|
|
|
|
|
|
|
|
|
Three Months Ended May 31
|
|
(In thousands)
|
|
2015
|
|
2014
|
|
|
|
|
|
|
|
Retirement Benefit Plans (Note 9):
|
|
|
|
|
|
Actuarial loss amortization reclassifications recognized
|
|
|
|
|
|
in net pension expense:
|
|
|
|
|
|
Cost of sales
|
$
|
195
|
$
|
138
|
|
CarMax Auto Finance income
|
|
11
|
|
7
|
|
Selling, general and administrative expenses
|
|
283
|
|
195
|
|
Total amortization reclassifications recognized
|
|
|
|
|
|
in net pension expense
|
|
489
|
|
340
|
|
Tax expense
|
|
(183)
|
|
(127)
|
|
Amortization reclassifications recognized in net
|
|
|
|
|
|
pension expense, net of tax
|
|
306
|
|
213
|
|
Net change in retirement benefit plan unrecognized
|
|
|
|
|
|
actuarial losses, net of tax
|
|
306
|
|
213
|
|
|
|
|
|
|
|
Cash Flow Hedges (Note 5):
|
|
|
|
|
|
Effective portion of changes in fair value
|
|
(4,316)
|
|
(1,798)
|
|
Tax benefit
|
|
1,698
|
|
707
|
|
Effective portion of changes in fair value, net of tax
|
|
(2,618)
|
|
(1,091)
|
|
Reclassifications to CarMax Auto Finance income
|
|
2,051
|
|
2,263
|
|
Tax expense
|
|
(806)
|
|
(890)
|
|
Reclassification of hedge losses, net of tax
|
|
1,245
|
|
1,373
|
|
Net change in cash flow hedge unrecognized losses,
|
|
|
|
|
|
net of tax
|
|
(1,373)
|
|
282
|
|
Total other comprehensive (loss) income, net of tax
|
$
|
(1,067)
|
$
|
495
|