Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Feb. 29, 2020

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Fiscal Year
(In thousands, except per share data)	2020		2020		2020		2020		2020
Net sales and operating revenues	$	5,366,318	$	5,201,151	$	4,790,028	$	4,962,490	$	20,319,987
Gross profit	$	742,383	$	693,453	$	613,647	$	672,857	$	2,722,340
CarMax Auto Finance income	$	115,959	$	114,131	$	114,033	$	111,907	$	456,030
Selling, general and administrative
expenses	$	489,660	$	480,831	$	484,848	$	484,728	$	1,940,067
Net earnings	$	266,744	$	233,599	$	173,156	$	214,934	$	888,433
Net earnings per share:
Basic	$	1.60	$	1.41	$	1.05	$	1.32	$	5.39
Diluted	$	1.59	$	1.40	$	1.04	$	1.30	$	5.33

	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Fiscal Year
(In thousands, except per share data)	2019		2019		2019		2019		2019
Net sales and operating revenues	$	4,792,592	$	4,766,035	$	4,295,871	$	4,318,602	$	18,173,100
Gross profit	$	661,340	$	650,636	$	569,237	$	599,378	$	2,480,591
CarMax Auto Finance income	$	115,593	$	109,667	$	109,725	$	103,705	$	438,690
Selling, general and administrative
expenses	$	438,234	$	453,554	$	409,520	$	428,967	$	1,730,275
Net earnings	$	238,656	$	220,890	$	190,311	$	192,556	$	842,413
Net earnings per share:
Basic	$	1.34	$	1.25	$	1.09	$	1.14	$	4.83
Diluted	$	1.33	$	1.24	$	1.09	$	1.13	$	4.79