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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)

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- References

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- 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

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- 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

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