10-Q Filing

CASEYS GENERAL STORES INC CIK: 726958 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-466758`
Period End Date	20131031
Filing Date	20131209
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	casy-20131031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 56 Cash Flow Statement 70

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.00B	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$952.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$25.56M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$20.90M	USD	Point-in-time
Inventories	`InventoryNet`	$189.51M	USD	Point-in-time
Inventories	`InventoryNet`	$199.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.40M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.19M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$11.89M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsTaxDeferredExpense`	$9.92M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$9.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$352.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$272.82M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$15.17M	USD	Point-in-time
Other assets, net of amortization	`OtherAssetsNoncurrent`	$14.48M	USD	Point-in-time
Goodwill	`Goodwill`	$119.76M	USD	Point-in-time
Goodwill	`Goodwill`	$114.79M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,002,366 at October 31, 2013 and $952,286 at April 30, 2013	`PropertyPlantAndEquipmentNet`	$1.58B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,002,366 at October 31, 2013 and $952,286 at April 30, 2013	`PropertyPlantAndEquipmentNet`	$1.70B	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Total assets	`Assets`	$2.19B	USD	Point-in-time
Notes payable to bank	`NotesPayableToBankCurrent`	$59.10M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$15.81M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$8.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$230.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.91M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$102.93M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$89.92M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$397.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$343.00M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$653.08M	USD	Point-in-time
Long-term debt, net of current maturities	`LongTermDebtNoncurrent`	$803.82M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$306.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$293.71M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$15.79M	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$16.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$24.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$21.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.49B	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`	$29.78M	USD	Point-in-time
Common stock, no par value	`CommonStockValue`	$23.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$662.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$579.18M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$602.29M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$692.15M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$1.98B	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$2.19B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`SalesRevenueNet`	$1.91B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$4.13B	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$2.02B	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$3.78B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.46B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$3.21B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.69B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation and amortization, shown separately below)	`CostOfGoodsSold`	$1.63B	USD	1 Quarter
Gross profit	`GrossProfit`	$279.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$566.29M	USD	2 Qtrs
Gross profit	`GrossProfit`	$667.81M	USD	2 Qtrs
Gross profit	`GrossProfit`	$322.30M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$216.53M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$432.50M	USD	2 Qtrs
Operating expenses	`OperatingExpenses`	$190.04M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$379.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$27.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$62.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$53.68M	USD	2 Qtrs
Interest, net	`InterestExpense`	$8.64M	USD	1 Quarter
Interest, net	`InterestExpense`	$17.54M	USD	2 Qtrs
Interest, net	`InterestExpense`	$9.75M	USD	1 Quarter
Interest, net	`InterestExpense`	$19.20M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$115.62M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$53.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$63.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$153.19M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$20.63M	USD	1 Quarter
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$56.16M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$43.73M	USD	2 Qtrs
Federal and state income taxes	`IncomeTaxExpenseBenefit`	$22.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$97.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$41.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.86M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.86	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$1.88	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$2.53	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$2.50	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$1.86	USD	2 Qtrs
Basic weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.46M	shares	1 Quarter
Basic weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.42M	shares	2 Qtrs
Basic weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.26M	shares	2 Qtrs
Basic weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.30M	shares	1 Quarter
Plus effect of stock compensation (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	354,434.00	shares	2 Qtrs
Plus effect of stock compensation (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	408,634.00	shares	2 Qtrs
Plus effect of stock compensation (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	432,697.00	shares	1 Quarter
Plus effect of stock compensation (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	353,690.00	shares	1 Quarter
Diluted weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.83M	shares	2 Qtrs
Diluted weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.62M	shares	2 Qtrs
Diluted weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.89M	shares	1 Quarter
Diluted weighted average shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.66M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$71.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$97.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$41.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$62.92M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$53.68M	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$116.00K	USD	2 Qtrs
Other amortization	`OtherDepreciationAndAmortization`	$162.00K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.42M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.06M	USD	2 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.39M	USD	2 Qtrs
Loss on sale and disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.06M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-20.23M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.20M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.51M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.49M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-416.00K	USD	2 Qtrs
Receivables	`IncreaseDecreaseInAccountsReceivable`	$4.66M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.24M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.99M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$734.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$799.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.05M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.63M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.42M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$12.90M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-11.49M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-15.36M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$185.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$620.00K	USD	2 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$158.64M	USD	2 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$185.31M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$162.88M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$160.12M	USD	2 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$24.54M	USD	2 Qtrs
Payments for acquisition of stores, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.31M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$734.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.05M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-162.38M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-186.69M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$150.00M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$5.37M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$7.92M	USD	2 Qtrs
Net payments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Net payments of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-59.10M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.65M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.76M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$12.64M	USD	2 Qtrs
Payments of cash dividends	`PaymentsOfDividends`	$13.84M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.49M	USD	2 Qtrs
Excess tax benefits related to stock option exercises	`DeferredTaxExpenseFromStockOptionsExercised`	$1.51M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.85M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$73.38M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$72.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.59M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$55.92M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$113.27M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$55.92M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$39.33M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$113.27M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$41.27M	USD	Point-in-time
Interest, net of amount capitalized	`InterestPaidNet`	$17.67M	USD	2 Qtrs
Interest, net of amount capitalized	`InterestPaidNet`	$17.39M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$11.99M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$29.68M	USD	2 Qtrs

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