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Accumulated Other Comprehensive Loss (Tables)
 3 Months Ended
May 31, 2020
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Changes In Accumulated Other Comprehensive Loss By Component
Changes in Accumulated Other Comprehensive Loss By Component
 
 
 
 
 
Total
 
Net
 
Net
 
Accumulated
 
Unrecognized
 
Unrecognized
 
Other
 
Actuarial
 
Hedge
 
Comprehensive
(In thousands, net of income taxes)
Losses
 
Losses
 
Loss
Balance as of February 29, 2020
$
(121,302
)
 
$
(28,769
)
 
$
(150,071
)
Other comprehensive loss before reclassifications
—

 
(18,287
)
 
(18,287
)
Amounts reclassified from accumulated other comprehensive loss
728

 
2,225

 
2,953

Other comprehensive income (loss)
728

 
(16,062
)
 
(15,334
)
Balance as of May 31, 2020
$
(120,574
)
 
$
(44,831
)
 
$
(165,405
)
Changes In And Reclassifications Out Of Accumulated Other Comprehensive Loss
Changes In and Reclassifications Out of Accumulated Other Comprehensive Loss
 
Three Months Ended May 31
(In thousands)
2020
 
2019
Retirement Benefit Plans:
 
 
 
Actuarial loss amortization reclassifications recognized in net pension expense:
 
 
 
Cost of sales
$
373

 
$
197

CarMax Auto Finance income
31

 
12

Selling, general and administrative expenses
555

 
259

Total amortization reclassifications recognized in net pension expense
959

 
468

Tax expense
(231
)
 
(113
)
Amortization reclassifications recognized in net pension expense, net of tax
728

 
355

Net change in retirement benefit plan unrecognized actuarial losses, net of tax
728

 
355

 
 
 
 
Cash Flow Hedges (Note 5):
 
 
 
Changes in fair value
(24,862
)
 
(17,942
)
Tax benefit
6,575

 
4,742

Changes in fair value, net of tax
(18,287
)
 
(13,200
)
Reclassifications to CarMax Auto Finance income
3,025

 
(477
)
Tax (expense) benefit
(800
)
 
126

Reclassification of hedge losses (gains), net of tax
2,225

 
(351
)
Net change in cash flow hedge unrecognized losses, net of tax
(16,062
)
 
(13,551
)
Total other comprehensive income loss, net of tax
$
(15,334
)
 
$
(13,196
)