Company: CAPL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000950170-25-104308
Chunk: 0

Company: CrossAmerica Partners LP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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CROSSAMERICA PARTNERS LP

CONSOLIDATED BALANCE SHEETS

(Thousands of Dollars, except unit data)

(Unaudited)

     June 30,

     December 31,

     2025

     2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     9,717

     $
     3,381

     Accounts receivable, net of allowances of $671 and $757, respectively

     32,370

     31,603

     Accounts receivable from related parties

     853

     634

     Inventory

     59,022

     63,169

     Assets held for sale

     14,076

     8,994

     Current portion of interest rate swap contracts

     2,084

     2,958

     Other current assets

     7,197

     8,091

     Total current assets

     125,319

     118,830

     Property and equipment, net

     586,579

     656,300

     Right-of-use assets, net

     124,670

     136,430

     Intangible assets, net

     69,029

     77,242

     Goodwill

     99,409

     99,409

     Deferred tax assets

     1,910

     1,001

     Interest rate swap contracts, less current portion

     352

     5,133

     Other assets

     21,202

     20,380

     Total assets
      
     $
     1,028,470

     $
     1,114,725

     LIABILITIES AND EQUITY

     Current liabilities:

     Current portion of debt and finance lease obligations
      
     $
     3,369

     $
     3,266

     Current portion of operating lease obligations

     34,055

     35,065

     Accounts payable

     73,199

     73,986

     Accounts payable to related parties

     7,052

     7,729

     Current portion of interest rate swap contracts

     252

     —

     Accrued expenses and other current liabilities

     25,400

     24,044

     Motor fuel and sales taxes payable