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 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 2,035,023 $ 960,078 $ 5,429,193 $ 2,674,233
Operating expenses:        
Fuel costs 1,459,664 462,373 3,819,571 1,279,067
Merchandise costs 301,533 290,856 866,239 814,524
Store operating expenses 164,432 131,780 464,038 386,633
General and administrative expenses 32,696 25,403 91,270 64,823
Depreciation and amortization 22,031 16,171 71,546 50,056
Total operating expenses 1,980,356 926,583 5,312,664 2,595,103
Other (income) expenses, net (56) 1,381 2,811 7,290
Operating income 54,723 32,114 113,718 71,840
Interest and other financial income 2,937 239 4,613 980
Interest and other financial expenses (17,365) (10,500) (59,655) (30,405)
Income before income taxes 40,295 21,853 58,676 42,415
Income tax benefit (4,795) (4,672) (12,285) (5,171)
Income (loss) from equity investment 85 (24) 105 (435)
Net income 35,585 17,157 46,496 36,809
Less: Net income attributable to non-controlling interests 51 7,469 179 15,682
Net income attributable to ARKO Corp. 35,534 9,688 46,317 21,127
Series A redeemable preferred stock dividends (1,449)   (4,285)  
Net income attributable to common shareholders $ 34,085 $ 9,688 $ 42,032 $ 21,127
Net income per share attributable to common shareholders - basic $ 0.27 $ 0.14 $ 0.34 $ 0.31
Net income per share attributable to common shareholders - diluted $ 0.25 $ 0.14 $ 0.31 $ 0.31
Weighted average shares outstanding:        
Basic 124,428 71,390 124,406 69,221
Diluted 133,925 71,390 125,354 69,221
Fuel Revenue [Member]        
Revenues:        
Total revenues $ 1,580,359 $ 539,938 $ 4,144,069 $ 1,510,491
Merchandise Revenue [Member]        
Revenues:        
Total revenues 434,652 403,665 1,220,298 1,119,041
Other Revenue [Member]        
Revenues:        
Total revenues $ 20,012 $ 16,475 $ 64,826 $ 44,701