← CrossAmerica Partners LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $10.7m | $23.2m | $5.3m | $18.1m | $107.5m | $21.7m | $63.7m | $42.6m | $22.5m | $41.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $10.7m | $23.2m | $5.2m | $18.1m | $107.5m | $21.7m | $63.7m | $42.6m | $22.5m | $41.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $11k | $18k | ($5k) | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $54.4m | $57.5m | $66.5m | $55.0m | $68.7m | $77.9m | $80.6m | $77.2m | $76.0m | $89.6m | |
| Amortization of Debt Issuance Costs | $1.7m | $1.7m | $1.5m | $1.0m | $1.0m | $1.9m | $2.8m | $3.3m | $1.9m | $1.9m | |
| Amortization of Intangible Assets | $13.7m | $13.7m | $15.4m | $10.9m | $16.1m | $20.0m | $21.2m | $20.7m | $18.1m | $16.1m | |
| Deferred Income Tax Expense (Benefit) | ($686k) | ($18.9m) | ($4.3m) | $3.6m | ($4.4m) | ($3.8m) | ($1.8m) | $1.6m | ($6.1m) | ($161k) | |
| Share-based Payment Arrangement, Noncash Expense | $3.9m | $1.9m | $481k | $1.2m | $172k | $1.3m | $2.3m | $3.0m | $1.5m | $1.9m | |
| Share-based Payment Arrangement, Expense | $1.3m | $100k | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Assets | $198k | $3.4m | — | — | $6.4m | $4.1m | $1.1m | $4.7m | $5.0m | $44.2m | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $3.5m | $6.5m | $23.3m | $45.9m | |
| Income (Loss) from Equity Method Investments | $16.0m | $14.9m | $14.9m | $14.8m | $3.2m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($453k) | ($18.2m) | ($2.7m) | ($1.2m) | ($7.9m) | ($3.2m) | $714k | $2.5m | ($3.4m) | $8.3m | |
| Operating Lease, Expense | — | — | — | $28.6m | $35.4m | $38.6m | $39.6m | $38.8m | $39.3m | $39.3m | |
| Operating Lease, Lease Income | — | — | — | — | — | $83.2m | $84.1m | $82.3m | $71.2m | $62.5m | |
| Other Nonoperating Income (Expense) | $848k | $439k | $373k | $524k | $503k | $544k | $504k | $790k | $780k | $577k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($6.1m) | $1.3m | $12.5m | ($11.0m) | $7.5m | ($5.3m) | $840k | $124k | ($640k) | $2.9m | |
| Increase (Decrease) in Inventories | $5.0m | $863k | $362k | $7.2m | ($777k) | ($10.3m) | ($873k) | ($5.0m) | ($2.7m) | $1.7m | |
| Increase (Decrease) in Accounts Payable | ($2.1m) | ($886k) | $3.2m | ($12.4m) | ($6.6m) | ($2.7m) | ($9.3m) | $8.6m | ($1.2m) | $8.0m | |
| Asset Retirement Obligation, Accretion Expense | $1.4m | $1.4m | $1.5m | $1.3m | $1.4m | $1.8m | $1.1m | $2.0m | $1.9m | $1.7m | |
| Goodwill | $89.1m | $89.1m | $88.8m | $88.8m | $88.8m | $100.5m | $99.4m | $99.4m | $99.4m | $99.4m | |
| Operating Costs and Expenses | $61.1m | $61.3m | $61.9m | $52.6m | $90.9m | $134.1m | $174.7m | $194.7m | $228.0m | $231.7m | |
| Operating Expenses | $139.6m | $146.7m | $146.4m | $124.4m | $180.7m | $242.9m | $280.9m | $298.9m | $332.7m | $349.3m | |
| Payments of Financing Costs | $694k | $6k | $901k | $4.0m | — | $7.2m | $474k | $7.1m | $74k | — | |
| Proceeds from Contributions from Parent | — | $329k | $6.3m | — | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $2.4b | $2.1b | $1.9b | $3.6b | $5.0b | $4.4b | $4.1b | $3.7b | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | ($2.9m) | $4.5m | $17.3m | $5.9m | $12.6m | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | $780k | $577k | |
| Net Cash Provided by (Used in) Operating Activities | $79.4m | $89.0m | $89.8m | $72.3m | $104.5m | $95.5m | $161.3m | $117.1m | $87.8m | $91.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $20.8m | $12.5m | $13.7m | $24.6m | $37.1m | $41.9m | $30.4m | $34.6m | $26.3m | $35.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $94.2m | $75.6m | — | — | $28.2m | $273.0m | $29.6m | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($96.9m) | ($60.1m) | ($6.8m) | ($15.5m) | ($19.5m) | ($298.7m) | ($46.4m) | ($28.2m) | ($16.3m) | $68.4m | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | $24.6m | $159.0m | — | — | |
| Payments for Repurchase of Common Stock | $3.3m | — | — | — | — | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $80.0m | $83.8m | $75.6m | $72.3m | $77.8m | $79.6m | $79.6m | $79.7m | $79.9m | $80.0m | |
| Payments of Dividends | $3.4m | $4.3m | $1.6m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $17.6m | ($26.3m) | ($83.7m) | ($58.2m) | ($86.2m) | $210.4m | ($106.5m) | ($100.0m) | ($73.1m) | ($160.2m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $2.5m | ($706k) | ($1.4m) | ($1.3m) | $7.1m | $8.4m | ($11.1m) | ($1.6m) | ($244k) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($109k) | ($103k) | $31.2m | $26.3m | $16.0m | $16.2m | $29.0m | $40.1m | $49.9m | ($1.4m) | |
| Income Taxes Paid, Net | — | — | — | — | $759k | $331k | ($3.2m) | $2.9m | $10k | $3.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.