Acquisitions - Additional Information (Details)
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3 Months Ended |
12 Months Ended |
Aug. 15, 2023
USD ($)
Sites
Store
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Jun. 06, 2023
USD ($)
Sites
Store
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Mar. 01, 2023
USD ($)
Sites
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Dec. 06, 2022
USD ($)
StoresAndGasStation
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Jul. 22, 2022
USD ($)
Sites
Dealer
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Nov. 09, 2021
USD ($)
StoresAndGasStation
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May 18, 2021
USD ($)
StoresAndGasStation
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Mar. 31, 2022
USD ($)
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Dec. 31, 2023
USD ($)
Sites
Dealer
Store
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Dec. 31, 2022
USD ($)
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Dec. 31, 2021
USD ($)
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Business Acquisition [Line Items] |
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Number of sites leased | Sites |
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121
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Operating leases, current portion |
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$ 67,053,000
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$ 57,563,000
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Goodwill |
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292,173,000
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217,297,000
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$ 197,648,000
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Number of convenience stores | Store |
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24
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Decrease in consideration |
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$ 600,000
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2,200,000
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1,700,000
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ExpressStop Acquisition [Member] |
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Business Acquisition [Line Items] |
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Number of sites leased | Sites |
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24
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Number of real estate | StoresAndGasStation |
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60
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Acquisition related cost |
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$ 78,000,000
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Financial liability |
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44,200,000
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Operating leases, current portion |
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30,000,000
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Goodwill |
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$ 7,556,000
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Goodwill recognized for tax deductible for US income tax purpose |
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0
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Acquisition related cost recognized as other (income) expenses |
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2,500,000
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Revenue through closing date of acquisition till period end date |
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130,000,000
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Net income through acquisition date till period end date |
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2,000,000
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Date of acquisition agreement |
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May 18, 2021
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Consideration paid in cash |
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$ 94,687,000
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$ 0
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0
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Property and equipment |
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76,550,000
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Other current liabilities |
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213,000
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Deferred tax asset |
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2,435,000
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Business combination purchase price, plus value of inventory |
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$ 87,000,000
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ExpressStop Acquisition [Member] | Trade Names |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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5 years
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Handy Mart Acquisition [Member] |
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Business Acquisition [Line Items] |
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Number of sites leased | Sites |
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28
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Number of real estate | StoresAndGasStation |
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36
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Right-of-use assets under operating leases |
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$ 12,047,000
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Business Combination Consideration Paid By Others |
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$ 6,700,000
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93,200,000
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The amount of inventory and cash in the stores recognized as of the closing date of the acquisition date |
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$ 12,000,000
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Goodwill |
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$ 64,000
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Goodwill recognized for tax deductible for US income tax purpose |
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0
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Acquisition related cost recognized as other (income) expenses |
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600,000
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Revenue through closing date of acquisition till period end date |
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32,700,000
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Net income through acquisition date till period end date |
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900,000
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Date of acquisition agreement |
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Nov. 09, 2021
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Consideration paid in cash |
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$ 110,828,000
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$ 0
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0
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Property and equipment |
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105,824,000
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Other current liabilities |
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437,000
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Handy Mart Acquisition [Member] | Trade Names |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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5 years
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handy mart 1 [member] |
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Business Acquisition [Line Items] |
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Business combination purchase price, plus value of inventory |
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$ 112,000,000
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Quarles Petroleum Inc [Member] |
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Business Acquisition [Line Items] |
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Number of dealer locations | Dealer |
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46
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Right-of-use assets under operating leases |
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$ 32,916,000
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Consideration liability incurred |
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40,000,000
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Goodwill |
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$ 0
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Acquisition related cost recognized as other (income) expenses |
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$ 200,000
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2,300,000
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600,000
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Revenue through closing date of acquisition till period end date |
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317,200,000
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Net income through acquisition date till period end date |
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$ 13,700,000
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Date of acquisition agreement |
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Jul. 22, 2022
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Consideration paid in cash |
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$ 184,989,000
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Property and equipment |
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146,055,000
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Other current liabilities |
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1,168,000
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Business combination purchase price, plus value of inventory |
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$ 170,000,000
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Quarles Petroleum Inc [Member] | Third Party [Member] |
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Business Acquisition [Line Items] |
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Number of sites leased | Sites |
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63
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Useful life of assets acquired |
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2 years
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Quarles Petroleum Inc [Member] | Capital One Credit Facility [Member] |
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Business Acquisition [Line Items] |
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Acquisition related cost |
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$ 40,000,000
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Oak Street [Member] |
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Business Acquisition [Line Items] |
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Number of sites leased | Sites |
3
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33
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104
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39
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4
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Right-of-use assets under operating leases |
$ 8,800,000
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$ 49,000,000
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$ 131,300,000
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$ 105,500,000
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$ 61,600,000
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Acquisition related cost |
10,300,000
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Financial liability |
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28,800,000
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51,600,000
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20,200,000
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Business combination consideration transferred |
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$ 129,300,000
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Oak Street [Member] | Third Party [Member] |
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Business Acquisition [Line Items] |
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Acquisition related cost |
10,400,000
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Pride Convenience Holdings, LLC Acquisition [Member] |
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Business Acquisition [Line Items] |
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Right-of-use assets under operating leases |
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2,245,000
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Financial liability |
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34,800,000
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Consideration liability incurred |
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20,000,000
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Goodwill |
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22,891,000
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$ 22,900,000
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Acquisition related cost recognized as other (income) expenses |
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700,000
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2,200,000
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Revenue through closing date of acquisition till period end date |
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25,700,000
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Net income through acquisition date till period end date |
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1,100,000
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Consideration paid in cash |
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233,731,000
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0
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Property and equipment |
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199,786,000
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4,800,000
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Accounts payable |
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13,310,000
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1,100,000
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Other current liabilities |
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141,000
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1,100,000
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Deferred tax asset |
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$ 7,556,000
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1,000,000
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Decrease in consideration |
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1,600,000
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Goodwill, period increase (decrease) |
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3,300,000
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Depreciation and amortization expenses |
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$ 200,000
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Number of convenience stores | StoresAndGasStation |
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31
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Business combination purchase price, plus value of inventory |
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$ 230,000,000
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Pride Convenience Holdings, LLC Acquisition [Member] | Trade Names |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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5 years
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Pride Convenience Holdings, LLC Acquisition [Member] | G P M Petroleum L P [Member] |
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Business Acquisition [Line Items] |
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Goodwill |
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$ 20,000,000
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Pride Convenience Holdings, LLC Acquisition [Member] | Capital One Credit Facility [Member] |
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Business Acquisition [Line Items] |
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Company finance acquisition |
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$ 30,000,000
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Transit Energy Group [Member] |
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Business Acquisition [Line Items] |
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Right-of-use assets under operating leases |
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69,254,000
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Acquisition related cost |
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370,000,000
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Consideration liability incurred |
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55,000,000
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Goodwill |
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$ 61,211,000
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Acquisition related cost recognized as other (income) expenses |
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3,300,000
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1,500,000
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Revenue through closing date of acquisition till period end date |
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819,400,000
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Net income through acquisition date till period end date |
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$ (13,700,000)
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Date of acquisition agreement |
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Mar. 01, 2023
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Consideration paid in cash |
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$ 385,545,000
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0
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Property and equipment |
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266,387,000
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Other current liabilities |
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2,086,000
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Deferred tax asset |
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20,404,000
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Number of convenience stores | Store |
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135
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Number of dealer locations to be acquired | Dealer |
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181
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Deferred consideration |
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50,000,000
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Deferred consideration annual installment amount |
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25,000,000
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Business combination non deferred consideration |
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81,800,000
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Transit Energy Group [Member] | Trade Names |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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5 years
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Transit Energy Group [Member] | G P M Petroleum L P [Member] |
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Business Acquisition [Line Items] |
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Goodwill |
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$ 61,200,000
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|
Transit Energy Group [Member] | Capital One Credit Facility [Member] |
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Business Acquisition [Line Items] |
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Consideration liability incurred |
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$ 55,000,000
|
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WTG Fuels Holdings [Member] |
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Business Acquisition [Line Items] |
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Right-of-use assets under operating leases |
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2,756,000
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Consideration liability incurred |
|
19,200,000
|
|
|
|
|
|
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|
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|
Goodwill |
|
$ 9,796,000
|
|
|
|
|
|
|
|
|
|
Acquisition related cost recognized as other (income) expenses |
|
|
|
|
|
|
|
|
2,600,000
|
$ 600,000
|
|
Revenue through closing date of acquisition till period end date |
|
|
|
|
|
|
|
|
119,900,000
|
|
|
Net income through acquisition date till period end date |
|
|
|
|
|
|
|
|
$ 4,000,000
|
|
|
Date of acquisition agreement |
|
Jun. 06, 2023
|
|
|
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|
Consideration paid in cash |
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$ 145,637,000
|
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|
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|
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|
$ 0
|
Property and equipment |
|
109,741,000
|
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|
|
|
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Other current liabilities |
|
598,000
|
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Deferred tax asset |
|
$ 3,265,000
|
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Business Combination Number Of FleetFueling Cardlocksites acquired | Sites |
|
68
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Business combination number of private cardlocksites acquired | Sites |
|
43
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|
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|
Business combination purchase price, plus value of inventory |
|
$ 140,000,000
|
|
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Business combination consideration transferred |
|
30,600,000
|
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|
WTG Fuels Holdings [Member] | Trade Names |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
|
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|
|
|
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|
5 years
|
|
|
WTG Fuels Holdings [Member] | G P M Petroleum L P [Member] |
|
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Business Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
Goodwill |
|
|
|
|
|
|
|
|
$ 9,800,000
|
|
|
WTG Fuels Holdings [Member] | Capital One Credit Facility [Member] |
|
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Business Acquisition [Line Items] |
|
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Consideration liability incurred |
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$ 19,200,000
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Speedy's Acquisition Member | Third Party [Member] |
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Business Acquisition [Line Items] |
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Acquisition related cost |
$ 13,700,000
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Number of convenience stores | Store |
7
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Customer Relationships [Member] | WTG Fuels Holdings [Member] |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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20 years
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Fueling sites [Member] | Customer Relationships [Member] | Quarles Petroleum Inc [Member] |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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20 years
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Wholesale Fuel Supply Contracts [Member] | Quarles Petroleum Inc [Member] |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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4 years 3 months 18 days
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Wholesale Fuel Supply Contracts [Member] | Transit Energy Group [Member] |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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10 years
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Weighted average discount rate |
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10.50%
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Wholesale Fuel Supply Contracts [Member] | WTG Fuels Holdings [Member] |
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Business Acquisition [Line Items] |
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Useful life of assets acquired |
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3 years
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