; in operating income of $10.0 million, or 15.3%; and in income from continuing operations of $6.2 million, or 15.2%, respectively, from the same quarter last year. Fully diluted earnings per share from continuing operations for the three months ended July 31, 2009 were $0.41 compared to $0.47 last year, a decrease of 12.8%.

For the twelve months ended July 31, 2009, revenue, operating income and income from continuing operations were $743.1 million, $225.3 million and $139.5 million, respectively. These represent decreases in revenue of $41.8 million, or 5.3%; in operating income of $12.6 million, or 5.3%; and in income from continuing operations of $17.4 million, or 11.1%, respectively, from the same period last year. Fully diluted earnings per share from continuing operations for the twelve months ended July 31, 2009 were $1.64 compared to $1.75 last year, a decrease of 6.3%.

The change in the average GBP to USD exchange rate, which averaged 1.60 USD to 1.00 GBP this quarter and 1.97 USD to 1.00 GBP in the same quarter last year and which averaged 1.59 USD to 1.0 GBP in fiscal 2009 and 2.00 USD to 1.00 GBP in fiscal 2008, reduced recorded revenue by approximately $8.9 million and $39.2 million for the quarter and for the fiscal year, respectively.