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10-K Filing

CARMAX INC CIK: 1170010 FY 2013
Filing Information
Form Type 10-K
Accession Number 0001170010-14-000017
Period End Date 20140228
Filing Date 20140425
Fiscal Year 2013
Fiscal Period FY
XBRL Instance kmx-20140228.xml
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $627.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $449.36M USD Point-in-time
Restricted cash from collections on auto loan receivables RestrictedCashAndCashEquivalentsAtCarryingValue $259.30M USD Point-in-time
Restricted cash from collections on auto loan receivables RestrictedCashAndCashEquivalentsAtCarryingValue $224.29M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $79.92M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $91.96M USD Point-in-time
Inventory InventoryNet $1.52B USD Point-in-time
Inventory InventoryNet $1.64B USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $5.19M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $7.87M USD Point-in-time
Other current assets OtherAssetsCurrent $26.81M USD Point-in-time
Other current assets OtherAssetsCurrent $21.51M USD Point-in-time
TOTAL CURRENT ASSETS AssetsCurrent $2.64B USD Point-in-time
TOTAL CURRENT ASSETS AssetsCurrent $2.31B USD Point-in-time
Auto loan receivable, net NotesReceivableNet $7.15B USD Point-in-time
Auto loan receivable, net NotesReceivableNet $5.90B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.43B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.65B USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $145.88M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $152.20M USD Point-in-time
Other assets OtherAssetsNoncurrent $107.71M USD Point-in-time
Other assets OtherAssetsNoncurrent $110.91M USD Point-in-time
TOTAL ASSETS Assets $9.89B USD Point-in-time
TOTAL ASSETS Assets $11.71B USD Point-in-time
Accounts payable AccountsPayableCurrent $336.72M USD Point-in-time
Accounts payable AccountsPayableCurrent $427.49M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $147.82M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $202.59M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $222.00K USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $2.44M USD Point-in-time
Short-term debt ShortTermBankLoansAndNotesPayable $355.00K USD Point-in-time
Short-term debt ShortTermBankLoansAndNotesPayable $582.00K USD Point-in-time
Current portion of finance and capital lease obligations FinanceAndCapitalLeaseObligationsCurrent $18.46M USD Point-in-time
Current portion of finance and capital lease obligations FinanceAndCapitalLeaseObligationsCurrent $16.14M USD Point-in-time
Current portion of non-recourse notes payable NonRecourseDebtCurrent $223.94M USD Point-in-time
Current portion of non-recourse notes payable NonRecourseDebtCurrent $182.91M USD Point-in-time
TOTAL CURRENT LIABILITIES LiabilitiesCurrent $875.50M USD Point-in-time
TOTAL CURRENT LIABILITIES LiabilitiesCurrent $684.17M USD Point-in-time
Finance and capital lease obligations, excluding current portion FinanceAndCapitalLeaseObligationsNoncurrent $337.45M USD Point-in-time
Finance and capital lease obligations, excluding current portion FinanceAndCapitalLeaseObligationsNoncurrent $315.93M USD Point-in-time
Non-recourse notes payable, excluding current portion NonRecourseDebtNonCurrent $7.02B USD Point-in-time
Non-recourse notes payable, excluding current portion NonRecourseDebtNonCurrent $5.67B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $175.63M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $174.23M USD Point-in-time
TOTAL LIABILITIES Liabilities $8.39B USD Point-in-time
TOTAL LIABILITIES Liabilities $6.87B USD Point-in-time
Commitments and contingent liabilities CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 221,685,984 and 225,906,108 shares issued and outstanding as of February 28, 2014 and 2013, respectively CommonStockValue $110.84M USD Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 221,685,984 and 225,906,108 shares issued and outstanding as of February 28, 2014 and 2013, respectively CommonStockValue $112.95M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapital $1.04B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapital $972.25M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-62.46M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-25.06M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-46.27M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-59.81M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.21B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.99B USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.67B USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.32B USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.24B USD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $11.71B USD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $9.89B USD Point-in-time
Income Statement 98 line items
Line Item Tag Value Unit Period
NET SALES AND OPERATING REVENUES SalesRevenueNet $2.76B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $2.77B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $3.08B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $3.25B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $12.57B USD Annual
NET SALES AND OPERATING REVENUES SalesRevenueNet $2.60B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $10.00B USD Annual
NET SALES AND OPERATING REVENUES SalesRevenueNet $10.96B USD Annual
NET SALES AND OPERATING REVENUES SalesRevenueNet $2.83B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $2.94B USD 1 Quarter
NET SALES AND OPERATING REVENUES SalesRevenueNet $3.31B USD 1 Quarter
Cost of sales CostOfRevenue $9.50B USD Annual
Cost of sales CostOfRevenue $8.62B USD Annual
Cost of sales CostOfRevenue $10.93B USD Annual
GROSS PROFIT GrossProfit $345.22M USD 1 Quarter
GROSS PROFIT GrossProfit $448.10M USD 1 Quarter
GROSS PROFIT GrossProfit $384.14M USD 1 Quarter
GROSS PROFIT GrossProfit $1.65B USD Annual
GROSS PROFIT GrossProfit $369.24M USD 1 Quarter
GROSS PROFIT GrossProfit $381.72M USD 1 Quarter
GROSS PROFIT GrossProfit $381.92M USD 1 Quarter
GROSS PROFIT GrossProfit $1.38B USD Annual
GROSS PROFIT GrossProfit $434.74M USD 1 Quarter
GROSS PROFIT GrossProfit $367.99M USD 1 Quarter
GROSS PROFIT GrossProfit $1.46B USD Annual
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $75.18M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $83.91M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $75.96M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $72.45M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $80.82M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $84.42M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $336.17M USD Annual
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $299.27M USD Annual
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $87.02M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $75.68M USD 1 Quarter
CARMAX AUTO FINANCE INCOME NetIncomeLossFromFinancing $262.19M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $257.28M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $253.60M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $297.45M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $940.79M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $254.67M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $265.48M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.16B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.03B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $290.19M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $284.37M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $283.21M USD 1 Quarter
Interest expense InterestExpense $32.36M USD Annual
Interest expense InterestExpense $30.83M USD Annual
Interest expense InterestExpense $33.71M USD Annual
Other income (expense) NonoperatingIncomeExpense $-1.50M USD Annual
Other income (expense) NonoperatingIncomeExpense $464.00K USD Annual
Other income (expense) NonoperatingIncomeExpense $1.11M USD Annual
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $701.35M USD Annual
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $666.91M USD Annual
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $797.32M USD Annual
Income tax provision IncomeTaxExpenseBenefit $304.74M USD Annual
Income tax provision IncomeTaxExpenseBenefit $267.07M USD Annual
Income tax provision IncomeTaxExpenseBenefit $253.12M USD Annual
NET EARNINGS NetIncomeLoss $99.21M USD 1 Quarter
NET EARNINGS NetIncomeLoss $107.22M USD 1 Quarter
NET EARNINGS NetIncomeLoss $413.80M USD Annual
NET EARNINGS NetIncomeLoss $106.45M USD 1 Quarter
NET EARNINGS NetIncomeLoss $492.59M USD Annual
NET EARNINGS NetIncomeLoss $94.68M USD 1 Quarter
NET EARNINGS NetIncomeLoss $120.75M USD 1 Quarter
NET EARNINGS NetIncomeLoss $434.28M USD Annual
NET EARNINGS NetIncomeLoss $146.65M USD 1 Quarter
NET EARNINGS NetIncomeLoss $111.64M USD 1 Quarter
NET EARNINGS NetIncomeLoss $140.27M USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 228.09M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 223.59M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 226.28M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 230.72M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 231.82M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 227.58M shares Annual
Basic EarningsPerShareBasic $1.83 USD Annual
Basic EarningsPerShareBasic $0.48 USD 1 Quarter
Basic EarningsPerShareBasic $0.41 USD 1 Quarter
Basic EarningsPerShareBasic $0.47 USD 1 Quarter
Basic EarningsPerShareBasic $0.53 USD 1 Quarter
Basic EarningsPerShareBasic $0.65 USD 1 Quarter
Basic EarningsPerShareBasic $1.90 USD Annual
Basic EarningsPerShareBasic $0.49 USD 1 Quarter
Basic EarningsPerShareBasic $2.20 USD Annual
Basic EarningsPerShareBasic $0.63 USD 1 Quarter
Basic EarningsPerShareBasic $0.45 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.16 USD Annual
Diluted EarningsPerShareDiluted $0.64 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.87 USD Annual
Diluted EarningsPerShareDiluted $0.47 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.62 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.41 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.46 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.44 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.79 USD Annual
Diluted EarningsPerShareDiluted $0.52 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.48 USD 1 Quarter
Cash Flow Statement 18 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $99.21M USD 1 Quarter
Net earnings NetIncomeLoss $107.22M USD 1 Quarter
Net earnings NetIncomeLoss $413.80M USD Annual
Net earnings NetIncomeLoss $106.45M USD 1 Quarter
Net earnings NetIncomeLoss $492.59M USD Annual
Net earnings NetIncomeLoss $94.68M USD 1 Quarter
Net earnings NetIncomeLoss $120.75M USD 1 Quarter
Net earnings NetIncomeLoss $434.28M USD Annual
Net earnings NetIncomeLoss $146.65M USD 1 Quarter
Net earnings NetIncomeLoss $111.64M USD 1 Quarter
Net earnings NetIncomeLoss $140.27M USD 1 Quarter
Deferred income tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-17.18M USD Annual
Deferred income tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-872.00K USD Annual
Deferred income tax (benefit) provision DeferredIncomeTaxExpenseBenefit $3.86M USD Annual
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $627.90M USD Point-in-time
Cash and cash equivalents at beginning of year CashAndCashEquivalentsAtCarryingValue $449.36M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $627.90M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $449.36M USD Point-in-time
Stockholders Equity 39 line items
Line Item Tag Value Unit Period
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.67B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.32B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.24B USD Point-in-time
Net earnings NetIncomeLoss $99.21M USD 1 Quarter
Net earnings NetIncomeLoss $107.22M USD 1 Quarter
Net earnings NetIncomeLoss $413.80M USD Annual
Net earnings NetIncomeLoss $106.45M USD 1 Quarter
Net earnings NetIncomeLoss $492.59M USD Annual
Net earnings NetIncomeLoss $94.68M USD 1 Quarter
Net earnings NetIncomeLoss $120.75M USD 1 Quarter
Net earnings NetIncomeLoss $434.28M USD Annual
Net earnings NetIncomeLoss $146.65M USD 1 Quarter
Net earnings NetIncomeLoss $111.64M USD 1 Quarter
Net earnings NetIncomeLoss $140.27M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $13.54M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $2.65M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-37.40M USD Annual
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $37.29M USD Annual
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $32.10M USD Annual
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $36.43M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $211.98M USD Annual
Repurchase of common stock StockRepurchasedAndRetiredDuringPeriodValue $-306.14M USD Annual
Exercise of common stock options StockIssuedDuringPeriodValueStockOptionsExercised $25.25M USD Annual
Exercise of common stock options StockIssuedDuringPeriodValueStockOptionsExercised $45.15M USD Annual
Exercise of common stock options StockIssuedDuringPeriodValueStockOptionsExercised $71.75M USD Annual
Shares issued under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationGross $500.00K USD Annual
Shares issued under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationGross $550.00K USD Annual
Shares issued under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationGross $550.00K USD Annual
Shares cancelled under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationForfeited $-8.35M USD Annual
Shares cancelled under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationForfeited $-6.15M USD Annual
Shares cancelled under stock incentive plans StockIssuedDuringPeriodValueShareBasedCompensationForfeited $-9.68M USD Annual
Tax effect from the exercise of common stock options DeferredTaxExpenseFromStockOptionsExercised $19.86M USD Annual
Tax effect from the exercise of common stock options DeferredTaxExpenseFromStockOptionsExercised $21.92M USD Annual
Tax effect from the exercise of common stock options DeferredTaxExpenseFromStockOptionsExercised $9.24M USD Annual
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.67B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.02B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.32B USD Point-in-time
BALANCE StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.24B USD Point-in-time
Comprehensive Income 23 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $99.21M USD 1 Quarter
Net earnings NetIncomeLoss $107.22M USD 1 Quarter
Net earnings NetIncomeLoss $413.80M USD Annual
Net earnings NetIncomeLoss $106.45M USD 1 Quarter
Net earnings NetIncomeLoss $492.59M USD Annual
Net earnings NetIncomeLoss $94.68M USD 1 Quarter
Net earnings NetIncomeLoss $120.75M USD 1 Quarter
Net earnings NetIncomeLoss $434.28M USD Annual
Net earnings NetIncomeLoss $146.65M USD 1 Quarter
Net earnings NetIncomeLoss $111.64M USD 1 Quarter
Net earnings NetIncomeLoss $140.27M USD 1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-10.76M USD Annual
Net change in retirement benefit plan unrecognized actuarial losses OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $22.25M USD Annual
Net change in retirement benefit plan unrecognized actuarial losses OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $9.71M USD Annual
Net change in cash flow hedge unrecognized losses OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $2.77M USD Annual
Net change in cash flow hedge unrecognized losses OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $12.36M USD Annual
Net change in cash flow hedge unrecognized losses OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-15.16M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-37.40M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $13.54M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.65M USD Annual
TOTAL COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTax $506.12M USD Annual
TOTAL COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTax $376.39M USD Annual
TOTAL COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTax $436.94M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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