01—Abstract
Summary
Summary of the 10-K/A filed June 29, 2015. Cited figures are marked; the original filing is the authoritative source.
Casey's General Stores, Inc. (CASY) filed its Amendment No. 1 to its 2015 Form 10-K on June 29, 2015, primarily to include two inadvertently omitted exhibits from the original filing on June 26, 2015.
The company operates a significant chain of convenience stores, primarily in the Midwest. As of April 30, 2015, Casey's reported approximately $3.2 billiona in market capitalization based on its common stock value.
02—Key points
Key Highlights
- Casey's General Stores, Inc. is a large accelerated filer, indicating a substantial market presence and adherence to rigorous SEC reporting standards.
- The company's common stock is traded on the NASDAQ under the ticker symbol CASY.
- The filing is an amendment (10-K/A) to correct an omission of exhibits, not to restate financial results or disclose new material events as of the amendment date.
- As of April 30, 2015, the company had approximately 38.9 million shares of common stock outstanding.
- The aggregate market value of non-affiliate shares as of October 31, 2014, was approximately $3.2 billion, demonstrating significant investor confidence and market valuation.
- The company is incorporated in Iowa and has its principal executive offices in Ankeny, Iowa.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-K/AFY2015filed June 29, 2015Financial Statements
FY2015 against FY2014
| Line item | FY2015FY2014 | Change |
|---|---|---|
| Revenue | $7.77B$7.84B | −0.9% |
| Cost of Revenue | $6.33B$6.62B | −4.4% |
| Gross Profit | $1.44B$1.22B | +17.8% |
| Operating Expenses | $960.42M$857.30M | +12.0% |
| Interest Expense | $41.23M$39.91M | +3.3% |
| Net Income | $180.63M$126.82M | +42.4% |
| EPS (Basic) | $4.66$3.30 | +41.2% |
| EPS (Diluted) | $4.62$3.26 | +41.7% |
| Shares Outstanding (Basic) | 38.74M38.46M | +0.7% |
| Shares Outstanding (Diluted) | 39.10M38.87M | +0.6% |
05—Questions
Frequently Asked Questions
What is the primary reason for this amended 10-K filing?
The primary reason for filing Amendment No. 1 to the 10-K is to include two exhibits that were inadvertently omitted from the original filing. The core financial information and operational details from the original report remain unchanged.
What is Casey's General Stores' market position based on this filing?
Based on its classification as a 'large accelerated filer' and a market capitalization of approximately $3.2 billion as of October 31, 2014, Casey's General Stores holds a significant position in the market, indicating substantial revenue and market value.
Where is Casey's General Stores' stock traded?
Casey's General Stores, Inc.'s common stock is registered and traded on the NASDAQ stock exchange.
What was the total number of outstanding shares as of the fiscal year end?
As of June 22, 2015, Casey's General Stores had 38,923,505 shares of common stock outstanding.
06—Continue