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Accumulated Other Comprehensive Income (Loss) | 9 Months Ended
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Nov. 30, 2025
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive (Loss) Income Changes in Accumulated Other Comprehensive (Loss) Income By Component
|  |  |  |  | Total
| Net |  | Net |  | Accumulated
| Unrecognized |  | Unrecognized |  | Other
| Actuarial |  | Hedge |  | Comprehensive
(In thousands, net of income taxes) | Losses |  | Gains |  | (Loss) Income
Balance as of February 28, 2025 | $ | (36,008) |  |  | $ | 39,088 |  |  | $ | 3,080 |
Other comprehensive loss before reclassifications | — |  |  | (10,095) |  |  | (10,095) |
Amounts reclassified from accumulated other comprehensive (loss) income | 227 |  |  | (20,492) |  |  | (20,265) |
Other comprehensive income (loss) | 227 |  |  | (30,587) |  |  | (30,360) |
Balance as of November 30, 2025 | $ | (35,781) |  |  | $ | 8,501 |  |  | $ | (27,280) |
Changes In and Reclassifications Out of Accumulated Other Comprehensive (Loss) Income
| Three Months Ended November 30 |  | Nine Months Ended November 30
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Retirement Benefit Plans: |  |  |  |  |  |  |
Actuarial loss amortization reclassifications recognized in net pension expense: |  |  |  |  |  |  |
Cost of sales | $ | 42 |  |  | $ | 48 |  |  | $ | 129 |  |  | $ | 147 |
CarMax Auto Finance income | 3 |  |  | 4 |  |  | 10 |  |  | 11 |
Selling, general and administrative expenses | 54 |  |  | 59 |  |  | 159 |  |  | 174 |
Total amortization reclassifications recognized in net pension expense | 99 |  |  | 111 |  |  | 298 |  |  | 332 |
Tax expense | (24) |  |  | (27) |  |  | (71) |  |  | (79) |
Amortization reclassifications recognized in net pension expense, net of tax | 75 |  |  | 84 |  |  | 227 |  |  | 253 |
Net change in retirement benefit plan unrecognized actuarial losses, net of tax | 75 |  |  | 84 |  |  | 227 |  |  | 253 |
Cash Flow Hedges (Note 5): |  |  |  |  |  |  |
Changes in fair value | (621) |  |  | 19,812 |  |  | (13,332) |  |  | (18,427) |
Tax benefit (expense) | 151 |  |  | (4,780) |  |  | 3,237 |  |  | 4,631 |
Changes in fair value, net of tax | (470) |  |  | 15,032 |  |  | (10,095) |  |  | (13,796) |
Reclassifications to CarMax Auto Finance income | (7,368) |  |  | (12,357) |  |  | (27,063) |  |  | (40,865) |
Tax benefit | 1,789 |  |  | 3,011 |  |  | 6,571 |  |  | 9,956 |
Reclassification of hedge gains, net of tax | (5,579) |  |  | (9,346) |  |  | (20,492) |  |  | (30,909) |
Net change in cash flow hedge unrecognized gains, net of tax | (6,049) |  |  | 5,686 |  |  | (30,587) |  |  | (44,705) |
Total other comprehensive (loss) income, net of tax | $ | (5,974) |  |  | $ | 5,770 |  |  | $ | (30,360) |  |  | $ | (44,452) |
Changes in the funded status of our retirement plans and changes in the fair value of derivatives that are designated and qualify as cash flow hedges are recognized in accumulated other comprehensive (loss) income. The cumulative balances are net of deferred taxes of $8.2 million as of November 30, 2025 and $1.5 million as of February 28, 2025.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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