Company: KMX
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001170010-25-000024
Chunk: 94

Company: CARMAX INC
Filing Date: 2025-04-11
Form: 10-K
Item: Item 8
Chunk 94
---
 of common stock(3,404)(1,702)(35,807)(285,734)— (323,243)Exercise of common stock options268 134 16,959 — — 17,093 Stock incentive plans, net shares issued161 81 (7,371)— — (7,290)Balance as of February 28, 2023158,079 $79,040 $1,713,074 $3,723,094 $97,869 $5,613,077 Net earnings— — — 479,204 — 479,204 Other comprehensive loss— — — — (38,590)(38,590)Share-based compensation expense— — 70,956 — — 70,956 Repurchases of common stock(1,334)(667)(15,351)(75,389)— (91,407)Exercise of common stock options752 376 44,390 — — 44,766 Stock incentive plans, net shares issued115 57 (4,323)— — (4,266)Balance as of February 29, 2024157,612 $78,806 $1,808,746 $4,126,909 $59,279 $6,073,740 Net earnings— — — 500,556 — 500,556 Other comprehensive loss— — — — (56,199)(56,199)Share-based compensation expense— — 79,585 — — 79,585 Repurchases of common stock(5,506)(2,753)(68,629)(355,229)— (426,611)Exercise of common stock options1,154 577 73,164 — — 73,741 Stock incentive plans, net shares issued60 30 (1,854)— — (1,824)Balance as of February 28, 2025153,320 $76,660 $1,891,012 $4,272,236 $3,080 $6,242,988 

See accompanying notes to consolidated financial statements.

52

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1.NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(A)Business