Accumulated Other Comprehensive Income (Loss) (Tables)

Changes in Accumulated Other Comprehensive Loss By Component


					Net		Total
	Net		Net		Unrecognized		Accumulated
	Unrecognized		Unrecognized		Beneficial		Other
	Actuarial		Hedge		Interests		Comprehensive
(In thousands, net of income taxes)	Losses		Gains		Gains		Loss
Balance as of February 28, 2026	$	(38,524)	$	4,345	$	53	$	(34,126)
Other comprehensive income before reclassifications	—		35,465		—		35,465
Amounts reclassified from accumulated other comprehensive loss	269		(7,291)		—		(7,022)
Other comprehensive income	269		28,174		—		28,443
Balance as of August 31, 2026	$	(38,255)	$	32,519	$	53	$	(5,683)

Changes In and Reclassifications Out of Accumulated Other Comprehensive Loss


	Three Months Ended August 31				Six Months Ended August 31
(In thousands)	2026		2025		2026		2025
Retirement Benefit Plans:
Actuarial loss amortization reclassifications recognized in net pension expense:
Cost of sales	$	80	$	43	$	162	$	87
CarMax Auto Finance income	6		3		11		7
Selling, general and administrative expenses	90		53		179		105
Total amortization reclassifications recognized in net pension expense	176		99		352		199
Tax expense	(41)		(23)		(83)		(47)
Amortization reclassifications recognized in net pension expense, net of tax	135		76		269		152
Net change in retirement benefit plan unrecognized actuarial losses, net of tax	135		76		269		152

Cash Flow Hedges (Note 5):
Changes in fair value	15,515		(8,117)		46,957		(12,711)
Tax (expense) benefit	(3,800)		1,971		(11,492)		3,086
Changes in fair value, net of tax	11,715		(6,146)		35,465		(9,625)
Reclassifications to CarMax Auto Finance income	(4,783)		(9,231)		(9,635)		(19,695)
Tax benefit	1,164		2,241		2,344		4,782
Reclassification of hedge gains, net of tax	(3,619)		(6,990)		(7,291)		(14,913)
Net change in cash flow hedge unrecognized gains, net of tax	8,096		(13,136)		28,174		(24,538)





Total other comprehensive income (loss), net of tax	$	8,231	$	(13,060)	$	28,443	$	(24,386)