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Segment Reporting | 12 Months Ended
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Dec. 31, 2016
Segment Reporting |
Segment Reporting | (2) Segment Reporting Generally accepted accounting principles require disclosures related to components of a company for which separate financial information is available to, and regularly evaluated by, the Company’s chief operating decision maker when deciding how to allocate resources and in assessing performance. The Company’s three reporting segments consist of the operations of SkyWest Airlines, ExpressJet and SkyWest Leasing activities. Corporate overhead expenses incurred by the Company are allocated to the operating expenses of SkyWest Airlines and ExpressJet. The Company’s chief operating decision maker analyzes the profitability of operating the E175 aircraft (including operating costs and associated revenue) separately from the profitability of the Company’s ownership, financing costs and associated revenue of the Company’s E175 aircraft (including depreciation expense, interest expense and associated revenue). The SkyWest Leasing segment includes revenue attributed to the Company’s E175 aircraft ownership cost earned under the applicable fixed-fee contracts and the depreciation and interest expense of the Company’s E175 aircraft. The SkyWest Leasing segment’s total assets and capital expenditures include the acquired E175 aircraft. The SkyWest Leasing segment additionally includes the activity of two CRJ200 aircraft leased to a third party. The following represents the Company’s segment data for the years ended December 31, 2016, 2015 and 2014 (in thousands).
|  |  | Year Ended December 31, 2016 |
|  |  | SkyWest |  |  |  |  |  |  |  |  |  |
|  |  | Airlines |  |  | ExpressJet |  |  | SkyWest Leasing |  |  | Consolidated |
Operating revenues |  | $ | 1,935,378 |  | $ | 1,044,828 |  | $ | 141,000 |  | $ | 3,121,206 |
Operating expense |  |  | 1,886,173 |  |  | 1,339,569 |  |  | 68,148 |  |  | 3,293,890 |
Depreciation and amortization expense |  |  | 139,159 |  |  | 83,935 |  |  | 61,875 |  |  | 284,969 |
Special items |  |  | 184,295 |  |  | 281,354 |  |  | — |  |  | 465,649 |
Interest expense |  |  | 26,211 |  |  | 6,773 |  |  | 45,193 |  |  | 78,177 |
Segment profit (loss) (1) |  |  | 22,994 |  |  | (301,514) |  |  | 27,659 |  |  | (250,861) |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 8,249 |  |  | — |  |  | 8,249 |
Total assets |  |  | 2,343,814 |  |  | 618,637 |  |  | 2,174,800 |  |  | 5,137,251 |
Capital expenditures (including non-cash) |  |  | 57,761 |  |  | 15,396 |  |  | 1,085,844 |  |  | 1,159,001 |
|  |  | Year Ended December 31, 2015 |
|  |  | SkyWest |  |  |  |  |  |  |  |  |  |
|  |  | Airlines |  |  | ExpressJet |  |  | SkyWest Leasing |  |  | Consolidated |
Operating revenues |  | $ | 1,848,363 |  | $ | 1,169,923 |  | $ | 77,277 |  | $ | 3,095,563 |
Operating expense |  |  | 1,630,200 |  |  | 1,192,070 |  |  | 38,778 |  |  | 2,861,048 |
Depreciation and amortization expense |  |  | 141,189 |  |  | 86,382 |  |  | 36,936 |  |  | 264,507 |
Interest expense |  |  | 36,141 |  |  | 12,091 |  |  | 27,618 |  |  | 75,850 |
Segment profit (loss) (1) |  |  | 182,022 |  |  | (34,238) |  |  | 10,881 |  |  | 158,665 |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 10,499 |  |  | — |  |  | 10,499 |
Total assets |  |  | 2,300,388 |  |  | 1,331,000 |  |  | 1,150,596 |  |  | 4,781,984 |
Capital expenditures (including non-cash) |  |  | 30,897 |  |  | 24,679 |  |  | 659,513 |  |  | 715,089 |
|  |  | Year Ended December 31, 2014 |
|  |  | SkyWest |  |  |  |  |  |  |  |  |  |
|  |  | Airlines |  |  | ExpressJet |  |  | SkyWest Leasing |  |  | Consolidated |
Operating revenues |  | $ | 1,873,675 |  | $ | 1,346,859 |  | $ | 16,913 |  | $ | 3,237,447 |
Operating expense |  |  | 1,758,145 |  |  | 1,446,050 |  |  | 8,404 |  |  | 3,212,599 |
Depreciation and amortization expense |  |  | 162,699 |  |  | 88,459 |  |  | 8,484 |  |  | 259,642 |
Special items |  |  | 57,046 |  |  | 17,731 |  |  | — |  |  | 74,777 |
Interest expense |  |  | 39,451 |  |  | 18,754 |  |  | 7,790 |  |  | 65,995 |
Segment profit (loss) (1) |  |  | 76,079 |  |  | (117,945) |  |  | 719 |  |  | (41,147) |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 12,748 |  |  | — |  |  | 12,748 |
Total assets |  |  | 2,475,283 |  |  | 1,386,564 |  |  | 526,971 |  |  | 4,388,818 |
Capital expenditures (including non-cash) |  |  | 137,678 |  |  | 23,790 |  |  | 535,455 |  |  | 696,923 |
| (1) |  | Segment profit is operating income less interest expense

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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