XML 13 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1Close
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 2,388,163 $ 2,469,141 $ 4,460,617 $ 4,557,517 CloseClose
Operating expenses:        
Fuel costs 1,726,761 1,801,103 3,229,063 3,338,985
Merchandise costs 318,489 329,903 598,226 607,226
Site operating expenses 223,691 218,002 442,622 410,685
General and administrative expenses 42,436 42,660 84,594 83,076
Depreciation and amortization 33,577 32,837 65,293 61,236
Total operating expenses 2,344,954 2,424,505 4,419,798 4,501,208 CloseClose
Other expenses, net 261 4,956 2,737 7,676
Operating income 42,948 39,680 38,082 48,633 CloseClose
Interest and other financial income 3,384 2,428 25,297 9,630 CloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Interest and other financial expenses (24,751) (22,588) (49,121) (43,392) CloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Total Other Income Expenses 21367.0 20160.0 23824.0 33762.0 0.0 Close
Income before income taxes 21,581 19,520 14,258 14,871 CloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Income tax expense (7,546) (5,014) (839) (2,856) CloseClose
Income (loss) from equity investment 28 (27) 50 (63) CloseClose
Net income 14,063 14,479 13,469 11,952 CloseClose
Less: Net income attributable to non-controlling interests 0 48 0 101
Net income attributable to ARKO Corp. 14,063 14,431 13,469 11,851
Series A redeemable preferred stock dividends (1,445) (1,434) (2,859) (2,852)
Net income attributable to common shareholders $ 12,618 $ 12,997 $ 10,610 $ 8,999
Net income per share attributable to common shareholders - basic $ 0.11 $ 0.11 $ 0.09 $ 0.07
Net income per share attributable to common shareholders - diluted $ 0.11 $ 0.11 $ 0.09 $ 0.07
Weighted average shares outstanding:        
Basic 115,758 119,893 116,512 120,073
Diluted 116,880 121,280 117,073 120,767
Supplemental information:        
Includes excise tax of: $ 301,030 $ 307,244 $ 573,230 $ 571,499
Fuel Revenue [Member]        
Revenues:        
Total revenues 1,887,531 1,957,100 3,518,863 3,618,764
Merchandise Revenue [Member]        
Revenues:        
Total revenues 474,248 484,561 888,903 884,849
Other Revenue [Member]        
Revenues:        
Total revenues $ 26,384 $ 27,480 $ 52,851 $ 53,904