10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-060797`
Period End Date	20110131
Filing Date	20110309
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	casy-20110131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 58 Cash Flow Statement 73

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$760.42M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$706.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.89M	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`	$64.45M	USD	Point-in-time
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$12.11M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$16.20M	USD	Point-in-time
Inventories	`InventoryNet`	$124.95M	USD	Point-in-time
Inventories	`InventoryNet`	$134.72M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.58M	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`	$11.06M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$10.80M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$36.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$310.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$264.51M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$11.74M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$10.23M	USD	Point-in-time
Goodwill	`Goodwill`	$57.55M	USD	Point-in-time
Goodwill	`Goodwill`	$86.42M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $760,421 at January 31, 2011 and of $706,994 at April 30, 2010	`PropertyPlantAndEquipmentNet`	$1.17B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $760,421 at January 31, 2011 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`	$1.53B	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$9.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.32M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$159.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$87.99M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$70.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$257.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$240.89M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$678.86M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$154.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$182.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$141.23M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$12.79M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$13.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15B	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`	$2.91M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$64.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$382.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$759.88M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$824.32M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$385.17M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$4.09B	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$3.46B	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$1.11B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$1.37B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$2.85B	USD	3 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.17B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.42B	USD	3 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$937.78M	USD	1 Quarter
Gross profit	`GrossProfit`	$202.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$663.88M	USD	3 Qtrs
Gross profit	`GrossProfit`	$603.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$176.60M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$457.15M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$127.88M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$151.51M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$391.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.37M	USD	3 Qtrs
Interest, net	`InterestExpense`	$8.16M	USD	3 Qtrs
Interest, net	`InterestExpense`	$2.75M	USD	1 Quarter
Interest, net	`InterestExpense`	$8.91M	USD	1 Quarter
Interest, net	`InterestExpense`	$19.63M	USD	3 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	3 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.35M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$148.83M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.60M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.37M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$43.52M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$10.36M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$8.47M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$53.80M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$95.03M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$71.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$17.24M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.64	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.87	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.63	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.86	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	50.89M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	50.91M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	43.73M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	37.94M	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	185,024.00	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	272,828.00	shares	3 Qtrs
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	305,056.00	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	146,903.00	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.00M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.10M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.24M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.04M	shares	3 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$95.03M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$71.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$17.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$20.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.85M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$18.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.37M	USD	3 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$348.00K	USD	3 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$193.00K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.54M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.30M	USD	3 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$656.00K	USD	3 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$239.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$17.31M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$39.72M	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$274.00K	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$594.00K	USD	3 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	$11.35M	USD	3 Qtrs
Loss on early retirement of debt	`LossOnEarlyRetirementOfDebt`	-	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$4.09M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$773.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.71M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.40M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$292.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$449.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.92M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.39M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-12.86M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$16.40M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-24.18M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.12M	USD	3 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-390.00K	USD	3 Qtrs
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$171.00K	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$182.41M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$164.10M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$101.51M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$155.35M	USD	3 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$28.29M	USD	3 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$101.04M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.25M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.07M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-255.15M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-128.72M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$569.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$68.84M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$16.56M	USD	3 Qtrs
Net borrowings of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$9.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.08M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.46M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$12.98M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$15.34M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$501.03M	USD	3 Qtrs
Payments of prepayment penalties	`PaymentsOfPrepaymentsPenalties`	$11.35M	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$594.00K	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$274.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.18M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.49M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-87.23M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.20M	USD	3 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$152.89M	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`	$64.45M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$152.89M	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`	$64.45M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$16.93M	USD	3 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$7.93M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$38.58M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$27.33M	USD	3 Qtrs

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