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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2025
Feb. 28, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 204,938 $ 246,960
Restricted cash from collections on auto loans held for investment 567,398 559,118
Accounts receivable, net 151,102 188,733
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance 0 0
Inventory 3,127,948 3,934,622
Other current assets 146,819 148,203
TOTAL CURRENT ASSETS  4,198,205 5,077,636
Auto loans held for investment, net of allowance for loan losses of $474,824 and $458,730 as of November 30, 2025 and February 28, 2025, respectively 16,151,162 17,242,789
Property and equipment, net of accumulated depreciation of $2,201,887 and $2,014,563 as of November 30, 2025 and February 28, 2025, respectively 4,023,465 3,841,833
Deferred Income Tax Assets, Net 73,451 140,332
Operating lease assets 475,078 493,355
Goodwill 141,258 141,258
Other assets 499,736 467,003
TOTAL ASSETS  25,562,355 27,404,206
CURRENT LIABILITIES:    
Accounts payable 887,496 977,845
Accrued expenses and other current liabilities 418,021 529,926
Accrued income taxes 4,079 87,526
Current portion of operating lease liabilities 57,173 59,335
Current portion of long-term debt 216,901 16,821
Current portion of non-recourse notes payable 522,571 526,518
TOTAL CURRENT LIABILITIES  2,106,241 2,197,971
Long-term debt, excluding current portion 1,169,768 1,570,296
Non-recourse notes payable, excluding current portion 15,417,006 16,567,044
Operating lease liabilities, excluding current portion 462,391 481,963
Other liabilities 342,415 343,944
TOTAL LIABILITIES  19,497,821 21,161,218
Commitments and contingent liabilities
SHAREHOLDERS’ EQUITY:    
Common stock, $0.50 par value; 350,000,000 shares authorized; 143,062,439 and 153,319,678 shares issued and outstanding as of November 30, 2025 and February 28, 2025, respectively 71,531 76,660
Capital in excess of par value 1,824,142 1,891,012
Accumulated other comprehensive (loss) income (27,280) 3,080
Retained earnings 4,196,141 4,272,236
TOTAL SHAREHOLDERS’ EQUITY  6,064,534 6,242,988
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY  $ 25,562,355 $ 27,404,206