CASEY’S GENERAL STORES, INC. CASY Cash Flow

Casey’s general stores, inc. (CASY)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09
Cash flows from operating activities:
Net income
226,967	234,843	219,477	203,886	197,936	349,066	331,369	317,903	328,719	158,589	166,851	177,485	194,451	209,715	231,568	225,982	220,281	221,501	192,337	180,628	160,227	129,757	121,207	126,820	122,339	128,953	120,493	103,814	110,422	111,658	116,431	116,791	116,492	112,668	96,728	94,623	93,788	98,155	110,055	116,962	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
248,848	246,887	245,355	244,387	238,922	234,640	227,441	220,970	215,515	209,625	204,143	197,629	191,591	184,261	177,393	170,937	167,184	163,793	159,261	156,111	149,511	141,767	136,908	131,160	125,514	121,056	115,788	111,823	107,522	103,909	100,193	96,552	92,925	89,078	85,687	82,355	79,073	76,672	75,158	73,546	0	0	0
Other amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	259	241	213	195	163	74	37	347	983	1,102	1,081	988	358	276	257	203	0	0	0
Share-based compensation
19,693	17,009	13,680	16,410	13,533	14,423	19,265	18,800	19,719	19,449	18,033	10,697	8,976	8,988	8,147	7,413	6,808	8,013	7,412	7,307	7,891	5,847	6,188	5,600	5,106	4,630	4,278	4,270	4,300	4,331	4,351	3,792	3,418	2,530	1,733	2,066	1,800	2,008	2,337	2,031	0	0	0
Loss on disposal of assets and impairment charges
-2,340	-1,511	-1,566	-1,384	-1,430	-2,320	-2,486	-2,281	-3,498	-3,095	-2,740	-2,298	-1,333	-1,322	-794	-837	-2,100	-2,047	-1,869	-2,370	-550	-915	-2,172	-2,846	-3,396	-3,464	-4,120	-4,788	-4,499	-3,967	-2,626	-1,428	-882	-657	-194	80	-1,351	-1,322	-576	-456	0	0	0
Deferred income taxes
-45,866	-42,606	-53,184	-45,337	-56,299	85,507	104,537	98,178	97,762	-46,894	-48,914	-45,190	-41,341	-78,522	-68,949	-55,492	-58,631	-37,069	-39,057	-44,711	-34,602	-10,338	-18,004	-17,089	-12,848	-22,804	-30,213	-31,828	-38,790	-48,675	-49,692	-54,589	-145,479	-102,652	-69,439	-60,861	4,243	-16,445	-26,871	-18,171	0	0	0
Excess tax benefits related to stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,190	1,452	1,930	1,791	1,862	1,900	888	1,929	2,280	2,284	2,375	1,162	618	550	762	648	685	586	597	365	0	0	0
Changes in assets and liabilities:
Receivables
5,484	-2,100	-6,932	-7,189	-608	4,377	1,942	1,801	6,965	9,568	12,451	15,543	10,602	1,005	-1,561	5,092	1,723	891	3,323	-3,232	-2,850	5,478	4,413	4,941	5,277	4,272	4,664	-800	2,319	1,532	-1,083	1,546	1,268	4,423	9,304	8,043	4,542	5,664	989	1,223	0	0	0
Inventories
11,189	10,813	7,911	29,648	-6,212	16,294	36,373	38,406	44,409	31,781	19,213	-4,400	19,195	3,298	-9,977	7,390	21,119	4,175	-3,729	-10,365	-25,448	-2,891	9,079	13,696	4,051	17,980	24,449	16,222	20,860	18,082	14,156	8,647	23,005	27,692	30,469	26,527	14,576	23,364	23,290	15,886	0	0	0
Prepaid expenses
4,678	5,860	4,029	1,727	2,555	1,156	689	-3,413	2,471	1,807	2,719	6,171	1,057	2,097	909	983	763	189	1,875	547	814	479	-81	82	139	163	192	98	107	25	198	118	268	268	184	51	70	904	1,739	-87	0	0	0
Accounts payable
25,863	844	6,473	12,451	-38,854	16,712	44,349	14,751	47,746	43,640	3,346	40,332	15,449	-2,629	16,585	3,011	14,264	-5,532	-34,848	-33,290	-31,752	-4,836	3,223	17,894	4,567	15,073	32,600	21,748	12,061	12,028	-25,864	-4,510	25,932	28,953	81,743	70,341	27,427	32,615	38,311	29,898	0	0	0
Accrued expenses
20,892	25,551	14,947	30,927	23,039	3,730	19,964	15,967	11,380	24,908	10,168	14,780	15,251	4,787	21,192	14,983	21,207	-9,102	-18,487	-14,205	-11,427	24,786	24,782	33,818	32,479	27,266	22,181	15,783	6,111	7,626	5,817	7,399	2,369	-2,358	13,970	5,516	22,699	18,597	12,603	-6,567	0	0	0
Income taxes
4,936	3,140	-28,698	-22,545	-18,499	15,497	40,051	30,053	22,687	-1,140	-458	6,226	-4,135	13,628	7,707	-7,064	11,264	-2,155	6,597	7,801	-9,517	-8,176	4,866	441	-7,315	-13,833	-18,265	-9,969	-7,023	5,648	-1,101	-29,508	-19,079	-13,781	3,712	31,266	30,947	369	-33,879	3,649	0	0	0
Other, net
11,617	13,804	19,072	22,527	13,492	15,537	8,553	5,850	13,061	3,432	5,207	5,598	2,467	2,534	208	-132	368	318	325	236	116	25	8	116	19	6	-72	441	137	82	187	-456	-303	106	1,075	42	-185	-321	-1,457	-404	0	0	0
Net cash provided by operating activities
552,565	537,734	559,300	530,614	501,577	482,523	452,729	419,797	439,222	460,752	415,063	459,273	438,896	462,194	528,372	472,386	458,302	415,529	337,651	348,645	343,334	312,243	292,284	314,160	302,475	312,999	318,030	286,328	265,188	264,615	238,551	294,879	303,261	284,722	320,605	261,443	232,382	250,484	243,289	214,068	0	0	0
Cash flows from investing activities:
Purchase of property and equipment
447,441	438,463	398,607	394,699	462,188	527,033	583,363	577,421	534,181	478,587	442,644	433,392	405,860	386,493	374,994	392,839	381,178	375,000	372,086	360,734	358,229	341,433	324,966	308,633	306,723	308,062	305,981	305,301	297,397	286,733	265,136	240,874	243,823	240,947	222,735	214,573	183,080	146,158	137,814	129,233	0	0	0
Payments for acquisition of businesses, net of cash acquired
59,823	71,801	72,227	68,200	31,989	16,969	34,679	37,160	38,100	42,658	25,941	25,473	16,576	12,859	10,117	7,263	8,336	6,869	10,383	41,157	42,074	41,330	60,689	31,584	0	0	0	-	-	-	-	39,444	50,253	123,939	144,387	113,567	118,441	68,530	45,347	45,688	0	0	0
Proceeds from sales of property and equipment
4,723	4,854	4,889	5,069	5,548	6,104	5,518	5,246	5,081	4,711	4,815	4,140	4,504	4,319	4,778	5,134	4,136	3,506	3,479	2,748	3,267	4,377	3,436	3,328	3,342	3,231	3,486	3,544	3,323	2,818	2,381	2,196	2,676	2,272	2,662	2,627	1,942	1,909	1,885	1,769	0	0	0
Net cash used in investing activities
-502,541	-505,410	-465,945	-457,830	-488,629	-537,898	-612,524	-609,335	-567,200	-516,534	-463,770	-454,725	-417,932	-395,033	-380,333	-394,968	-385,378	-378,363	-378,990	-399,143	-397,036	-378,386	-382,219	-336,889	-334,293	-355,593	-333,691	-331,284	-320,990	-288,940	-271,084	-278,122	-291,400	-362,614	-364,460	-325,513	-299,579	-212,779	-181,276	-173,152	0	0	0
Cash flows from financing activities:
Proceeds from long-term debt
-	-	-	-	-	-	-	400,000	400,000	400,000	200,000	100,000	100,000	100,000	50,000	0	0	0	0	-	-	-	-	200,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
17,490	16,939	16,813	16,000	15,430	15,723	15,677	15,688	15,699	15,410	15,404	15,399	15,399	15,399	15,399	15,399	7,894	7,889	428	553	8,177	8,301	15,880	15,865	13,339	13,314	10,783	10,757	5,742	6,012	1,170	1,372	1,528	5,314	55,597	69,172	71,508	69,023	18,757	19,231	0	0	0
Net repayments of short-term debt
26,000	45,800	48,211	35,400	48,200	77,400	49,989	38,700	1,800	1,800	1,800	900	0	0	0	-	-	-	-	-	-	-	-	-59,100	0	0	0	-	-	-	-	-600	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
3,514	4,218	4,403	2,290	1,744	1,458	1,330	1,377	1,183	936	954	2,357	2,097	3,347	3,510	3,717	4,525	4,983	8,957	11,465	10,991	9,181	6,781	3,368	3,424	3,834	2,145	4,721	5,531	5,253	5,409	3,249	2,195	2,254	4,061	3,733	3,620	3,298	1,702	1,239	0	0	0
Payments of cash dividends
44,800	43,642	42,471	41,430	40,565	39,738	39,060	38,780	38,374	38,005	37,493	36,758	36,005	35,193	34,378	33,527	32,706	31,845	30,987	30,175	29,325	27,907	27,096	27,095	25,890	25,885	25,278	24,685	24,684	24,073	23,462	22,849	22,254	21,665	21,077	20,467	19,669	18,874	18,080	17,308	0	0	0
Repurchase of common stock
0	0	0	37,479	108,058	119,549	174,284	214,683	191,997	180,506	125,771	47,893	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholdings on employee share-based awards
7,878	8,872	9,172	5,948	5,181	4,371	4,184	4,426	4,145	4,021	3,968	6,813	6,699	7,523	7,747	4,975	5,195	6,093	6,327	3,339	3,190	1,452	1,930	1,791	1,862	1,900	888	1,929	2,280	2,284	2,375	1,162	618	550	762	648	685	586	441	365	0	0	0
Net cash used in financing activities
-40,654	-40,235	-41,464	-63,167	-117,490	-177,923	45,536	166,500	150,968	162,994	18,318	-3,606	41,194	45,232	-5,154	-50,184	-62,998	-43,136	-28,803	-22,602	-4,821	24,425	15,735	103,099	107,457	116,535	116,972	30,308	35,985	-22,548	-16,848	-20,410	-29,969	-24,175	-15,227	-28,034	-21,248	-27,389	-34,694	-34,935	0	0	0
Net decrease in cash and cash equivalents
9,370	-7,911	51,891	9,617	-104,542	-233,298	-114,259	-23,038	22,990	107,212	-30,389	942	62,158	112,393	142,885	27,234	9,926	-5,970	-70,142	-73,100	-58,523	-41,718	-74,200	80,370	75,639	73,941	101,311	-14,648	-19,817	-46,873	-49,381	-3,653	-18,108	-102,067	-59,082	-92,104	-88,445	10,316	27,319	5,981	0	0	0
Interest, net of amount capitalized
56,588	59,047	57,938	56,306	53,830	51,585	49,289	48,757	45,119	42,631	42,156	41,268	41,706	40,260	40,715	40,401	39,971	40,634	41,188	41,382	41,490	40,488	40,470	36,923	37,558	34,948	35,245	35,226	35,199	35,206	35,376	35,403	35,598	47,105	32,970	34,691	20,680	11,051	11,225	11,677	0	0	0
Income taxes, net
21,344	26,044	-18,231	-11,433	-21,977	-24,617	24,208	24,274	30,374	41,337	43,631	52,961	56,048	43,356	59,093	60,049	72,877	83,847	75,222	64,367	43,423	50,602	49,385	50,031	48,653	35,665	22,069	17,973	17,107	21,867	14,506	-17,973	-18,019	-19,111	-10,205	26,113	37,575	39,007	48,930	48,825	0	0	0
Noncash investing and financing activities:
Purchased property and equipment in accounts payable
23,257	29,094	35,039	15,616	486	3,040	8,786	12,014	14,563	10,466	6,971	10,883	8,383	7,522	10,080	11,619	17,672	26,137	22,263	9,060	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares repurchased in accounts payable
-	-	-	-	-	-	-	2,232	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-