XML 31 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Business Segment
 9 Months Ended
Sep. 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
 
 
 
 
September 30, 2016
 
September 30, 2015
 
 
Total Assets at
 
External
 
Income
 
External
 
Income
(Thousands of dollars)
 
September 30,
 
Revenues
 
(Loss)
 
Revenues
 
(Loss)
Marketing
 
$
1,778,818

 
$
3,042,727

 
$
52,755

 
$
3,382,500

 
$
65,785

Corporate and other assets
 
278,011

 
11

 
(7,264
)
 
7

 
(5,764
)
Total continuing operations
 
2,056,829

 
3,042,738

 
45,491

 
3,382,507

 
60,021

Discontinued operations
 
—

 
—

 
—

 
—

 
510

Total
 
$
2,056,829

 
$
3,042,738

 
$
45,491

 
$
3,382,507

 
$
60,531

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
 
 
 
 
September 30, 2016
 
September 30, 2015
 
 
 
 
External
 
Income
 
External
 
Income
(Thousands of dollars)
 
 
 
Revenues
 
(Loss)
 
Revenues
 
(Loss)
Marketing
 
 
 
$
8,538,535

 
$
198,622

 
$
9,770,989

 
$
124,008

Corporate and other assets
 
 
 
227

 
(20,947
)
 
268

 
(15,650
)
Total operating segment
 
 
 
8,538,762

 
177,675

 
9,771,257

 
108,358

Discontinued operations
 
 
 
—

 
—

 
—

 
1,296

Total
 
 
 
$
8,538,762

 
$
177,675

 
$
9,771,257

 
$
109,654