Basis of Presentation (Policies) |
3 Months Ended |
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Jul. 31, 2026 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Basis of Presentation | The accompanying condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to such rules and regulations. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
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| Reclassifications | In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments necessary to present fairly the financial position as of July 31, 2026 and April 30, 2026, the results of operations for the three months ended July 31, 2026 and 2025, and shareholders' equity and cash flows for the three months ended July 31, 2026 and 2025. Although management believes that the disclosures are adequate to make the information presented not misleading, it is suggested that these interim condensed consolidated financial statements be read in conjunction with the Company’s most recent audited financial statements and notes thereto. |
| Revenue Recognition | The Company recognizes retail sales of prepared food and dispensed beverage, grocery and general merchandise, fuel and other revenue at the time of the sale to the guest. Sales taxes collected from guests and remitted to the government are recorded on a net basis in the condensed consolidated statements of income. A portion of revenue from sales that include points under our Casey’s Rewards program is deferred. The deferred portion of the sale represents the value of the estimated future redemption of the points. The amounts related to points are deferred until their redemption or expiration. Revenue related to the points issued is expected to be recognized less than one year from the original sale to the guest. As of July 31, 2026 and April 30, 2026, the Company recognized a contract liability of $74,734 and $72,695, respectively, primarily related to the Casey's Rewards program, which is included in accrued expenses and current portion of operating lease liabilities on the condensed consolidated balance sheets. The Company often receives vendor allowances on the basis of quantitative contract terms that vary by product and vendor or directly on the basis of purchases made. Vendor allowances include rebates and other funds received from vendors to promote their products. These amounts are recognized in the period earned based on the applicable rebate agreement. Reimbursements of an operating expense (e.g., advertising) are recorded as reductions of the related expense. RINs are assigned to gallons of renewable fuels produced and are used to track compliance with the U.S. Renewable Fuel Standard ("RFS"). At times, we purchase fuel components (ethanol, gasoline, biodiesel or diesel) and blend those components into a finished product. This process enables the Company to detach the RIN assigned to each gallon of ethanol or biodiesel and sell it in a transaction separate from the eventual sale of the related biofuel. Since we are not an obligated party under the RFS, the Company sells all RINs through exchange transactions. As a result, the Company has recognized the RINs as noncompliance environmental credits. The Company has elected to utilize the accounting policy election to measure these noncompliance environmental credits at fair value as of the reporting date. The fair value of RINs recognized are based upon quoted market prices for RINs in active markets, which are considered Level 1 inputs within the fair value hierarchy, and are recorded on the condensed consolidated balance sheets within prepaid and other current assets. As of July 31, 2026 and April 30, 2026, outstanding balances were immaterial to the financial statements. When RINs are sold or adjusted to fair value, the gains or losses recognized are recognized through cost of goods sold within the condensed consolidated statements of income. The Company did not recognize any impairment losses on these assets for the three months ended July 31, 2026, and 2025.
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| New Accounting Pronouncements | During the quarter, the Company elected to early adopt ASU 2026‑02, Environmental Credits and Environmental Credit Obligations (Topic 818). The standard establishes guidance for the recognition, measurement, presentation, and disclosure of environmental credits and environmental credit obligations. The new standard impacts the Company's accounting for renewable identification numbers ("RINs"). The Company adopted the guidance on a retrospective basis effective May 1, 2026. The effect of applying the guidance to prior-period financial statements was not material and no cumulative-effect adjustment to the opening balance of retained earnings was required. Refer to Note 3 for the required disclosures and details of the new accounting policy.
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