
	Three Months Ended August 31								Six Months Ended August 31
(In millions)	2013			% ⁽¹⁾	2012			% ⁽¹⁾	2013		% ⁽¹⁾	2012			% ⁽¹⁾
Interest margin:
Interest and fee income		$	137.2	8.4		$	123.5	9.4	$	270.7	8.5		$	243.8	9.4
Interest expense			(22.6)	(1.4)			(23.9)	(1.8)		(45.4)	(1.4)			(49.0)	(1.9)
Total interest margin			114.6	7.0			99.6	7.6		225.3	7.1			194.8	7.5
Provision for loan losses			(18.0)	(1.1)			(12.9)	(1.0)		(29.3)	(0.9)			(22.1)	(0.9)
Total interest margin after
provision for loan losses			96.6	5.9			86.7	6.6		196.0	6.2			172.7	6.7

Other income (loss)			0.1	―			(0.2)	―		0.1	―			(0.2)	―

Direct expenses:
Payroll and fringe benefit expense			(5.6)	(0.3)			(5.4)	(0.4)		(11.1)	(0.4)			(10.7)	(0.4)
Other direct expenses			(6.7)	(0.4)			(5.4)	(0.4)		(13.6)	(0.4)			(10.9)	(0.4)

Total direct expenses			(12.3)	(0.7)			(10.8)	(0.8)		(24.7)	(0.8)			(21.6)	(0.8)
CarMax Auto Finance income		$	84.4	5.2		$	75.7	5.8	$	171.4	5.4		$	150.9	5.8

Total average managed receivables		$	6,516.3			$	5,245.4		$	6,334.4			$	5,160.3

⁽¹⁾Annualized percent of total average managed receivables.