XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Quarterly Financial Data (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2017
Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited) | (13) Quarterly Financial Data (Unaudited) Unaudited summarized financial data by quarter for 2017 and 2016 is as follows (in thousands, except per share data):
|  | Year ended December 31, 2017 |
|  | First |  | Second |  | Third |  | Fourth |  |  |  |
|  | Quarter |  | Quarter |  | Quarter |  | Quarter |  | Year |
Operating revenues |  | $ | 765,415 |  | $ | 809,759 |  | $ | 831,936 |  | $ | 797,158 |  | $ | 3,204,268 |
Operating income |  |  | 76,295 |  |  | 106,596 |  |  | 112,369 |  |  | 92,939 |  |  | 388,199 |
Net income(1) |  |  | 34,786 |  |  | 50,477 |  |  | 53,716 |  |  | 289,928 |  |  | 428,907 |
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 0.67 |  |  | 0.98 |  |  | 1.04 |  |  | 5.60 |  |  | 8.28 |
Diluted |  |  | 0.65 |  |  | 0.95 |  |  | 1.01 |  |  | 5.46 |  |  | 8.08 |
Weighted average common shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  | 51,820 |  |  | 51,751 |  |  | 51,833 |  |  | 51,811 |  |  | 51,804 |
Diluted: |  |  | 53,202 |  |  | 52,977 |  |  | 53,080 |  |  | 53,140 |  |  | 53,100 |
|  | Year ended December 31, 2016 |
|  | First |  | Second |  | Third |  | Fourth |  |  |  |
|  | Quarter |  | Quarter |  | Quarter |  | Quarter |  | Year |
Operating revenues |  | $ | 762,075 |  | $ | 801,338 |  | $ | 799,776 |  | $ | 758,017 |  | $ | 3,121,206 |
Operating income (loss) |  |  | 61,809 |  |  | 84,137 |  |  | 85,834 |  |  | (404,464) |  |  | (172,684) |
Net income (loss)(2) |  |  | 27,092 |  |  | 40,244 |  |  | 41,322 |  |  | (270,244) |  |  | (161,586) |
Net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 0.53 |  |  | 0.78 |  |  | 0.80 |  |  | (5.22) |  |  | (3.14) |
Diluted |  |  | 0.52 |  |  | 0.77 |  |  | 0.79 |  |  | (5.22) |  |  | (3.14) |
Weighted average common shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic: |  |  | 51,218 |  |  | 51,418 |  |  | 51,627 |  |  | 51,757 |  |  | 51,505 |
Diluted: |  |  | 52,014 |  |  | 52,194 |  |  | 52,471 |  |  | 51,757 |  |  | 51,505 |
| (1) |  | Net income for 2017 included a $246.8 million benefit related to the revaluation of the Company’s deferred tax liability and other tax liabilities in accordance with the Tax Act.
| (2) |  | Operating loss for the fourth quarter of 2016 included a special charge of $465.6 million related to an impairment on the Company’s 50-seat aircraft.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration