CrossAmerica Partners LP
For the period ended May 7, 2025. Filed May 8, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 7, 2025 · Filed May 8, 2025
CAPL$19.77+0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (Thousands of Dollars, except unit data)
(Thousands of Dollars, except unit data)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $6,748 | $3,381 |
| Accounts receivable, net of allowances of $687 and $757, respectively | 28,742 | 31,603 |
| Accounts receivable from related parties | 647 | 634 |
| Inventory | 60,889 | 63,169 |
| Assets held for sale | 41,895 | 8,994 |
| Current portion of interest rate swap contracts | 2,386 | 2,958 |
| Other current assets | 10,140 | 8,091 |
| Total current assets | 151,447 | 118,830 |
| Property and equipment, net | 606,465 | 656,300 |
| Right-of-use assets, net | 132,325 | 136,430 |
| Intangible assets, net | 73,107 | 77,242 |
| Goodwill | 99,409 | 99,409 |
| Deferred tax assets | 1,757 | 1,001 |
| Interest rate swap contracts, less current portion | 1,858 | 5,133 |
| Other assets | 20,201 | 20,380 |
| Total assets | $1,086,569 | $1,114,725 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of debt and finance lease obligations | $3,317 | $3,266 |
| Current portion of operating lease obligations | 35,155 | 35,065 |
| Accounts payable | 74,024 | 73,986 |
| Accounts payable to related parties | 7,181 | 7,729 |
| Current portion of interest rate swap contracts | 148 | — |
| Accrued expenses and other current liabilities | 25,580 | 24,044 |
| Motor fuel and sales taxes payable | 18,284 | 18,756 |
| Total current liabilities | 163,689 | 162,846 |
| Debt and finance lease obligations, less current portion | 774,075 | 763,932 |
| Operating lease obligations, less current portion | 102,032 | 106,296 |
| Deferred tax liabilities, net | 4,875 | 7,424 |
| Asset retirement obligations | 48,422 | 48,251 |
| Interest rate swap contracts, less current portion | 1,200 | 311 |
| Other long-term liabilities | 48,602 | 50,448 |
| Total liabilities | 1,142,895 | 1,139,508 |
| Commitments and contingencies (Note 10) | ||
| Preferred membership interests | 29,658 | 28,993 |
| Equity: | ||
| Common units— 38,097,513 and 38,059,702 units issued and outstanding at March 31, 2025 and December 31, 2024, respectively | (88,730) | (61,371) |
| Accumulated other comprehensive income | 2,746 | 7,595 |
| Total equity | (85,984) | (53,776) |
| Total liabilities and equity | $1,086,569 | $1,114,725 |
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