Segment Reporting (Tables)

12 Months Ended

Feb. 28, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Year Ended February 28, 2023
(In thousands)	CarMax Sales Operations		Other		Eliminations		Total
Sales and operating revenues	$	29,551,617	$	133,256	$	—	$	29,684,873
Intersegment sales and operating revenues	—		28,038		(28,038)		—
Total sales and operating revenues	$	29,551,617	$	161,294	$	(28,038)	$	29,684,873
Depreciation and amortization (1)	$	1,499	$	14,263	$	—	$	15,762
Gross profit	$	2,704,398	$	101,138	$	(5,333)	$	2,800,203
Reconciliation to Consolidated Earnings Before Taxes:
CAF Income							663,404
Selling, general and administrative expenses							(2,487,357)
Depreciation and amortization (2)							(228,449)
Interest expense							(120,398)
Other income (expense)							9,401
Earnings before income taxes							$	636,804

	Year Ended February 28, 2022
(In thousands)	CarMax Sales Operations		Other		Eliminations		Total
Sales and operating revenues	$	31,798,596	$	101,816	$	—	$	31,900,412
Intersegment sales and operating revenues	—		22,169		(22,169)		—
Total sales and operating revenues	$	31,798,596	$	123,985	$	(22,169)	$	31,900,412
Depreciation and amortization (1)	$	840	$	7,492	$	—	$	8,332
Gross profit	$	3,207,946	$	84,803	$	(5,207)	$	3,287,542
Reconciliation to Consolidated Earnings Before Taxes:
CAF Income							801,507
Selling, general and administrative expenses							(2,325,220)
Depreciation and amortization (2)							(211,956)
Interest expense							(94,095)
Other income (expense)							34,568
Earnings before income taxes							$	1,492,346

(1)    Represents only the portion of depreciation and amortization recorded within Cost of sales, and thus included in the calculation of Gross profit.

(2)    Exclusive of depreciation and amortization recorded within Cost of sales.