Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 7,417,398 $ 4,010,232 $ 4,128,690
Operating expenses:      
Fuel costs 5,275,907 2,131,416 2,482,472
Merchandise costs 1,143,494 1,088,032 1,002,922
Store operating expenses 630,518 532,422 506,524
General and administrative expenses 124,667 94,424 69,311
Depreciation and amortization 97,194 74,396 62,404
Total operating expenses 7,271,780 3,920,690 4,123,633
Other expenses, net 3,536 9,228 3,733
Operating income 142,082 80,314 1,324
Interest and other financial income 3,005 1,768 1,451
Interest and other financial expenses (74,212) (51,673) (43,263)
Income (loss) before income taxes 70,875 30,409 (40,488)
Income tax benefit (expense) (11,634) 1,499 (6,167)
Income (loss) from equity investment 186 (1,269) (507)
Net income (loss) 59,427 30,639 (47,162)
Less: Net income (loss) attributable to non-controlling interests 229 16,929 (3,623)
Net income (loss) attributable to ARKO Corp. 59,198 13,710 (43,539)
Accretion of redeemable preferred stock 0 (3,120)  
Series A redeemable preferred stock dividends (5,735) (157)  
Net income attributable to common shareholders $ 53,463 $ 10,433 $ (43,539)
Net income per share attributable to common shareholders - basic $ 0.43 $ 0.15 $ (0.65)
Net income per share attributable to common shareholders - diluted $ 0.42 $ 0.15 $ (0.65)
Weighted average shares outstanding:      
Basic 124,412,000 71,074,000 66,701,000
Diluted 125,437,000 71,074,000 66,701,000
Fuel Revenue [Member]      
Revenues:      
Total revenues $ 5,714,333 $ 2,452,401 $ 2,703,440
Merchandise Revenue [Member]      
Revenues:      
Total revenues 1,616,404 1,494,342 1,375,438
Other Revenue [Member]      
Revenues:      
Total revenues $ 86,661 $ 63,489 $ 49,812