$CAPL
CrossAmerica Partners LP

2013 Q3 Form 10-Q Financial Statement

#000119312513438157 Filed on November 12, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $490.6M $506.6M
YoY Change -3.16% 28.51%
Cost Of Revenue $468.3M $491.7M
YoY Change -4.76% 30.01%
Gross Profit $21.80M $15.00M
YoY Change 45.33% -6.25%
Gross Profit Margin 4.44% 2.96%
Selling, General & Admin $4.604M $7.200M
YoY Change -36.06% 30.91%
% of Gross Profit 21.12% 48.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.100M $3.100M
YoY Change 32.26% 0.0%
% of Gross Profit 18.81% 20.67%
Operating Expenses $4.604M $12.50M
YoY Change -63.17% 23.76%
Operating Profit $7.457M $2.500M
YoY Change 198.28% -57.63%
Interest Expense $3.349M -$3.400M
YoY Change -198.5% 9.68%
% of Operating Profit 44.91% -136.0%
Other Income/Expense, Net $600.0K $400.0K
YoY Change 50.0% 33.33%
Pretax Income $4.201M -$400.0K
YoY Change -1150.25% -112.5%
Income Tax -$723.0K $0.00
% Of Pretax Income -17.21%
Net Earnings $4.924M -$500.0K
YoY Change -1084.8% -115.63%
Net Earnings / Revenue 1.0% -0.1%
Basic Earnings Per Share $0.33
Diluted Earnings Per Share $0.33 -$66.67K
COMMON SHARES
Basic Shares Outstanding 0.000 shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.0K $900.0K
YoY Change -77.78%
Cash & Equivalents $182.0K $900.0K
Short-Term Investments
Other Short-Term Assets $2.239M $23.90M
YoY Change -90.63%
Inventory $1.829M $0.00
Prepaid Expenses
Receivables $6.293M $27.40M
Other Receivables $0.00 $700.0K
Total Short-Term Assets $23.62M $52.90M
YoY Change -55.34%
LONG-TERM ASSETS
Property, Plant & Equipment $292.1M $230.1M
YoY Change 26.93%
Goodwill $8.407M
YoY Change
Intangibles $35.68M
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00M $4.500M
YoY Change 122.22%
Total Long-Term Assets $347.1M $250.3M
YoY Change 38.67%
TOTAL ASSETS
Total Short-Term Assets $23.62M $52.90M
Total Long-Term Assets $347.1M $250.3M
Total Assets $370.7M $303.2M
YoY Change 22.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.19M $25.10M
YoY Change -15.58%
Accrued Expenses $4.869M $15.00M
YoY Change -67.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.600M $15.80M
YoY Change -83.54%
Total Short-Term Liabilities $36.75M $71.90M
YoY Change -48.88%
LONG-TERM LIABILITIES
Long-Term Debt $243.2M $234.1M
YoY Change 3.91%
Other Long-Term Liabilities $17.99M $35.40M
YoY Change -49.17%
Total Long-Term Liabilities $261.2M $269.5M
YoY Change -3.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.75M $71.90M
Total Long-Term Liabilities $261.2M $269.5M
Total Liabilities $363.9M $341.3M
YoY Change 6.63%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.800M -$38.10M
YoY Change
Total Liabilities & Shareholders Equity $370.7M $303.2M
YoY Change 22.26%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $4.924M -$500.0K
YoY Change -1084.8% -115.63%
Depreciation, Depletion And Amortization $4.100M $3.100M
YoY Change 32.26% 0.0%
Cash From Operating Activities $13.20M -$6.300M
YoY Change -309.52% -3250.0%
INVESTING ACTIVITIES
Capital Expenditures -$1.100M -$500.0K
YoY Change 120.0% -72.22%
Acquisitions
YoY Change
Other Investing Activities -$30.40M $1.900M
YoY Change -1700.0% -111.73%
Cash From Investing Activities -$31.50M $1.400M
YoY Change -2350.0% -107.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.10M 3.900M
YoY Change 364.1% -79.69%
NET CHANGE
Cash From Operating Activities 13.20M -6.300M
Cash From Investing Activities -31.50M 1.400M
Cash From Financing Activities 18.10M 3.900M
Net Change In Cash -200.0K -1.000M
YoY Change -80.0% -171.43%
FREE CASH FLOW
Cash From Operating Activities $13.20M -$6.300M
Capital Expenditures -$1.100M -$500.0K
Free Cash Flow $14.30M -$5.800M
YoY Change -346.55% -390.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 lgp Deferred Initial Direct Costs Related To Lease Of Sites
DeferredInitialDirectCostsRelatedToLeaseOfSites
1700000
CY2013Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
10400000
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
0 shares
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4869000
CY2013Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
2583000
CY2013Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
970000
CY2013Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
243243000
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
39653000
CY2013Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1228000
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
21189000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
6239000
CY2013Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
759000
CY2013Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9561000
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
36754000
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17994000
CY2013Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
64970000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1510000
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
90000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
182000
CY2013Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4800000
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6293000
CY2013Q3 us-gaap Inventory Net
InventoryNet
1829000
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
331712000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
78114000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
6240000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
67553000
CY2013Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
23501000
CY2013Q3 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
2223000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
6194000
CY2013Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
596000
CY2013Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
24768000
CY2013Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
424000
CY2013Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11452000
CY2013Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
6973000
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
370704000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
6140000
CY2013Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
716000
CY2013Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
245000
CY2013Q3 us-gaap Partners Capital
PartnersCapital
6773000
CY2013Q3 us-gaap Long Term Debt
LongTermDebt
243293000
CY2013Q3 us-gaap Liabilities
Liabilities
363931000
CY2013Q3 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
CY2013Q3 us-gaap Interest Payable Current
InterestPayableCurrent
63000
CY2013Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1025000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
104437000
CY2013Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
1394000
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1270000
CY2013Q3 us-gaap Assets Current
AssetsCurrent
23623000
CY2013Q3 us-gaap Goodwill
Goodwill
8407000
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35680000
CY2013Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
36884000
CY2013Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
29529000
CY2013Q3 us-gaap Assets
Assets
370704000
CY2013Q3 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
12661000
CY2013Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
432000
CY2013Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47132000
CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
2239000
CY2013Q3 us-gaap Recorded Third Party Environmental Recoveries Amount
RecordedThirdPartyEnvironmentalRecoveriesAmount
200000
CY2013Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
24000
CY2013Q3 lgp Recorded State Funds Or Insurance Coverage Environmental Recoveries Amount
RecordedStateFundsOrInsuranceCoverageEnvironmentalRecoveriesAmount
1200000
CY2013Q3 lgp Deferred Tax Assets Tax Lease Financing Obligations
DeferredTaxAssetsTaxLeaseFinancingObligations
28183000
CY2013Q3 lgp Deferred Tax Assets Above Market Lease Liability
DeferredTaxAssetsAboveMarketLeaseLiability
890000
CY2013Q3 lgp Deferred Tax Liabilities Below Market Lease Intangible Asset
DeferredTaxLiabilitiesBelowMarketLeaseIntangibleAsset
1267000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
183751000
CY2012Q4 us-gaap Liabilities
Liabilities
303306000
CY2012Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
124000
CY2012Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
1177000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
588000
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
292059000
CY2013Q3 lgp Business Acquisition Purchase Price Allocation Net Working Capital
BusinessAcquisitionPurchasePriceAllocationNetWorkingCapital
1700000
CY2013Q3 lgp Recorded Environmental Recoveries Amount Current
RecordedEnvironmentalRecoveriesAmountCurrent
419000
CY2013Q3 lgp Recorded Environmental Recoveries Amount Noncurrent
RecordedEnvironmentalRecoveriesAmountNoncurrent
970000
CY2013Q3 lgp Deferred Finance Costs Noncurrent And Other Assets
DeferredFinanceCostsNoncurrentAndOtherAssets
9965000
CY2013Q3 lgp Fair Value Instruments Transfers Between Levels
FairValueInstrumentsTransfersBetweenLevels
0
CY2013Q3 lgp Net Deferred Tax Assets Liabilities Gross
NetDeferredTaxAssetsLiabilitiesGross
4761000
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3299000
CY2012Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
2187000
CY2012Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
586000
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
183751000
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28835000
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
908000
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
16279000
CY2012Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
436000
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9893000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
32153000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13023000
CY2012Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
73793000
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18941000
CY2012Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
40000
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18941000
CY2012Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
591000
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7605000
CY2012Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9455000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
317851000
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
342000
CY2012Q4 us-gaap Partners Capital
PartnersCapital
14545000
CY2012Q4 us-gaap Assets Current
AssetsCurrent
22974000
CY2012Q4 us-gaap Goodwill
Goodwill
5636000
CY2012Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
8112000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
890000
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35602000
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
28834000
CY2012Q4 us-gaap Assets
Assets
317851000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4768000
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5741000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
271857000
CY2012Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
1615000
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
43207000
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2147000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
243022000
CY2012Q4 lgp Recorded Environmental Recoveries Amount Current
RecordedEnvironmentalRecoveriesAmountCurrent
591000
CY2012Q4 lgp Recorded Environmental Recoveries Amount Noncurrent
RecordedEnvironmentalRecoveriesAmountNoncurrent
586000
CY2012Q4 lgp Deferred Finance Costs Noncurrent And Other Assets
DeferredFinanceCostsNoncurrentAndOtherAssets
10031000
CY2012Q4 lgp Working Capital Payable Current
WorkingCapitalPayableCurrent
1791000
CY2012Q4 lgp Disposal Group Including Discontinued Operation Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationAccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
334000
CY2012Q4 lgp Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
1949000
CY2012Q4 lgp Fair Value Instruments Transfers Between Levels
FairValueInstrumentsTransfersBetweenLevels
0
CY2012Q4 lgp Number Of Held For Sale Locations Classified As Fair Value Assets
NumberOfHeldForSaleLocationsClassifiedAsFairValueAssets
5 site
CY2012Q4 lgp Deferred Tax Assets Tax Lease Financing Obligations
DeferredTaxAssetsTaxLeaseFinancingObligations
27944000
CY2012Q4 lgp Deferred Tax Assets Above Market Lease Liability
DeferredTaxAssetsAboveMarketLeaseLiability
CY2012Q4 lgp Deferred Tax Liabilities Below Market Lease Intangible Asset
DeferredTaxLiabilitiesBelowMarketLeaseIntangibleAsset
CY2012Q4 lgp Net Deferred Tax Assets Liabilities Gross
NetDeferredTaxAssetsLiabilitiesGross
9893000
dei Trading Symbol
TradingSymbol
LGP
dei Entity Registrant Name
EntityRegistrantName
Lehigh Gas Partners LP
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001538849
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7525983 shares
us-gaap Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
-1778000
us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
1.4325
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27257000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.940
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <b>Reclassifications</b></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> Certain reclassifications were made to prior period amounts to conform to the current year presentation. Specifically, accounts receivable and accounts payable as of December&#xA0;31, 2012 were each increased by $2.0&#xA0;million. This reclassification has no impact on net income or partners&#x2019; capital for any periods.</p> </div>
us-gaap Interest Paid Net
InterestPaidNet
8289000
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
4651000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
408000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-161000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14090000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
47000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
663000
us-gaap Accrual For Environmental Loss Contingencies Provision For New Losses
AccrualForEnvironmentalLossContingenciesProvisionForNewLosses
650000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
300000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
120000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
18435000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
30555000
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1652000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
140000
us-gaap Operating Income Loss
OperatingIncomeLoss
22671000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
558000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
34000
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
21000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
14150000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
642000
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
47000
us-gaap Net Income Loss
NetIncomeLoss
14150000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
6649000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1829000
us-gaap Notes Issued1
NotesIssued1
1000000
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
11352000
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
14150000
us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
1700000
us-gaap Sales Revenue Net
SalesRevenueNet
1449238000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5249000
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
21000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
35000
us-gaap Costs And Expenses
CostsAndExpenses
1426567000
us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
319000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1572000
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-332000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1096000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
48000
us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
144000
us-gaap Fuel Costs
FuelCosts
684224000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
105000
us-gaap Share Based Compensation
ShareBasedCompensation
2223000
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
3219000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
90000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
14915000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4586000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
843000
us-gaap Interest Expense
InterestExpense
10233000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
374000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
181000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4910000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
91000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1433000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2210000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33415000
us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
34000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1465000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14915000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2013000
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-2482000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3200000
us-gaap Depreciation
Depreciation
11700000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11463000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
39000
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
30827000
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
18435000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12003000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-60000
lgp Advances To From Affiliates Financing Activities
AdvancesToFromAffiliatesFinancingActivities
1720000
lgp Settlement Of Capital Lease Obligation
SettlementOfCapitalLeaseObligation
272000
lgp Increase Decrease In Environmental Recoveries
IncreaseDecreaseInEnvironmentalRecoveries
212000
lgp Increase Decrease In Accrued Environmental Loss Contingencies
IncreaseDecreaseInAccruedEnvironmentalLossContingencies
217000
lgp Fuel Costs From Related Party
FuelCostsFromRelatedParty
700756000
lgp Fuel Sales Revenue
FuelSalesRevenue
698649000
lgp Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
719916000
lgp Income Loss From Continuing Operations Before Income Taxes Excluding Subsidiary
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExcludingSubsidiary
13821000
lgp Income Loss From Continuing Operations Before Income Taxes Of Subsidiary
IncomeLossFromContinuingOperationsBeforeIncomeTaxesOfSubsidiary
269000
lgp Net Income Loss Allocated To Common Units
NetIncomeLossAllocatedToCommonUnits
7075000
lgp Net Income Loss Per Outstanding Limited Partnership Subordinated Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipSubordinatedUnitBasicAndDiluted
0.940
lgp Net Income Loss Allocated To Subordinated Units
NetIncomeLossAllocatedToSubordinatedUnits
7075000
lgp Number Of Participating Incentive Distribution Rights
NumberOfParticipatingIncentiveDistributionRights
0 Item
lgp Rental Income From Related Parties
RentalIncomeFromRelatedParties
19287000
lgp Weighted Average Limited Partnership Subordinate Units Outstanding Basic And Diluted
WeightedAverageLimitedPartnershipSubordinateUnitsOutstandingBasicAndDiluted
7525000 shares
lgp Lease Termination Payment Made To Related Party
LeaseTerminationPaymentMadeToRelatedParty
3508000
lgp Receipt Of Portion Of Acquisition Purchase Price From Settlement Of Escrow
ReceiptOfPortionOfAcquisitionPurchasePriceFromSettlementOfEscrow
131000
lgp Accrual For Environmental Loss Contingencies Recoveries From Environmental Indemnification Assets
AccrualForEnvironmentalLossContingenciesRecoveriesFromEnvironmentalIndemnificationAssets
289000
lgp Increase Decrease In Preliminary Purchase Accounting
IncreaseDecreaseInPreliminaryPurchaseAccounting
6045000
lgp Increase Decrease In Non Cash Issuance Of Long Term Debt
IncreaseDecreaseInNonCashIssuanceOfLongTermDebt
26250000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
900000
us-gaap Depreciation
Depreciation
10200000
CY2013Q3 lgp Related Party Transaction Purchases From Related Party Cash Paid
RelatedPartyTransactionPurchasesFromRelatedPartyCashPaid
1700000
CY2013Q3 lgp Lease Termination Payment Made To Related Party
LeaseTerminationPaymentMadeToRelatedParty
3500000
CY2013Q1 lgp Direct Payment Made By Unrelated Third Party To Vacate Leased Sites
DirectPaymentMadeByUnrelatedThirdPartyToVacateLeasedSites
1700000
CY2013Q1 lgp Number Of Sites Leased To Unrelated Third Party
NumberOfSitesLeasedToUnrelatedThirdParty
19 site
CY2012Q3 us-gaap Depreciation
Depreciation
3100000
CY2013Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7526044 shares
CY2013Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.5025
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.327
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4201000
CY2013Q3 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
300000
CY2013Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
555000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6995000
CY2013Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
34000
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4924000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
4924000
CY2013Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
4167000
CY2013Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
4924000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
490112000
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
483117000
CY2013Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-868000
CY2013Q3 us-gaap Fuel Costs
FuelCosts
246281000
CY2013Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1286000
CY2013Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5212000
CY2013Q3 us-gaap Interest Expense
InterestExpense
3349000
CY2013Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
132000
CY2013Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13000
CY2013Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000
CY2013Q3 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
34000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2013Q3 us-gaap Depreciation
Depreciation
4100000
CY2013Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3679000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4604000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-723000
CY2013Q3 lgp Fuel Costs From Related Party
FuelCostsFromRelatedParty
222021000
CY2013Q3 lgp Fuel Sales Revenue
FuelSalesRevenue
251626000
CY2013Q3 lgp Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
228347000
CY2013Q3 lgp Income Loss From Continuing Operations Before Income Taxes Excluding Subsidiary
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExcludingSubsidiary
4162000
CY2013Q3 lgp Income Loss From Continuing Operations Before Income Taxes Of Subsidiary
IncomeLossFromContinuingOperationsBeforeIncomeTaxesOfSubsidiary
39000
CY2013Q3 lgp Net Income Loss Allocated To Common Units
NetIncomeLossAllocatedToCommonUnits
2462000
CY2013Q3 lgp Net Income Loss Per Outstanding Limited Partnership Subordinated Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipSubordinatedUnitBasicAndDiluted
0.327
CY2013Q3 lgp Net Income Loss Allocated To Subordinated Units
NetIncomeLossAllocatedToSubordinatedUnits
2462000
CY2013Q3 lgp Rental Income From Related Parties
RentalIncomeFromRelatedParties
5938000
CY2013Q3 lgp Weighted Average Limited Partnership Subordinate Units Outstanding Basic And Diluted
WeightedAverageLimitedPartnershipSubordinateUnitsOutstandingBasicAndDiluted
7525000 shares

Files In Submission

Name View Source Status
0001193125-13-438157-index-headers.html Edgar Link pending
0001193125-13-438157-index.html Edgar Link pending
0001193125-13-438157.txt Edgar Link pending
0001193125-13-438157-xbrl.zip Edgar Link pending
d595140d10q.htm Edgar Link pending
d595140dex311.htm Edgar Link pending
d595140dex312.htm Edgar Link pending
d595140dex321.htm Edgar Link pending
d595140dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lgp-20130930.xml Edgar Link completed
lgp-20130930.xsd Edgar Link pending
lgp-20130930_cal.xml Edgar Link unprocessable
lgp-20130930_def.xml Edgar Link unprocessable
lgp-20130930_lab.xml Edgar Link unprocessable
lgp-20130930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending