CarMax 2008 Annual Report Download - page 48

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36
As discussed in Note 7 to the consolidated financial statements, the Company adopted the provisions of
FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No.
109, effective March 1, 2007. As discussed in Note 8(A) to the consolidated financial statements, the Company
adopted the provisions of Statement of Financial Accounting Standards No. 158, Employers’ Accounting for Defined
Pension and Other Postretirement Plans, effective February 28, 2007.
Richmond, Virginia
April 25, 2008