XML 47 R34.htm IDEA: XBRL DOCUMENT
v3.22.2

Fair Value of Financial Instruments and Long Term Debt - Narrative (Details) |  | 3 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Dec. 23, 2020 USD ($) | Apr. 30, 2022 USD ($) store | Apr. 30, 2022 USD ($) store | Apr. 30, 2021 USD ($) | Apr. 30, 2020 USD ($) | Dec. 16, 2021 store
Debt Instrument |  |  |  |  |  |
Long-term debt and capital lease obligations |  | $ 1,508,000,000 | $ 1,508,000,000 | $ 1,391,000,000 |  |
Interest income |  |  | 48,000 | 168,000 | $ 860,000 |
Capitalized interest |  |  | 2,031,000 | 4,537,000 | $ 5,258,000 |
Current maturities of long-term debt and finance lease obligations |  | 24,466,000 | 24,466,000 | 2,354,000 |  |
Finance lease liabilities (Note 7) |  | $ 74,234,000 | $ 74,234,000 | 14,085,000 |  |
Number of stores | store |  | 2,452 | 2,452 |  |  |
Long-term Debt |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Finance lease liabilities (Note 7) |  | $ 74,234,000 | $ 74,234,000 | 14,085,000 |  |
Pilot |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Number of stores | store |  | 40 | 40 |  |  | 40
Unsecured Revolving Line of Credit | Line of Credit |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | $ 25,000 | $ 25,000 |  |  |
Unsecured Revolving Line of Credit | Letter of Credit |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | 5,492 | 5,492 |  |  |
Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | $ 450,000 | $ 450,000 |  |  |
Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility | Alternate Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Effective percentage |  | 1.00% | 1.00% |  |  |
New Senior Unsecured Term Lon | Line of Credit |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity |  | $ 150,000,000 | $ 150,000,000 |  |  |
Term Loan Facility | Line of Credit |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Maximum borrowing capacity | $ 300,000,000 |  |  |  |  |
Fair value of amount outstanding |  | 265,625,000 | $ 265,625,000 |  |  |
Facility fee percentage repaid quarterly |  |  | 1.25% |  |  |
Payment for Debt Extinguishment or Debt Prepayment Cost |  | 167,500,000 |  |  |  |
Line of Credit | Revolving Credit Facility |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Fair value of amount outstanding |  | 0 | $ 0 |  |  |
Line of Credit | Bank Line |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Fair value of amount outstanding |  | $ 0 | $ 0 | $ 0 |  |
Minimum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Facility fee percentage |  |  | 0.20% |  |  |
Minimum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate |  |  | 1.05% |  |  |
Effective percentage |  | 0.50% | 0.50% |  |  |
Minimum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility | Alternate Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate |  |  | 0.05% |  |  |
Minimum | Term Loan Facility | Line of Credit | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate | 1.55% |  |  |  |  |
Minimum | Term Loan Facility | Line of Credit | Alternate Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate | 0.20% |  |  |  |  |
Maximum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Facility fee percentage |  |  | 0.40% |  |  |
Maximum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate |  |  | 1.85% |  |  |
Maximum | Unsecured Revolving Credit Facility Due January 2024 | Revolving Credit Facility | Alternate Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate |  |  | 0.85% |  |  |
Maximum | Term Loan Facility | Line of Credit | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate | 2.60% |  |  |  |  |
Maximum | Term Loan Facility | Line of Credit | Alternate Base Rate |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |
Basis spread on variable rate | 1.60% |  |  |  |  |

X
- Definition Line Of Credit Facility, Facility Fee, Repaid Quarterly, Percentage + References No definition available. + Details
Name: | casy_LineOfCreditFacilityFacilityFeeRepaidQuarterlyPercentage
Namespace Prefix: | casy_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Present value of lessee's discounted obligation for lease payments from finance lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 45 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123391704&loc=SL77918627-209977 + Details
Name: | us-gaap_FinanceLeaseLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of interest capitalized during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 + Details
Name: | us-gaap_InterestCostsCapitalized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net amount of operating interest income (expense). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.10) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestIncomeExpenseNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of the amount outstanding under the credit facility. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 + Details
Name: | us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. + References No definition available. + Details
Name: | us-gaap_LongTermDebtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the number of stores. + References No definition available. + Details
Name: | us-gaap_NumberOfStores
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtExtinguishmentCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_LongTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=casy_PilotCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=casy_UnsecuredRevolvingLineofCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=casy_UnsecuredRevolvingCreditFacilityDueJanuary2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=casy_AlternateBaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=casy_NewSeniorUnsecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=casy_TermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=casy_BankLineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |