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Consolidated Statements Of Comprehensive Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Aug. 31, 2011
Consolidated Statements of Comprehensive Income [Abstract]        
NET EARNINGS $ 111,636 $ 111,154 [1],[2] $ 232,382 $ 236,654 [1],[2]
Retirement plans:        
Amortization recognized in net pension expense 189 [3] 103 [1],[3] 449 [3] 158 [1],[3]
Cash flow hedges:        
Effective portion of changes in fair value 6,465 [4] (6,487) [1],[4] 4,634 [4] (10,612) [1],[4]
Reclassifications to CarMax Auto Finance income 730 [5] 975 [1],[5] 3,965 [5] 2,095 [1],[5]
Other comprehensive income (loss), net of taxes 7,384 (5,409) [1] 9,048 (8,359) [1]
TOTAL COMPREHENSIVE INCOME $ 119,020 $ 105,745 [1] $ 241,430 $ 228,295 [1]
[1] As discussed in Note 2, fiscal 2012 reflects the revisions to correct our accounting for sale-leaseback transactions.
[2] (1) As discussed in Note 2, fiscal 2012 reflects the revisions to correct our accounting for sale-leaseback transactions.
[3] Net of tax of $111 and $14 for the three months ended August 31, 2012 and 2011, respectively; and $151 and $72 for the six months ended August 31, 2012 and 2011, respectively.
[4] Net of tax benefit of $9,845 and $4,218 for the three months ended August 31, 2012 and 2011, respectively; and $11,026 and $6,506 for the six months ended August 31, 2012 and 2011, respectively. The three months and six months ended August 31, 2012, include a tax benefit adjustment of $8,518 related to prior years.
[5] Net of tax of $2,563 and $0 for the three months ended August 31, 2012 and 2011, respectively; and $2,563 and $0 for the six months ended August 31, 2012 and 2011, respectively. The three months and six months ended August 31, 2012, include a tax provision adjustment of $1,270 related to the first quarter of fiscal 2013.