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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2022
Feb. 28, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 688,618 $ 102,716
Restricted cash from collections on auto loans receivable 466,525 548,099
Accounts receivable, net 246,794 560,984
Inventory 3,414,937 5,124,569
Other current assets 167,143 212,922
TOTAL CURRENT ASSETS  4,984,017 6,549,290
Auto loans receivable, net of allowance for loan losses of $491,047 and $433,030 as of November 30, 2022 and February 28, 2022, respectively 16,240,832 15,289,701
Property and equipment, net of accumulated depreciation of $1,585,271 and $1,437,548 as of November 30, 2022 and February 28, 2022, respectively 3,375,001 3,209,068
Deferred Income Tax Assets, Net 87,262 120,931
Operating lease assets 529,781 537,357
Goodwill 141,258 141,258
Other assets 580,790 490,659
TOTAL ASSETS  25,938,941 26,338,264
CURRENT LIABILITIES:    
Accounts payable 802,780 937,717
Accrued expenses and other current liabilities 496,202 533,271
Current portion of operating lease liabilities 51,215 44,197
Current portion of long-term debt 112,708 11,203
Current portion of non-recourse notes payable 474,147 521,069
TOTAL CURRENT LIABILITIES  1,937,052 2,047,457
Long-term debt, excluding current portion 1,903,223 3,255,304
Non-recourse notes payable, excluding current portion 15,737,459 14,919,715
Operating lease liabilities, excluding current portion 509,106 523,269
Other liabilities 364,528 357,080
TOTAL LIABILITIES  20,451,368 21,102,825
Commitments and contingent liabilities
SHAREHOLDERS’ EQUITY:    
Common stock, $0.50 par value; 350,000,000 shares authorized; 158,019,398 and 161,053,983 shares issued and outstanding as of November 30, 2022 and February 28, 2022, respectively 79,010 80,527
Capital in excess of par value 1,697,062 1,677,268
Accumulated other comprehensive income (loss) 57,420 (46,422)
Retained earnings 3,654,081 3,524,066
TOTAL SHAREHOLDERS’ EQUITY  5,487,573 5,235,439
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY  $ 25,938,941 $ 26,338,264