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10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0000726958-19-000111
Period End Date 20190731
Filing Date 20190909
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance casy-2019731x10q_htm.xml
Filing Contents
Balance Sheet 58 line items
Line Item Tag Value Unit Period
Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.83B USD Point-in-time
Accumulated Depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.88B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $44.84M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $53.68M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $96.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $63.30M USD Point-in-time
Receivables ReceivablesNetCurrent $37.86M USD Point-in-time
Receivables ReceivablesNetCurrent $39.55M USD Point-in-time
Inventories InventoryNet $273.75M USD Point-in-time
Inventories InventoryNet $273.04M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $12.97M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $7.49M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $28.89M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $15.06M USD Point-in-time
Total current assets AssetsCurrent $410.58M USD Point-in-time
Total current assets AssetsCurrent $438.07M USD Point-in-time
Other assets, net of amortization OtherAssetsNoncurrent $41.15M USD Point-in-time
Other assets, net of amortization OtherAssetsNoncurrent $43.15M USD Point-in-time
Goodwill Goodwill $157.22M USD Point-in-time
Goodwill Goodwill $157.22M USD Point-in-time
Property and equipment, net of accumulated depreciation of $1,878,705 at July 31, 2019 and $1,826,936 at April 30, 2019 PropertyPlantAndEquipmentNet $3.20B USD Point-in-time
Property and equipment, net of accumulated depreciation of $1,878,705 at July 31, 2019 and $1,826,936 at April 30, 2019 PropertyPlantAndEquipmentNet $3.12B USD Point-in-time
Total assets Assets $3.84B USD Point-in-time
Total assets Assets $3.73B USD Point-in-time
Lines of credit NotesPayableToBankCurrent $50.00M USD Point-in-time
Lines of credit NotesPayableToBankCurrent $75.00M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $17.20M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $18.85M USD Point-in-time
Accounts payable AccountsPayableCurrent $347.18M USD Point-in-time
Accounts payable AccountsPayableCurrent $335.24M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $159.00M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $163.49M USD Point-in-time
Total current liabilities LiabilitiesCurrent $590.93M USD Point-in-time
Total current liabilities LiabilitiesCurrent $575.03M USD Point-in-time
Long-term debt and capital lease obligations, net of current maturities LongTermDebtNoncurrent $1.30B USD Point-in-time
Long-term debt and capital lease obligations, net of current maturities LongTermDebtNoncurrent $1.28B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $402.84M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $385.79M USD Point-in-time
Deferred compensation DeferredCompensationLiabilityClassifiedNoncurrent $15.88M USD Point-in-time
Deferred compensation DeferredCompensationLiabilityClassifiedNoncurrent $16.03M USD Point-in-time
Insurance accruals, net of current portion SelfInsuranceReserveNoncurrent $22.66M USD Point-in-time
Insurance accruals, net of current portion SelfInsuranceReserveNoncurrent $21.53M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $28.68M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $24.07M USD Point-in-time
Total liabilities Liabilities $2.32B USD Point-in-time
Total liabilities Liabilities $2.35B 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 $15.60M USD Point-in-time
Common stock, no par value CommonStockValue $22.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.47B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.39B USD Point-in-time
Total shareholders equity StockholdersEquity $1.30B USD Point-in-time
Total shareholders equity StockholdersEquity $1.49B USD Point-in-time
Total shareholders equity StockholdersEquity $1.41B USD Point-in-time
Total shareholders equity StockholdersEquity $1.27B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $3.73B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $3.84B USD Point-in-time
Income Statement 30 line items
Line Item Tag Value Unit Period
Total revenue Revenues $2.59B USD 1 Quarter
Total revenue Revenues $2.63B USD 1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) CostOfGoodsAndServicesSold $2.06B USD 1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below) CostOfGoodsAndServicesSold $2.07B USD 1 Quarter
Operating expenses OperatingExpenses $359.39M USD 1 Quarter
Operating expenses OperatingExpenses $379.84M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $58.84M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $59.81M USD 1 Quarter
Interest, net InterestExpense $14.41M USD 1 Quarter
Interest, net InterestExpense $13.72M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $89.13M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $112.32M USD 1 Quarter
Federal and state income taxes IncomeTaxExpenseBenefit $26.50M USD 1 Quarter
Federal and state income taxes IncomeTaxExpenseBenefit $18.91M USD 1 Quarter
Net income NetIncomeLoss $85.81M USD 1 Quarter
Net income NetIncomeLoss $70.22M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $2.33 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.92 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $2.31 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.90 USD 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 36.67M shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 36.86M shares 1 Quarter
Plus effect of stock compensation (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 221,852.00 shares 1 Quarter
Plus effect of stock compensation (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 311,387.00 shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 36.98M shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 37.09M shares 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.32 USD 1 Quarter
Excise taxes ExciseAndSalesTaxes $257.97M USD 1 Quarter
Excise taxes ExciseAndSalesTaxes $274.62M USD 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $85.81M USD 1 Quarter
Net income NetIncomeLoss $70.22M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $58.84M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $59.81M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $7.54M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $10.27M USD 1 Quarter
Loss on disposal of assets and impairment charges GainLossOnSaleOfPropertyPlantEquipment $-345.00K USD 1 Quarter
Loss on disposal of assets and impairment charges GainLossOnSaleOfPropertyPlantEquipment $-527.00K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-9.21M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-17.05M USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $1.44M USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $1.70M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $22.21M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $474.00K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $3.17M USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $5.48M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.61M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $9.59M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-3.70M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $12.28M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-15.05M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $-8.90M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-696.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $2.76M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $178.76M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $150.07M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $97.49M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $101.40M USD 1 Quarter
Payments for acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $841.00K USD 1 Quarter
Payments for acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $4.87M USD 1 Quarter
Proceeds from sales of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.88M USD 1 Quarter
Proceeds from sales of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.70M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-96.45M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-104.57M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $905.00K USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $92.00K USD 1 Quarter
Net repayments of short-term debt RepaymentsOfShortTermDebt $12.19M USD 1 Quarter
Net repayments of short-term debt RepaymentsOfShortTermDebt $25.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $2.26M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $148.00K USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $9.59M USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $10.63M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $37.48M USD 1 Quarter
Tax withholdings on employee share-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $3.25M USD 1 Quarter
Tax withholdings on employee share-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.48M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-62.46M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-40.75M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-8.84M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $33.44M USD 1 Quarter
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $44.84M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $53.68M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $96.73M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $63.30M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $44.84M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $53.68M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $96.73M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $63.30M USD Point-in-time
Interest, net of amount capitalized InterestPaidNet $5.21M USD 1 Quarter
Interest, net of amount capitalized InterestPaidNet $6.84M USD 1 Quarter
Income taxes, net IncomeTaxesPaidNet $397.00K USD 1 Quarter
Income taxes, net IncomeTaxesPaidNet $-6.40M USD 1 Quarter
Purchased property and equipment in accounts payable CapitalExpendituresIncurredButNotYetPaid $23.95M USD 1 Quarter
Purchased property and equipment in accounts payable CapitalExpendituresIncurredButNotYetPaid $4.52M USD 1 Quarter
Noncash additions from adoption of ASC 842 RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $22.64M USD 1 Quarter
Stockholders Equity 17 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $1.30B USD Point-in-time
Beginning Balance StockholdersEquity $1.49B USD Point-in-time
Beginning Balance StockholdersEquity $1.41B USD Point-in-time
Beginning Balance StockholdersEquity $1.27B USD Point-in-time
Net income NetIncomeLoss $85.81M USD 1 Quarter
Net income NetIncomeLoss $70.22M USD 1 Quarter
Dividends declared DividendsCommonStock $10.60M USD 1 Quarter
Dividends declared DividendsCommonStock $11.77M USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueNewIssues $148.00K USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueNewIssues $2.26M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $35.25M USD 1 Quarter
Stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.17M USD 1 Quarter
Stock based compensation StockIssuedDuringPeriodValueShareBasedCompensation $4.14M USD 1 Quarter
Ending Balance StockholdersEquity $1.30B USD Point-in-time
Ending Balance StockholdersEquity $1.49B USD Point-in-time
Ending Balance StockholdersEquity $1.41B USD Point-in-time
Ending Balance StockholdersEquity $1.27B USD Point-in-time

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

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