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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Reportable Segments

The following table reflects activity related to our reportable segments (in thousands):

 

 

 

Wholesale

 

 

Retail

 

 

Unallocated

 

 

Consolidated

 

Three Months Ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

795,924

 

 

$

579,325

 

 

$

 

 

$

1,375,249

 

Intersegment revenues from fuel sales

 

 

493,423

 

 

 

 

 

 

(493,423

)

 

 

 

Revenues from food and merchandise sales

 

 

 

 

 

73,934

 

 

 

 

 

 

73,934

 

Rent income

 

 

17,839

 

 

 

3,010

 

 

 

 

 

 

20,849

 

Other revenue

 

 

1,807

 

 

 

3,194

 

 

 

 

 

 

5,001

 

Total revenues

 

$

1,308,993

 

 

$

659,463

 

 

$

(493,423

)

 

$

1,475,033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

44,264

 

 

$

3,420

 

 

$

(26,612

)

 

$

21,072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

530,099

 

 

$

260,125

 

 

$

 

 

$

790,224

 

Intersegment revenues from fuel sales

 

 

198,878

 

 

 

 

 

 

(198,878

)

 

 

 

Revenues from food and merchandise sales

 

 

 

 

 

45,208

 

 

 

 

 

 

45,208

 

Rent income

 

 

18,209

 

 

 

2,653

 

 

 

 

 

 

20,862

 

Other revenue

 

 

729

 

 

 

2,311

 

 

 

 

 

 

3,040

 

Total revenues

 

$

747,915

 

 

$

310,297

 

 

$

(198,878

)

 

$

859,334

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

33,244

 

 

$

953

 

 

$

(26,035

)

 

$

8,162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

1,379,045

 

 

$

1,001,567

 

 

$

 

 

$

2,380,612

 

Intersegment revenues from fuel sales

 

 

837,424

 

 

 

 

 

 

(837,424

)

 

 

 

Revenues from food and merchandise sales

 

 

 

 

 

136,281

 

 

 

 

 

 

136,281

 

Rent income

 

 

35,316

 

 

 

6,160

 

 

 

 

 

 

41,476

 

Other revenue

 

 

3,593

 

 

 

6,282

 

 

 

 

 

 

9,875

 

Total revenues

 

$

2,255,378

 

 

$

1,150,290

 

 

$

(837,424

)

 

$

2,568,244

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

81,121

 

 

$

4,096

 

 

$

(54,426

)

 

$

30,791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

928,592

 

 

$

457,612

 

 

$

 

 

$

1,386,204

 

Intersegment revenues from fuel sales

 

 

343,330

 

 

 

 

 

 

(343,330

)

 

 

 

Revenues from food and merchandise sales

 

 

 

 

 

83,047

 

 

 

 

 

 

83,047

 

Rent income

 

 

35,909

 

 

 

5,425

 

 

 

 

 

 

41,334

 

Other revenue

 

 

1,863

 

 

 

4,170

 

 

 

 

 

 

6,033

 

Total revenues

 

$

1,309,694

 

 

$

550,254

 

 

$

(343,330

)

 

$

1,516,618

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

58,149

 

 

$

1,246

 

 

$

(52,097

)

 

$

7,298

 

Summary of Receivables Relating to Revenue Streams

Receivables relating to the revenue streams above are as follows (in thousands):

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Receivables from fuel and merchandise sales

 

$

46,277

 

 

$

27,932

 

Receivables for rent and other lease-related charges

 

 

3,373

 

 

 

6,548

 

Total accounts receivable

 

$

49,650

 

 

$

34,480