|
CarMax Auto Finance Income (Components Of CarMax Auto Finance Income) (Details) (USD $)
|
3 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Nov. 30, 2011
|
Nov. 30, 2010
|
Nov. 30, 2011
|
Nov. 30, 2010
|
|||||||
| Auto Finance Income [Line Items] | ||||||||||
| Provision for loan losses | $ 24,900,000 | |||||||||
| CarMax Auto Finance income | 62,625,000 | 55,745,000 | 196,112,000 | 165,844,000 | ||||||
|
Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Interest and fee income | 114,300,000 | 106,800,000 | 334,000,000 | 314,100,000 | ||||||
| Interest expense | (25,600,000) | (33,000,000) | (80,300,000) | (103,400,000) | ||||||
| Total interest margin | 88,700,000 | 73,800,000 | 253,700,000 | 210,700,000 | ||||||
| Provision for loan losses | (15,100,000) | (8,600,000) | (24,900,000) | (18,500,000) | ||||||
| Total interest margin after provision for loan losses | 73,600,000 | 65,200,000 | 228,800,000 | 192,200,000 | ||||||
| Servicing fee income | 0 | 0 | 0 | 900,000 | ||||||
| Interest income on retained interest in securitized receivables | 0 | 0 | 0 | 1,600,000 | ||||||
| Other gain | 300,000 | 1,800,000 | 1,400,000 | 4,300,000 | ||||||
| Total other income | 300,000 | 1,800,000 | 1,400,000 | 6,800,000 | ||||||
| Payroll and fringe benefit expense | (5,100,000) | (5,100,000) | (15,500,000) | (15,400,000) | ||||||
| Other direct expenses | (6,200,000) | (6,200,000) | (18,600,000) | (17,800,000) | ||||||
| Total direct expenses | (11,300,000) | (11,300,000) | (34,100,000) | (33,200,000) | ||||||
| CarMax Auto Finance income | 62,600,000 | 55,700,000 | 196,100,000 | 165,800,000 | ||||||
| Total average managed receivables, principal only | $ 4,770,900,000 | $ 4,285,300,000 | $ 4,585,100,000 | $ 4,204,600,000 | ||||||
|
Interest And Fee Income [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 9.60% | [1] | 10.00% | [1] | 9.70% | [1] | 10.00% | [1] | ||
|
Interest Expense [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | (2.20%) | [1] | (3.10%) | [1] | (2.30%) | [1] | (3.30%) | [1] | ||
|
Total Interest Margin [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 7.40% | [1] | 6.90% | [1] | 7.40% | [1] | 6.70% | [1] | ||
|
Provision For Loan Losses [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | (1.30%) | [1] | (0.80%) | [1] | (0.70%) | [1] | (0.60%) | [1] | ||
|
Total Interest Margin After Provision For Loan Losses [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 6.20% | [1] | 6.10% | [1] | 6.70% | [1] | 6.10% | [1] | ||
|
Servicing Fee Income [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 0.00% | [1] | 0.00% | [1] | 0.00% | [1] | 0.00% | [1] | ||
|
Interest Income On Retained Interest In Securitized Receivables [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 0.00% | [1] | 0.00% | [1] | 0.00% | [1] | 0.10% | [1] | ||
|
Other Gain (Loss) [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 0.00% | [1] | 0.20% | [1] | 0.00% | [1] | 0.10% | [1] | ||
|
Total Other Income (Loss) [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 0.00% | [1] | 0.20% | [1] | 0.00% | [1] | 0.20% | [1] | ||
|
Payroll And Fringe Benefit Expense [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | (0.40%) | [1] | (0.50%) | [1] | (0.50%) | [1] | (0.50%) | [1] | ||
|
Other Direct Expenses [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | (0.50%) | [1] | (0.60%) | [1] | (0.50%) | [1] | (0.60%) | [1] | ||
|
Total Direct Expenses [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | (0.90%) | [1] | (1.10%) | [1] | (1.00%) | [1] | (1.10%) | [1] | ||
|
CarMax Auto Finance Income [Member] | Net Income Loss From Financing [Member]
|
||||||||||
| Auto Finance Income [Line Items] | ||||||||||
| Item as percent of total average managed receivables, principal only | 5.30% | [1] | 5.20% | [1] | 5.70% | [1] | 5.30% | [1] | ||
|
||||||||||