10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-244199`
Period End Date	20110731
Filing Date	20110909
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	casy-20110731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 28 Cash Flow Statement 63

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$797.91M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$777.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.57M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$139.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$198.10M	USD	Point-in-time
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$22.34M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$20.15M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$163.94M	USD	Point-in-time
Inventories	`InventoryNet`	$159.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.18M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.44M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$11.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$10.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$43.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$338.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$293.89M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$11.82M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$11.72M	USD	Point-in-time
Goodwill	`Goodwill`	$88.04M	USD	Point-in-time
Goodwill	`Goodwill`	$104.21M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $797,914 at July 31, 2011 and of $777,342 at April 30, 2011	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $797,914 at July 31, 2011 and of $777,342 at April 30, 2011	`PropertyPlantAndEquipmentNet`	$1.25B	USD	Point-in-time
Total assets	`Assets`	$1.61B	USD	Point-in-time
Total assets	`Assets`	$1.71B	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	$600.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.17M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$215.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.81M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$77.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$92.46M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$5.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$344.46M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$678.68M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$678.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$203.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$213.50M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$13.86M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$13.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.94M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	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`	$4.00M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$6.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$433.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$399.90M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$439.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$403.90M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.71B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$1.36B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$1.87B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.13B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.61B	USD	1 Quarter
Gross profit	`GrossProfit`	$266.78M	USD	1 Quarter
Gross profit	`GrossProfit`	$233.97M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$171.42M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$152.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$19.56M	USD	1 Quarter
Interest, net	`InterestExpense`	$2.53M	USD	1 Quarter
Interest, net	`InterestExpense`	$8.93M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$63.54M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$59.49M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$24.15M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$22.21M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$39.39M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	50.95M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	38.02M	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	282,287.00	shares	1 Quarter
Plus effect of stock options	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	307,838.00	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.33M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.23M	shares	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$39.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$22.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$19.56M	USD	1 Quarter
Other amortization	`OtherDepreciationAndAmortization`	$385.00K	USD	1 Quarter
Other amortization	`OtherDepreciationAndAmortization`	$292.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$810.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$477.00K	USD	1 Quarter
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-386.00K	USD	1 Quarter
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-112.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.63M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$268.00K	USD	1 Quarter
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$154.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$2.18M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$922.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-1.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.24M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.13M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.26M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.13M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.73M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$15.19M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.74M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-50.32M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-22.76M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$4.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.04M	USD	1 Quarter
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$103.70M	USD	1 Quarter
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$162.86M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.51M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.35M	USD	1 Quarter
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$295.00K	USD	1 Quarter
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$31.11M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$322.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$287.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.36M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.31M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$13.96M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$384.00K	USD	1 Quarter
Net borrowing of short-term debt	`ProceedsFromShortTermDebt`	$-600.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$988.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.32M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$5.10M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$5.71M	USD	1 Quarter
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$154.00K	USD	1 Quarter
Excess tax benefits related to stock option exercises	`TaxBenefitFromStockOptionsExercised`	$268.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.11M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-17.91M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$46.42M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$79.44M	USD	1 Quarter
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.57M	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 beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$139.02M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$198.10M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$59.57M	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`	$139.02M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$198.10M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$126.00K	USD	1 Quarter
Interest, net of amount capitalized	`InterestPaidNet`	$1.85M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$283.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$-36.03M	USD	1 Quarter

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