XML 99 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
CarMax Auto Finance Income (Components Of CarMax Auto Finance Income) (Details) (USD $)
3 Months Ended 12 Months Ended
Feb. 28, 2014
Nov. 30, 2013
Aug. 31, 2013
May 31, 2013
Feb. 28, 2013
Nov. 30, 2012
Aug. 31, 2012
May 31, 2012
Feb. 28, 2014
Feb. 28, 2013
Feb. 29, 2012
Auto Finance Income [Line Items]                      
Interest and fee income                 $ 548,000,000 $ 495,300,000 $ 448,700,000
Interest expense                 (90,000,000) (95,100,000) (106,100,000)
Total interest margin                 458,000,000 400,200,000 342,600,000
Provision for loan losses                 (72,200,000) (56,200,000) (36,400,000)
Total interest margin after provision for loan losses                 385,800,000 344,000,000 306,200,000
Other income                 100,000   1,500,000
Payroll and fringe benefit expense                 (22,600,000) (21,200,000) (20,700,000)
Other direct expenses                 (27,100,000) (23,500,000) (24,800,000)
Total direct expenses                 (49,700,000) (44,700,000) (45,500,000)
CarMax Auto Finance income 80,821,000 83,905,000 84,422,000 87,019,000 75,958,000 72,454,000 75,676,000 75,179,000 336,167,000 299,267,000 262,185,000
Total average managed receivables                 $ 6,629,500,000 $ 5,385,500,000 $ 4,662,400,000
Interest And Fee Income [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 8.30% [1] 9.20% [1] 9.60% [1]
Interest Expense [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 (1.40%) [1] (1.80%) [1] (2.30%) [1]
Total Interest Margin [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 6.90% [1] 7.40% [1] 7.30% [1]
Provision For Loan Losses [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 (1.10%) [1] (1.00%) [1] (0.80%) [1]
Total Interest Margin After Provision For Loan Losses [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 5.80% [1] 6.40% [1] 6.60% [1]
Payroll And Fringe Benefit Expense [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 (0.30%) [1] (0.40%) [1] (0.40%) [1]
Other Direct Expenses [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 (0.40%) [1] (0.40%) [1] (0.50%) [1]
Total Direct Expenses [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 (0.80%) [1] (0.80%) [1] (1.00%) [1]
CAF Income [Member]
                     
Auto Finance Income [Line Items]                      
Item as percent of total average managed receivables                 5.10% [1] 5.60% [1] 5.60% [1]
[1] Percent of total average managed receivables.