CASEYS GENERAL STORES INC Earnings Per Share Disclosure
| Years ended April 30, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Basic | |||||||||||||||||
| Net income | $ | 546,520 | $ | 501,972 | $ | 446,691 | |||||||||||
| Weighted average shares outstanding-basic | 37,116,152 | 37,164,022 | 37,266,851 | ||||||||||||||
| Basic earnings per common share | $ | 14.72 | $ | 13.51 | $ | 11.99 | |||||||||||
| Diluted | |||||||||||||||||
| Net income | $ | 546,520 | $ | 501,972 | $ | 446,691 | |||||||||||
| Weighted-average shares outstanding-basic | 37,116,152 | 37,164,022 | 37,266,851 | ||||||||||||||
| Plus effect of restricted stock units | 226,860 | 206,284 | 252,844 | ||||||||||||||
| Weighted-average shares outstanding-diluted | 37,343,012 | 37,370,306 | 37,519,695 | ||||||||||||||
| Diluted earnings per common share | $ | 14.64 | $ | 13.43 | $ | 11.91 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jun 23, 2025 | Showing above |
| 2024 | Jun 24, 2024 | |
| 2023 | Jun 23, 2023 | |
| 2022 | Jun 24, 2022 | |
| 2021 | Jun 25, 2021 | |
| 2020 | Jun 26, 2020 | |
| 2019 | Jun 28, 2019 | |
| 2018 | Jun 29, 2018 | |
| 2017 | Jun 29, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.