Company: CAPL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000950170-25-066051
Chunk: 0

Company: CrossAmerica Partners LP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
CROSSAMERICA PARTNERS LP

CONSOLIDATED BALANCE SHEETS

(Thousands of Dollars, except unit data)

(Unaudited)

     March 31,

     December 31,

     2025

     2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     6,748

     $
     3,381

     Accounts receivable, net of allowances of $687 and $757, respectively

     28,742

     31,603

     Accounts receivable from related parties

     647

     634

     Inventory

     60,889

     63,169

     Assets held for sale

     41,895

     8,994

     Current portion of interest rate swap contracts

     2,386

     2,958

     Other current assets

     10,140

     8,091

     Total current assets

     151,447

     118,830

     Property and equipment, net

     606,465

     656,300

     Right-of-use assets, net

     132,325

     136,430

     Intangible assets, net

     73,107

     77,242

     Goodwill

     99,409

     99,409

     Deferred tax assets

     1,757

     1,001

     Interest rate swap contracts, less current portion

     1,858

     5,133

     Other assets

     20,201

     20,380

     Total assets
      
     $
     1,086,569

     $
     1,114,725

     LIABILITIES AND EQUITY

     Current liabilities:

     Current portion of debt and finance lease obligations
      
     $
     3,317

     $
     3,266

     Current portion of operating lease obligations

     35,155

     35,065

     Accounts payable

     74,024

     73,986

     Accounts payable to related parties

     7,181

     7,729

     Current portion of interest rate swap contracts

     148

     —

     Accrued expenses and other current liabilities

     25,580

     24,044

     Motor fuel and sales taxes payable