10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000726958-18-000010`
Period End Date	20180131
Filing Date	20180307
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	casy-20180131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 60 Cash Flow Statement 70 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`	$1.59B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$138.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.78M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$43.24M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$41.51M	USD	Point-in-time
Inventories	`InventoryNet`	$255.58M	USD	Point-in-time
Inventories	`InventoryNet`	$201.64M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.18M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$33.24M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$19.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$350.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$476.24M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$34.54M	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`	$137.76M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,591,644 at January 31, 2018 and $1,496,472 at April 30, 2017	`PropertyPlantAndEquipmentNet`	$2.51B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,591,644 at January 31, 2018 and $1,496,472 at April 30, 2017	`PropertyPlantAndEquipmentNet`	$2.80B	USD	Point-in-time
Total assets	`Assets`	$3.02B	USD	Point-in-time
Total assets	`Assets`	$3.45B	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	$900.00K	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.37M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$294.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$293.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$151.59M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$136.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$446.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$461.22M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$907.36M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$1.30B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$440.12M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$324.57M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$16.49M	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`	$21.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.83B	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`	$40.07M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$2.29M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.33B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.45B	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	`SalesRevenueNet`	$5.66B	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$1.77B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$2.05B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$6.30B	USD	3 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$4.38B	USD	3 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$4.94B	USD	3 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.63B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.38B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$292.32M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$323.04M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$967.24M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$879.74M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$163.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$51.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$145.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.04M	USD	1 Quarter
Interest, net	`InterestExpense`	$31.17M	USD	3 Qtrs
Interest, net	`InterestExpense`	$37.82M	USD	3 Qtrs
Interest, net	`InterestExpense`	$10.56M	USD	1 Quarter
Interest, net	`InterestExpense`	$13.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$226.35M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.37M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$195.65M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$-102.99M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$78.94M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$-166.59M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$12.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$298.64M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$192.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.41M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.76	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.87	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.80	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.72	USD	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.18M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.58M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.93M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.19M	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	369,842.00	shares	3 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	372,643.00	shares	1 Quarter
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	466,380.00	shares	3 Qtrs
Plus effect of stock compensation (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	463,445.00	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.95M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.30M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.65M	shares	3 Qtrs
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.66M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.72	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.78	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$709.05M	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$657.59M	USD	3 Qtrs
Excise taxes	`ExciseAndSalesTaxes`	$231.42M	USD	1 Quarter
Excise taxes	`ExciseAndSalesTaxes`	$209.42M	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$298.64M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$192.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.41M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$163.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$51.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$145.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.04M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$7.36M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$16.38M	USD	3 Qtrs
Loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.01M	USD	3 Qtrs
Loss on disposal of assets and impairment charges	`GainLossOnSaleOfPropertyPlantEquipment`	$-810.00K	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$115.55M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-27.40M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.74M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$6.84M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.06M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$52.87M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.98M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.72M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.75M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.34M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$19.10M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$15.70M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-4.59M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$11.87M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$2.95M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$10.41M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$295.98M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$316.03M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$426.40M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$325.61M	USD	3 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$13.56M	USD	3 Qtrs
Payments for acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.19M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.86M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.92M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-336.26M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-448.73M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$8.10M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$7.80M	USD	3 Qtrs
Net repayments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Net repayments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-900.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.98M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$801.00K	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$27.41M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$29.02M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$144.10M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.59M	USD	3 Qtrs
Tax withholdings on employee share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.93M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$214.75M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$60.18M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$61.99M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$39.95M	USD	3 Qtrs
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`	$115.72M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$138.71M	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 end of the period	`CashAndCashEquivalentsAtCarryingValue`	$76.72M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$115.72M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$138.71M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$75.78M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$24.43M	USD	3 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$28.28M	USD	3 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$24.27M	USD	3 Qtrs
Income taxes, net	`IncomeTaxesPaidNet`	$46.86M	USD	3 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$13.70M	USD	3 Qtrs
Purchased property and equipment in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$10.02M	USD	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time
Net income	`NetIncomeLoss`	$298.64M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$192.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$147.41M	USD	3 Qtrs
Dividends declared	`DividendsCommonStock`	$29.47M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$801.00K	USD	3 Qtrs
Repurchase of common stock (shares)	`StockRepurchasedDuringPeriodShares`	1.32B	shares	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$144.10M	USD	3 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.31M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.19B	USD	Point-in-time

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