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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
Revenue, Net [Abstract]        
Used vehicle sales $ 3,425,540 $ 3,090,613 $ 10,963,113 $ 9,820,401
Wholesale vehicle sales 552,754 488,385 1,653,911 1,616,528
Other sales and revenues 128,723 122,526 418,967 388,229
NET SALES AND OPERATING REVENUES 4,107,017 3,701,524 13,035,991 11,825,158
Cost of sales 3,567,829 3,198,389 11,243,860 10,204,024
GROSS PROFIT 539,188 503,135 1,792,131 1,621,134
CARMAX AUTO FINANCE INCOME 102,810 89,359 320,109 286,086
Selling, general and administrative expenses 399,672 356,735 1,208,237 1,103,091
Interest expense 17,405 15,071 51,079 40,063
Other (income) expense (279) 1,027 (561) (24)
Earnings before income taxes 225,200 219,661 853,485 764,090
Income tax provision 76,360 83,016 311,519 289,723
NET EARNINGS $ 148,840 $ 136,645 $ 541,966 $ 474,367
WEIGHTED AVERAGE COMMON SHARES:        
Basic, shares 181,888 189,200 183,324 191,431
Diluted, shares 184,033 190,818 185,201 193,239
NET EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.82 $ 0.72 $ 2.96 $ 2.48
Diluted (in dollars per share) $ 0.81 $ 0.72 $ 2.93 $ 2.45
Used vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 83.40% 83.50% 84.10% 83.00%
Wholesale vehicle sales, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 13.50% 13.20% 12.70% 13.70%
Other sales and revenues, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 3.10% 3.30% 3.20% 3.30%
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 86.90% 86.40% 86.30% 86.30%
GROSS PROFIT, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 13.10% 13.60% 13.70% 13.70%
CARMAX AUTO FINANCE INCOME, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.50% 2.40% 2.50% 2.40%
Selling, general and administrative expenses, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 9.70% 9.60% 9.30% 9.30%
Interest expense, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.40% 0.40% 0.40% 0.30%
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 5.50% 5.90% 6.50% 6.50%
Income tax provision, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 1.90% 2.20% 2.40% 2.50%
NET EARNINGS, percent        
Percentage of Sales        
Item as a percent of net sales and operating revenues 3.60% 3.70% 4.20% 4.00%