$KMX
CARMAX INC Stock $kmx

$kmx Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000117001018000146 Filed on July 05, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$4.793B	$4.542B
YoY Change	5.51%	10.08%
Cost Of Revenue	$4.131B	$3.893B
YoY Change	6.11%	9.56%
Gross Profit	$661.3M	$648.9M
YoY Change	1.91%	13.32%
Gross Profit Margin	13.8%	14.29%
Selling, General & Admin	$438.2M	$403.5M
YoY Change	8.61%	6.12%
% of Gross Profit	66.26%	62.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$45.34M	$43.89M
YoY Change	3.3%	7.58%
% of Gross Profit	6.86%	6.76%
Operating Expenses	$438.2M	$403.5M
YoY Change	8.61%	6.12%
Operating Profit	$223.1M	$245.4M
YoY Change	-9.1%	27.56%
Interest Expense	$18.05M	$16.84M
YoY Change	7.21%	51.86%
% of Operating Profit	8.09%	6.86%
Other Income/Expense, Net	-$963.0K	$93.00K
YoY Change	-1135.48%	-84.9%
Pretax Income	$319.7M	$338.1M
YoY Change	-5.43%	19.58%
Income Tax	$81.03M	$126.4M
% Of Pretax Income	25.35%	37.38%
Net Earnings	$238.7M	$211.7M
YoY Change	12.73%	20.72%
Net Earnings / Revenue	4.98%	4.66%
Basic Earnings Per Share	$1.34	$1.14
Diluted Earnings Per Share	$1.33	$1.13
COMMON SHARES
Basic Shares Outstanding	178.1M shares	185.2M shares
Diluted Shares Outstanding	179.4M shares	186.9M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$76.00M	$60.00M
YoY Change	26.67%	13.21%
Cash & Equivalents	$76.35M	$60.08M
Short-Term Investments
Other Short-Term Assets	$88.36M	$35.78M
YoY Change	146.95%	10.72%
Inventory	$2.260B	$2.148B
Prepaid Expenses
Receivables	$101.4M	$104.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.957B	$2.735B
YoY Change	8.15%	13.16%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.714B	$2.558B
YoY Change	6.14%	14.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$185.9M	$145.5M
YoY Change	27.76%	9.2%
Total Long-Term Assets	$14.80B	$13.74B
YoY Change	7.7%	11.05%
TOTAL ASSETS
Total Short-Term Assets	$2.957B	$2.735B
Total Long-Term Assets	$14.80B	$13.74B
Total Assets	$17.76B	$16.48B
YoY Change	7.77%	11.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$586.3M	$510.6M
YoY Change	14.84%	12.33%
Accrued Expenses	$252.6M	$203.2M
YoY Change	24.32%	-1.08%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$1.000M
YoY Change	-100.0%	0.0%
Long-Term Debt Due	$393.0M	$349.0M
YoY Change	12.61%	5.12%
Total Short-Term Liabilities	$1.288B	$1.167B
YoY Change	10.42%	7.69%
LONG-TERM LIABILITIES
Long-Term Debt	$12.86B	$11.93B
YoY Change	7.84%	13.46%
Other Long-Term Liabilities	$223.1M	$231.0M
YoY Change	-3.45%	3.63%
Total Long-Term Liabilities	$223.1M	$231.0M
YoY Change	-3.45%	3.63%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.288B	$1.167B
Total Long-Term Liabilities	$223.1M	$231.0M
Total Liabilities	$14.37B	$13.32B
YoY Change	7.87%	12.74%
SHAREHOLDERS EQUITY
Retained Earnings	$2.116B	$1.934B
YoY Change	9.42%	7.05%
Common Stock	$88.36M	$91.94M
YoY Change	-3.89%	-4.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.384B	$3.152B
YoY Change
Total Liabilities & Shareholders Equity	$17.76B	$16.48B
YoY Change	7.77%	11.4%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	$238.7M	$211.7M
YoY Change	12.73%	20.72%
Depreciation, Depletion And Amortization	$45.34M	$43.89M
YoY Change	3.3%	7.58%
Cash From Operating Activities	$230.8M	$191.5M
YoY Change	20.52%	118.61%
INVESTING ACTIVITIES
Capital Expenditures	$79.72M	$79.42M
YoY Change	0.38%	-18.52%
Acquisitions
YoY Change
Other Investing Activities	-$4.700M	-$800.0K
YoY Change	487.5%	-96.9%
Cash From Investing Activities	-$84.40M	-$80.20M
YoY Change	5.24%	-34.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$211.1M	$187.4M
YoY Change	12.63%	35.8%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-80.10M	-79.50M
YoY Change	0.75%	-256.5%
NET CHANGE
Cash From Operating Activities	230.8M	191.5M
Cash From Investing Activities	-84.40M	-80.20M
Cash From Financing Activities	-80.10M	-79.50M
Net Change In Cash	66.30M	31.80M
YoY Change	108.49%	110.6%
FREE CASH FLOW
Cash From Operating Activities	$230.8M	$191.5M
Capital Expenditures	$79.72M	$79.42M
Free Cash Flow	$151.1M	$112.1M
YoY Change	34.79%	-1236.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q2	dei	Amendment Flag AmendmentFlag	false
CY2018Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--02-28
CY2018Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2018Q2	dei	Document Period End Date DocumentPeriodEndDate	2018-05-31
CY2018Q2	dei	Document Type DocumentType	10-Q
CY2018Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001170010
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	176563978	shares
CY2018Q2	kmx	Totalaveragemanagedreceivables Totalaveragemanagedreceivables	11775400000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	529733000	USD
CY2018Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018Q2	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q2	dei	Entity Registrant Name EntityRegistrantName	CARMAX INC
CY2018Q2	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018Q2	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2018Q1	kmx	Accumulated Other Comprehensive Income Loss Deferred Taxes AccumulatedOtherComprehensiveIncomeLossDeferredTaxes	16600000	USD
CY2018Q2	kmx	Accumulated Other Comprehensive Income Loss Deferred Taxes AccumulatedOtherComprehensiveIncomeLossDeferredTaxes	16800000	USD
CY2018Q1	kmx	Cancellation Reserves Current Portion CancellationReservesCurrentPortion	56000000	USD
CY2018Q2	kmx	Cancellation Reserves Current Portion CancellationReservesCurrentPortion	57500000	USD
CY2018Q1	kmx	Finance And Capital Lease Obligations Current FinanceAndCapitalLeaseObligationsCurrent	9994000	USD
CY2018Q2	kmx	Finance And Capital Lease Obligations Current FinanceAndCapitalLeaseObligationsCurrent	10550000	USD
CY2018Q1	kmx	Finance And Capital Lease Obligations Noncurrent FinanceAndCapitalLeaseObligationsNoncurrent	490369000	USD
CY2018Q2	kmx	Finance And Capital Lease Obligations Noncurrent FinanceAndCapitalLeaseObligationsNoncurrent	497416000	USD
CY2018Q1	kmx	Item As Percentage Of Total Assets ItemAsPercentageOfTotalAssets	0.018
CY2018Q2	kmx	Item As Percentage Of Total Assets ItemAsPercentageOfTotalAssets	0.019
CY2018Q1	kmx	Item As Percentage Of Total Assets At Fair Value ItemAsPercentageOfTotalAssetsAtFairValue	1.000
CY2018Q2	kmx	Item As Percentage Of Total Assets At Fair Value ItemAsPercentageOfTotalAssetsAtFairValue	1.000
CY2018Q1	kmx	Item As Percentage Of Total Liabilities ItemAsPercentageOfTotalLiabilities	0.000
CY2018Q2	kmx	Item As Percentage Of Total Liabilities ItemAsPercentageOfTotalLiabilities	0.000
CY2017Q2	kmx	Net Income Loss From Financing NetIncomeLossFromFinancing	109400000	USD
CY2017Q2	kmx	Net Income Loss From Financing NetIncomeLossFromFinancing	109363000	USD
CY2018Q2	kmx	Net Income Loss From Financing NetIncomeLossFromFinancing	115593000	USD
CY2018Q2	kmx	Net Income Loss From Financing NetIncomeLossFromFinancing	115600000	USD
CY2018Q1	kmx	Non Recourse Debt Current NonRecourseDebtCurrent	355433000	USD
CY2018Q2	kmx	Non Recourse Debt Current NonRecourseDebtCurrent	382326000	USD
CY2018Q1	kmx	Non Recourse Debt Non Current NonRecourseDebtNonCurrent	11266964000	USD
CY2018Q2	kmx	Non Recourse Debt Non Current NonRecourseDebtNonCurrent	11565653000	USD
CY2018Q1	kmx	Past Due Receivables As Percentage Of Total Ending Managed Receivables PastDueReceivablesAsPercentageOfTotalEndingManagedReceivables	0.034
CY2018Q2	kmx	Past Due Receivables As Percentage Of Total Ending Managed Receivables PastDueReceivablesAsPercentageOfTotalEndingManagedReceivables	0.032
CY2017Q2	kmx	Payments On Non Recourse Debt PaymentsOnNonRecourseDebt	2149135000	USD
CY2018Q2	kmx	Payments On Non Recourse Debt PaymentsOnNonRecourseDebt	2343291000	USD
CY2017Q2	kmx	Payments On Revolving Line Of Credit And Long Term Debt PaymentsOnRevolvingLineOfCreditAndLongTermDebt	917000000	USD
CY2018Q2	kmx	Payments On Revolving Line Of Credit And Long Term Debt PaymentsOnRevolvingLineOfCreditAndLongTermDebt	1015100000	USD
CY2017Q2	kmx	Proceeds From Issuance Of Non Recourse Debt ProceedsFromIssuanceOfNonRecourseDebt	2410000000	USD
CY2018Q2	kmx	Proceeds From Issuance Of Non Recourse Debt ProceedsFromIssuanceOfNonRecourseDebt	2668502000	USD
CY2017Q2	kmx	Proceeds From Revolving Line Of Credit And Long Term Debt ProceedsFromRevolvingLineOfCreditAndLongTermDebt	762000000	USD
CY2018Q2	kmx	Proceeds From Revolving Line Of Credit And Long Term Debt ProceedsFromRevolvingLineOfCreditAndLongTermDebt	817600000	USD
CY2017Q2	kmx	Provision For Contract Cancellation Reserves ProvisionForContractCancellationReserves	17113000	USD
CY2018Q2	kmx	Provision For Contract Cancellation Reserves ProvisionForContractCancellationReserves	20089000	USD
CY2017Q2	kmx	Repayments Of Long Term Finance And Capital Lease Obligations RepaymentsOfLongTermFinanceAndCapitalLeaseObligations	2268000	USD
CY2018Q2	kmx	Repayments Of Long Term Finance And Capital Lease Obligations RepaymentsOfLongTermFinanceAndCapitalLeaseObligations	2398000	USD
CY2018Q1	kmx	Total Ending Managed Receivables As Percentage By Major Credit Grade TotalEndingManagedReceivablesAsPercentageByMajorCreditGrade	1
CY2018Q2	kmx	Total Ending Managed Receivables As Percentage By Major Credit Grade TotalEndingManagedReceivablesAsPercentageByMajorCreditGrade	1
CY2017Q2	kmx	Totalaveragemanagedreceivables Totalaveragemanagedreceivables	10829500000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	133321000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	586337000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	101351000	USD
CY2018Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	USD
CY2018Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	55991000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	278771000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	252633000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-54312000	USD
CY2018Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-55045000	USD
CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1234047000	USD
CY2018Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1234612000	USD
CY2017Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	19140000	USD
CY2018Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	29465000	USD
CY2017Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2218318	shares
CY2018Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3434764	shares
CY2018Q1	us-gaap	Assets Assets	17486272000	USD
CY2018Q2	us-gaap	Assets Assets	17756167000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	3061444000	USD
CY2018Q2	us-gaap	Assets Current AssetsCurrent	2957494000	USD
CY2018Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	308450000	USD
CY2018Q2	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	334966000	USD
CY2017Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	-1077000	USD
CY2018Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	645000	USD
CY2018Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	500363000	USD
CY2018Q2	us-gaap	Capital Lease Obligations CapitalLeaseObligations	507966000	USD
CY2017Q2	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	0	USD
CY2018Q2	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	9704000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	60080000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44525000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	76348000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	276894000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	310192000	USD
CY2017Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	523865000	USD
CY2017Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	555656000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	554898000	USD
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	621236000	USD
CY2017Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	31791000	USD
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	66338000	USD
CY2018Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.5
CY2018Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.5
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	179747894	shares
CY2018Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	176719782	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	179747894	shares
CY2018Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	176719782	shares
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	89874000	USD
CY2018Q2	us-gaap	Common Stock Value CommonStockValue	88360000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	210028000	USD
CY2018Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	237923000	USD
CY2017Q2	us-gaap	Cost Of Revenue CostOfRevenue	3893396000	USD
CY2018Q2	us-gaap	Cost Of Revenue CostOfRevenue	4131252000	USD
CY2018Q1	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	12900000	USD
CY2018Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	12752812000	USD
CY2018Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	12861152000	USD
CY2018Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	492163000	USD
CY2018Q2	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	486083000	USD
CY2017Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	6782000	USD
CY2018Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3602000	USD
CY2018Q1	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	63256000	USD
CY2018Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	55494000	USD
CY2017Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	43894000	USD
CY2018Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	45343000	USD
CY2018Q1	us-gaap	Derivative Assets DerivativeAssets	12127000	USD
CY2018Q2	us-gaap	Derivative Assets DerivativeAssets	4629000	USD
CY2018Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	99000	USD
CY2018Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	1430000	USD
CY2017Q2	us-gaap	Direct Operating Costs DirectOperatingCosts	19700000	USD
CY2018Q2	us-gaap	Direct Operating Costs DirectOperatingCosts	22000000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.34
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.13
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.33
CY2018Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	79000000	USD
CY2018Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y6M0D
CY2017Q2	us-gaap	Financing Interest Expense FinancingInterestExpense	49000000	USD
CY2018Q2	us-gaap	Financing Interest Expense FinancingInterestExpense	63800000	USD
CY2017Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	123600000	USD
CY2017Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	129800000	USD
CY2018Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	128600000	USD
CY2018Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	134300000	USD
CY2017Q2	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	31700000	USD
CY2018Q2	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	33700000	USD
CY2017Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	54100000	USD
CY2018Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	58900000	USD
CY2018Q1	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	393200000	USD
CY2018Q2	us-gaap	Financing Receivable Recorded Investment Past Due FinancingReceivableRecordedInvestmentPastDue	376300000	USD
CY2017Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-621000	USD
CY2018Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-1468000	USD
CY2017Q2	us-gaap	Gross Profit GrossProfit	648938000	USD
CY2018Q2	us-gaap	Gross Profit GrossProfit	661340000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	338053000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	319684000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	126351000	USD
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	81028000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	52673000	USD
CY2018Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	81729000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-47643000	USD
CY2018Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-31970000	USD
CY2017Q2	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	325347000	USD
CY2018Q2	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	337917000	USD
CY2017Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-112316000	USD
CY2018Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-130665000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-5451000	USD
CY2018Q2	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-6806000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-809000	USD
CY2018Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3078000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-29469000	USD
CY2018Q2	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-48354000	USD
CY2017Q2	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	206700000	USD
CY2018Q2	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	232300000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	16838000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	18052000	USD
CY2017Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	129100000	USD
CY2018Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	137600000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	157700000	USD
CY2018Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	168500000	USD
CY2017Q2	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1700000	USD
CY2018Q2	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1400000	USD
CY2018Q1	us-gaap	Interest Receivable InterestReceivable	43200000	USD
CY2018Q2	us-gaap	Interest Receivable InterestReceivable	50500000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	2390694000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	2260029000	USD
CY2017Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	8500000	USD
CY2018Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	9600000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	14169423000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	14372406000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17486272000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17756167000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1174058000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1288202000	USD
CY2018Q1	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	99000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	-399000	USD
CY2018Q2	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	1430000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	13142605000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	13278156000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	365554000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	393241000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-79469000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-80094000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-80233000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-84417000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	191493000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	230849000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	211702000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	238656000	USD
CY2018Q1	us-gaap	Non Recourse Debt NonRecourseDebt	11644615000	USD
CY2018Q1	us-gaap	Non Recourse Debt NonRecourseDebt	11640000000	USD
CY2018Q2	us-gaap	Non Recourse Debt NonRecourseDebt	11969825000	USD
CY2018Q2	us-gaap	Non Recourse Debt NonRecourseDebt	11970000000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	93000	USD
CY2018Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-963000	USD
CY2018Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	11618900000	USD
CY2018Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	11925000000	USD
CY2018Q1	us-gaap	Notes Receivable Net NotesReceivableNet	11535704000	USD
CY2018Q1	us-gaap	Notes Receivable Net NotesReceivableNet	11535700000	USD
CY2018Q2	us-gaap	Notes Receivable Net NotesReceivableNet	11842700000	USD
CY2018Q2	us-gaap	Notes Receivable Net NotesReceivableNet	11842749000	USD
CY2018Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	93462000	USD
CY2018Q2	us-gaap	Other Assets Current OtherAssetsCurrent	88359000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	158807000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	185935000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-274000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-369000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-1948000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	-1102000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-285000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1948000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1102000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1674000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-733000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1674000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-733000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-1013000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	1109000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	292000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-454000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-487000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-274000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-369000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	-180000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-614000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	817000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	-118000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-4226000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-387000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-2562000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-285000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-1664000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-102000	USD
CY2017Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	11200000	USD
CY2018Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	12400000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	242553000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	223052000	USD
CY2018Q1	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	995479000	USD
CY2018Q2	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	798083000	USD
CY2018Q1	us-gaap	Other Receivables OtherReceivables	2200000	USD
CY2018Q2	us-gaap	Other Receivables OtherReceivables	1500000	USD
CY2017Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	187385000	USD
CY2018Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	211050000	USD
CY2017Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2920000	USD
CY2018Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3647000	USD
CY2017Q2	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1055000	USD
CY2018Q2	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	5094000	USD
CY2017Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	79416000	USD
CY2018Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	79720000	USD
CY2017Q2	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	6608000	USD
CY2018Q2	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	9052000	USD
CY2017Q2	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	631000	USD
CY2018Q2	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	238000	USD
CY2017Q2	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	238000	USD
CY2018Q2	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	77000	USD
CY2017Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
CY2018Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	320000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2667061000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2714495000	USD
CY2017Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	28579000	USD
CY2018Q2	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	30872000	USD
CY2017Q2	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	28600000	USD
CY2018Q2	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	30900000	USD
CY2018Q2	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	21300000	USD
CY2018Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	448000	USD
CY2017Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	385692000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	399442000	USD
CY2018Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	431407000	USD
CY2017Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	109884000	USD
CY2018Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	113481000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2047240000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2115834000	USD
CY2017Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4542300000	USD
CY2018Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4792600000	USD
CY2017Q2	us-gaap	Sales Revenue Net SalesRevenueNet	4542334000	USD
CY2018Q2	us-gaap	Sales Revenue Net SalesRevenueNet	4792592000	USD
CY2017Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	403503000	USD
CY2018Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	438234000	USD
CY2018Q1	us-gaap	Senior Notes SeniorNotes	500000000	USD
CY2018Q2	us-gaap	Senior Notes SeniorNotes	500000000	USD
CY2017Q2	us-gaap	Share Based Compensation ShareBasedCompensation	18726000	USD
CY2018Q2	us-gaap	Share Based Compensation ShareBasedCompensation	28998000	USD
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	0.327
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	0.314
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	0.294
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	0.290
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.021
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.029
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.007
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.017
CY2017Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate	0.298
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate	0.291
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y7M6D
CY2018Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y7M6D
CY2018Q1	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	127000	USD
CY2018Q2	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	365000	USD
CY2018Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6100000	USD
CY2018Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6700000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3316849000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3383761000	USD
CY2018Q1	us-gaap	Trading Securities TradingSecurities	19429000	USD
CY2018Q2	us-gaap	Trading Securities TradingSecurities	20145000	USD
CY2018Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	24239000	USD
CY2018Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	23763000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	28700000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	29500000	USD
CY2017Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	108200000	USD
CY2017Q2	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	109000000	USD
CY2018Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	105200000	USD
CY2018Q2	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	108700000	USD
CY2017Q2	us-gaap	Valuation Allowances And Reserves Charged To Cost And Expense ValuationAllowancesAndReservesChargedToCostAndExpense	17100000	USD
CY2018Q2	us-gaap	Valuation Allowances And Reserves Charged To Cost And Expense ValuationAllowancesAndReservesChargedToCostAndExpense	20100000	USD
CY2017Q2	us-gaap	Valuation Allowances And Reserves Deductions ValuationAllowancesAndReservesDeductions	16300000	USD
CY2018Q2	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation and Use of Estimates. </font><font style="font-family:inherit;font-size:10pt;">The accompanying interim unaudited consolidated financial statements include the accounts of CarMax and our wholly owned subsidiaries.  All significant intercompany balances and transactions have been eliminated in consolidation.  These consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) for interim financial information.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements.  In the opinion of management, such interim consolidated financial statements reflect all normal recurring adjustments considered necessary to present fairly the financial position and the results of operations and cash flows for the interim periods presented.  The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full fiscal year.  </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accounting policies followed in the presentation of our interim financial results are consistent with those included in the company's Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">February 28, 2018</font><font style="font-family:inherit;font-size:10pt;"> (the “2018 Annual Report”), with the exception of those related to recent accounting pronouncements adopted in the current period included herein. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes included in our 2018 Annual Report.</font></div></div>
CY2018Q2	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Business. </font><font style="font-family:inherit;font-size:10pt;">CarMax, Inc. (“we,” “our,” “us,” “CarMax” and “the company”), including its wholly owned subsidiaries, is the largest retailer of used vehicles in the United States. We operate in </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> reportable segments:  CarMax Sales Operations and CarMax Auto Finance (“CAF”).  Our CarMax Sales Operations segment consists of all aspects of our auto merchandising and service operations, excluding financing provided by CAF.  Our CAF segment consists solely of our own finance operation that provides financing to customers buying retail vehicles from CarMax.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We deliver an unrivaled customer experience by offering a broad selection of high quality used vehicles and related products and services at low, no-haggle prices using a customer-friendly sales process in an attractive, modern sales facility, as well as through carmax.com and our mobile apps.  We provide customers with a range of related products and services, including the appraisal and purchase of vehicles directly from consumers; the financing of retail vehicle purchases through CAF and third-party finance providers; the sale of extended protection plan (“EPP”) products, which include extended service plans (“ESPs”) and guaranteed asset protection (“GAP”); and vehicle repair service.  Vehicles purchased through the appraisal process that do not meet our retail standards are sold to licensed dealers through on-site wholesale auctions.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2018Q2	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities.  Actual results could differ from those estimates.  Certain prior year amounts have been reclassified to conform to the current year’s presentation.  Amounts and percentages may not total due to rounding.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2018Q2	us-gaap	Valuation Allowances And Reserves Deductions ValuationAllowancesAndReservesDeductions	16600000	USD
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	186859000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	179421000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	185200000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	178139000	shares

Files In Submission

Name	View Source	Status
0001170010-18-000146-index-headers.html	Edgar Link	pending
0001170010-18-000146-index.html	Edgar Link	pending
0001170010-18-000146.txt	Edgar Link	pending
0001170010-18-000146-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
kmx-20180531.xml	Edgar Link	completed
kmx-20180531.xsd	Edgar Link	pending
kmx-20180531_cal.xml	Edgar Link	unprocessable
kmx-20180531_def.xml	Edgar Link	unprocessable
kmx-20180531_lab.xml	Edgar Link	unprocessable
kmx-20180531_pre.xml	Edgar Link	unprocessable
q1fy1910-q.htm	Edgar Link	pending
q1fy19ex311.htm	Edgar Link	pending
q1fy19ex312.htm	Edgar Link	pending
q1fy19ex321.htm	Edgar Link	pending
q1fy19ex322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$KMX
CARMAX INC Stock $kmx

2018 Q2 Form 10-Q Financial Statement

#000117001018000146 Filed on July 05, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KMX CARMAX INC Stock $kmx

2018 Q2 Form 10-Q Financial Statement

#000117001018000146 Filed on July 05, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KMX
CARMAX INC Stock $kmx