|
Consolidated Statements Of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Aug. 31, 2013
|
Aug. 31, 2012
|
Aug. 31, 2013
|
Aug. 31, 2012
|
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| SALES AND OPERATING REVENUES: | ||||||||||
| NET SALES AND OPERATING REVENUES | $ 3,245,552 | $ 2,758,004 | $ 6,556,609 | $ 5,532,424 | ||||||
| Cost of sales | 2,810,809 | 2,390,011 | 5,673,770 | 4,782,516 | ||||||
| GROSS PROFIT | 434,743 | 367,993 | 882,839 | 749,908 | ||||||
| CARMAX AUTO FINANCE INCOME | 84,422 | 75,676 | 171,441 | 150,855 | ||||||
| Selling, general and administrative expenses | 283,206 | 254,674 | 573,395 | 508,277 | ||||||
| Interest expense | 7,761 | 8,152 | 15,639 | 16,295 | ||||||
| Other (loss) income | (1,073) | 259 | (832) | 544 | ||||||
| Earnings before income taxes | 227,125 | 181,102 | 464,414 | 376,735 | ||||||
| Income tax provision | 86,851 | 69,466 | 177,489 | 144,353 | ||||||
| NET EARNINGS | 140,274 | 111,636 | 286,925 | 232,382 | ||||||
| WEIGHTED AVERAGE COMMON SHARES: | ||||||||||
| Basic | 223,610 | 228,366 | 224,114 | 228,069 | ||||||
| Diluted | 227,634 | 231,696 | 228,093 | 231,749 | ||||||
| NET EARNINGS PER SHARE: | ||||||||||
| Basic | $ 0.63 | $ 0.49 | $ 1.28 | $ 1.02 | ||||||
| Diluted | $ 0.62 | $ 0.48 | $ 1.26 | $ 1.00 | ||||||
|
Used Vehicle Sales [Member]
|
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| SALES AND OPERATING REVENUES: | ||||||||||
| NET SALES AND OPERATING REVENUES | 2,639,523 | 2,191,964 | 5,341,278 | 4,380,871 | ||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 81.30% | [1] | 79.50% | [1] | 81.50% | [1] | 79.20% | [1] | ||
|
New Vehicle Sales [Member]
|
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| SALES AND OPERATING REVENUES: | ||||||||||
| NET SALES AND OPERATING REVENUES | 60,002 | 61,393 | 112,429 | 116,850 | ||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 1.80% | [1] | 2.20% | [1] | 1.70% | [1] | 2.10% | [1] | ||
|
Wholesale Vehicle Sales [Member]
|
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| SALES AND OPERATING REVENUES: | ||||||||||
| NET SALES AND OPERATING REVENUES | 474,907 | 437,050 | 965,566 | 904,845 | ||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 14.60% | [1] | 15.80% | [1] | 14.70% | [1] | 16.40% | [1] | ||
|
Other Sales And Revenues [Member]
|
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| SALES AND OPERATING REVENUES: | ||||||||||
| NET SALES AND OPERATING REVENUES | $ 71,120 | $ 67,597 | $ 137,336 | $ 129,858 | ||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 2.20% | [1] | 2.50% | [1] | 2.10% | [1] | 2.30% | [1] | ||
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Net Sales And Operating Revenues [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 100.00% | [1] | 100.00% | [1] | 100.00% | [1] | 100.00% | [1] | ||
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Cost Of Sales [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 86.60% | [1] | 86.70% | [1] | 86.50% | [1] | 86.40% | [1] | ||
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Gross Profit [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 13.40% | [1] | 13.30% | [1] | 13.50% | [1] | 13.60% | [1] | ||
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Net Income Loss From Financing [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 2.60% | [1] | 2.70% | [1] | 2.60% | [1] | 2.70% | [1] | ||
|
Selling, General And Administrative Expenses [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 8.70% | [1] | 9.20% | [1] | 8.70% | [1] | 9.20% | [1] | ||
|
Interest Expense [Member]
|
||||||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 0.20% | [1] | 0.30% | [1] | 0.20% | [1] | 0.30% | [1] | ||
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Other Income Loss [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 0.00% | [1] | 0.00% | [1] | 0.00% | [1] | 0.00% | [1] | ||
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Earnings Before Income Taxes [Member]
|
||||||||||
| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 7.00% | [1] | 6.60% | [1] | 7.10% | [1] | 6.80% | [1] | ||
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Income Tax Provision [Member]
|
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 2.70% | [1] | 2.50% | [1] | 2.70% | [1] | 2.60% | [1] | ||
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Net Earnings [Member]
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| Percentage of Sales | ||||||||||
| Item as a percent of net sales and operating revenues | 4.30% | [1] | 4.00% | [1] | 4.40% | [1] | 4.20% | [1] | ||
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