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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2022
Nov. 30, 2021
OPERATING ACTIVITIES:    
Net earnings $ 415,750 $ 991,461
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 202,655 200,819
Share-based compensation expense 64,974 108,962
Provision for loan losses 218,967 87,342
Provision for cancellation reserves 79,924 91,607
Deferred income tax (benefit) provision (2,178) 19,564
Other 8,879 (26,808)
Net decrease (increase) in:    
Accounts receivable, net 314,190 (290,346)
Inventory 1,709,632 (1,502,323)
Other current assets 149,777 (13,615)
Auto loans receivable, net (1,170,098) (1,764,693)
Other assets (43,502) (18,309)
Net (decrease) increase in:    
Accounts payable, accrued expenses and other current liabilities and accrued income taxes (195,154) 170,474
Other liabilities (91,739) (136,780)
Net Cash Provided by (Used in) Operating Activities 1,662,077 (2,082,645)
INVESTING ACTIVITIES:    
Capital expenditures (319,486) (226,903)
Proceeds from disposal of property and equipment 3,806 260
Proceeds from Sales of Business, Affiliate and Productive Assets 0 12,284
Purchases of investments (6,460) (13,676)
Sales and returns of investments 3,486 36,915
Payments to Acquire Businesses, Net of Cash Acquired 0 (241,563)
Net Cash Provided by (Used in) Investing Activities (318,654) (432,683)
FINANCING ACTIVITIES:    
Proceeds from issuances of long-term debt 2,863,500 5,804,200
Payments on long-term debt (4,116,775) (4,524,973)
Cash paid for debt issuance costs (13,987) (14,473)
Payments on finance lease obligations (10,056) (8,822)
Issuances of non-recourse notes payable 11,351,696 11,217,298
Payments on non-recourse notes payable (10,581,076) (9,565,649)
Repurchase and retirement of common stock (333,814) (475,950)
Equity issuances 13,504 76,310
Net Cash Provided by (Used in) Financing Activities (827,008) 2,507,941
Increase (decrease) in cash, cash equivalents, and restricted cash 516,415 (7,387)
Cash, cash equivalents, and restricted cash at beginning of year 803,618 771,947
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 1,320,033 764,560
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS:    
Cash and cash equivalents 688,618 62,598
Restricted cash from collections on auto loans receivable 466,525 552,487
Restricted cash included in other assets 164,890 149,475
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD $ 1,320,033 $ 764,560