Company: KMX
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001170010-25-000024
Chunk: 91

Company: CARMAX INC
Filing Date: 2025-04-11
Form: 10-K
Item: Item 8
Chunk 91
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458,730 and $482,790 as of February 28, 2025 and February 29, 2024, respectively17,242,789 17,011,844 Property and equipment, net3,841,833 3,665,530 Deferred income taxes140,332 98,790 Operating lease assets493,355 520,717 Goodwill141,258 141,258 Other assets467,003 532,064 TOTAL ASSETS $27,404,206 $27,196,797 LIABILITIES AND SHAREHOLDERS’ EQUITY  CURRENT LIABILITIES:  Accounts payable$977,845 $933,708 Accrued expenses and other current liabilities529,926 523,971 Accrued income taxes87,526 — Current portion of operating lease liabilities59,335 57,161 Current portion of long-term debt16,821 313,282 Current portion of non-recourse notes payable526,518 484,167 TOTAL CURRENT LIABILITIES 2,197,971 2,312,289 Long-term debt, excluding current portion1,570,296 1,602,355 Non-recourse notes payable, excluding current portion16,567,044 16,357,301 Operating lease liabilities, excluding current portion481,963 496,210 Other liabilities343,944 354,902 TOTAL LIABILITIES 21,161,218 21,123,057 Commitments and contingent liabilitiesSHAREHOLDERS’ EQUITY:  Common stock, $0.50 par value; 350,000,000 shares authorized; 153,319,678 and 157,611,939 shares issued and outstanding as of February 28, 2025 and February 29, 2024, respectively76,660 78,806 Capital in excess of par value1,891,012 1,808,746 Accumulated other comprehensive income3,080 59,279 Retained earnings4,272,236 4,126,909 TOTAL SHAREHOLDERS’ EQUITY 6,242,988 6,073,740 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $27,404,206 $27,196,797 

See accompanying notes to consolidated financial statements.

50

CONSOLIDATED STATEMENTS