10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0000726958-15-000107`
Period End Date	20150731
Filing Date	20150908
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	casy-20150731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 28 Cash Flow Statement 64

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.19B	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.22B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$22.61M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$33.65M	USD	Point-in-time
Inventories	`InventoryNet`	$215.33M	USD	Point-in-time
Inventories	`InventoryNet`	$197.33M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.62M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$16.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$15.53M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$19.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$316.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$305.26M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$18.30M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$18.59M	USD	Point-in-time
Goodwill	`Goodwill`	$127.05M	USD	Point-in-time
Goodwill	`Goodwill`	$127.05M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,218,404 at July 31, 2015 and $1,185,246 at April 30, 2015	`PropertyPlantAndEquipmentNet`	$2.02B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,218,404 at July 31, 2015 and $1,185,246 at April 30, 2015	`PropertyPlantAndEquipmentNet`	$2.09B	USD	Point-in-time
Total assets	`Assets`	$2.47B	USD	Point-in-time
Total assets	`Assets`	$2.55B	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.40M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$243.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$123.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$122.91M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$364.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$388.90M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$838.15M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$838.25M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$354.97M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$354.06M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$17.64M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$17.83M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.98M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.59B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.62B	USD	Point-in-time
Preferred stock, no par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$56.27M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$63.72M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$818.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$872.18M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$875.23M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$935.90M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.55B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$2.05B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$2.29B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.92B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.64B	USD	1 Quarter
Gross profit	`GrossProfit`	$411.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$370.91M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$263.58M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$244.32M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$39.40M	USD	1 Quarter
Interest, net	`InterestExpense`	$10.08M	USD	1 Quarter
Interest, net	`InterestExpense`	$10.51M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$79.84M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$98.18M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$36.37M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$29.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.10M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.57	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.96M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.62M	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	390,121.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	420,727.00	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.01M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.39M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$39.40M	USD	1 Quarter
Other amortization	`OtherDepreciationAndAmortization`	$110.00K	USD	1 Quarter
Other amortization	`OtherDepreciationAndAmortization`	$108.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.74M	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.63M	USD	1 Quarter
(Gain) loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-242.00K	USD	1 Quarter
(Gain) loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$259.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.62M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.04M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.14M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$579.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$4.49M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$11.04M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$11.36M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.00M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.60M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.27M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.96M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.40M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$10.97M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.12M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-26.99M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-25.78M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$107.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$18.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$101.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$116.36M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.79M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.14M	USD	1 Quarter
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$30.77M	USD	1 Quarter
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$557.00K	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.29M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.85M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-119.01M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$223.00K	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$98.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.31M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.80M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$7.73M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$6.91M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.14M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$579.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.88M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.25M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.89M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.94M	USD	1 Quarter
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$116.75M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$121.64M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$116.75M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$121.64M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$3.67M	USD	1 Quarter
Interest, net of amount capitalized	`InterestPaidNet`	$3.47M	USD	1 Quarter
Income taxes, net	`IncomeTaxesPaidNet`	$-106.00K	USD	1 Quarter
Income taxes, net	`IncomeTaxesPaidNet`	$10.75M	USD	1 Quarter
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	1 Quarter
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$13.20M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.