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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

509,335

 

 

$

494,450

 

 

$

 

 

$

1,003,785

 

Revenues from food and merchandise sales

 

 

 

 

 

105,393

 

 

 

 

 

 

105,393

 

Rent income

 

 

14,667

 

 

 

3,188

 

 

 

 

 

 

17,855

 

Other revenue

 

 

1,074

 

 

 

5,248

 

 

 

 

 

 

6,322

 

Total revenues

 

$

525,076

 

 

$

608,279

 

 

$

 

 

$

1,133,355

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

20,924

 

 

$

28,013

 

 

$

(20,760

)

 

$

28,177

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from fuel sales to external customers

 

$

959,914

 

 

$

884,302

 

 

$

 

 

$

1,844,216

 

Revenues from food and merchandise sales

 

 

 

 

 

181,825

 

 

 

 

 

 

181,825

 

Rent income

 

 

30,646

 

 

 

6,375

 

 

 

 

 

 

37,021

 

Other revenue

 

 

1,994

 

 

 

9,847

 

 

 

 

 

 

11,841

 

Total revenues

 

$

992,554

 

 

$

1,082,349

 

 

$

 

 

$

2,074,903

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

38,988

 

 

$

39,269

 

 

$

(63,125

)

 

$

15,132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Summary of Receivables Relating to Revenue Streams

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

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Receivables from fuel and merchandise sales

 

$

36,090

 

 

$

28,467

 

Receivables for rent and other lease-related charges

 

 

2,929

 

 

 

3,155

 

Total accounts receivable

 

$

39,019

 

 

$

31,622