$CAPL
CrossAmerica Partners LP

2018 Q2 Form 10-Q Financial Statement

#000156459018019531 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q4 2017 Q2
Revenue $673.3M $552.7M $528.8M
YoY Change 27.33% 10.21% 3.15%
Cost Of Revenue $629.3M $512.5M $487.2M
YoY Change 29.18% 10.76% 3.19%
Gross Profit $43.97M $40.12M $41.62M
YoY Change 5.65% 3.61% 2.73%
Gross Profit Margin 6.53% 7.26% 7.87%
Selling, General & Admin $4.810M $4.200M $11.90M
YoY Change -59.58% -31.15% 141.82%
% of Gross Profit 10.94% 10.47% 28.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.90M $14.80M $14.30M
YoY Change 53.15% 7.25% 0.27%
% of Gross Profit 49.8% 36.89% 34.36%
Operating Expenses $4.810M $29.70M $42.42M
YoY Change -88.66% -6.01% 20.16%
Operating Profit -$1.568M $11.84M $2.718M
YoY Change -157.69% 71.53% -70.95%
Interest Expense $8.157M -$7.300M $6.795M
YoY Change 20.04% 14.06% 19.13%
% of Operating Profit -61.67% 250.0%
Other Income/Expense, Net $89.00K $100.0K $127.0K
YoY Change -29.92% -80.0% -59.81%
Pretax Income -$9.636M $4.600M -$3.950M
YoY Change 143.95% 360.0% -199.55%
Income Tax -$2.698M -$3.400M $49.00K
% Of Pretax Income -73.91%
Net Earnings -$6.935M $21.12M -$3.993M
YoY Change 73.68% 809.65% -210.12%
Net Earnings / Revenue -1.03% 3.82% -0.76%
Basic Earnings Per Share
Diluted Earnings Per Share -$201.2K $124.5K -$118.3K
COMMON SHARES
Basic Shares Outstanding 33.73M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q2 2017 Q4 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.500M $3.900M $3.400M
YoY Change -26.47% 178.57% 3.03%
Cash & Equivalents $2.475M $3.897M $3.429M
Short-Term Investments
Other Short-Term Assets $11.80M $7.528M $6.115M
YoY Change 92.97% 14.83% -15.52%
Inventory $16.40M $15.12M $11.91M
Prepaid Expenses
Receivables $49.50M $27.79M $21.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $80.20M $80.51M $61.95M
YoY Change 29.47% 23.08% -0.79%
LONG-TERM ASSETS
Property, Plant & Equipment $664.4M $681.0M $661.3M
YoY Change 0.47% 0.54% 1.97%
Goodwill $89.11M $89.11M
YoY Change 0.0% 0.0%
Intangibles $76.06M $72.91M
YoY Change -5.82% -11.09%
Long-Term Investments
YoY Change
Other Assets $19.90M $20.56M $20.43M
YoY Change -2.59% 6.06% 32.64%
Total Long-Term Assets $840.2M $866.7M $843.7M
YoY Change -0.42% 0.02% 1.04%
TOTAL ASSETS
Total Short-Term Assets $80.20M $80.51M $61.95M
Total Long-Term Assets $840.2M $866.7M $843.7M
Total Assets $920.4M $947.2M $905.7M
YoY Change 1.63% 1.64% 0.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.30M $35.79M $36.12M
YoY Change 102.92% 2.54% 2.65%
Accrued Expenses $27.60M $17.02M $16.31M
YoY Change 69.23% 8.34% -10.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.900M $2.900M $2.117M
YoY Change 36.99% 38.1% -23.99%
Total Short-Term Liabilities $103.8M $93.47M $84.34M
YoY Change 23.08% 24.41% 19.85%
LONG-TERM LIABILITIES
Long-Term Debt $538.4M $529.1M $470.7M
YoY Change 14.38% 13.76% -2.32%
Other Long-Term Liabilities $127.8M $98.06M $98.55M
YoY Change 29.68% -2.19% 128.09%
Total Long-Term Liabilities $666.2M $98.06M $98.55M
YoY Change 575.98% -2.19% 128.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $103.8M $93.47M $84.34M
Total Long-Term Liabilities $666.2M $98.06M $98.55M
Total Liabilities $790.4M $776.2M $722.0M
YoY Change 9.47% 9.15% 8.83%
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 $130.0M $171.3M $183.9M
YoY Change
Total Liabilities & Shareholders Equity $920.4M $947.2M $905.7M
YoY Change 1.63% 1.64% 0.91%

Cashflow Statement

Concept 2018 Q2 2017 Q4 2017 Q2
OPERATING ACTIVITIES
Net Income -$6.935M $21.12M -$3.993M
YoY Change 73.68% 809.65% -210.12%
Depreciation, Depletion And Amortization $21.90M $14.80M $14.30M
YoY Change 53.15% 7.25% 0.27%
Cash From Operating Activities $19.10M $22.60M $27.60M
YoY Change -30.8% 43.95% 50.0%
INVESTING ACTIVITIES
Capital Expenditures -$4.200M -$2.300M -$5.700M
YoY Change -26.32% -75.0% 185.0%
Acquisitions
YoY Change
Other Investing Activities $200.0K -$69.10M $300.0K
YoY Change -33.33% -2757.69% 200.0%
Cash From Investing Activities -$4.000M -$71.40M -$5.300M
YoY Change -24.53% 981.82% 178.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.30M 51.20M -24.60M
YoY Change -41.87% -578.5% 60.78%
NET CHANGE
Cash From Operating Activities 19.10M 22.60M 27.60M
Cash From Investing Activities -4.000M -71.40M -5.300M
Cash From Financing Activities -14.30M 51.20M -24.60M
Net Change In Cash 800.0K 2.400M -2.300M
YoY Change -134.78% -250.0% -291.67%
FREE CASH FLOW
Cash From Operating Activities $19.10M $22.60M $27.60M
Capital Expenditures -$4.200M -$2.300M -$5.700M
Free Cash Flow $23.30M $24.90M $33.30M
YoY Change -30.03% 0.0% 63.24%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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GrossProfit
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CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Cost Of Goods And Services Sold
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CY2018Q2 us-gaap Gross Profit
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CY2018Q2 us-gaap Income Loss From Equity Method Investments
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CY2018Q2 us-gaap Selling General And Administrative Expense
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CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Payments Of Capital Distribution
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2018Q2 us-gaap Interest Expense
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CY2017Q2 us-gaap Interest Expense
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us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Increase Decrease In Operating Capital
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Collection Of Notes Receivable
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us-gaap Proceeds From Collection Of Notes Receivable
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us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Cost Of Goods And Services Sold
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CY2017Q4 us-gaap Limited Partners Capital Account Units Issued
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CY2017Q4 us-gaap Limited Partners Capital Account Units Outstanding
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CY2017Q4 us-gaap Liabilities And Stockholders Equity
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capl Gain Loss On Disposition Of Assets And Lease Terminations
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capl Gain Loss On Disposition Of Assets And Lease Terminations
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CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2017Q2 us-gaap Income Loss From Equity Method Investments
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CY2017Q2 us-gaap Operating Costs And Expenses
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CY2017Q2 us-gaap Net Income Loss
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CY2018Q2 us-gaap Incentive Distribution Distribution Per Year
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CY2018Q2 us-gaap Partners Capital Attributable To Noncontrolling Interest
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CY2017Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Limited Partners Capital Account Units Issued
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CY2018Q2 us-gaap Limited Partners Capital Account Units Outstanding
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CY2018Q2 us-gaap Net Income Loss Allocated To Limited Partners
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CY2017Q2 us-gaap Net Income Loss Allocated To Limited Partners
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CY2018Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
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capl Weighted Average Number Of Limited Partnership Units Including Antidilutive Securities
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CY2018Q2 us-gaap Distributions Per Limited Partnership Unit Outstanding
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us-gaap Distributions Per Limited Partnership Unit Outstanding
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us-gaap Distributions Per Limited Partnership Unit Outstanding
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us-gaap Lease And Rental Expense
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Above And Below Market Leases
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Share Based Compensation
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Gross
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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us-gaap Use Of Estimates
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<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results and outcomes could differ from those estimates and assumptions. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances could result in revised estimates and assumptions.</p></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the six months ended June 30, 2018, we distributed 12%&#160;of our total wholesale distribution volumes to DMS and DMS accounted for 18% of our rental income. For the six months ended June 30, 2017, we distributed 14% of our total wholesale distribution volumes to DMS and DMS accounted for 23% of our rental income.&#160;&#160;</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2018, we executed master fuel supply and master lease agreements with a third party multi-site operator of retail motor fuel stations, to which we will transition 43 sites in Florida from DMS in the third and fourth quarters of 2018. The master fuel supply and master lease agreements have an initial 10-year term with four 5-year renewal options. See Note 7 for information relating to our recapture of these sites from the master lease agreement with DMS.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the six months ended June 30, 2018, we distributed 6% of our total wholesale distribution volume to Circle K retail sites that are not supplied by CST Fuel Supply and received 19%&#160;of our rental income from Circle K. For the six months ended June 30, 2017, we distributed 8% of our total wholesale distribution volume to CST retail sites that are not supplied by CST Fuel Supply and received 20% of our rental income from CST.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For more information regarding transactions with DMS and Circle K, see Note 7.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the six months ended June 30, 2018, our wholesale business purchased approximately 26%, 26%, 12% and 10% of its motor fuel from ExxonMobil, BP, Motiva and Circle K, respectively. For the six months ended June 30, 2017, our wholesale business purchased approximately 28%, 27% and 18% of its motor fuel from ExxonMobil, BP and Motiva, respectively. No other fuel suppliers accounted for 10% or more of our motor fuel purchases during the six months ended June 30, 2018 and 2017.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Valero supplied substantially all of the motor fuel purchased by CST Fuel Supply during all periods presented.&#160;</p></div>
us-gaap Business Acquisition Date Of Acquisition Agreement1
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2017-06-28
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CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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543253000
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
533985000
CY2018Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
540305000
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
531069000
CY2018Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1921000
CY2018Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
76900000
CY2017Q4 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Due Date Day Month And Year
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationDueDateDayMonthAndYear
2018-03-01
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Due Date Day Month And Year
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationDueDateDayMonthAndYear
2018-05-21
CY2017Q4 us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
136882
CY2018Q1 us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
155236
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1922000
CY2018Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
5400000
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
6700000
CY2018Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
3600000
CY2017Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
3500000
CY2018Q2 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
516500000
CY2017Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
506000000
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
200000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000
CY2017Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
700000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
47000
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
500000
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
700000
us-gaap Income Tax Holiday Description
IncomeTaxHolidayDescription
As a limited partnership, we are not subject to federal and state income taxes, however our corporate subsidiaries are subject to income taxes. Income tax attributable to our taxable income, which may differ significantly from income for financial statement purposes, is assessed at the individual limited partner unit holder level. We are subject to a statutory requirement that non-qualifying income, as defined by the Internal Revenue Code, cannot exceed 10% of total gross income for the calendar year. If non-qualifying income exceeds this statutory limit, we would be taxed as a corporation. The non-qualifying income did not exceed the statutory limit in any period presented.
CY2018Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
18002000
CY2017Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
20826000
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
39417000
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
41360000
CY2018Q2 capl Partners Capital Distributions In Excess Of Net Income
PartnersCapitalDistributionsInExcessOfNetIncome
-25070000
CY2017Q2 capl Partners Capital Distributions In Excess Of Net Income
PartnersCapitalDistributionsInExcessOfNetIncome
-25874000
capl Partners Capital Distributions In Excess Of Net Income
PartnersCapitalDistributionsInExcessOfNetIncome
-48470000
capl Partners Capital Distributions In Excess Of Net Income
PartnersCapitalDistributionsInExcessOfNetIncome
-45704000
CY2018Q2 capl Net Income Loss Allocated To Limited Partners Basic
NetIncomeLossAllocatedToLimitedPartnersBasic
-7068000
CY2017Q2 capl Net Income Loss Allocated To Limited Partners Basic
NetIncomeLossAllocatedToLimitedPartnersBasic
-5048000
capl Net Income Loss Allocated To Limited Partners Basic
NetIncomeLossAllocatedToLimitedPartnersBasic
-9053000
capl Net Income Loss Allocated To Limited Partners Basic
NetIncomeLossAllocatedToLimitedPartnersBasic
-4344000
CY2018Q2 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
34336386
CY2017Q2 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
33798905
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
34247232
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
33694116
CY2018Q2 capl Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Basic And Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitBasicAndDiluted
-0.21
CY2017Q2 capl Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Basic And Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitBasicAndDiluted
-0.15
capl Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Basic And Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitBasicAndDiluted
-0.26
capl Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Basic And Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitBasicAndDiluted
-0.13
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9711
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10327
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8020
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23496
CY2017Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2018-02-05
CY2018Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2018-05-18
CY2018Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2018-08-06
CY2017Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-02-12
CY2018Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-05-25
CY2018Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-08-13
CY2017Q4 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.6275
CY2018Q1 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.5250
CY2018Q2 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
0.5250
CY2017Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
21415000
CY2018Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
18002000
CY2018Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
18084000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2018Q2 capl Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
0
CY2017Q2 capl Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
0
capl Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
0
capl Fuel Sales Revenue From Related Parties
FuelSalesRevenueFromRelatedParties
0
CY2018Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
49530000
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
42251000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5556000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8049000
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-1946000
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-132000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1296000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
929000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
721000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
698000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
460000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2004000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7314000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1219000
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-3858000
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-6425000
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
254000
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-450000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
865000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-813000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2794000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
63000
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-358000
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
16384000
us-gaap Interest Paid Net
InterestPaidNet
15376000
us-gaap Interest Paid Net
InterestPaidNet
12587000
us-gaap Income Taxes Paid
IncomeTaxesPaid
1286000
us-gaap Income Taxes Paid
IncomeTaxesPaid
782000
us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
6518000
us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
7718000
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
260000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
740000

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