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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

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 September 30, 2025
Revenues from fuel sales to external customers		$	401,161			$	438,828			$	—			$	839,989
Revenues from food and merchandise sales			—				110,685				—				110,685
Rent income			11,274				3,893				—				15,167
Other revenue			1,221				4,785				—				6,006
Total revenues			413,656				558,191				—				971,847
Cost of goods sold - fuel			385,443				398,096				—				783,539
Cost of goods sold - food and merchandise			—				78,704				—				78,704
Cost of goods sold - Rent expense			3,428				1,406				—				4,834
Gross profit			24,785				79,985				—				104,770
Store labor			—				23,080				—				23,080
Maintenance and environmental costs			1,543				7,155				—				8,698
Other items (a)			5,358				20,405				19,142				44,905
Operating income (loss)		$	17,884			$	29,345			$	(19,142	)		$	28,087

		Wholesale				Retail				Unallocated				Consolidated
Three Months Ended September 30, 2024 (b)
Revenues from fuel sales to external customers		$	456,447			$	490,162			$	—			$	946,609
Revenues from food and merchandise sales			—				109,441				—				109,441
Rent income			13,477				3,461				—				16,938
Other revenue			1,244				4,931				—				6,175
Total revenues			471,168				607,995				—				1,079,163
Cost of goods sold - fuel			439,577				444,403				—				883,980
Cost of goods sold - food and merchandise			—				78,947				—				78,947
Cost of goods sold - Rent expense			3,952				1,058				—				5,010
Gross profit			27,639				83,587				—				111,226
Store labor			—				23,516				—				23,516
Maintenance and environmental costs			2,057				8,285				—				10,342
Other items (a)			6,485				20,423				23,364				50,272
Operating income (loss)		$	19,097			$	31,363			$	(23,364	)		$	27,096
Nine Months Ended September 30, 2025
Revenues from fuel sales to external customers		$	1,166,520			$	1,256,162			$	—			$	2,422,682
Revenues from food and merchandise sales			—				308,085				—				308,085
Rent income			36,409				11,419				—				47,828
Other revenue			3,804				13,848				—				17,652
Total revenues			1,206,733				1,589,514				—				2,796,247
Cost of goods sold - fuel			1,119,873				1,145,461				—				2,265,334
Cost of goods sold - food and merchandise			—				220,685				—				220,685
Cost of goods sold - Rent expense			10,555				4,097				—				14,652
Gross profit			76,305				219,271				—				295,576
Store labor			—				69,113				—				69,113
Maintenance and environmental costs			4,437				22,274				—				26,711
Other items (a)			16,755				61,785				49,627				128,167
Operating income (loss)		$	55,113			$	66,099			$	(49,627	)		$	71,585
Nine Months Ended September 30, 2024 (b)
Revenues from fuel sales to external customers		$	1,416,361			$	1,374,464			$	—			$	2,790,825
Revenues from food and merchandise sales			—				291,266				—				291,266
Rent income			44,123				9,836				—				53,959
Other revenue			3,238				14,778				—				18,016
Total revenues			1,463,722				1,690,344				—				3,154,066
Cost of goods sold - fuel			1,368,249				1,263,380				—				2,631,629
Cost of goods sold - food and merchandise			—				209,480				—				209,480
Cost of goods sold - Rent expense			12,754				2,867				—				15,621
Gross profit			82,719				214,617				—				297,336
Store labor			—				65,262				—				65,262
Maintenance and environmental costs			5,624				20,935				—				26,559
Other items (a)			19,009				57,789				86,489				163,287
Operating income (loss)		$	58,086			$	70,631			$	(86,489	)		$	42,228

Summary of reconciliation from operating income to income before income taxes

A reconciliation from operating income to income before income taxes follows (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Operating income		$	28,087			$	27,096			$	71,585			$	42,228
Other income, net			152				197				418				604
Interest expense			(11,786	)			(14,169	)			(37,199	)			(38,918	)
Income before income taxes		$	16,453			$	13,124			$	34,804			$	3,914

Summary of Receivables Relating to Revenue Streams

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

		September 30,				December 31,
		2025				2024
Receivables from fuel and merchandise sales		$	33,421			$	30,115
Receivables for rent and other lease-related charges			1,151				2,122
Total accounts receivable		$	34,572			$	32,237

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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