Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 1,909,814 $ 814,275 $ 3,394,170 $ 1,714,155
Operating expenses:        
Fuel costs 1,347,109 316,891 2,359,907 816,694
Merchandise costs 303,952 284,577 564,706 523,668
Store operating expenses 154,668 126,023 299,606 254,853
General and administrative expenses 31,861 20,527 58,574 39,420
Depreciation and amortization 25,273 16,814 49,515 33,885
Total operating expenses 1,862,863 764,832 3,332,308 1,668,520
Other expenses, net 1,195 1,733 2,867 5,909
Operating income 45,756 47,710 58,995 39,726
Interest and other financial income 2,601 412 1,695 1,000
Interest and other financial expenses (14,598) (12,925) (42,309) (20,164)
Income before income taxes 33,759 35,197 18,381 20,562
Income tax benefit (8,212) (2,510) (7,490) (499)
Income (loss) from equity investment 26 (178) 20 (411)
Net income 25,573 32,509 10,911 19,652
Less: Net income attributable to non-controlling interests 54 10,614 128 8,213
Net income attributable to ARKO Corp. 25,519 21,895 10,783 11,439
Series A redeemable preferred stock dividends (1,434)   (2,836)  
Net income attributable to common shareholders $ 24,085 $ 21,895 $ 7,947 $ 11,439
Net income per share attributable to common shareholders - basic and diluted $ 0.19 $ 0.32 $ 0.06 $ 0.17
Weighted average shares outstanding:        
Basic 124,428 69,490 124,395 68,118
Diluted 133,032 69,490 124,543 68,118
Fuel Revenue [Member]        
Revenues:        
Total revenues $ 1,460,763 $ 407,512 $ 2,563,710 $ 970,553
Merchandise Revenue [Member]        
Revenues:        
Total revenues 426,365 391,697 785,646 715,376
Other Revenue [Member]        
Revenues:        
Total revenues $ 22,686 $ 15,066 $ 44,814 $ 28,226