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Accrued Expenses And Other Long-term Liabilities
12 Months Ended
Dec. 31, 2024
Accrued Expensesand Other Long Term Liabilities [Abstract]  
Accrued Expenses And Other Long-term Liabilities

Note 10. ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES

Accrued expenses and other current liabilities consisted of the following (in thousands):

 

 

December 31,

 

 

 

2024

 

 

2023

 

Taxes other than income

 

$

8,166

 

 

$

7,439

 

Capital expenditures and maintenance expenses

 

 

2,730

 

 

 

3,366

 

Current portion of environmental liabilities

 

 

3,098

 

 

 

3,394

 

Interest

 

 

2,084

 

 

 

2,483

 

Equity compensation

 

 

2,902

 

 

 

3,373

 

Professional fees

 

 

580

 

 

 

988

 

Purchase consideration payable (a)

 

 

1,200

 

 

 

 

Other

 

 

3,284

 

 

 

2,631

 

Total accrued expenses and other current liabilities

 

$

24,044

 

 

$

23,674

 

Other long-term liabilities consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Security deposits

 

$

17,898

 

 

$

17,749

 

Deferred fuel supplier rebates

 

 

23,754

 

 

 

25,979

 

Environmental liabilities

 

 

5,335

 

 

 

4,054

 

Purchase consideration payable (a)

 

 

600

 

 

 

1,800

 

Other

 

 

2,861

 

 

 

3,352

 

Total other long-term liabilities

 

$

50,448

 

 

$

52,934

 

 

(a) Purchase consideration related to the acquisition of assets from 7-Eleven.

 

Asset Retirement Obligations

Environmental laws in the U.S. require the permanent closure of USTs after the USTs are no longer in service. We have estimated that USTs at our owned sites will remain in service approximately 30 years and that we will have an obligation to close the USTs at that time. For our leased sites, our lease agreements generally require that we remove certain improvements, primarily USTs and signage, upon termination of the lease, and so an asset retirement obligation is incurred upon acquiring the site. There are no assets that are legally restricted for purposes of settling our asset retirement obligations.

A roll-forward of our asset retirement obligation is below (in thousands):

 

 

2024

 

 

2023

 

Balance at beginning of year

 

$

47,909

 

 

$

46,810

 

Recognition of asset retirement obligations

 

 

 

 

 

196

 

Changes in estimated cash flows or settlement dates

 

 

(1,217

)

 

 

(334

)

Accretion

 

 

1,873

 

 

 

2,039

 

Obligations settled

 

 

(135

)

 

 

(802

)

Balance at end of year

 

 

48,430

 

 

 

47,909

 

Current portion, included within accrued expenses and
   other current liabilities

 

 

179

 

 

 

65

 

Long-term portion

 

$

48,251

 

 

$

47,844