XML 194 R40.htm IDEA: XBRL DOCUMENT v3.23.2
CarMax Auto Finance (Components Of CarMax Auto Finance Income) (Details) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2023
May 31, 2022
Auto Finance Income [Line Items]    
Interest and fee income $ 400,500 $ 346,700
Interest expense (142,600) (48,800)
Total interest margin 257,900 297,900
Provision for loan losses (80,900) (57,800)
Total interest margin after provision for loan losses 177,000 240,100
Payroll and fringe benefit expense (16,600) (14,700)
Other Depreciation and Amortization (4,100) (3,800)
Other direct expenses (18,900) (17,100)
Total direct expenses (39,600) (35,600)
CarMax Auto Finance income 137,358 204,473
Total average managed receivables $ 17,003,400 $ 15,817,000
Interest and fee income, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables 9.40% 8.80%
Interest expense, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (3.40%) (1.20%)
Total interest margin, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables 6.10% 7.50%
Provision for loan losses, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (1.90%) (1.50%)
Total interest margin after provision for loan losses, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables 4.20% 6.10%
Payroll and fringe benefit expense, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (0.40%) (0.40%)
Other Depreciation and Amortization    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (0.10%) (0.10%)
Other direct expenses, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (0.40%) (0.40%)
Total direct expenses, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables (0.90%) (0.90%)
CarMax Auto Finance income, percent    
Auto Finance Income [Line Items]    
Item as percent of total average managed receivables 3.20% 5.20%