10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-10-277524`
Period End Date	20101031
Filing Date	20101209
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	casy-20101031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 60 Cash Flow Statement 76

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$743.56M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$706.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$177.95M	USD	Point-in-time
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$145.69M	USD	Point-in-time
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$15.33M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$12.11M	USD	Point-in-time
Inventories	`InventoryNet`	$122.35M	USD	Point-in-time
Inventories	`InventoryNet`	$124.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.74M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.13M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$9.42M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$10.98M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$10.43M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$10.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$310.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$349.08M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$10.23M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$10.79M	USD	Point-in-time
Goodwill	`Goodwill`	$68.26M	USD	Point-in-time
Goodwill	`Goodwill`	$57.55M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $743,560 at October 31, 2010 and of $706,994 at April 30, 2010	`PropertyPlantAndEquipmentNet`	$1.08B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $743,560 at October 31, 2010 and of $706,994 at April 30, 2010	`PropertyPlantAndEquipmentNet`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$1.50B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.58M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$5.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$174.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$80.48M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$70.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$259.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$240.89M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$679.16M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$154.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$141.23M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$158.44M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$13.31M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.79M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.89M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$564.46M	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`	$2.22M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$64.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$759.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$374.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$824.32M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$376.72M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.50B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$2.34B	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$2.71B	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$1.35B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$1.15B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$948.60M	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$2.25B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.12B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.92B	USD	2 Qtrs
Gross profit	`GrossProfit`	$206.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$461.35M	USD	2 Qtrs
Gross profit	`GrossProfit`	$426.49M	USD	2 Qtrs
Gross profit	`GrossProfit`	$227.38M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$263.37M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$131.01M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$153.26M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$305.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.53M	USD	1 Quarter
Interest, net	`InterestExpense`	$2.71M	USD	1 Quarter
Interest, net	`InterestExpense`	$10.72M	USD	2 Qtrs
Interest, net	`InterestExpense`	$5.41M	USD	2 Qtrs
Interest, net	`InterestExpense`	$8.20M	USD	1 Quarter
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	1 Quarter
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	2 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	1 Quarter
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.12M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$121.23M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$94.02M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.53M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$20.52M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$12.84M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$35.05M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$43.44M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$77.78M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$33.59M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.69M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$58.98M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.53	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.27	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.26	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.52	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	50.90M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.28M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	50.88M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.62M	shares	2 Qtrs
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	155,107.00	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	287,678.00	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	263,899.00	shares	2 Qtrs
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	137,702.00	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.57M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.02M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.05M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.89M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$77.78M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$33.59M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$21.69M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$58.98M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$39.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.53M	USD	1 Quarter
Other amortization	`OtherDepreciationAndAmortization`	$202.00K	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$275.00K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.06M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.08M	USD	2 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$755.00K	USD	2 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$111.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$13.93M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.65M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$269.00K	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$490.00K	USD	2 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	1 Quarter
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	2 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	1 Quarter
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.22M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.22M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.84M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.37M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-381.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-610.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$26.18M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.90M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$9.07M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-16.10M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.60M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.68M	USD	2 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-65.00K	USD	2 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-18.00K	USD	2 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$129.21M	USD	2 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$165.62M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$70.96M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$87.89M	USD	2 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$27.35M	USD	2 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.51M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$780.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$640.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-114.46M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.83M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$569.00M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$14.79M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$64.59M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.12M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.06M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$10.22M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$8.65M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$501.03M	USD	2 Qtrs
Payments of prepayments penalties	`PaymentsOfPrepaymentsPenalties`	$11.35M	USD	2 Qtrs
Payments of prepayments penalties	`PaymentsOfPrepaymentsPenalties`	-	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$490.00K	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$269.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.12M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.57M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$32.26M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.59M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$188.27M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$177.95M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$145.69M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$188.27M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$177.95M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$145.69M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$5.45M	USD	2 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$6.08M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$17.37M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$27.19M	USD	2 Qtrs

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