Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 258

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 258
---
    $
    61,970

    Earnings per common unit

    Basic
     
    $
    0.52

    $
    1.06

    $
    1.63

    Diluted
     
    $
    0.52

    $
    1.05

    $
    1.63

    Weighted-average common units:

    Basic

    38,027,587

    37,957,727

    37,916,829

    Diluted

    38,172,434

    38,119,461

    38,059,774

    Supplemental information:

    (a) includes excise taxes of:
     
    $
    321,798

    $
    295,762

    $
    270,501

    (a) includes rent income of:

    71,184

    82,331

    84,106

    (b) excludes depreciation, amortization and accretion

    (b) includes rent expense of:

    20,651

    22,338

    23,457

    (c) includes rent expense of:

    17,440

    15,460

    15,254

The accompanying notes are an integral part of these consolidated financial statements.

57

CROSSAMERICA PARTNERS LP

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Thousands of Dollars)

    For the Year Ended December 31,

    2024

    2023

    2022

    Cash flows from operating activities:

    Net income
     
    $
    22,453

    $
    42,592

    $
    63,696

    Adjustments to reconcile net income to net cash provided by   operating activities:

    Depreciation, amortization and accretion expense

    75,983

    77,158

    80,625

    Amortization of deferred financing costs

    1,937

    3,287

    2,788

    Credit loss expense

    157

    40

    232

    Deferred income tax (benefit) expense

    (6,147
    )

    1,572

    (1,753
    )

    Equity-based employee and director compensation expense

    1,