\nCasey\u2019s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq symbol CASY) one of the leading convenience store chains in the United States, today announced financial results for the three and six months ended October 31, 2020.\n<\/p>\n
Second Quarter Key Highlights <\/b><\/p>\n \n\u201cCasey\u2019s had a remarkable second quarter and is well on our way to executing our long-term strategic plan,\u201d said President and CEO Darren Rebelez. \u201cThe Company delivered well-balanced financial results, with contributions from both ongoing strong fuel profitability and inside sales volume and profit improvements. Casey\u2019s also recently announced an agreement for the largest acquisition in the Company\u2019s history, the 94-store Bucky\u2019s chain located primarily in Illinois and Nebraska. Finally, the Board’s decision to raise the dividend is a sign of continuing confidence in the Company\u2019s ability to achieve strong financial results and maintain our already excellent financial flexibility in both the short and long term.\u201d\n<\/p>\n Earnings<\/span><\/b><\/p>\n \n\u00a0\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nNet income (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 111,983 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n81,981\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 232,575 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n167,796\n<\/p>\n<\/td>\n<\/tr>\n \nDiluted earnings per share\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.00 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n2.21\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 6.24 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n4.52\n<\/p>\n<\/td>\n<\/tr>\n \nAdjusted EBITDA (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 223,231 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n184,412\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 460,986 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n370,784\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nNet income, diluted EPS, and Adjusted EBITDA (reconciled later in the document)<\/i> in the second quarter were significantly greater than prior year due to higher fuel margin and inside gross profit, as well as operating 38 more stores than this time last year.\n<\/p>\n Fuel<\/span><\/b><\/p>\n \n\u00a0\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nFuel gallons sold (in thousands)\n<\/p>\n<\/td>\n 577,581 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n614,071\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 1,127,089 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,233,155\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nSame-store gallons sold decrease\n<\/p>\n<\/td>\n (8.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(1.8)\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (11.7)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(2.0)\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nFuel gross profit (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 204,154 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n140,798\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 414,184 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n291,787\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nFuel margin (cents per gallon, excluding credit card fees)\n<\/p>\n<\/td>\n 35.3 <\/b><\/p>\n<\/td>\n \u00a2<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22.9\n<\/p>\n<\/td>\n \n\u00a2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 36.7 <\/b><\/p>\n<\/td>\n \u00a2<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n23.7\n<\/p>\n<\/td>\n \n\u00a2\n<\/p>\n<\/td>\n<\/tr>\n \nSame-store gallons sold were adversely impacted by lower guest traffic due to the COVID-19 pandemic, though volumes improved from first quarter. Fuel gross profit benefited from a higher fuel margin driven in part by the Company’s centralized retail pricing capability and procurement initiatives. The Company sold $3.8 million in renewable fuel credits in the second quarter, comparable to the prior year.\n<\/p>\n Inside<\/span><\/b><\/p>\n \n\u00a0\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nInside sales (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 1,007,048 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n958,408\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 2,009,675 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n1,942,203\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nInside same-store sales increase\n<\/p>\n<\/td>\n 3.5 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.8\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n 1.5 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.7\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nGrocery and other merchandise same-store sales increase\n<\/p>\n<\/td>\n 6.6 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.2\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n 5.0 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.1\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nPrepared food and fountain same-store sales (decrease) increase\n<\/p>\n<\/td>\n (3.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1.9\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n (6.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1.8\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nInside gross profit (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 412,653 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n401,586\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 809,900 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n801,051\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nInside margin\n<\/p>\n<\/td>\n 41.0 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n41.9\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n 40.3 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n41.2\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nGrocery and other merchandise margin\n<\/p>\n<\/td>\n 33.3 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n33.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n 32.7 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nPrepared food and fountain margin\n<\/p>\n<\/td>\n 60.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n60.9\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n 59.9 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n61.6\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nInside same-store sales were driven by strong performance in alcohol, packaged beverage and tobacco, along with continued strength in whole pizza pie sales. This was offset by pressure in the dispensed beverage and bakery categories, though these categories experienced improvements in volume compared to first quarter. Inside sales margin was adversely impacted by the product mix shift from the sales performance noted, but improved sequentially versus first quarter.\n<\/p>\n Operating Expenses<\/span><\/b><\/p>\n \n\u00a0\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nOperating expenses (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 410,348 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n373,383\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 796,436 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n753,224\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCredit card fees (in thousands)\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 38,529 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n38,705\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 74,020 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n79,087\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nSame-store operating expense excluding credit card fees increase (decrease)\n<\/p>\n<\/td>\n 5.4 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.4\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n (0.1)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.0\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nOperating expenses for the quarter were up primarily due to operating 38 more stores than this time last year, as well as incurring $5 million in COVID-related expenses and over $9 million in incremental short and long-term incentive compensation costs due to the strong performance of the Company. Store operating hours were nearly in-line with pre-COVID levels at quarter end.\n<\/p>\n Expansion<\/span><\/b><\/p>\n \n\u00a0\n<\/p>\n<\/td>\n Store Count<\/b><\/p>\n<\/td>\n<\/tr>\n Stores at 4\/30\/2020<\/b><\/p>\n<\/td>\n \n2,207\n<\/p>\n<\/td>\n<\/tr>\n \nNew store construction\n<\/p>\n<\/td>\n \n14\n<\/p>\n<\/td>\n<\/tr>\n \nPrior acquisitions opened\n<\/p>\n<\/td>\n \n1\n<\/p>\n<\/td>\n<\/tr>\n \nClosed\n<\/p>\n<\/td>\n \n(3)\n<\/p>\n<\/td>\n<\/tr>\n Stores at 10\/31\/2020<\/b><\/p>\n<\/td>\n \n2,219\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nCasey\u2019s is on track to close on the previously disclosed 94-store Bucky\u2019s acquisition by the end of the calendar year. The acquisition is a strong strategic fit and is expected to be accretive to earnings in fiscal 2022. In addition, the Company expects to complete the construction of approximately 40 new stores this fiscal year.\n<\/p>\n Liquidity<\/span><\/b><\/p>\n \nAt October 31, the Company had approximately $730 million in available liquidity, consisting of approximately $405 million in cash and cash equivalents on hand and $325 million in borrowing capacity on existing lines of credit. The Company intends to finance the Bucky\u2019s acquisition with existing cash on hand, a new bank term loan with a 5-year maturity, and a temporary draw on its line of credit.\n<\/p>\n Share Repurchase<\/span><\/b><\/p>\n \nThe Company has $300 million remaining under its existing share repurchase program. There were no repurchases made against that authorization in the second quarter.\n<\/p>\n Dividend<\/span><\/b><\/p>\n \nAt its December meeting, the Board of Directors voted to increase the quarterly dividend 6% to $0.34 per share. The dividend is payable February 15, 2021 to shareholders of record on February 1, 2021.\n<\/p>\n Casey\u2019s General Stores, Inc. and Subsidiaries<\/b><\/p>\n Condensed Consolidated Statements of Income<\/b><\/p>\n \n(Dollars in thousands, except share and per share amounts)\n<\/p>\n \n(Unaudited)\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nTotal revenue\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 2,215,905 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n2,487,586\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 4,320,926 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n5,114,215\n<\/p>\n<\/td>\n<\/tr>\n \nCost of goods sold (exclusive of depreciation and amortization, shown separately below)\n<\/p>\n<\/td>\n 1,584,145 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,930,521\n<\/p>\n<\/td>\n 3,065,663 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3,991,464\n<\/p>\n<\/td>\n<\/tr>\n \nOperating expenses\n<\/p>\n<\/td>\n 410,348 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n373,383\n<\/p>\n<\/td>\n 796,436 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n753,224\n<\/p>\n<\/td>\n<\/tr>\n \nDepreciation and amortization\n<\/p>\n<\/td>\n 64,294 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62,888\n<\/p>\n<\/td>\n 130,114 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n122,696\n<\/p>\n<\/td>\n<\/tr>\n \nInterest, net\n<\/p>\n<\/td>\n 10,634 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n12,683\n<\/p>\n<\/td>\n 24,041 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n26,404\n<\/p>\n<\/td>\n<\/tr>\n \nIncome before income taxes\n<\/p>\n<\/td>\n 146,484 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n108,111\n<\/p>\n<\/td>\n 304,672 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n220,427\n<\/p>\n<\/td>\n<\/tr>\n \nFederal and state income taxes\n<\/p>\n<\/td>\n 34,501 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n26,130\n<\/p>\n<\/td>\n 72,097 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n52,631\n<\/p>\n<\/td>\n<\/tr>\n \nNet income\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 111,983 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n81,981\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 232,575 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n167,796\n<\/p>\n<\/td>\n<\/tr>\n \nNet income per common share\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nBasic\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.02 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n2.22\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 6.29 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n4.55\n<\/p>\n<\/td>\n<\/tr>\n \nDiluted\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.00 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n2.21\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 6.24 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n4.52\n<\/p>\n<\/td>\n<\/tr>\n \nBasic weighted average shares\n<\/p>\n<\/td>\n 37,030,921 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n36,916,937\n<\/p>\n<\/td>\n 37,002,901 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n36,891,324\n<\/p>\n<\/td>\n<\/tr>\n \nPlus effect of stock compensation\n<\/p>\n<\/td>\n 245,962 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n219,248\n<\/p>\n<\/td>\n 245,749 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n218,189\n<\/p>\n<\/td>\n<\/tr>\n \nDiluted weighted average shares\n<\/p>\n<\/td>\n 37,276,883 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n37,136,185\n<\/p>\n<\/td>\n 37,248,650 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n37,109,513\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Casey\u2019s General Stores, Inc. and Subsidiaries<\/b><\/p>\n Condensed Consolidated Balance Sheets<\/b><\/p>\n \n(Dollars in thousands)\n<\/p>\n \n(Unaudited)\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n October 31, 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nApril 30, 2020\n<\/p>\n<\/td>\n<\/tr>\n Assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCurrent assets\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCash and cash equivalents\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 404,685 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n78,275\n<\/p>\n<\/td>\n<\/tr>\n \nReceivables\n<\/p>\n<\/td>\n 56,109 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n48,500\n<\/p>\n<\/td>\n<\/tr>\n \nInventories\n<\/p>\n<\/td>\n 249,842 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n236,007\n<\/p>\n<\/td>\n<\/tr>\n \nPrepaid expenses\n<\/p>\n<\/td>\n 18,182 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n9,801\n<\/p>\n<\/td>\n<\/tr>\n \nIncome taxes receivable\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n14,667\n<\/p>\n<\/td>\n<\/tr>\n Total current assets<\/i><\/p>\n<\/td>\n 728,818 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n387,250\n<\/p>\n<\/td>\n<\/tr>\n \nOther assets, net of amortization\n<\/p>\n<\/td>\n 72,198 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n71,766\n<\/p>\n<\/td>\n<\/tr>\n \nGoodwill\n<\/p>\n<\/td>\n 161,075 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n161,075\n<\/p>\n<\/td>\n<\/tr>\n \nProperty and equipment, net of accumulated depreciation of $2,104,012 at October 31, 2020 and $2,037,708 at April 30, 2020\n<\/p>\n<\/td>\n 3,361,577 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3,323,801\n<\/p>\n<\/td>\n<\/tr>\n Total assets<\/i><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 4,323,668 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n3,943,892\n<\/p>\n<\/td>\n<\/tr>\n Liabilities and Shareholders\u2019 Equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCurrent liabilities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nLines of credit\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n120,000\n<\/p>\n<\/td>\n<\/tr>\n \nCurrent maturities of long-term debt and finance lease obligations\n<\/p>\n<\/td>\n 2,297 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n570,280\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts payable\n<\/p>\n<\/td>\n 323,662 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n184,800\n<\/p>\n<\/td>\n<\/tr>\n \nAccrued expenses\n<\/p>\n<\/td>\n 229,311 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n188,348\n<\/p>\n<\/td>\n<\/tr>\n \nIncome taxes payable\n<\/p>\n<\/td>\n 6,739 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u2014\n<\/p>\n<\/td>\n<\/tr>\n Total current liabilities<\/i><\/p>\n<\/td>\n 562,009 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,063,428\n<\/p>\n<\/td>\n<\/tr>\n \nLong-term debt and finance lease obligations, net of current maturities\n<\/p>\n<\/td>\n 1,361,925 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n714,502\n<\/p>\n<\/td>\n<\/tr>\n \nDeferred income taxes\n<\/p>\n<\/td>\n 451,205 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n435,598\n<\/p>\n<\/td>\n<\/tr>\n \nDeferred compensation\n<\/p>\n<\/td>\n 14,365 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n13,604\n<\/p>\n<\/td>\n<\/tr>\n \nInsurance accruals, net of current portion\n<\/p>\n<\/td>\n 20,924 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22,862\n<\/p>\n<\/td>\n<\/tr>\n \nOther long-term liabilities\n<\/p>\n<\/td>\n 53,389 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n50,693\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities<\/i><\/p>\n<\/td>\n 2,463,817 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2,300,687\n<\/p>\n<\/td>\n<\/tr>\n \nTotal shareholders\u2019 equity\n<\/p>\n<\/td>\n 1,859,851 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,643,205\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities and shareholders\u2019 equity<\/i><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 4,323,668 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n3,943,892\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Casey\u2019s General Stores, Inc. and Subsidiaries<\/b><\/p>\n Condensed Consolidated Statements of Cash Flows<\/b><\/p>\n \n(Dollars in thousands)\n<\/p>\n \n(Unaudited)\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nSix months ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nCash flows from operating activities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nNet income\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 232,575<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n167,796\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAdjustments to reconcile net income to net cash provided by operating activities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nDepreciation and amortization\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 130,114<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n122,696\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nShare-based compensation\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 14,492<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n9,922\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nLoss on disposal of assets and impairment charges\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 2,159<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,257\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nDeferred income taxes\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 15,607<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n31,483\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nChanges in assets and liabilities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nReceivables\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (7,609<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(6,919\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nInventories\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (13,835<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,912\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nPrepaid expenses\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (8,381<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(6,290\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts payable\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 125,719<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(9,577\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nAccrued expenses\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 39,177<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(8,706\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nIncome taxes\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 22,924<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n9,475\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nOther, net\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (985<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(1,640\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nNet cash provided by operating activities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 551,957<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n311,409\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCash flows from investing activities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nPurchase of property and equipment\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (158,815<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(242,173\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nPayments for acquisition of businesses, net of cash acquired\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(6,191\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nProceeds from sales of property and equipment\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 2,667<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2,940\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nNet cash used in investing activities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (156,148<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(245,424\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nCash flows from financing activities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nProceeds from long-term debt\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 650,000<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u2014\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nRepayments of long-term debt\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (570,738<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(8,682\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nNet payments of short-term debt\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (120,000<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(50,000\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nProceeds from exercise of stock options\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 1,253<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2,307\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nProceeds from capital grant\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 1,594<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u2014\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nPayments of cash dividends\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (23,591<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(22,405\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nTax withholdings on employee share-based awards\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (7,917<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(6,525\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nNet cash used in financing activities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (69,399<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(85,305\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nNet increase (decrease) in cash and cash equivalents\n<\/p>\n<\/td>\n 326,410<\/b><\/p>\n<\/td>\n \n(19,320\n<\/p>\n<\/td>\n \n)\n<\/p>\n<\/td>\n<\/tr>\n \nCash and cash equivalents at beginning of the period\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 78,275<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n63,296\n<\/p>\n<\/td>\n \nCash and cash equivalents at end of the period\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 404,685<\/b><\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n43,976\n<\/p>\n<\/td>\n SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nSix months ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nCash paid during the period for:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nInterest, net of amount capitalized\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 26,535 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n26,997\n<\/p>\n<\/td>\n<\/tr>\n \nIncome taxes, net\n<\/p>\n<\/td>\n 31,956 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n10,000\n<\/p>\n<\/td>\n<\/tr>\n \nNoncash investing and financing activities:\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nPurchased property and equipment in accounts payable\n<\/p>\n<\/td>\n 18,471 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n17,067\n<\/p>\n<\/td>\n<\/tr>\n \nRight-of-use assets obtained in exchange for new finance lease liabilities\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n831\n<\/p>\n<\/td>\n<\/tr>\n \nRight-of-use assets obtained in exchange for new operating lease liabilities\n<\/p>\n<\/td>\n 1,109 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u2014\n<\/p>\n<\/td>\n<\/tr>\n \nNon-cash additions from adoption of ASC 842\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22,635\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Summary by Category<\/b> (Amounts in thousands)\n<\/p>\n<\/td>\n<\/tr>\n Three months ended 10\/31\/2020<\/b><\/p>\n<\/td>\n Fuel<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Grocery & \n\u00a0\n<\/p>\n<\/td>\n Prepared Food \n\u00a0\n<\/p>\n<\/td>\n Other<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n Revenue<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 1,193,491 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 718,226 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 288,822 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 15,366 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 2,215,905 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Gross profit<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 204,154 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 238,992 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 173,661 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 14,953 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 631,760 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 17.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 33.3 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 60.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 97.3 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 28.5 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n<\/tr>\n Fuel gallons sold<\/b><\/p>\n<\/td>\n 577,581 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nThree months ended 10\/31\/2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nRevenue\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n1,514,474\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n660,562\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n297,846\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n14,704\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n2,487,586\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nGross profit\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n140,798\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n220,134\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n181,452\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n14,681\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n557,065\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n9.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n33.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n60.9\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n99.8\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22.4\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nFuel gallons sold\n<\/p>\n<\/td>\n \n614,071\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Summary by Category<\/b> (Amounts in thousands)\n<\/p>\n<\/td>\n<\/tr>\n Six months ended 10\/31\/2020<\/b><\/p>\n<\/td>\n Fuel<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Grocery & Other \n\u00a0\n<\/p>\n<\/td>\n Prepared Food \n\u00a0\n<\/p>\n<\/td>\n Other<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Total<\/b><\/p>\n<\/td>\n<\/tr>\n Revenue<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 2,279,472 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 1,450,087 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 559,588 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 31,779 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 4,320,926 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Gross profit<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 414,184 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 474,591 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 335,309 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 31,179 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 1,255,263 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 18.2 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 32.7 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 59.9 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 98.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 29.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n<\/tr>\n Fuel gallons sold<\/b><\/p>\n<\/td>\n 1,127,089 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nSix months ended 10\/31\/2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nRevenue\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n3,142,042\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n1,348,480\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n593,723\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n29,970\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n5,114,215\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nGross profit\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n291,787\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n435,587\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n365,464\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n29,913\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n1,122,751\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n9.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32.3\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n61.6\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n99.8\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22.0\n<\/p>\n<\/td>\n \n%\n<\/p>\n<\/td>\n<\/tr>\n \nFuel gallons sold\n<\/p>\n<\/td>\n \n1,233,155\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Fuel Gallons<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Fuel Margin<\/b><\/p>\n<\/td>\n<\/tr>\n Same-store Sales<\/b><\/p>\n<\/td>\n (Cents per gallon, excluding credit card fees)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal F2021<\/b><\/p>\n<\/td>\n (14.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (8.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n F2021<\/b><\/p>\n<\/td>\n 38.2 <\/b><\/p>\n<\/td>\n \u00a2<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 35.3 <\/b><\/p>\n<\/td>\n \u00a2<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nF2020\n<\/p>\n<\/td>\n \n(2.0)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(1.8)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(2.0)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(14.7)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (5.1)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \nF2020\n<\/p>\n<\/td>\n \n24.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n21.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n40.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 26.8 <\/b><\/p>\n<\/td>\n \u00a2<\/b><\/p>\n<\/td>\n<\/tr>\n \nF2019\n<\/p>\n<\/td>\n \n0.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(1.1)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(3.4)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(2.8)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(1.7)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nF2019\n<\/p>\n<\/td>\n \n20.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n20.0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n22.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n18.6\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n20.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Grocery & Other Merchandise<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Grocery & Other Merchandise<\/b><\/p>\n<\/td>\n<\/tr>\n Same-store Sales<\/b><\/p>\n<\/td>\n Margin<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal F2021<\/b><\/p>\n<\/td>\n 3.6 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 6.6 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n F2021<\/b><\/p>\n<\/td>\n 32.2 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 33.3 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nF2020\n<\/p>\n<\/td>\n \n3.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(2.0)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 1.9 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \nF2020\n<\/p>\n<\/td>\n \n31.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n33.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n30.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 32.0 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n<\/tr>\n \nF2019\n<\/p>\n<\/td>\n \n3.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n5.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n3.6\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nF2019\n<\/p>\n<\/td>\n \n32.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n31.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n31.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32.1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Prepared Food & Fountain<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Prepared Food & Fountain<\/b><\/p>\n<\/td>\n<\/tr>\n Same-store Sales<\/b><\/p>\n<\/td>\n Margin<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal \n\u00a0\n<\/p>\n<\/td>\n \nQ1\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nQ4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nFiscal F2021<\/b><\/p>\n<\/td>\n (9.8)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (3.6)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n F2021<\/b><\/p>\n<\/td>\n 59.7 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 60.1 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \u2014 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nF2020\n<\/p>\n<\/td>\n \n1.6\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.8\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n(13.5)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n (1.5)<\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n \nF2020\n<\/p>\n<\/td>\n \n62.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n60.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n60.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n60.0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n 60.9 <\/b><\/p>\n<\/td>\n %<\/b><\/p>\n<\/td>\n<\/tr>\n \nF2019\n<\/p>\n<\/td>\n \n1.7\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1.5\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2.0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1.9\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nF2019\n<\/p>\n<\/td>\n \n62.0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62.4\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62.3\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62.2\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n RECONCILIATION OF NET INCOME TO EBITDA AND ADJUSTED EBITDA<\/b><\/p>\n \nWe define EBITDA as net income before net interest expense, income taxes, depreciation and amortization. Adjusted EBITDA further adjusts EBITDA by excluding the gain or loss on disposal of assets as well as impairment charges. Neither EBITDA nor Adjusted EBITDA are considered GAAP measures, and should not be considered as a substitute for net income, cash flows from operating activities or other income or cash flow statement data. These measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP. We strongly encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.\n<\/p>\n \nWe believe EBITDA and Adjusted EBITDA are useful to investors in evaluating our operating performance because securities analysts and other interested parties use such calculations as a measure of financial performance and debt service capabilities, and they are regularly used by management for internal purposes including our capital budgeting process, evaluating acquisition targets, and assessing performance.\n<\/p>\n \nBecause non-GAAP financial measures are not standardized, EBITDA and Adjusted EBITDA, as defined by us, may not be comparable to similarly titled measures reported by other companies. It therefore may not be possible to compare our use of these non-GAAP financial measures with those used by other companies.\n<\/p>\n \nThe following table contains a reconciliation of net income to EBITDA and Adjusted EBITDA for the three and six months ended October 31, 2020 and 2019:\n<\/p>\n \n(In thousands)\n<\/p>\n<\/td>\n \nThree Months Ended October 31,\n<\/p>\n<\/td>\n \nSix Months Ended October 31,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n<\/tr>\n \nNet income\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 111,983 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n81,981\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 232,575 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n167,796\n<\/p>\n<\/td>\n<\/tr>\n \nInterest, net\n<\/p>\n<\/td>\n 10,634 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n12,683\n<\/p>\n<\/td>\n 24,041 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n26,404\n<\/p>\n<\/td>\n<\/tr>\n \nDepreciation and amortization\n<\/p>\n<\/td>\n 64,294 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n62,888\n<\/p>\n<\/td>\n 130,114 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n122,696\n<\/p>\n<\/td>\n<\/tr>\n \nFederal and state income taxes\n<\/p>\n<\/td>\n 34,501 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n26,130\n<\/p>\n<\/td>\n 72,097 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n52,631\n<\/p>\n<\/td>\n<\/tr>\n \nEBITDA\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 221,412 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n183,682\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 458,827 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n369,527\n<\/p>\n<\/td>\n<\/tr>\n \nLoss on disposal of assets and impairment charges\n<\/p>\n<\/td>\n 1,819 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n730\n<\/p>\n<\/td>\n 2,159 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,257\n<\/p>\n<\/td>\n<\/tr>\n \nAdjusted EBITDA\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 223,231 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n184,412\n<\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 460,986 <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n$\n<\/p>\n<\/td>\n \n370,784\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n NOTES:<\/b><\/p>\n This release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to the acquisition, expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and\/or integration strategies, plans and synergies, supply chain, growth opportunities, performance at our stores, and the potential effect of COVID-19. There are a number of known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from any future results expressed or implied by those forward-looking statements, including but not limited to integration of the acquisition, executing our strategic plan, the impact and duration of COVID-19 and related governmental actions, as well as other risks, uncertainties and factors which are described in the Company\u2019s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission and available on our website. Any forward-looking statements contained in this release represent our current views as of the date of this release with respect to future events, and Casey\u2019s disclaims any intention or obligation to update or revise any forward-looking statements in the release whether as a result of new information, future events, or otherwise.<\/i><\/p>\n Corporate information is available at this website: https:\/\/www.caseys.com<\/a><\/span>. Earnings will be reported during a conference call on December 8, 2020. The call will be broadcast live over the Internet at 7:30 a.m. CST. To access the call, go to the Events and Presentations section of our website at https:\/\/investor.caseys.com\/events-and-presentations\/default.aspx<\/a>. No access code is required. A webcast replay of the call will remain available in an archived format on the Events and Presentations section of our website at https:\/\/investor.caseys.com\/events-and-presentations\/default.aspx<\/a> for one year after the call.<\/i><\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201207005906\/en\/<\/a><\/span><\/p>\n Investor Relations Contact: Media Relations Contact: KEYWORDS:<\/b> Iowa United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Supermarket Retail Convenience Store Food\/Beverage<\/p>\n\n
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\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
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\n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n <\/tr>\n<\/table>\n \n
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Other
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Merchandise<\/b><\/p>\n<\/td>\n\n \n
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& Fountain<\/b><\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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Merchandise<\/b><\/p>\n<\/td>\n\n \n
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& Fountain<\/b><\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n<\/tr>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n<\/tr>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n
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Year\n<\/p>\n<\/td>\n<\/tr>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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<\/p>\n
\n<\/b>
Brian Johnson (515) 965-6587<\/b><\/p>\n
\n<\/b>
Katie Petru (515) 446-6772<\/b><\/p>\n
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