XML 82 R34.htm IDEA: XBRL DOCUMENT
v3.24.3

Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Aug. 31, 2024
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Changes In Accumulated Other Comprehensive Loss By Component | Changes in Accumulated Other Comprehensive Income By Component
|  |  |  |  | Total
| Net |  | Net |  | Accumulated
| Unrecognized |  | Unrecognized |  | Other
| Actuarial |  | Hedge |  | Comprehensive
(In thousands, net of income taxes) | Losses |  | Gains |  | Income
Balance as of February 29, 2024 | $ | (37,116) |  |  | $ | 96,395 |  |  | $ | 59,279 |
Other comprehensive loss before reclassifications | — |  |  | (28,828) |  |  | (28,828) |
Amounts reclassified from accumulated other comprehensive income | 169 |  |  | (21,563) |  |  | (21,394) |
Other comprehensive income (loss) | 169 |  |  | (50,391) |  |  | (50,222) |
Balance as of August 31, 2024 | $ | (36,947) |  |  | $ | 46,004 |  |  | $ | 9,057 |
Changes In And Reclassifications Out Of Accumulated Other Comprehensive Loss | Changes In and Reclassifications Out of Accumulated Other Comprehensive Income
| Three Months Ended August 31 |  | Six Months Ended August 31
(In thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Retirement Benefit Plans: |  |  |  |  |  |  |
Actuarial loss amortization reclassifications recognized in net pension expense: |  |  |  |  |  |  |
Cost of sales | $ | 49 |  |  | $ | 58 |  |  | $ | 99 |  |  | $ | 116 |
CarMax Auto Finance income | 3 |  |  | 3 |  |  | 7 |  |  | 7 |
Selling, general and administrative expenses | 58 |  |  | 68 |  |  | 115 |  |  | 135 |
Total amortization reclassifications recognized in net pension expense | 110 |  |  | 129 |  |  | 221 |  |  | 258 |
Tax expense | (25) |  |  | (31) |  |  | (52) |  |  | (62) |
Amortization reclassifications recognized in net pension expense, net of tax | 85 |  |  | 98 |  |  | 169 |  |  | 196 |
Net change in retirement benefit plan unrecognized actuarial losses, net of tax | 85 |  |  | 98 |  |  | 169 |  |  | 196 |
Cash Flow Hedges (Note 5): |  |  |  |  |  |  |
Changes in fair value | (55,748) |  |  | 35,002 |  |  | (38,239) |  |  | (1,005) |
Tax benefit (expense) | 13,639 |  |  | (8,535) |  |  | 9,411 |  |  | 336 |
Changes in fair value, net of tax | (42,109) |  |  | 26,467 |  |  | (28,828) |  |  | (669) |
Reclassifications to CarMax Auto Finance income | (14,010) |  |  | (12,295) |  |  | (28,508) |  |  | (24,859) |
Tax benefit | 3,413 |  |  | 2,997 |  |  | 6,945 |  |  | 6,060 |
Reclassification of hedge gains, net of tax | (10,597) |  |  | (9,298) |  |  | (21,563) |  |  | (18,799) |
Net change in cash flow hedge unrecognized gains, net of tax | (52,706) |  |  | 17,169 |  |  | (50,391) |  |  | (19,468) |
Total other comprehensive (loss) income, net of tax | $ | (52,621) |  |  | $ | 17,267 |  |  | $ | (50,222) |  |  | $ | (19,272) |

X
- References No definition available. + Details
Name: | us-gaap_ComprehensiveIncomeNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration