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Stock Repurchase | 12 Months Ended
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Dec. 31, 2012
Stock Repurchase |
Stock Repurchase | (11) Stock Repurchase The Company's Board of Directors has authorized the repurchase of up to 25,000,000 shares of the Company's common stock in the public market. During the years ended December 31, 2012 and 2011, the Company repurchased 0.1 million and 4.1 million shares of common stock for approximately $0.9 million and $60.7 million, respectively at a weighted average price per share of $15.32 and $14.62, respectively. Effective September 14, 2012, the Company's Board of Directors adopted the SkyWest, Inc. 2012 Stock Repurchase Plan (the "Stock Repurchase Plan"), which provides for the repurchase of up to 6,514,266 shares of common stock, from time to time in open market or privately negotiated transactions, as contemplated by Rule 10b5-1 promulgated under the Exchange Act, as amended. The Stock Repurchase Plan expires on October 15, 2014.

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- Definition The entire disclosure for an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation. + References No definition available. + Details
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