Leases - (Tables)

12 Months Ended

Apr. 30, 2025

Lease right-of-use assets outstanding as of April 30, 2025 and 2024 consisted of the following:


		Years ended April 30,
	Classification	2025		2024
Finance lease right-of-use assets	Net property and equipment	$	89,909	$	83,714
Operating lease right-of-use assets	Operating lease right-of-use assets, net	417,046		115,819

Weighted average remaining lease terms and weighted average discount rates on outstanding leases were as follows:


	April 30,
	2025		2024
Weighted-average remaining lease-term - finance lease	15.5		15.4
Weighted-average remaining lease-term - operating lease	19.8		19.1

Weighted-average discount rate - finance lease	4.92	%	4.77	%
Weighted-average discount rate - operating lease	5.89	%	4.91	%

Lease, Cost

The summary of lease-related costs included on the consolidated statements of income is included below:


	Years ended April 30,
	2025		2024		2023
Operating lease cost	$	26,309	$	10,174	$	9,346
Finance lease cost:
Amortization of right-of-use assets	$	10,275	$	10,417	$	5,882
Interest expense on lease liabilities	4,969		4,491		2,966

The summary of cash paid for amounts included in the measurement of liabilities included on the consolidated statements of cash flows and supplementary cash flow information are included below:


	Years ended April 30,
	2025		2024		2023
Operating cash flows required by operating leases	$	28,992	$	8,693	$	7,725
Operating cash flows required by finance leases	4,969		4,491		2,966
Financing cash flows required by finance leases	9,367		9,156		5,345

Right-of-use assets obtained in exchange for new finance lease liabilities	$	16,715	$	17,626	$	25,166
Right-of-use assets obtained in exchange for new operating lease liabilities	316,762		14,646		14,642

Finance Lease, Liability, Maturity

Future minimum payments under the finance leases and operating leases consisted of the following at April 30, 2025:


Years ended April 30,	Finance leases		Operating leases
2026	$	14,838	$	36,918
2027	15,400		39,896
2028	14,485		38,165
2029	7,830		38,063
2030	6,793		38,143
Thereafter	99,905		588,263
Total minimum lease payments	$	159,251	$	779,448
Less amount representing interest	50,331		330,094
Present value of net minimum lease payments	$	108,920	$	449,354

Lessee, Operating Lease, Liability, Maturity

Future minimum payments under the finance leases and operating leases consisted of the following at April 30, 2025:


Years ended April 30,	Finance leases		Operating leases
2026	$	14,838	$	36,918
2027	15,400		39,896
2028	14,485		38,165
2029	7,830		38,063
2030	6,793		38,143
Thereafter	99,905		588,263
Total minimum lease payments	$	159,251	$	779,448
Less amount representing interest	50,331		330,094
Present value of net minimum lease payments	$	108,920	$	449,354

CASEYS GENERAL STORES INC 10-K