10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000726958-15-000148`
Period End Date	20151031
Filing Date	20151207
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	casy-20151031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 56 Cash Flow Statement 68

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`	$1.26B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.64M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$22.61M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$31.93M	USD	Point-in-time
Inventories	`InventoryNet`	$197.33M	USD	Point-in-time
Inventories	`InventoryNet`	$204.28M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.86M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$15.53M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$17.70M	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`	$305.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$322.35M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$18.55M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$18.30M	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 $1,255,658 at October 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 $1,255,658 at October 31, 2015 and $1,185,246 at April 30, 2015	`PropertyPlantAndEquipmentNet`	$2.16B	USD	Point-in-time
Total assets	`Assets`	$2.63B	USD	Point-in-time
Total assets	`Assets`	$2.47B	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`	$15.39M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$246.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$125.21M	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`	$12.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$399.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$364.89M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$830.55M	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`	$353.95M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$17.64M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$17.64M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.88M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.98M	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`	$66.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$818.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$942.63M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$875.23M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.63B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$4.44B	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$2.15B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$1.92B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$3.97B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.70B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.78B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.48B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.12B	USD	2 Qtrs
Gross profit	`GrossProfit`	$442.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$742.20M	USD	2 Qtrs
Gross profit	`GrossProfit`	$854.23M	USD	2 Qtrs
Gross profit	`GrossProfit`	$371.28M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$244.78M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$531.56M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$489.10M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$267.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$37.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$81.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$73.52M	USD	2 Qtrs
Interest, net	`InterestExpense`	$10.01M	USD	1 Quarter
Interest, net	`InterestExpense`	$20.87M	USD	2 Qtrs
Interest, net	`InterestExpense`	$10.36M	USD	1 Quarter
Interest, net	`InterestExpense`	$20.09M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$158.71M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$123.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$78.87M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$221.37M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$58.74M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$44.16M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$80.53M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$99.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.84M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$79.03M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.61	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.59	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.56	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.57	USD	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.99M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.71M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.67M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.00M	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	419,687.00	shares	2 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	423,747.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	348,522.00	shares	2 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	352,056.00	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.41M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.43M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.06M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.02M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$99.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.84M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$79.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$37.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$81.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$73.52M	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$210.00K	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$198.00K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$3.37M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.67M	USD	2 Qtrs
(Gain) loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-132.00K	USD	2 Qtrs
(Gain) loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$191.00K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.45M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.19M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.15M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.42M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$5.19M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$9.32M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-7.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.95M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$838.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.20M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.36M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.87M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$5.08M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-33.93M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-23.97M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$176.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$94.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$244.96M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$183.39M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$209.95M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$195.68M	USD	2 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.29M	USD	2 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.54M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.78M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-207.41M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-228.19M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$361.00K	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$7.70M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.09M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.57M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$14.65M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$16.32M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.15M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.42M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.51M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.30M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-50.09M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$17.04M	USD	2 Qtrs
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`	$65.58M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$71.55M	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 end of the period	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$65.58M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$71.55M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$121.64M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$20.95M	USD	2 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$20.21M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$30.25M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$49.73M	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$17.08M	USD	2 Qtrs

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