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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Revenue, Net [Abstract]        
Used vehicle sales $ 3,694,200 $ 3,300,814 $ 7,537,573 $ 6,729,788
Wholesale vehicle sales 547,767 560,402 1,101,157 1,128,143
Other sales and revenues 144,673 136,032 290,244 265,703
NET SALES AND OPERATING REVENUES 4,386,640 3,997,248 8,928,974 8,123,634
Cost of sales 3,782,635 3,451,886 7,676,031 7,005,635
GROSS PROFIT 604,005 545,362 1,252,943 1,117,999
CARMAX AUTO FINANCE INCOME 107,936 95,969 217,299 196,727
Selling, general and administrative expenses 405,062 366,126 808,565 746,356
Interest expense 16,836 13,904 33,674 24,992
Other (income) expense (189) (435) (282) (1,051)
Earnings before income taxes 290,232 261,736 628,285 544,429
Income tax provision 108,808 99,374 235,159 206,707
NET EARNINGS $ 181,424 $ 162,362 $ 393,126 $ 337,722
WEIGHTED AVERAGE COMMON SHARES:        
Basic, shares 182,868 191,539 184,034 192,534
Diluted, shares 184,696 193,623 185,778 194,437
NET EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.99 $ 0.85 $ 2.14 $ 1.75
Diluted (in dollars per share) $ 0.98 $ 0.84 $ 2.12 $ 1.74
Used vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 84.20% 82.60% 84.40% 82.80%
Wholesale vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 12.50% 14.00% 12.30% 13.90%
Other sales and revenues, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 3.30% 3.40% 3.30% 3.30%
NET SALES AND OPERATING REVENUES, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 100.00% 100.00% 100.00% 100.00%
Cost of sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 86.20% 86.40% 86.00% 86.20%
GROSS PROFIT, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 13.80% 13.60% 14.00% 13.80%
CARMAX AUTO FINANCE INCOME, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.50% 2.40% 2.40% 2.40%
Selling, general and administrative expenses, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 9.20% 9.20% 9.10% 9.20%
Interest expense, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.40% 0.30% 0.40% 0.30%
Other (income) expense, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.00% 0.00% 0.00% 0.00%
Earnings before income taxes, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 6.60% 6.50% 7.00% 6.70%
Income tax provision, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.50% 2.50% 2.60% 2.50%
NET EARNINGS, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 4.10% 4.10% 4.40% 4.20%