v3.24.1.u1
Segment Reporting (Tables)
12 Months Ended
Feb. 29, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Year Ended February 29, 2024
(In thousands)CarMax Sales OperationsOtherEliminationsTotal
Sales and operating revenues$26,400,256 $135,784 $— $26,536,040 
Intersegment sales and operating revenues— 34,779 (34,779)— 
Total sales and operating revenues$26,400,256 $170,563 $(34,779)$26,536,040 
Depreciation and amortization (1)
$1,614 $19,678 $— $21,292 
Gross profit $2,615,286 $102,544 $(4,621)$2,713,209 
Reconciliation to Consolidated Earnings Before Taxes:
CAF Income568,271 
Selling, general and administrative expenses(2,286,378)
Depreciation and amortization (2)
(239,028)
Interest expense(124,750)
Other income (expense)10,271 
Earnings before income taxes$641,595 


Year Ended February 28, 2023
(In thousands)CarMax Sales OperationsOtherEliminationsTotal
Sales and operating revenues$29,551,617 $133,256 $— $29,684,873 
Intersegment sales and operating revenues— 28,038 (28,038)— 
Total sales and operating revenues$29,551,617 $161,294 $(28,038)$29,684,873 
Depreciation and amortization (1)
$1,499 $14,263 $— $15,762 
Gross profit$2,704,398 $101,138 $(5,333)$2,800,203 
Reconciliation to Consolidated Earnings Before Taxes:
CAF Income663,404 
Selling, general and administrative expenses(2,487,357)
Depreciation and amortization (2)
(228,449)
Interest expense(120,398)
Other income (expense)9,401 
Earnings before income taxes$636,804 

(1)    Represents only the portion of depreciation and amortization recorded within Cost of sales, and thus included in the calculation of Gross profit.
(2)    Exclusive of depreciation and amortization recorded within Cost of sales.