Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 2,088,496 $ 1,972,811
Operating expenses:    
Fuel costs 1,537,882 1,470,649
Merchandise costs 277,443 258,793
Store operating expenses 192,683 166,538
General and administrative expenses 40,416 31,785
Depreciation and amortization 28,399 24,636
Total operating expenses 2,076,823 1,952,401
Other expenses, net 2,720 1,121
Operating income 8,953 19,289
Interest and other financial income 7,210 1,106
Interest and other financial expenses (20,812) (17,081)
(Loss) income before income taxes (4,649) 3,314
Income tax benefit (expense) 2,158 (1,005)
(Loss) income from equity investment (36) 9
Net (loss) income (2,527) 2,318
Less: Net income attributable to non-controlling interests 53 79
Net (loss) income attributable to ARKO Corp. (2,580) 2,239
Series A redeemable preferred stock dividends (1,418) (1,418)
Net (loss) income attributable to common shareholders $ (3,998) $ 821
Net (loss) income per share attributable to common shareholders - basic $ (0.03) $ 0.01
Net loss per share attributable to common shareholders - diluted $ (0.03) $ (0.00)
Weighted average shares outstanding:    
Basic 120,253 124,301
Diluted 120,253 125,433
Fuel Revenue [Member]    
Revenues:    
Total revenues $ 1,661,664 $ 1,583,526
Merchandise Revenue [Member]    
Revenues:    
Total revenues 400,408 366,985
Other Revenue [Member]    
Revenues:    
Total revenues $ 26,424 $ 22,300