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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified | 3 Months Ended
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Mar. 31, 2014 | Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |  |
NET CASH USED IN OPERATING ACTIVITIES | $ (34,295) | $ (13,836)
CASH FLOWS FROM INVESTING ACTIVITIES: |  |
Purchases of marketable securities | (53,440) | (95,255)
Sales of marketable securities | 92,772 | 182,560
Proceeds from the sale of equipment |  | 90
Acquisition of property and equipment: |  |
Aircraft and rotable spare parts | (66,728) | (17,525)
Buildings and ground equipment | (3,892) | (1,664)
Increase in other assets | (14,257) | (13,825)
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | (45,545) | 54,381
CASH FLOWS FROM FINANCING ACTIVITIES: |  |
Principal payments on long-term debt | (32,932) | (31,627)
Proceeds from issuance of long-term debt | 29,281 |
Net proceeds from issuance of common stock | 1,854 | 2,638
Tax deficiency from exercise of commons stock | (1,266) |
Purchase of treasury stock | (3,076) | (196)
Payment of cash dividends | (2,054) | (2,057)
NET CASH USED IN FINANCING ACTIVITIES | (8,193) | (31,242)
Increase (decrease) in cash and cash equivalents | (88,033) | 9,303
Cash and cash equivalents at beginning of period | 170,636 | 133,772
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 82,603 | 143,075
Cash paid (received) during the period for: |  |
Interest, net of capitalized amounts | 13,122 | 14,603
Income taxes | $ 451 | $ 388

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3044-108585 + Details
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- Definition Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3574-108585 + Details
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- Definition Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3574-108585 + Details
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