v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Sales $ 6,684,388 $ 4,694,416 $ 18,798,276 $ 13,913,538
Cost of sales 6,388,422 4,423,048 17,841,202 13,114,567
Gross profit 295,966 271,368 957,074 798,971
Costs and operating expenses:        
Selling, general and administrative expenses 79,350 76,289 261,731 224,781
Operating expenses 131,142 132,505 397,210 394,883
Amortization expense 1,270 1,275 3,809 4,063
Net loss (gain) on sale and disposition of assets 533 (136) (2,449) (2,355)
Long-lived asset impairment   20   231
Total costs and operating expenses 212,295 209,953 660,301 621,603
Operating income 83,671 61,415 296,773 177,368
Other income (expense):        
Income from equity method investments 884 655 3,606 3,071
Interest expense (31,397) (33,316) (99,984) (103,878)
Loss on early extinguishment of debt   (176)   (2,971)
Income before income tax (expense) benefit 53,158 28,578 200,395 73,590
Income tax (expense) benefit (800) 447 (6,916) (671)
Net income 52,358 29,025 193,479 72,919
Less: General partner's interest in net income, including incentive distribution rights 5,910 4,799 17,179 13,826
Preferred Limited Partners        
Other income (expense):        
Net income attributable to common limited partners 594 1,781 4,156 5,343
Less: Redemption of Series B preferred limited partner units 2,833   2,833  
Common Limited Partners        
Other income (expense):        
Net income attributable to common limited partners $ 43,021 $ 22,445 $ 169,311 $ 53,750
Basic net income per common limited partner unit $ 1.27 $ 0.66 $ 5 $ 1.59
Diluted net income per common limited partner unit $ 1.26 $ 0.66 $ 4.95 $ 1.57
Basic weighted average common limited partner units outstanding 33,845 33,874 33,887 33,893
Diluted weighted average common limited partner units outstanding 34,130 34,157 34,173 34,239