Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

May 31, 2021

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 28, 2021	$	(92,662)	$	(26,029)	$	(118,691)
Other comprehensive loss before reclassifications	—		(1,478)		(1,478)
Amounts reclassified from accumulated other comprehensive loss	659		3,756		4,415
Other comprehensive income	659		2,278		2,937
Balance as of May 31, 2021	$	(92,003)	$	(23,751)	$	(115,754)

Changes In and Reclassifications Out of Accumulated Other Comprehensive Loss


	Three Months Ended May 31
(In thousands)	2021		2020
Retirement Benefit Plans:
Actuarial loss amortization reclassifications recognized in net pension expense:
Cost of sales	$	357	$	373
CarMax Auto Finance income	22		31
Selling, general and administrative expenses	489		555
Total amortization reclassifications recognized in net pension expense	868		959
Tax expense	(209)		(231)
Amortization reclassifications recognized in net pension expense, net of tax	659		728
Net change in retirement benefit plan unrecognized actuarial losses, net of tax	659		728

Cash Flow Hedges (Note 5):
Changes in fair value	(2,006)		(24,862)
Tax benefit	528		6,575
Changes in fair value, net of tax	(1,478)		(18,287)
Reclassifications to CarMax Auto Finance income	5,098		3,025
Tax expense	(1,342)		(800)
Reclassification of hedge losses, net of tax	3,756		2,225
Net change in cash flow hedge unrecognized losses, net of tax	2,278		(16,062)
Total other comprehensive income (loss), net of tax	$	2,937	$	(15,334)