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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 83,608 $ 73,706
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 54,813 50,702
Non-cash lease expense 3,619 1,901
Amortization of marketing contract intangible 0 3,605
Amortization of deferred revenue (1,660) (1,297)
Amortization of deferred financing costs and debt discount 2,667 2,621
Income from equity method investments (20,686) (16,372)
Dividends from equity method investments 11,722 19,125
Loss on extinguishment of debt 0 3,571
Other non-cash adjustments (632) (4,583)
Changes in assets and liabilities:    
Accounts receivable (26,364) (7,837)
Inventories and other current assets (1,537) 34
Accounts payable and other current liabilities 322,980 14,013
Accounts receivable/payable to related parties (297,545) (10,650)
Net investment in leases - affiliate 8,279 0
Non-current assets and liabilities, net (291) 2,958
Net cash provided by operating activities 138,973 131,497
Cash flows from investing activities:    
Purchases of property, plant and equipment (169,948) (26,407)
Proceeds from sales of property, plant and equipment 4,892 9,544
Purchases of intangible assets (7,017) (1,231)
Business combination, net of cash acquired (181,180) 0
Distributions from equity method investments 5,570 2,673
Net cash used in investing activities (347,683) (15,421)
Cash flows from financing activities:    
Distributions to common unitholders - public (43,335) (23,905)
Distributions to common unitholders - Delek Holdings (75,287) (72,911)
Proceeds from term debt 700,000 852,500
Payments on term debt 0 (531,250)
Proceeds from revolving facility 829,900 283,900
Payments on revolving facility (1,184,450) (734,200)
Unit repurchase (10,000) 0
Proceeds from issuance of common units, net of underwriters' discount 0 132,202
Payments on other financing agreements 0 (6,214)
Deferred financing costs paid (10,788) (14,164)
Other financing activities (1,278) (678)
Net cash provided by (used in) financing activities 204,762 (114,720)
Net (decrease) increase in cash and cash equivalents (3,948) 1,356
Cash and cash equivalents at the beginning of the period 5,384 3,755
Cash and cash equivalents at the end of the period 1,436 5,111
Cash paid during the period for:    
Interest 81,146 49,553
Non-cash investing activities:    
Inventory received in connection with DPG Dropdown 6,860 0
Forgiveness of related party receivable in connection with DPG Dropdown 58,800 0
Common units issued in connection with Gravity Acquisition 91,511 0
Increase (decrease) in accrued capital expenditures 21,184 (1,055)
Non-cash financing activities:    
Lease liability arising from obtaining right-of-use assets during the period 21,221 1,437
Decrease in right-of-use assets due to lease terminations during the period $ 1,176 $ 0