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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2024
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 March 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

450,579

 

 

$

389,852

 

 

$

 

 

$

840,431

 

Revenues from food and merchandise sales

 

 

 

 

 

76,432

 

 

 

 

 

 

76,432

 

Rent income

 

 

15,979

 

 

 

3,187

 

 

 

 

 

 

19,166

 

Other revenue

 

 

920

 

 

 

4,599

 

 

 

 

 

 

5,519

 

Total revenues

 

$

467,478

 

 

$

474,070

 

 

$

 

 

$

941,548

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

18,065

 

 

$

11,255

 

 

$

(42,365

)

 

$

(13,045

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

521,925

 

 

$

402,946

 

 

$

 

 

$

924,871

 

Revenues from food and merchandise sales

 

 

 

 

 

65,266

 

 

 

 

 

 

65,266

 

Rent income

 

 

17,956

 

 

 

3,364

 

 

 

 

 

 

21,320

 

Other revenue

 

 

1,247

 

 

 

3,455

 

 

 

 

 

 

4,702

 

Total revenues

 

$

541,128

 

 

$

475,031

 

 

$

 

 

$

1,016,159

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

21,669

 

 

$

14,767

 

 

$

(27,326

)

 

$

9,110

 

Summary of Receivables Relating to Revenue Streams

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

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Receivables from fuel and merchandise sales

 

$

32,853

 

 

$

28,467

 

Receivables for rent and other lease-related charges

 

 

3,255

 

 

 

3,155

 

Total accounts receivable

 

$

36,108

 

 

$

31,622