10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-102675`
Period End Date	20120131
Filing Date	20120308
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	casy-20120131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 57 Cash Flow Statement 72

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$777.34M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$838.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.68M	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`	$46.34M	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`	$17.47M	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`	$20.15M	USD	Point-in-time
Inventories	`InventoryNet`	$159.20M	USD	Point-in-time
Inventories	`InventoryNet`	$161.94M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.85M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.18M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$12.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsOther`	$10.40M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$19.80M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$43.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$293.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$259.71M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$11.72M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$11.98M	USD	Point-in-time
Goodwill	`Goodwill`	$104.39M	USD	Point-in-time
Goodwill	`Goodwill`	$88.04M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $838,547 at January 31, 2012 and $777,342 at April 30, 2011	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $838,547 at January 31, 2012 and $777,342 at April 30, 2011	`PropertyPlantAndEquipmentNet`	$1.35B	USD	Point-in-time
Total assets	`Assets`	$1.72B	USD	Point-in-time
Total assets	`Assets`	$1.61B	USD	Point-in-time
Notes payable	`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`	$5.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$215.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$185.18M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$77.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$90.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$281.50M	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`	$673.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$203.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$249.88M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$13.96M	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`	$19.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.21B	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`	$9.14M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$4.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$399.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$476.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$485.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$403.90M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.72B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$1.58B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$5.24B	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$1.37B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$4.09B	USD	3 Qtrs
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`	$1.35B	USD	1 Quarter
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`	$4.48B	USD	3 Qtrs
Gross profit	`GrossProfit`	$663.88M	USD	3 Qtrs
Gross profit	`GrossProfit`	$758.45M	USD	3 Qtrs
Gross profit	`GrossProfit`	$202.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$228.75M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$151.51M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$169.23M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$457.15M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$512.48M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$24.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.37M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$70.94M	USD	3 Qtrs
Interest, net	`InterestExpense`	$19.63M	USD	3 Qtrs
Interest, net	`InterestExpense`	$8.91M	USD	1 Quarter
Interest, net	`InterestExpense`	$8.73M	USD	1 Quarter
Interest, net	`InterestExpense`	$26.44M	USD	3 Qtrs
Loss on early retirement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.35M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.37M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.35M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.17M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$148.59M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$54.87M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$43.52M	USD	3 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$8.47M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$9.47M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$93.72M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$71.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$16.70M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.46	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.64	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.63	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.44	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	43.73M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	38.05M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	38.07M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	37.94M	shares	1 Quarter
Plus effect of stock compensation	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	272,828.00	shares	3 Qtrs
Plus effect of stock compensation	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	305,056.00	shares	1 Quarter
Plus effect of stock compensation	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	383,394.00	shares	1 Quarter
Plus effect of stock compensation	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	342,826.00	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.24M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.46M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.39M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.00M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$93.72M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$71.85M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$16.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$24.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$60.37M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$70.94M	USD	3 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$343.00K	USD	3 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$348.00K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.66M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.30M	USD	3 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.20M	USD	3 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-239.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$39.72M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$44.90M	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$564.00K	USD	3 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$594.00K	USD	3 Qtrs
Loss on early retirement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.35M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-2.68M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$4.09M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-126.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$449.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$666.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.92M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-30.49M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$16.40M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$13.26M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-26.17M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$24.18M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$45.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$390.00K	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$224.23M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$182.41M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$184.60M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$155.35M	USD	3 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$37.73M	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`	$1.29M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.25M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-255.15M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-221.03M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$569.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$1.19M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$68.84M	USD	3 Qtrs
Net borrowings of short-term debt	`ProceedsFromShortTermDebt`	$-600.00K	USD	3 Qtrs
Net borrowings of short-term debt	`ProceedsFromShortTermDebt`	$9.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.46M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.93M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$15.34M	USD	3 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$17.13M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$501.03M	USD	3 Qtrs
Payments of prepayment penalties	`PaymentsOfPrepaymentPenalties`	$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`	$564.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.49M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.43M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-87.23M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-13.23M	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`	$59.57M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.34M	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`	$59.57M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$46.34M	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`	$17.84M	USD	3 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$16.93M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$27.33M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$-16.80M	USD	3 Qtrs

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