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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2018
Segment Reporting |
Schedule of Company's segment data | The following represents the Company’s segment data for the three-month periods ended September 30, 2018 and 2017 (in thousands):
|  | Three months ended September 30, 2018 |
|  | SkyWest |  |  |  | SkyWest |  |  |
|  | Airlines |  | ExpressJet |  | Leasing |  | Consolidated |
Operating revenues (1) |  | $ | 607,052 |  | $ | 140,155 |  | $ | 82,068 |  | $ | 829,275 |
Operating expense |  |  | 512,278 |  |  | 139,736 |  |  | 39,336 |  |  | 691,350 |
Depreciation and amortization expense |  |  | 39,651 |  |  | 8,683 |  |  | 37,754 |  |  | 86,088 |
Interest expense |  |  | 4,044 |  |  | 649 |  |  | 26,747 |  |  | 31,440 |
Segment profit (loss) (2) |  |  | 90,730 |  |  | (230) |  |  | 15,985 |  |  | 106,485 |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 1,224 |  |  | — |  |  | 1,224 |
Total assets (as of September 30, 2018) |  |  | 2,251,563 |  |  | 565,266 |  |  | 3,368,031 |  |  | 6,184,860 |
Capital expenditures (including non-cash) |  |  | 44,689 |  |  | 3,069 |  |  | 273,808 |  |  | 321,566 |
|  | Three months ended September 30, 2017 |
|  | SkyWest |  |  |  | SkyWest |  |  |
|  | Airlines |  | ExpressJet |  | Leasing |  | Consolidated |
Operating revenues (1) (3) |  | $ | 558,994 |  | $ | 191,368 |  | $ | 62,311 |  | $ | 812,673 |
Operating expense (3) |  |  | 472,000 |  |  | 200,344 |  |  | 27,960 |  |  | 700,304 |
Depreciation and amortization expense |  |  | 34,049 |  |  | 12,573 |  |  | 27,473 |  |  | 74,095 |
Interest expense |  |  | 5,276 |  |  | 1,017 |  |  | 20,808 |  |  | 27,101 |
Segment profit (loss) (2) |  |  | 81,718 |  |  | (9,993) |  |  | 13,543 |  |  | 85,268 |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 6,121 |  |  | — |  |  | 6,121 |
Total assets (as of September 30, 2017) (3) |  |  | 2,072,597 |  |  | 721,939 |  |  | 2,579,459 |  |  | 5,373,995 |
Capital expenditures (including non-cash) |  |  | 27,118 |  |  | 2,259 |  |  | 24,122 |  |  | 53,499 |
| (1) |  | Prorate revenue, Airport customer service and other revenues is primarily reflected in the SkyWest Airlines segment.
| (2) |  | Segment profit (loss) is equal to operating income less interest expense.
| (3) |  | Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.
The following represents the Company’s segment data for the nine-month periods ended September 30, 2018 and 2017 (in thousands):
|  | Nine months ended September 30, 2018 |
|  | SkyWest |  |  |  | SkyWest |  |  |
|  | Airlines |  | ExpressJet |  | Leasing |  | Consolidated |
Operating revenues (1) |  | $ | 1,750,827 |  | $ | 444,943 |  | $ | 222,420 |  | $ | 2,418,190 |
Operating expense |  |  | 1,505,298 |  |  | 455,084 |  |  | 105,030 |  |  | 2,065,412 |
Depreciation and amortization expense |  |  | 115,979 |  |  | 30,044 |  |  | 100,363 |  |  | 246,386 |
Interest expense |  |  | 12,722 |  |  | 2,264 |  |  | 71,499 |  |  | 86,485 |
Segment profit (loss) (2) |  |  | 232,807 |  |  | (12,405) |  |  | 45,891 |  |  | 266,293 |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 1,224 |  |  | — |  |  | 1,224 |
Total assets (as of September 30, 2018) |  |  | 2,251,563 |  |  | 565,266 |  |  | 3,368,031 |  |  | 6,184,860 |
Capital expenditures (including non-cash) |  |  | 121,010 |  |  | 5,996 |  |  | 827,065 |  |  | 954,071 |
|  | Nine months ended September 30, 2017 |
|  | SkyWest |  |  |  | SkyWest |  |  |
|  | Airlines |  | ExpressJet |  | Leasing |  | Consolidated |
Operating revenues (1) (3) |  | $ | 1,543,618 |  | $ | 631,634 |  | $ | 176,099 |  | $ | 2,351,351 |
Operating expense (3) |  |  | 1,331,931 |  |  | 644,490 |  |  | 79,671 |  |  | 2,056,092 |
Depreciation and amortization expense |  |  | 98,396 |  |  | 38,808 |  |  | 78,211 |  |  | 215,415 |
Interest expense |  |  | 16,811 |  |  | 3,219 |  |  | 58,683 |  |  | 78,713 |
Segment profit (loss) (2) |  |  | 194,876 |  |  | (16,075) |  |  | 37,745 |  |  | 216,546 |
Identifiable intangible assets, other than goodwill |  |  | — |  |  | 6,121 |  |  | — |  |  | 6,121 |
Total assets (as of September 30, 2017) (3) |  |  | 2,072,597 |  |  | 721,939 |  |  | 2,579,459 |  |  | 5,373,995 |
Capital expenditures (including non-cash) |  |  | 85,895 |  |  | 12,414 |  |  | 474,091 |  |  | 572,400 |
| (1) |  | Prorate revenue, Airport customer service and other revenues is primarily reflected in the SkyWest Airlines segment.
| (2) |  | Segment profit (loss) is equal to operating income less interest expense.
| (3) |  | Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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