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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2015
Nov. 30, 2014
OPERATING ACTIVITIES:    
Net earnings $ 482,401 $ 454,220
Adjustments to reconcile net earnings to net cash used in operating activities    
Depreciation and amortization 100,504 84,994
Share-based compensation expense 45,284 57,192
Provision for loan losses 70,165 60,274
Provision for cancellation reserves 61,048 53,764
Deferred income tax benefit (8,322) (13,347)
Loss on disposition of assets and other 3,007 2,486
Net decrease (increase) in:    
Accounts receivable, net 49,160 (8,257)
Inventory (66,396) (323,249)
Other current assets 12,397 (22,061)
Auto loan receivables, net (952,974) (1,050,733)
Other assets 268 (2,910)
Net decrease in:    
Accounts payable, accrued expenses and other current liabilities and accrued income taxes (109,243) (16,321)
Other liabilities (68,878) (60,667)
NET CASH USED IN OPERATING ACTIVITIES (381,579) (784,615)
INVESTING ACTIVITIES:    
Capital expenditures (240,835) (238,860)
Proceeds from sales of assets 1,520 5,833
Increase in restricted cash from collections on auto loan receivables (22,064) (16,419)
Increase in restricted cash in reserve accounts (8,383) (11,323)
Release of restricted cash from reserve accounts 5,907 6,340
Purchases of money market securities, net (6,106) (8,604)
Purchases of trading securities (4,759) (3,468)
Sales of trading securities 101 333
NET CASH USED IN INVESTING ACTIVITIES (274,619) (266,168)
FINANCING ACTIVITIES:    
(Decrease) increase in short-term debt, net (749) 1,992
Proceeds from issuance of long-term debt 1,137,300 300,000
Payments on long-term debt (583,300) 0
Cash paid for debt issuance costs (3,104) (496)
Payments on finance and capital lease obligations (13,310) (13,395)
Issuances of non-recourse notes payable 7,430,805 5,882,000
Payments on non-recourse notes payable (6,565,516) (4,950,011)
Repurchase and retirement of common stock (816,181) (695,582)
Equity issuances 44,855 54,293
Excess tax benefits from share-based payment arrangements 31,138 33,961
NET CASH PROVIDED BY FINANCING ACTIVITIES 661,938 612,762
Increase (decrease) in cash and cash equivalents 5,740 (438,021)
Cash and cash equivalents at beginning of year 27,606 627,901
CASH AND CASH EQUIVALENTS AT END OF PERIOD 33,346 189,880
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 30,511 22,232
Cash paid for income taxes 268,076 287,905
Non-cash investing and financing activities:    
Increase in accrued capital expenditures 6,563 16,538
Increase in finance and capital lease obligations $ 92,001 $ 11,697