10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000726958-16-000303`
Period End Date	20161031
Filing Date	20161207
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	casy-20161031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 60 Cash Flow Statement 68

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.34B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.42B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$177.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.58M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$27.70M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$32.93M	USD	Point-in-time
Inventories	`InventoryNet`	$208.06M	USD	Point-in-time
Inventories	`InventoryNet`	$204.99M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.96M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.01M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$14.41M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$425.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$325.88M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$18.98M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$19.62M	USD	Point-in-time
Goodwill	`Goodwill`	$129.59M	USD	Point-in-time
Goodwill	`Goodwill`	$128.57M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,415,262 at October 31, 2016 and $1,340,249 at April 30, 2016	`PropertyPlantAndEquipmentNet`	$2.25B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,415,262 at October 31, 2016 and $1,340,249 at April 30, 2016	`PropertyPlantAndEquipmentNet`	$2.38B	USD	Point-in-time
Total assets	`Assets`	$2.95B	USD	Point-in-time
Total assets	`Assets`	$2.73B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.38M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$250.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$241.21M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$120.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$130.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$387.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$387.57M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$822.63M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$915.05M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$394.93M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$414.77M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$17.81M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$15.33M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$20.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.75B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	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`	$83.05M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$72.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.01B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.95B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.73B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$1.92B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$3.89B	USD	2 Qtrs
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`	$1.48B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.00B	USD	2 Qtrs
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`	$443.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$442.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$893.31M	USD	2 Qtrs
Gross profit	`GrossProfit`	$854.23M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$295.29M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$587.42M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$267.98M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$531.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$81.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$94.53M	USD	2 Qtrs
Interest, net	`InterestExpense`	$20.09M	USD	2 Qtrs
Interest, net	`InterestExpense`	$10.01M	USD	1 Quarter
Interest, net	`InterestExpense`	$10.07M	USD	1 Quarter
Interest, net	`InterestExpense`	$20.61M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$221.37M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$190.75M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$123.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$89.48M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$66.18M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$32.30M	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`	$140.84M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$124.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$79.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.18M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.61	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.18	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.57	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.00	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.99M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.19M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.00M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.18M	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`	472,735.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	472,713.00	shares	2 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	419,687.00	shares	2 Qtrs
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`	39.65M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.66M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.44	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$140.84M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$124.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$79.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$81.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$94.53M	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$199.00K	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$210.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.37M	USD	2 Qtrs
Loss (gain) on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-294.00K	USD	2 Qtrs
Loss (gain) on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$191.00K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-19.84M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.19M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$9.32M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$5.23M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.85M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.95M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$838.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.95M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.24M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.22M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.97M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-33.93M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-13.24M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$176.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$3.04M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$250.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$240.08M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$209.95M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$203.60M	USD	2 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.60M	USD	2 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.54M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-207.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-207.41M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$7.70M	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`	$1.72M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$16.32M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$17.99M	USD	2 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.45M	USD	2 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.90M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-25.83M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$69.59M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$17.04M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$102.20M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$177.97M	USD	Point-in-time
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`	$75.78M	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 end of the period	`CashAndCashEquivalentsAtCarryingValue`	$177.97M	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`	$75.78M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$65.58M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$20.21M	USD	2 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$20.07M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$33.04M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$49.73M	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$17.08M	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$12.98M	USD	2 Qtrs

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