CarMax, Inc. (CarMax), is a holding company and its operations are conducted through its subsidiaries. The Company operates in two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. Its CAF segment consists solely of its own finance operation that provides vehicle financing through CarMax superstores. The Company retailed 526,929 used vehicles during the fiscal year ended February 28, 2014. As of the end of fiscal 2014, the Company operated 131 used car superstores in 64 metropolitan markets. In addition, the Company is also a wholesale auction operator with 342,576 wholesale vehicles it sold through its on-site auctions in fiscal 2014.