Consolidated Balance Sheets - USD ($) $ in Thousands |
May. 31, 2015 |
Feb. 28, 2015 |
| ASSETS |
|
|
| Cash and cash equivalents |
$ 351,698
|
$ 27,606
|
| Restricted cash from collections on auto loan receivables |
328,054
|
294,122
|
| Accounts receivable, net |
103,663
|
137,690
|
| Inventory |
1,844,077
|
2,086,874
|
| Deferred income taxes |
9,245
|
8,100
|
| Other current assets |
29,088
|
44,646
|
| TOTAL CURRENT ASSETS |
2,665,825
|
2,599,038
|
| Auto loan receivable, net |
8,812,883
|
8,435,504
|
| Property and equipment, net |
1,896,348
|
1,862,538
|
| Deferred income taxes |
156,726
|
167,638
|
| Other assets |
138,895
|
133,483
|
| TOTAL ASSETS |
13,670,677
|
13,198,201
|
| LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
| Accounts payable |
446,453
|
454,810
|
| Accrued expenses and other current liabilities |
184,277
|
250,307
|
| Accrued income taxes |
59,089
|
1,554
|
| Short-term debt |
781
|
785
|
| Current portion of long-term debt |
0
|
10,000
|
| Current portion of finance and capital lease obligations |
21,623
|
21,554
|
| Current portion of non-recourse notes payable |
287,350
|
258,163
|
| TOTAL CURRENT LIABILITIES |
999,573
|
997,173
|
| Long-term debt, excluding current portion |
300,000
|
300,000
|
| Finance and capital lease obligations, excluding current portion |
301,480
|
306,284
|
| Non-recourse notes payable, excluding current portion |
8,574,773
|
8,212,466
|
| Other liabilities |
220,185
|
225,493
|
| TOTAL LIABILITIES |
10,396,011
|
10,041,416
|
| Commitments and contingent liabilities |
0
|
0
|
| SHAREHOLDERS' EQUITY: |
|
|
| Common stock, $0.50 par value; 350,000,000 shares authorized; 208,682,123 and 208,869,688 shares issued and outstanding as of February 28, 2015 and February 28, 2014, respectively |
104,341
|
104,435
|
| Capital in excess of par value |
1,170,030
|
1,123,520
|
| Accumulated other comprehensive loss |
(66,458)
|
(65,391)
|
| Retained earnings |
2,066,753
|
1,994,221
|
| TOTAL SHAREHOLDERS' EQUITY |
3,274,666
|
3,156,785
|
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
$ 13,670,677
|
$ 13,198,201
|