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Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues and other income        
Total lease revenue $ 1,564,324 $ 1,002,171 $ 3,303,865 $ 2,074,153
Net gain on sale of assets 35,200 22,453 38,485 27,248
Other income 71,188 207,444 118,378 226,017
Total Revenues and other income 1,670,712 1,232,068 3,460,728 2,327,418
Expenses        
Depreciation and amortization 580,744 392,162 1,215,158 788,720
Net charges related to Ukraine Conflict 0 0 2,728,718 0
Asset impairment 11,803 57,054 14,228 73,386
Interest expense 399,994 292,887 780,779 573,704
Loss on debt extinguishment 901 0 2,041 6,061
Leasing expenses 193,231 59,010 401,286 103,542
Selling, general and administrative expenses 104,872 73,071 202,347 130,422
Transaction and integration-related expenses 9,245 69,197 26,633 94,675
Total Expenses 1,300,790 943,381 5,371,190 1,770,510
Loss on investment at fair value (12,464) 0 (12,351) (2,463)
Income (loss) before income taxes and income of investments accounted for under the equity method 357,458 288,687 (1,922,813) 554,445
Income tax (expense) benefit (50,044) (40,531) 228,263 (80,395)
Equity in net earnings of investments accounted for under the equity method 33,148 1,703 34,431 3,855
Net income (loss) 340,562 249,859 (1,660,119) 477,905
Net income attributable to non-controlling interest (736) (108) (885) (129)
Net income (loss) attributable to AerCap Holdings N.V. $ 339,826 $ 249,751 $ (1,661,004) $ 477,776
Basic earnings per share (in USD per share) $ 1.41 $ 1.95 $ (6.92) $ 3.73
Diluted earnings per share (in USD per share) $ 1.40 $ 1.92 $ (6.92) $ 3.68
Weighted average shares outstanding—basic (in shares) 240,367,450 128,243,450 240,008,449 128,064,564
Weighted average shares outstanding—diluted (in shares) 242,264,561 129,896,210 240,008,449 129,690,334
Basic lease rents        
Revenues and other income        
Total lease revenue $ 1,461,526 $ 871,237 $ 3,015,172 $ 1,760,324
Maintenance rents and other receipts        
Revenues and other income        
Total lease revenue $ 102,798 $ 130,934 $ 288,693 $ 313,829