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Business Segment
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Business Segment
Business Segment
 
The Company's operations have one operating segment which is Marketing.  The operations include the sale of retail motor fuel products and convenience merchandise along with the wholesale and bulk sale capabilities of our product supply and wholesale group. As the primary purpose of the product supply and wholesale group is to support our retail operations and provide fuel for their daily operation, the bulk and wholesale fuel sales are secondary to the support functions played by these groups. As such, they are all treated as one segment for reporting purposes as they sell the same products. This Marketing segment contains essentially all of the revenue generating functions of the Company. Results not included in the reportable segment include Corporate and Other Assets and Discontinued Operations. The reportable segment was determined based on information reviewed by the Chief Operating Decision Maker (CODM).
 
 
 
 
 
 
 
Three Months Ended
 
 
 
 
June 30, 2016
 
June 30, 2015
 
 
Total Assets at
 
External
 
Income
 
External
 
Income
(Thousands of dollars)
 
June 30,
 
Revenues
 
(Loss)
 
Revenues
 
(Loss)
Marketing
 
$
1,791,859

 
$
3,005,750

 
$
53,442

 
$
3,467,985

 
$
33,468

Corporate and other assets
 
291,987

 
12

 
(7,132
)
 
1

 
(8,648
)
Total continuing operations
 
2,083,846

 
3,005,762

 
46,310

 
3,467,986

 
24,820

Discontinued operations
 

 

 

 

 
1,371

Total
 
$
2,083,846

 
$
3,005,762

 
$
46,310

 
$
3,467,986

 
$
26,191

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
 
 
 
June 30, 2016
 
June 30, 2015
 
 
 
 
External
 
Income
 
External
 
Income
(Thousands of dollars)
 
 
 
Revenues
 
(Loss)
 
Revenues
 
(Loss)
Marketing
 
 
 
$
5,495,808

 
$
145,867

 
$
6,388,489

 
$
58,223

Corporate and other assets
 
 
 
216

 
(13,683
)
 
261

 
(9,886
)
Total operating segment
 
 
 
5,496,024

 
132,184

 
6,388,750

 
48,337

Discontinued operations
 
 
 

 

 

 
786

Total
 
 
 
$
5,496,024

 
$
132,184

 
$
6,388,750

 
$
49,123