10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0000726958-17-000136`
Period End Date	20171031
Filing Date	20171211
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	casy-20171031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 60 Cash Flow Statement 72 Stockholders Equity 13

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.50B	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.54B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$177.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.19M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$43.24M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$42.50M	USD	Point-in-time
Inventories	`InventoryNet`	$241.68M	USD	Point-in-time
Inventories	`InventoryNet`	$201.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.77M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.18M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$19.90M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$97.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$576.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$350.69M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$24.47M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$23.45M	USD	Point-in-time
Goodwill	`Goodwill`	$132.81M	USD	Point-in-time
Goodwill	`Goodwill`	$137.32M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,542,953 at October 31, 2017 and $1,496,472 at April 30, 2017	`PropertyPlantAndEquipmentNet`	$2.51B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,542,953 at October 31, 2017 and $1,496,472 at April 30, 2017	`PropertyPlantAndEquipmentNet`	$2.68B	USD	Point-in-time
Total assets	`Assets`	$3.42B	USD	Point-in-time
Total assets	`Assets`	$3.02B	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	$900.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.42M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$307.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$293.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$136.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$145.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$467.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$446.55M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$1.30B	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$907.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$461.67M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$440.12M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$16.10M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$15.78M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$20.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.83B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.27B	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`	-	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$40.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.15B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.15B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.42B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.02B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue (a)	`SalesRevenueNet`	$3.89B	USD	2 Qtrs
Total revenue (a)	`SalesRevenueNet`	$2.15B	USD	1 Quarter
Total revenue (a)	`SalesRevenueNet`	$1.92B	USD	1 Quarter
Total revenue (a)	`SalesRevenueNet`	$4.25B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) (a)	`CostOfGoodsSold`	$3.00B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) (a)	`CostOfGoodsSold`	$1.48B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) (a)	`CostOfGoodsSold`	$1.69B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) (a)	`CostOfGoodsSold`	$3.30B	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$644.20M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$587.42M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$295.29M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$322.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$106.53M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$94.53M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.16M	USD	1 Quarter
Interest, net	`InterestExpense`	$24.35M	USD	2 Qtrs
Interest, net	`InterestExpense`	$20.61M	USD	2 Qtrs
Interest, net	`InterestExpense`	$12.98M	USD	1 Quarter
Interest, net	`InterestExpense`	$10.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$190.75M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$77.58M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$169.28M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$89.48M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$63.60M	USD	2 Qtrs
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`	$28.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.57M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.18	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.77	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.75	USD	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.11M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.19M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.80M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.18M	shares	2 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	472,735.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	378,950.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	379,802.00	shares	2 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	472,713.00	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.65M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.49M	shares	2 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.18M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.66M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.52	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$477.63M	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$222.99M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$448.17M	USD	2 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$239.07M	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$57.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$106.53M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$94.53M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.16M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.70M	USD	2 Qtrs
Loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.09M	USD	2 Qtrs
Loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-294.00K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-21.54M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-19.84M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-746.00K	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$5.23M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.85M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$39.03M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.41M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.95M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.24M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$69.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.22M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.91M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-20.60M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-13.24M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$2.84M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$676.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$241.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$240.08M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$203.60M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$248.80M	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`	$22.78M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.73M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-207.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-269.28M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	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`	$7.71M	USD	2 Qtrs
Net repayments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Net repayments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-900.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$298.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.72M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$19.23M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$17.99M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$132.61M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.66M	USD	2 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.45M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$236.19M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$69.59M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$208.47M	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`	$75.78M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$76.72M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$285.19M	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`	$75.78M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$76.72M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$285.19M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$21.43M	USD	2 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$20.07M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$21.41M	USD	2 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$33.04M	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$12.98M	USD	2 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$12.56M	USD	2 Qtrs
Shares repurchased in accounts payable	`NoncashOrPartNoncashTransactionSharesRepurchased`	-	USD	2 Qtrs
Shares repurchased in accounts payable	`NoncashOrPartNoncashTransactionSharesRepurchased`	$575.00K	USD	2 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time
Net income	`NetIncomeLoss`	$57.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$105.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$48.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.57M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$19.71M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$298.00K	USD	2 Qtrs
Repurchase of common stock (shares)	`StockRepurchasedDuringPeriodShares`	1.23B	shares	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$133.19M	USD	2 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.63M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.15B	USD	Point-in-time

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