This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TravelCenters Of America LLC Announces Third Quarter 2012 Results

These financial statements should be read in conjunction with TA’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2012, to be filed with the Securities and Exchange Commission, including the condensed consolidated financial statements and notes thereto that describe certain revisions to the financial information for the three months ended September 30, 2011, that TA determined are not material.

(in thousands, except per share data)
Nine Months Ended September 30,
2012   2011
Fuel $ 5,039,010 $ 4,989,927
Nonfuel 1,020,299 963,676
Rent and royalties   11,220   10,753
Total revenues 6,070,529 5,964,356
Cost of goods sold (excluding depreciation):
Fuel 4,789,447 4,761,943
Nonfuel   455,201   415,348
Total cost of goods sold (excluding depreciation) 5,244,648 5,177,291
Operating expenses:
Site level operating 525,962 511,035
Selling, general & administrative 73,110 65,768
Real estate rent 148,030 143,339
Depreciation and amortization   37,138   34,399
Total operating expenses   784,240   754,541
Income from operations 41,641 32,524
Equity in income of equity investees 1,263 714
Acquisition costs (647 ) (446 )
Interest income 1,094 655
Interest expense (7,632 ) (6,688 )
Income before income taxes 35,719 26,759
Provision for income taxes   1,062   710
Net income $ 34,657 $ 26,049
Net income per share:
Basic and diluted $ 1.20 $ 1.15
Weighted average shares outstanding:
Basic and diluted (1)   28,793   22,687

(1) Includes unvested shares granted under our share award plan.

5 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,830.63 +110.71 0.62%
S&P 500 2,091.94 +11.53 0.55%
NASDAQ 5,133.2860 +24.62 0.48%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs