TravelCenters of America LLC (NYSE Amex: TA) today announced financial results for the three and nine months ended September 30, 2011.

At September 30, 2011, TA’s business included 235 sites, 167 of which were operated under the “TravelCenters of America” or “TA” brand names and 68 of which were operated under the “Petro” brand name.
       
Three Months Ended

September 30,
Nine Months Ended

September 30,
2011   2010 2011   2010
(in thousands, except per share, per gallon and percentage amounts)
 
Revenues $ 2,087,285 $ 1,513,110 $ 5,964,356 $ 4,401,220
Net income (loss) $ 20,658 $ 4,466 $ 25,586 $ (35,577 )
 
Net income (loss) per share:
Basic and diluted $ 0.74 $ 0.26 $ 1.13 $ (2.06 )
 
Supplemental Data:
Total fuel sales volume (gallons) 543,959 518,922 1,574,394 1,529,695
Total fuel revenues $ 1,734,621 $ 1,192,949 $ 4,989,927 $ 3,512,206
Fuel gross margin $ 81,322 $ 74,642 $ 227,984 $ 199,587
Total fuel gross margin per gallon $ 0.150 $ 0.144 $ 0.145 $ 0.130
 
 
Total nonfuel revenues $ 348,790 $ 316,639 $ 963,676 $ 878,821
Nonfuel gross margin $ 196,010 $ 182,119 $ 548,328 $ 508,542
Nonfuel gross margin percentage 56.2 % 57.5 % 56.9 % 57.9 %
 
EBITDAR $ 83,069 $ 79,785 $ 210,530 $ 188,759
 

A calculation of earnings before interest, taxes, depreciation, amortization and rent, or EBITDAR, from net income (loss) determined according to U.S. generally accepted accounting principles, or GAAP, appears later in this press release.

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