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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Nov. 30, 2016
Nov. 30, 2015
Revenue, Net [Abstract]        
Used vehicle sales $ 3,090,613 $ 2,908,963 $ 9,820,401 $ 9,351,841
Wholesale vehicle sales 488,385 513,796 1,616,528 1,682,195
Other sales and revenues 122,526 121,310 388,229 409,834
NET SALES AND OPERATING REVENUES 3,701,524 3,544,069 11,825,158 11,443,870
Cost of sales 3,198,389 3,079,738 10,204,024 9,914,375
GROSS PROFIT 503,135 464,331 1,621,134 1,529,495
CARMAX AUTO FINANCE INCOME 89,359 92,316 286,086 299,703
Selling, general and administrative expenses 356,735 337,512 1,103,091 1,018,075
Interest expense 15,071 10,021 40,063 24,574
Other (income) expense 1,027 1,157 (24) 2,791
Earnings before income taxes 219,661 207,957 764,090 783,758
Income tax provision 83,016 79,758 289,723 301,357
NET EARNINGS $ 136,645 $ 128,199 $ 474,367 $ 482,401
WEIGHTED AVERAGE COMMON SHARES:        
Basic, shares 189,200 201,291 191,431 205,760
Diluted, shares 190,818 203,383 193,239 208,242
NET EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.72 $ 0.64 $ 2.48 $ 2.34
Diluted (in dollars per share) $ 0.72 $ 0.63 $ 2.45 $ 2.32
Used vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 83.50% 82.10% 83.00% 81.70%
Wholesale vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 13.20% 14.50% 13.70% 14.70%
Other sales and revenues, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 3.30% 3.40% 3.30% 3.60%
NET SALES AND OPERATING REVENUES, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 100.00% 100.00% 100.00% 100.00%
Cost of sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 86.40% 86.90% 86.30% 86.60%
GROSS PROFIT, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 13.60% 13.10% 13.70% 13.40%
CARMAX AUTO FINANCE INCOME, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.40% 2.60% 2.40% 2.60%
Selling, general and administrative expenses, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 9.60% 9.50% 9.30% 8.90%
Interest expense, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.40% 0.30% 0.30% 0.20%
Other (income) expense, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.00% 0.00% 0.00% 0.00%
Earnings before income taxes, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 5.90% 5.90% 6.50% 6.80%
Income tax provision, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.20% 2.30% 2.50% 2.60%
NET EARNINGS, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 3.70% 3.60% 4.00% 4.20%