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Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and other income        
Operating lease, lease income $ 1,717,382 $ 1,564,324 $ 3,441,187 $ 3,303,865
Net gain on sale of assets 165,909 35,200 265,449 38,485
Other income 41,090 71,188 83,467 118,378
Total Revenues and other income 1,924,381 1,670,712 3,790,103 3,460,728
Expenses        
Depreciation and amortization 615,604 580,744 1,226,121 1,215,158
Net (recoveries) charges related to Ukraine Conflict (13,964) 0 (28,072) 2,728,718
Asset impairment 2,098 11,803 36,433 14,228
Interest expense 427,376 399,994 863,598 780,779
Loss on debt extinguishment 790 901 3,851 2,041
Leasing expenses 229,238 193,231 455,247 401,286
Selling, general and administrative expenses 119,737 104,872 230,341 202,347
Transaction and integration-related expenses 0 9,245 0 26,633
Total Expenses 1,380,879 1,300,790 2,787,519 5,371,190
(Loss) gain on investments at fair value (5,259) (12,464) 3,986 (12,351)
Income (loss) before income taxes and income of investments accounted for under the equity method 538,243 357,458 1,006,570 (1,922,813)
Income tax (expense) benefit (75,747) (50,044) (141,341) 228,263
Equity in net earnings of investments accounted for under the equity method 34,374 33,148 66,918 34,431
Net income (loss) 496,870 340,562 932,147 (1,660,119)
Net income attributable to non-controlling interest (3,976) (736) (7,148) (885)
Net income (loss) attributable to AerCap Holdings N.V. $ 492,894 $ 339,826 $ 924,999 $ (1,661,004)
Basic earnings per share (in USD per share) $ 2.13 $ 1.41 $ 3.93 $ (6.92)
Diluted earnings per share (in USD per share) $ 2.12 $ 1.40 $ 3.90 $ (6.92)
Weighted average shares outstanding—basic (in shares) 231,318,582 240,367,450 235,321,261 240,008,449
Weighted average shares outstanding—diluted (in shares) 232,866,512 242,264,561 237,204,222 240,008,449
Basic lease rents        
Revenues and other income        
Operating lease, lease income $ 1,561,368 $ 1,461,526 $ 3,098,031 $ 3,015,172
Maintenance rents and other receipts        
Revenues and other income        
Operating lease, lease income $ 156,014 $ 102,798 $ 343,156 $ 288,693