Accumulated Other Comprehensive Loss (Tables)

Changes in Accumulated Other Comprehensive Income (Loss) By Component


					Total
	Net		Net		Accumulated
	Unrecognized		Unrecognized		Other
	Actuarial		Hedge Gains		Comprehensive
(In thousands, net of income taxes)	Losses		(Losses)		Income (Loss)
Balance as of February 28, 2021	$	(92,662)	$	(26,029)	$	(118,691)
Other comprehensive income before reclassifications	17,034		40,211		57,245
Amounts reclassified from accumulated other
comprehensive income (loss)	2,627		12,397		15,024
Other comprehensive income	19,661		52,608		72,269
Balance as of February 28, 2022	(73,001)		26,579		(46,422)
Other comprehensive income before reclassifications	26,477		136,192		162,669
Amounts reclassified from accumulated other
comprehensive income (loss)	1,934		(20,312)		(18,378)
Other comprehensive income	28,411		115,880		144,291
Balance as of February 28, 2023	(44,590)		142,459		97,869
Other comprehensive income (loss) before reclassifications	7,081		(6,943)		143
Amounts reclassified from accumulated other
comprehensive income (loss)	393		(39,121)		(38,733)
Other comprehensive income (loss)	7,474		(46,064)		(38,590)
Balance as of February 29, 2024	$	(37,116)	$	96,395	$	59,279

Changes In and Reclassifications Out of Accumulated Other Comprehensive Income (Loss)


	Years Ended February 29 or 28
(In thousands)	2024		2023		2022
Retirement Benefit Plans (Note 11):
Actuarial gain arising during the year	$	9,289	$	34,836	$	22,517
Tax expense	(2,208)		(8,359)		(5,483)
Actuarial gain arising during the year, net of tax	7,081		26,477		17,034
Actuarial loss amortization reclassifications recognized in net pension expense:
Cost of sales	231		1,084		1,451
CarMax Auto Finance income	15		70		84
Selling, general and administrative expenses	270		1,391		1,938
Total amortization reclassifications recognized in net pension expense	516		2,545		3,473
Tax expense	(123)		(611)		(846)
Amortization reclassifications recognized in net
pension expense, net of tax	393		1,934		2,627
Net change in retirement benefit plan unrecognized
actuarial losses, net of tax	7,474		28,411		19,661

Cash Flow Hedges (Note 5):
Changes in fair value	(9,291)		180,510		54,105
Tax benefit (expense)	2,348		(44,318)		(13,894)
Changes in fair value, net of tax	(6,943)		136,192		40,211
Reclassifications to CarMax Auto Finance income	(52,354)		(26,859)		16,680
Tax benefit (expense)	13,233		6,547		(4,283)
Reclassification of hedge (gains) losses, net of tax	(39,121)		(20,312)		12,397
Net change in cash flow hedge unrecognized gains, net of tax	(46,064)		115,880		52,608
Total other comprehensive (loss) income, net of tax	$	(38,590)	$	144,291	$	72,269