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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
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, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

580,935

 

 

$

455,315

 

 

$

 

 

$

1,036,250

 

Revenues from food and merchandise sales

 

 

 

 

 

83,666

 

 

 

 

 

 

83,666

 

Rent income

 

 

17,379

 

 

 

3,144

 

 

 

 

 

 

20,523

 

Other revenue

 

 

1,164

 

 

 

3,793

 

 

 

 

 

 

4,957

 

Total revenues

 

$

599,478

 

 

$

545,918

 

 

$

 

 

$

1,145,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

21,775

 

 

$

26,151

 

 

$

(20,073

)

 

$

27,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

795,924

 

 

$

579,325

 

 

$

 

 

$

1,375,249

 

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

 

$

815,570

 

 

$

659,463

 

 

$

 

 

$

1,475,033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

24,158

 

 

$

22,571

 

 

$

(25,657

)

 

$

21,072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

1,102,860

 

 

$

858,261

 

 

$

 

 

$

1,961,121

 

Revenues from food and merchandise sales

 

 

 

 

 

148,932

 

 

 

 

 

 

148,932

 

Rent income

 

 

35,335

 

 

 

6,508

 

 

 

 

 

 

41,843

 

Other revenue

 

 

2,411

 

 

 

7,248

 

 

 

 

 

 

9,659

 

Total revenues

 

$

1,140,606

 

 

$

1,020,949

 

 

$

 

 

$

2,161,555

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

43,444

 

 

$

40,918

 

 

$

(47,399

)

 

$

36,963

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

1,379,045

 

 

$

1,001,567

 

 

$

 

 

$

2,380,612

 

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

 

$

1,417,954

 

 

$

1,150,290

 

 

$

 

 

$

2,568,244

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

45,751

 

 

$

37,699

 

 

$

(52,659

)

 

$

30,791

 

Summary of Receivables Relating to Revenue Streams

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

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Receivables from fuel and merchandise sales

 

$

32,683

 

 

$

28,959

 

Receivables for rent and other lease-related charges

 

 

2,719

 

 

 

2,609

 

Total accounts receivable

 

$

35,402

 

 

$

31,568