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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Sales | $ 18,561,421 | $ 17,163,566 | $ 16,492,174
Cost of sales | 17,499,368 | 16,105,670 | 15,518,534
Gross profit | 1,062,053 | 1,057,896 | 973,640
Costs and operating expenses: |  |  |
Selling, general and administrative expenses | 305,702 | 292,073 | 273,733
Operating expenses | 519,450 | 515,327 | 450,627
Amortization expense | 5,332 | 8,275 | 8,136
Net gain on sale and disposition of assets | (3,326) | (9,494) | (2,626)
Long-lived asset impairment | 231 | 492 | 0
Total costs and operating expenses | 827,389 | 806,673 | 729,870
Operating income | 234,664 | 251,223 | 243,770
Other income (loss) and (expense): |  |  |
Income (loss) from equity method investments | 4,509 | (1,514) | 2,503
Interest expense | (137,162) | (134,773) | (85,631)
Loss on early extinguishment of debt | (2,971) |  |
Income before income tax expense | 99,040 | 114,936 | 160,642
Income tax expense | (1,063) | (4,609) | (8,136)
Net income | 97,977 | 110,327 | 152,506
Less: General partner's interest in net income, including incentive distribution rights | 18,759 | 15,344 | 9,908
Preferred Limited Partners |  |  |
Other income (loss) and (expense): |  |  |
Net income attributable to common limited partners | 7,124 | 9,575 | 14,559
Less: Redemption of Series A preferred limited partner units |  | 2,634 |
Common Limited Partners |  |  |
Other income (loss) and (expense): |  |  |
Net income attributable to common limited partners | $ 72,094 | $ 82,774 | $ 128,039
Basic net income per common limited partner unit | $ 2.13 | $ 2.45 | $ 3.77
Diluted net income per common limited partner unit | $ 2.11 | $ 2.41 | $ 3.76
Basic weighted average common limited partner units outstanding | 33,871 | 33,840 | 33,970
Diluted weighted average common limited partner units outstanding | 34,217 | 34,339 | 34,039

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